Industrial Robotics Market Size – By Type & By End Use - Global Forecast, 2025 - 2034

Industrial Robotics Market Size

The global industrial robotics market size was valued at USD 17.78 billion in 2024 and is estimated to grow at CAGR of 13.3% to reach USD 60.14 billion by 2034. The escalating demand for automation across various industries and the challenges posed by labor shortages coupled with rising labour costs are driving the growth of the market.
 

The demand for automation in the manufacturing sector is one of the key factors propelling the industrial robotics market. Businesses from automotive, electronics, food and beverage, pharmaceutical, and consumer goods industries are adopting robotic technologies for improving operational efficiency, lowering costs, and improving the quality of products. For instance, Tesla and BMW have robotic arms for welding, painting, and assembly that has increased accuracy and lowered time required for production in the automotive industry.
 

As reported by the International Federation of Robotics IFR, there were around 517,385 units of industrial robots installed worldwide in the year 2023, which indicates a 5 percent increase over the previous year. The increased use of e-commerce also increased the demand for robotics in logistics, as Amazon and other companies started using automated robotic systems for sorting and managing the stored inventory in the warehouses. With the industries focusing more on productivity and efficiency, robotic systems are going to be adopted at a faster rate than before. 
 

One of the key reasons industries are moving towards robotic automation is a shortage of available workers coupled with an increase in operational costs. Countries such as the US, Japan, and Germany are now contending with a lack of available skilled workers because of an aging population. This problem is compounded by increasing wages in developing countries like China and India which further pushes the need for companies to seek cheaper options.
 

Robots offer a dependable solution since they can repetitively and accurately accomplish tasks without the need to rest, thus lessening the reliance on human labor. For example, one of the major electronics manufacturers, Foxconn, has employed over 100,000 industrial robots in their factories to increase productivity during times of labor shortages.
 

In the same way, Ford and Volkswagen cobot are arms that work side by side with humans to help streamline processes in automotive manufacturing. This is most likely to continue with other forms of AI and machine learning technology which make robotics easier to build. According to a claim from the Association for Advancing Automation (A3) last year, manufacturers are said to have one of the most dramatic decreases in the last decade, almost fifty percent for industrial robots, which is very good for companies wanting to improve their cost-efficiency.
 

Industrial Robotics Market Trends

• One of the key trends significantly impacting the growth of the market is cobots or collaborative robots gaining traction in various industrial applications. Unlike traditionally self-operating robots, Cobots are built to interact with human workers in a safe manner. They are able to improve productivity by performing monotonous or ergonomically challenging activities which decreases the burden placed on human workers. Universal Robots and ABB have developed user-friendly, affordable, and multi-purpose programming capable Cobots that can be used for everything from assembly to material handling.
   
• The incorporation of AI and machine learning create smarter, more autonomous industrial robots. Robots powered with AI can lternatively evaluate data, adapt to changes during the production phase, and even optimize processes without human assistance. A case in point is AI powered robotic arms automatons used in automobile manufacturing, which do real time defect detection to ensure high-quality production of consumables. Fanuc and Yaskawa are among the companies seeking AI solutions for automating decision-making processes for industrial robots.
   
• As companies find it more convenient to lease rather than buy robotic units, the Robotics-as-a-Service (RaaS) model has started gaining popularity. This makes upfront investment costs lower, thereby making automation more achievable for small and medium-sized enterprises (SMEs). KUKA and Fetch Robotics provide subscription-based robotic solutions for manufacturing, warehousing, and logistics. The RaaS model is projected to accelerate the use of industrial robotics in different sectors.
   
• The pre-existing robots used in several industries are being retrofitted with more sophisticated vision systems and sensors aimed at improving precision. Using 3D vision technology increases a robot’s ability to identify an object, maneuver within a given space, and carry out more sophisticated tasks like pick-and-place actions. In the logistics and packaging industry, firms such as Cognex and Omron are working on vision-guided robotics for automated sorting and inspection.
   
• The agricultural, food processing, and pharmaceutical industries are some of the newest adopters of industrial robotic technology, while automotive and electronics industries have been utilizing it for a longer time. Today, food packaging automation, robotic systems in dairy farms, and even robotic-assisted surgery in healthcare demonstrate the growing use of industrial robotics beyond conventional manufacturing processes. This shift is anticipated to create new opportunities for long-term growth in the market.
   

Industrial Robotics Market Analysis

Based on type, the market is divided into articulated robots, cartesian robots/ gantry robots, SCARA robots, cylindrical robots, collaborative robots/ COBOTS, parallel robots/ delta robots and polar robots/ spherical robots.
 

