Personal Services Robotics Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Component (Hardware, Software), By Application (Cleaning Robot, Entertainment & Toy Robot, Education Robot, Handicap Assistance Robot, Companion Robot, Personal Transportation Robot, Security Robot), By Region & Competition, 2019-2029F

  • Industry : ICT
  • Pages : NA
  • Published Date : NA
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Summary

Report Description

Forecast Period

2025-2029

Market Size (2023)

USD 11.83 Billion

Market Size (2029)

USD 19.39 Billion

CAGR (2024-2029)

8.42%

Fastest Growing Segment

Software

Largest Market

Asia Pacific

Market Overview

Global Personal Services Robotics Market was valued at USD 11.83 Billion in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 8.42% through 2029. The Personal Services Robotics Market encompasses a diverse range of robotic technologies and solutions designed to provide assistance, support, and companionship in various personal and household contexts. These robots are specifically tailored to address individuals' everyday needs and tasks, offering solutions for tasks such as cleaning, caregiving, household chores, and personal assistance. The market caters to a wide range of end users, including elderly individuals, people with disabilities, busy professionals, and households seeking convenience and efficiency in managing their daily routines.

Personal services robots leverage advanced technologies such as robotics, artificial intelligence (AI), sensors, and automation to perform tasks autonomously, adapt to users' preferences and environments, and provide personalized experiences. They come in various forms, sizes, and functionalities, ranging from robotic vacuum cleaners and lawn mowers to healthcare robots and companion robots for social interaction. The market encompasses both consumer-oriented products for residential use and professional-grade solutions for commercial applications in sectors such as healthcare, hospitality, and retail. With the aging population, rising labor costs, technological advancements, and changing consumer lifestyles driving demand, the Personal Services Robotics Market presents significant opportunities for innovation, growth, and market expansion. As personal services robots continue to evolve and become more sophisticated, they are poised to transform the way individuals and households manage their daily tasks, improve their quality of life, and maintain independence and autonomy in their living environments."

Key Market Drivers

Aging Population and Healthcare Needs

The increasing aging population worldwide is driving the demand for personal services robotics, particularly in the healthcare sector. As the elderly population grows, there is a corresponding rise in the need for assistance with daily tasks such as bathing, dressing, and medication management. Personal services robots equipped with advanced sensors, AI algorithms, and robotic arms can provide invaluable support to elderly individuals, allowing them to maintain their independence and quality of life while reducing the burden on caregivers and healthcare providers. These robots offer assistance with mobility, hygiene, and monitoring vital signs, enabling seniors to age in place safely and comfortably. Moreover, personal services robots play a crucial role in addressing the shortage of caregivers and healthcare workers, particularly in regions facing aging populations and healthcare workforce shortages. By automating routine tasks and providing round-the-clock support, personal services robots enhance the efficiency and effectiveness of healthcare delivery, improving outcomes for patients and reducing healthcare costs in the long run.

Labor Shortages and Rising Wages

Labor shortages and rising labor costs in industries such as hospitality, retail, and cleaning are driving the adoption of personal services robotics as a cost-effective and efficient alternative to human labor. With the increasing minimum wages and growing competition for skilled workers, businesses are turning to robotics technology to automate repetitive and low-skilled tasks, such as cleaning, maintenance, and customer service. Personal services robots equipped with autonomous navigation, object recognition, and task-specific capabilities can perform these tasks with precision and reliability, reducing labor costs and improving operational efficiency. Moreover, personal services robots offer scalability and flexibility, allowing businesses to adjust staffing levels based on demand and optimize resource allocation. By deploying personal services robots, businesses can enhance productivity, streamline operations, and deliver superior service experiences to customers, driving competitiveness and profitability in today's dynamic business environment.

