The global industrial robotics market was valued at USD 19.8 Billion in 2024 and is projected to reach USD 52.7 Billion by 2033, growing at a CAGR of 11.47% during 2025-2033. The market growth is driven by the automotive sector expansion, increased adoption in food and beverage industries, and ongoing technological innovations. This growth is highlighted in the detailed Industrial Robotics Market Report.

Study Assumption Years

• Base Year: 2024

• Historical Years: 2019-2024

• Forecast Period: 2025-2033

Industrial Robotics Market Key Takeaways

• The market size was USD 19.8 Billion in 2024.

• The industrial robotics market is expected to exhibit a CAGR of 11.47% from 2025-2033.

• The forecast period for the market is 2025-2033.

• Expansion of the automotive industry and integration of advanced AI and big data technologies are major growth drivers.

• Rapid technological advancements have improved productivity, safety, and flexibility in industrial environments.

• Increasing adoption of collaborative robots and smart manufacturing solutions is escalating market growth.

• Asia Pacific holds the largest market share due to rapid industrialization in countries like China, India, Japan, and South Korea.

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Market Growth Factors

The expansion of the automotive industry significantly propels the industrial robotics market. The sector’s growth fuels demand for robotic solutions in tasks like welding and assembly, improving production efficiency and quality. Additionally, the rising integration of AI and big data into robotics enhances manufacturing capabilities and smart factory systems. These advancements increase safety, flexibility, and output, directly contributing to market demand.

Key technological trends like the adoption of collaborative robots (cobots) and smart manufacturing solutions accelerate growth. Industry 4.0 facilitates automation and interconnectivity among machines, enabling robots to optimize repetitive tasks while collaborating safely with human workers. Examples include KUKA AG’s KR FORTEC industrial robot with low energy consumption and Figure's humanoid robots deployed by BMW for complex automotive manufacturing, fostering improved productivity and safety.

The rising integration of additive manufacturing and 3D printing technologies with industrial robots further boosts the market. Robots equipped with extrusion or deposition heads allow precise layer-by-layer material deposition, enabling complex, customized part production. Notable innovations include ADDitec’s AMDroid deployable robotic system for metal additive manufacturing and RIC Technology’s RIC-M1 PRO robotic arm printer for large construction-scale 3D printing, reflecting robust market demand and positive growth trajectory.

Market Segmentation

By Type:

• Articulated Robots: Characterized by multiple joints and degrees of freedom, these robots perform complex, multi-directional tasks. Articulated robots represent the largest market segment. For instance, Yuil Robotics is developing a large plant for manufacturing heavy-duty articulated robots.

• Cartesian Robots

• SCARA Robots

• Cylindrical Robots

• Parallel Robots

• Others

By Function:

• Soldering and Welding

• Materials Handling: This segment holds the largest share, involving robots that pick and place items across production lines, conveyor belts, and packaging stations. ESCATEC uses material handling robots in Malaysian plants.

• Assembling and Disassembling

• Painting and Dispensing

• Milling, Cutting and Processing

• Others

By End Use Industry:

• Automotive

• Electrical and Electronics: The largest segment, where robots assemble components on PCBs with high precision and inspect for quality using vision systems. Rainbow Robotics collaborates to develop AI-mobile dual-arm robots.

• Chemical, Rubber, and Plastics

• Machinery and Metals

• Food and Beverages

• Precision and Optics

• Pharmaceutical

• Others

Regional Insights

Asia Pacific leads the industrial robotics market, driven by rapid industrialization in China, India, Japan, South Korea, and Taiwan. The region’s expanding manufacturing base is fueled by rising labor costs, increased consumer demand, and government initiatives promoting industrial growth. As labor costs climb, manufacturers turn to automation to improve efficiency. For example, ABB Ltd is combining AI with robotics across various sectors in China to sustain growth.

Recent Developments & News

• May 2024: ABB Robotics launched IRB 7710 and IRB 7720 robots designed for diverse industries including automotive, logistics, and agriculture.

• May 2024: Comau introduced a new S-Family of small but robust robots at Automate 2024, North America’s leading automation show.

• April 2024: ESCATEC deployed material handling robots in its Malaysian manufacturing plants to enhance factory floor operations.

Key Players

• ABB Ltd.

• DAIHEN Corporation

• DENSO Corporation

• FANUC

• 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

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