Social Robots Market
Social Robots Market Size, Share & Trends Analysis Report by Robot Type (Humanoid Robots, Companion Robots, Collaborative Robots, Educational Robots, and Others), by Application (Healthcare and Elderly Care, Education and Research, Retail and Hospitality, Entertainment and Gaming, Customer Service, and Others), and by End-Use Industry (Healthcare, Education, Retail, Hospitality, Manufacturing, and Others) Forecast Period (2023-2030)
Social robots market is anticipated to grow at a CAGR of 19.2% during the forecast period. The market growth is attributed to factors such as technological advancements in artificial intelligence (AI) and robotics technology, and the increasing adoption of social robots in various industries. Other factors including improved healthcare outcomes, enhanced educational experiences, and personalized customer service, are also anticipated to fuel the demand for social robots across the globe. Hence, to cater to the rising demand market players are coming up with new and advanced solutions. For instance, in March 2020, KOMPAÏ Robotics launched its Kompaï robot, which is designed to assist in hospitals and nursing homes. The robot’s hardware and ROS-based software are intended to be easy for facilities to adopt and customize. The Kompaï mobile robot can store and share medical data, which assists patients with mobility and provide entertainment and social engagement to older people.
Segmental Outlook
The global social robots market is segmented based on its robot type, application, and end-use industry. Based on robot type, the market is sub-segmented into humanoid robots, companion robots, collaborative robots, educational robots, and others. Based on application, the market is sub-segmented into healthcare and elderly care, education and research, retail and hospitality, entertainment and gaming, customer service, and others. Based on the end-use industry, the market is categorized into healthcare, education, retail, hospitality, manufacturing, and others. Among the application, the healthcare and elderly care application is expected to witness significant growth, driven by the increasing adoption of social robots for patient care, rehabilitation, and providing companionship to the elderly.
The Healthcare Sub-Segment is Expecetd to Hold a Prominent Share of the Global Social Robots Market
Among the end-use industry, the healthcare sub-segment expected to dominate the market, owing to the wide range of applications and benefits offered by social robots in healthcare settings. Advancements in robotic technology particularly in the healthcare sector to assist patients suffering from various interpersonal and cognitive disorders is fueling the growth of the market. For instance, in December 2021, Movia Robotics launched its TheraPal line of digital health aids for autism spectrum disorder and other intellectual or developmental disabilities. The robotic aides are designed to be used by parents, therapists, and other healthcare professionals for the development and learning of individuals with neurodevelopmental or intellectual challenges, according to the company. Movia’s robot-assisted intervention is a friendly, digital tool that uses applied behavior analysis and other evidence-based methods with gamification techniques to allow children and older individuals to practice a broad range of life skills and confidence-building activities.
Regional Outlooks
The global social robots market is further segmented based on geography, including North America (the US and Canada), Europe (Italy, Spain, Germany, France, and others), Asia-Pacific (India, China, Japan, South Korea, and others), and the Rest of the World (the Middle East & Africa and Latin America). The market can be analyzed for a particular region or country level as per the requirement. Among these, the Asia-Pacific region is projected to experience considerable growth over the forecasted period. Factors such as rapid industrialization and technological advancements are contributing to the regional market growth.
Global Social Robots Market Growth, by Region 2023-2030
North America is anticipated to Hold a Significant Share in the Global Social Robots Market
Among all the regions, North America is anticipated to hold a significant market share in the global social robots market. The region has witnessed early adoption and significant investments in robotics and AI technologies. For instance, in May 2023, Figure, a startup that works to build general-purpose humanoid robots, raised $70 million from investors led by Parkway Venture Capital in its first external round. The new funding will be used to accelerate the development and manufacturing of the company’s upcoming autonomous humanoid. Further, the expansion of market players to the North America region to cater to the rising demand is anticipated to propel the growth of social robots in the region. For instance, in January 2022, Furhat Robotics, acquired the business assets of Colorado-based social robotics startup Misty Robotics, creators of the social robot, Misty. The acquisition establishes an American base of operations for Furhat Robotics and will enable further expansion and development of the next generation of social robots utilizing both the Furhat and Misty robots and teams.
Market Players Outlook
The major companies serving the global Social Robots market include Amy Robotics Co. Ltd., Blue Frog Robotics SAS, Intuition Robotics Ltd, Double Robotics Inc., BotsAndUs Ltd, and AoBo Information Technology CoLtd. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in March 2022, Kinova unveiled a collaborative robot in Canada. It features automation solutions that enable greater daily efficiency while improving the quality and consistency of production results. Key applications at launch will be pick-and-place, part assembly, and machine tending. Kinova’s Link 6 controller provides the high processing power and memory capacity on the market, making it ready to use with the AI solutions of the future, while keeping the size of the controller compact.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global social robots market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Blue Frog Robotics SAS
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Hanson Robotics Ltd.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Wonder Workshop Inc.