Technological Advancements in Robotics and AI

Technological advancements in robotics and artificial intelligence (AI) are driving innovation and expanding the capabilities of personal services robots. Breakthroughs in sensor technology, computer vision, natural language processing, and machine learning enable personal services robots to perceive and interact with their environment in more sophisticated ways. For example, robots equipped with advanced sensors and AI algorithms can navigate complex environments autonomously, adapt to changing conditions, and interact with humans in natural and intuitive ways. Furthermore, the miniaturization of components, improvements in battery technology, and advancements in materials science enable the development of more compact, lightweight, and energy-efficient personal services robots. These technological advancements unlock new possibilities for personal services robots in diverse applications such as home cleaning, eldercare, childcare, and hospitality, driving market growth and adoption across industries.

Changing Consumer Preferences and Lifestyles

Changing consumer preferences and lifestyles are driving the demand for personal services robotics, particularly among urban dwellers and busy professionals seeking convenience, efficiency, and quality of life improvements. With an increasing emphasis on work-life balance and leisure time, consumers are outsourcing household chores and errands to personal services robots, allowing them to focus on more meaningful and enjoyable activities. Personal services robots such as robotic vacuum cleaners, lawn mowers, and laundry robots offer time-saving solutions for busy individuals, reducing the burden of mundane tasks and freeing up valuable time for leisure, relaxation, and personal pursuits. Moreover, the growing adoption of smart home technologies and Internet of Things (IoT) devices creates opportunities for integration and interoperability with personal services robots, enhancing their functionality and convenience. As consumers continue to prioritize convenience and efficiency in their daily lives, the demand for personal services robotics is expected to grow, driving market expansion and innovation in the years to come.

              

Key Market Challenges

Cost and Affordability

One of the primary challenges hindering the widespread adoption of personal services robotics is the high cost associated with developing, manufacturing, and deploying robotic solutions. Personal services robots often require advanced technologies such as artificial intelligence (AI), sensors, and autonomous navigation systems, which drive up production costs. Additionally, the complexity of personal services robots' design and functionality contributes to higher manufacturing costs and requires substantial investment in research and development. As a result, the upfront cost of acquiring personal services robots remains prohibitively high for many consumers and businesses, limiting market penetration and adoption. Furthermore, ongoing maintenance, repair, and software updates can add to the total cost of ownership, making personal services robotics less accessible to budget-conscious consumers and small businesses. Addressing the challenge of cost and affordability requires innovative approaches to reducing production costs, optimizing supply chains, and offering flexible pricing models to make personal services robots more accessible to a broader range of end users.

Regulatory and Ethical Considerations

Regulatory and ethical considerations pose significant challenges to the development and deployment of personal services robots, particularly in sectors such as healthcare and caregiving, where human safety and well-being are paramount. Personal services robots must comply with a complex and evolving regulatory landscape governing safety, privacy, accessibility, and liability. Additionally, ethical dilemmas such as the use of AI algorithms for decision-making, the collection and use of personal data, and the potential displacement of human workers raise ethical questions that require careful consideration and deliberation. Addressing regulatory and ethical challenges requires collaboration between industry stakeholders, policymakers, and advocacy groups to establish clear guidelines, standards, and best practices that ensure the responsible and ethical development and deployment of personal services robots while balancing innovation and societal concerns. By proactively addressing these challenges, the Personal Services Robotics Market can unlock its full potential and deliver transformative benefits to individuals, businesses, and society as a whole.

Key Market Trends

Integration of AI and Machine Learning

One of the key trends driving the evolution of the Personal Services Robotics Market is the integration of artificial intelligence (AI) and machine learning technologies into robotic solutions. AI-powered personal services robots leverage advanced algorithms to analyze data, recognize patterns, and make autonomous decisions, enabling them to perform complex tasks with greater efficiency and adaptability. Machine learning algorithms allow personal services robots to learn from their interactions with users and environments, continuously improving their performance and responsiveness over time. This trend is particularly evident in sectors such as healthcare, where AI-enabled robots assist with patient care, medication management, and rehabilitation exercises. By harnessing the power of AI and machine learning, personal services robots can provide personalized, context-aware assistance, enhancing user experiences and driving market growth across various industries.

