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Robotics as a Service (RaaS) Market Size, By Type (Professional, Personal), By Application (Handling, Assembling, Dispensing, Processing, Welding and Soldering), By End-use (Manufacturing, Automotive, Food & Beverage, Logistics, Healthcare, Retail), Forecast 2024 - 2032

  • Report ID: GMI5610
  • Published Date: Aug 2024
  • Report Format: PDF

Robotics as a Service Market Size

Robotics As a Service Market size was valued at USD 1.70 billion in 2023 and is anticipated to grow at a CAGR of over 18% between 2024 and 2032. Easy transition to new technologies in the Robotics as a Service (RaaS) market refers to companies adopting robotic solutions and integrating them seamlessly without experiencing major disruptions to their current operations.
 

Robotics As a Service Market

RaaS suppliers make staff onboarding and training easier by providing flexible deployment patterns and extensive support services. Businesses can swiftly take use of modern robotic technologies, including autonomous mobile robots (AMRs) or collaborative robots (cobots), to increase production and efficiency thanks to this ease of transition. Furthermore, RaaS providers frequently incorporate updates and upgrades within their packages, guaranteeing that companies can keep up with the latest technical developments without having to make significant upfront investments or wait a long time for implementation. This strategy reduces risks and speeds up the industry' ability to reap the benefits of robotic automation.
 

Cost effectiveness in the Robotics as a Service (RaaS) Market relates to the financial advantages businesses gain from adopting robotic solutions through a service-based model. RaaS eliminates the need for large capital expenditures upfront, offering robots as a subscription service or pay-per-use basis. This model reduces financial barriers to entry, allowing businesses of all sizes to access state-of-the-art robotics without significant initial investments.
 

Additionally, RaaS providers handle maintenance, updates, and repairs, reducing operational costs associated with robot ownership. Businesses benefit from predictable budgeting and scalability, as they can adjust robot deployments based on seasonal demands or business growth. Overall, RaaS enables cost-effective adoption of robotics, empowering businesses to optimize operations, improve competitiveness, and achieve higher ROI compared to traditional ownership models.
 

Making sure that a variety of robotic systems integrate seamlessly with current processes and infrastructure is one of the technical issues facing the robotics as a service (RaaS) market. The incompatibility of software and robotic platforms might impede data interchange and interoperability, hence impacting the overall efficiency of operations. Furthermore, tackling complexity including object detection, safe human contact, and navigation in congested locations is necessary to optimize robot performance in dynamic contexts. Another major difficulty is maintaining cybersecurity safeguards to safeguard sensitive data and guarantee system integrity, especially as robots become more autonomous and networked. Furthermore, establishing trust in RaaS systems requires resolving reliability issues pertaining to software faults or hardware malfunctions.
 

Robotics as a Service Market Trends

The Robotics as a Service (RaaS) market is witnessing a significant trend with the rise of Autonomous Mobile Robots (AMRs). AMRs are transforming industries such as logistics, manufacturing, and retail by offering flexible and efficient automation solutions. Unlike traditional fixed automation systems, AMRs can navigate autonomously in dynamic environments, adapting to changes in pathways and avoiding obstacles without the need for extensive infrastructure modifications. Businesses are increasingly adopting AMRs through RaaS models due to the cost-effectiveness and scalability they offer. RaaS providers provide AMRs as a service, enabling businesses to deploy robots quickly and scale operations as needed, optimizing workflows and enhancing operational efficiency across various applications.
 

In the Robotics as a Service (RaaS) market, the integration of Artificial Intelligence (AI) and Machine Learning (ML) technologies is a transformative trend. AI and ML empower robots with advanced capabilities such as autonomous decision-making, adaptive learning, and predictive analytics. RaaS providers are incorporating AI and ML algorithms into robotic systems to enhance their ability to perform complex tasks with precision and efficiency. AI-driven robots can autonomously optimize routes, adjust behaviors based on environmental changes, and even learn from data to improve performance over time. This trend is driving innovation in RaaS offerings, enabling businesses to leverage smarter, more adaptive robotic solutions that meet evolving demands for automation, productivity, and operational intelligence in diverse industries. For instance, AI and ML integration in Robotics as a Service (RaaS) is autonomous cleaning robots equipped with AI vision. These autonomous office space navigators use machine learning to discern between furniture and barriers. With time, they pick up the best cleaning routes, customizing their layout to fit each environment. This AI-driven method automatically maintains cleanliness without the need for human interaction, increasing efficiency and improving user experience.
 

