Service Robotics Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Service Robotics Market is segmented By Type (Professional Service Robots (Medical Robots, Logistics Robots, Field Robots, Defense, Rescue, and Security Robots, Construction Robots, Others), Personal Service Robots (Domestic Robots, Entertainment and Leisure Robots, Education and Personal Robots)), By Application (Industrial/Commercial (Medical, Construction & Demolition, Defense, Agriculture & Forestry, Transportation & Logistics, Others (e.g., Retail, Public Relations), Domestic), By Environment (Ground, Aerial, Marine), By Component (Hardware, Airframe, Sensors, Cameras, Actuators, Power Supply, Control Systems, Navigation Systems, Propulsion Systems, Software), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa). The report offers the value (in USD billion) for the above-mentioned.

Service Robotics Market is segmented By Type (Professional Service Robots (Medical Robots, Logistics Robots, Field Robots, Defense, Rescue, and Securi....

Service Robotics Market Size

Market Size in USD

CAGR15.1%

Study Period	2024 - 2031
Base Year of Estimation	2023
CAGR	15.1%
Market Concentration	High
Major Players	iRobot Corporation, Intuitive Surgical Inc., Honda Motor Co., Ltd., Panasonic Corporation, Samsung Electronics Co., Ltd.

*Disclaimer: Major players are listed in no particular order.

*Source: Coherent Market Insights

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Service Robotics Market Analysis

The service robotics market is estimated to be valued at USD 54.51 Bn in 2024 and is expected to reach USD 145.85 Bn by 2031, growing at a compound annual growth rate (CAGR) of 15.1% from 2024 to 2031. Increased demand for service robots from industries such as healthcare, defense, logistics and inspection & maintenance is driving the growth of the service robotics market.

Service Robotics Market Report Snapshots

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