Global Robotics as a Service Market Size Study & Forecast, by Type by Application, by Vertical and Regional Analysis, 2022-2029

Description

List of Tables

Global Robotics as a Service (RaaS) Market is valued at approximately USD 1.3 billion in 2021and is anticipated to grow with a healthy growth rate of more than 17.4% over the forecast period 2022-2029.Robotics as a Service (RaaS) is a cloud computing unit that streamlines the integration of robots and embedded devices into the web and cloud environment.RaaS is a business model developed by robotics companies for reduced risks and provides scalable solutions for users. The key benefit of this technology is that it eliminates the need rformanual IT support by increasing the effectivenessand efficiency of robotic procedures. Additionally, emerging Industry 4.0 and the rising adoption of big data analytics are driving the market for Robotics as a Service.

The emerging trends of Industry 4.0 are driving the market for Robotics-as-a-Service. The global anticipation of Industry 4.0 is USD 165.5 billion by 2026 with a CAGR of 20.6%. This relies on Artificial Intelligence (AI), the Internet of Things (IoT), and cloud infrastructure. For instance, the number of IoT devices globally is forecast to reach 30 million by 2030. RaaS in industry 4.0 allows every business to benefit from automation and robotics without much initial investment. The rising adoption of big data analytics is also boosting the demand for Robotics-as-a-Service. The market size for big data in 2021 accounted for 241 billion and is expected to reach USD 655 Billion by 2029. The highest share in big data analytics is expected to be of software nearly about 45% by 2027. Moreover, continuous advancements in the formulation and the emergence of Industry 5.0 are major factors creating market opportunities for Robotics-as-a-Service(RaaS) Market. However, the high maintenance cost of Robotics as a Service (RaaS) stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Robotics as a Service (RaaS)Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Europe dominated the market for Robotics-as-a-Service (RaaS) due to the rising demand for robots in the region. The higher number of manufacturers is due to emerging demands for robots from several industries such as medical. Logistics and defense is also the major driver for the market of RaaS. Asia Pacific is expected to be the fastest-growing region over the forecast period. The higher cost of manual labor these days is shifting industries towards the use of robotics in manufacturing processes. Various government initiatives and the adoption of Artificial Intelligence (AI) and the Internet of Things (IoT) are also fueling the market demand.

Major market players included in this report are:

Berkshire Grey, Inc.
KUKA AG
Locus Robotics, Inc.
Knightscope, Inc.
Cyberdyne Inc.
Sarcos Technology and Robotics Corporation
Relay Robotics, Inc.
Rapyuta Robotics
RedZone Robotics Inc.
Locus Robotics

Recent Developments in the Market:

In November 2022, a new launch by KUKA for its industrial robot was designed to bear a weight of up to 6 kg. The robot is effective for various industries such as food & beverage and pharmaceuticals.
In September 2022, Knightscope Inc. introduced a comprehensive and real-time data intelligence solution. This solution helped public officials with hyper-local information for improved awareness.

Global Robotics as a Service (RaaS) Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered: Type, Application, Vertical,Region

Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporatespotential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Type offerings of key players. The detailed segments and sub-segment of the market are explained below.

ByType:

Professional
Personal

By Application:

Handling
Assembling & Disassembling
Dispensing
Processing
Welding & Soldering
Others

By Vertical:

Manufacturing
Automotive
Aerospace & Defense
Logistics
Healthcare
Retail
Food & Beverage
Media & Entertainment
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Robotics as a Service (RaaS)Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Robotics as a Service (RaaS)Market, by Type,2019-2029 (USD Billion)
- 1.2.3. Robotics as a Service (RaaS) Market, by Application, 2019-2029 (USD Billion)
- 1.2.4. Robotics as a Service (RaaS) Market, by Vertical, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Robotics as a Service (RaaS) Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Robotics as a Service (RaaS) Market Dynamics

3.1. Robotics as a Service (RaaS) Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Emerging Industry 4.0
  - 3.1.1.2. Adoption of Big Data Analytics.
- 3.1.2. Market Challenges
  - 3.1.2.1. High Maintenance Cost of Robotics as a Service (RaaS)
- 3.1.3. Market Opportunities
  - 3.1.3.1. Advancements in Formulation.
  - 3.1.3.2. Emergence of Industry 5.0

Chapter 4. Global Robotics as a Service (RaaS) Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Robotics as a Service (RaaS) Market, by Type

6.1. Market Snapshot
6.2. Global Robotics as a Service (RaaS) Market by Type, Performance - Potential Analysis
6.3. Global Robotics as a Service (RaaS) Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
6.4. Robotics as a Service (RaaS)Market, Sub Segment Analysis
- 6.4.1. Professional
- 6.4.2. Personal

