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The Robotics Market Report is Segmented by Robot Type (Industrial Robots, Service Robots, and More), Component (Hardware, Software, and Services), Application (Manufacturing and Assembly, Logistics and Warehousing, Medical and Surgical, and More), End-User Industry (Automotive, Electronics and Semiconductor, Food and Beverage, and More), and Geography. The Market Forecasts are Provided in Terms of Value (USD).
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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 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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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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Consumer robotics market was valued at about USD 13,441.93 Million in the year 2025. It is anticipated that it would reach USD 116,460.68 Million by 2035, growing at a CAGR of 24.1%. Factors such as the increasing dependence on home automation, rising disposable income, and the growing investments by companies in robotics R&D and in-home care Mont solutions are estimated to drive the growth of this market.
Metric | Value |
---|---|
Market Size in 2025 | USD 13,441.93 Million |
Projected Market Size in 2035 | USD 116,460.68 Million |
CAGR (2025 to 2035) | 24.1% |
Country-wise Outlook- Consumer robotics market
Country | CAGR (2025 to 2035) |
---|---|
USA | 24.5% |
Country | CAGR (2025 to 2035) |
---|---|
UK | 23.8% |
Country | CAGR (2025 to 2035) |
---|---|
European Union (EU) | 24.0% |
Country | CAGR (2025 to 2035) |
---|---|
Japan | 24.3% |
Country | CAGR (2025 to 2035) |
---|---|
South Korea | 24.4% |
Competitive Outlook
Company Name | Estimated Market Share (%) |
---|---|
iRobot Corporation | 17-21% |
Ecovacs Robotics | 13-17% |
Amazon (Astro, Alexa Robots) | 10-14% |
Samsung Electronics | 7-11% |
SoftBank Robotics | 5-9% |
Other Companies (combined) | 35-45% |
The global AI robotics market size in 2024 grew past 19 billion U.S. dollars, a nearly ** percent growth compared to 2023 market size. By the end of the decade in 2030, it is expected to surpass ** billion U.S. dollars. This is a considerable rate of growth, with nearly ** percent of market value added annually. Intersecting at the forefront of tech development The combination of AI and robotics took off in 2024, with both startups and established robot manufacturers teaming up with large AI developers to make the marriage of these two technologies as successful as can be. The rapid development of generative AI has been especially critical to the field, as the iterative learning of large language models enables robots powered by them to operate with far more flexibility than more rudimentary models. AI chips are key The chips needed to power both the AI models and their robotic bodies are the new generation of advanced semiconductor chips flooding the market. These exceptionally valuable chips are being developed by companies such as Nvidia, OpenAI, Microsoft, and other notable tech giants. Cooperation between these AI hardware and software developing firms is vital for any AI robotics company that wants to find success.
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The Report Covers Soft Robotics Market Demand and Share. The Market is Segmented by Application (Human-Machine Interface and Interaction, Locomotion and Exploration, Manipulation, Medical and Surgical Applications, Rehabilitation and Wearable Robots), and by Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa). The Market Sizes and Forecasts are in Terms of Value (USD) for all the Above Segments
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The global medical robot market growth is poised to garner a 12.9% CAGR through 2034. The global medical robot market size is set to reach a valuation of USD 38701.5 million in 2034. By the end of 2024, a valuation of USD 11502.4 million is anticipated in the industry owing to the sales of such robots. This advancement is primarily attributed to varied advances in robot assisted surgery.
Attributes | Key Insights |
---|---|
Estimated Medical Robot Market Size in 2024 | USD 11502.4 million |
Projected Medical Robot Market Size in 2034 | USD 38701.5 million |
Value-based CAGR from 2024 to 2034 | 12.9% |
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 household robot market value is estimated to be US$ 14.7 billion in 2024. As people's preferences for automated and networked homes are growing there has been an increase in the need for smart home technologies in recent years.
