Skip to main content
  1. Market Insights
  2. Technology
  3. Robotics
  4. Service Robotics

Commercial Service Robotics - Ghana

Ghana
  • Revenue in the Commercial Service Robotics market is projected to reach US$2.37m in 2024.
  • Other service robotics dominates the market with a projected market volume of US$1.31m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 8.14%, resulting in a market volume of US$3.50m 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
Robotics: market data & analysis - Cover

Market Insights report

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

    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

    Key Players

    Most recent update: Mar 2024

    Source: Statista Company Insights

    Analyst Opinion

    The Commercial service robotics market in Ghana has been steadily growing, driven by factors such as increasing adoption of digital technologies, rising demand for efficient and automated services, and the convenience offered by robotics in various industries. Despite a minimal decline in growth rate, the market is expected to continue expanding due to the emergence of new applications and advancements in technology.

    Customer preferences:
    The demand for advanced and efficient commercial service robotics is on the rise in Ghana, as businesses seek to streamline their operations and increase productivity. This trend is driven by the country's growing economy and the need for cost-effective solutions in various industries. Additionally, there is a growing interest in service robots that can cater to specific cultural needs and preferences, such as language and communication styles. This highlights the importance of cultural nuances in the development and adoption of service robotics in the Ghanaian market.

    Trends in the market:
    In Ghana, there is a growing demand for commercial service robotics, particularly in industries such as agriculture, healthcare, and logistics. This trend is driven by the need for increased efficiency and productivity, as well as the shortage of skilled labor in these sectors. In the global market, there is a shift towards collaborative robots, also known as cobots, which can work alongside humans and perform repetitive tasks. This trend is expected to continue as companies seek to automate processes and reduce costs. Additionally, there is a growing focus on developing service robots with advanced capabilities such as artificial intelligence and machine learning, which can adapt to different environments and perform complex tasks. This presents opportunities for industry stakeholders to invest in research and development and stay competitive in the market.

    Local special circumstances:
    In Ghana, the Commercial service robotics Market of the Service robotics Market within the Robotics Market is still in its early stages. However, the government's initiatives to promote industrial automation and the country's growing manufacturing sector are driving the demand for service robots. Additionally, the cultural emphasis on community and family support may lead to the adoption of social robots for eldercare. However, the lack of established regulations and infrastructure may pose challenges for market growth in the country.

    Underlying macroeconomic factors:
    The Commercial service robotics Market within the Robotics Market is heavily influenced by macroeconomic factors such as technological advancements, government policies, and investment in research and development. Countries with strong economic growth and supportive policies for the adoption of service robotics, such as tax incentives and subsidies, are experiencing rapid market growth. Additionally, the increasing need for efficiency and cost reduction in industries such as manufacturing, healthcare, and logistics is driving the demand for service robotics, especially in emerging economies with growing industrial sectors.

    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.

    Technology

    Access more Market Insights on Technology topics with our featured report

    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

    Explore more high-quality data on related topic

    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.
    More data on the topic

    Contact

    Get in touch with us. We are happy to help.