Definition:
The Service Robotics market presents the market size of robotics in service use cases, e.g., commercial service robots or consumer service robots. Service robots are intended for personal or professional use and are designed to assist humans in carrying out certain tasks.
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.
Structure :
The Commercial Service Robotics and Consumer Service Robotics markets can be found within the Service Robotics market. The Commercial Robotics market is further split into a range of service industries that have the highest adoption of robots. This includes agriculture service robotics, logistics service robotics, medical service robotics, and all other service industries, which are all covered by the Other Industry Robotics market.
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 robot. 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 iRobot.
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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
Most recent update: Mar 2024
Source: Statista Market Insights
Most recent update: Mar 2024
Source: Statista Market Insights
The service robotics market in Croatia is facing a negligible decline in growth rate, influenced by factors such as slow adoption of digital technologies and low awareness among consumers. However, the convenience offered by online health services is expected to drive market growth in the near future.
Customer preferences: With the rise of the service robotics market in Croatia, there has been a noticeable increase in demand for automated solutions in industries such as healthcare, hospitality, and agriculture. This can be attributed to a growing preference for efficiency and convenience, as well as the need for contactless options due to the COVID-19 pandemic. Additionally, the aging population in Croatia has also led to a greater demand for assistive robots to support independent living and provide personalized care for the elderly.
Trends in the market: In Croatia, the Service robotics Market within the Robotics Market is experiencing a shift towards automation and integration of advanced technologies, such as machine learning and artificial intelligence, in various industries. This trend is expected to continue in the coming years, with a focus on enhancing efficiency and reducing costs for businesses. Additionally, there is a growing demand for service robots in healthcare, agriculture, and manufacturing sectors, which is expected to drive market growth. As a result, industry stakeholders are investing in research and development to stay competitive and capitalize on the opportunities presented by this trend.
Local special circumstances: In Croatia, the Service robotics Market within the Robotics Market market is influenced by the country's strong focus on innovation and technology. The government has implemented various policies and initiatives to promote the use of robotics in various industries, including healthcare and manufacturing. Additionally, Croatia's strategic location and well-developed infrastructure make it an attractive market for international robotics companies. However, the market is also affected by cultural factors, such as the preference for human labor in certain industries and the need for localized solutions that cater to the unique needs of the Croatian market.
Underlying macroeconomic factors: The growth of the Service robotics market in Croatia is influenced by macroeconomic factors such as technological advancements, government support, and investment in industrial infrastructure. Countries with favorable regulatory environments and strong investment in robotics technologies are experiencing faster market growth compared to regions with regulatory challenges and limited funding. Furthermore, the increasing demand for automation and efficiency in various industries, along with the aging population and rising labor costs, are driving the adoption of service robotics in Croatia and globally.
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