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Key Strategy Analysis
4. Market Segmentation
4.1. Global Social Robots Market Market by Robot Type
4.1.1. Humanoid Robots
4.1.2. Companion Robots
4.1.3. Collaborative Robots
4.1.4. Educational Robots
4.1.5. Others
4.2. Global Social Robots Market Market by Application
4.2.1. Healthcare and Elderly Care
4.2.2. Education and Research
4.2.3. Retail and Hospitality
4.2.4. Entertainment and Gaming
4.2.5. Customer Service
4.2.6. Others
4.3. Global Social Robots Market Market by End-Use Industry
4.3.1. Healthcare
4.3.2. Education
4.3.3. Retail
4.3.4. Hospitality
4.3.5. Manufacturing
4.3.6. Others
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Amy Robotics Co. Ltd.
6.2. AoBo Information Technology Co. Ltd.
6.3. Blue Ocean Robotics ApS
6.4. BotsAndUs Ltd.
6.5. Camanio AB
6.6. Double Robotics Inc.
6.7. Embodied Inc.
6.8. Furhat Robotics AB
6.9. Haapie SAS
6.10. Intuition Robotics Ltd.
6.11. Kinova Inc.
6.12. Kompai Robotics
6.13. Matia Robotics Inc.
6.14. Motorika Inc.
6.15. MoviaRobotics Inc.
6.16. OhmniLabs Inc.
6.17. SZ DJI Technology Co. Ltd.
1. GLOBAL SOCIAL ROBOTS MARKET MARKET RESEARCH AND ANALYSIS BY ROBOT TYPE, 2022-2030 ($ MILLION)
2. GLOBAL HUMANOID ROBOTS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
3. GLOBAL COMPANION ROBOTS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
4. GLOBAL COLLABORATIVE ROBOTS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
5. GLOBAL EDUCATIONAL ROBOTS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
6. GLOBAL OTHERS SOCIAL ROBOTS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
7. GLOBAL SOCIAL ROBOTS MARKET MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
8. GLOBAL SOCIAL ROBOTS FOR HEALTHCARE AND ELDERLY CARE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
9. GLOBAL SOCIAL ROBOTS FOR EDUCATION AND RESEARCH MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
10. GLOBAL SOCIAL ROBOTS FOR RETAIL AND HOSPITALITY MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
11. GLOBAL SOCIAL ROBOTS FOR ENTERTAINMENT AND GAMING MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
12. GLOBAL SOCIAL ROBOTS FOR CUSTOMER SERVICE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
13. GLOBAL SOCIAL ROBOTS FOR OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
14. GLOBAL SOCIAL ROBOTS MARKET MARKET RESEARCH AND ANALYSIS BY END-USE INDUSTRY, 2022-2030 ($ MILLION)
15. GLOBAL SOCIAL ROBOTS FOR HEALTHCARE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
16. GLOBAL SOCIAL ROBOTS FOR EDUCATION MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
17. GLOBAL SOCIAL ROBOTS FOR RETAIL MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
18. GLOBAL SOCIAL ROBOTS FOR HOSPITALITY MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
19. GLOBAL SOCIAL ROBOTS FOR MANUFACTURING MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
20. GLOBAL SOCIAL ROBOTS FOR OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
21. GLOBAL SOCIAL ROBOTS MARKET MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
22. NORTH AMERICAN SOCIAL ROBOTS MARKET MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
23. NORTH AMERICAN SOCIAL ROBOTS MARKET MARKET RESEARCH AND ANALYSIS BY ROBOT TYPE, 2022-2030 ($ MILLION)
24. NORTH AMERICAN SOCIAL ROBOTS MARKET MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
25. NORTH AMERICAN SOCIAL ROBOTS MARKET MARKET RESEARCH AND ANALYSIS BY END-USE INDUSTRY, 2022-2030 ($ MILLION)
26. EUROPEAN SOCIAL ROBOTS MARKET MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
27. EUROPEAN SOCIAL ROBOTS MARKET MARKET RESEARCH AND ANALYSIS BY ROBOT TYPE, 2022-2030 ($ MILLION)
