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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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
Most recent update: Mar 2024
Source: Statista Market Insights
Most recent update: Mar 2024
Source: Statista Company Insights
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
The commercial service robotics market in Germany is facing a negligible decline in growth due to factors such as slow adoption of digital technologies, lack of awareness among consumers, and limited convenience offered by online services. This trend is seen across all sub-markets of agriculture, logistics, medical, and other service robotics, indicating a need for more targeted strategies to drive growth in this sector.
Customer preferences: As the demand for automation and efficiency increases, businesses in Germany are increasingly investing in commercial service robotics. This trend is driven by the need for cost-effective and reliable solutions, as well as the rising labor costs and shortage of skilled workers. Additionally, the growing emphasis on sustainability and eco-friendliness has led to the adoption of service robots for tasks such as waste management and recycling. This shift towards automation is also influenced by the aging population in Germany, as service robots can assist with tasks and improve the quality of life for seniors.
Trends in the market: In Germany, the Commercial service robotics Market of the Service robotics Market within the Robotics Market is experiencing a surge in demand for logistics and warehousing robots. This trend is driven by the increasing need for automation and efficiency in the logistics sector. Additionally, there is a growing focus on incorporating artificial intelligence and machine learning technologies into service robots, leading to more advanced and intelligent solutions. This trend is expected to continue in the future, providing opportunities for industry stakeholders to innovate and expand their offerings.
Local special circumstances: In Germany, the Commercial service robotics market is thriving due to the country's strong industrial sector and advanced manufacturing capabilities. The demand for automation and efficiency in industries such as automotive, healthcare, and logistics has fueled the growth of service robotics. Moreover, Germany's strict labor laws and high labor costs have made it increasingly attractive for companies to invest in service robotics solutions. Additionally, the country's focus on sustainability and environmental regulations has led to the adoption of eco-friendly service robots in various industries.
Underlying macroeconomic factors: The Commercial service robotics Market of the Service robotics Market within the Robotics Market is influenced by macroeconomic factors such as technological advancements, government support, and investment in industrial automation. Countries with favorable regulatory environments and strong investments in service robotics are experiencing faster market growth compared to regions with regulatory challenges and limited funding for automation. Additionally, the increasing demand for efficiency and productivity in industries such as manufacturing, healthcare, and logistics is driving the adoption of service robotics solutions, especially in countries with a robust industrial sector and skilled workforce.
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Aug 2024
Source: Statista Market Insights
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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights