Global Telepresence Robots Market to Reach $783.4 Million by 2030
The global market for Telepresence Robots estimated at US$264.5 Million in the year 2023, is expected to reach US$783.4 Million by 2030, growing at a CAGR of 16.8% over the period 2023-2030. Mobile Telepresence Robots, one of the segments analyzed in the report, is expected to record 18.7% CAGR and reach US$640.5 Million by the end of the analysis period. Growth in the Stationary Telepresence Robots segment is estimated at 10.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $81.7 Million, While China is Forecast to Grow at 15.7% CAGR
The Telepresence Robots market in the U.S. is estimated at US$81.7 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$129.9 Million by the year 2030 trailing a CAGR of 15.7% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 14.4% and 13.8% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 11.9% CAGR.
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