Service Robots Are Developing Rapidly And Demand Is Strong. Will They Surpass Industrial Robots?

According to different application scenarios, robots are mainly divided into two categories: industrial robots and service robots. As far as the current market data is concerned, the two are comparable. As a "dark horse" in the industry, service robots are running fast, and industrial robots are the "veteran" in the industry. At present, in China, the demand space for both is still huge, far from being saturated.

In recent years, the level of intelligence and personalization of service robots in my country has been rapidly improved, and the application fields of products have also been continuously expanded. In addition, during the epidemic, face-to-face services have been greatly reduced, and the demand for intelligent reception, unmanned delivery, and unmanned retail has increased. Robots, delivery robots, new retail robots, temperature measurement robots, disinfection robots and other service robots bring new development opportunities.

With the continuous expansion of service robot application scenarios, its application and investment value are gradually highlighted. According to the "2022 China Robot Industry Development Special Research Report" recently released by iiMedia Consulting, the scale of China's service robot market is expected to reach 95.92 billion yuan in 2023, which will surpass the scale of the industrial robot market and become the largest application field of robots in China.

With the support of policies and the influence of social issues such as population aging and rising labor costs, the market demand for service robots to replace some manual and auxiliary jobs is becoming stronger and stronger.