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.
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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 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).
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.
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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
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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.
In 2021, the Asia-Pacific market for industrial robots is expected to reach the size of about 28.5 billion U.S. dollars. The industrial robotics market in this region is projected to more than double by 2028, surpassing the size of 58.6 billion U.S. dollars.
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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.
INDUSTRIAL ROBOTICS MARKET SIZE AND FORECAST 2025 TO 2033
The Industrial Robotics market refers to the sector that encompasses the design, manufacturing, a
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The Asia-Pacific Industrial Robots Market is Segmented by Product Category (Articulated, SCARA, Cartesian/Linear/Gantry, Parallel/Delta, Other Product Categories (Cylindrical and Spherical)), by End User Vertical (Automotive, Electronics/Electrical, Plastic and Chemical, Metal & Machinery, Food, Beverages, and Tobacco, Other Manufacturing Verticals, and Other Non-Manufacturing Verticals), and by Country (China, India, Korea, Australia & New Zealand, Japan, Indonesia, Malaysia, Singapore, Thailand, Vietnam, and Rest of Asia-Pacific). The Market Sizes and Forecasts are Provided in Terms of Value in USD for all the Above Segments.
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The Indonesia Robotics Market report segments the industry into By Type (Industrial Robots, Service Robots) and By Region (Java, Sumatra, Kalimantan, Other Regions (Sulawesi, Papua & Muluku, and Bali & Nusa Tenggara)). The report provides historical data for five years alongside a five-year market outlook.
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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..
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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 |
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 12 percent.
Industrial Robotics Market sizewas estimated at $ 50.11 Billion by 2032 from a value of $ 20.55 Billion in 2024 and is projected to grow from $ 22.61 Billion in 2025, is projected to grow at a CAGR 13.2% from 2025 to 2032.
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The global industrial robotics market size is expected to reach USD 46.1 billion by 2030 according to a new study by Polaris Market Research.
Over the forecast period until 2029, the total number of automotive industry robots is forecast to exhibit fluctuations among the six segments. Comparing the six different segments for the year 2029, the segment "others" leads the ranking with 30.59 thousand. Contrastingly, food industry robotics is ranked last, with 5.37 thousand. Their difference, compared to other industry robotics, lies at 25.22 thousand.
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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.
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The robotics market size is projected to grow from $64.8 billion in 2024 to $375.82 billion by 2035, growing at a CAGR of 17.33% during the forecast period till 2035.
The Industrial Robotics Market is poised for significant growth, projected to reach a market size of $42.59 million by 2025, expanding at a compound annual growth rate (CAGR) of 13.40% from 2025 to 2033. This growth is driven by increasing automation across various industries, particularly in manufacturing and automotive sectors, where robots enhance efficiency and precision. Key drivers include the need for higher productivity, labor cost reduction, and advancements in robotics technology that allow for more versatile applications. The market is segmented by type of robot and end-user industry, with articulated robots leading the market due to their flexibility and wide range of applications. The Asia Pacific region is expected to dominate the market, fueled by rapid industrialization and supportive government policies in countries like China and Japan. Trends in the Industrial Robotics Market include the integration of artificial intelligence and machine learning, which enhance the capabilities of robots to perform complex tasks. Collaborative robots, or cobots, are also gaining traction, allowing for safer human-robot interactions and enabling smaller businesses to adopt robotic solutions. However, the market faces restraints such as high initial investment costs and the need for skilled personnel to operate and maintain these systems. Despite these challenges, the market's future looks promising, with companies like ABB Ltd, Fanuc Corporation, and KUKA AG leading innovations and expanding their product portfolios to meet diverse industry needs. The period from 2019 to 2033 will be crucial, as the market evolves with new technologies and applications, shaping the future of industrial automation. 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: Lack of Skilled Workforce. Notable trends are: Automotive Industry to Hold Major Share.
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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 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.