Service Robotics Market is predicted to reach USD 59.65 billion at a CAGR of 15.00% during the forecast period

Market Research Future (MRFR) published a half cooked research report on " Global Service Robotics Market".

MRFR recognizes the following companies as the key players in the global Service Robotics market— Parrot Drones SAS, GeckoSystems Intl. Corp., KUKA AG, DJI, OMRON Corporation, Alibaba Group Holding Limited, Lely, and Honda Motor Co., Ltd.

Service Robotics Market Highlights

The global Service Robotics market is accounted to register a CAGR of 15.00% during the forecast period and is estimated to reach USD 59.65 billion by 2030.

The market for Service Robotics makes it easier for systems and devices to network and share data in industrial environments. It consists of technologies like Ethernet, wireless, fieldbus, and others that allow for real-time automation, control, and monitoring. The market is being pushed by the rising need for digitalization and seamless connection in industrial operations.

Segment Analysis

The global Service Robotics market has been segmented Type and End User

Based on type, the market is segmented into domestic and professionalIn terms of revenue, the professional sector accounted for the majority of the service robots market in 2021. This is primarily due to the rising demand for service robotics across a variety of markets, including logistics, defence, construction, and healthcare. However, over the anticipated term, domestic will expand the fastest.

Based on End User, the global Service Robotics market has been segmented into healthcare, defense, electronics, automotive, transportation, and construction. The automotive category dominated the market in 2021 and is anticipated to grow at the fastest rate from 2022 to 2030. This is a result of this field service's enhanced automation. Robotics is utilised to move and store things, which saves time and results in effective operation.

Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Service Robotics Market Research Report

Regional Analysis

The global Service Robotics market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Service Robotics market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Service Robotics market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Service Robotics market comprises of Middle East, Africa, and Latin America.

The North America Robotics Market dominated this market in 2021 (8.56%). This can be attributable to hospitals' increasing adoption of surgical robots, acceptable investment opportunities for research on assistive technologies, and the availability of highly advanced service robotics, which will further accelerate the market's expansion in the area.

Additionally, the second-largest market share for Service Robotics is held by Europe. due to the rising demand for personal and professional robotics in a number of the region's countries.

Moreover, from 2022 to 2030, the Asia-Pacific Service Robotics Market is anticipated to experience the fastest CAGR growth. This is because industrial robot research and development operations in this area are increasingly incorporating service robots into their processes.

Key Findings of the Study

• The global Service Robotics market is expected to reach USD 59.65 billion by 2030, at a CAGR of 15.00% during the forecast period.


• The North America Robotics Market dominated this market in 2021 (8.56%). This can be attributable to hospitals' increasing adoption of surgical robots, acceptable investment opportunities for research on assistive technologies, and the availability of highly advanced service robotics, which will further accelerate the market's expansion in the area.


• Based on End User, The automotive category dominated the market in 2021 and is anticipated to grow at the fastest rate from 2022 to 2030.


• Parrot Drones SAS, GeckoSystems Intl. Corp., KUKA AG, DJI, OMRON Corporation, Alibaba Group Holding Limited, Lely, and Honda Motor Co., Ltd.