Service Robotics - New Zealand

New Zealand

Revenue in the Service Robotics market is projected to reach US$64.11m in 2025.
Commercial service robotics dominates the market with a projected market volume of US$34.06m in 2025.
Revenue is expected to show an annual growth rate (CAGR 2025-2029) of 11.33%, resulting in a market volume of US$98.49m by 2029.
In global comparison, most revenue will be generated in the United States (US$9,683.00m in 2025).

Key regions: France, United Kingdom, United States, Canada, South Korea

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Analyst Opinion

The Robotics market in New Zealand, specifically the Service Robotics segment, is experiencing minimal growth due to factors such as limited adoption of digital technologies, low health awareness among consumers, and the lack of convenience offered by online health services. This is particularly evident in the sub-markets of Commercial and Consumer service robotics, where the market growth is impacted by the slow adoption of advanced technologies and the limited availability of skilled labor.

Customer preferences: As New Zealand's population continues to age, there is a growing demand for service robotics in the healthcare sector. This trend is fueled by the need for efficient and cost-effective solutions to assist in elder care and home healthcare services. Furthermore, the country's diverse cultural landscape has led to a rise in the use of culturally appropriate service robots, such as language translation robots, to cater to the needs of non-English speaking individuals.

Trends in the market: In New Zealand, the Service robotics market is seeing a rise in the adoption of collaborative robots, which can work alongside humans and perform tasks that are repetitive or hazardous. This trend is driven by the need for increased efficiency and safety in industries such as manufacturing, healthcare, and logistics. With the country's aging population, there is also a growing demand for service robots in eldercare and home assistance. These developments have significant implications for industry stakeholders, as they provide opportunities for cost savings, improved productivity, and better quality of life for individuals. Additionally, the rise of service robotics is expected to create new jobs and require upskilling of the workforce to operate and maintain these advanced machines.

Local special circumstances: In New Zealand, the Service robotics Market within the Robotics Market is influenced by the country's small but highly advanced economy. The government's focus on innovation and technology has led to a strong demand for service robots in various industries, including healthcare and agriculture. Additionally, the country's remote location and rugged terrain make it an ideal market for robots that can assist with tasks in hard-to-reach areas. Furthermore, the country's strict regulatory environment ensures that only high-quality and safe robotic products are available in the market.

Underlying macroeconomic factors: The Service robotics Market within the Robotics Market in New Zealand is influenced by macroeconomic factors such as technological advancements, government support, and investment in infrastructure. As a developed nation with a stable economy and favorable regulatory environment, New Zealand is experiencing significant growth in the service robotics market. Furthermore, the country's aging population and increasing demand for automation in various industries are driving the adoption of service robotics, leading to a positive market outlook.

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.