Chapter 7. Global Robotics as a Service (RaaS) Market, by Application

7.1. Market Snapshot
7.2. Global Robotics as a Service (RaaS) Market by Application, Performance - Potential Analysis
7.3. Global Robotics as a Service (RaaS) Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
7.4. Robotics as a Service (RaaS) Market, Sub Segment Analysis
- 7.4.1. Handling
- 7.4.2. Assembling & Disassembling
- 7.4.3. Dispensing
- 7.4.4. Processing
- 7.4.5. Welding & Soldering
- 7.4.6. Others

Chapter 8. Global Robotics as a Service (RaaS) Market, by Vertical

8.1. Market Snapshot
8.2. Global Robotics as a Service (RaaS) Market by Vertical, Performance - Potential Analysis
8.3. Global Robotics as a Service (RaaS) Market Estimates & Forecasts by Vertical 2019-2029 (USD Billion)
8.4. Robotics as a Service (RaaS) Market, Sub Segment Analysis
- 8.4.1. Manufacturing
- 8.4.2. Automotive
- 8.4.3. Aerospace & Defense
- 8.4.4. Logistics
- 8.4.5. Healthcare
- 8.4.6. Retail
- 8.4.7. Food & Beverage
- 8.4.8. Media & Entertainment
- 8.4.9. Others

Chapter 9. Global Robotics as a Service (RaaS) Market, Regional Analysis

9.1. Robotics as a Service (RaaS)Market, Regional Market Snapshot
9.2. North America Robotics as a Service (RaaS) Market
- 9.2.1. U.S. Robotics as a Service (RaaS)Market
  - 9.2.1.1. Type breakdown estimates & forecasts, 2019-2029
  - 9.2.1.2. Application breakdown estimates & forecasts, 2019-2029
  - 9.2.1.3. Vertical breakdown estimates & forecasts, 2019-2029
- 9.2.2. Canada Robotics as a Service (RaaS)Market
9.3. Europe Robotics as a Service (RaaS) Market Snapshot
- 9.3.1. U.K. Robotics as a Service (RaaS)Market
- 9.3.2. Germany Robotics as a Service (RaaS)Market
- 9.3.3. France Robotics as a Service (RaaS)Market
- 9.3.4. Spain Robotics as a Service (RaaS)Market
- 9.3.5. Italy Robotics as a Service (RaaS)Market
- 9.3.6. Rest of Europe Robotics as a Service (RaaS)Market
9.4. Asia-Pacific Robotics as a Service (RaaS) Market Snapshot
- 9.4.1. China Robotics as a Service (RaaS)Market
- 9.4.2. India Robotics as a Service (RaaS)Market
- 9.4.3. Japan Robotics as a Service (RaaS)Market
- 9.4.4. Australia Robotics as a Service (RaaS)Market
- 9.4.5. South Korea Robotics as a Service (RaaS)Market
- 9.4.6. Rest of Asia Pacific Robotics as a Service (RaaS)Market
9.5. Latin America Robotics as a Service (RaaS) Market Snapshot
- 9.5.1. Brazil Robotics as a Service (RaaS)Market
- 9.5.2. Mexico Robotics as a Service (RaaS)Market
9.6. Rest of The World Robotics as a Service (RaaS)Market

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies
10.2. Company Profiles
- 10.2.1. Berkshire Grey, Inc.
  - 10.2.1.1. Key Information
  - 10.2.1.2. Overview
  - 10.2.1.3. Financial (Subject to Data Availability)
  - 10.2.1.4. Product Summary
  - 10.2.1.5. Recent Developments
- 10.2.2. KUKA AG
- 10.2.3. Locus Robotics, Inc.
- 10.2.4. Knightscope, Inc.
- 10.2.5. Cyberdyne Inc.
- 10.2.6. Sarcos Technology and Robotics Corporation
- 10.2.7. Relay Robotics, Inc.
- 10.2.8. Rapyuta Robotics Co. Ltd.
- 10.2.9. RedZone Robotics Inc.
- 10.2.10. Locus Robotics Corp.

