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 Slovenia is experiencing minimal growth, influenced by factors such as the slow adoption of digital technologies, lack of awareness among consumers, and limited convenience offered by online services. This is particularly evident in sub-markets such as Agriculture, Logistics, Medical, and Other service robotics. These sub-markets face unique challenges, such as high costs and limited regulations, which hinder their growth potential. However, with increasing government initiatives and investments, the market is expected to see gradual growth in the coming years.
Customer preferences: There has been a noticeable increase in the use of service robotics in commercial settings in Slovenia, driven by the need for automation and efficiency in various industries. This trend is further fueled by the country's aging population and the growing demand for assisted living solutions. Additionally, there is a growing preference for robots with advanced capabilities, such as artificial intelligence and machine learning, to handle complex tasks and adapt to changing environments. This shift towards more sophisticated service robotics is expected to continue, as businesses and consumers alike seek innovative solutions to improve productivity and quality of life.
Trends in the market: In Slovenia, the Commercial service robotics market is experiencing a surge in demand for automated solutions in various industries, such as manufacturing, healthcare, and logistics. With the increasing adoption of Industry 4.0 technologies, there is a growing trend of incorporating collaborative robots (cobots) in production processes. This trend is expected to continue, with the market projected to witness significant growth in the coming years. This shift towards automation not only improves efficiency and productivity but also reduces labor costs and improves workplace safety. Furthermore, the rising demand for personalized and on-demand services is driving the development of service robots, such as delivery robots and cleaning robots, in the country. This trend is expected to continue, with the potential to transform the service industry and create new business opportunities for industry stakeholders.
Local special circumstances: In Slovenia, the Commercial service robotics Market of the Service robotics Market within the Robotics Market is driven by the country's strong manufacturing and automotive industries. The government's support for innovation and technology also plays a significant role in the growth of this market. Additionally, Slovenia's strategic location in Europe makes it a desirable hub for companies looking to expand their operations. However, the high cost of labor and strict regulations on foreign workers may pose challenges for businesses entering this market.
Underlying macroeconomic factors: The Commercial service robotics Market within the Robotics Market is also affected by macroeconomic factors such as technological advancements, government support, and investment in automation infrastructure. Countries with favorable regulatory environments and strong investment in automation technologies are experiencing faster market growth compared to regions with regulatory challenges and limited funding. Additionally, the increasing demand for efficient and cost-effective solutions is driving the adoption of service robotics in various industries, such as healthcare, retail, and logistics, contributing to the overall growth of the market.
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