Market Size of North America Service Robotics Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 15.10 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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North America Service Robotics Market Analysis
The North America Service Robotics market is growing at a fast pace and is expected to register a CAGR of 15.1% over the forecast period 2021 - 2026. Service robotics is being increasingly used in the healthcare sector. They are being used for a variety of reasons in healthcare, from assisting in operations to taking care of the patients. Moreover, the emergence of the COVID-19 pandemic has substantially impacted the value chain of the service robotics market and has greatly affected the demand for the same.
- The United States is a leader in the service robotics market for field robotics, logistics, and construction within North America. The usage of robotics in this region is varied and is also used in professional cleaning.
- The military application of service robotics is high in the professional use of service robotics. In defense, both manned and unmanned types of robots are used. In unmanned use, drones are very common. Investment in the use of drones has increased in the battlegrounds for a few years. They are being used for intelligence, surveillance, and reconnaissance missions and have helped the soldiers on the ground and sitting far away to plan their next move.
- A tremendously growing number of robots for rehabilitation and non-invasive therapy make this application the largest medical one in terms of units. About 75% of medical robot suppliers are from North America and Europe, while 27% of total service robot suppliers are from North America as per IFR.
- Moreover, the labor shortage in the region is one of the driving factors for the use of service robots during the COVID-19 pandemic. For instance, UVD Robots, Danish manufacture of ultraviolet-light-disinfection robots, shipped hundreds of its machines to hospitals in China and Europe.
