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.

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.

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%

Snapshot img

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 innovation and customization,

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.

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.

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%

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.

Worldwide industrial robot shipments amounted to some ******* in 2022, just a slight increase compared to 2021. It is projected that industrial robot shipments will increase significantly in the coming years. It is expected that in 2026, global industrial robot shipments will amount to about *******. Leading industrial robot markets Japan, China, the United States, South Korea, and Germany are counted among the five leading industrial robot markets worldwide. In emerging manufacturing markets, the growth trend is largely driven by rising wages that make the use of machines appear a viable alternative to human labor. Leading applications for industrial robots Industrial robots can be deployed for a wide range of tasks in a growing number of industries. Although the highly automated car manufacturing sector remains one the largest areas of application for electro-mechanical machines, it was the electrical/electronics industry that installed the most industrial robots in 2020. It has to be noted that the field of robotics is a part of another industry: the automation market. 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 key players in the industrial robot market include ABB, KUKA, Fanuc, Kawasaki, and Yaskawa.

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.

Snapshot img

APAC Industrial Robotics Market Size 2024-2028

The APAC industrial robotics market size is forecast to increase by USD 26.38 billion at a CAGR of 16.83% between 2023 and 2028. In the Asia Pacific region, the industrial robotics market is experiencing significant growth, driven by the automotive and food manufacturing sectors. Automation technology, including collaborative robotics and material handling segments, is increasingly being adopted to enhance productivity and efficiency. Mechanical machines, reprogrammable for flexibility, are becoming essential in manufacturing processes. The integration of Internet of Things (IoT) with robotics is a notable trend, enabling real-time monitoring and predictive maintenance. However, the lack of skilled workers to operate industrial robots poses a challenge for market expansion.

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The industrial robotics market in the APAC region is rapidly expanding, driven by the demand for AI-enabled robots across various sectors, including food and beverages, semiconductors, and high-tech electronics. SCARA robots and cylindrical robots are increasingly used for tasks requiring precision and efficiency. In the metal and machinery industry, robotic manipulators and robotic controllers enhance productivity, while robot sensors improve operational accuracy. The advanced robotic manipulator, powered by cutting-edge semi conductors, operates with precision thanks to its sophisticated robotic controller. The plastics and chemical products sector benefits from energy-efficient robotics solutions that streamline materials handling.

Additionally, modular robotics and nanorobots are emerging trends, providing flexibility and advanced capabilities. As industries focus on high-quality products, innovations in mechanical machine and robotic systems continue to reshape the landscape of manufacturing in the APAC region, fostering growth across diverse applications. Further, AI enabled robots, including SCARA robot and modular robot, are revolutionizing the food and beverages sector, as well as the rubber and plastics industry, by providing energy efficient robotics solutions and high quality products through advanced robotic manipulators and controllers, while also making significant impacts in the high tech electronics sector and metal and machinery sector, alongside emerging fields like nanorobotics

Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Application

  Material handling
  Welding and soldering
  Assembling and disassembling
  Painting and coating
  Others


End-user

  Automotive
  Electrical and electronics
  Metal and heavy machinery
  Food and beverages
  Others


Geography

  APAC

    China
    India
    Japan
    South Korea

By Application Insights

The material handling segment is estimated to witness significant growth during the forecast period. In the dynamic industrial landscape of Asia Pacific (APAC), material handling is a prominent application driving the expansion of the industrial robotics market. The thriving manufacturing and e-commerce sectors in this region necessitate efficient automation solutions. Robots, including autonomous mobile robots (AMRs) and robotic manipulators, are increasingly utilized in warehouses and factories for tasks such as picking, packing, and palletizing. E-commerce giants like Alibaba and JD.Com employ order fulfillment robots to streamline their operations. Additionally, automobile manufacturers such as Toyota and Hyundai leverage robotics for assembly line processes. The APAC industrial robotics market is marked by a wave in investments, groundbreaking technologies, and strategic partnerships to cater to the escalating demand for material handling automation.

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The material handling segment accounted for USD 6.90 billion in 2018 and showed a gradual increase during the forecast period.

Our market researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Market Driver

The swell in demand for industrial robots is the key driver of the market. The Industrial Robotics market in Asia Pacific has experienced significant growth due to technological advancements and research and development investments. Companies are automating their manufacturing processes using industrial robots to enhance productivity and operational efficiency. These robots offer minimal error margins and improved safety for employees. With increasing competition and the need for greater production capacity, small and medium-sized bus

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.

In the fiscal year of 2020, Mitsubishi generated almost ** 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 **** 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 *** 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 *** 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.

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...

Industrial Robots Market reached a value of USD 21.77 billion, and it is projected to surge to USD 47.86 billion by 2030.

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.

The sales value of new industrial robot installations in Central and Eastern Europe is forecast to see a significant increase in the coming years, climbing to ***** million U.S. dollars by 2021.

Industrial robots are used in industrial environments for manufacturing purposes. The largest application areas thereof are electronics and automotive, together covering more than ** percent of the industrial robotics market.

In industrial robotics, hardware and software are often sold separately, with an increasing tendency to be sold together in the future. The current market therefore does not include the cost of software, peripherals, and systems engineering.

Further information may be found in the report on robotics.

Industrial Robotics Market is projected to reach USD 235.28 billion by 2033, growing at a CAGR of 27.2% from 2025-2033.

The industrial robotics market is experiencing robust growth, projected to reach $42.59 billion in 2025 and maintain a Compound Annual Growth Rate (CAGR) of 13.40% from 2025 to 2033. This expansion is driven by several key factors. Increasing automation across manufacturing sectors to enhance efficiency, productivity, and reduce labor costs is a primary driver. The integration of advanced technologies like artificial intelligence (AI), machine learning (ML), and computer vision is significantly improving robot capabilities, leading to wider adoption across diverse industries including automotive, electronics, logistics, and food processing. Furthermore, a rising demand for customized and flexible automation solutions is fueling market growth. Government initiatives promoting industrial automation in several regions are also contributing to the market's upward trajectory. However, high initial investment costs associated with robotic implementation and concerns regarding job displacement present challenges to market expansion. Despite these restraints, the market's long-term outlook remains positive, fueled by continuous technological advancements and the increasing need for improved manufacturing processes. The competitive landscape is marked by several key players including ABB, Yaskawa, Fanuc, KUKA, and others, each vying for market share through innovation and strategic partnerships. Segmentation within the market is likely diverse, encompassing robot types (e.g., articulated, cartesian, SCARA), payload capacity, and application-specific solutions. Geographic distribution of the market is expected to be uneven, with developed economies in North America, Europe, and Asia-Pacific leading the adoption of industrial robots, while emerging economies show promising growth potential. Continued expansion into new industries and applications will drive market growth in the forecast period, supported by the ongoing evolution of robotics technology. Recent developments include: May 2024: Comau has launched its new S-Family of small yet powerful robots. Known for their precise performance and iconic red design, they also demonstrate Comau’s commitment to making automation more accessible to various non-automotive industries., April 2024: Pudu Technology Co. launched the PUDU T300, expanding its reach into industrial applications. The T300 complies with ISO 3691-4 industrial safety standards and features lidar, a depth camera, collision-protection edges, and emergency stop buttons. Additionally, the T300 offers automatic recharging in about two hours and quick battery-swapping capabilities, ensuring continuous 24/7 operation to meet various customer requirements.. Key drivers for this market are: Increased Emphasis on Workplace Safety, Emerging Technologies in Industrial Robots. Potential restraints include: Increased Emphasis on Workplace Safety, Emerging Technologies in Industrial Robots. Notable trends are: Automotive Industry to Hold Major Share.