From GlobeNewswire: 2025-06-03 09:45:00

The Robotic Drilling Market was valued at USD 879.15 million in 2023, expected to reach USD 1,673.04 million by 2032, with a CAGR of 7.41%. Industries are moving towards automation for efficiency and safety with advanced technologies like AI and IoT changing drilling operations, decreasing risk and costs.

The U.S. robotic drilling market is set to grow from USD 218 million in 2023 to almost USD 399.62 million by 2032, driven by demand for reduced costs, durable equipment, advanced sensors, and cleaner drilling processes.

Onshore, retrofit, and hardware segments dominated the market in 2023, with onshore accounting for over 78%, retrofit securing 64%, and hardware commanding over 62% of the total share. Retrofitting allows for modernization and efficiency improvements without full system replacement.

North America held a dominant position in the Robotic Drilling Market in 2023, with over 34% of the global share. Advanced drilling technologies, mature infrastructure, and a focus on environmental protection have driven the adoption of automation in the region.

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