28. EUROPEAN SOCIAL ROBOTS MARKET MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
29. EUROPEAN SOCIAL ROBOTS MARKET MARKET RESEARCH AND ANALYSIS BY END-USE INDUSTRY, 2022-2030 ($ MILLION)
30. ASIA-PACIFIC SOCIAL ROBOTS MARKET MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
31. ASIA-PACIFIC SOCIAL ROBOTS MARKET MARKET RESEARCH AND ANALYSIS BY ROBOT TYPE, 2022-2030 ($ MILLION)
32. ASIA-PACIFIC SOCIAL ROBOTS MARKET MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
33. ASIA-PACIFIC SOCIAL ROBOTS MARKET MARKET RESEARCH AND ANALYSIS BY END-USE INDUSTRY, 2022-2030 ($ MILLION)
34. REST OF THE WORLD SOCIAL ROBOTS MARKET MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
35. REST OF THE WORLD SOCIAL ROBOTS MARKET MARKET RESEARCH AND ANALYSIS BY ROBOT TYPE, 2022-2030 ($ MILLION)
36. REST OF THE WORLD SOCIAL ROBOTS MARKET MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
37. REST OF THE WORLD SOCIAL ROBOTS MARKET MARKET RESEARCH AND ANALYSIS BY END-USE INDUSTRY, 2022-2030 ($ MILLION)
1. GLOBAL SOCIAL ROBOTS MARKET MARKET SHARE BY ROBOT TYPE, 2022 VS 2030 (%)
2. GLOBAL HUMANOID ROBOTS MARKET SHARE BY REGION, 2022 VS 2030 (%)
3. GLOBAL COMPANION ROBOTS MARKET SHARE BY REGION, 2022 VS 2030 (%)
4. GLOBAL COLLABORATIVE ROBOTS BY MARKET SHARE REGION, 2022 VS 2030 (%)
5. GLOBAL EDUCATIONAL ROBOTS BY MARKET SHARE REGION, 2022 VS 2030 (%)
6. GLOBAL OTHERS SOCIAL ROBOTS BY MARKET SHARE REGION, 2022 VS 2030 (%)
7. GLOBAL SOCIAL ROBOTS MARKET MARKET SHARE BY APPLICATION, 2022 VS 2030 (%)
8. GLOBAL SOCIAL ROBOTS FOR HEALTHCARE AND ELDERLY CARE MARKET SHARE BY REGION, 2022 VS 2030 (%)
9. GLOBAL SOCIAL ROBOTS FOR EDUCATION AND RESEARCH MARKET SHARE BY REGION, 2022 VS 2030 (%)
10. GLOBAL SOCIAL ROBOTS FOR RETAIL AND HOSPITALITY MARKET SHARE BY REGION, 2022 VS 2030 (%)
11. GLOBAL SOCIAL ROBOTS FOR ENTERTAINMENT AND GAMING MARKET SHARE BY REGION, 2022 VS 2030 (%)
12. GLOBAL SOCIAL ROBOTS FOR CUSTOMER SERVICE MARKET SHARE BY REGION, 2022 VS 2030 (%)
13. GLOBAL SOCIAL ROBOTS FOR OTHERS MARKET SHARE BY REGION, 2022 VS 2030 (%)
14. GLOBAL SOCIAL ROBOTS MARKET MARKET SHARE BY END-USE INDUSTRY, 2022 VS 2030 (%)
15. GLOBAL SOCIAL ROBOTS FOR HEALTHCARE MARKET SHARE BY REGION, 2022 VS 2030 (%)
16. GLOBAL SOCIAL ROBOTS FOR EDUCATION MARKET SHARE BY REGION, 2022 VS 2030 (%)
17. GLOBAL SOCIAL ROBOTS FOR RETAIL MARKET SHARE BY REGION, 2022 VS 2030 (%)
18. GLOBAL SOCIAL ROBOTS FOR HOSPITALITY MARKET SHARE BY REGION, 2022 VS 2030 (%)
19. GLOBAL SOCIAL ROBOTS FOR MANUFACTURING MARKET SHARE BY REGION, 2022 VS 2030 (%)
20. GLOBAL SOCIAL ROBOTS FOR OTHERS MARKET SHARE BY REGION, 2022 VS 2030 (%)
21. GLOBAL SOCIAL ROBOTS MARKET MARKET SHARE BY REGION, 2022 VS 2030 (%)
22. US SOCIAL ROBOTS MARKET MARKET SIZE, 2022-2030 ($ MILLION)
23. CANADA SOCIAL ROBOTS MARKET MARKET SIZE, 2022-2030 ($ MILLION)
24. UK SOCIAL ROBOTS MARKET MARKET SIZE, 2022-2030 ($ MILLION)
25. FRANCE SOCIAL ROBOTS MARKET MARKET SIZE, 2022-2030 ($ MILLION)
26. GERMANY SOCIAL ROBOTS MARKET MARKET SIZE, 2022-2030 ($ MILLION)
27. ITALY SOCIAL ROBOTS MARKET MARKET SIZE, 2022-2030 ($ MILLION)
28. SPAIN SOCIAL ROBOTS MARKET MARKET SIZE, 2022-2030 ($ MILLION)
29. REST OF EUROPE SOCIAL ROBOTS MARKET MARKET SIZE, 2022-2030 ($ MILLION)
30. INDIA SOCIAL ROBOTS MARKET MARKET SIZE, 2022-2030 ($ MILLION)
31. CHINA SOCIAL ROBOTS MARKET MARKET SIZE, 2022-2030 ($ MILLION)
32. JAPAN SOCIAL ROBOTS MARKET MARKET SIZE, 2022-2030 ($ MILLION)
33. SOUTH KOREA SOCIAL ROBOTS MARKET MARKET SIZE, 2022-2030 ($ MILLION)
34. REST OF ASIA-PACIFIC SOCIAL ROBOTS MARKET MARKET SIZE, 2022-2030 ($ MILLION)
35. REST OF THE WORLD SOCIAL ROBOTS MARKET MARKET SIZE, 2022-2030 ($ MILLION)
