https://www.rootsanalysis.com/privacy.htmlhttps://www.rootsanalysis.com/privacy.html
The robotics market size is projected to grow from $64.8 billion in 2024 to $375.82 billion by 2035, growing at a CAGR of 17.33% during the forecast period till 2035.
The global market for industrial robots is projected to grow steadily between 2018 and 2028. In 2020, the size of the market was estimated at around 55 billion U.S. dollars, with some 2.7 million units of industrial robots in operation worldwide. In 2028, the market size is projected to surpass 165 billion U.S. dollars.
https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy
The Robotics Industry is Segmented by Type (Industrial, Service), End-User (End-Users of Industrial Robots (Automotive, Food & Beverage, Electronics, Other End-Users of Industrial Robots), End-Users of Service Robots (Logistics, Military and Defense, Medical and Healthcare, Other End-Users of Service Robots), and Geography (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.
https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy
The Report Covers Industrial Robot Market Manufacturers & Companies and is Segmented by Type of Robot (Articulated Robots, Linear Robots, Cylindrical Robots, Parallel Robots, SCARA Robots), End-User Industry (Automotive, Chemical and Manufacturing, Construction, Electrical and Electronics, Food and Beverage, Machinery and Metal, Pharmaceutical), and Geography( (North America (United States and Canada), Europe (United Kingdom, France, Germany, Rest of Europe), Asia-Pacific(Japan, China, India, South Korea, Rest of Asia Pacific), Latin America, Middle East and Africa). The Market Sizes and Forecasts are in Terms of Value (USD) for all the Above Segments.
https://www.futuremarketinsights.com/privacy-policyhttps://www.futuremarketinsights.com/privacy-policy
FMI's recent global robotics market report envisions a promising future. With projected market revenue of US$ 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% |
https://www.futuremarketinsights.com/privacy-policyhttps://www.futuremarketinsights.com/privacy-policy
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% |
https://www.rootsanalysis.com/privacy.htmlhttps://www.rootsanalysis.com/privacy.html
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.
https://www.imarcgroup.com/privacy-policyhttps://www.imarcgroup.com/privacy-policy
United States robotics market size is projected to exhibit a growth rate (CAGR) of 4.00% during 2024-2032. The escalating demand for advanced technologies that contribute to enhanced safety in perilous environments, heightened production efficiency, cost reduction, and product quality improvement is primarily driving the market growth across the country.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
| 2023 |
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Growth Rate (2024-2032) | 4.00% |
Robotics encompasses the exploration of robots and their conceptualization, evolution, construction, operation, and practical application. It involves the deployment of automated machines to execute tasks that are either too intricate or hazardous for human involvement. These robotic systems find utility across a spectrum of functions, including assembly, inspection, welding, painting, cutting, and packaging. The significance of robotics has grown significantly across various sectors, spanning manufacturing, healthcare, and defense. Moreover, it harbors the potential to transform operational methodologies in diverse industries, potentially diminishing reliance on human labor while boosting operational efficiency. The scope of robotics extends to creating interactive robots capable of engaging with humans and their surroundings, with applications extending to oceanic and space exploration, as well as harsh environments. Furthermore, robotics has facilitated the development of autonomous vehicles, including self-driving cars and drones, and has ventured into realms such as surgical procedures, search and rescue operations in disaster-stricken areas, and medical diagnostics.
The United States robotics market is a dynamic and rapidly expanding sector at the forefront of technological innovation. Marked by a surge in demand across various industries, including manufacturing, healthcare, logistics, and defense, the market reflects a transformative influence on the nation's industrial landscape. Additionally, the deployment of robotics in manufacturing processes has revolutionized efficiency, precision, and output, leading to increased competitiveness on a wide scale. In healthcare, robotic systems are contributing to advancements in surgical procedures, rehabilitation, and patient care, which is positively influencing the market growth. The growth of the U.S. robotics market is also propelled by ongoing research and development, fostering the creation of cutting-edge technologies like artificial intelligence and machine learning, which further enhance the capabilities of robotic systems. With an emphasis on innovation, efficiency, and addressing societal challenges, the United States robotics market is expected to fuel over the forecasted period.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on product type.
Product Type Insights:
https://www.imarcgroup.com/CKEditor/154ca7e3-44e8-47f5-b158-1da9337e5d82other-regions1.webp" style="height:450px; width:800px" />
The report has provided a detailed breakup and analysis of the market based on the product type. This includes industrial [breakup by type (articulated, cartesian, SCARA, cylindrical, and others)] and service [breakup by type (personal and domestic and professional) and breakup by application (household applications, entertainment applications, defense applications, field applications, logistics applications, healthcare applications, infrastructure applications, mobile platform applications, cleaning applications, and others)].
Regional Insights:
https://www.imarcgroup.com/CKEditor/8d716ced-46f7-4a60-b09f-1b739adaed82other-regions8.webp" style="height:450px; width:800px" />
The report has also provided a comprehensive analysis of all the major regional markets, which include the Northeast, Midwest, South, and West.
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
---|---|
Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | Billion US$ |
Scope of the Report | Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
|
Product Types Covered |
|
Regions Covered | Northeast, Midwest, South, West |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699 |
Post-Sale Analyst Support |
https://www.futuremarketinsights.com/privacy-policyhttps://www.futuremarketinsights.com/privacy-policy
With a market valuation of USD 55.1 Billion by 2025, we expect the company to grow to USD 291.1 Billion by 2035 with a compound annual growth rate of 18.1%. Advanced robotics in production lines is helping companies scale up productivity and quality consistency while bringing down operational expenses.
Metric | Value |
---|---|
Market Size (2025E) | USD 55.1 Billion |
Market Value (2035F) | USD 291.1 Billion |
CAGR (2025 to 2035) | 18.1% |
Country Wise Analysis
Country | CAGR (2025 to 2035) |
---|---|
USA | 17.6% |
Country | CAGR (2025 to 2035) |
---|---|
UK | 17.1% |
Country | CAGR (2025 to 2035) |
---|---|
European Union (EU) | 18.0% |
Country | CAGR (2025 to 2035) |
---|---|
Japan | 17.8% |
Country | CAGR (2025 to 2035) |
---|---|
South Korea | 18.1% |
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% |
https://www.expertmarketresearch.com/privacy-policyhttps://www.expertmarketresearch.com/privacy-policy
The global robotics market was valued at USD 28.31 Billion in 2024. It is expected to grow at a CAGR of 11.00% from 2025 to 2034, reaching approximately USD 80.38 Billion by 2034. The global robotics market is expanding rapidly, driven by advancements in technology and increasing demand across various industries. Robotics has emerged as a key driver of automation in sectors such as manufacturing, healthcare, and entertainment. The market for medical robots, including robotic surgery systems, has grown significantly due to the rising demand for precision in the healthcare industry. Additionally, industrial robotics in robotics market, including robotic arms, continues to see a surge in demand with the adoption of Industry 4.0 practices. The integration of artificial intelligence into robotics is enhancing machine capabilities, enabling robots to perform complex tasks with higher accuracy and efficiency. Despite the market's promising growth, challenges such as high initial costs and technical complexity continue to limit widespread adoption. According to the latest forecasts, the robotics market is expected to grow at a robust CAGR during the forecast period, with entertainment robots also contributing to this rapid expansion.
https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy
Indonesia Robotics Market is Segmented by Type (Industrial Robots (Automotive, Food & Beverage, Electronics, Other End Users of Industrial Robots), Service Robots (Logistics, Military and Defense, Medical and Healthcare, Other End Users of Service Robots)) and Region (Java, Sumatra, Kalimantan, and Other Regions (Sulawesi, Papua & Muluku, and Bali & Nusa Tenggara)). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.
https://www.futuremarketinsights.com/privacy-policyhttps://www.futuremarketinsights.com/privacy-policy
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% |
https://www.emergenresearch.com/purpose-of-privacy-policyhttps://www.emergenresearch.com/purpose-of-privacy-policy
Get detailed insights into the current valuation of Industrial Robotics market size, including growth analysis, current market status and future market projections.
https://www.cognitivemarketresearch.com/privacy-policyhttps://www.cognitivemarketresearch.com/privacy-policy
According to Cognitive Market Research, the global robotics market size will be USD 34516.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 13.00% 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 13806.64 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 10354.98 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 7938.82 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 1725.83 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.4% 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 690.33 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.7% from 2024 to 2031.
The autonomous mobile robots (AMRs) category is the fastest growing segment of the robotics industry
Market Dynamics of Robotics Market
Key Drivers for Robotics Market
Increasing Demand for Automation Across Industries to Boost Market Growth
The increased demand for automation is a significant driver of the robotics market. Industries such as manufacturing, logistics, and healthcare are incorporating robots to improve efficiency, precision, and output. Automation lowers operational costs and tackles workforce shortages, especially in areas with elderly populations. For example, robotic arms are widely used in the manufacturing sector for welding, assembly, and painting. In contrast, robots are used in the logistics business for warehouse management and last-mile delivery. Additionally, the adoption of service robots, such as delivery bots and robotic nurses, is on the rise. This trend underscores the pivotal role of automation in driving market expansion. In addition, the market is anticipated to grow during the projected period as a result of players in the industry adopting Robotics. For instance, according to the International Federation of Robotics (IFR), the global stock of operational industrial robots hit 3.5 million units in 2023, up 10% from the previous year.
Advancements in Artificial Intelligence and Machine Learning
Technological advancements in AI and machine learning (ML) are revolutionizing robotics. AI-powered robots can perform complex tasks, adapt to dynamic environments, and make data-driven decisions in real-time. Machine learning enhances their ability to learn from experience, increasing efficiency and autonomy. Applications such as autonomous mobile robots (AMRs) and collaborative robots (cobots) benefit significantly from these innovations. These technologies are enabling robots to enter diverse industries, from smart manufacturing and healthcare to agriculture and defence, accelerating overall market growth.
