Service Robotics

Service Robotics
Global Service Robotics Market to Reach $241.8 Billion by 2030
The global market for Service Robotics estimated at US$45.5 Billion in the year 2022, is projected to reach a revised size of US$241.8 Billion by 2030, growing at a CAGR of 23.2% over the period 2022-2030. Hardware, one of the segments analyzed in the report, is projected to record 22.5% CAGR and reach US$171 Billion by the end of the analysis period. Growth in the Software segment is estimated at 25.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $16.8 Billion, While China is Forecast to Grow at 29.9% CAGR
The Service Robotics market in the U.S. is estimated at US$16.8 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$25.3 Billion by the year 2030 trailing a CAGR of 29.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 19.8% and 20.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 21.9% CAGR.Select Competitors (Total 122 Featured) - Hitachi Ltd.Denso CorporationOmron CorporationLockheed Martin CorporationToyota Motor CorporationElbit Systems Ltd.Industrial Technology Research Institute (ITRI)Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

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