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Commercial Service Robotics - Czechia

Czechia
  • Revenue in the Commercial Service Robotics market is projected to reach US$83.71m in 2024.
  • Medical service robotics dominates the market with a projected market volume of US$40.17m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 16.18%, resulting in a market volume of US$177.20m by 2029.
  • In global comparison, most revenue will be generated United States (US$4.99bn in 2024).

Definition:

The Commercial Service Robotics market presents the market size of service robotics in commercial use cases, e.g., medical robots, logistic robots, and agriculture robots.

A robot is defined as a powered machine that is programmable on two or more axes and has some degree of autonomy; it moves within its environment to perform its programmed tasks.

Additional information:

The market comprises revenues, volume, and the average price per new installed robot. The market displays both B2B and B2C revenues, and the revenue is based on the country’s demand for robots. It is shown in manufacturer prices. Software revenues are included as service robots are mostly delivered with software solutions that have been implemented by the manufacturer.

Key players in the market include Intuitive Surgical, ABB, and Agrobot.

For more information on the data displayed, use the info button right next to the box.

In-Scope

  • Medical Service Robotics
  • Logistic Services Robotics
  • Agriculture Service Robotics
  • Other Service Robotics

Out-Of-Scope

  • Consumer Service Robotics
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Robotics: market data & analysis

Study Details

    Revenue

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Aug 2024

    Source: Statista Market Insights

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Aug 2024

    Source: Statista Market Insights

    Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.

    Most recent update: Mar 2024

    Key Players

    Most recent update: Mar 2024

    Source: Statista Market Insights

    Most recent update: Mar 2024

    Source: Statista Company Insights

    Volume

    Most recent update: Aug 2024

    Source: Statista Market Insights

    Price

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Aug 2024

    Source: Statista Market Insights

    Analyst Opinion

    The Commercial Service Robotics market in Czechia is experiencing negligible growth, influenced by factors such as slow adoption of digital technologies, lack of awareness among consumers, and limited convenience offered by online services. The market is segmented into sub-markets, each facing its own challenges, further impacting the overall growth rate.

    Customer preferences:
    As consumers become more environmentally conscious, there is a growing demand for service robotics in the commercial sector to improve sustainability and reduce carbon emissions. This trend is particularly prominent in the hospitality and retail industries, where robotic solutions are being utilized for tasks such as waste management and energy efficiency. Additionally, the aging population in Czechia is driving the need for service robotics in healthcare and assisted living facilities, with a focus on improving the quality of life for seniors.

    Trends in the market:
    In Czechia, the Commercial service robotics Market within the Service robotics Market is experiencing a growing demand for automation in industries such as manufacturing, healthcare, and logistics. This trend is driven by the need for increased efficiency, cost reduction, and improved safety. Additionally, there is a rising interest in collaborative robots, also known as cobots, which can work alongside humans and enhance productivity. These trends are significant for industry stakeholders as they offer opportunities for growth and innovation. However, they also pose challenges such as the need for proper training and integration of robots into existing workflows. The trajectory of these trends is expected to continue upward, with the potential to revolutionize the way businesses operate and compete in the market.

    Local special circumstances:
    In Czechia, the Commercial service robotics Market of the Service robotics Market within the Robotics Market is influenced by the country's strong manufacturing sector and advanced technology infrastructure. Additionally, the government's support for innovation and investment in research and development has created a favorable environment for the growth of the service robotics market. The country's strategic location and open trade policies have also contributed to the market's expansion, attracting international players to set up operations in Czechia.

    Underlying macroeconomic factors:
    The Commercial service robotics Market in Czechia is heavily influenced by macroeconomic factors such as technological advancements, government support, and investment in research and development. Countries with favorable regulatory environments and strong investment in robotics technology are experiencing faster market growth compared to regions with regulatory challenges and limited funding for research and development. Additionally, the increasing demand for automation and efficiency in various industries is driving the adoption of service robotics, especially in the commercial sector. The growth of the service robotics market in Czechia is also supported by the country's stable economic health and fiscal policies that encourage innovation and investment in emerging technologies.

    Global Comparison

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Aug 2024

    Source: Statista Market Insights

    Methodology

    Data coverage:

    The data encompasses B2B and B2C revenues. Figures are based on the country’s demand for robotics in manufacturer prices.

    Modeling approach / Market size:

    Market sizes are determined through a regional bottom-up approach, and further detailed by a top-down rationale for each market segment. As a basis for evaluating markets, we use trade data of the respective economic sector. Furthermore, we use relevant key market indicators such as level of automation and digitization or the economy composition to estimate each country's specialization in demand and supply. This data helps us to estimate the market size for each country individually.

    Forecasts:

    In our forecasts, we apply diverse forecasting techniques but primarly exponential smoothing. The selection of forecasting techniques is based on the behavior of the relevant market.

    Additional notes:

    The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.

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    Robotics: market data & analysis - BackgroundRobotics: market data & analysis - Cover

    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

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    Industrial robots worldwide - statistics & facts

    Despite the frightening, almost Terminator-esque, way the phrase “there are robots everywhere” might sound, the increased use of robotics has been a boon to both consumers and enterprises worldwide. The industrial robot market has seen steady growth across the globe and is expected to continue growing as automation becomes ever more vital to businesses. This stems largely from mechanical automation, reducing production costs and improving efficiency. This increased demand due to greater automation, especially in the United States and Europe, is likely to mean that the price increase per robot unit will remain modest.
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