Global Industrial Robotics Market Size to Surpass USD 85.63 Billion at a CAGR of 13.7% Growth By 2034

According to the report, the global industrial robotics market size was valued at approximately USD 23.71 Billion in 2024 and is predicted to reach around USD 85.63 Billion by the end of 2034, expanding at a CAGR of around 13.7% from 2025 to 2034.

Industrial robots are workers that can do risky or repetitive duties for manufacturing operations with high accuracy. The fulcrum of industrial robotics is the industrial robot, which is described as an automatically controlled, reprogrammable, multipurpose manipulator with three or more axes. For use in industrial automation, industrial robots can be either stationary or mobile. The implementation of various types of production control techniques, as well as the introduction of automation solutions, are significant components of current product development policies, thus driving the growth of the market. In addition, increased awareness of industrial robots has resulted in their deployment in industries ranging from manufacturing to healthcare. Industrial robotics is a rapidly growing market with a wide range of applications across all industry verticals.

Moreover, the high cost of labor in the developed region, combined with the growing desire for automation, has resulted in an increase in industrial robot shipments for applications ranging from basic consumer applications to factory applications. Furthermore, this market is being pushed mostly by a global increase in labor costs, which has led firms to replace human labor with robots. However, large capital investment is required not only for the acquisition of the robot, but also for integration, programming, and maintenance may hamper the market growth.

The Industrial Robotics Market is categorized based on Type, Component, Payload, Application, and Industry. Based on Type, the global market is distinguished into Traditional Industrial Robots, Articulated Robots, SCARA Robots, Parallel/Delta Robots, Cartesian/Linear/Gantry Robots, Other Robots (Cylindrical robots, Spherical robots, and Swing-arm robots), and Collaborative Robots. Based on Component, the global market is distinguished into Robotic Arms, Robot Accessories, End Effectors, Controllers, Drive Units, Vision Systems, Sensors, Power Supply, Others, Additional Hardware (Safety, fencing, fixtures, conveyors, etc.), System Engineering, and Software & Programming. Based on Payload, the global market is distinguished into Up to 16.00 kg, 16.01–60.00 kg, 60.01–225.00 kg, and More than 225.00 kg.

Based on Application, the global market is distinguished into Handling, Assembling and Disassembling, Welding and Soldering, Dispensing, Processing, and Others (Inspection & quality-testing and die-casting & molding). Based on Industry, the global market is distinguished into Handling, Automotive, Electrical and Electronics, Metals and Machinery, Plastics, Rubber, and Chemicals, Food and Beverages, Precision Engineering and Optics, Pharmaceuticals and Cosmetics, and Others (Paper and printing, foundry and forging, ceramics and stone, and wood).

During the forecast period, APAC led the Industrial Robotics Market. The rapid adoption of modern technologies in countries such as India and China is expected to drive market expansion. Because of its solid financial position, it can invest extensively in the adoption of cutting-edge tools and technology to ensure efficient corporate operations. Furthermore, the automobile industry is a key adopter of industrial robotics with a wide range of applications, therefore the region's rising automotive industry will boost the market. North America, which is one of the major innovators and pioneers in robotics adoption, is also predicted to rise significantly. The use of robots in the region is increasing, which is making US companies more competitive and creating new job opportunities. Growing expenditures in automotive facility automation show a consistent increase in robotic process automation in the region.

Key players functioning in the Industrial Robotics Market market include ABB (Switzerland), FANUC (Japan), YASKAWA(Japan) KUKA (Germany), Mitsubishi Electric (Japan) (Japan), Kawasaki Heavy Industries (Japan), Denso Corporation (Japan), NACHI-FUJIKOSHI (Japan), Seiko Epson (Japan), DÜrr (Germany), Universal Robots (Denmark), Stäubli (Switzerland), Comau (Italy), B+M SURFACE SYSTEMS (Germany), ICR Services (US), IRS Robotics (Netherlands), Hyundai Robotics (South Korea), Siasun Robotics (China), RobotWorx (US), Techman Robot (Taiwan), Rethink Robotics (Germany), FrankaEmika (Germany), F&P Robotics (Switzerland), Bosch Rexroth (Germany).

Recent developments:

• In 2021, Kuka AG unveiled the first version of its new operating system, iiQKA.OS, which will greatly simplify robot use. This new operating system serves as the foundation for a whole ecosystem, offering a diverse range of programs, components, apps, equipment, and services.
• In 2021, OMRON Corporation has introduced their new industrial robot, the 'i4 series SCARA robot.' The robot offers automatic high-precision, high-speed assembly and is simple to install and transport. The i4 series robots are designed to be tiny and ideal for lightweight applications.

Browse the full “Industrial Robotics Market By Type (Articulated Robots, SCARA Robots, Cartesian Robots, Cylindrical Robots, Parallel Robots, Collaborative Robots), By Component (Robot Arm, End Effector, Controller, Drive, Sensor), By Application (Material Handling, Welding, Painting, Assembly, Inspection, Dispensing, Others), By End-user Industry (Automotive, Electrical & Electronics, Metals & Machinery, Food & Beverage, Pharmaceuticals, Others), and By Region: Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 - 2034.” Report at https://www.zionmarketresearch.com/report/industrial-robotics-market

Industrial Robotics Market: Competitive Analysis

The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market, including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the industrial robotics market on a global and regional basis.

The global industrial robotics market is dominated by players like:

• Motoman
• Kawasaki Heavy Industries Ltd.
• ABB Ltd.
• Nachi-Fujikoshi Corp.
• Mitsubishi Electric Corporation
• Nippon
• Staubli
• Daihen Corporation
• Fanuc Corporation
• Panasonic Corporation
• Denso Corporation
• Omron Corporation
• Epson Robots
• Rockwell Automation Inc.
• KUKA AG
• Yaskawa Electric Corporation
• Siemens AG
• Dixon Automatic Tool Inc.
• Seiko Epson Corporation
• and Comau SpA.

Industrial Robotics Market is segmented as follows:

By Type

• Traditional Industrial Robots
• Articulated Robots
• SCARA Robots
• Parallel/Delta Robots
• Cartesian/Linear/Gantry Robots
• Other Robots (Cylindrical robots, Spherical robots, and Swing-arm robots)
• Collaborative Robots

By Component

• Robotic Arms
• Robot Accessories
• End Effectors
• Controllers
• Drive Units
• Vision Systems
• Sensors
• Power Supply
• Others
• Additional Hardware (Safety fencing, fixtures, conveyors, etc.)
• System Engineering
• Software & Programming

By Payload

• Up to 16.00 kg
• 16.01–60.00 kg
• 60.01–225.00 kg
• More than 225.00 kg

By Application

• Handling
• Assembling and Disassembling
• Welding and Soldering
• Dispensing
• Processing
• Others (Inspection & quality-testing and die-casting & molding)

By Industry

• Handling
• Automotive
• Electrical and Electronics
• Metals and Machinery
• Plastics, Rubber, and Chemicals
• Food and Beverages
• Precision Engineering and Optics
• Pharmaceuticals and Cosmetics
• Others (Paper and printing, foundry and forging, ceramics and stone, and wood)

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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