• The articulated robots market is valued at 7.12 billion in 2024. Articulated robots have the largest market share amongst industrial robots because of their advanced agility, accuracy, and multi-axis rotation suitable for complex operations like welding, material handling, and painting. Their widespread use in automotive, metalworking, and heavy industries is attributed to the necessity for automation, increased efficiency, and decreased operational costs.
   

• The Collaborative Robots/ COBOTS held a significant market share of over 7.8% in 2024. The segment of robotics known as cobots is growing the fastest due to their ability to aid in the safe human-robot interaction within industries. Unlike industrial robots, cobots assist human workers, therefore, there is no need for safety barriers in industries such as electronics, healthcare, and logistics, resulting in enhanced productivity. Cobot deployment is easy, and with modern AI's cost-effectively nature, advanced adaptability, and versatility, they appeal to large and small enterprises guiding rapid market expansion.
   

Based on End-use, the industrial robotics market is divided into automotive, metal & machinery, rubber & plastic, food & beverage, electrical & electronics, consumer goods, pharmaceuticals and medical devices and others.
 

• The automotive market is expected to reach over USD 20.74 billion by 2034. Robots continue to be most widely used in automotive manufacturing which includes welding, painting, assembly, and quality inspection. The automation and electric vehicles (EVs) market is rapidly growing, as manufacturers aims to enhance precision and efficiency in battery assembly and component production. In the new normal of cost containment and operational efficiency for automakers, increased robotics adoption is anticipated, which will redefine the prospects of automotive manufacturing.
   

• The electrical and electronics market is valued at over USD 5.39 billion in 2024. The electrical and electronics industry is the fastest growing end-use segment for industrial robots due to the increased need for automation in semiconductor fabrication, circuit board assembly, and precision manufacturing. Robotics are being incorporated for highly accurate work as the production level of consumer electronics, 5G devices, and smart appliances continues to rise. Furthermore, robotic adoption for cleanroom environments is also increasing due to rising global investments in semiconductor manufacturing.
   

The U.S. industrial robotics market is projected to grow significantly, reaching over USD 3.84 billion by 2034. Adoption of industrial robotics in the U.S. is heightened in the automotive, electronics, and logistics sectors. Leading firms including Tesla, Ford, and Amazon extensively employ robots for manufacturing and warehouse automation. The United States is also a frontrunner in robotics software and AI integration, with Boston Dynamics and Rockwell Automation making significant strides in intelligent robotics. There is a growing need for cobots and autonomous AI systems, particularly from SME.  
 

Germany Industrial robotics is expected to witness robust growth, with a CAGR of 37.4% by 2034. Germany is the largest industrial robotics market in Europe driven by the automotive and manufacturing industries. BMW, Volkswagen, and Siemens have increasingly automated their production lines, thus improving efficiency and quality with the help of robotics. Germany also hosts robotic manufacturers like KUKA and Festo which are world renowned providers of advanced robotic solutions. The country’s emphasis on Industry 4.0 and smart factories is further enhancing the deployment of AI-powered robots and automation systems.
 

The China industrial robotics market is projected to grow significantly, reaching over USD 1.78 billion by 2034. China is the biggest market for industrial robotics having over half of all industrial robot installations. China’s spending on industrial robotics is being boosted by numerous factors: rapid growths in industrialization, increasing labor costs, and government policies like “Made in China 2025”. The electronics, automotive, and heavy machinery sectors are the leading industries for industrial robotics. Domestic companies like Siasun and DJI are increasing their market shares in China, while global companies such as ABB, Fanuc, Yaskawa have built factories in China to cater the growing need for industrial robotics.
 

Japan held a market size of 62 million in 2024. Japan has one of the highest markets for automation and industrial robots, making them the strongest competitor when it comes to robotics technology, as well as having one of the highest density of robots per capita. The Japanese market for industrial robotics has leading companies like Fanuc, Yaskawa, and Kawasaki Robotics which supply all over the world. With the rise of retirement, elderly workers are the new face of the working class, raising the demand for robotics in the manufacturing and services sector. The government also focuses a lot on supporting research and development of robotics, especially those using AI technology.
 

South Korea industrial robotics market is poised for significant growth, projected to reach over USD 712.5 million by 2034. With regard to the electronics, automotive, and semiconductor industries, South Korea has one of the greatest robot utilizations per capita around the world. Industrial robots are used extensively for precision manufacturing by companies such as Hyundai, Samsung and LG Electronics. South Korean robotics manufacturers, such as Hyundai Robotics and Doosan Robotics, are broadening their international presence. In South Korea, policy measures like the “Intelligent Robot Development and Supply Promotion Act” actively promote robotics innovation and adoption across sectors.
 

