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PUBLISHER: IMARC | PRODUCT CODE: 1077887

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PUBLISHER: IMARC | PRODUCT CODE: 1077887

Robotics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

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The global robotics market reached a value of US$ 33.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 87.2 Billion by 2027, exhibiting a CAGR of 17.6% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Robotics is an interdisciplinary branch of artificial intelligence (AI) that studies the conception, operation, design and manufacturing of robots. It involves different fields of electrical and mechanical engineering and computer science. Robots refer to multifunctional, automatic and re-programmable industrial machines, which can be embedded with a variety of high-tech devices, such as visual, tactile and audio sensors. They are designed to perform several tasks automatically with speed, intelligence and accuracy. The essential components of a robot are body or frame, control system, manipulators and drivetrain. The R&D in the field of robotics enables the development of versatile robots that can perform tasks across various industries, including healthcare, aerospace, defense and automotive. The emergence of this technology has facilitated producers and service providers across the globe with convenience, increased output level, reduced human errors, enhanced quality and process automation.

Over the past few years, market players have been introducing high-quality, innovative robotic technologies in the industrial sector, where these are used for warehousing, manufacturing, and assembling applications. Some of these innovations include underwater robotics, human-robot interaction, legged mobility, machine learning (ML), and self-driving vehicles. Besides this, there has been a significant increase in cybersecurity threats as robots are becoming more connected with internal data systems. Owing to this, organizations and firms across the globe have been investing heavily in research and development (R&D) activities to address the current vulnerabilities while ensuring safe, secure and reliable production. Furthermore, AI and robotic technologies are largely used in the healthcare sector on account of the rising need of surgical robotics, and growth in lab and pharmacy automation. Also, there has been an escalating demand for collaborative robots to avoid any possible errors. These robots can operate alongside humans and are considerably cheaper than their industrial counterparts.

Key Market Segmentation:

  • IMARC Group provides an analysis of the key trends in each sub-segment of the global robotics market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on product type.

Breakup by Product Type:

  • Industrial
  • Breakup by Type
  • Articulated
  • Cartesian
  • SCARA
  • Cylindrical
  • Others
  • Service
  • Breakup by Type
  • Personal and Domestic
  • Professional
  • Breakup by Application
  • Household Applications
  • Entertainment Applications
  • Defence Applications
  • Field Applications
  • Logistics Applications
  • Healthcare Applications
  • Infrastructure Applications
  • Mobile Platform Applications
  • Cleaning Applications
  • Others
  • At present, service robots are the most popular in the industry.
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
  • On the basis of regions, Asia Pacific represents the biggest market for robotics, accounting for the majority of the total market share.

Competitive Landscape:

  • The report has also analyzed the competitive landscape of the market. Some of the key players operating in the market include ABB Group, KUKA AG, FANUC Corporation and Yaskawa Electric Corporation.
  • Key Questions Answered in This Report
  • 1. What was the size of the global robotics market in 2021?
  • 2. What is the expected growth rate of the global robotics market during 2022-2027?
  • 3. What are the key factors driving the global robotics market?
  • 4. What has been the impact of COVID-19 on the global robotics market?
  • 5. What is the breakup of the global robotics market based on the product type?
  • 6. What are the key regions in the global robotics market?
  • 7. Who are the key players/companies in the global robotics market?
Product Code: SR0522A256_Report

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Robotics Market

  • 5.1 Market Overview
  • 5.2 Key Market Drivers and Success Factors
  • 5.3 Market Performance
    • 5.3.1 Historical and Current Market Trends
    • 5.3.2 Market Breakup by Product Type
    • 5.3.3 Market Breakup by Region
    • 5.3.4 Market Forecast
  • 5.4 Impact of COVID-19
  • 5.5 SWOT Analysis
    • 5.5.1 Overview
    • 5.5.2 Strengths
    • 5.5.3 Weaknesses
    • 5.5.4 Opportunities
    • 5.5.5 Threats
  • 5.6 Value Chain Analysis
  • 5.7 Porter's Five Forces Analysis
    • 5.7.1 Overview
    • 5.7.2 Bargaining Power of Buyers
    • 5.7.3 Bargaining Power of Suppliers
    • 5.7.4 Degree of Competition
    • 5.7.5 Threat of New Entrants
    • 5.7.6 Threat of Substitutes