Restraint Factor for the Robotics Market
High Initial Costs and Maintenance Challenges Will Limit Market Growth
The substantial initial cost necessary to purchase, deploy, and maintain robotic systems is a significant barrier to entry in the robotics sector. Businesses, particularly small and medium-sized firms (SMEs), frequently encounter financial difficulties when implementing robotics. The initial costs cover not only the procurement of robots but also the integration of hardware, software, and supporting infrastructure. Furthermore, maintaining and improving robotic systems necessitates specialized skills and technical knowledge, resulting in increased operational costs.
Impact of Covid-19 on the Robotics Market
The COVID-19 epidemic had a huge impact on the robotics business, increasing adoption across a variety of industries. Lockdowns, workforce shortages, and social distancing mandates underlined the critical role of automation in ensuring operational continuity. Robots have played an important role in healthcare, with autonomous devices employed to disinfect hospitals, transport prescriptions, and undertake non-contact temperature assessments. Similarly, the e-commerce and logistics industries saw an increase in demand for warehouse and delivery robots to accommodate higher online shopping vol...
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.
https://www.cognitivemarketresearch.com/privacy-policyhttps://www.cognitivemarketresearch.com/privacy-policy
According to Cognitive Market Research, the global Marine Robotics market will be USD XX billion in 2023 and expand at a compound annual growth rate (CAGR) of 14.00% from 2023 to 2030.
The global Marine Robotics market will expand significantly by 14.00% CAGR between 2023 and 2030.
The demand for marine robotics is rising due to their use in various industries to reduce costs.
Demand for autonomous underwater vehicles remains higher in the Marine Robotics market.
The defence category held the highest Marine Robotics market revenue share in 2023.
Europe will continue to lead in marine robotics, whereas the North American market will experience the most substantial growth until 2030.
Rising Demand for Oil and Gas to Provide Viable Market Output
The rising demand for oil & gas is to bolster the market's growth. As the global population continues to increase, so does the energy demand, particularly in the form of oil and gas. The oil and gas industry increasingly turns to advanced technologies such as marine robotics for efficient exploration, extraction, and maintenance activities in offshore environments to meet this escalating demand. These robotic systems enhance operational capabilities, reduce human intervention in hazardous offshore locations, and contribute to optimizing oil and gas production processes, making them crucial assets in addressing the growing global energy needs.
Nov 2023 : For instance, according to a report in the Economic Times, ONGC has amassed sites that can produce 280 million tonnes so far.
New product launches to Propel Market Growth
The new product launches have significantly impacted the Marine Robotics market. Companies are introducing innovative solutions that enhance marine robotic systems' efficiency, autonomy, and functionality. These developments cater to a growing demand for autonomous underwater vehicles (AUVs), remotely operated vehicles (ROVs), and uncrewed surface vehicles (USVs) across various industries. Introducing cutting-edge technologies, such as artificial intelligence, advanced sensors, and improved communication systems, further propels market growth. New product launches address evolving customer needs and foster competitiveness, driving the expansion of the marine robotics market on a global scale.
SEPTEMBER 2019 : For instance, in a recent development, General Dynamics propounded its Bluefin-12, which is claimed to be a lightweight medium-class unmanned underwater vehicle (UUV).
Market Dynamics of the Marine Robotics
Increase in Cyber Threats to Restrict Market Growth
The increase in cyber threats constrains the growth of the market. As maritime industries increasingly rely on autonomous systems and connectivity, the vulnerability to cyberattacks rises. Malevolent actors can exploit vulnerabilities in marine robotics, compromising navigation systems, communication channels, and data integrity. The potential consequences include operational disruptions, unauthorized access, and even safety hazards. This heightened cyber security risk poses a formidable challenge to the widespread adoption of marine robotics, necessitating robust measures to safeguard against cyber threats and ensure the secure deployment of autonomous maritime technologies.
Impact of COVID–19 on the Marine Robotics Market?
The COVID-19 outbreak disrupted supply chains, leading to delays in manufacturing and deployment of marine robotic systems. Travel restrictions and lockdowns hindered field operations, affecting data collection and research activities. However, the crisis also accelerated the adoption of remotely operated vehicles (ROVs) and autonomous underwater vehicles (AUVs) for tasks such as offshore inspections and environmental monitoring, driving innovation in the industry. The market demonstrated resilience as organizations increasingly recognized the value of robotic solutions in ensuring business continuity and reducing human intervention in challenging marine environments during the pandemic. Introduction of Marine Robotics
The rising need for autonomous underwater vehicles for various applications, ongoing technological advancements in robotics, growing interest in ocean exploration, rising use of marine robotics in the offshore oil and gas industry, increasing concerns about climate change, and the need for comprehensive ocean monitoring, rising use of marine robotics in mil...
https://www.rootsanalysis.com/privacy.htmlhttps://www.rootsanalysis.com/privacy.html
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
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.
https://www.polarismarketresearch.com/privacy-policyhttps://www.polarismarketresearch.com/privacy-policy
The global industrial robotics market size is expected to reach USD 46.1 billion by 2030 according to a new study by Polaris Market Research.
https://www.rootsanalysis.com/privacy.htmlhttps://www.rootsanalysis.com/privacy.html
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.
https://www.rootsanalysis.com/privacy.htmlhttps://www.rootsanalysis.com/privacy.html
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.