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Robot Market Share

Report ID: GMI5127
Published Date: Oct 2024
Report Format: PDF

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Robot Market Share

The global robotics market is highly competitive and fragmented, driven by intense technological innovation, strategic partnerships, and significant cross-sector investments. Multinational corporations from Japan, Germany, the United States, and China primarily shape the competitive dynamics, each leveraging differentiated technological capabilities and industry-specific solutions. Japanese manufacturers like FANUC, Yaskawa, and Mitsubishi Electric dominate industrial robotics, capitalizing on their decades of manufacturing expertise and precision engineering. European players such as ABB (Switzerland) and KUKA AG (Germany) strategically focus on collaborative robots and advanced automation solutions, targeting small and medium-sized enterprises with flexible, user-friendly robotic systems.

Companies are increasingly differentiating themselves through technological advancements, particularly in AI, machine learning, and machine vision, to improve robot intelligence, autonomy, and adaptability. Strategic partnerships, acquisitions, and investments in research and development are key initiatives used by firms to expand their capabilities and enter new markets.

Robot Market Companies

Major players operating in the Robot industry are:

ABB Ltd.
Aethon
Anki (Digital Dream Labs)
Boston Dynamics
Blue Ocean Robotics
Clearpath Robotics
DJI
Ecovacs Robotics
Ekso Bionics
Fanuc Corporation
Fetch Robotics (Zebra Technologies)
Intuitive Surgical
iRobot Corporation
Knightscope, Inc.
KUKA AG
Medtronic
MiR (Mobile Industrial Robots)
Mitsubishi Electric Corporation
Omron Corporation
Staubli International AG
SoftBank Robotics
Segway Robotics
Universal Robots
Yaskawa Electric Corporation

Authors: Suraj Gujar, Saptadeep Das

Frequently Asked Questions (FAQ) :

The global market size for robot was valued at USD 47.9 billion in 2024 and is anticipated to reach USD 211.1 billion by 2034, driven by a CAGR of 16.6% from 2025 to 2034.

On-premises robotics accounted for a 75.2% market share in 2024, driven by the need for enhanced control, security, and real-time data processing in manufacturing, logistics, and warehousing.

The U.S. market accounted for 76.7% of the North America robot industry in 2024, driven by technological advancements, industrial automation needs, and significant investments from both private and public sectors.

Major players in the industry include ABB Ltd., Aethon, Anki (Digital Dream Labs), Boston Dynamics, Blue Ocean Robotics, Clearpath Robotics, DJI, Ecovacs Robotics, Ekso Bionics, and Fanuc Corporation.