6 Global Robotics Market by Product Type

  • 6.1 Introduction
    • 6.1.1 Industrial Robots and Service Robots
    • 6.1.2 Key Market Trends and Developments
  • 6.2 Global Industrial Robotics Market
    • 6.2.1 Market Overview
    • 6.2.2 Historical and Current Market Trends
    • 6.2.3 Market Breakup by Type
      • 6.2.3.1 Articulated Robots
      • 6.2.3.1.1 Historical and Current Market Trends
      • 6.2.3.1.2 Market Forecast
      • 6.2.3.2 Cartesian Robots
      • 6.2.3.2.1 Historical and Current Market Trends
      • 6.2.3.2.2 Market Forecast
      • 6.2.3.3 SCARA Robots
      • 6.2.3.3.1 Historical and Current Market Trends
      • 6.2.3.3.2 Market Forecast
      • 6.2.3.4 Cylindrical Robots
      • 6.2.3.4.1 Historical and Current Market Trends
      • 6.2.3.4.2 Market Forecast
      • 6.2.3.5 Others
      • 6.2.3.5.1 Historical and Current Market Trends
      • 6.2.3.5.2 Market Forecast
    • 6.2.4 Market Forecast
    • 6.2.5 Trade Data
  • 6.3 Global Service Robotics Market
    • 6.3.1 Market Overview
    • 6.3.2 Historical and Current Market Trends
    • 6.3.3 Market Breakup by Type
      • 6.3.3.1 Personal and Domestic Robots Market
      • 6.3.3.1.1 Historical and Current Market Trends
      • 6.3.3.1.2 Market Forecast
      • 6.3.3.2 Professional Robots Market
      • 6.3.3.2.1 Historical and Current Market Trends
      • 6.3.3.2.2 Market Forecast
    • 6.3.4 Market Breakup by Applications
      • 6.3.4.1 Household Applications
      • 6.3.4.1.1 Historical and Current Market Trends
      • 6.3.4.1.2 Market Forecast
      • 6.3.4.2 Entertainment Applications
      • 6.3.4.2.1 Historical and Current Market Trends
      • 6.3.4.2.2 Market Forecast
      • 6.3.4.3 Defence Applications
      • 6.3.4.3.1 Historical and Current Market Trends
      • 6.3.4.3.2 Market Forecast
      • 6.3.4.4 Field Applications
      • 6.3.4.4.1 Historical and Current Market Trends
      • 6.3.4.4.2 Market Forecast
      • 6.3.4.5 Logistics Applications
      • 6.3.4.5.1 Historical and Current Market Trends
      • 6.3.4.5.2 Market Forecast
      • 6.3.4.6 Healthcare Applications
      • 6.3.4.6.1 Historical and Current Market Trends
      • 6.3.4.6.2 Market Forecast
      • 6.3.4.7 Infrastructure Applications
      • 6.3.4.7.1 Historical and Current Market Trends
      • 6.3.4.7.2 Market Forecast
      • 6.3.4.8 Mobile Platform Applications
      • 6.3.4.8.1 Historical and Current Market Trends
      • 6.3.4.8.2 Market Forecast
      • 6.3.4.9 Cleaning Applications
      • 6.3.4.9.1 Historical and Current Market Trends
      • 6.3.4.9.2 Market Forecast
      • 6.3.4.10 Others
      • 6.3.4.10.1 Historical and Current Market Trends
      • 6.3.4.10.2 Market Forecast
    • 6.3.5 Market Forecast

7 Global Robotics Market by Region

  • 7.1 North America
    • 7.1.1 Market Overview
    • 7.1.2 Historical and Current Market Trends
    • 7.1.3 Market Breakup by Product Type
    • 7.1.4 Market Forecast
  • 7.2 Europe
    • 7.2.1 Market Overview
    • 7.2.2 Historical and Current Market Trends
    • 7.2.3 Market Breakup by Product Type
    • 7.2.4 Market Forecast
  • 7.3 Asia Pacific
    • 7.3.1 Market Overview
    • 7.3.2 Historical and Current Market Trends
    • 7.3.3 Market Breakup by Product Type
    • 7.3.4 Market Forecast
  • 7.4 Latin America
    • 7.4.1 Market Overview
    • 7.4.2 Historical and Current Market Trends
    • 7.4.3 Market Breakup by Product Type
    • 7.4.4 Market Forecast
  • 7.5 Middle East and Africa
    • 7.5.1 Market Overview
    • 7.5.2 Historical and Current Market Trends
    • 7.5.3 Market Breakup by Product Type
    • 7.5.4 Market Forecast

8 Competitive Landscape

  • 8.1 Market Structure
  • 8.2 Market Breakup by Key Players
  • 8.3 Key Player Profiles
Product Code: SR0522A256_Report

