Service Robot Market - Forecasts from 2025 to 2030

The service robot market is projected to grow at a CAGR of 19.35% to reach US$99.040 billion by 2030 from US$40.890 billion in 2025.

Growing demand for service robots in the healthcare and education industries is driving service robot market growth. The declining price of personal robots, owing to rapidly growing competition in the market, is driving the adoption of service robots for domestic tasks, further augmenting this market growth. In addition, the rapidly aging population, as well as an increasing number of rehabilitation centers, is driving the demand for service robots, as they can provide assistance to elderly people. Other drivers include rising spending power and high-speed innovation. However, high initial costs are restraining adoption and hampering service robot market growth.

Regionally, Europe commands a substantial market share and holds a prominent position throughout the forecast period. Rapid innovation and the broadening use of service robots are fueling regional market expansion. In Europe, the adoption of robots is growing in fields like education, entertainment, and healthcare. Likewise, North America secures a significant share, driven by early technology adoption in the United States and the presence of numerous leading companies, which bolster its market standing. Meanwhile, the Asia Pacific (APAC) region is witnessing rapid growth during the forecast period, propelled by increased automation in logistics and rising investments, boosting the APAC service robot market.

The service robot market report provides an in-depth analysis of the global industry, offering strategic and executive-level insights supported by data-driven analysis and projections. Regularly updated, it equips decision-makers with practical intelligence on current trends, emerging opportunities, and competitive dynamics. The report examines demand for various service robot categories, including professional and personal types, and their uptake across different regions. It also assesses the latest technological developments in the service robotics field, alongside key government policies, regulations, and macroeconomic factors, delivering a comprehensive perspective of the market.

Some of the major players covered in this report include iRobot Corporation, Samsung Electronics Co. Ltd., Honda Motor Co. Ltd., Panasonic Corporation, and Intuitive Surgical Inc., among others.

Key Benefits of this Report:

• Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, and other sub-segments.
• Competitive Landscape: Understand the strategic maneuvers employed by key players globally to understand possible market penetration with the correct strategy.
• Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape future market developments.
• Actionable Recommendations: Utilize the insights to exercise strategic decisions to uncover new business streams and revenues in a dynamic environment.
• Caters to a Wide Audience: Beneficial and cost-effective for startups, research institutions, consultants, SMEs, and large enterprises.

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Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive Intelligence

Report Coverage:

• Historical data from 2022 to 2024 & forecast data from 2025 to 2030
• Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, and Trend Analysis
• Competitive Positioning, Strategies, and Market Share Analysis
• Revenue Growth and Forecast Assessment of segments and regions including countries
• Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)

Service Robot Market Segmentation:

Service Robot Market Segmentation by type:

The report analyzes the service robot market by type as below:

• Professional Service Robots
• Personal Service Robots

Service Robot Market Segmentation by mobility:

The report analyzes the service robot market by mobility segment as below:

• Mobile Robots
• Fixed Robots

Service Robot Market Segmentation by application:

The report analyzed the service robot market divided across applications as follows:

• Healthcare
• Logistics and Warehousing
• Domestic and Household
• Education and Training
• Security and Surveillance
• Others

Service Robot Market Segmentation by regions:

The study also analyzed the service robot market into the following regions, with country-level forecasts and analysis as below:

• North America (USA, Canada, and Mexico)
• South America (Brazil, Argentina, and Others)
• Europe (UK, Germany, France, Spain and Others)
• Middle East and Africa (Saudi Arabia, UAE and Others)
• Asia Pacific (China, Japan, India, South Korea, Taiwan, Thailand, Indonesia, and Others)

Service Robot Market Report Coverage:

This report provides extensive coverage as explained in the points below:

• Service robot market size, forecasts, and trends by different types of robots, with historical revenue data and analysis focusing on key factors driving adoption, current challenges faced by key players, and major growth areas.
• Service robot market size, forecasts, and trends by mobility, with historical revenue data and analysis.
• Service robot market size, forecasts, and trends by application segment, with historical revenue data and analysis across segments.
• Service robot market is also analyzed across different regions, with historical data, regional share, attractiveness, and opportunity of these solutions in different countries. The growth prospects and key players operating in these markets. The section also dwells on the macro factors, economic scenario, and other complementary factors aiding in market growth.
• Market dynamics: The section details the market growth factors, restraints, and opportunities in the market. The segment also presents complete market scenario with the help of Porter’s five forces model.
• Competitive Intelligence: A thorough investigation on the competitive structure of the market presented through proprietary vendor matrix model, market share analysis of key players, insights on strategies of key players and recent major developments undertaken by the companies to gain competitive edge.
• Research methodology: The assumptions and sources which were considered to arrive at the final market estimates. Additionally, how our model is refined to ensure most significant factors are taken into consideration with the proper hypothesis and bottom-up and top-down approaches enhance the reliability of forecasts further strengthening the trustworthiness of the numbers being presented.

How this report is helpful to you and reasons for purchase?

• The report provides a strategic outlook of the service robot market to the decision-makers, analysts and other stakeholders in the easy to read format for taking informed decisions.
• The charts, tables and figures make it easy for the executives to gain valuable insights while skimming the report.
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