The global industrial robotics market is evolving rapidly, driven by a surge in adoption in the manufacturing, electronics, and logistics sectors. As industries embrace automation and smart factories, the sector is projected to grow from USD 19.8 billion in 2024 to USD 52.7 billion by 2033, reflecting a healthy CAGR of 11.47 %. Innovation in robotic systems, the expansion of applications into non-automotive fields, and the momentum of Industry 4.0 are supporting this upward trajectory.
STUDY ASSUMPTION YEARS
BASE YEAR: 2024
HISTORICAL YEAR: 2019 (through 2019–2024 period)
FORECAST YEAR: 2033 (forecast period 2025–2033)
INDUSTRIAL ROBOTICS MARKET KEY TAKEAWAYS
The market value stood at USD 19.8 billion in 2024, and it is expected to reach USD 52.7 billion by 2033, growing at a CAGR of 11.47 %
Asia Pacific leads globally in adoption, supported by manufacturing hubs and automation drive.
Type segmentation is classified into Articulated, Cartesian, SCARA, Cylindrical, Parallel, and Others.
Function segmentation includes soldering & welding, materials handling, assembling/disassembling, painting & dispensing, milling/cutting/processing, and others.
End-use industries span automotive, electrical & electronics, chemical/ rubber & plastics, machinery & metals, food & beverages, precision & optics, pharmaceutical, and others.
The report maps regional growth across North America, Asia Pacific, Europe, Latin America, and Middle East & Africa.
MARKET GROWTH FACTORS
1 - Automation Adoption:
The industrial robotics market is booming, thanks to the growing adoption of automation. This surge is driven by the need for greater efficiency, precision, safety, and cost savings across various sectors like manufacturing, logistics, and healthcare. Robots are stepping up productivity by completing tasks more quickly, minimizing errors, and enhancing product quality. They also help tackle labor shortages and cut down on operational costs. By taking on repetitive or dangerous jobs, automation boosts workplace safety and provides flexibility with customizable, adaptable systems. Innovations in technology, such as AI, advanced sensors, and vision systems, are enhancing robots' capabilities. Plus, collaborative robots, or cobots, are making automation more user-friendly by working safely alongside people. The move towards Industry 4.0 and smart manufacturing is further driving the demand for integrated robotic solutions. On top of that, the expanding range of applications in different industries and new business models like robot leasing are opening up even more opportunities for adoption.
2 - AI and Digitalization:
AI and digitalization are shaking up the industrial robotics scene by making robots smarter, more adaptable, and super-efficient. With AI, robots gain the ability to make decisions, learn on the fly, predict maintenance needs, and improve quality control. Plus, collaborative robots, or cobots, can now work safely alongside humans. Digitalization plays a key role here by providing the data backbone through IoT and connectivity, which allows for real-time monitoring and smooth integration into smart factories. Digital twins create virtual simulations that help ensure safer and more optimized deployments, while data-driven automation keeps improving supply chains. Together, these technologies boost flexibility, responsiveness, and scalability, enabling quick adjustments to production lines to meet ever-changing market demands. By merging AI and digitalization, industrial robotics is evolving into smarter, more autonomous systems that enhance productivity, safety, and quality in manufacturing operations.
3 - Collaborative Robots (Cobots):
Collaborative robots, commonly known as cobots, are making waves in the industrial robotics scene by facilitating safe teamwork between humans and machines. This not only enhances flexibility but also helps cut costs, particularly for small and medium-sized enterprises (SMEs). Cobots are cost-effective, deliver quicker returns on investment, and are much easier to program and implement without the need for complex safety protocols, which makes automation more accessible to everyone. They take over repetitive or physically taxing tasks, allowing employees to focus on more meaningful work. The demand for automation has surged, especially due to the pandemic, and with supportive government policies in countries like China, Japan, and India, we’re seeing a rise in adoption. With projected growth rates of 20–30%, cobots are increasingly dominating robot orders and expanding into a variety of industries, such as logistics, electronics, automotive, healthcare, and beyond.
Request for a sample copy of this report:
https://www.imarcgroup.com/industrial-robotics-market/requestsample
MARKET SEGMENTATION
Breakup by Type:
Articulated Robots
Cartesian Robots
SCARA Robots
Cylindrical Robots
Parallel Robots
Others
Breakup by Function:
Soldering and Welding
Materials Handling
Assembling and Disassembling
Painting and Dispensing
Milling, Cutting and Processing
Others (Function)
Breakup by End Use Industry:
Automotive
Electrical & Electronics
Chemical, Rubber & Plastics
Machinery & Metals
Food & Beverages
Precision & Optics
Pharmaceutical
Others (End Use)
Breakup by Region:
North America
Asia Pacific
Europe
Latin America
Middle East & Africa
REGIONAL INSIGHTS
Asia Pacific dominates the industrial robotics market, thanks to strong adoption across China, Japan, South Korea, and emerging markets. The region benefits from high manufacturing density, government incentives, and deep automation ecosystems, fueling consistent growth and market leadership.
RECENT DEVELOPMENTS & NEWS
Recent innovations in industrial robotics underscore increasing intelligence, efficiency, and interoperability. Companies are integrating advanced vision systems, AI-based path planning, and sensor fusion to make robots smarter and safer in collaborative settings. The increasing role of robotics in flexible manufacturing setups, augmented reality–driven maintenance, and modular robotic kits for SMEs is shaping a more responsive automation landscape. These trends reflect the market’s push toward agility, scalability, and deeper integration across industries.
KEY PLAYERS
ABB Ltd.
DAIHEN Corporation
DENSO Corporation
FANUC Corporation
Kawasaki Heavy Industries Ltd.
KUKA AG
Mitsubishi Electric Corporation
Nachi-Fujikoshi Corp.
OMRON Corporation
Panasonic Corporation
Seiko Epson Corporation
Universal Robots A/S (Teradyne Inc.)
Yamaha Motor Co. Ltd.
Yaskawa Electric Corporation
Ask Analyst for Customization:
https://www.imarcgroup.com/request?type=report&id=5155&flag=C
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include a thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape, and benchmarking analyses, pricing and cost research, and procurement research.
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: (+1-201971-6302)