Expansion of Applications in Healthcare

The Personal Services Robotics Market is experiencing significant growth in the healthcare sector, driven by the increasing demand for robotic solutions that support patient care, rehabilitation, and medical assistance. Personal services robots play a crucial role in addressing the challenges posed by an aging population, rising healthcare costs, and workforce shortages in the healthcare industry. Robots equipped with AI, sensors, and robotic arms can assist with tasks such as lifting and transferring patients, monitoring vital signs, and providing companionship and emotional support to elderly and disabled individuals. Moreover, personal services robots are being used in rehabilitation centers and hospitals to assist with physical therapy exercises, cognitive training, and mobility assistance for patients recovering from injuries or surgeries. As healthcare providers seek innovative solutions to improve patient outcomes, reduce caregiver burden, and enhance operational efficiency, the demand for personal services robots in the healthcare sector is expected to continue growing, driving market expansion and innovation.

Adoption of Humanoid Robots for Social Interaction

Another notable trend in the Personal Services Robotics Market is the adoption of humanoid robots designed for social interaction and companionship. Humanoid robots with lifelike appearances, facial expressions, and gestures are gaining popularity as companions for elderly individuals, children, and individuals with special needs. These robots are equipped with AI algorithms and natural language processing capabilities, allowing them to engage in meaningful conversations, recognize emotions, and provide emotional support and companionship to users. In healthcare settings, humanoid robots serve as friendly companions for patients undergoing long-term treatment or rehabilitation, offering companionship, entertainment, and encouragement. Additionally, humanoid robots are being used in educational settings to teach social skills and facilitate communication and interaction among students with autism spectrum disorder (ASD) and other developmental disabilities. As the demand for social robots continues to grow, manufacturers are focusing on enhancing the capabilities and human-likeness of humanoid robots, driving innovation and market expansion in the Personal Services Robotics Market.

Segmental Insights

Component Insights

Hardware segment held the largest Market share in 2023. The hardware segment plays a pivotal role as a market driver in the Personal Services Robotics Market, serving as the foundation upon which the functionality, performance, and reliability of personal services robots are built. Hardware components encompass a diverse array of physical elements, including robotic arms, sensors, actuators, motors, chassis, and power systems, which collectively enable personal services robots to perceive, navigate, interact with their environment, and perform various tasks autonomously. The relentless pursuit of innovation and advancements in hardware technology drives market growth, as manufacturers strive to develop more compact, lightweight, energy-efficient, and cost-effective hardware solutions that meet the evolving needs and demands of end users across different industries and applications.

One of the primary drivers propelling the hardware segment in the Personal Services Robotics Market is the quest for enhanced functionality and versatility in personal services robots. As the scope and complexity of tasks performed by personal services robots continue to expand, there is a corresponding demand for hardware components capable of supporting a wide range of functionalities and applications. For example, robotic arms equipped with multiple degrees of freedom and adaptive grippers enable personal services robots to perform intricate manipulation tasks such as grasping objects, pouring liquids, and manipulating tools with dexterity and precision. Similarly, sensors such as cameras, LiDAR, ultrasonic sensors, and infrared sensors provide personal services robots with the ability to perceive their surroundings, navigate autonomously, avoid obstacles, and interact with objects and humans in their environment. By incorporating advanced hardware components into personal services robots, manufacturers can enhance their functionality, adaptability, and utility across diverse use cases and industries, driving market growth and adoption.

Advancements in hardware technology drive improvements in the performance and reliability of personal services robots, addressing key challenges such as safety, efficiency, and durability. For example, the miniaturization of components and advancements in materials science enable manufacturers to develop smaller, lighter, and more compact hardware solutions that optimize space utilization, reduce weight, and improve portability without compromising performance or functionality. Similarly, advancements in motor technology, such as brushless DC motors and stepper motors, offer higher torque, efficiency, and precision, enabling personal services robots to perform tasks with greater accuracy and reliability. Additionally, improvements in power systems, such as lithium-ion batteries and fuel cells, provide personal services robots with longer operating times, faster charging cycles, and extended lifespans, enhancing their autonomy and productivity in real-world applications. By leveraging these advancements in hardware technology, manufacturers can develop personal services robots that meet the stringent performance and reliability requirements of end users, driving market growth and adoption across industries and applications.

