Global Industrial and Service Robot Market Growth 2024-2030
Industrial and Service Robots are two broad categories of robots that have different applications and characteristics.
According to the International Federation of Robotics, industrial robots are robots “for use in industrial automation applications”, while a service robot “performs useful tasks for people or equipment, excluding industrial automation applications”.
Industrial robots are typically used for manufacturing or assembly tasks that require precision, consistency, speed, or safety. Service robots are more diverse and can be used for personal or professional purposes, such as healthcare, hospitality, logistics, military, or entertainment.
The global Industrial and Service Robot market size is projected to grow from US$ 367.8 million in 2023 to US$ 588.7 million in 2030; it is expected to grow at a CAGR of 7.0% from 2024 to 2030.
This Insight Report provides a comprehensive analysis of the global Industrial and Service Robot landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity.
This report presents a comprehensive overview, market shares, and growth opportunities of Industrial and Service Robot market by product type, application, key manufacturers and key regions and countries.
Key Features:- Increased adoption of collaborative robots (cobots) that can work alongside humans in various settings.
- Integration of artificial intelligence (AI) and cloud computing with robotics.
- Development of new applications and markets for robotics.
- Growth of robotics as a service (RaaS) business model.
- Increased demand for robots in emerging markets.
- Industrial Robot
- Hotel and Restaurant Robot
- Factory
- Hotel and Restaurant
- Americas
- APAC
- Europe
- Middle East & Africa
- Ourglass Pte Ltd
- Savioke Inc.
- Kurve Automation Pte Ltd
- Techmetics Robotics
- ABB Ltd
- Daifuku Co. Ltd
- Nachi Robotic Systems Inc.
- Eureka Robotics
- Delta Electronics Inc.
- What is the 10-year outlook for the global Industrial and Service Robot market?
- What factors are driving Industrial and Service Robot market growth, globally and by region?
- Which technologies are poised for the fastest growth by market and region?
- How do Industrial and Service Robot market opportunities vary by end market size?
- How does Industrial and Service Robot break out type, application?
Frequently Asked Questions
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- Historic and Future Analysis of the Market