What is the current Commercial Robotics Market size?

The Commercial Robotics Market is projected to register a CAGR of 33.65% during the forecast period (2024-2029) Read More

Who are the key players in Commercial Robotics Market?

Yaskawa Electric Corporation, Northrop Grumman Corporation, Kuka AG, iRobot Corporation and Omron Adept Technologies Inc. are the major companies operating in the Commercial Robotics Market. Read More

Which is the fastest growing region in Commercial Robotics Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Commercial Robotics Market?

In 2024, the North America accounts for the largest market share in Commercial Robotics Market. Read More

What years does this Commercial Robotics Market cover?

The report covers the Commercial Robotics Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Commercial Robotics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Commercial Robots Market - Size, Share & Industry Analysis

Commercial Robots Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Global Commercial Robotics Market is Segmented by Type of Robot (Drones, Field Robots, Medical Robots, Autonomous Guided Robotics), Application (Medical and Healthcare, Defense and Security, Agriculture and Forestry, Marine), and Geography (North America, Europe, Asia Pacific, Latin America, MEA). The market size and forecasts are provided in terms of value (USD million) for all the above segments.

Commercial Robotics Industry Overview

The commercial robotics market is highly fragmented, as expenditure on commercial robots is rapidly increasing due to their superior benefits. The increasing investments, especially in the medical robotics segment, coupled with technological innovations and product launches by the industry players, are expected to drive the commercial robotics market. Some key players in the market are Northrop Grumman Corp., Yaskawa Electric Corporation, Kuka AG, iRobot Corporation, Honda Motor Company Limited, Omron Adept Technologies Inc., and 3D Robotics Inc., among others.

November 2022 - Brain Corporation launched a next-generation autonomy platform for commercial robotics. The third-generation platform represents the evolution of Brain Corp's BrainOS autonomous robotic operating system, which currently powers over 20,000 autonomous robots operating in public spaces and has been developed to underpin a future generation of intelligent robotic solutions to be used across multiple commercial sectors.
July 2022 - Leidos announced the development of a medium-sized unmanned underwater vehicle (UUV) for marine environmental sensing and counter-mine warfare under terms of a USD 12 million contract with U.S. Naval Sea Systems Command in Washington.