Global Service Robotics Market 2023-2027

Global Service Robotics Market 2023-2027

Technavio has been monitoring the service robotics market and it is poised to grow by $48788.55 mn during 2023-2027, accelerating at a CAGR of 22.75% during the forecast period. Our report on the service robotics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growing demand for robotic automation processes, increasing adoption of robotics in diverse application fields, and increasing use of IoT in robots for cost-effective predictive maintenance.

Technavio's service robotics market is segmented as below:

By Application

  • Professional robots
  • Personal robots
By Environment
  • Ground
  • Aerial
  • Marine
By Geographical Landscape
  • APAC
  • Europe
  • North America
  • Middle East and Africa
  • South America
This study identifies government support for robotics as one of the prime reasons driving the service robotics market growth during the next few years. Also, strategic collaboration, partnership, and merger and acquisition, and expansion of new plants, offices, and locations will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the service robotics market covers the following areas:
  • Service robotics market sizing
  • Service robotics market forecast
  • Service robotics market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading service robotics market vendors that include AB Electrolux, AMP Robotics Corp., Blue Ocean Robotics, Cyberdyne Inc., Daifuku Co. Ltd., Diligent Robotics Inc., Exyn Technologies, Guangzhou XAG Co. Ltd., Harvest CROO Robotics LLC, Intuitive Surgical Inc., Irobot Corp., Kongsberg Gruppen ASA, Samsung Electronics Co. Ltd., Singapore Technologies Engineering Ltd., SoftBank Group Corp., Starship Technologies Inc., SZ DJI Technology Co. Ltd., Tetra Laval S.A., YUJIN ROBOT Co. Ltd., and Northrop Grumman Corp. Also, the service robotics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary – Chart on Market Overview
      • Table Executive Summary – Data Table on Market Overview
      • Table Executive Summary – Chart on Global Market Characteristics
      • Table Executive Summary – Chart on Market by Geography
      • Table Executive Summary – Chart on Market Segmentation by Application
      • Table Executive Summary – Chart on Market Segmentation by Environment
      • Table Executive Summary – Chart on Incremental Growth
      • Table Executive Summary – Data Table on Incremental Growth
      • Table Executive Summary – Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2022
    • Market outlook: Forecast for 2022-2027
      • Table Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Table Data Table on Global Market: Year-over-year growth 2022-2027 (%)
  • Historic Market Size
    • Global service robotics market 2017 - 2021
      • Table Historic Market Size – Data Table on Global service robotics market 2017 - 2021 ($ million)
    • Application Segment Analysis 2017 - 2021
      • Table Historic Market Size – Application Segment 2017 - 2021 ($ million)
    • Environment Segment Analysis 2017 - 2021
      • Table Historic Market Size – Environment Segment 2017 - 2021 ($ million)
    • Geography Segment Analysis 2017 - 2021
      • Table Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • Country Segment Analysis 2017 - 2021
      • Table Historic Market Size – Country Segment 2017 - 2021 ($ million)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between2022 and 2027
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • Threat of new entrants
      • Table Threat of new entrants – Impact of key factors in 2022 and 2027
    • Threat of substitutes
      • Table Threat of substitutes – Impact of key factors in 2022 and 2027
    • Threat of rivalry
      • Table Threat of rivalry – Impact of key factors in 2022 and 2027
    • Market condition
      • Table Chart on Market condition - Five forces 2022 and 2027
  • Market Segmentation by Application
    • Market segments
      • Table Chart on Application - Market share 2022-2027 (%)
      • Table Data Table on Application - Market share 2022-2027 (%)
    • Comparison by Application
      • Table Chart on Comparison by Application
      • Table Data Table on Comparison by Application
    • Professional robots - Market size and forecast 2022- 2027
      • Table Chart on Professional robots - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Professional robots - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Professional robots - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Professional robots - Year-over-year growth 2022-2027 (%)
    • Personal robots - Market size and forecast 2022-2027
      • Table Chart on Personal robots - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Personal robots - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Personal robots - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Personal robots - Year-over-year growth 2022-2027 (%)
    • Market opportunity by Application
      • Table Market opportunity by Application ($ million)
  • Market Segmentation by Environment
    • Market segments
      • Table Chart on Environment - Market share 2022-2027 (%)
      • Table Data Table on Environment - Market share 2022-2027 (%)
    • Comparison by Environment
      • Table Chart on Comparison by Environment
      • Table Data Table on Comparison by Environment
    • Ground - Market size and forecast 2022-2027
      • Table Chart on Ground - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Ground - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Ground - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Ground - Year-over-year growth 2022-2027 (%)
    • Aerial - Market size and forecast 2022-2027
      • Table Chart on Aerial - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Aerial - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Aerial - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Aerial - Year-over-year growth 2022-2027 (%)
    • Marine - Market size and forecast 2022-2027
      • Table Chart on Marine - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Marine - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Marine - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Marine - Year-over-year growth 2022-2027 (%)
    • Market opportunity by Environment
      • Table Market opportunity by Environment ($ million)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2022-2027 (%)
