Service Robotics Market Size [2023-2030] worth USD 62.35 Billion 2030 | Exhibiting 18.4% CAGR - Yahoo Finance

The global service robotics market was valued at USD 16.35 billion in 2022 and is expected to reach USD 62.35 billion by 2030 with an 18.4% CAGR during the forecast period. Fortune Business Insights report "Service Robotics Market, 2023-2030" lists companies such as iRobot Corporation, KUKA AG, and SoftBank Robotics Group Corp. as key players. The professional service robots category is predicted to experience faster growth, with the industrial/commercial segment expected to consolidate market leadership with subsectors such as transportation and logistics driving growth. The COVID-19 pandemic increased demand for medical robots and accelerated automation adoption.

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