PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1719083
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1719083
United States Service Robots Market, By Type; By Component; By Application, Trend Analysis, Competitive Landscape & Forecast, 2019-2031
United States Service Robots Market Booming to Reach USD 12.7 Billion by 2031
United States Service Robots Market is flourishing primarily due to a surging demand for automation in healthcare, logistics, and retail, and the rapid adoption of advancements in artificial intelligence (AI) and machine learning (ML) technologies.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated United States Service Robots Market size by value at USD 6.9 billion in 2024. During the forecast period between 2025 and 2031, BlueWeave expects United States Service Robots Market size to boom at a robust CAGR of 9% reaching a value of USD 12.7 billion by 2031. The Service Robots Market in United States is driven by the integration of artificial intelligence (AI) into robotics has expanded the capabilities of service robots, enhancing their efficiency and adaptability across various sectors. Labor shortages, particularly in industries with physically demanding or repetitive tasks, have accelerated the adoption of automation to maintain productivity. Significant investments in robotics startups, totaling over USD 15 billion since 2019, reflect a strong commitment to advancing robotic technologies. Additionally, the push for a national robotics strategy underscores the importance of maintaining global competitiveness in this rapidly evolving field.
Opportunity - Growing Adoption of Service Robots in Elderly Care
United States Service Robots Market is experiencing significant growth due to the rising adoption of robotics in medical and elderly care. With an aging population and increasing healthcare demands, service robots are being deployed in hospitals, assisted living facilities, and homes to enhance patient care, assist with mobility, and perform routine tasks. Advancements in AI, automation, and sensor technology have made these robots more efficient and cost-effective, driving their adoption. Additionally, the COVID-19 pandemic accelerated interest in contactless healthcare solutions, further fueling investments in robotic assistants for tasks such as disinfection, telepresence, and patient monitoring.
Hardware Segment Dominates US Service Robots Market
The hardware segment is the largest component in United States Service Robots Market. The segment's dominance is attributed to significant investments in advanced sensors, actuators, and processing units essential for robot functionality. However, the software segment is projected to record the fastest growth in the coming years, driven by advancements in artificial intelligence and machine learning that enhance robot capabilities.
Impact of Escalating Geopolitical Tensions on United States Service Robots Market
Escalating geopolitical tensions could impact the growth of United States Service Robots Market by disrupting global supply chains, increasing component costs, and creating regulatory uncertainties. Trade restrictions on semiconductor imports, particularly from China, hinder production while rising defense spending accelerates demand for military and security robots. Heightened labor shortages, driven by restricted immigration and reshoring efforts, further boost adoption in healthcare, logistics, and manufacturing sectors. However, currency fluctuations and economic instability may slow investment in non-essential robotics applications. Overall, while tensions create short-term supply challenges, they also drive long-term growth as industries seek automation to mitigate workforce and operational risks.
Competitive Landscape
United States Service Robots Market is highly fragmented, with numerous players serving the market. Major companies dominating the market include Boston Dynamics, Agility Robotics, Tesla, Figure AI, iRobot, Intuitive Surgical, ABB Robotics, SoftBank Robotics, KUKA Robotics, Omron Robotics, and Savioke. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge over their competitors in United States Service Robots Market.
The report's in-depth analysis provides information about growth potential, upcoming trends, and United States Service Robots Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in United States Service Robots Market along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. United States Service Robots Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Increasing Investment in Robotics Research and Development
- 3.2.1.2. Rising Demand for Automation in Logistics and Healthcare
- 3.2.1.3. Expansion of AI-Powered Service Robots in Various Industries
- 3.2.2. Restraints
- 3.2.2.1. High Initial Costs and Maintenance Expenses
- 3.2.2.2. Regulatory and Ethical Concerns Surrounding Autonomous Robots
- 3.2.2.3. Limited Adaptability in Complex Environments
- 3.2.3. Opportunities
- 3.2.3.1. Growing Adoption of Service Robots in Medical and Elderly Care
- 3.2.3.2. Expansion of Robotics Applications in E-Commerce and Last-Mile Delivery
- 3.2.4. Challenges
- 3.2.4.1. Integration Complexities with Existing Infrastructure.
