The Global Robotics and Automation Market Size Was Worth USD 2.86 Billion in 2023 and Is Expected To Reach USD 52.73 Billion by 2032, CAGR of 38.24%.

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 IT Robotic Automation Market is estimated to be valued at USD 8.2 billion in 2025 and is projected to reach USD 35.3 billion by 2035, registering a compound annual growth rate (CAGR) of 15.7% over the forecast period.

Robotic Process Automation Market is Segmented by Deployment (On-Premise and Cloud/SaaS), Solution Component (Software and Services), Enterprise Size (Small and Medium Enterprises and Large Enterprises), Technology Type (Attended RPA, Unattended RPA, and Intelligent/Cognitive RPA), End-User Industry (BFSI, IT and Telecom, Healthcare, and More), and Geography. The Market Forecasts are Provided in Terms of Value (USD).

BCC Research Market Report says global kitchen robotics and automation market reached $2.2 billion in 2022, should reach $2.5 billion by 2023 and $5.3 billion by 2028 with a CAGR of 16.6%.

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).

Robotic Process Automation Market is projected to reach USD 47.3 Billion by 2033, with a 30.90% CAGR from 2024 to 2033.

The global humanoid robot market with dexterous hands is experiencing significant growth, driven by advancements in artificial intelligence, robotics, and sensor technologies. The market, currently estimated at $2 billion in 2025, is projected to expand at a Compound Annual Growth Rate (CAGR) of 25% from 2025 to 2033, reaching an estimated market value of $10 billion by 2033. Key drivers include the increasing demand for automation in various sectors, such as medical care (surgical assistance, patient rehabilitation), industrial manufacturing (precise assembly, handling delicate materials), and logistics (warehouse automation, material handling). Furthermore, the development of more sophisticated dexterous hands capable of performing complex tasks is fueling market expansion. The wheeled humanoid robot segment currently holds a larger market share than bipedal robots due to greater stability and ease of manufacturing, however, the bipedal segment is expected to experience faster growth in the forecast period, driven by advancements in balance and locomotion capabilities. Geographic distribution shows North America and Asia-Pacific as leading regions, fueled by robust technological advancements and significant investments in robotics research and development. Significant restraints include the high cost of development and deployment, along with concerns regarding safety and ethical implications surrounding widespread humanoid robot adoption. However, ongoing technological innovations are gradually addressing these challenges, particularly in areas like reducing manufacturing costs and improving safety protocols. The emergence of collaborative robots (cobots) that can safely work alongside humans is also accelerating market growth. Leading companies like Boston Dynamics, Tesla, and others are actively shaping the market landscape through continuous product innovation, strategic partnerships, and targeted investments in research and development. Market segmentation reveals substantial growth opportunities within specific application areas like healthcare, where the demand for advanced medical assistance is driving the adoption of dexterous humanoid robots. The increasing focus on improving human-robot interaction and enhancing the dexterity of robotic hands will further contribute to market growth in the coming years.

The global robotic process automation (RPA) market is forecast to grow to more than 13 billion U.S. dollars by 2030, an increase of more than 12 billion compared to 2020. RPA is a type of business process automation based on software robots or bots that perform menial business tasks to expedite enterprise operations and reduce costs.

Global Kitchen Robotics And Automation market size is expected to reach $4.19 billion by 2029 at 10.0%, segmented as by collaborative robots

Global robotic process automation market size is expected to grow from $3.19 billion in 2023 to $28.48 billion by 2032, at a CAGR of 24.50% from 2024-2032

Global IT Robotic Automation market size was valued at USD 5.49 Bn in 2023 & is predicted to grow USD 20.39 Bn by 2032 at 15.7% CAGR from 2024 to 2032

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Robotics Market Size 2025-2029

The robotics market size is valued to increase USD 18.79 billion, at a CAGR of 6.1% from 2024 to 2029. Emergence of medical robotics will drive the robotics market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 57% growth during the forecast period.
By Application - Industrial segment was valued at USD 31.98 billion in 2023
By End-user - Manufacturing segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 53.99 million
Market Future Opportunities: USD 18790.60 million
CAGR : 6.1%
APAC: Largest market in 2023