Report Attribute | Details |
---|---|
Household Robot Market Size (2024) | US$ 14.7 billion |
Anticipated Market Value (2034) | US$ 96 billion |
Projected Growth Rate (2024 to 2034) | 20.6% CAGR |
Household Robot Market Historical Analysis Vs Forecast Outlook
Attributes | Details |
---|---|
Household Robot Market Value (2019) | US$ 5 billion |
Historical Market Revenue (2023) | US$ 12.1 billion |
Historical CAGR (2019 to 2023) | 24.7% |
Country-wise Insights
Countries | CAGR (2024 to 2034) |
---|---|
United States | 20.8% |
Japan | 21.4% |
United Kingdom | 21.2% |
South Korea | 23.6% |
China | 21% |
Category-wise Insights
Attributes | Details |
---|---|
Top Component Type | Product |
Growth Rate from 2024 to 2034 | 20.4% CAGR |
Growth Rate from 2019 to 2023 | 24.5% CAGR |
Attributes | Details |
---|---|
Top Type | Domestic |
Growth Rate from 2024 to 2034 | 20.3% CAGR |
Growth Rate from 2019 to 2023 | 24.3% CAGR |
Household Robot Market Report Scope
Attribute | Details |
---|---|
Estimated Market Size (2024) | US$ 14.7 billion |
Projected Market Size (2034) | US$ 96 billion |
Anticipated Growth Rate (2024 to 2034) | 20.6% |
Forecast Period | 2024 to 2034 |
Historical Data Available for | 2019 to 2023 |
Market Analysis | US$ million or billion for Value and Units for Volume |
Key Regions Covered | North America, Latin America, Europe, Middle East & Africa (MEA), East Asia, South Asia and Oceania |
Key Countries Covered | United States, Canada, Brazil, Mexico, Germany, Spain, Italy, France, United Kingdom, Russia, China, India, Australia & New Zealand, GCC Countries, and South Africa |
Key Segments Covered | By Type, By Application, By Component, and By Region |
Key Companies Profiled |
|
Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
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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 humanoid robot market size is estimated to rise from $2.98 billion in 2024 to $243.40 billion by 2035, growing at a CAGR of 49.21% from 2024 to 2035.
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Artificial Intelligence (AI) Robots Market size was valued at USD 4.42 Billion in 2024 and is projected to reach USD 25.77 Billion by 2031, growing at a CAGR of 21.6% from 2024 to 2031.
The Artificial Intelligence (AI) robots market is propelled by the growing adoption of AI in robotics for applications across industries such as manufacturing, healthcare, defense, and logistics. The demand for automation and intelligent systems to improve operational efficiency, reduce human error, and lower labor costs is a significant driver. Advancements in machine learning, computer vision, and natural language processing are enabling robots to perform complex tasks with greater accuracy and adaptability. The expansion of AI in service robots for healthcare, elderly care, and retail, coupled with rising government investments in AI-driven technologies, further fuels market growth. Additionally, the increasing integration of AI robots in autonomous vehicles and collaborative robots (cobots) underscores the transformative potential of this technology.
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The global non-industrial robot market was valued at US$ 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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Medical robotics market size is expected to grow from USD 10.1 billion in 2024 to USD 11.2 billion in 2025 and USD 31.3 billion by 2035, at a CAGR of 10.8%
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The biohybrid robots market size is projected to grow from USD X billion in 2024 to USD X billion by 2035, representing a CAGR of X%, during the forecast period till 2035
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The global collaborative robot market size is anticipated to grow from USD 3.04 billion in 2024 to USD 17.90 billion by 2030, representing a CAGR of 34.4% during the forecast period 2024-2030.
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Smart Robots Market size was valued at USD 14.4 billion in 2023 and is poised to grow from USD 16.85 billion in 2024 to USD 59.16 billion by 2032, growing at a CAGR of 17.0% during the forecast period (2025-2032).
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The Robotics Market Report is Segmented by Robot Type (Industrial Robots, Service Robots, and More), Component (Hardware, Software, and Services), Application (Manufacturing and Assembly, Logistics and Warehousing, Medical and Surgical, and More), End-User Industry (Automotive, Electronics and Semiconductor, Food and Beverage, and More), and Geography. The Market Forecasts are Provided in Terms of Value (USD).