Service Robotics - Asia

  • Asia
  • Revenue in the Service Robotics market is projected to reach US$10.65bn in 2024.
  • Consumer service robotics dominates the market with a projected market volume of US$6.89bn in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 11.55%, resulting in a market volume of US$16.49bn by 2028.
  • In global comparison, most revenue will be generated in the United States (US$9,067.00m in 2024).

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

Region comparison

Analyst Opinion

Service Robotics is the Robotics segment with the highest share of collaborative robots (cobots). While the share of cobots in industrial use cases is only 4.60%, it is 7.23% in service applications.

Collaborative robots provide assistance with tasks such as picking, assembling, or packaging. Besides supplementing the strength of a human, cobots are used to prevent errors or injuries in repetitive tasks.

As opposed to cobots, conventional robots require protective barriers and/or other safety precautions. Meanwhile, cameras and sensors enable cobots to share the same working environment with human employees.

Because of the COVID-19 pandemic, some industries have struggled to fill job vacancies. Robot solutions can partially compensate for these deficits or assist the remaining employees, for example, in retail or hospitality, that have been faced with challenges due to staff shortages.

Due to the large number of potential use cases, the share of collaborative robots is expected to increase in the future in both Robotics segments, reaching up to 20%.


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.


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.


  • Revenue
  • Key Players
  • Volume
  • Collaborative Robots
  • Price
  • Autonomous mobile robots
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
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