      • Table Data Table on Market share by geography 2022-2027 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • APAC - Market size and forecast 2022-2027
      • Table Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Table Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Table Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • Europe - Market size and forecast 2022-2027
      • Table Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • North America - Market size and forecast 2022-2027
      • Table Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Table Chart on North America - Year-over-year growth 2022-2027 (%)
      • Table Data Table on North America - Year-over-year growth 2022-2027 (%)
    • Middle East and Africa - Market size and forecast 2022- 2027
      • Table Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • South America - Market size and forecast 2022-2027
      • Table Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Table Chart on South America - Year-over-year growth 2022-2027 (%)
      • Table Data Table on South America - Year-over-year growth 2022-2027 (%)
    • US - Market size and forecast 2022-2027
      • Table Chart on US - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Table Chart on US - Year-over-year growth 2022-2027 (%)
      • Table Data Table on US - Year-over-year growth 2022-2027 (%)
    • China - Market size and forecast 2022-2027
      • Table Chart on China - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Table Chart on China - Year-over-year growth 2022-2027 (%)
      • Table Data Table on China - Year-over-year growth 2022-2027 (%)
    • Japan - Market size and forecast 2022-2027
      • Table Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • Germany - Market size and forecast 2022-2027
      • Table Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • South Korea - Market size and forecast 2022-2027
      • Table Chart on South Korea - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on South Korea - Market size and forecast 2022-2027 ($ million)
      • Table Chart on South Korea - Year-over-year growth 2022-2027 (%)
      • Table Data Table on South Korea - Year-over-year growth 2022-2027 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Growing demand for robotic automation processes
      • Increasing adoption of robotics in diverse application fields
      • Increasing use of IoT in robots for cost-effective predictive maintenance
    • Market challenges
      • High cost associated with robotic systems
      • Lack of skilled technicians
      • Stringent regulations and safety concerns related to robotics
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2022 and 2027
    • Market trends
      • Government support for robotics
      • Strategic collaboration, partnership, and merger and acquisition
      • Expansion of new plants, offices, and locations
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • AB Electrolux
      • Table AB Electrolux - Overview
      • Table AB Electrolux - Business segments
      • Table AB Electrolux - Key news
      • Table AB Electrolux - Key offerings
      • Table AB Electrolux - Segment focus
    • AMP Robotics Corp.
      • Table AMP Robotics Corp. - Overview
      • Table AMP Robotics Corp. - Product / Service
      • Table AMP Robotics Corp. - Key offerings
    • Blue Ocean Robotics
      • Table Blue Ocean Robotics - Overview
      • Table Blue Ocean Robotics - Product / Service
      • Table Blue Ocean Robotics - Key offerings
    • Cyberdyne Inc.
      • Table Cyberdyne Inc. - Overview
      • Table Cyberdyne Inc. - Product / Service
      • Table Cyberdyne Inc. - Key offerings
    • Daifuku Co. Ltd.
      • Table Daifuku Co. Ltd. - Overview
      • Table Daifuku Co. Ltd. - Business segments
      • Table Daifuku Co. Ltd. - Key news
      • Table Daifuku Co. Ltd. - Key offerings
      • Table Daifuku Co. Ltd. - Segment focus
    • Diligent Robotics Inc.
      • Table Diligent Robotics Inc. - Overview
      • Table Diligent Robotics Inc. - Product / Service
      • Table Diligent Robotics Inc. - Key offerings
    • Exyn Technologies
      • Table Exyn Technologies - Overview
      • Table Exyn Technologies - Product / Service
      • Table Exyn Technologies - Key offerings
    • Intuitive Surgical Inc.
      • Table Intuitive Surgical Inc. - Overview
      • Table Intuitive Surgical Inc. - Product / Service
      • Table Intuitive Surgical Inc. - Key offerings
    • Irobot Corp.
      • Table Irobot Corp. - Overview
      • Table Irobot Corp. - Product / Service
      • Table Irobot Corp. - Key offerings
    • Kongsberg Gruppen ASA
      • Table Kongsberg Gruppen ASA - Overview
      • Table Kongsberg Gruppen ASA - Business segments
      • Table Kongsberg Gruppen ASA - Key news
      • Table Kongsberg Gruppen ASA - Key offerings
      • Table Kongsberg Gruppen ASA - Segment focus
    • Northrop Grumman Corp.
      • Table Northrop Grumman Corp. - Overview
      • Table Northrop Grumman Corp. - Business segments
      • Table Northrop Grumman Corp. - Key news
      • Table Northrop Grumman Corp. - Key offerings
      • Table Northrop Grumman Corp. - Segment focus
    • Samsung Electronics Co. Ltd.
      • Table Samsung Electronics Co. Ltd. - Overview
      • Table Samsung Electronics Co. Ltd. - Business segments
      • Table Samsung Electronics Co. Ltd. - Key news
      • Table Samsung Electronics Co. Ltd. - Key offerings
      • Table Samsung Electronics Co. Ltd. - Segment focus
    • Singapore Technologies Engineering Ltd.
      • Table Singapore Technologies Engineering Ltd. - Overview
      • Table Singapore Technologies Engineering Ltd. - Business segments
      • Table Singapore Technologies Engineering Ltd. - Key offerings
      • Table Singapore Technologies Engineering Ltd. - Segment focus
    • Tetra Laval S.A.
      • Table Tetra Laval S.A. - Overview
      • Table Tetra Laval S.A. - Business segments
      • Table Tetra Laval S.A. - Key offerings
      • Table Tetra Laval S.A. - Segment focus
    • YUJIN ROBOT Co. Ltd.
      • Table YUJIN ROBOT Co. Ltd. - Overview
      • Table YUJIN ROBOT Co. Ltd. - Product / Service
      • Table YUJIN ROBOT Co. Ltd. - Key offerings
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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