Industrial Robotics Market Share

The industrial robotics industry is highly competitive Fanuc Corporation, ABB Group and Yaskawa Electric Corporation are the top 3 companies accounting for a significant share of 47.5% in the market.  Players operating in the global market focus on implementing various growth strategies to strengthen their product portfolio and expand their market presence. These strategies include new product developments & launches, strategic partnerships & collaborations, mergers & acquisitions, and advancements in AI-driven automation. Companies are heavily investing in next-generation robotics, collaborative robots (cobots), and intelligent automation solutions to enhance efficiency, precision, and adaptability across industries.
 

Industrial Robotics Market Companies

List of prominent players operating in the industrial robotics industry include:

• Fanuc Corporation
• ABB Group
• Yaskawa Electric Corporation
• Mitsubishi Electric Corporation
• Kawasaki Heavy Industries, Ltd.
• Staubli Group
   

Fanuc Corporation is a Japanese multinational automating factories with CNC systems, industrial robots, and machine tools. The company strives for providing reliable and advanced automation solutions aimed at enhancing efficiency in diverse sectors of manufacturing. For instance, in July 2024, Fanuc America completed the construction of West Campus in Auburn Hills, Michigan, as part of a strategic investment of $250 million to increase support for industrial automation in North America. This particular expansion also includes a custom design automation system and a warehouse designed to store in excess of 6000 robots and spare parts which illustrates Fanuc’s commitment to meeting the needs of the region.
 

ABB Group is a multinational company from Switzerland and Sweden that specializes in electrification, industrial automation, motion, and robotics. It serves customers globally with new technologies aimed at enhancing performance and sustainability. For instance, in October 2024, ABB got a new CEO Morten Wierod. He stressed the need for performance after the company had mixed results in the third quarter. Even with these issues, ABB has been able to increase profit guidance slightly which shows strong operational stamina. Wierod underscored plans to increase spending on research, development, capital expenditures, and adopt a more aggressive approach to profitable growth with an improved strategy for mergers and acquisitions.
 

Industrial Robotics Industry News

• In March 2025, ABB expanded its robotic solutions for logistics and e-commerce supply chains with two new AI-powered functional modules in its Item Picking family. Featuring ABB’s AI-based vision technology, tested by leading fashion retail and logistics companies, the Fashion Inductor and Parcel Inductor enhance automation in item picking and sorter induction, two critical logistics processes.
   
• In March 2024, ABB announced that it is expanding its North American robotics headquarters and manufacturing facility in Auburn Hills, Mich. The company said it is investing USD 20 million in the construction project, which it said will create 72 skilled jobs and will be completed.
   
• In May 2024, Realtime Robotics, the leader in collision-free autonomous motion planning for industrial robots, announced that it has secured a strategic investment from Mitsubishi Electric Corporation. This is the lead investment in Realtime Robotics’ recently opened Series B round. Mitsubishi Electric was also a participant in the Series A round, and will be adding a senior representative to Realtime’s Board of Directors.
   
• In October 2022, ABB partnered with Scalable Robotics to develop its portfolio of robotics welding systems. The Scalable Robotics technology enables users to easily program welding robots without the need for coding owing to 3D vision and embedded process understanding.
   
• In April 2022, Comau expanded its product portfolio with the 220 kg payload N-200 robot. The robot is equipped with integrated forklift adapters and optional high-torque washers for automatic anchoring, base fixing, easier relocations, and faster installations.
   

The industrial robotics market research report includes an in-depth coverage of the industry with estimates and forecast in terms of revenue (USD Million & Units) from 2021 – 2034 for the following segments:

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Market, By Type

• Articulated robots
• Cartesian robots/ gantry robots
• Scara robots
• Cylindrical robots
• Collaborative robots/ cobots
• Parallel robots/ delta robots
• Polar robots/ spherical robots

Market, By End Use

• Automotive
• Metal & machinery
• Rubber & plastic
• Food & beverage
• Electrical & electronics
• Consumer goods
• Pharmaceuticals and medical devices
• Others  

The above information is provided for the following regions and countries:

• North America 
  • U.S.
  • Canada
• Europe 
  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Netherlands
• Asia Pacific 
  • China
  • India
  • Japan
  • Australia
  • South Korea
• Latin America 
  • Brazil
  • Mexico
  • Argentina
• Middle East and Africa 
  • Saudi Arabia
  • South Africa
  • UAE