In 2019, KUKA's market share was between 12 and 15 percent. Midea of China holds a 74.55 percent voting stake in KUKA. The robotics industry is a subsector of the automation industry. This industry includes a variety of products and services, including sensors and drives, relays, switches, machine vision and control systems, as well as industry software development and services.

The Industrial Robotics Market report segments the industry into Type Of Robot (Articulated Robots, Linear Robots, Cylindrical Robots, Parallel Robots, SCARA Robots, Other Types Of Robot), End-User Industry (Automotive, Chemical And Manufacturing, Construction, Electrical And Electronics, Food And Beverage, Machinery And Metal, Pharmaceutical, and more), and Geography (North America, Europe, Asia, and more).

As of 2021, the Japanese robotics company FANUC had a 15 percent share of the Chinese industrial robot market. Generally speaking, most companies among the market leaders come from Japan. Only the Midea-owned KUKA and Shenzhen Inovance Tech are Chinese companies in the top 10.

In the fiscal year of 2020, Mitsubishi generated almost 10 billion euros from its Industrial Automation Systems segment. Mitsubishi's revenue was more than twice as large as its closest competitor’s revenue. ABB Robotics generated some five billion euros from its Industrial Automation segment.

Industrial robotics market

Although industrial robots have made inroads into a growing number of industries such as the food and beverages industry, the highly automated electrical/electronics industry became the largest area of application for electro-mechanical machines in 2020, followed by the automotive industry. The robotics industry’s growth trend is largely driven by rising wage levels that force manufacturers worldwide to replace human labor with machines. Asia and Europe are home to the key players in the market, including ABB, KUKA, Fanuc, and the Yaskawa Electric Corporation. With relevant sales of around 1.1 billion euros, Japan-based Yaskawa was ranked among the largest manufacturers of industrial robots in 2020. The company’s heavy duty industrial robots can be used for welding, assembly, coating, materials handling, materials cutting, materials removal, and spot welding. Automation industry The robotics industry is a subsector of the automation industry. Similar to the market for industrial robotics, the factory automation market is forecast to grow in the following years, reaching a size of some 230 billion U.S. dollars in 2025. This industry is comprised of a variety of products and services, including relays, switches, sensors and drives, machine vision and control systems, as well as industry software development and services. Conglomerates like Siemens, Mitsubishi Electric or General Electric are the major vendors of industrial automation and industry software.

The Singaporean industrial robot market soared to $281M in 2024, increasing by 319% against the previous year. Overall, consumption showed notable growth. As a result, consumption reached the peak level of $652M. From 2018 to 2024, the growth of the market remained at a somewhat lower figure.

The Robotics Industry Market report segments the industry into Technology Type (Industrial, Service), End User (End Users of Industrial Robots, End Users of Service Robots), and Geography (North America, Europe, Asia, Australia and New Zealand, Latin America, Middle East and Africa). The report provides historical data and market forecasts for five years.

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 55 billion U.S. dollars, with some 2.7 million units of industrial robots in operation worldwide. In 2028, the market size is projected to surpass 165 billion U.S. dollars.

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.

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

The global industrial robot market plummeted to $14.5B in 2024, which is down by -52.6% against the previous year. Over the period under review, consumption, however, saw a moderate increase. Global consumption peaked at $55.2B in 2022; however, from 2023 to 2024, consumption remained at a lower figure.

The Asia-Pacific Industrial Robots Market report segments the industry into By Product Category (Articulated, SCARA, and more), By End-user Vertical (Automotive, Electronics/Electrical, and more), By Country (China, India, and more), and Competitive Landscape (Fanuc Corporation, Yaskawa Electric Corporation, and more).

The size of the Industrial Robotics Market was valued at USD 20.68 Billion in 2024 and is projected to reach USD 39.71 Billion by 2033, with an expected CAGR of 9.77% during the forecast period. The Industrial Robotics Market is the design, production, and implementation of robotic systems to increase automation in the manufacturing and industrial processes. Industrial robots are programmable machines capable of performing any task with accuracy and consistency to reduce human errors and operational costs. Key features are adaptability, speed, accuracy, and the capability to handle repetitive tasks in hazardous or demanding environments. These robots find applications in the automotive, electronics, pharmaceuticals, and logistics industries and support activities such as assembly, welding, painting, and material handling. The technologies are articulated robots, SCARA robots, delta robots, and collaborative robots, or cobots, all suited to different tasks and industries. The adoption of industrial robotics is transformative, leading to increases in productivity, quality, and workplace safety. Increased demand for automation against labor shortages and for better operation efficiency is the most significant driver of the market. Benefits include scalability, cost optimization, and the ability to meet very high production demands. Advancements in AI and IoT are driving the market through smarter and more efficient robots. Industries' transition towards Industry 4.0 is expected to reshape global manufacturing landscapes in this regard. Recent developments include: June 2022: The next generation of flexible Automatica 2022 was unveiled by ABB, announcing the launch of transformative products under the new OmniVance brand: the OmniVance FlexArc Compact Cell and the OmniVance Matchining Cell and software., February 2022: FANUC will supply 3,500 robots for new production lines and plants under the agreement signed between FANUC and BMW AG. These robots will be used in developing the existing and future generations of BMW models., February 2017: An automation solution was created by MRK-Systeme GmbH for the BMW Group with the use of HRC-compliant KUKA robots. This solution assists the unit in Landshut, Bravia, to provide quality assurance in an ergonomically friendly manner for crankshaft housing.. Notable trends are: Growing demand for collaborative robots across industries is driving market growth..

