Top 6 Companies Leading the Global Service Robotics Market

Dematic Holding S.à r.l., Omron Corporation, Kollmorgen Corporation, Daifuku Co., Ltd., Intuitive Surgical, Inc., and KUKA AG, among others, are the major players in the global market for service robotics.

As per the analysis by Expert Market Research, the global service robotics market is being driven by the increasing sales of service robots, which is anticipated to grow at a CAGR of 23% in the forecast period of 2023-2028.

The healthcare sector is expected to contribute significantly to the growth of the service robotics industry as robots provide assistance in various applications in the medical field. They also help to improve surgical systems and enhance the experience of patients. 

Key players in the sector are expanding their investments, and are collaborating more frequently with the top healthcare organisations, which is fuelling the growth of the global service robotics market. For instance, a major industry participant, Intuitive Surgical Inc., made considerable expenditures in its surgical technologies and for improvements of patient experiences overall. It is anticipated that these advancements would increase the need for service robots in the healthcare sector.

The Asia Pacific region is expected to provide significant growth in the forecast period. Rising demand of robots for professional and personal uses will aid the service robotics market with innovation and upcoming technologies. Japan, a leading supplier of robotics solutions, is anticipated to grow both technically and in terms of market share during the forecast period.

In July 2020, Omron announced its ‘Robotic Integrated Controller’ to control fully automated robotic production systems. Customers can increase the speed and accuracy of their production due to this technology's flawless synchronisation of automation technology. They can also simulate entire production equipment without having to deploy physical equipment, making maintenance easier, and shortening time-to-market during the design, planning, commissioning, and changeover processes. 

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Top 6 Global Service Robotics Companies:

Omron Corporation 

Omron Corporation is one of the leading companies in advanced industrial automation, electronic and mechanical components, and healthcare sectors. It manufactures factory automation systems, control equipment, automotive electronics, and electric components. The company solves social issues through technological evolution. 

Daifuku Co., Ltd.

Daifuku is a leader in providing material handling systems along with the development and manufacturing of a full range of automation and logistical solutions. The company provides a wide variety of solutions and technologies for the support of customers and society. 

Dematic Holding S.à r.l.

Dematic creates, develops, deploys, and supports automated system solutions for distribution centres, manufacturing plants, and warehouses. The company’s robotic systems replace labour with automated solutions for warehouse and back-to-store functions. The robots are designed using sophisticated technology and are integrated with artificial intelligence. They also use IoT and cloud technologies to monitor and maintain options to keep robotics up-to-date.

Intuitive Surgical, Inc.

Intuitive Surgical is a company that manufactures, develops, and markets robotic products to enhance the clinical outcomes of patients. They have been solving problems for the healthcare sector through innovations in robotic systems. The company is one of the pioneers of robotic-assisted surgery through the da Vinci surgical system and is used by surgeons to conduct many types of surgeries.

Kollmorgen Corporation 

Kollmorgen is a global leader in manufacturing motor solutions for the robotics industry. The company has high motion performance and automation capabilities tailored to any application. Their motion system delivers significant response and control in a more compact footprint which is easy to install and is flexible. Some of their products include motion systems, drives, motors, gear heads, and AGV systems. 

KUKA AG

One of the top automation experts in the world, KUKA offers its services and goods in a wide range of sectors, from manufacturing cells and turnkey systems to networked productions using cloud-based IT solutions. Robot systems, automated guided vehicle systems, mobility, and process technologies are the company's four main product divisions.