Global Robots for Commercial Service Market Size, Share & Trend Analysis By Environment, By Type, By Application, Regional Outlook, Competitive Tactics, and Segment Forecast to 2031

The global Robots for Commercial Service market size was valued at $21.02 billion in 2020, and is projected to reach $110.7 billion by 2030, growing at a CAGR of 22.6% from 2021 to 2030.

Global Robots for Commercial Service Market: Breakup by Region, 2022 & 2031

Source: Primary Research and Secondary Research Analysis

Robots for commercial service refer to autonomous machines designed and programmed to perform various tasks in service industries such as retail, hospitality, healthcare, and more. These robots are equipped with various sensors, cameras, and artificial intelligence technologies that enable them to perform a wide range of tasks, such as customer service, cleaning, delivery, and even medical procedures. Robots for commercial service are becoming increasingly popular due to their ability to enhance service quality, increase efficiency, and reduce costs. They are also seen as a solution to the growing demand for automation and the need to minimize human contact in the wake of the COVID-19 pandemic.

Commercial robotics have increased widespread acceptance in a variation of professional and personal applications owing to benefits such as delivery of precise and high-quality services that decreased operating expenses & human mistakes and improved usability & dependability. Besides, owing to rise in labor costs and scarcity of trained workers, numerous companies have adopted robotic technology to overcome human error operations and enhance productivity. Additionally, development in awareness regarding the benefits of robots, rise in R&D investments, and surge in demand for automation in personal & professional sector has increased the demand for service robots. Though, factors such as upsurge in raw material and semiconductor chips prices have negatively impacted the marketplace development. Also, high initial investment and high maintenance cost has also restrained the commercial robotics marketplace development.

One of the main drivers of this market is the growing demand for automation in various commercial service sectors such as retail, healthcare, and hospitality. Robots can be programmed to perform a wide range of tasks, from providing customer service and support to performing complex medical procedures. This has the potential to improve service quality, reduce costs, and increase efficiency.

Another key driver of the robots for commercial service market is the increasing use of artificial intelligence (AI) and machine learning technologies. These technologies enable robots to learn and adapt to their surroundings, making them more effective at performing tasks and improving overall performance. As a result, more and more businesses are investing in AI-powered robots to enhance their service offerings and stay competitive in today's market.

Market Segmentation:

Market Breakup By Environment

Marine

Aerial

Ground

Market Breakup By Type

Professional

Personal

Market Breakup By Application

Domestic

Industrial/Commercial

Regional Analysis

The industrial robotics market is classified into North America, Europe, Asia pacific, and the rest of the world. The Asia-pacific region holds a huge number of shares in the market because of the increasing labour costs in APAC, which requires manufacturers to automate their manufacturing processes to maintain a cost advantage. Automation in APAC countries will soon raise due to low production costs, easy availability of economic labour, moderate emissions, safety standards, and government initiatives for foreign direct investment (FDI), which will boost the market growth of the commercial robotics marketplace.

Market Breakup By Region

North America

Europe

Asia Pacific

Latin America

Middle East and Africa

Competitive Landscape

The Commercial Service market is fragmented, with many players serving the market. The crucial marketing strategies adopted by the players are new and advanced product launches, collaborations, partnerships, and acquisitions to expand their customer reach.

Major players operating in the Robots for Commercial Service Market are:

Ricoh (Japan)

Honda Motor Co., Ltd. (Japan)

iRobot Corporation (U.S.)

KUKA AG (Germany)

Intuitive Surgical (U.S.)

Daifuku Co., Ltd. (Japan)

SoftBank Robotics Group Corp. (Japan)

Aethon (U.S.)

Boston Dynamics (U.S.)

Lely (Netherland)

Fetch Robotics, Inc. (U.S.)

GreyOrange (U.S.)

Geekplus Technology Co., Ltd. (China)

Youibot Robotics Co., Ltd. (China)

Global Robots for Commercial Service Market Research Report, 2020-2031.