Robotics as a Service Market Analysis

Robotics as a Service (RaaS) Market Size, By Type, 2022-2032 (USD Billion)

Based on type, the market is divided into professional and personal. The professional segment dominates the market and is expected to reach over 5 billion by 2032.
 

  • In the professional segment of the Robotics as a Service (RaaS) market, robots are deployed to enhance operational efficiency in industries such as healthcare, hospitality, and customer service. RaaS providers offer robotic solutions for tasks such as patient care assistance, hotel room service, and front-desk reception.
     
  • These robots are equipped with AI-driven capabilities to interact intelligently with humans, providing personalized services and freeing up human staff for more complex or strategic roles. The professional segment benefits from RaaS models by reducing labor costs, improving service quality through consistent performance, and enhancing customer satisfaction with innovative, automated solutions tailored to specific industry needs.
     
Robotics as a Service (RaaS) Market Share, By End-use, 2023

Based on end-use, the market is categorized into manufacturing, automotive, food & beverage, logistics, healthcare, retail and others. The manufacturing segment is the fastest growing segment with a CAGR of over 20% between 2024 and 2032.
 

  • Robots are essential for automating production processes in the manufacturing sector of the Robotics as a Service (RaaS) business in order to increase productivity and flexibility. Robotic solutions, such as collaborative robots (cobots) and automated guided vehicles (AGVs) designed for specific tasks like assembling, welding, and material handling, are provided by RaaS providers.
     
  • To improve accuracy, flexibility, and safety in manufacturing settings, these robots have AI and machine learning built into them. RaaS helps businesses by cutting labor expenses, avoiding errors, and speeding up product time-to-market. RaaS models' scalability enables producers to assign robots in accordance with production demand, effectively managing resource allocation and operational processes to satisfy changing market demands. This clip demonstrates how advancements in robots technology are revolutionizing manufacturing processes, increasing efficiency and competitiveness in industry.
     
Robotics as a Service (RaaS) Market Size, By Type, 2022-2032 (USD Billion)

North America dominated the RaaS market in 2023, accounting for a share of over 35%. The United States plays a pivotal role in shaping the Robotics as a Service (RaaS) market through its robust adoption of advanced technologies and innovation-driven industries. In the US, RaaS solutions are extensively deployed across various sectors including manufacturing, logistics, healthcare, and retail. Companies leverage RaaS to enhance operational efficiency, reduce labor costs, and improve productivity by deploying robots for tasks ranging from assembly line automation to warehouse management.
 

The country's strong ecosystem of technology startups, research institutions, and established enterprises fosters continuous development and adoption of AI-driven robotic solutions. Regulatory support for automation and ongoing investments in AI and robotics further bolster the US position as a global leader in advancing RaaS applications, driving transformative changes in business operations and competitiveness across industries.
 

China is rapidly adopting Robotics as a Service (RaaS) to boost manufacturing automation and logistics efficiency. With substantial investments in AI and robotics, Chinese companies deploy RaaS solutions for industrial automation, smart logistics, and e-commerce fulfillment. The country's emphasis on technological innovation and government support for AI development positions it as a key player in advancing RaaS applications across diverse sectors.
 

Japan leads in integrating Robotics as a Service (RaaS) for precision manufacturing and aging population care. Japanese industries utilize RaaS for tasks like robotic-assisted surgery, elder care, and advanced manufacturing processes. With a focus on high-tech robotics and AI, Japan's commitment to innovation and demographic challenges drives extensive adoption and development of RaaS solutions.
 

South Korea embraces Robotics as a Service (RaaS) to enhance manufacturing competitiveness and service innovation. Korean industries deploy RaaS for tasks such as semiconductor production, logistics automation, and healthcare robotics. Supported by strong government initiatives and investments in AI research, South Korea aims to lead in robotic technologies, driving economic growth and technological advancements.
 

