The global market for Industrial and Service Robot was valued at US$ 436 million in the year 2024 and is projected to reach a revised size of US$ 682 million by 2031, growing at a CAGR of 6.7% during the forecast period.
Industrial and service robots are two broad categories of robots that have different applications and characteristics. According to the International Federation of Robotics, industrial robots are robots 鈥渇or use in industrial automation applications鈥�, while a service robot 鈥減erforms useful tasks for people or equipment, excluding industrial automation applications鈥�. Industrial robots are typically used for manufacturing or assembly tasks that require precision, consistency, speed, or safety. Service robots are more diverse and can be used for personal or professional purposes, such as healthcare, hospitality, logistics, military, or entertainment. Industrial robots are usually fixed in one place and programmed to do one or a few specific actions, while service robots are often more mobile and flexible and can interact with humans or the environment.
The future market trends of industrial and service robots are influenced by various factors, such as technological advancements, cost reductions, labor shortages, environmental concerns, and customer demands. Some of the key trends that are expected to shape the robotics industry in the coming years are:
Increased adoption of collaborative robots (cobots) that can work alongside humans in various settings, such as factories, warehouses, hospitals, or homes. Cobots are designed to be safe, easy to use, and adaptable to different tasks and environments.
Integration of artificial intelligence (AI) and cloud computing with robotics to enhance the capabilities, performance, and efficiency of robots. AI can enable robots to learn from data, optimize their actions, and communicate with other robots or humans. Cloud computing can provide robots with access to large amounts of information, resources, and services, as well as enable remote monitoring and control of robots.
Development of new applications and markets for robotics, especially in the service sector, where robots can provide various benefits, such as convenience, quality, safety, or entertainment. For example, robots can be used for delivery, cleaning, education, entertainment, or personal assistance.
Growth of robotics as a service (RaaS) business model, where customers can rent or lease robots instead of buying them. This can lower the upfront costs and risks of investing in robots, as well as provide customers with more flexibility, scalability, and customization options. RaaS can also create new revenue streams and opportunities for robot manufacturers, service providers, and integrators.
Increased demand for robots in emerging markets, such as China, India, Brazil, or Southeast Asia, where there is a need for automation, productivity, and quality improvement in various industries, such as automotive, electronics, food and beverage, or textiles. These markets also have large and growing populations, urbanization, and middle-class consumers, who can drive the demand for service robots, such as personal or household robots.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Industrial and Service Robot, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Industrial and Service Robot.
The Industrial and Service Robot market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Industrial and Service Robot market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Industrial and Service Robot manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Ourglass Pte Ltd
Savioke Inc.
Kurve Automation Pte Ltd
Techmetics Robotics
ABB Ltd
Daifuku Co. Ltd
Nachi Robotic Systems Inc.
Eureka Robotics
Delta Electronics Inc.
