GENERAL·Fortune Business Insights·
Service Robotics Market Projected to Grow from $31B in 2026 to $132B by 2034
A new market research report estimates the global service robotics sector is worth approximately $31.1 billion in 2026 and is forecast to expand at a compound annual growth rate of nearly 20% through 2034, reaching $131.9 billion. Growth is being driven by labor shortages, falling hardware costs, and the rapid integration of AI into mobile robot platforms. The figures reinforce the strong commercial opportunity for businesses investing in or renting service robots today.
Summary curated by Max Robotics. Original article © Fortune Business Insights.