Commercial Service Robotics - D-A-CH

Revenue in the Commercial Service Robotics market is projected to reach US$2.74bn in 2024.
Medical service robotics dominates the market with a projected market volume of US$2.09bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 8.39%, resulting in a market volume of US$4.10bn 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.

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

Consumer Service Robotics

The Commercial service robotics market in D-A-CH is facing a negligible decline due to factors such as slow adoption of digital technologies, limited health awareness among consumers, and challenges in providing convenient online services. This is evident across various sub-markets within the Service robotics market, including Agriculture, Logistics, Medical, and Other Service Robotics.

Customer preferences: In D-A-CH, the Commercial service robotics Market of the Service robotics Market within the Robotics Market is experiencing a growing demand for automated solutions in industries such as manufacturing, logistics, and healthcare. This is due to the increasing need for efficiency and cost-effectiveness, as well as the aging population and shortage of skilled labor in the region. Additionally, there is a growing interest in the use of robotics for tasks that require precise and repetitive movements, such as surgeries and assembly line operations. This trend is expected to continue as companies increasingly prioritize automation and digitalization to stay competitive in the market.

Trends in the market: In the D-A-CH region, the Commercial service robotics Market of the Service robotics Market within the Robotics Market is experiencing a surge in demand for autonomous delivery robots. This is driven by the increasing adoption of e-commerce and the need for efficient and contactless delivery methods. Additionally, there is a growing trend towards using service robots in retail stores to enhance customer experience and reduce labor costs. These trends are expected to continue, with potential implications for industry stakeholders including increased competition and the need for improved technology and regulatory frameworks.

Local special circumstances: In Germany, the Commercial Service Robotics Market is heavily influenced by the country's strong manufacturing industry and government initiatives promoting automation and digitalization. Additionally, the German culture places a high value on efficiency and precision, leading to a demand for advanced and specialized service robotics solutions. The strict regulations and safety standards in the D-A-CH region also contribute to the development of high-quality and reliable service robotics products.

Underlying macroeconomic factors: The growth of the Commercial service robotics market is heavily impacted by macroeconomic factors such as technological advancements, government policies, and investment in industrial automation. Countries with advanced technological infrastructure and supportive government policies are experiencing rapid market growth compared to regions with limited technological capabilities and regulatory challenges. The increasing demand for efficient and cost-effective solutions in industries such as manufacturing, logistics, and healthcare is also driving the adoption of service robotics, fueling market growth in the D-A-CH region.

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.

This report presents a comprehensive analysis and additional information on the Technology market, in a PDF format.

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.