Service Robots Market to Increase to 103.3B by 2026
The market for service robots is expected to rise from USD 36.2 billion in 2021 to USD 103.3 billion by 2026, at a CAGR of 23.3 percent from 2021 to 2026. Several factors such as the increasing adoption of robots for new applications that provide high returns on investment are driving forces behind the growth of the service robotics market.