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The Industrial Robotics Market is Segmented by Type of Robot (Articulated Robots, Linear Robots, SCARA Robots, Collaborative Robots and More), Payload Capacity (≤15 Kg, 16–225 Kg and More), by Application (Material Handling & Packaging and More), by End-User Industry (Automotive, Electrical & Electronics and More) and Geography. The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.
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The global industrial robotics market size is projected to grow from US$30.2 billion in 2024 to US$90.5 billion by 2035, representing a CAGR of 10.51%, during the forecast period, 2024-2035.
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The global industrial robotics market size reached USD 19.8 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 52.7 Billion by 2033, exhibiting a growth rate (CAGR) of 11.47% during 2025-2033. Bolstering growth of the automotive industry, the rising product adoption across the food and beverage (F&B) industry, and ongoing product innovations and technological advancements represent some of the key factors driving the market growth.
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With a market valuation of USD 55.1 Billion by 2025, we expect the company to grow to USD 291.1 Billion by 2035 with a compound annual growth rate of 18.1%. Advanced robotics in production lines is helping companies scale up productivity and quality consistency while bringing down operational expenses.
Metric | Value |
---|---|
Market Size (2025E) | USD 55.1 Billion |
Market Value (2035F) | USD 291.1 Billion |
CAGR (2025 to 2035) | 18.1% |
Country Wise Analysis
Country | CAGR (2025 to 2035) |
---|---|
USA | 17.6% |
Country | CAGR (2025 to 2035) |
---|---|
UK | 17.1% |
Country | CAGR (2025 to 2035) |
---|---|
European Union (EU) | 18.0% |
Country | CAGR (2025 to 2035) |
---|---|
Japan | 17.8% |
Country | CAGR (2025 to 2035) |
---|---|
South Korea | 18.1% |
Competitive Outlook
Company Name | Estimated Market Share (%) |
---|---|
Fanuc Corporation | 15-20% |
ABB Ltd. | 12-16% |
Yaskawa Electric Corporation | 10-14% |
KUKA AG (Midea Group) | 8-12% |
Mitsubishi Electric Corporation | 5-9% |
Other Companies (combined) | 40-50% |
The global market for industrial robots is projected to grow steadily between 2018 and 2028. In 2020, the size of the market was estimated at around ** billion U.S. dollars, with some *** million units of industrial robots in operation worldwide. In 2028, the market size is projected to surpass *** billion U.S. dollars.
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The market size is projected to grow from USD 7.1 Billion Enriching growth in Industrial Robots Driven by Industrial Automation Demand Several factors, such as improved sensors technologies, artificial-intelligence (AI)-based control systems and cloud-based monitoring systems, contribute in enhancing productivity and efficiency in industries.
Metric | Value |
---|---|
Market Size (2025E) | USD 7.1 Billion |
Market Value (2035F) | USD 33.7 Billion |
CAGR (2025 to 2035) | 16.8% |
Country-Wise Outlook
Country | CAGR (2025 to 2035) |
---|---|
USA | 17.1% |
Country | CAGR (2025 to 2035) |
---|---|
UK | 15.9% |
Country | CAGR (2025 to 2035) |
---|---|
European Union (EU) | 16.6% |
Country | CAGR (2025 to 2035) |
---|---|
Japan | 16.9% |
Country | CAGR (2025 to 2035) |
---|---|
South Korea | 16.8% |
Competitive Outlook
Company Name | Estimated Market Share (%) |
---|---|
FANUC Corporation | 15-20% |
ABB Ltd. | 12-16% |
Yaskawa Electric Corporation | 10-14% |
KUKA AG (Midea Group) | 8-12% |
Mitsubishi Electric Corporation | 5-9% |
Other Companies (combined) | 40-50% |
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Industrial robotics market size was valued at USD 14.1 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 14.2% from 2022 to 2030
The global market for industrial robots was sized at about **** billion U.S. dollars in 2021. The market is expected to grow at a compound annual growth rate (CAGR) of around ** percent, reaching almost **** billion U.S. dollars by 2028. Widening applications of industrial robots Robots are programmable machines that have the capability to move on at least ***** axes. They were developed to perform a wide array of tasks, including heavy lifting, as well as hazardous or repetitive work. The invention of the world’s first robot is credited to George Devol. The Unimate, a material handling robot performing basic welding and carrying tasks, was introduced in 1961. Today’s robots have a much higher degree of autonomy based on several technological advancements made in recent years. Besides traditional industrial robots that operate separated from human workers due to safety concerns, a new type of robots have been gaining popularity in recent years. Collaborative robots, also known as cobots, are designed to work alongside humans and collaborate with them. Cobots and humans are expected to complement each other in a workspace, making up for the other's weaknesses and leveraging their strengths. On the road to autonomy The industrial robotics market, which has traditionally represented the robotics industry and has been led by Japanese and European robot manufacturers, is giving way to non-industrial robots. Nowadays, personal assistant robots, customer service robots, autonomous vehicles, and unmanned aerial vehicles (UAVs) are becoming more and more widespread.