by Type
Industrial Robot
Hotel and Restaurant Robot
by Application
Factory
Hotel and Restaurant
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Industrial and Service Robot manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Industrial and Service Robot by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Industrial and Service Robot in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
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1 Industrial and Service Robot Market Overview
1.1 Product Definition
1.2 Industrial and Service Robot by Type
1.2.1 Global Industrial and Service Robot Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Industrial Robot
1.2.3 Hotel and Restaurant Robot
1.3 Industrial and Service Robot by Application
1.3.1 Global Industrial and Service Robot Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Factory
1.3.3 Hotel and Restaurant
1.4 Global Market Growth Prospects
1.4.1 Global Industrial and Service Robot Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Industrial and Service Robot Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Industrial and Service Robot Production Estimates and Forecasts (2020-2031)
1.4.4 Global Industrial and Service Robot Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Industrial and Service Robot Production Market Share by Manufacturers (2020-2025)
2.2 Global Industrial and Service Robot Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Industrial and Service Robot, Industry Ranking, 2023 VS 2024
2.4 Global Industrial and Service Robot Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Industrial and Service Robot Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Industrial and Service Robot, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Industrial and Service Robot, Product Offered and Application
2.8 Global Key Manufacturers of Industrial and Service Robot, Date of Enter into This Industry
2.9 Industrial and Service Robot Market Competitive Situation and Trends
2.9.1 Industrial and Service Robot Market Concentration Rate
2.9.2 Global 5 and 10 Largest Industrial and Service Robot Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Industrial and Service Robot Production by Region
3.1 Global Industrial and Service Robot Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Industrial and Service Robot Production Value by Region (2020-2031)
3.2.1 Global Industrial and Service Robot Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Industrial and Service Robot by Region (2026-2031)
3.3 Global Industrial and Service Robot Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Industrial and Service Robot Production Volume by Region (2020-2031)
3.4.1 Global Industrial and Service Robot Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Industrial and Service Robot by Region (2026-2031)
3.5 Global Industrial and Service Robot Market Price Analysis by Region (2020-2025)
3.6 Global Industrial and Service Robot Production and Value, Year-over-Year Growth
3.6.1 North America Industrial and Service Robot Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Industrial and Service Robot Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Industrial and Service Robot Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Industrial and Service Robot Production Value Estimates and Forecasts (2020-2031)
4 Industrial and Service Robot Consumption by Region
4.1 Global Industrial and Service Robot Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Industrial and Service Robot Consumption by Region (2020-2031)
4.2.1 Global Industrial and Service Robot Consumption by Region (2020-2025)
4.2.2 Global Industrial and Service Robot Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Industrial and Service Robot Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Industrial and Service Robot Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Industrial and Service Robot Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Industrial and Service Robot Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Netherlands
4.5 Asia Pacific
4.5.1 Asia Pacific Industrial and Service Robot Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Industrial and Service Robot Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Industrial and Service Robot Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Industrial and Service Robot Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Industrial and Service Robot Production by Type (2020-2031)
5.1.1 Global Industrial and Service Robot Production by Type (2020-2025)
5.1.2 Global Industrial and Service Robot Production by Type (2026-2031)
5.1.3 Global Industrial and Service Robot Production Market Share by Type (2020-2031)
5.2 Global Industrial and Service Robot Production Value by Type (2020-2031)
5.2.1 Global Industrial and Service Robot Production Value by Type (2020-2025)
5.2.2 Global Industrial and Service Robot Production Value by Type (2026-2031)
5.2.3 Global Industrial and Service Robot Production Value Market Share by Type (2020-2031)
5.3 Global Industrial and Service Robot Price by Type (2020-2031)
6 Segment by Application
6.1 Global Industrial and Service Robot Production by Application (2020-2031)
6.1.1 Global Industrial and Service Robot Production by Application (2020-2025)
6.1.2 Global Industrial and Service Robot Production by Application (2026-2031)
6.1.3 Global Industrial and Service Robot Production Market Share by Application (2020-2031)
6.2 Global Industrial and Service Robot Production Value by Application (2020-2031)
6.2.1 Global Industrial and Service Robot Production Value by Application (2020-2025)
6.2.2 Global Industrial and Service Robot Production Value by Application (2026-2031)
6.2.3 Global Industrial and Service Robot Production Value Market Share by Application (2020-2031)
6.3 Global Industrial and Service Robot Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Ourglass Pte Ltd
7.1.1 Ourglass Pte Ltd Industrial and Service Robot Company Information
7.1.2 Ourglass Pte Ltd Industrial and Service Robot Product Portfolio
7.1.3 Ourglass Pte Ltd Industrial and Service Robot Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Ourglass Pte Ltd Main Business and Markets Served
