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Robot as a Service Market to Reach US$8.2B by 2032 | 18% CAGR Driven by AI, IoT & Industrial Automation
Robot as a Service Market
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North America Key Industry Developments
✅ August 2025: Serve Robotics acquired Vayu Robotics to enhance autonomous delivery capabilities.
✅ June 2025: SoftBank Robotics America launched SoftBank Robotics Connect for managing robot fleets.
✅ September 2025: RobCo expanded into the US with a new headquarters in San Francisco.
✅ November 2024: ABB acquired Sevensense for AI-powered mobile robotics.
Asia-Pacific Key Industry Developments
✅ July 2025: Zoho Corporation acquired Asimov Robotics and opened a new campus in Kerala, India.
✅ June 2025: Richtech Robotics signed a multi-billion-dollar sales agreement with Beijing Tongchuang Technology in China.
✅ September 2025: L&T Technology Services partnered with SiMa.ai for AI-powered robotics solutions.
Key Mergers and Acquisitions (Recent)
✅ August 2025: Serve Robotics acquired Vayu Robotics to strengthen autonomous delivery and market expansion.
✅ July 2025: Zoho Corporation acquired Asimov Robotics to advance RaaS capabilities in India.
✅ November 2024: ABB acquired Sevensense to integrate AI navigation in mobile robots.
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Market Segmentation Analysis
By Type: Professional service robots dominate with 55.2% market share in 2024, followed by personal service robots.
By Service Model: Pay-as-you-go (on-demand), subscription/leasing, and hybrid models.
By Deployment: Cloud-based and on-premises.
By End-User: Automotive, e-commerce & retail, healthcare, food & beverage, aerospace & defense, agriculture, education, and others.
Regional Insights
North America leads with 36.3% market share due to advanced automation adoption, strong R&D, and presence of key players. Asia-Pacific is the fastest-growing region, driven by rapid industrialization, government smart manufacturing initiatives, and expanding logistics and healthcare applications.
Growth Drivers
» Increasing demand for automation to enhance operational efficiency and reduce labor dependency
» Integration of AI, IoT, and advanced robotics technologies
Subscription models lowering barriers for SMEs and flexible deployment
»Government support for industrial automation and smart factories
»Rising applications in logistics, healthcare, and retail amid digital transformation
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Key Players
The market includes leading companies such as ABB, Locus Robotics, Aethon, Inc., Berkshire Grey, Zebra Technologies Corp, Cobalt AI, Ademco Global, FANUC CORPORATION, Exotec, and Vectis Automation LLC.
Key Highlights (Top 5 Key Players)
1. ABB - Advancing AI-powered mobile robotics through strategic acquisitions.
2. Locus Robotics - Leading in warehouse automation and scalable RaaS solutions.
3. FANUC CORPORATION - Innovating industrial robots for manufacturing efficiency.
4. Exotec - Focusing on high-performance warehouse robotics systems.
5. Berkshire Grey - Enhancing e-commerce fulfillment with intelligent robotic solutions.
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