Industrial Robotics Market Size 2025-2029
The industrial robotics market size is forecast to increase by USD 47.63 billion, at a CAGR of 19.4% between 2024 and 2029.
The market is experiencing a significant surge in demand, driven by the integration of advanced technologies such as artificial intelligence, machine learning, and collaborative robots. These innovations enable increased automation, flexibility, and efficiency in manufacturing processes, making industrial robots an indispensable asset for modern industries. However, the market faces challenges as well. The high cost of services, including installation, maintenance, and training, can hinder adoption for some businesses, particularly small and medium-sized enterprises. To capitalize on market opportunities, companies must focus on cost reduction strategies, such as offering flexible pricing models or partnering with service providers. Additionally, collaborating with technology partners to develop user-friendly interfaces and remote monitoring capabilities can help alleviate concerns around service costs and support. By addressing these challenges and continuing to innovate, the market participants can position themselves for long-term success in this dynamic and growing market.
What will be the Size of the Industrial Robotics Market during the forecast period?
Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free SampleThe market continues to evolve, driven by advancements in technology and their applications across various sectors. Manufacturing Execution Systems (MES) integrated with cloud computing enable real-time data analytics, enhancing process optimization and quality control. Machine learning and deep learning algorithms facilitate robot programming and robotics education, allowing for more efficient and adaptive automation solutions. CE marking ensures safety standards are met, while open source software and robotics research foster innovation and collaboration. Collaborative robots, or cobots, and robotics software enable seamless integration with control systems, such as PLC and motion control, and artificial intelligence applications like natural language processing and robot simulation.
Payload capacity, end-of-arm tooling, and material handling are key considerations for robotics development, with applications ranging from CNC machining and pallet handling to pick and place and 3D printing. Integration services and simulation software play a crucial role in the design and implementation of industrial automation systems. Safety standards, such as UL certification, are essential in ensuring the reliable operation of industrial robots. The ongoing development of robotics technology, including cartesian, SCARA, delta, and articulated robots, continues to transform industries, from manufacturing and material handling to automated guided vehicles and process optimization.
How is this Industrial Robotics Industry segmented?
The industrial robotics industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. TypeArticulatedSCARACylindricalOthersEnd-userElectrical and electronicsAutomotiveMetal and machineryPharmaceuticalsOthersProductTraditional industrial robotsCollaborative robotsMobility TypeStationary robotsMobile robotsProduct TypeMaterials handlingSoldering and weldingAssembling and disassemblingPainting and dispensingOthersGeographyNorth AmericaUSCanadaEuropeFranceGermanyItalyAPACChinaIndiaJapanSouth KoreaSouth AmericaBrazilRest of World (ROW)
By Type Insights
The articulated segment is estimated to witness significant growth during the forecast period.Articulated robots, characterized by their multiple rotary joints, are revolutionizing manufacturing processes across industries such as automotive, metals and machinery, and pharmaceuticals. These robots, which mimic human arm movements, provide versatility and flexibility, enabling them to handle complex tasks with precision in confined spaces. The six-axis robot, offering six degrees of freedom, is the most popular configuration for articulated robots due to its ability to move in any direction and reach any point within its workspace. Machine learning and artificial intelligence technologies are enhancing robot programming, allowing for more efficient and adaptive automation. Cloud computing and data analytics enable real-time monitoring and process optimization, while safety standards, such as CE marking and UL certification, ensure compliance. Collaborative robots, or cobots, are gaining popularity for their ability to work alongside human operators, increasing productivity and efficiency. Open source software and robotics research foster inn
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The Industrial Robotics Market size is expected to reach a valuation of USD 41.8 billion in 2033 growing at a CAGR of 10.30%. The research report classifies market by share, trend, demand, forecast and based on segmentation.