The hardware segment in the Personal Services Robotics Market is driven by the increasing demand for cost-effective and scalable hardware solutions that enable mass production and widespread deployment of personal services robots. As the market for personal services robots continues to expand, manufacturers face pressure to reduce production costs, optimize supply chains, and improve manufacturing processes to meet growing demand and remain competitive. Advances in manufacturing techniques, such as 3D printing, CNC machining, and injection molding, enable manufacturers to produce high-quality hardware components at lower costs and faster turnaround times, facilitating mass production and economies of scale. Additionally, standardization efforts and modular design principles enable manufacturers to develop interchangeable and interoperable hardware components that can be easily integrated into different robot platforms, reducing development time and costs. By leveraging cost-effective and scalable hardware solutions, manufacturers can accelerate the pace of innovation, drive down prices, and make personal services robots more accessible to a broader range of end users, driving market growth and adoption in the Personal Services Robotics Market.


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Regional Insights

Asia Pacific region held the largest Market share in 2023. The Asia Pacific region stands as a prominent market driver in the Personal Services Robotics Market, fueled by a combination of factors including rapid urbanization, rising disposable incomes, technological advancements, and shifting demographics. As countries in the Asia Pacific region continue to undergo rapid economic development and industrialization, there is a growing demand for innovative solutions to address the challenges posed by urbanization, aging populations, labor shortages, and changing consumer preferences. Personal services robotics, with its ability to automate routine tasks, enhance productivity, and improve quality of life, is well-positioned to meet these evolving needs and drive market growth across various industries and applications.

One of the primary drivers propelling the Personal Services Robotics Market in the Asia Pacific region is the region's rapidly aging population. With countries such as Japan, South Korea, and China experiencing demographic shifts characterized by declining birth rates and increasing life expectancy, there is a growing need for personal services robots to support elderly individuals in daily living activities, healthcare, and social interaction. Personal services robots equipped with features such as fall detection, medication reminders, and companionship capabilities play a crucial role in addressing the caregiving needs of aging populations, enabling them to age in place safely and independently. Moreover, the Asia Pacific region's cultural emphasis on filial piety and respect for elders further drives the adoption of personal services robots as tools to support and augment human caregivers in providing care and companionship to elderly individuals, driving market growth and adoption in the region.

The Asia Pacific region's rapidly growing urban population and increasing labor costs are driving demand for personal services robotics solutions that automate tasks and improve efficiency in various industries such as manufacturing, hospitality, retail, and healthcare. With cities in the Asia Pacific region facing challenges such as traffic congestion, pollution, and overcrowding, there is a growing need for innovative solutions to optimize resource utilization, enhance productivity, and improve quality of life for urban residents. Personal services robots offer a range of applications in urban environments, including cleaning and maintenance tasks in public spaces, customer service and hospitality roles in hotels and restaurants, and logistics and inventory management in warehouses and distribution centers. By automating routine tasks and freeing up human workers to focus on more value-added activities, personal services robots contribute to increased productivity, cost savings, and operational efficiency in urban settings, driving market growth and adoption across the Asia Pacific region.

The Asia Pacific region's vibrant technology ecosystem and strong government support for innovation and entrepreneurship drive the development and adoption of personal services robotics solutions. Countries such as Japan, South Korea, and China are at the forefront of robotics research and development, with leading universities, research institutes, and technology companies driving innovation in robotics technology. Government initiatives such as funding programs, tax incentives, and regulatory support further encourage investment in robotics research and development, fostering a conducive environment for the growth of the Personal Services Robotics Market in the region. Additionally, the Asia Pacific region's dynamic consumer market and tech-savvy population drive demand for personal services robotics solutions that offer convenience, efficiency, and personalized experiences. As consumers increasingly seek innovative solutions to enhance their quality of life and address everyday challenges, personal services robots find applications in diverse sectors such as home automation, healthcare, education, and entertainment, driving market growth and adoption across the Asia Pacific region. 