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 43.8 billion U.S. dollars in 2021. The market is expected to grow at a compound annual growth rate (CAGR) of around 10 percent, reaching almost 70.6 billion U.S. dollars by 2028.

Widening applications of industrial robots  Robots are programmable machines that have the capability to move on at least three 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.

The global industrial robot controller market analysis states that the industry is poised to reach a size of USD 1081.6 million in 2024. The industry is projected to grow at a CAGR of 9.1% during the forecast period of 2024 to 2034. The global sector is anticipated to reach a value of USD 2584.2 million by 2034.

Attributes	Key Insights
Estimated Global Industrial Robot Controller Market Size (2024E)	USD 1081.6 million
Projected Global Industrial Robot Controller Market Value (2034F)	USD 2584.2 million
Value-based CAGR (2024 to 2034)	9.1%

Semi-annual Market Update

Particular	Value CAGR
H1	9.2% (2023 to 2033)
H2	8.6% (2023 to 2033)
H1	9.3% (2024 to 2034)
H2	8.7% (2024 to 2034)

Country-wise Insights

Countries	CAGR 2024 to 2034
India	13.6%
China	10.2%
Spain	6.8%
France	6.4%
Italy	5.9%

Category-wise Insights

Segment	Single Axis (Axis Type)
Value Share (2024)	47.4%

Segment	Articulated Robot (Robot Type)
Value Share (2024)	37.4%

The Chinese industrial robot market declined dramatically to $2B in 2024, waning by -18.1% against the previous year. In general, consumption, however, enjoyed slight growth. Industrial robot consumption peaked at $3.8B in 2019; however, from 2020 to 2024, consumption failed to regain momentum.

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.

INDUSTRIAL ROBOTICS MARKET SIZE AND FORECAST 2025 TO 2033

The Industrial Robotics market refers to the sector that encompasses the design, manufacturing, a

The global industrial robotics market is experiencing robust growth, projected to reach a market size of $19.35 billion in 2025 and exhibiting a Compound Annual Growth Rate (CAGR) of 13.26%. This expansion is fueled by several key drivers. The increasing adoption of automation across diverse industries, particularly in electrical and electronics, automotive, and metal and machinery sectors, is a significant factor. Furthermore, the rising demand for enhanced productivity, improved precision, and reduced labor costs is propelling market growth. Technological advancements, such as the development of collaborative robots (cobots) and advancements in artificial intelligence (AI) and machine learning (ML) integration, are further contributing to market expansion. Specific robot types, like articulated robots, due to their versatility, are gaining significant traction. The Asia-Pacific region, especially China and Japan, is expected to dominate the market due to their robust manufacturing sectors and significant investments in automation technologies. However, the market faces certain restraints, including high initial investment costs and the need for skilled workforce training to operate and maintain these sophisticated systems. Despite these challenges, the long-term outlook for the industrial robotics market remains positive. The ongoing trend towards Industry 4.0 and the increasing focus on smart factories are expected to drive sustained growth. The market segmentation reveals significant opportunities within various robot types (SCARA, cylindrical, etc.) and end-user industries (pharmaceuticals, etc.). Competitive dynamics are shaped by a mix of established players like ABB, FANUC, and Yaskawa, alongside emerging companies focused on innovative robotics solutions. Companies are focusing on strategic partnerships, technological advancements, and expansion into new markets to secure a competitive edge. Continued growth is anticipated through 2033, driven by sustained automation adoption and technological progress across various regions.

The Asian industrial robot market contracted to $7.1B in 2024, waning by -5.2% against the previous year. The total consumption indicated slight growth from 2012 to 2024: its value increased at an average annual rate of +1.5% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -24.0% against 2021 indices. As a result, consumption reached the peak level of $9.6B.

After two years of growth, the Romanian industrial robot market decreased by -50.8% to $24M in 2024. Over the period under review, consumption, however, recorded a modest increase. Industrial robot consumption peaked at $48M in 2023, and then fell significantly in the following year.