PUBLISHER: The Business Research Company | PRODUCT CODE: 1924203
PUBLISHER: The Business Research Company | PRODUCT CODE: 1924203
A smart robot is an artificial intelligence (AI) device equipped with the ability to perceive its environment and context, utilizing comprehensive learning processes to enhance its capabilities. These robots find applications in research, manufacturing, and various human-oriented tasks.
The primary types of smart robots are professional service robots, personal service robots, and collaborative robots. Professional service robots are employed for commercial purposes, including tasks such as cleaning public places, delivering items in offices or hospitals, firefighting, rehabilitation, and surgical procedures in healthcare settings. Personal service robots, on the other hand, are utilized for non-commercial tasks and encompass domestic servant robots, automated wheelchairs, personal mobility assist robots, and pet-exercising robots. Smart robots play crucial roles in industries such as manufacturing, healthcare, defense, energy and utilities, and others.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs have influenced the smart robot market by increasing the cost of imported sensors, actuators, processors, and high-precision mechanical components essential for robotic assembly. Industrial, commercial, and residential robotics applications in Asia-Pacific, North America, and Europe are particularly affected due to reliance on global electronics supply chains. Nonetheless, tariffs are supporting the growth of regional robotics manufacturing hubs, localized component production, and innovation in cost-efficient autonomous robotic platforms, improving long-term supply chain stability.
The smart robots market research report is one of a series of new reports from The Business Research Company that provides smart robots market statistics, including smart robots industry, global smart robots market size, regional shares, competitors with a smart robots market share, detailed smart robots market segments, market trends and opportunities, and any further data you may need to thrive in the smart robots industry. This smart robots market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The smart robots market size has grown exponentially in recent years. It will grow from $21.64 billion in 2025 to $26.23 billion in 2026 at a compound annual growth rate (CAGR) of 21.2%. The growth in the historic period can be attributed to early use in industrial assembly lines, adoption in research laboratories, deployment in basic service robots, increasing use in hazardous environment operations, expansion of robotic assistance in healthcare.
The smart robots market size is expected to see rapid growth in the next few years. It will grow to $54.15 billion in 2030 at a compound annual growth rate (CAGR) of 19.9%. The growth in the forecast period can be attributed to increasing deployment of collaborative robots, growth in humanoid and personal robots, rising adoption of autonomous mobile robots, expansion of defense and surveillance robotics, development of advanced machine learning-enabled robotic systems. Major trends in the forecast period include development of AI-based autonomous robotics, expansion of smart industrial automation platforms, integration of cloud-connected robotic control systems, advancement of context-aware navigation technologies, growth of IoT-enhanced robotic ecosystems.
The increasing penetration of industrial robots is expected to support the growth of the smart robot market in the coming years. Industrial robots are programmable, automated machines designed to perform tasks in manufacturing, assembly, and other industrial operations. These smart robots offer high precision and adaptability, making them essential across manufacturing, logistics, healthcare, and various other sectors. For example, in September 2024, according to the International Federation of Robotics, a Germany-based non-profit organization, the World Robotics report recorded 4,281,585 units operating in factories worldwide, marking a 10% increase. Annual installations exceeded half a million units for the third consecutive year. Therefore, the rising adoption of industrial robots is driving the growth of the smart robot market.
Leading companies in the smart robot market are developing advanced technologies such as collaborative robots to expand their customer base, increase sales, and strengthen revenue. Collaborative robots, or cobots, are robotic systems designed to work safely alongside humans in shared environments. For instance, in December 2023, Mecalux, a Spain-based provider of automated warehouse solutions and stacker cranes, in collaboration with Siemens AG, a Germany-based provider of industrial automation and digitalization platforms, launched two new collaborative picking robot solutions based on Siemens' Simatic Robot Pick AI technology. These solutions aim to enhance warehouse efficiency and flexibility, address labor shortages, and expand their presence in the intralogistics sector. The robots are designed either to work collaboratively with human operators or operate autonomously in high-performance picking stations, supporting 24/7 operations with up to 1,000 picks per hour.
In January 2024, ABB India Limited, an India-based technology company specializing in electrification, robotics, automation, and digitalization, acquired Sevensense Robotics AG for an undisclosed amount. This acquisition supports ABB India's goal of enhancing technological capabilities, expanding product offerings, increasing market presence, and strengthening its competitive position. Sevensense Robotics AG is a Sweden-based manufacturer of robotics technologies for industrial automation.
Major companies operating in the smart robots market are Puresight Systems Pvt. Ltd, SoftBank Robotics Group, ABB Group, KUKA AG, FANUC India Pvt Ltd, HaHanson Robotics Limited., Yaskawa Electric Corporation, Rethink Robotics, Blue Frog Robotics SAS, Universal Robots, DeLaval, Intuitive Surgical Inc., Samsung Electronics, Gecko Systems International Corporation, Honda Motor Company Ltd., Omron Adept Technologies Inc., GreyOrange pte Ltd, Kongsberg Maritime, ECA GROUP, Neato Robotics, Bluefin Robotics, AIBRAIN LLC., Brain Corporation, Cyberdyne Inc., Epson America Inc., Lely Industries N.V., OTC Daihen Inc., F&P Personal Robotics, Anduril Industries Inc., Boston Dynamics Inc., Diligent Robotics, Starship Technologies, Nuro Inc., Vecna Robotics Inc., Aethon Inc., Universal Robots A/S, DENSO Robotics
North America was the largest region in the smart robots market in 2025. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the smart robots market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the smart robots market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The smart robots market consists of sales of sensors, actuators, power sources. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Smart Robots Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses smart robots market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for smart robots ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The smart robots market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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