List of Figures

  • Figure 1: Robots: Basic Components of a Robot and their Functionality
  • Figure 2: Global: Robotics Market: Sales Value (in Billion US$), 2016-2021
  • Figure 3: Global: Robotics Market: Breakup by Product Type (in %), 2021
  • Figure 4: Global: Robotics Market: Breakup by Region (in %), 2021
  • Figure 5: Global: Robotics Market Forecast: Sales Value (in Billion US$), 2022-2027
  • Figure 6: Global: Robotics Industry: SWOT Analysis
  • Figure 7: Global: Robotics Industry: Value Chain Analysis
  • Figure 8: Global: Robotics Industry: Porter's Five Forces Analysis
  • Figure 9: Global: Robotics Market: Types of Robots
  • Figure 10: Global: Industrial Robotics Market: Sales Value (in Million US$), 2016-2021
  • Figure 11: Global: Industrial Robots Market: Breakup by Type (in %), 2021
  • Figure 12: Global: Industrial (Articulated) Robots Market: Sales Value (in Million US$), 2016-2021
  • Figure 13: Global: Industrial (Articulated) Robots Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 14: Global: Industrial (Cartesian) Robots Market: Sales Value (in Million US$), 2016-2021
  • Figure 15: Global: Industrial (Cartesian) Robots Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 16: Global: Industrial (SCARA) Robots Market: Sales Value (in Million US$), 2016-2021
  • Figure 17: Global: Industrial (SCARA) Robots Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 18: Global: Industrial (Cylindrical) Robots Market: Sales Value (in Million US$), 2016-2021
  • Figure 19: Global: Industrial (Cylindrical) Robots Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 20: Global: Industrial (Other Types) Robots Market: Sales Value (in Million US$), 2016-2021
  • Figure 21: Global: Industrial (Other Types) Robots Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 22: Global: Industrial Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 23: Global: Industrial Robots Market Forecast: Breakup by Type (in %), 2027
  • Figure 24: Global: Industrial Robotics Market: Export Value Breakup by Country (in %)
  • Figure 25: Global: Industrial Robotics Market: Import Value Breakup by Country (in %)
  • Figure 26: Global: Service Robots Market: Sales Value (in Million US$), 2016-2021
  • Figure 27: Global: Service Robots Market: Breakup by Type (in %), 2021
  • Figure 28: Global: Service (Personal and Domestic) Robots Market: Sales Value (in Million US$), 2016-2021
  • Figure 29: Global: Service (Personal and Domestic) Robots Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 30: Global: Service (Professional) Robots Market: Sales Value (in Million US$), 2016-2021
  • Figure 31: Global: Service (Professional) Robots Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 32: Global: Service (Personal and Domestic) Robotics Market: Breakup by Applications (in %), 2021
  • Figure 33: Global: Service (Professional) Robots Market: Breakup by Applications (in %), 2021
  • Figure 34: Global: Service (Professional) Robots Market: Key Segments Market Shares (in %), 2016-2021
  • Figure 35: Global: Service Robots Market (Household Applications): Sales Value (in Million US$), 2016-2021
  • Figure 36: Global: Service Robots Market Forecast (Household Applications): Sales Value (in Million US$), 2022-2027
  • Figure 37: Global: Service Robots Market (Entertainment Applications): Sales Value (in Million US$), 2016-2021
  • Figure 38: Global: Service Robots Market Forecast (Entertainment Applications): Sales Value (in Million US$), 2022-2027
  • Figure 39: Global: Robotics Market (Defence Applications): Sales Value (in Million US$), 2016-2021
  • Figure 40: Global: Robotics Market Forecast (Defence Applications): Sales Value (in Million US$), 2022-2027
  • Figure 41: Global: Robotics Market (Field Applications): Sales Value (in Million US$), 2016-2021
  • Figure 42: Global: Robotics Market Forecast (Field Applications): Sales Value (in Million US$), 2022-2027
  • Figure 43: Global: Robotics Market (Logistics Applications): Sales Value (in Million US$), 2016-2021
  • Figure 44: Global: Robotics Market Forecast (Logistics Applications): Sales Value (in Million US$), 2022-2027
  • Figure 45: Global: Robotics Market (Healthcare Applications): Sales Value (in Million US$), 2016-2021
  • Figure 46: Global: Robotics Market Forecast (Healthcare Applications): Sales Value (in Million US$), 2022-2027
  • Figure 47: Global: Robotics Market (Infrastructure Applications): Sales Value (in Million US$), 2016-2021
  • Figure 48: Global: Robotics Market Forecast (Infrastructure Applications): Sales Value (in Million US$), 2022-2027
  • Figure 49: Global: Robotics Market (Mobile Platform Applications): Sales Value (in Million US$), 2016-2021