- 3.2.4.2. Cybersecurity Risks Associated with AI-Driven Robotics
- 3.2.1. Growth Drivers
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. United States Service Robots Market Strategies
5. United States Service Robots Market: Pricing Analysis
6. United States Service Robots Market Overview
- 6.1. Market Size & Forecast, 2019-2031
- 6.1.1. By Value (USD Billion)
- 6.2. Market Share & Forecast
- 6.2.1. By Type
- 6.2.1.1. Professional Service Robot
- 6.2.1.2. Personal/Domestic Service Robot
- 6.2.2. By Component
- 6.2.2.1. Hardware
- 6.2.2.2. Software
- 6.2.2.3. Services
- 6.2.3. By Application
- 6.2.3.1. Healthcare
- 6.2.3.2. Logistics
- 6.2.3.3. Domestic
- 6.2.3.4. Others
- 6.2.1. By Type
7. Competitive Landscape
- 7.1. List of Key Players and Their Offerings
- 7.2. United States Service Robots Market Share Analysis, 2024
- 7.3. Competitive Benchmarking, By Operating Parameters
- 7.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships)
8. Impact of Escalating Geopolitical Tensions on United States Service Robots Market
9. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- 9.1. Boston Dynamics
- 9.2. Agility Robotics
- 9.3. Tesla
- 9.4. Figure AI
- 9.5. iRobot
- 9.6. Intuitive Surgical
- 9.7. ABB Robotics
- 9.8. SoftBank Robotics
- 9.9. KUKA Robotics
- 9.10. Omron Robotics
- 9.11. Savioke
- 9.12. Other Prominent Players
10. Key Strategic Recommendations
11. Research Methodology
- 11.1. Qualitative Research
- 11.1.1. Primary & Secondary Research
- 11.2. Quantitative Research
- 11.3. Market Breakdown & Data Triangulation
- 11.3.1. Secondary Research
- 11.3.2. Primary Research
- 11.4. Breakdown of Primary Research Respondents, By Region
- 11.5. Assumptions & Limitations
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.
List of Figures
- Figure 1 United States Service Robots Market Segmentation
- Figure 2 United States Service Robots Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2024
- Figure 4 United States Service Robots Market Size, By Value (USD Billion), 2019-2031
- Figure 5 United States Service Robots Market Share, By Type, By Value, 2019-2031
- Figure 6 United States Service Robots Market Share, By Component, By Value, 2019-2031
- Figure 7 United States Service Robots Market Share, By Application, By Value, 2019-2031
List of Tables
- Table 1 United States Service Robots Market Size, By Value (USD Billion), 2019-2031
- Table 2 United States Service Robots Market Size, By Type, By Value, 2019-2031
- Table 3 United States Service Robots Market Size, By Component, By Value, 2019-2031
- Table 4 United States Service Robots Market Size, By Application, By Value, 2019-2031
- Table 5 Boston Dynamics Company Overview
- Table 6 Boston Dynamics Financial Overview
- Table 7 Agility Robotics Company Overview
- Table 8 Agility Robotics Financial Overview
- Table 9 Tesla Company Overview
- Table 10 Tesla Financial Overview
- Table 11 Figure AI Company Overview
- Table 12 Figure AI Financial Overview
- Table 13 iRobot Company Overview
- Table 14 iRobot Financial Overview
- Table 15 Intuitive Surgical Company Overview
- Table 16 Intuitive Surgical Financial Overview
- Table 17 ABB Robotics Company Overview
- Table 18 ABB Robotics Financial Overview
- Table 19 SoftBank Robotics Company Overview
- Table 20 SoftBank Robotics Financial Overview
- Table 21 KUKA Robotics Company Overview
- Table 22 KUKA Robotics Financial Overview
- Table 23 Omron Robotics Company Overview
- Table 24 Omron Robotics Financial Overview
- Table 25 Savioke Company Overview
- Table 26 Savioke Financial Overview
