The Business Research Company’s report on the Robotics As A Service (RaaS) Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
Which emerging drivers are set to accelerate the growth of the robotics as a service (raas) market further?
The increasing demand for automation is expected to propel the growth of the robotics as a service (RaaS) market going forward. Automation refers to using technology, machinery, or systems to perform tasks and processes with minimal or no human intervention. Automation plays a crucial role in robotics-as-a-service (RaaS) by enabling efficient and seamless operations of robotic systems in various industries. By leveraging automation, robotics-as-a-service (RaaS) providers can offer cost-effective, scalable, and advanced robotic solutions tailored to the specific needs of their clients. For instance, in May 2023, according to the International Federation of Robotics, a Germany-based non-profit organization, industrial robot installations in manufacturing climbed by 12% overall in 2022 to reach 41,624 units. The automotive industry, which mostly consists of US, Canadian, and Mexican businesses, was the top adopter with 20,391 installed units, a 30% rise from 2021. Therefore, the increasing demand for automation drives the growth of the robotics as a service (RaaS) market.
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What are the key factors influencing the forecasted market size of the robotics as a service (raas) industry?
The robotics as a service (RaaS) market size has grown rapidly in recent years. It will grow from $22.96 billion in 2024 to $26.93 billion in 2025 at a compound annual growth rate (CAGR) of 17.3%. The growth in the historic period can be attributed to industrial automation adoption, labor cost reduction, increasing demand for efficiency and productivity, growth in e-commerce and logistics, and rising awareness of robotics applications
The robotics as a service (RaaS) market size is expected to see exponential growth in the next few years. It will grow to $56.88 billion in 2029 at a compound annual growth rate (CAGR) of 20.6%. The growth in the forecast period can be attributed to the expansion of Industry 4.0, the rising need for flexible and scalable automation solutions, growth in the healthcare sector, the adoption of robotics in agriculture, and increasing demand for collaborative robots (cobots). Major trends in the forecast period include technological advancements or innovations, development of robot-as-a-service business models, integration of artificial intelligence in robotics, increased use of robotics in customer service, and focus on human-robot collaboration.
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Who are the leading competitors in the robotics as a service (raas) market?
Major companies operating in the robotics as a service (RaaS) market include Lely Industries N.V., Kongberg Maritime AS, GreyOrange Pte Ltd., Locus Robotics Corp., 6 River Systems Inc., Avidbots Corporation, Sarcos Technology and Robotics Corporation, Mobile Industrial Robots A/S, Omron Adept Technology Inc., Seegrid Corporation, Soft Robotics Inc., DroneDeploy Inc., Nuro Inc., Kiwibot Inc., Northrop Grumman Corporation, Fetch Robotics Inc., inVia Robotics Inc., AutoX, Aethon Inc., Starship Technologies Inc., Cyberdyne Inc., Udelv, Cobalt Robotics Inc., CRG Automation, FANUC Corp., Knightscope Inc., Relay Robotics Inc.
Which emerging trends are set to transform the robotics as a service (raas) market landscape?
Major companies operating in robotic-as-a-service market are focused on investing in robotics as a service (RaaS) to enhance operational efficiency, reduce upfront costs for clients, and offer scalable solutions that can be customized based on industry-specific needs. Investing in Robotics as a Service (RaaS) involves funding or acquiring services where robots are provided on a subscription or pay-per-use basis that allows businesses to scale their automation needs without the high upfront costs of owning robots and can be tailored to industries. For instance, in July 2023, Instock, a US-based company that provides robotic-as-a-service raised $3.2M in new funding, led by Amazon Industrial Innovation Fund. The funding from the Amazon Industrial Innovation Fund is particularly notable as it reflects a broader trend towards automation in warehousing and fulfillment processes, driven by the rapid growth of eCommerce.
How do different geographies compare in terms of market share and growth potential in the robotics as a service (raas) market?
Asia-Pacific was the largest region in the robotics as a service (RaaS) market in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the robotics as a service (RaaS) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Robotics-as-a-Service Market Report 2025, Growth and Trends
Which major segments of the robotics as a service (raas) market are experiencing the fastest growth?
The robotics as a service (RaaS) market covered in this report is segmented –
1) By Type: Professional, Personal
2) By Application: Handling, Assembling, Dispensing, Processing, Welding And Soldering, Other Applications
3) By End User: Agriculture, Inspection And Maintenance, Healthcare, Search And Rescue, Hospitality, Professional Cleaning, Gardening, Transport And Logistics, Other End Users
Subsegments:
1) By Professional: Industrial Robots, Commercial Service Robots, Logistics And Warehouse Robots, Medical Robots, Agricultural Robots
2) By Personal: Domestic Service Robots, Companion Robots, Educational Robots, Entertainment Robots, Healthcare Support Robots
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Robotics-as-a-Service Market Report 2025, Growth and Trends
How is the robotics as a service (raas) market defined, and what are its core characteristics?
Robotics as a service (RaaS) refers to a model where robotic technologies and capabilities are offered to customers on a subscription or pay-per-use basis. It offers several advantages to businesses and organizations by facilitating the democratization of robotics by making advanced robotic technologies available to a broader range of companies, enabling automation, efficiency, and innovation in diverse sectors.
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