Market Summary

The market represents a dynamic and continually evolving industry, driven by advancements in core technologies and applications. Key technologies, such as artificial intelligence, machine learning, and automation, are fueling the adoption of robots in various sectors, including manufacturing, healthcare, and logistics. According to recent reports, the market is expected to reach a significant market share by 2027, growing at a steady pace due to the increasing demand for automation and labor savings. Innovative business models, such as robotics-as-a-service and pay-per-use, are gaining traction, making robotics more accessible to businesses of all sizes. However, the market faces challenges, including the shortage of skilled personnel to design, build, and maintain robots, as well as regulatory hurdles and ethical concerns.
One of the most promising areas of growth in the market is medical robotics, which is transforming healthcare delivery through minimally invasive surgeries, telemedicine, and robotic rehabilitation. The emergence of medical robotics is just one example of how robotics is revolutionizing industries and improving productivity, efficiency, and quality.

What will be the Size of the Robotics Market during the forecast period?

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How is the Robotics Market Segmented and what are the key trends of market segmentation?

The 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.

Application

  Industrial
  Services


End-user

  Manufacturing
  Healthcare
  Aerospace and Defense
  Media and entertainment
  Others


Component

  Hardware
  Software
  Services


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  APAC

    China
    India
    Japan
    South Korea


  Rest of World (ROW)

By Application Insights

The industrial segment is estimated to witness significant growth during the forecast period.

The market trends encompass the integration of advanced technologies such as human-robot interaction, sensor fusion, computer vision systems, and embedded systems. Three-dimensional sensor integration, robot manipulators, end-effectors, obstacle avoidance, and force control techniques are increasingly adopted for enhanced robot capabilities. AI-powered robotics, object recognition, deep learning algorithms, and image processing are pivotal in driving automation across industries. Industrial automation sectors, including surgical robot systems, robotic welding systems, and precision assembly robots, are experiencing significant growth. The market is witnessing a surge in robot safety standards, programming languages, and collaborative robot systems. Autonomous mobile robots, real-time operating systems, and power electronics are gaining traction due to their ability to optimize industrial processes.

Key market trends include the integration of kinematic modeling, haptic feedback systems, reinforcement learning, motion planning algorithms, and path planning. SLAM algorithms, machine learning models, and industrial robot arms are transforming manufacturing processes. The market is expected to expand significantly, with sectors like automotive, metals and machinery, and electrical and electronics leading the charge. Small and medium-sized enterprises (SMEs) in countries like India, Taiwan, the US, Canada, and Central and Eastern Europe are increasingly adopting robotics and automation technologies. The future holds immense potential for robotics, with manufacturers across industries embracing smart manufacturing techniques involving robotics, automation, AI, and cloud computing.

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The Industrial segment was valued at USD 31.98 billion in 2019 and showed a gradual increase during the forecast period.

Approximately 25% of industrial companies have already adopted robotics, with expectations of over 30% of new industrial installations being automated in the next five years. Furthermore, the market is projected to grow by over 2

The Laboratory Robotics Market Report is Segmented by Application (Drug Discovery, Clinical Diagnostics, Microbiology, Genomics, Proteomics), End-User (Clinical Labs, Research Labs, Pharma & Biotech, Cros), Robot Type (Liquid-Handling, Sample-Handling, Collaborative Mobile, Fully Integrated), Workflow Stage (Pre-Analytical, Analytical, Post-Analytical), and Geography. Market Forecasts in Value (USD).

In 2024, the German robotics and automation industries were forecast to record a combined domestic and export turnover of around **** billion euros. This would only be a small increase of around two percent compared to 2023.

The global Robotic Process Automation (RPA) market size reached USD 2.45 Billion in 2022 and is expected to reach USD 54.06 Billion in 2032 registering a CAGR of 36.3%. RPA market growth is primarily driven owing to growing need to reduce cost of operations, growing popularity of Industry 4.0 techno...

In 2024, the Robotic Process Automation Market was valued at $10.13 Bn and it is projected to reach $53.39 Bn by 2030, due to growing e-commerce sector

The Robotic Process Automation market is projected to grow significantly, from 4,850.4 million in 2025 to 26,633.4 million by 2035 an it is reflecting a strong CAGR of 18.2%.The Robotic Process Automation (RPA) market continues to grow with businesses increasingly relying on automation to improve efficiency and reduce manual workloads. BFSI, healthcare, and IT industries are utilizing RPA to eliminate processes, reduce human errors, and enhance operational speed. To optimize the workflows and boost productivity, RPA solutions are witnessing high demand.

