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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%.
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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 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.
Metric | Value |
---|---|
Industry Size (2025E) | USD 8.2 billion |
Industry Value (2035F) | USD 35.3 billion |
CAGR (2025 to 2035) | 15.7% |
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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%.
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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).
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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
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
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.
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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 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
Attributes | Description |
---|---|
Industry Size (2025E) | USD 4,850.4 million |
Industry Size (2035F) | USD 26,633.4 million |
CAGR (2025 to 2035) | 18.2% CAGR |
Country-wise Insights
Countries | CAGR from 2025 to 2035 |
---|---|
India | 20.8% |
China | 22.1% |
Germany | 15.3% |
Japan | 18.5% |
United States | 17.2% |
Category-wise Insights
Component | CAGR (2025 to 2035) |
---|---|
Services | 20.5% |
Industry | Value Share (2025) |
---|---|
Manufacturing Resources | 29.4% |
Competition Outlook
Company Name | Estimated Market Share (%) |
---|---|
UiPath | 22-27% |
Automation Anywhere | 15-20% |
Blue Prism | 12-18% |
Microsoft Power Automate | 8-12% |
Pegasystems | 6-10% |
Other Companies (combined) | 25-35% |
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Global Kitchen Robotics And Automation market size is expected to reach $4.32 billion by 2029 at 10.4%, segmented as by collaborative robots
Robotic process automation market revenues are expected to eclipse **** billion U.S. dollars worldwide in 2020. Forecasts predict continued growth in the coming years with market value set to reach more than *** billion by 2023. Robotic Process Automation RPA is a type of IT solution that allows organizations to automate many of their tasks through the use of specialized software programs. Many business executives believe that RPA can bring many benefits, saving their company time on repetitive tasks and serving to increase the quality of work that their company produces. Blueprism, NICE, and UiPath are some of the biggest names in the industry, each with a significant share of the overall market. Automation Automation on a broader scale extends past the software market and into hardware, especially in the context of manufacturing. The factory automation segment is by far the biggest segment in the industry, whilst process automation and industrial software also account for significant shares. As automation software becomes more advanced, it remains to be seen how much of an effect it will have on employment levels, across a variety of industries.
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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.
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...
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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.
In 2021, the warehouse robotics market generated revenue to the value of *** billion U.S. dollars worldwide. Warehouses have boosted their automation efforts in order to tackle the shortage of manpower during the coronavirus pandemic. By 2030, this market is expected to exceed ** billion U.S. dollars in revenue.
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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
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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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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).
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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...
The robotic process automation (RPA) market was estimated to be worth *** billion U.S. dollars in 2022. This market is forecast to grow with a CAGR of **** percent from 2022 to 2032. The market size is expected to be valued at **** billion U.S. dollars by 2032.
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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%.