Commercial Service Robotics - Kazakhstan

Revenue in the Commercial Service Robotics market is projected to reach US$15.19m in 2024.
Medical service robotics dominates the market with a projected market volume of US$8.40m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 13.32%, resulting in a market volume of US$28.38m 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 Kazakhstan is experiencing slow growth, influenced by factors such as limited adoption of digital technologies, low health awareness among consumers, and lack of convenience in online services. This is evident in the subdued growth rate of the overall Service robotics Market, which comprises sub-markets such as Agriculture, Logistics, Medical, and Other Service Robotics.

Customer preferences: In Kazakhstan, there is a growing demand for commercial service robotics as businesses look for ways to improve efficiency and reduce labor costs. This is driven by a cultural focus on productivity and a desire for advanced technology solutions. Additionally, with an aging population, there is a greater need for robotic assistants in elder care facilities. Furthermore, the adoption of service robots in hospitality and retail industries is on the rise due to evolving consumer preferences for contactless and personalized experiences. These trends are expected to continue as Kazakhstan embraces the use of robotics in various sectors.

Trends in the market: In Kazakhstan, the Commercial service robotics Market is seeing a rise in the adoption of advanced automation technologies in various industries, such as manufacturing, healthcare, and retail. This trend is driven by the country's focus on modernizing its economy and increasing efficiency. With the increasing demand for service robots, the market is expected to witness significant growth in the coming years. This trend is significant for industry stakeholders as it presents opportunities for technology providers and businesses to tap into a growing market. However, it also poses challenges for traditional labor-intensive industries, which may need to adapt to stay competitive in the evolving landscape. Overall, the trajectory of this trend is towards increased adoption of service robotics, which has the potential to transform various industries and drive economic growth in Kazakhstan.

Local special circumstances: In Kazakhstan, the Commercial service robotics Market of the Service robotics Market within the Robotics Market is influenced by the country's strong oil and gas industry. With a high demand for automation and efficiency in this sector, there is a growing adoption of service robots in areas such as oil exploration and pipeline maintenance. Additionally, the country's large agriculture and mining industries are also driving the use of service robots for tasks such as crop monitoring and mining operations.

Underlying macroeconomic factors: The growth of the Commercial Service Robotics Market is also influenced by macroeconomic factors such as technological advancements, government policies promoting automation, and investment in research and development. Countries with strong economic growth and a favorable business environment are expected to have a higher demand for service robotics, as businesses seek to improve productivity and efficiency. Furthermore, the increasing adoption of automation in various industries, such as manufacturing and healthcare, is driving the growth of the service robotics market in Kazakhstan.

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.