7.1.5 Ourglass Pte Ltd Recent Developments/Updates
7.2 Savioke Inc.
7.2.1 Savioke Inc. Industrial and Service Robot Company Information
7.2.2 Savioke Inc. Industrial and Service Robot Product Portfolio
7.2.3 Savioke Inc. Industrial and Service Robot Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Savioke Inc. Main Business and Markets Served
7.2.5 Savioke Inc. Recent Developments/Updates
7.3 Kurve Automation Pte Ltd
7.3.1 Kurve Automation Pte Ltd Industrial and Service Robot Company Information
7.3.2 Kurve Automation Pte Ltd Industrial and Service Robot Product Portfolio
7.3.3 Kurve Automation Pte Ltd Industrial and Service Robot Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Kurve Automation Pte Ltd Main Business and Markets Served
7.3.5 Kurve Automation Pte Ltd Recent Developments/Updates
7.4 Techmetics Robotics
7.4.1 Techmetics Robotics Industrial and Service Robot Company Information
7.4.2 Techmetics Robotics Industrial and Service Robot Product Portfolio
7.4.3 Techmetics Robotics Industrial and Service Robot Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Techmetics Robotics Main Business and Markets Served
7.4.5 Techmetics Robotics Recent Developments/Updates
7.5 ABB Ltd
7.5.1 ABB Ltd Industrial and Service Robot Company Information
7.5.2 ABB Ltd Industrial and Service Robot Product Portfolio
7.5.3 ABB Ltd Industrial and Service Robot Production, Value, Price and Gross Margin (2020-2025)
7.5.4 ABB Ltd Main Business and Markets Served
7.5.5 ABB Ltd Recent Developments/Updates
7.6 Daifuku Co. Ltd
7.6.1 Daifuku Co. Ltd Industrial and Service Robot Company Information
7.6.2 Daifuku Co. Ltd Industrial and Service Robot Product Portfolio
7.6.3 Daifuku Co. Ltd Industrial and Service Robot Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Daifuku Co. Ltd Main Business and Markets Served
7.6.5 Daifuku Co. Ltd Recent Developments/Updates
7.7 Nachi Robotic Systems Inc.
7.7.1 Nachi Robotic Systems Inc. Industrial and Service Robot Company Information
7.7.2 Nachi Robotic Systems Inc. Industrial and Service Robot Product Portfolio
7.7.3 Nachi Robotic Systems Inc. Industrial and Service Robot Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Nachi Robotic Systems Inc. Main Business and Markets Served
7.7.5 Nachi Robotic Systems Inc. Recent Developments/Updates
7.8 Eureka Robotics
7.8.1 Eureka Robotics Industrial and Service Robot Company Information
7.8.2 Eureka Robotics Industrial and Service Robot Product Portfolio
7.8.3 Eureka Robotics Industrial and Service Robot Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Eureka Robotics Main Business and Markets Served
7.8.5 Eureka Robotics Recent Developments/Updates
7.9 Delta Electronics Inc.
7.9.1 Delta Electronics Inc. Industrial and Service Robot Company Information
7.9.2 Delta Electronics Inc. Industrial and Service Robot Product Portfolio
7.9.3 Delta Electronics Inc. Industrial and Service Robot Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Delta Electronics Inc. Main Business and Markets Served
7.9.5 Delta Electronics Inc. Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Industrial and Service Robot Industry Chain Analysis
8.2 Industrial and Service Robot Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Industrial and Service Robot Production Mode & Process Analysis
8.4 Industrial and Service Robot Sales and Marketing
8.4.1 Industrial and Service Robot Sales Channels
8.4.2 Industrial and Service Robot Distributors
8.5 Industrial and Service Robot Customer Analysis
9 Industrial and Service Robot Market Dynamics
9.1 Industrial and Service Robot Industry Trends
9.2 Industrial and Service Robot Market Drivers
9.3 Industrial and Service Robot Market Challenges
9.4 Industrial and Service Robot Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Ourglass Pte Ltd
Savioke Inc.
Kurve Automation Pte Ltd
Techmetics Robotics
ABB Ltd
Daifuku Co. Ltd
Nachi Robotic Systems Inc.
Eureka Robotics
Delta Electronics Inc.
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*If Applicable.