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.
For more information on the data displayed, use the info button right next to the box.
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: Dec 2024
SOURCE: Statista Market 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 Service Robotics market in Kenya has been witnessing significant growth, driven by factors such as increasing adoption of advanced technologies, rising demand for efficient healthcare services, and the convenience offered by online service robotics. However, the market growth rate remains subdued due to challenges such as high initial investment costs and limited awareness among consumers.
Customer preferences: The rise of automation and self-service in Kenya has led to a growing demand for service robots in various industries, such as healthcare, retail, and hospitality. This trend is driven by the need for efficient and contactless solutions in the wake of the COVID-19 pandemic. Additionally, the country's young and tech-savvy population is increasingly embracing digital solutions, leading to a rise in the adoption of service robots for tasks such as customer service and delivery.
Trends in the market: In Kenya, there is a growing demand for service robotics in industries such as healthcare, agriculture, and logistics. This trend is driven by the need for increased efficiency, cost savings, and improved safety. The trajectory of this trend is expected to continue upwards, with the government's support for technology adoption and the country's growing economy. This trend is significant for industry stakeholders as it presents opportunities for growth and innovation. It also has potential implications for job displacement and the need for upskilling and reskilling of the workforce to adapt to the changing landscape of work.
Local special circumstances: In Kenya, the Service robotics market is experiencing significant growth due to the country's focus on technological advancements and its thriving tourism industry. Additionally, the government has implemented policies to encourage the adoption of robotics in various industries, such as agriculture and healthcare. The market is also influenced by the country's diverse culture and varying regional needs, leading to the development of customized robotics solutions. These factors make Kenya a unique market for service robotics, with a growing demand for efficient and cost-effective automation solutions.
Underlying macroeconomic factors: The Service robotics Market within the Robotics Market in Kenya is affected by macroeconomic factors such as the country's economic growth, government policies, and investment in technological advancements. Kenya's strong economic growth and government initiatives to promote automation and digitalization are driving the demand for service robots. Additionally, the country's growing healthcare sector and increasing focus on improving efficiency and productivity are also contributing to the growth of the service robotics market. However, the market could face challenges due to limited access to financing and a lack of skilled labor in the field of robotics.
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: Jan 2025
SOURCE: Statista Market Insights
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