Robotic Process Automation Market Assessment

Country-wise Insights

Category-wise Insights

Competition Outlook

According to Cognitive Market Research, the global IT robotic automation market size will be USD 6450.0 million in 2025. It will expand at a compound annual growth rate (CAGR) of 16.80% from 2025 to 2033.

North America held the major market share for more than 40% of the global revenue with a market size of USD 2386.50 million in 2025 and will grow at a compound annual growth rate (CAGR) of 15.5% from 2025 to 2033.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 1870.50 million.
APAC held a market share of around 23% of the global revenue with a market size of USD 1548.00 million in 2025 and will grow at a compound annual growth rate (CAGR) of 19.9% from 2025 to 2033.
South America has a market share of more than 5% of the global revenue with a market size of USD 245.10 million in 2025 and will grow at a compound annual growth rate (CAGR) of 17.2% from 2025 to 2033.
The Middle East had a market share of around 2% of the global revenue and was estimated at a market size of USD 258.00 million in 2025 and will grow at a compound annual growth rate (CAGR) of 17.3% from 2025 to 2033.
Africa had a market share of around 1% of the global revenue and was estimated at a market size of USD 141.90 million in 2025 and will grow at a compound annual growth rate (CAGR) of 16.5% from 2025 to 2033.
Tools category is the fastest growing segment of the IT robotic automation industry

Market Dynamics of IT Robotic Automation Market

Key Drivers for IT Robotic Automation Market

Expanding Digital Transformation Initiatives in Organizations to Drive Market Growth

Expanding digital transformation initiatives in organizations are set to drive growth in the IT robotic automation market as businesses seek to enhance efficiency, reduce costs, and improve productivity. Companies across industries are integrating robotic automation solutions to streamline operations, optimize workflows, and accelerate decision-making processes. The increasing adoption of cloud computing, artificial intelligence, and machine learning further strengthens automation capabilities, making it a crucial part of digital transformation strategies. Organizations are leveraging automation to enhance customer experiences, strengthen data security, and ensure regulatory compliance. As enterprises continue to invest in intelligent automation, the demand for IT robotic automation solutions is expected to rise. This trend will significantly contribute to the overall market expansion in the coming years. For instance, in September 2024, Vention unveiled AI-powered enhancements to the hardware and software of its cloud-based Manufacturing Automation Platform (MAP) at its annual product launch event. It introduced MachineMotion AI, the third generation of its MachineMotion controller, designed to manage robots, conveyors, and computer-vision systems, bridging traditional PLCs and modern robot programming environments.

https://www.iotworldtoday.com/iiot/ai-driven-innovations-unveiled-for-manufacturing-robotics#close-modal

Rising Need for Process Optimization and Faster Decision-Making Fuels Market Growth

The rising need for process optimization and faster decision-making is fueling growth in the IT robotic automation market. Organizations across industries are increasingly focusing on streamlining workflows, reducing manual intervention, and enhancing efficiency through automation technologies. Robotic automation solutions enable businesses to minimize errors, accelerate task execution, and improve overall productivity. The integration of artificial intelligence and machine learning further enhances decision-making capabilities, allowing companies to analyze vast amounts of data in real-time. Additionally, businesses are leveraging automation to improve customer service, optimize resource allocation, and maintain a competitive edge. As digital transformation continues to evolve, the demand for intelligent automation solutions will further accelerate market expansion, driving significant growth opportunities for IT robotic automation.

Restraint Factor for the IT Robotic Automation Market

Integration Challenges with Existing Legacy Systems Create Barriers to Market Growth

Integration challenges with existing legacy systems create barriers to market growth in the IT robotic automation market, as many organizations rely on outdated infrastructure that lacks compatibility with modern...

Global Cognitive Robotic Process Automation Market is Expected reach $3,620.8 million by 2026. The report offer in-depth detail regarding CRPA market size, industry analysis, forecast and trends.