In 2021, the Asia-Pacific market for industrial robots is expected to reach the size of about **** billion U.S. dollars. The industrial robotics market in this region is projected to more than double by 2028, surpassing the size of **** billion U.S. dollars.
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Industrial Robotics Market is projected to reach USD 235.28 billion by 2033, growing at a CAGR of 27.2% from 2025-2033.
Cylindrical robots are projected to be the fastest growing segment in the global industrial robotics market between 2021 and 2028. In this period, the size of the market for cylindrical robots will grow at a compound annual growth rate (CAGR) of nearly ** percent.
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Industrial Robots Market reached a value of USD 21.77 billion, and it is projected to surge to USD 47.86 billion by 2030.
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The global non-industrial robot market was valued at US$ 49.7 billion in 2023 and has been forecasted to expand at a noteworthy CAGR of 18.8% to jump to a size of US$ 330.73 billion by the end of 2034.
Report Attribute | Details |
---|---|
Non-Industrial Robot Market Size (2023A) | US$ 49.7 Billion |
Estimated Market Value (2024E) | US$ 59.06 Billion |
Forecasted Market Value (2034F) | US$ 330.73 Billion |
Global Market Growth Rate (2024 to 2034) | 18.8% CAGR |
East Asia Market Share (2024) | 28.2% |
China Market Growth Rate (2024 to 2034) | 19.5% CAGR |
Key Companies Profiled | Diligent Robotics; ReWalk Robotics; Barrett Technology; Bear Robotics; Hanson Robotics; Intuitive Surgical; Macco Robotics; Omron Automation; Other Prominent Players. |
Sales Analysis of Non-Industrial Robots (2019 to 2023) vs. Market Forecasts (2024 to 2034)
Historical Attribute | Details |
---|---|
Market Size (2019A) | US$ 21.6 billion |
Historical CAGR (2019 to 2023) | 18.2% |
Forecasted CAGR (2024 to 2034) | 18.8% |
Country-wise Insights
Attribute | United States |
---|---|
Market Value (2024E) | US$ 13.29 Billion |
Growth Rate (2024 to 2034) | 18.1% CAGR |
Projected Value (2034F) | US$ 70.25 Billion |
Attribute | India |
---|---|
Market Value (2024E) | US$ 590 Million |
Growth Rate (2024 to 2034) | 19.2% CAGR |
Projected Value (2034F) | US$ 3.41 Billion |
Category-wise Insights
Attribute | Service Robots |
---|---|
Segment Value (2024E) | US$ 9.5 Billion |
Growth Rate (2024 to 2034) | 20.6% CAGR |
Projected Value (2034F) | US$ 62.2 Billion |
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According to Cognitive Market Research, the global Industrial Robotics market size will be USD 17512.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 10.60% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 7005.00 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.8% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 5253.75 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 4027.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.6% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 875.63 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.0% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 350.25 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.3% from 2024 to 2031.
The Electrical & Electronics category is the fastest growing segment of the Industrial Robotics industry
Market Dynamics of Industrial Robotics Market
Key Drivers for Industrial Robotics Market
The Acceleration of AI Technology to Boost Market Growth
The integration of artificial intelligence (AI) into industrial robotics has had a substantial impact on the manufacturing processes of a variety of sectors, such as automotive, oil & gas, and consumer electronics. The precision, efficiency, and adaptability of robots are improved by AI-driven algorithms, which allow them to perceive their surroundings, identify objects, and make real-time decisions based on sensor data. This technological advancement has resulted in the creation of AI-embedded robots, such as the Omron i4 from OMRON, which can self-diagnose maintenance requirements, and the CRX-10iA collaborative robot from FANUC, which is equipped with an autonomous vision system. In addition to addressing industry challenges, these innovations also enhance operational efficiency and worker safety, thereby fostering the expansion of the global industrial robotics market.
