The service robotics market has been experiencing remarkable growth and is set to continue expanding as advancements in technology drive the development of robots designed to assist with various tasks. With an estimated value of USD 37.96 billion in 2024, the market is expected to grow at a compound annual growth rate (CAGR) of 23.1% from 2025 to 2034, reaching an estimated USD 245.87 billion by 2034. The increasing adoption of service robots across industries such as healthcare, logistics, and hospitality is contributing significantly to this growth. In this blog, we will explore the service robotics market, its size, trends, growth drivers, market analysis, and key competitors.
Service Robotics Market Overview
Service robots are automated machines designed to perform tasks that assist humans in various settings, including commercial, industrial, and residential environments. Unlike industrial robots, which are used for manufacturing, service robots are typically used for tasks such as cleaning, delivery, healthcare assistance, and customer service.
Service Robotics Market Size
The service robotics market is expected to continue its upward trajectory, reaching USD 37.96 billion in 2024. As demand for robots in both commercial and residential settings increases, the market is projected to grow at a CAGR of 23.1% between 2025 and 2034. By 2034, the service robotics market is forecasted to reach a staggering USD 245.87 billion.
This growth is largely attributed to the adoption of service robots across a variety of industries, including healthcare, logistics, hospitality, and retail. As these industries continue to rely on automation to improve efficiency, reduce operational costs, and enhance customer experiences, the demand for service robots will continue to rise.
Service Robotics Market Trends
Several key trends are influencing the service robotics market:
Increased Adoption in Healthcare: Robots are increasingly being used in healthcare for tasks such as surgery assistance, rehabilitation, and patient care. Surgical robots, like those developed by Intuitive Surgical, are revolutionizing the way surgeries are performed, allowing for greater precision and minimally invasive procedures.
Robots for Logistics and Delivery: Service robots are playing a vital role in the logistics and transportation industry. Robots are used for automating warehouse tasks, transporting goods, and even delivering packages. These robots are helping companies reduce costs and improve delivery speed.
Smart Robots with AI Integration: Artificial intelligence (AI) is being integrated into service robots to enable them to learn, adapt, and make decisions in real time. AI-powered robots can perform more complex tasks, interact with humans, and operate autonomously, leading to greater efficiency and versatility.
Increased Demand in Hospitality and Retail: Service robots are gaining popularity in industries like hospitality and retail, where they are used for tasks such as customer service, food delivery, and inventory management. Robots can enhance customer experiences by providing efficient and personalized service.
Service Robotics Market Segmentation
Product Type:
Professional Service
Personal and Domestic Service
Others
Component:
Hardware
Software
Application:
Logistics
Construction and Demolition
Medical
Defence, Rescue, and Security
Entertainment, Educational, and Personal
Domestic
Marine
Research and Space Exploration
Others
Region:
North America
Europe
Asia Pacific
Rest of the World
Read Full Report with Table of Contents
Service Robotics Market Growth
The service robotics market is experiencing rapid growth, driven by several key factors:
Technological Advancements: Breakthroughs in robotics technology, including AI, machine learning, and advanced sensors, are making service robots more efficient, capable, and versatile. These advancements enable robots to perform more complex tasks and interact with their environment in real time.
Increased Demand for Automation: As businesses and consumers seek ways to improve productivity and reduce costs, the demand for service robots is increasing across industries such as healthcare, logistics, hospitality, and retail. Robots offer significant advantages in terms of speed, precision, and consistency.
Aging Population and Healthcare Needs: The growing demand for healthcare robots, particularly in surgery and patient care, is driven by the aging population and the need for more efficient healthcare solutions. Robots can assist with elderly care, rehabilitation, and surgery, addressing the challenges of an overburdened healthcare system.
Cost Reduction and Efficiency: Companies are increasingly adopting service robots to reduce labor costs, improve operational efficiency, and enhance service delivery. Service robots can perform repetitive, mundane tasks, freeing up human workers to focus on higher-value activities.
Service Robotics Market Forecast
The service robotics market is forecasted to experience substantial growth over the next decade. With a projected CAGR of 23.1% between 2025 and 2034, the market is expected to reach USD 245.87 billion by 2034. Key factors driving this growth include the widespread adoption of robots in healthcare, logistics, hospitality, and retail, as well as advancements in AI and robotics technology.
The increasing demand for automation, along with the rising need for efficiency and cost reduction, will continue to drive the growth of the service robotics market. Additionally, the global push for more sustainable solutions and labor force optimization will further support market expansion.
Competitor Analysis
Leading players in the service robotics market include:
Intuitive Surgical, Inc.: A global leader in robotic-assisted surgery, Intuitive Surgical is known for its da Vinci Surgical System, which provides minimally invasive surgery with high precision. The company continues to innovate in the field of medical robotics.
Kollmorgen Corporation: Specializing in providing robotic solutions for industrial automation, Kollmorgen is also expanding its services into healthcare and logistics robotics. The company offers advanced motion control solutions for robotics applications.
KUKA AG: KUKA is a major player in the robotics space, providing a range of service robots for industries such as healthcare, logistics, and automation. The company’s robots are known for their high precision and adaptability.
Others: Other key players include Boston Dynamics, iRobot, ABB, and SoftBank Robotics, all of which are actively involved in the development of service robots for various applications.
Media Contact:
Company Name: Claight Corporation
Contact Person: Emily Jacks, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website:www.expertmarketresearch.com
