PUBLISHER: Grand View Research | PRODUCT CODE: 1728057
PUBLISHER: Grand View Research | PRODUCT CODE: 1728057
The global robotic drilling market size was valued at USD 981.9 million in 2024 and is expected to grow at a CAGR of 7.0% from 2025 to 2030. Rising demand for automation in industries is driving the adoption of robotic drilling technologies as businesses seek to improve efficiency, reduce human labor, and enhance safety. Automation allows for more precise, faster, and cost-effective drilling operations, addressing the challenges of traditional methods. Moreover, the increasing global demand for fossil fuels creates pressure to optimize exploration and extraction processes.
Robotic drilling systems offer a solution by improving precision, reducing operational costs, and enabling operations in remote or hazardous locations, thus accelerating market growth in the energy and mining sectors. According to the Economist Intelligence Unit, demand for oil and gas is expected to increase in the decade to 2030, largely driven by India and Middle East & African countries. The International Energy Agency projected the global oil demand is expected to be around 8% higher in 2030 compared to the numbers in 2021.
Industry demand for precision and efficiency is accelerating the adoption of robotic drilling systems as businesses seek to optimize operations and reduce errors. These systems offer improved accuracy, faster drilling, and lower operational costs, making them highly attractive to industries such as oil, gas, and mining. The rise of unmanned and autonomous systems is further expected to support this trend, enabling drilling in hazardous or remote locations without human intervention. This shift toward automation and precision is expected to drive the growth of the robotic drilling industry in the coming years.
Global Robotic Drilling Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For the purpose of this study, Grand View Research has segmented the global robotic drilling market report based on application, installation, component, and region: