PUBLISHER: Orion Market Research | PRODUCT CODE: 1858904
PUBLISHER: Orion Market Research | PRODUCT CODE: 1858904
Robotics Market Size, Share & Trends Analysis Report by Industrial Robotics (Articulated, SCARA, Cartesian, Parallel, and Collaborative), by Service (Logistics, Domestic, Medical, Defense, Rescue, and Security), by Application (Handling, Welding & Soldering, Assembling & Disassembling, Dispensing, Processing, and Others), by End-User (Automotive, Electrical & Electronics, Metals & Machinery, Plastics, Rubber, and Chemicals, Food & Beverages, Precision Engineering & Optics, Pharmaceuticals & Cosmetics, and Others) Forecast Period (2025-2035)
Industry Overview
Robotics market was valued at $64.8 billion in 2024 and is expected to grow to $365.4 billion by 2033 and further to $543.3 billion by 2035, expanding at a CAGR of 21.4% over the forecast period (2025-2035). The robotics market is driven by technological advancements, labor shortages, and rising demand for automation across many industries. The integration of AI, machine learning, and advanced sensors has enabled robots to perform critical tasks with greater precision, and the rise in e-commerce is further driving deployment in manufacturing, logistics, and healthcare. AI and cognitive robotics innovations are mainly accelerating growth by enabling robots to learn, comprehend, and act independently, while improving human-robot interaction.
For instance, in March 2025, NVIDIA introduced the Isaac GR00T N1, the globe's first open humanoid robot foundation model, and advanced simulation frameworks to expedite robot development. The model has a dual-system architecture, including a quick-thinking action model and a slow-thinking decision model. The NVIDIA Isaac GR00T Blueprint creates synthetic data, whereas Newton, an open-source physics engine developed with Google DeepMind and Disney Research, further enhances development capabilities.
Market Dynamics
Increasing Industrial Automation Demand Driving Robotics Market Expansion
The increasing demand for automation across several industries, such as automotive, electronics, aerospace, and logistics, is propelling market growth as it can improve productivity, lower operational costs, and ensure accuracy. For instance, in March 2025, Hexagon introduced a Robotics business to support the development of humanoid robotics and realize ultimate autonomy. The business concentrated on industrial applications, capitalizing on Hexagon's position in measurement technologies, artificial intelligence, and autonomous systems. The division offers spatial intelligence and digital twins that allow robotic systems to learn, interact, and act in dynamic environments.
AI and Automation are Propelling the Expansion of Robots
The global robotics market is mainly driven by demand for technological advancements in AI & machine learning, government initiatives and investments, and an increase in E-commerce & logistics. The application of industrial robots is growing rapidly in manufacturing industries around the globe, led by the need for greater efficiency, accuracy, and automation. According to the latest World Robotics report, in September 2024, a total of 4,281,585 industrial robots were in operation in factories around the globe, up by 10% compared to the previous year. Also, in 2024, yearly installations totaled more than half a million units for the third time running. Geographically, Asia took the lead with 70% of all new robot installations in 2023, followed by Europe with 17%, and the Americas with 10%.
Furthermore, China leads the global market for industrial robots, with 276,288 units installed in 2023. Japan remains the second largest, with 46,106 units. The Republic of Korea has seen a 1% decrease in installations. India is a fast-developing Asian economy with a 59% growth in installations. The installation of industrial robots in Europe was 92,393 units, led by investment in the automotive sector. Americas reported 50,000 units for the third year in a row.
Market Segmentation
Automotive: A Key Segment in Market Growth
The automotive segment stands as a key growth driver, with robots broadly deployed in welding, assembly, painting, quality inspection, and material handling to increase efficiency, precision, and safety. Increasing demand for autonomous driving technologies, electric vehicles (EVs), and flexible production lines is further fueling robotics adoption, mainly in battery assembly, material handling, lightweight and electronics integration. Automakers are increasingly integrating AI, machine vision, and collaborative robots (cobots) to handle complex tasks and enable dynamic workflows, while Industry 4.0 and smart factory initiatives are promoting the use of cloud computing, IoT, and digital twins for real-time optimization and predictive maintenance. For instance, in April 2024, ABB introduced OmniCore, a state-of-the-art robotics control platform, funded with more than $170 million, that combines AI, sensors, cloud, and edge computing to deliver industry-leading motion performance, enabling robots to run 25% faster and consume 20% less energy than its previous controllers. This technological advancement underscores the pivotal role of robotics in addressing consumer demand, cost pressures, and the automotive sector's transition toward sustainable and autonomous mobility.
The global robotics market is further divided by region, including North America (the US and Canada), Europe (the UK, Germany, France, Italy, Spain, Russia, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, Australia and New Zealand, ASEAN Countries, and the Rest of Asia-Pacific), and the Rest of the World (the Middle East & Africa, and Latin America).
Asia-Pacific Holds a Significant Share and Maintains a Strong Market Position
Asia-Pacific holds a significant share of the robotics market, fueled by the growing needs for service robots in transportation, hospitality, and public services are improving customer engagement, efficiency, and solving labor shortages. For instance, in March 2024, iHub Robotics, India's first humanoid robotics startup, raised $520K in pre-seed funding from American investors to establish the country's largest robotics manufacturing plant in Kerala. The company has already shipped its advanced semi-humanoid robot, Tara Gen-1, to the UAE and Saudi Arabia, targeting applications in hospitality, healthcare, airports, railway stations, and customer support. Also, iHub Robotics was selected for the NVIDIA Humanoid Robotics Program and emerged as the first startup in India to receive official approval from NVIDIA, underscoring the region's growing role in global robotics innovation.
The major companies operating in the global robotics market include ABB Group, FANUC CORP., KUKA AG, Mitsubishi Electric Corp., and Yaskawa Electric Corp., among others. Market players are leveraging partnerships, collaborations, mergers, and acquisition strategies for business expansion and innovative product development to maintain their market positioning.
Recent Developments