Service Robotics Market Size

Service Robotics Market size was valued at USD 47.13 billion in 2024 and is projected to exceed USD 215.41 billion by the end of 2037, registering over 12.4% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of service robotics is evaluated at USD 51.81 billion.. The growth of the market is poised to be dominated by growing e-commerce activities owing to growing online shopping. Over the past few years, there has been an increase in the number of internet shoppers. The numbers for 2024 are over 69 million higher than those for the year prior, indicating an about 3% yearly growth. The e-commerce sector employs automation, including robots, in a variety of ways to improve client experiences, increase productivity, and streamline operations.  

Furthermore, service robots are also typically used for personal/household. These domestic robots, is also sometimes referred to as companion robots or personal service robots. Domestic robots are been estimated to be found in both homes and workplaces at higher scale in coming years. They carry out a range of duties, including housekeeping, laundry, and caring disabled which is why they have huge demand fin household.