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%.

Overview

This dataset provides insights into the adoption of robotics and AI-driven automation across various industries over several years. It includes metrics such as the total number of robots adopted, productivity gains, job displacement, cost savings, and training hours required for skill development due to automation. This data can help analyze the socio-economic impacts of robotics in manufacturing, healthcare, logistics, and other sectors. Researchers, policymakers, and business strategists can use this dataset to understand trends in industrial automation and its implications on the workforce and economy.

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.

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).

The robotic process automation market is projected to grow from $6.4 billion in 2024 to $115.5 billion by 2035, representing a CAGR of 30.04% during the forecast period 2024-2035

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).

Mexico industrial robotics & automation market is valued at USD 2.5 billion, driven by automotive and electronics sectors, government incentives, and rising automation demand.

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.

The Robotic Process Automation Market size is expected to reach USD 49.8 billion in 2034 growing at a CAGR of 23.7%. The Robotic Process Automation Market report classifies market by segmentation, growth drivers, demand, trend, and forecast insights.

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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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

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

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...

Poland Industrial Robotics & Automation Market valued at USD 500 Mn, driven by Industry 4.0, automation demand, and government incentives, with growth in automotive and electronics sectors.

It Robotic Automation Market size is growing with a CAGR of 16.5% in the prediction period and it crosses USD 17.25 Bn by 2032 from USD 5.92 Bn in 2025

The Asia-Pacific Robotic Process Automation Market Report is Segmented by Solution (Software and Services), Enterprise Size (Small and Medium Enterprises, and Large Enterprises), Deployment Mode (On-Premises, and Cloud), End-User Industry (BFSI, IT and Telecom, Healthcare and Life Sciences, and More), and Country. The Market Forecasts are Provided in Terms of Value (USD).

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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According to Cognitive Market Research, the global Artificial Intelligence Robotics Market size was USD 13514.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 39.20% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 5405.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 37.4% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 4054.35 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 3108.34 million in 2024 and will grow at a compound annual growth rate (CAGR) of 41.2% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 675.73 million in 2024 and will grow at a compound annual growth rate (CAGR) of 38.6% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 270.29 million in 2024 and will grow at a compound annual growth rate (CAGR) of 38.9% from 2024 to 2031.
The service robots category is the fastest growing segment of the Artificial Intelligence Robotics industry

Market Dynamics of Artificial Intelligence Robotics Market

Key Drivers for Artificial Intelligence Robotics Market

The Integration of Artificial Intelligence in Robotics Drives Industry Growth

The integration of artificial intelligence (AI) into robotics is a key driver of growth in the industry. AI technologies enable robots to perform more complex tasks, including object recognition, decision-making, and autonomous navigation. These capabilities enhance robot performance across various sectors, such as manufacturing, healthcare, and logistics. As AI algorithms improve and processing power increases, robots can operate more efficiently and cost-effectively, driving widespread adoption and creating new market opportunities. This technological advancement is enabling robotics to become more accessible to various industries seeking automation solutions.

The Growing Need for Automation Across Industries Driving the AI Robotics Market

The growing need for automation in industries such as manufacturing, healthcare, and logistics is another major driver of the AI robotics market. Companies are increasingly investing in AI-powered robots to enhance productivity, reduce labour costs, and improve operational efficiency. In industries like automotive manufacturing, robots equipped with AI are used for assembly, inspection, and material handling tasks, significantly boosting throughput and minimizing errors. As businesses face pressure to remain competitive and scalable, the demand for AI robotics solutions is expected to rise, further propelling market growth.

Restraint Factor for the Artificial Intelligence Robotics Market

High Upfront Investment and Ongoing Costs in AI Robotics Implementation: A Significant Barrier for Small and Medium Enterprises

Despite the promising benefits, the high upfront cost of implementing AI-driven robotic systems remains a significant restraint for many businesses, particularly small and medium enterprises (SMEs). These advanced systems require considerable investment in terms of hardware, software, and integration, which can be prohibitive for companies with limited budgets. Additionally, the need for ongoing maintenance, training, and updates to keep these systems running efficiently can further add to the costs. As a result, the initial financial barriers can limit the widespread adoption of AI robotics, particularly in price-sensitive sectors.

Impact of Covid-19 on the Artificial Intelligence Robotics Market

The COVID-19 pandemic accelerated the adoption of artificial intelligence (AI) and robotics as businesses sought automation solutions to minimize human interaction and ensure operational continuity. The crisis heightened the demand for robotics in sectors such as healthcare, logistics, and manufacturing, driving innovation and investment. However, disruptions in supply chains and economic uncertainty slowed the deployment of AI robotics in some regions. Despite these challenges, the pandemic has ultimately underscored the importance of AI-driven automation for businesses seeking efficiency and resilience in the face of future crises, leading to long-term growth in the market. I...

The collaborative robot (cobot) market is experiencing robust growth, projected to reach a market size of $793.3 million in 2025 and maintain a Compound Annual Growth Rate (CAGR) of 11.2% from 2025 to 2033. This expansion is driven by several key factors. Increasing automation needs across diverse industries, including automotive, electronics, food and beverage, and plastics, are fueling demand for cobots' flexibility and ease of integration. Cobots are particularly attractive for tasks requiring human-robot collaboration, such as assembly, packaging, and machine tending, where their ability to work safely alongside human workers is a significant advantage. Furthermore, advancements in artificial intelligence (AI) and machine learning are enhancing cobot capabilities, leading to improved precision, efficiency, and adaptability. The market is segmented by application (automobile, IT, metal and processing, plastics and polymers, food and beverage, and others) and by payload capacity (below 5 kg, 5-10 kg, and more than 10 kg), reflecting the diverse needs and applications of this technology. The presence of established players like Universal Robots, ABB, and FANUC, alongside emerging innovative companies, fosters competition and drives innovation within the market. Geographical distribution shows strong growth across North America, Europe, and the Asia-Pacific region, with China and the United States representing significant markets. However, the market is not without its challenges. High initial investment costs and the need for skilled labor to program and maintain cobots can act as restraints. Nevertheless, ongoing technological advancements, decreasing prices, and expanding application areas are expected to mitigate these challenges and fuel sustained market growth throughout the forecast period. The market is expected to see a further diversification of applications, with a rising interest in smaller, more affordable cobots for use in smaller businesses and emerging markets. This will lead to significant opportunities for both established and new players in the industry.