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The Robotics Industry is Segmented by Type (Industrial, Service), End-User (End-Users of Industrial Robots (Automotive, Food & Beverage, Electronics, Other End-Users of Industrial Robots), End-Users of Service Robots (Logistics, Military and Defense, Medical and Healthcare, Other End-Users of Service Robots), and Geography (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.
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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.
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The Report Covers Industrial Robot Market Manufacturers & Companies and is Segmented by Type of Robot (Articulated Robots, Linear Robots, Cylindrical Robots, Parallel Robots, SCARA Robots), End-User Industry (Automotive, Chemical and Manufacturing, Construction, Electrical and Electronics, Food and Beverage, Machinery and Metal, Pharmaceutical), and Geography( (North America (United States and Canada), Europe (United Kingdom, France, Germany, Rest of Europe), Asia-Pacific(Japan, China, India, South Korea, Rest of Asia Pacific), Latin America, Middle East and Africa). The Market Sizes and Forecasts are in Terms of Value (USD) for all the Above Segments.
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 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% |
The global AI robotics market size in 2024 grew past 19 billion U.S. dollars, a nearly 30 percent growth compared to 2023 market size. By the end of the decade in 2030, it is expected to surpass 35 billion U.S. dollars. This is a considerable rate of growth, with nearly 20 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 Service Robotics Market is Segmented by Field of Application ([Professional Robots - Field Robots, Professional Cleaning, Inspection and Maintenance, Construction and Demolition, Logistics Systems [Manufacturing and Non-Manufacturing], Medical Robots, Rescue and Security Robots, Defense Robots, Underwater Systems [Civil/General], Powered Human Exoskeletons, Public Relation Robots], (Personal/Domestic - Robots for Domestic Tasks, Entertainment Robots, Elderly, and Handicap Assistance)) and Geography (North America, Europe, Asia Pacific, and Rest of World). The Report Offers Market Forecasts and Size in 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$90.5 billion by 2035, representing a CAGR of 10.51%, during the forecast period, 2024-2035.
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FMI's recent global robotics market report envisions a promising future. With projected market revenue of US$ 25.2 billion in 2023, the market is set for remarkable growth. The robotics industry leaps forward at an astonishing CAGR of 19.8%, charting a course toward surpassing US$ 152.9 billion by 2033.
Attributes | Details |
---|---|
Current Year Value (2023) | US$ 25.2 billion |
Expected Forecast Value (2033) | US$ 152.9 billion |
Projected CAGR (2023 to 2033) | 19.8% |
Exploring the Regional Patterns of the Robotics Market: An In-depth Examination at the Country Level
Countries | Projected Market Value (2033) |
---|---|
United States | US$ 32.3 billion |
China | US$ 13.1 billion |
United Kingdom | US$ 11.2 billion |
Japan | US$ 11.1 billion |
South Korea | US$ 6.2 billion |
Country | United States |
---|---|
Forecasted CAGR (2023 to 2033) | 18.5% |
Country | China |
---|---|
Forecasted CAGR (2023 to 2033) | 20.9% |
Country | United Kingdom |
---|---|
Forecasted CAGR (2023 to 2033) | 18.8% |
Country | Japan |
---|---|
Forecasted CAGR (2023 to 2033) | 19.1% |
Country | South Korea |
---|---|
Forecasted CAGR (2023 to 2033) | 20.2% |
Exploring the Robotics Market: An In-depth Segment Analysis
Top Segment | Forecasted CAGR (2023 to 2033) |
---|---|
Security & Inspection | 19.6% |
Retail | 19.5% |
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 market for autonomous mobile robots (AMR) was sized at about 2.4 billion U.S. dollars in 2021. The market is expected to grow at a compound annual growth rate (CAGR) of around 23 percent, reaching the size of over 10.5 billion U.S. dollars by 2028.
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Global Assistive Robot Market is segmented by Types (Socially Assistive Robots, Physically Assistive Robots), and Geography (North America, Europe, Asia-Pacific, Rest of the World). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.
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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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Global educational robot market size was valued at USD 1.2 billion in 2021 and is expected to grow at a CAGR of 17.1% during the forecast period.
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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 North American market for autonomous mobile robots (AMR) was sized at about 762 million U.S. dollars in 2021. The market is expected to grow at a compound annual growth rate (CAGR) of around 23 percent, reaching the size of over 3.2 billion U.S. dollars by 2028.
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The global demolition robot market size reached USD 466.1 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,402.1 Million by 2033, exhibiting a growth rate (CAGR) of 12.37% during 2025-2033. Significant growth in the construction industry, investments in the development of smart cities, and the growing number of mining activities represent some of the key factors driving the market.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
| 2024 |
Forecast Years
|
2025-2033
|
Historical Years
|
2019-2024
|
Market Size in 2024 | USD 466.1 Million |
Market Forecast in 2033 | USD 1,402.1 Million |
Market Growth Rate (2025-2033) | 12.37% |
IMARC Group provides an analysis of the key trends in each segment of the global demolition robot market, along with forecasts at the global, regional, and country level from 2025-2033. Our report has categorized the market based on product type, sales type, and application.
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Smart Robots Market size was valued at USD 13.5 Billion in 2023 and is poised to grow from USD 15.71 Billion in 2024 to USD 59.6 Billion by 2032, growing at a CAGR of 16.4% during the forecast period (2025-2032).
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The global medical robotics market size is estimated to grow from $ 10.1 billion in 2024 to $ 31.3 billion by 2035, at a CAGR of 10.8% 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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The Robotics Industry is Segmented by Type (Industrial, Service), End-User (End-Users of Industrial Robots (Automotive, Food & Beverage, Electronics, Other End-Users of Industrial Robots), End-Users of Service Robots (Logistics, Military and Defense, Medical and Healthcare, Other End-Users of Service Robots), and Geography (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.