Recent Developments

  • In November 2023 Realtime Robotics has introduced its latest offering: Optimization-as-a-Service. This innovative solution combines proprietary optimization software with the specialized insights of seasoned robotics and application engineers. Its primary objective is to enhance manufacturers' overall productivity significantly. 

Key Market Players

  • iRobot Corporation
  • SoftBank Group Corp.
  • Blue Ocean Robotics
  • Toyota Ventures, LLC
  • Samsung Electronics Co., Ltd.
  • Panasonic Corporation
  • Hanson Robotics Ltd.
  • Ekso Bionics Holdings, Inc.
  • Intuitive Surgical Operations, Inc.
  • Cyberdyne Inc.

By Component

By Application

By Region
  • Hardware
  • Software
  • Cleaning Robot
  • Entertainment & Toy Robot
  • Education Robot
  • Handicap Assistance Robot
  • Companion Robot
  • Personal Transportation Robot
  • Security Robot
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

Report Scope:

In this report, the Global Personal Services Robotics Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Personal Services Robotics Market, By Component:

o   Hardware

o   Software

  • Personal Services Robotics Market, By Application:

o   Cleaning Robot

o   Entertainment & Toy Robot

o   Education Robot

o   Handicap Assistance Robot

o   Companion Robot

o   Personal Transportation Robot

o   Security Robot

  • Personal Services Robotics Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

§  Belgium

o   Asia-Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

§  Indonesia

§  Vietnam

o   South America

§  Brazil

§  Argentina

§  Colombia

§  Chile

§  Peru

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Turkey

§  Israel

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Personal Services Robotics Market.

Available Customizations:

Global Personal Services Robotics market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

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Table of content

1.    Material Type Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Formulation of the Scope

2.4.  Assumptions and Limitations

2.5.  Sources of Research

2.5.1.    Secondary Research

2.5.2.    Primary Research

2.6.  Approach for the Market Study

2.6.1.    The Bottom-Up Approach

2.6.2.    The Top-Down Approach

2.7.  Methodology Followed for Calculation of Market Size & Market Shares

2.8.  Forecasting Methodology

2.8.1.    Data Triangulation & Validation

3.    Executive Summary

4.    Voice of Customer

5.    Global Personal Services Robotics Market Overview

6.    Global Personal Services Robotics Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Component (Hardware, Software)

6.2.2.    By Application (Cleaning Robot, Entertainment & Toy Robot, Education Robot, Handicap Assistance Robot, Companion Robot, Personal Transportation Robot, Security Robot)