  • Figure 50: Global: Robotics Market Forecast (Mobile Platform Applications): Sales Value (in Million US$), 2022-2027
  • Figure 51: Global: Robotics Market (Cleaning Applications): Sales Value (in Million US$), 2016-2021
  • Figure 52: Global: Robotics Market Forecast (Cleaning Applications): Sales Value (in Million US$), 2022-2027
  • Figure 53: Global: Robotics Market (Other Applications): Sales Value (in Million US$), 2016-2021
  • Figure 54: Global: Robotics Market Forecast (Other Applications): Sales Value (in Million US$), 2022-2027
  • Figure 55: Global: Service Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 56: Global: Service Robots Market Forecast: Breakup by Type (in %), 2027
  • Figure 57: Global: Robotics Market: Breakup by Region (in %), 2021 & 2027
  • Figure 58: North America: Robotics Market: Sales Value (in Million US$), 2016-2021
  • Figure 59: North America: Robotics Market: Breakup by Product Type (in %), 2021
  • Figure 60: North America: Industrial Robotics Market: Sales Value (in Million US$), 2016-2021
  • Figure 61: North America: Industrial Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 62: North America: Service Robotics Market: Sales Value (in Million US$), 2016-2021
  • Figure 63: North America: Service Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 64: North America: Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 65: Europe: Robotics Market: Sales Value (in Million US$), 2016-2021
  • Figure 66: Europe: Robotics Market: Breakup by Product Type (in %), 2021
  • Figure 67: Europe: Industrial Robotics Market: Sales Value (in Million US$), 2016-2021
  • Figure 68: Europe: Industrial Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 69: Europe: Service Robotics Market: Sales Value (in Million US$), 2016-2021
  • Figure 70: Europe: Service Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 71: Europe: Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 72: Asia Pacific: Robotics Market: Sales Value (in Million US$), 2016-2021
  • Figure 73: Asia Pacific: Robotics Market: Breakup by Product Type (in %), 2021
  • Figure 74: Asia Pacific: Industrial Robotics Market: Sales Value (in Million US$), 2016-2021
  • Figure 75: Asia Pacific: Industrial Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 76: Asia Pacific: Service Robotics Market: Sales Value (in Million US$), 2016-2021
  • Figure 77: Asia Pacific: Service Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 78: Asia Pacific: Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 79: Latin America: Robotics Market: Sales Value (in Million US$), 2016-2021
  • Figure 80: Latin America: Robotics Market: Breakup by Product Type (in %), 2021
  • Figure 81: Latin America: Industrial Robotics Market: Sales Value (in Million US$), 2022-2027
  • Figure 82: Latin America: Industrial Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 83: Latin America: Service Robotics Market: Sales Value (in Million US$), 2016-2021
  • Figure 84: Latin America: Service Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 85: Latin America: Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 86: Middle East and Africa: Robotics Market: Sales Value (in Million US$), 2016-2021
  • Figure 87: Middle East and Africa: Robotics Market: Breakup by Product Type (in %), 2021
  • Figure 88: Middle East and Africa: Industrial Robotics Market: Sales Value (in Million US$), 2016-2021
  • Figure 89: Middle East and Africa: Industrial Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 90: Middle East and Africa: Service Robotics Market: Sales Value (in Million US$), 2016-2021
  • Figure 91: Middle East and Africa: Service Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 92: Middle East and Africa: Robotics Market Forecast: Sales Value (in Million US$), 2022-2027

List of Tables

  • Table 1: Global: Robotics Market: Key Industry Highlights, 2021 and 2027
  • Table 2: Global: Robotics Industry: Services Offered at the Various Levels of the Value Chain
  • Table 3: Global: Industrial Robots Market: Key Industry Highlights, 2021 and 2027
  • Table 4: Global: Industrial Robotics Market: Export Data of Major Countries
  • Table 5: Global: Industrial Robotics Market: Import Data of Major Countries
  • Table 6: Global: Service Robots Market: Key Industry Highlights, 2021 and 2027
  • Table 7: Global: Robotics Market: Regional Highlights, 2021 and 2027
  • Table 8: Global: Robotics Market: Competitive Structure
  • Table 9: Global: Robotics Market: Key Players
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Manager - EMEA

+32-2-535-7543

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Christine Sirois

Manager - Americas

+1-860-674-8796

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