Market Size Analysis Of The Service Robot Industry

Sep 01, 2024

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The market size of the service robot industry has expanded rapidly in recent years. According to the "2024-2029 China Service Robot Industry Supply and Demand Situation Analysis and Investment Prospect Research Report" of the China Research Institute of Puhua Research Institute, the market size of China's service robots is expected to reach 54.23 billion yuan in 2022, and the market size is expected to reach 73.755 billion yuan by 2024. This growth trend fully demonstrates that the application potential of service robots in various fields is gradually being released.
Growth Factors:
Technological progressWith the improvement of the degree of autonomy of key core components such as sensors and controllers, the foundation of the robot industry has been continuously consolidated, and the stability of the industrial chain and supply chain has been gradually enhanced, providing strong support for the wide application of service robots.
Factors such as market demand, the increase in national purchasing power, the rise in labor costs, and the acceleration of aging have jointly promoted the wide application of service robots in various fields, such as medical care, pension, catering, hotels, etc.
market structure
The service robot market mainly includes two categories: personal/household service robots and public service robots. In the market segment, sweeping and floor cleaning robots account for the largest market share, followed by logistics and mobile robots. The development of these segments has further promoted the rapid growth of the overall market for service robots.

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