Robots-as-a-Service Sector Set to Reach $8.4 Billion by 2030

1. Robots-as-a-Service Market to be Worth $8.4 Billion by 2030

2. Global Robots-as-a-Service Market – 2023-2030 Meticulous Research®, a prominent global market research firm, has released an insightful report titled, "Robots-as-a-Service Market by Type (Industrial, Commercial, Domestic), End User (Agriculture, Healthcare, Hospitality, Search & Rescue, Transportation & Logistics, Gardening, Professional Cleaning, Other End-users), and Geography - Global Forecast to 2030." Download Sample Report Here @ https://www.meticulousresearch.com/download- sample-report/cp_id=5519 The latest analysis from Meticulous Research® reveals that the Robots-as-a-Service (RaaS) market is anticipated to expand significantly, reaching $8.4 billion by 2030, with a projected CAGR of 16.7% from 2024 to 2030. Key factors driving this growth include the increasing utilization of RaaS in healthcare settings to optimize clinical operations and aid surgical processes, the growing appeal of RaaS for its scalability, flexibility, and cost-efficiency, and the rising adoption of RaaS in the manufacturing industry. Furthermore, the market is expected to benefit from increased automation across sectors such as hospitality and agriculture, efforts to minimize human labor, and the advancement of Industry 5.0. Despite the optimistic outlook, challenges such as limited robot mobility and safety issues in industrial environments could impact market growth. The RaaS market is segmented by robot type and end user, with detailed analysis of market competitors and dynamics at regional and country levels. By robot type, the RaaS market is categorized into industrial, commercial, and domestic service robots. The industrial service robots segment is forecasted to lead in 2024, holding the largest market share and achieving the highest CAGR throughout the forecast period. This segment's prominence is attributed to the escalating demand for RaaS in sectors like logistics, defense, construction, and healthcare. The segment's growth is fueled by increased automation and mobility deployments, rising labor costs, and the shortage of skilled workers. In terms of end users, the RaaS market includes segments such as agriculture, inspection and maintenance, healthcare, search & rescue, hospitality, professional cleaning, transport & logistics, gardening, and others. The transportation & logistics segment is expected to dominate in 2024, driven by its extensive use in picking, packing, and delivery operations, the growing need for autonomous mobile robots (AMRs) for efficient inventory management, and improved safety measures. Conversely, the healthcare segment is projected to experience the highest CAGR during the forecast period, driven by the rising volume of surgical procedures, the need to reduce human error, enhanced precision and accuracy, and the increasing adoption of advanced surgical technologies. Geographically, the RaaS market is divided into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America is anticipated to capture the largest market share in 2024 due to substantial investments in advanced technologies, significant R&D expenditure, and the adoption of cutting-edge technologies such as surgical robots and AGVs & AMRs. Meanwhile, the Asia-Pacific region is projected to register the highest CAGR during the forecast period, reflecting robust market growth in this region. Key Players: Page 1 of 2 © Meticulous Research| sales@meticulousresearch.com

3. Global Robots-as-a-Service Market – 2023-2030 The key players operating in the robots-as-a-service market are Locus Robotics (U.S.), inVia Robotics, Inc. (U.S.), Cobalt Robotics (U.S.), Knightscope, Inc. (U.S.), Aethon Inc. (U.S.), Relay Robotics, Inc. (U.S.), iRobot Corporation (U.S.), KUKA AG (Germany), Intuitive Surgical (U.S.), Daifuku Co., Ltd. (Japan), OMRON Corporation (Japan), Aldebaran & United Robotics Group (Japan), SoftBank Corp. (Japan), EXOTEC (France), and Hirebotics (U.S.). To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/robotic-process-automation-market-5282 Key questions answered in the report- • Which are the high-growth market segments based on robot type and end user? • What was the historical market size for robots-as-a-service? • What are the market forecasts and estimates for the period 2024–2030? • What are the major drivers, restraints, opportunities, and challenges in the robots-as-a- service market? • Who are the major players, and what shares do they hold in the robots-as-a-service market? • How is the competitive landscape in the robots-as-a-service market? • What are the recent developments in the robots-as-a-service market? • What are the different strategies adopted by the major players in the robots-as-a-service market? • What are the key geographic trends, and which are the high-growth countries? Contact Meticulous Email- sales@meticulousresearch.com Contact Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research Us: Research® Sales- +1-646-781-8004 Page 2 of 2 © Meticulous Research| sales@meticulousresearch.com