PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1715156
PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1715156
The global smart robots market is expected to grow from USD 16.20 billion in 2025 to USD 42.80 billion by 2030 at a CAGR of 21.5% from 2025 to 2030. This growth is driven by rising demand for automation to boost productivity, reduce costs, and enhance efficiency. Smart robots enable precise, consistent execution of complex tasks in sectors, such as logistics, where they assist in inventory and delivery and healthcare, support patient monitoring, medication dispensing, and surgeries, and address both labor shortages and the need for accuracy.
Scope of the Report | |
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Years Considered for the Study | 2020-2030 |
Base Year | 2024 |
Forecast Period | 2025-2030 |
Units Considered | Value (USD Billion) |
Segments | By Component, Type, Operating Environment, Application and Region |
Regions covered | North America, Europe, APAC, RoW |
"Software component segment is expected to hold largest market share during the forecast period."
Smart robot software is crucial for enabling intelligence, autonomy, and adaptability. Unlike traditional robots with fixed programs, smart robots use advanced software to process sensory data, make real-time decisions, interact with their environment, and learn from experience. Technologies like AI, machine learning, natural language processing, and computer vision drive these capabilities, allowing robots to perform object recognition and navigation tasks. The demand for specialized software platforms grows as smart robots are increasingly adopted in industries like manufacturing, healthcare, and logistics. Software updates enhance performance without hardware replacement, emphasizing the importance of customization and smart decision-making.
"Industrial robots segment is projected to witness highest CAGR in smart robots market."
The industrial robots segment is likely to exhibit the highest CAGR in the smart robots market during the forecast period, driven by rising automation in manufacturing. Industries such as automotive, electronics, and food & beverage adopt smart robots to enhance efficiency and accuracy and reduce costs. Unlike traditional robots, smart industrial robots use AI, ML, and computer vision to perform complex tasks, adapt to changing environments, and work alongside humans. The shift toward Industry 4.0, labor shortages, and demand for 24/7 operations further fuel this growth.
"China is expected to hold the largest market share in 2030."
China will dominate the Asia Pacific smart robots market during the forecast period due to rapid industrialization, tech advancements, and robust government assistance for robotics and automation. As the world's largest manufacturing hub, China is increasingly adopting smart robots to boost efficiency and cut labor costs in sectors like automotive, electronics, logistics, healthcare, and agriculture. Government initiatives such as "Made in China 2025" and the AI Development Plan promote AI integration and robotics innovation. An aging population is also driving demand for smart service robots in healthcare and elderly care.
iRobot Corporation (US), SoftBank Robotics Group (Japan), ABB (Switzerland), KUKA AG (Germany), FANUC CORPORATION (Japan), YASKAWA ELECTRIC CORPORATION (Japan), Amazon.com, Inc. (US), Hanson Robotics Ltd. (US), Blue Frog Robotics (France), and Kongsberg Maritime (Norway) are some of the key players in the smart robots market.
Research Coverage: This research report categorizes the smart robots market based on component (hardware, software), type (service robots, industrial robots), mobility (stationary, mobile), operating environment (ground, underwater), application (personal & domestic, professional), and region (North America, Asia Pacific, Europe, and RoW). The report describes the major drivers, restraints, challenges, and opportunities pertaining to the smart robots market and forecasts the same till 2030. Apart from these, the report also consists of leadership mapping and analysis of all the companies included in the smart robots ecosystem.
Key Benefits of Buying the Report The report will help the market leaders/new entrants in this market by providing information on the closest approximations of the revenue numbers for the overall smart robots market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.