6.2.3.    By Region (North America, Europe, South America, Middle East & Africa, Asia Pacific)

6.3.  By Company (2023)

6.4.  Market Map

7.    North America Personal Services Robotics Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Component

7.2.2.    By Application

7.2.3.    By Country

7.3.  North America: Country Analysis

7.3.1.    United States Personal Services Robotics Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Component

7.3.1.2.2.           By Application

7.3.2.    Canada Personal Services Robotics Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Component

7.3.2.2.2.           By Application

7.3.3.    Mexico Personal Services Robotics Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Component

7.3.3.2.2.           By Application

8.    Europe Personal Services Robotics Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Component

8.2.2.    By Application

8.2.3.    By Country

8.3.  Europe: Country Analysis

8.3.1.    Germany Personal Services Robotics Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Component

8.3.1.2.2.           By Application

8.3.2.    France Personal Services Robotics Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Component

8.3.2.2.2.           By Application

8.3.3.    United Kingdom Personal Services Robotics Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Component

8.3.3.2.2.           By Application

8.3.4.    Italy Personal Services Robotics Market Outlook

8.3.4.1.        Market Size & Forecast

8.3.4.1.1.           By Value

8.3.4.2.        Market Share & Forecast

8.3.4.2.1.           By Component

8.3.4.2.2.           By Application

8.3.5.    Spain Personal Services Robotics Market Outlook

8.3.5.1.        Market Size & Forecast

8.3.5.1.1.           By Value

8.3.5.2.        Market Share & Forecast

8.3.5.2.1.           By Component

8.3.5.2.2.           By Application

8.3.6.    Belgium Personal Services Robotics Market Outlook

8.3.6.1.        Market Size & Forecast

8.3.6.1.1.           By Value

8.3.6.2.        Market Share & Forecast

8.3.6.2.1.           By Component

8.3.6.2.2.           By Application

9.    South America Personal Services Robotics Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Component

9.2.2.    By Application

9.2.3.    By Country

9.3.  South America: Country Analysis

9.3.1.    Brazil Personal Services Robotics Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Component

9.3.1.2.2.           By Application

9.3.2.    Colombia Personal Services Robotics Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Component

9.3.2.2.2.           By Application

9.3.3.    Argentina Personal Services Robotics Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Component

9.3.3.2.2.           By Application

9.3.4.    Chile Personal Services Robotics Market Outlook

9.3.4.1.        Market Size & Forecast

9.3.4.1.1.           By Value

9.3.4.2.        Market Share & Forecast

9.3.4.2.1.           By Component

9.3.4.2.2.           By Application

9.3.5.    Peru Personal Services Robotics Market Outlook

9.3.5.1.        Market Size & Forecast

9.3.5.1.1.           By Value

9.3.5.2.        Market Share & Forecast

9.3.5.2.1.           By Component

9.3.5.2.2.           By Application

10. Middle East & Africa Personal Services Robotics Market Outlook

10.1.            Market Size & Forecast

10.1.1. By Value

10.2.            Market Share & Forecast

10.2.1. By Component

10.2.2. By Application

10.2.3. By Country

10.3.            Middle East & Africa: Country Analysis

10.3.1. Saudi Arabia Personal Services Robotics Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Component

10.3.1.2.2.         By Application

10.3.2. UAE Personal Services Robotics Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Component

10.3.2.2.2.         By Application

10.3.3. South Africa Personal Services Robotics Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Component

10.3.3.2.2.         By Application

10.3.4. Turkey Personal Services Robotics Market Outlook

10.3.4.1.     Market Size & Forecast

10.3.4.1.1.         By Value

10.3.4.2.     Market Share & Forecast

10.3.4.2.1.         By Component

10.3.4.2.2.         By Application

10.3.5. Israel Personal Services Robotics Market Outlook

10.3.5.1.     Market Size & Forecast

10.3.5.1.1.         By Value

10.3.5.2.     Market Share & Forecast

10.3.5.2.1.         By Component

10.3.5.2.2.         By Application

11. Asia Pacific Personal Services Robotics Market Outlook

11.1.            Market Size & Forecast

11.1.1. By Value

11.2.            Market Share & Forecast

11.2.1. By Component

11.2.2. By Application

11.2.3. By Country

11.3.            Asia-Pacific: Country Analysis

11.3.1. China Personal Services Robotics Market Outlook

11.3.1.1.     Market Size & Forecast

11.3.1.1.1.         By Value

11.3.1.2.     Market Share & Forecast

11.3.1.2.1.         By Component

11.3.1.2.2.         By Application

11.3.2. India Personal Services Robotics Market Outlook

