Home > Semiconductors & Electronics > Automation > Robotics > Service Robotics Market

Service Robotics Market Size

Report ID: GMI130
Published Date: Nov 2024
Report Format: PDF

Download Free Sample

Service Robotics Market Size

The global service robotics market was valued at USD 36.1 billion in 2024 and is anticipated to grow at a CAGR of 17.1% between 2025 to 2034.

Service Robotics Market

To get key market trends

Download Free Sample

Service robotics are autonomous or semi-autonomous machines designed to perform specific tasks that assist humans in commercial, professional, and consumer environments without direct human intervention. These systems operate across diverse sectors including healthcare (surgical robots, delivery robots in hospitals), hospitality (concierge robots, room service), retail (inventory management robots, cleaning robots), and personal assistance (domestic robots, elderly care robots). The market encompasses both professional service robots, which are used in commercial/industrial settings, and personal service robots for consumer applications.

Service Robotics Market Report Attributes
Report Attribute	Details
Base Year:	2024
Service Robotics Market Size in 2024:	USD 36.1 Billion
Forecast Period:	2025 – 2034
Forecast Period 2025 – 2034 CAGR:	17.1%
2025 – 2034 Value Projection:	USD 166.6 Billion
Historical Data for:	2021 – 2024
No. of Pages:	198
Tables, Charts & Figures:	439
Segments covered:	Component, Type, Mobility, Technology, Application
Growth Drivers:	Increasing use of Internet of Things (IoT) in robots for cost-effective predictive maintenance Surge in demand for professional robots in healthcare Growing popularity of Robotics-as-a-Service (RaaS) Rise in the E-commerce & online food industry Increasing funding for research on robots
Pitfalls & Challenges:	High initial investment costs Concerns over data privacy and regulations

Learn more about the key segments shaping this market

Download Free Sample

The global service robotics industry is experiencing growth due to several factors. Labor shortages and increasing costs are prompting industries to adopt robots for repetitive, dangerous, or specialized tasks, particularly in healthcare, logistics, and manufacturing. Advancements in artificial intelligence and robotics have enhanced robot capabilities and cost-effectiveness, improving efficiency and safety across sectors. The aging population is increasing demand for healthcare and eldercare robots to assist with patient care and daily activities. Furthermore, the trend towards automation and smart manufacturing, coupled with the effects of the COVID-19 pandemic, has accelerated robot adoption in healthcare, retail, and logistics industries.

Authors: Suraj Gujar, Saptadeep Das

Frequently Asked Questions (FAQ) :

The global market size for service robotics was valued at USD 36.1 billion in 2024 and is anticipated to reach USD 166.6 billion by 2034, driven by a CAGR of 17.1% from 2025 to 2034.

The fixed robots segment is expected to grow at a CAGR of 17.7% between 2025 and 2034, driven by its application in environments requiring stability and precision.

In 2024, the U.S. accounted for a 71.8% share of the North America market, driven by the growing need for automation in industries such as logistics, healthcare, and manufacturing.

Major players in the industry include ABB Robotics, Aethon, Blue Ocean Robotics, Boston Dynamics, Clearpath Robotics, Ecovacs Robotics, Fanuc Corporation, Festo, Intuitive Surgical, and iRobot Corporation.