Remotely Operated Vehicles (ROV) - Space Robotics Market Statistics
The global remotely operated vehicles (rov) space robotics market size was valued at US$ 1,536.6 million in 2021 and is estimated to grow at a compound annual growth rate (CAGR) of 6.9% from 2021 to 2028.
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Remotely Operated Vehicles (ROV) - Space robotics market highlights
- The global remotely operated vehicles (rov) segment generated a revenue of USD 1,536.6 million in 2021 and is expected to reach USD 2,452.9 million by 2028.
- The market is expected to grow at a CAGR (2022 - 2028) of 7.2% by 2028.
- In terms of region, North America was the largest revenue generating market in 2021.
- Country-wise, India is expected to register the highest CAGR from 2022 to 2028.
Market summary
| Market revenue in 2021 | USD 1,536.6 million |
| Market revenue in 2028 | USD 2,452.9 million |
| Growth rate | 7.2% (CAGR from 2022 to 2028) |
| Historical data covered | 2016 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
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