Expansion of human-robot collaboration to Drive Market Growth
The industrial robotics market is significantly influenced by the increasing prevalence of cobots, or human-robot collaboration. Cobots operate in conjunction with human employees in the same workspace, thereby increasing productivity without eliminating employment opportunities. They execute repetitive or hazardous tasks, thereby enabling human employees to concentrate on more intricate tasks. The advancement of smarter, AI-enabled cobots further facilitates the adoption of cobots with self-learning capabilities. This makes cobots an appealing alternative for automating production processes, as companies experience cost savings and decreased error rates. This seamless integration of automation supports the increasing demand for industrial robots and improves overall efficiency.
Restraint Factor for the Industrial Robotics Market
Initial investments are a limiting factor
Many companies, particularly small- and medium-sized enterprises (SMEs), are impeded by the substantial initial investments necessary to implement robotic automation projects. A single collaborative robot system costs between USD 3,000 and USD 10,000, while industrial robotic systems can cost between USD 15,000 and USD 75,000. These expenses encompass not only the robots themselves, but also integration fees and supplementary components, including vision systems and end effectors. These expenses can be prohibitively high for small and medium-sized enterprises that engage in seasonal or low-volume production. Furthermore, the cost is further exacerbated by the frequent reprogramming of robots to accommodate the rapid changes in consumer preferences. The adoption of automation is a difficult task for smaller companies due to the high upfront investments, which impede their ability to compete with larger, more automated operations.
Impact of Covid-19 on the Industrial Robotics Market
The COVID-19 pandemic resulted in a significant increase in the demand for industrial robots as industries sought to transition from manual to automated operations. In the face of disruptions, the...
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The global Industrial Robotics market is forecasted to grow at a noteworthy CAGR of 14.32% between 2025 and 2033. By 2033, market size is expected to surge to USD 77.88 Billion, a substantial rise from the USD 23.35 Billion recorded in 2024.
The Global Industrial Robotics market size to cross USD 77.88 Billion by 2033. [https://edison.valuemarketresearch.com//uploads/report_images/VMR112112321/in
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Industrial Robotics Market size was valued at USD 19.17 Billion in 2024 and is projected to reach USD 39.56 Billion by 2031, growing at a CAGR of 10.46% from 2024 to 2031.
Manufacturing Automation: The increasing use of industrial robots for material handling, welding, assembly, and other jobs stems from the need for industrial processes to become more productive, precise, and efficient.
Savings and ROI (return on investment): Over time, industrial robots can be a cost-effective solution because of their great precision in doing repetitive tasks, which lowers labor costs and increases overall operational efficiency.
Recent Progress in Robotic Technology: The capabilities and uses of industrial robots have increased due to ongoing breakthroughs in robotics technology, such as the creation of collaborative robots (cobots), artificial intelligence, and machine learning.
By 2025, the global non-industrial robotics market size is slated to exceed 230 billion U.S. dollars. The industrial robotics market has traditionally represented the robotics industry and has been led by Japanese and European robotics manufacturers, but has given way to non-industrial robots, such as personal assistant robots, customer service robots, autonomous vehicles, and unmanned aerial vehicles (UAVs).
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Industrial Robotics Market surpassed USD 94.4 Billion in 2035 and is expected to showcase around 11.1% CAGR during the projected period
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The Industrial Robotics Market is Segmented by Type of Robot (Articulated Robots, Linear Robots, SCARA Robots, Collaborative Robots and More), Payload Capacity (≤15 Kg, 16–225 Kg and More), by Application (Material Handling & Packaging and More), by End-User Industry (Automotive, Electrical & Electronics and More) and Geography. The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.