11.3.2.1.     Market Size & Forecast

11.3.2.1.1.         By Value

11.3.2.2.     Market Share & Forecast

11.3.2.2.1.         By Component

11.3.2.2.2.         By Application

11.3.3. Japan Personal Services Robotics Market Outlook

11.3.3.1.     Market Size & Forecast

11.3.3.1.1.         By Value

11.3.3.2.     Market Share & Forecast

11.3.3.2.1.         By Component

11.3.3.2.2.         By Application

11.3.4. South Korea Personal Services Robotics Market Outlook

11.3.4.1.     Market Size & Forecast

11.3.4.1.1.         By Value

11.3.4.2.     Market Share & Forecast

11.3.4.2.1.         By Component

11.3.4.2.2.         By Application

11.3.5. Australia Personal Services Robotics Market Outlook

11.3.5.1.     Market Size & Forecast

11.3.5.1.1.         By Value

11.3.5.2.     Market Share & Forecast

11.3.5.2.1.         By Component

11.3.5.2.2.         By Application

11.3.6. Indonesia Personal Services Robotics Market Outlook

11.3.6.1.     Market Size & Forecast

11.3.6.1.1.         By Value

11.3.6.2.     Market Share & Forecast

11.3.6.2.1.         By Component

11.3.6.2.2.         By Application

11.3.7. Vietnam Personal Services Robotics Market Outlook

11.3.7.1.     Market Size & Forecast

11.3.7.1.1.         By Value

11.3.7.2.     Market Share & Forecast

11.3.7.2.1.         By Component

11.3.7.2.2.         By Application

12. Market Dynamics

12.1.            Drivers

12.2.            Challenges

13. Market Trends and Developments

14. Company Profiles

14.1.            iRobot Corporation

14.1.1. Business Overview

14.1.2. Key Revenue and Financials

14.1.3. Recent Developments

14.1.4. Key Personnel/Key Contact Person

14.1.5. Key Products/Services Offered

14.2.            SoftBank Group Corp.

14.2.1. Business Overview

14.2.2. Key Revenue and Financials

14.2.3. Recent Developments

14.2.4. Key Personnel/Key Contact Person

14.2.5. Key Products/Services Offered

14.3.            Blue Ocean Robotics

14.3.1. Business Overview

14.3.2. Key Revenue and Financials

14.3.3. Recent Developments

14.3.4. Key Personnel/Key Contact Person

14.3.5. Key Products /Services Offered

14.4.            Toyota Ventures, LLC

14.4.1. Business Overview

14.4.2. Key Revenue and Financials

14.4.3. Recent Developments

14.4.4. Key Personnel/Key Contact Person

14.4.5. Key Products/Services Offered

14.5.            Samsung Electronics Co., Ltd.

14.5.1. Business Overview

14.5.2. Key Revenue and Financials

14.5.3. Recent Developments

14.5.4. Key Personnel/Key Contact Person

14.5.5. Key Products/Services Offered

14.6.            Panasonic Corporation

14.6.1. Business Overview

14.6.2. Key Revenue and Financials

14.6.3. Recent Developments

14.6.4. Key Personnel/Key Contact Person

14.6.5. Key Products/Services Offered

14.7.            Hanson Robotics Ltd.

14.7.1. Business Overview

14.7.2. Key Revenue and Financials

14.7.3. Recent Developments

14.7.4. Key Personnel/Key Contact Person

14.7.5. Key Products/Services Offered

14.8.            Ekso Bionics Holdings, Inc.

14.8.1. Business Overview

14.8.2. Key Revenue and Financials

14.8.3. Recent Developments

14.8.4. Key Personnel/Key Contact Person

14.8.5. Key Products/Services Offered

14.9.            Intuitive Surgical Operations, Inc.

14.9.1. Business Overview

14.9.2. Key Revenue and Financials

14.9.3. Recent Developments

14.9.4. Key Personnel/Key Contact Person

14.9.5. Key Products/Services Offered

14.10.         Cyberdyne Inc.

14.10.1.  Business Overview

14.10.2.  Key Revenue and Financials

14.10.3.  Recent Developments

14.10.4.  Key Personnel/Key Contact Person

14.10.5.  Key Products /Services Offered

15. Strategic Recommendations

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Personal Services Robotics Market was USD 11.83 Billion in 2023.

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The Hardware segment held the largest Market share in 2023. Advancements in sensors, actuators, and AI integration are driving the demand for sophisticated hardware in the Personal Services Robotics Market.

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Asia-Pacific region held the largest Market share in 2023. In the Asia-Pacific region, rapid urbanization, technological advancements, and an aging population are driving demand for personal services robots, enhancing efficiency, supporting elderly care, and addressing labor shortages.

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Increasing demand for automation in daily tasks, healthcare, and eldercare is a major driver for the Global Personal Services Robotics Market.

Related Reports

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Sakshi Bajaal

Business Consultant
Press Release

Personal Services Robotics Market to Grow with a CAGR of 8.42% through 2029

Oct, 2024

Personal Services Robotics Market is driven by Advancements in AI and Machine Learning, and Aging Population & Healthcare Needs throughout the forecast period

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