Robotics as a Service Market Share

Major players operating in the robotics as a service industry are:

  • Aethon
  • Berkshire Grey, Inc.
  • Cobalt Robotics
  • CYBERDYNE, Inc.
  • Exotec
  • Formic Technologies Inc.
  • Hirebotics
  • Intuitive Surgical
  • inVia Robotics, Inc.
  • Knightscope, Inc.
  • Kongberg Maritime AS
     

KUKA AG and Berkshire Grey, Inc. Corporation hold a significant share in the Robotics as a Service (RaaS) market. KUKA AG is a leading global supplier of robotic automation solutions, playing a significant role in the Robotics as a Service (RaaS) market. Known for its industrial robots and automation systems, KUKA offers RaaS solutions that include collaborative robots (cobots) and automated manufacturing systems. The company's advanced robotics technology enhances productivity and efficiency in manufacturing, logistics, and automotive sectors. KUKA's commitment to innovation and customer-centric solutions positions it as a key player in driving the adoption of robotic automation through flexible service-based models tailored to diverse industrial applications.
 

Berkshire Grey, Inc. specializes in AI-driven robotic solutions for fulfillment centers and logistics operations. As a leader in the Robotics as a Service (RaaS) market, Berkshire Grey offers autonomous mobile robots (AMRs) and robotic picking systems that optimize warehouse efficiency. These solutions integrate AI and machine learning to handle complex tasks such as picking, packing, and sorting with high accuracy and speed. Berkshire Grey's technology addresses the growing demand for automated e-commerce fulfillment, providing scalable RaaS solutions that enhance operational agility and customer satisfaction in the rapidly evolving logistics industry.
 

Robotics as a Service Market News

  • In November 2022, KUKA AG introduced the KR 3 D1200 robot, specifically designed to handle payloads up to 6 kg. This industrial robot is particularly suitable for industries such as pharmaceuticals and food & beverages due to its use of food-safe H1 lubricants, which meet stringent hygiene standards. The inclusion of these lubricants allows the KR 3 AGILUS to safely handle foodstuffs in secondary applications, ensuring compliance with regulatory requirements while offering precise and efficient automation solutions for sensitive manufacturing environments.
     
  • In May 2022, Berkshire Grey Inc. introduced BG Flex, an advanced mobile robotic platform featuring dynamically controlled fleets of industrial-grade robots. These robots collaborate seamlessly to handle various tasks such as item induction, transportation, sorting, sequencing, and fulfillment of merchandise, cases, and containers. BG Flex enhances operational efficiency in logistics and fulfillment centers by leveraging robotic automation to streamline processes, optimize inventory management, and meet the demands of modern e-commerce operations effectively.
     

The Robotics as a service market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue (USD Million) from 2021 to 2032, for the following segments:

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Market, By Type, 2021 - 2032

  • Professional
  • Personal

Market, By Application, 2021 - 2032

  • Handling
  • Assembling
  • Dispensing
  • Processing
  • Welding & Soldering
  • Others

Market, By End-use, 2021 - 2032

  • Manufacturing
  • Automotive
  • Food & beverage
  • Logistics
  • Healthcare
  • Retail
  • Others

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • ANZ
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • MEA
    • UAE
    • Saudi Arabia
    • South Africa
    • Rest of MEA

 

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

The Robotics as a Service market was valued at USD 1.7 billion in 2023 and is anticipated to grow at over 18% CAGR between 2024

The professional segment in the market is expected to reach over USD 5 billion by 2032 as robots are deployed to enhance operational efficiency in industries, such as healthcare, hospitality, and customer service.

North America RaaS market held over 35% share in 2023 attributed to robust adoption of advanced technologies and innovation-driven industries.

Aethon, Berkshire Grey, Inc., Cobalt Robotics, CYBERDYNE, Inc., Exotec, Formic Technologies Inc., Hirebotics, Intuitive Surgical, inVia Robotics, Inc., Knightscope, Inc.., and Kongberg Maritime AS among others.

Robotics as a Service Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 17
  • Tables & Figures: 305
  • Countries covered: 23
  • Pages: 210
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