Report ID : 1305455 | Published : May 2025 | Study Period : 2023-2033 | Format : PDF + Excel
The market size of the Commercial Use Robots Industry is categorized based on Service Robots (Cleaning Robots, Delivery Robots, Security Robots, Inspection Robots, Telepresence Robots) and Industrial Robots (Assembly Robots, Welding Robots, Painting Robots, Packaging Robots, Material Handling Robots) and Collaborative Robots (Cobots) (Lightweight Cobots, Heavy-duty Cobots, Mobile Cobots, Specialized Cobots, Modular Cobots) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
In 2023, the size of the Commercial Use Robots Industry was valued at $12 billion and is anticipated to reach $60 billion by 2033, expanding at a 17.5% CAGR between 2024 and 2033. The report encompasses multiple segments and provides an analysis of significant trends and factors impacting the market.
The advancement technology coupled with the rise of automation requirements has acted as a catalyst in boosting the growth of Commercial Use Robots. As a result, all industries are integrating robotic solutions in order to increase their efficiency which is necessary for achieving business goals. There is a significant increase in the use of robotics in various fields such as logistics, healthcare, and manufacturing for the purpose of service enhancement and improving the performance.
When considering the relative dynamics of any rapidly evolving market, it is apparent that innovation complements and in fact accelerates the growth of the industry. With the immense improvements in artificial intelligence, machine learning, sensors and other technologies more intelligent and versatile robotics systems can now be manufactured. These improvements allow for commercial grade robots to be used in a multitude of tasks across various sectors and in effect revolutionizing daily tasks and the businesses associated with them.
This report provides in-depth insight on the Commercial Use Robots Market, assessing key trends, determining growth factors as well as competitive environment in accordance to the conditions of the industry. Through a detailed understanding of market dynamics companies can better optimize the opportunity robotic automation offers and avoid the intricacies seamless automation of tasks can potentially bring.
ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2023-2033 |
BASE YEAR | 2023 |
FORECAST PERIOD | 2024-2033 |
HISTORICAL PERIOD | 2023-2024 |
UNIT | VALUE (USD BILLION) |
KEY COMPANIES PROFILED | ABB Ltd., KUKA AG, FANUC Corporation, Yaskawa Electric Corporation, iRobot Corporation, Intuitive Surgical Inc., Boston Dynamics, Universal Robots, Adept Technology Inc., Cyberdyne Inc., Omron Corporation |
SEGMENTS COVERED |
By Service Robots - Cleaning Robots, Delivery Robots, Security Robots, Inspection Robots, Telepresence Robots By Industrial Robots - Assembly Robots, Welding Robots, Painting Robots, Packaging Robots, Material Handling Robots By Collaborative Robots (Cobots) - Lightweight Cobots, Heavy-duty Cobots, Mobile Cobots, Specialized Cobots, Modular Cobots By Geography - North America, Europe, APAC, Middle East Asia & Rest of World. |
The Commercial Use Robots Industry is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.
This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.
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