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Robotics as a Service (RaaS)Market, report scope
TABLE 2. Global Robotics as a Service (RaaS) Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Robotics as a Service (RaaS) Market estimates & forecasts by Type 2019-2029 (USD Billion)
TABLE 4. Global Robotics as a Service (RaaS) Market estimates & forecasts by Application 2019-2029 (USD Billion)
TABLE 5. Global Robotics as a Service (RaaS) Market estimates & forecasts by Vertical 2019-2029 (USD Billion)
TABLE 6. Global Robotics as a Service (RaaS) Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Robotics as a Service (RaaS) Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Robotics as a Service (RaaS) Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Robotics as a Service (RaaS) Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Robotics as a Service (RaaS) Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Robotics as a Service (RaaS) Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Robotics as a Service (RaaS) Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Robotics as a Service (RaaS) Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Robotics as a Service (RaaS) Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global Robotics as a Service (RaaS) Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Robotics as a Service (RaaS) Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. U.S. Robotics as a Service (RaaS) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. U.S. Robotics as a Service (RaaS) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. Canada Robotics as a Service (RaaS) Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 20. Canada Robotics as a Service (RaaS) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. Canada Robotics as a Service (RaaS) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. UK Robotics as a Service (RaaS) Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 23. UK Robotics as a Service (RaaS) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. UK Robotics as a Service (RaaS) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. Germany Robotics as a Service (RaaS) Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 26. Germany Robotics as a Service (RaaS) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. Germany Robotics as a Service (RaaS) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 28. France Robotics as a Service (RaaS) Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 29. FranceRobotics as a Service (RaaS) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. FranceRobotics as a Service (RaaS) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 31. ItalyRobotics as a Service (RaaS) Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 32. ItalyRobotics as a Service (RaaS) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. ItalyRobotics as a Service (RaaS) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 34. SpainRobotics as a Service (RaaS) Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 35. SpainRobotics as a Service (RaaS) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. SpainRobotics as a Service (RaaS) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 37. RoE Robotics as a Service (RaaS) Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 38. RoE Robotics as a Service (RaaS) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. RoE Robotics as a Service (RaaS) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 40. China Robotics as a Service (RaaS) Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 41. China Robotics as a Service (RaaS) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. China Robotics as a Service (RaaS) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 43. India Robotics as a Service (RaaS) Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 44. India Robotics as a Service (RaaS) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. India Robotics as a Service (RaaS) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 46. Japan Robotics as a Service (RaaS) Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 47. Japan Robotics as a Service (RaaS) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. Japan Robotics as a Service (RaaS) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 49. South Korea Robotics as a Service (RaaS) Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 50. South Korea Robotics as a Service (RaaS) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. South Korea Robotics as a Service (RaaS) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 52. Australia Robotics as a Service (RaaS) Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 53. Australia Robotics as a Service (RaaS) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. Australia Robotics as a Service (RaaS) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 55. RoAPAC Robotics as a Service (RaaS) Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 56. RoAPAC Robotics as a Service (RaaS) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. RoAPAC Robotics as a Service (RaaS) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 58. Brazil Robotics as a Service (RaaS) Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 59. Brazil Robotics as a Service (RaaS) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Brazil Robotics as a Service (RaaS) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 61. Mexico Robotics as a Service (RaaS) Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 62. Mexico Robotics as a Service (RaaS) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. Mexico Robotics as a Service (RaaS) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 64. RoLA Robotics as a Service (RaaS) Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 65. RoLA Robotics as a Service (RaaS) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. RoLA Robotics as a Service (RaaS) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 67. Row Robotics as a Service (RaaS) Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 68. Row Robotics as a Service (RaaS) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. Row Robotics as a Service (RaaS) Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Robotics as a Service (RaaS)Market
TABLE 71. List of primary sources, used in the study of global Robotics as a Service (RaaS)Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Robotics as a Service (RaaS)Market, research methodology
FIG 2. Global Robotics as a Service (RaaS)Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Robotics as a Service (RaaS)Market, key trends 2021
FIG 5. Global Robotics as a Service (RaaS)Market, growth prospects 2022-2029
FIG 6. Global Robotics as a Service (RaaS)Market, porters 5 force model
FIG 7. Global Robotics as a Service (RaaS)Market, pest analysis
FIG 8. Global Robotics as a Service (RaaS)Market, value chain analysis
FIG 9. Global Robotics as a Service (RaaS) Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Robotics as a Service (RaaS) Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Robotics as a Service (RaaS) Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Robotics as a Service (RaaS) Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Robotics as a Service (RaaS) Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Robotics as a Service (RaaS)Market, regional snapshot 2019 & 2029
FIG 15. North America Robotics as a Service (RaaS)Market2019 & 2029 (USD Billion)
FIG 16. Europe Robotics as a Service (RaaS)Market2019 & 2029 (USD Billion)
FIG 17. Asia pacific Robotics as a Service (RaaS)Market2019 & 2029 (USD Billion)
FIG 18. Latin America Robotics as a Service (RaaS)Market2019 & 2029 (USD Billion)
FIG 19. Global Robotics as a Service (RaaS)Market, company Market share analysis (2021)