Table of Contents

  1. 1. Introduction
    1. Report description
    2. Key market segments
    3. Regional Scope
    4. Executive Summary
  2. 2. Research Methodology
    1. Secondary Research
    2. Primary Research
    3. Secondary Analyst Tools and Models
  3. 3. Market Dynamics
    1. Market driver analysis
    2. Market restraint analysis
    3. Market Opportunity    
    4. Market Challenges
    5. Impact analysis of COVID-19 on the Robots for Commercial Service market
  4. 4. Market Variables and Outlook
    1. SWOT Analysis
      1. Strengths
      2. Weaknesses
      3. Opportunities
      4. Threats
    2. Supply Chain Analysis
    3. PESTEL Analysis
      1. Political Landscape
      2.  Economic Landscape
      3. Social Landscape
      4. Technological Landscape
      5. Environmental Landscape
      6. Legal Landscape
    4. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitute
      4. Threat of New Entrant
      5. Competitive Rivalry
  5. 5. Robots for Commercial Service Market: Environment Estimates & Trend Analysis
    1. Robots for Commercial Service   Market value share and forecast, (2020 to 2031)
    2. Incremental Growth Analysis and Infographic Presentation
      1. Marine
        1. Market Size & Forecast, 2020-2031
      2. Aerial
        1. Market Size & Forecast, 2020-2031
      3. Ground
        1. Market Size & Forecast, 2020-2031
  6. 6. Robots for Commercial Service Market: Type Estimates & Trend Analysis
    1. Robots for Commercial Service   Market value share and forecast, (2020 to 2031)
    2. Incremental Growth Analysis and Infographic Presentation
      1. Professional
        1. Market Size & Forecast, 2020-2031
      2. Personal
        1. Market Size & Forecast, 2020-2031
  7. 7. Robots for Commercial Service Market: Application Estimates & Trend Analysis
    1. Robots for Commercial Service   Market value share and forecast, (2020 to 2031)
    2. Incremental Growth Analysis and Infographic Presentation
      1. Domestic
        1. Market Size & Forecast, 2020-2031
      2. Industrial/Commercial
        1. Market Size & Forecast, 2020-2031
  8. 8. Robots for Commercial Service Market: Regional Estimates & Trend Analysis
    1. Robots for Commercial Service   Market value share and forecast, (2020 to 2031)
    2. Incremental Growth Analysis and Infographic Presentation
    3. North America
        1. Market Size & Forecast, 2020-2031
    4. Europe
        1. Market Size & Forecast, 2020-2031
    5. Asia Pacific
        1. Market Size & Forecast, 2020-2031
    6. Middle East & Africa
        1. Market Size & Forecast, 2020-2031
    7. Latin America
        1. Market Size & Forecast, 2020-2031
  9. 9. Robots for Commercial Service   Market: Country Estimates & Trend Analysis
    1. Robots for Commercial Service   Market value share and forecast, (2020 to 2031)
    2. Incremental Growth Analysis and Infographic Presentation
    3. U.S.
        1. Market Size & Forecast, 2020-2031
    4. Canada
        1. Market Size & Forecast, 2020-2031
    5. Mexico
        1. Market Size & Forecast, 2020-2031
    6. UK
        1. Market Size & Forecast, 2020-2031
    7. France
        1. Market Size & Forecast, 2020-2031
    8. Germany
        1. Market Size & Forecast, 2020-2031
    9. Russia
        1. Market Size & Forecast, 2020-2031
    10. Italy
        1. Market Size & Forecast, 2020-2031
    11. Spain
        1. Market Size & Forecast, 2020-2031
    12. China
        1. Market Size & Forecast, 2020-2031
    13. India
        1. Market Size & Forecast, 2020-2031
    14. Japan
        1. Market Size & Forecast, 2020-2031
    15. Indonesia
        1. Market Size & Forecast, 2020-2031
    16. South Korea
        1. Market Size & Forecast, 2020-2031
    17. Australia
        1. Market Size & Forecast, 2020-2031
    18. Brazil
        1. Market Size & Forecast, 2020-2031
    19. Argentina
        1. Market Size & Forecast, 2020-2031
    20. Saudi Arabia
        1. Market Size & Forecast, 2020-2031
    21. UAE
        1. Market Size & Forecast, 2020-2031
    22. South Africa
        1. Market Size & Forecast, 2020-2031
  10. 10. Competitive Landscape
    1. Company Market Share Analysis
    2. Vendor Landscape
    3. Competition Dashboard
  11. 11. Company Profiles
    1. Business Overview, Product Landscape, Financial Performanceand Company Strategies for below companies
      1.    Ricoh
        1. Company Overview
        2. Financial Performance
        3. Product Benchmarking
        4. Geographic Footprint
        5. Strategic Initiatives
      2. Honda Motor Co., Ltd.
        1. Company Overview
        2. Financial Performance
        3. Product Benchmarking
        4. Geographic Footprint
        5. Strategic Initiatives
      3. iRobot Corporation
        1. Company Overview
        2. Financial Performance
        3. Product Benchmarking
        4. Geographic Footprint
        5. Strategic Initiatives
      4. KUKA AG
        1. Company Overview
        2. Financial Performance
        3. Product Benchmarking
        4. Geographic Footprint
        5. Strategic Initiatives
      5. Intuitive Surgical
        1. Company Overview
        2. Financial Performance
        3. Product Benchmarking
        4. Geographic Footprint
        5. Strategic Initiatives
      6. Daifuku Co., Ltd.
        1. Company Overview
        2. Financial Performance
        3. Product Benchmarking
        4. Geographic Footprint
        5. Strategic Initiatives
      7. SoftBank Robotics Group Corp.
        1. Company Overview
        2. Financial Performance
        3. Product Benchmarking
        4. Geographic Footprint
        5. Strategic Initiatives
      8. Aethon
        1. Company Overview
        2. Financial Performance
        3. Product Benchmarking
        4. Geographic Footprint
        5. Strategic Initiatives
      9. Boston Dynamics
        1. Company Overview
        2. Financial Performance
        3. Product Benchmarking
        4. Geographic Footprint
        5. Strategic Initiatives
      10. Lely
        1. Company Overview
        2. Financial Performance
        3. Product Benchmarking
        4. Geographic Footprint
        5. Strategic Initiatives
      11. Fetch Robotics, Inc.
        1. Company Overview
        2. Financial Performance
        3. Product Benchmarking
        4. Geographic Footprint
        5. Strategic Initiatives
      12. GreyOrange
        1. Company Overview
        2. Financial Performance
        3. Product Benchmarking
        4. Geographic Footprint
        5. Strategic Initiatives
      13. Geekplus Technology Co., Ltd.
        1. Company Overview
        2. Financial Performance
        3. Product Benchmarking
        4. Geographic Footprint
        5. Strategic Initiatives
      14. Youibot Robotics Co., Ltd.
        1. Company Overview
        2. Financial Performance
        3. Product Benchmarking
        4. Geographic Footprint
        5. Strategic Initiatives
  12. 12. Conclusion

Global Robots for Commercial Service Market Research Report, 2020-2031.

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