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Global Commercial Robots Market Analysis 2025-2030: Growth Drivers, Challenges, And Opportunities
Commercial Robots Market
How Big Is the Commercial Robots Market Size Expected to Be by 2034?
The commercial robots market has grown exponentially in recent years. It will grow from $24.9 billion in 2024 to $30 billion in 2025, reflecting a CAGR of 20.5%. This growth is attributed to increasing demand for automation, the need for greater efficiency and productivity, heightened awareness of safety concerns, growing investment in R&D, the rise of robotics as a service (RaaS) models, and the growing use of collaborative robots (cobots).
The commercial robots market will grow to $62.4 billion by 2029 at a CAGR of 20.1%. The rise in demand for automation, logistics efficiency, and robotics in healthcare contributes to this growth. Key trends include AI and IoT integration, collaborative robots, and the use of robotics in SMEs.
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What Are the Emerging Segments Within the Commercial Robots Market?
The commercial robots market covered in this report is segmented -
1) By Type: Field Robots, Medical Robots, Autonomous Guided Robotics, Drones, Other Types
2) By Technology: Automatic, Semi-Automatic, Manual
3) By Application: Medical And Healthcare, Defense And Security, Agriculture And Forestry, Marine, Other Applications
Subsegments:
1) By Field Robots: Agricultural Robots, Construction Robots, Mining Robots
2) By Medical Robots: Surgical Robots, Rehabilitation Robots, Diagnostic Robots
3) By Autonomous Guided Robotics: Automated Guided Vehicles (AGVs), Automated Material Handling Systems
4) By Drones: Commercial Drones for Delivery, Surveillance Drones, Inspection Drones
5) By Other Types: Cleaning Robots, Security Robots, Retail Robots
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What Long-Term Drivers Are Shaping Commercial Robots Market Trends?
The rise of industrialization is expected to promote the growth of the commercial robot market. Industrialization refers to the shift from agriculture to large-scale manufacturing, using mechanization and energy sources to drive production. This growth is spurred by the industrial revolution and expanding manufacturing sectors. Commercial robots assist in automating tasks and replicating human functions, improving efficiency in production. For instance, the National Bureau of Statistics (NBS) of China reported that the country's industrial output increased by 4.6% in October 2023. Therefore, the increase in industrialization is driving the commercial robot market.
Who Are the Top Competitors in Key Commercial Robots Market Segments?
Major companies operating in the commercial robots market are Honda Motor Co. Ltd., Northrop Grumman Corporation, ABB Ltd., Omron Corporation, Yaskawa Electric Corporation, Kuka AG, Teradyne Inc., SICK AG, Techman Robot Inc., iRobot Corporation, SoftBank Robotics Group, UBTECH Robotics Corp Ltd., Pudu Technology Inc., Fourier Intelligence, Boston Dynamics, 3DR Inc., Sarcos Technology and Robotics Corporation, inVia Robotics Inc., PickNik Inc., Wingcopter, Vecow Co. Ltd., Robocath, Agrobot, Keenon Robotics Co. Ltd., Universal Robots A/S
What Are the Major Trends Shaping the Commercial Robots Market?
Companies in the commercial robot market are focusing on third-generation delivery robots to improve delivery services in urban areas. These robots incorporate enhancements to technology and functionality to provide better efficiency and customer satisfaction. For example, in October 2024, Serve Robotics, a US-based company, launched a third-generation delivery robot in Los Angeles with increased capacity, better speed, and battery life, designed for urban food and drink delivery.
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Which Regions Are Becoming Hubs for Commercial Robots Market Innovation?
North America was the largest region in the commercial robots market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the commercial robots market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Commercial Robots Market?
2. What is the CAGR expected in the Commercial Robots Market?
3. What Are the Key Innovations Transforming the Commercial Robots Industry?
4. Which Region Is Leading the Commercial Robots Market?
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