Asia Pacific Social Robots Market size was valued at USD 6,425.7 Million in 2024 and is expected to reach USD 53,180.9 Million by 2033, at a CAGR of 27.76% during the forecast period 2024 – 2033.
Social Robots use social and behavioral skills to perform and operate various tasks in many end-use applications. Social robots interact and communicate with the social communication etiquettes. Social robots find their applications in office work, medicine, hotel use, cooking, marketing, entertainment, hobbies, recreation, and nursing care applications.
Various factors such as such growing investment in the research & development of the social robotics field, increasing supportive policies, rapidly expanding end use industries, growing usage of social robots in educational and medical applications, increasing integration of emerging technologies in the social robotics and rising demand for social robots in consumer goods and retail industry are expected to drive the market growth during the forecast period.
However, factors such as the lack of universal directives regarding the use of social robots coupled with stringent regulations related to data breaches, cybersecurity concerns related to social robots, safety concerns related to social robots, and job displacement issues are restraining the market’s growth.
Key trends observed in the market include the adoption of social robots in automotive and educational applications. Automotive manufacturers are collaborating with social robotics manufacturers to build and develop customized social robotics solutions to enhance automotive products’ production capacities and quality. The growing adoption of social robots in E-commerce applications for packaging and logistics support is expected to create lucrative opportunities for the market during the forecast period.
Asia Pacific social robots market is segmented by component, technology, end user, and region. By Component, the Asia Pacific social robots market is segmented into hardware, software, and services. Among these, the hardware segment dominated the global social robots market and is expected to dominate during the forecast period owing to the low cost of hardware-based social robots and supportive government policies. Hardware component-based social robots are used in many end-use applications, such as consumer goods and retail, medical, automotive, etc., to enhance production capacities and improve the quality of operations.
By region, China dominated the Asia Pacific social robots market and is expected to maintain its dominance during the forecast period owing to the growing investment in social robots and supportive government policies. Various factors such as increasing research and development activities in the social robotics sectors and emerging technologies, growing disposable income, rapidly growing geriatric population and structured regulatory framework are mainly driving the market growth of this region. Japan is expected to grow at the fastest CAGR during the forecast period owing to well-established end-use industries and the availability of the primary critical players in this region.
Report Scope
Feature of the Report | Details |
Market Size in 2024 | USD 6,425.7 Million |
Projected Market Size in 2033 | USD 53,180.9 Million |
Market Size in 2023 | USD 3,670 Million |
CAGR Growth Rate | 27.76% CAGR |
Base Year | 2023 |
Forecast Period | 2024-2033 |
Key Segment | By Component, Technology, End Use Industry and Region |
Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
Regional Scope | NAsia Pacific |
Buying Options | Request tailored purchasing options to fulfil your research requirements. |
CMI has comprehensively analyzed the Asia Pacific Social Robots market. The driving forces, restraints, challenges, opportunities, and key trends have been explained in depth to depict an in-depth market scenario. Segment-wise market size and market share during the forecast period have been duly addressed to portray the probable picture of this Asia Pacific Social Robots industry.
The competitive landscape includes key innovators, after-market service providers, market giants, and niche players, who are studied and analyzed extensively with respect to their strengths, weaknesses, and value-adding prospects. In addition, this report covers key players’ profiles, market shares, mergers and acquisitions, consequent market fragmentation, and new trends and dynamics in partnerships.
List of the prominent players in the Asia Pacific Social Robots Market:
- AlterG Inc.
- ABB Limited
- Kiva Systems
- Toshiba Corporation
- Kuka AG
- Singapore Technologies Engineering Ltd
- InVia Robotics Inc.
- Fanuc Corporation
- Honeywell International Inc.
- Bionik Laboratories Corp.
- Blue Frog Robotics SAS
- Blue Ocean Robotics ApS
- Embodied Inc.
- Furhat Robotics AB
- Haapie SAS
- Intuition Robotics Ltd.
- Knightscope Inc.
- Motorika USA Inc.
- MOVIA Robotics Inc.
- SoftBank Robotics
- Others
The Asia Pacific Social Robots Market is segmented as follows:
By Component
- Hardware
- Software
- Services
By Technology
- Machine Learning
- Computer Vision
- Context Awareness
- Natural Language Processing
By End Use Industry
- Healthcare & Pharmaceutical
- Education
- Media and Entertainment
- Consumer Goods & Retail
- Electrical and Electronics
- Automotive
- Others
Regional Coverage:
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific