Robotics Advisory Service Market Report 2024 (Global Edition)

Global Robotics Advisory Service Market Report 2024 Market Size Split by Type (Public, Private, Hybrid), by Service (Strategic Consulting, Technical Consulting, Financial Consulting, Operational Consu...

Robotics Advisory Service Market Report Description

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Robotics Advisory Service Market Insights Video

Competitive Landscape of the Robotics Advisory Service Market

The market for robotics advisory services is very competitive, with both well-known consulting behemoths providing a wide range of services, including robotics, and specialized consultancies with in-depth knowledge of certain robotics applications for particular industries. Strongholds in robotics hardware and software may allow technology providers to offer consulting services in order to market their own products. As dynamic ecosystem is created in which businesses can select advisors who possess a broad understanding of robotics across industries, or specialists who are experts in a specific robotics niche.

June 2022: Together, Intuitive Surgical and Siemens integrated the Ion Endoluminal System, which is used for robot-assisted bronchoscopy, with a mobile cone-beam CT (CBCT) imaging system. (Source: https://www.prnewswire.com/news-releases/amazon-and-irobot-sign-an-agreement-for-amazon-to-acquire-irobot-301600720.html) March 2022: JD.com, Inc. has launched autonomous delivery robots in Shanghai to provide contactless last-mile delivery through its logistics division, JD Logistics. These robots have a load capacity of 100 kg and a driving range of 80 km on a single charge. (Source: https://www.techinasia.com/jd-launches-robots-contactless-delivery-shanghai)

Top Companies Market Share in Robotics Advisory Service Industry: (In no particular order of Rank)

• iRobot (US)
• Intuitive Surgical (US)
• Daifuku (Japan)
• Samsung Electronics Co. Ltd. (South Korea)
• JD.com Inc. (China)
• DeLaval (Sweden)
• DJI (China)
• Kongsberg Maritime (Norway)
• Northrop Grumman (US)
• Neato Robotics (US)
• KUKA (Germany)
• Lely (Netherlands)
• ECA Group (France)
• 3DR (US)
• Stryker Corporation (US)
• HARVEST CROO (US)
• Starship Technologies (US)
• PARROT SA (France)
• General Electric (US)
• Amazon Robotics (US)
• Diligent(US)
• AMP Robotics (US)
• UVD Robots (Denmark)
• XAG (China)
• and Exyn Technologies (US).
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Regional Analysis of the Robotics advisory service market

Which Region Dominates the Robotics Advisory Service market in 2024?

According to Cognitive Market Research, the demand for robotics consultancy services was driven by the region's strong emphasis on technological breakthroughs, a well-established manufacturing industry, and an increasing need for automation across numerous industries. The adoption of robotics solutions and innovation were encouraged by the existence of significant research institutions and technology businesses in North America. The region's supremacy in the robotics market can be attributed to its good economic conditions and significant investments in research and development of robotics. The market for robotics advisory services in North America has grown as a result of the growing use of robotics in sectors like healthcare, logistics, automotive, and aerospace. Businesses in the area looked to professionals for advice on how to deal with the challenges of integrating robotics solutions, streamlining workflows, and maximizing investment returns.

Which Region is Expanding at the Fastest CAGR?

The Robotics Advisory Service Market is anticipated to grow at the fastest rate possible in the Asia Pacific area during the forecast period, with the highest Compound Annual Growth Rate (CAGR). Automation is becoming more and more common in many industries thanks to the fast industrialization and economic growth of nations like China, India, Japan, and South Korea. Robotics advice services are in high demand due to the region's extensive manufacturing base and growing need for automation to increase productivity and efficiency. The Asia Pacific region's abundance of robotics businesses and the increased emphasis on technical developments are factors driving the market's rapid expansion. This region's nations are aggressively funding robotics R&D, which is increasing demand for professional advice services to stay ahead of the curve.

The current report Scope analyzes Robotics Advisory Service Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Robotics Advisory Service

According to Cognitive Market Research, the global Robotics advisory service market size was estimated at USD 21584.5 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 8633.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.5% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Robotics advisory service market with a market size of USD 6812.07 million in 2024 and is projected to grow at a CAGR of 11.3% during the forecast period. Strong education system and technological advancements.
• The Canada Robotics advisory service market had a market share of USD 1036.06 million in 2024 and is projected to grow at a CAGR of 12.3% during the forecast period. High level of human capital and strategic investments in innovation.
• The Mexico Robotics advisory service market is projected to witness growth at a CAGR of 12.0% during the forecast period, with a market size of USD 785.68 million in 2024.

Europe Robotics Advisory Service

According to Cognitive Market Research, the global Robotics advisory service market size was estimated at USD 21584.5 Million out of which Europe held the market of more than 30% of the global revenue with a market size of USD 6475.35 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.8% from 2024 to 2031.

• The United Kingdom Robotics advisory service market had a market share of USD 1087.86 million in 2024 and is projected to grow at a CAGR of 12.6% during the forecast period. Historical industrialization and ongoing investments in education and infrastructure.
• The France robotics advisory service market is projected to witness growth at a CAGR of 11.0% during the forecast period, with a market size of USD 595.73 million in 2024.
• According to Cognitive Market Research, the Germany Robotics advisory service market size was valued at USD 1282.12 million in 2024 and is projected to grow at a CAGR of 12.0% during the forecast period. Strong manufacturing sector and significant investments in research and development.
• The Italy robotics advisory service market is projected to witness growth at a CAGR of 11.2% during the forecast period, with a market size of USD 556.88 million in 2024.
• The Russia robotics advisory service market is projected to witness growth at a CAGR of 10.8% during the forecast period, with a market size of USD 1003.68 million in 2024.
• The Spain robotics advisory service market is projected to witness growth at a CAGR of 10.9% during the forecast period, with a market size of USD 530.98 million in 2024.
• The Luxembourg robotics advisory service market is projected to witness growth at a CAGR of 11.9% during the forecast period, with a market size of USD 200.74 million in 2024.
• The Portugal robotics advisory service market is projected to witness growth at a CAGR of 11.6% during the forecast period, with a market size of USD 135.98 million in 2024.
• The Greece robotics advisory service market is projected to witness growth at a CAGR of 12.1% during the forecast period, with a market size of USD 77.70 million in 2024.
• The Rest of Europe robotics advisory service market is projected to witness growth at a CAGR of 10.5% during the forecast period, with a market size of USD 1003.68 million in 2024.

Asia Pacific Robotics Advisory Service

According to Cognitive Market Research, the global Robotics advisory service market size was estimated at USD 21584.5 Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 4964.44 million in 2024 and will grow at a compound annual growth rate (CAGR) of 15.3% from 2024 to 2031.

• According to Cognitive Market Research, the China Robotics advisory service market size was valued at USD 2234.00 million in 2024 and is projected to grow at a CAGR of 14.8% during the forecast period. Rapid industrialization and large-scale investments in infrastructure and technology.
• The Japan robotics advisory service market is projected to witness growth at a CAGR of 13.8% during the forecast period, with a market size of USD 685.09 million in 2024.
• The India Robotics advisory service market had a market share of USD 595.73 million in 2024 and is projected to grow at a CAGR of 17.1% during the forecast period. Large and growing population, significant investments in education and technology, and favorable business environment.
• The South Korea robotics advisory service market is projected to witness growth at a CAGR of 14.4% during the forecast period, with a market size of USD 496.44 million in 2024.
• The Australia robotics advisory service market is projected to witness growth at a CAGR of 15.0% during the forecast period, with a market size of USD 258.15 million in 2024.
• The South East Asia robotics advisory service market is projected to witness growth at a CAGR of 16.3% during the forecast period, with a market size of USD 342.55 million in 2024.
• The Rest of APAC robotics advisory service market is projected to witness growth at a CAGR of 15.1% during the forecast period, with a market size of USD 352.47 million in 2024.

South America Robotics Advisory Service

According to Cognitive Market Research, the global Robotics advisory service market size was estimated at USD 21584.5 Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 1079.23 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.7% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Robotics advisory service market size was valued at USD 461.91 million in 2024 and is projected to grow at a CAGR of 13.3% during the forecast period. Growing middle class and increasing investments in infrastructure and technology.
• Argentina Robotics advisory service market had a market share of USD 181.31 million in 2024 and is projected to grow at a CAGR of 13.6% during the forecast period. Strong agricultural sector and significant investments in education and infrastructure.
• The Colombia robotics advisory service market is projected to witness growth at a CAGR of 12.5% during the forecast period, with a market size of USD 96.05 million in 2024.
• The Peru robotics advisory service market is projected to witness growth at a CAGR of 12.9% during the forecast period, with a market size of USD 88.50 million in 2024.
• The Chile robotics advisory service market is projected to witness growth at a CAGR of 13.0% during the forecast period, with a market size of USD 77.70 million in 2024.
• The Rest of LATAM robotics advisory service market is projected to witness growth at a CAGR of 11.8% during the forecast period, with a market size of USD 173.76 million in 2024.

Middle East and Africa Robotics Advisory Service

According to Cognitive Market Research, the global Robotics advisory service market size was estimated at USD 21584.5 Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 431.69 million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.0% from 2024 to 2031.

• The GCC Countries Robotics advisory service market is projected to witness growth at a CAGR of 13.8% during the forecast period with a market size of USD 184.76 million in 2024. Large oil reserves and strategic investments in infrastructure and technology.
• The Egypt robotics advisory service market is projected to witness growth at a CAGR of 13.3% during the forecast period, with a market size of USD 45.33 million in 2024.
• The South Africa Robotics advisory service market is projected to witness growth at a CAGR of 14.0% during the forecast period, with a market size of USD 68.21 million in 2024. Growing economy and significant investments in education and infrastructure.
• The Turkey robotics advisory service market is projected to witness growth at a CAGR of 12.5% during the forecast period, with a market size of USD 37.13 million in 2024.
• The Nigeria robotics advisory service market is projected to witness growth at a CAGR of 12.1% during the forecast period, with a market size of USD 45.33 million in 2024.
• The Rest of MEA robotics advisory service market is projected to witness growth at a CAGR of 12.0% during the forecast period, with a market size of USD 50.94 million in 2024.

Robotics Advisory Service Market Analysis

Robotics Advisory Service market Type Segment Analysis

According to Cognitive Market Research, Private robotics advice services provide specialized strategies and solutions to meet the unique requirements of individual businesses or organizations. Businesses seeking to gain a competitive edge through customized robotics deployments and process efficiencies frequently turn to these services. Private consulting businesses offer comprehensive analysis, thorough evaluations, and tailored recommendations based on the particular needs of the customer, the dynamics of the industry, and operational difficulties. Private consulting services are the go-to option for businesses looking to gain a strategic edge through robotics adoption because of the specific attention and secrecy that these services provide.

In the Robotics Advisory Service Market by Type, the hybrid sector is anticipated to grow at the quickest rate. Hybrid advisory services are designed to meet the needs of a broad spectrum of clients by combining the finest features of public and private offerings. These services make use of publicly accessible data and resources in addition to the experience of industry experts. Hybrid advising firms offer a well-rounded strategy by combining personalized recommendations with standardized solutions. Because of this flexibility, firms can access a wide range of services, from basic industry information to strategies that are specifically tailored to meet their needs. Due to its flexibility in meeting different client demands, the hybrid model is expanding at a rapid pace as more businesses look for affordable and adaptable consulting solutions.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Robotics Advisory Service Industry. Request a Free Sample PDF!

Robotics Advisory Service Market Service Type Segment Analysis

According to Cognitive Market Research, the robotics advisory service market was led throughout the specified period by the strategic consulting segment. The need for strategic consultancy services increased as businesses realized more and more how strategically important robotics is to achieving operational excellence and competitive advantage. Experts offered insightful advice on long-term planning, spotting adoption potential for robotics, and matching robotics tactics with overarching corporate objectives. Their knowledge was useful in assessing how robotics would affect the company's cost structure, market positioning, and process optimization, among other areas. The provision of strategic consulting services was crucial in assisting organizations in navigating the intricate decision-making procedures linked to the integration of robotics.

The robotics advisory service market is expected to develop at the quickest rate in the technical consulting category. Companies need specific technical expertise to traverse the complicated environment of robotics due to the rapid improvements in robotics technology and the growing complexity of robotic systems. Technical experts provide advice on how to integrate robotics into the current infrastructure, choose the right hardware and software solutions, and guarantee smooth operation and maintenance. They offer insightful information on maximizing robotic performance, resolving problems, and guaranteeing adherence to rules and industry standards. There will be a sharp increase in demand for technical consulting services as robotics becomes more commonplace in a variety of businesses.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Robotics Advisory Service Industry Segment Analysis

Industry Segment Analysis

According to Cognitive Market Research, throughout the specified time frame, the robotics advisory services market was dominated by the manufacturing sector. The necessity for professional assistance in integrating and optimizing robotic systems increased dramatically as industrial processes became more automated and sophisticated. In order to increase efficiency, streamline processes, and keep a competitive advantage in the market, manufacturers turned to consultancy services. Robotics consultancy firms assisted manufacturers in navigating the difficulties of putting robotic solutions into practice by offering technical know-how, operational insights, and strategic consulting. They helped choose suitable technology, ensure smooth interaction with current systems, and assess the viability of robotic applications. With the help of this all-inclusive support, manufacturers were able to maximize robotics' potential and improve operational efficiency.

In the robotics advisory service market, the logistics and warehousing sector has shown itself to be the fastest-growing. The adoption of robotic solutions in this industry has been driven by the rapid rise of e-commerce and the growing demand for effective supply chain management. Businesses looked for advice services to improve material handling skills, automate logistics processes, and streamline warehouse management procedures. Logistics and warehousing industries were greatly assisted by robotics advisory firms in navigating the challenges associated with installing robotic systems. In order to ensure seamless integration and maximize operational efficiency, they offered insights into the newest technology, such as autonomous mobility robots and automated storage and retrieval systems. Businesses were able to save expenses, increase customer happiness, and streamline their logistical operations thanks to this all-inclusive service.

• Manufacturing
• Healthcare
• Logistics
• Warehousing
• Retail
• Agriculture

Author's Detail

Swasti Dharmadhikari

Research associate at Cognitive Market Research

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Swasti Dharmadhikari, an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.

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