The robotic arm market size has grown rapidly in recent years. It will grow from $36.93 billion in 2024 to $43.22 billion in 2025 at a compound annual growth rate (CAGR) of 17%. The growth in the historic period can be attributed to industrial automation increasing the demand for robotic arms, rising demand for robotics, warehouses to streamline processes, and demand for advanced robots.
The robotic arm market size is expected to see rapid growth in the next few years. It will grow to $80.82 billion in 2029 at a compound annual growth rate (CAGR) of 16.9%. The growth in the forecast period can be attributed to robotic arms used in manufacturing, enhanced efficiency, precision, and speed in production processes, increasing productivity and cost-effectiveness, automation in various sectors, including automotive, and growth in e-commerce. Major trends in the forecast period include the growing complexity of manufacturing processes, technological advancements in robotics, advanced technological infrastructure, advancement of robotic arms in healthcare, and increasing technological integration.
The growth of the robotic arm market is anticipated to be driven by the expanding e-commerce industry. E-commerce involves the online buying and selling of goods and services, revolutionizing business-consumer interactions with its convenience, accessibility, and global reach. This growth is fueled by the widespread adoption of smartphones, internet connectivity, and a diverse array of online products. Robotic arms play a pivotal role in optimizing supply chain and logistics operations within e-commerce, enabling more efficient inventory management, reduced operational costs, and increased productivity. In 2023, e-commerce sales in the United States were projected to reach $1.11 trillion, marking a 7.6% increase from 2022, with e-commerce accounting for 15.4% of total sales compared to 14.7% in 2022.
Leading companies in the robotic arm market are focusing on the development of innovative products such as modular high-performance robots, which provide flexible and efficient robotic solutions for a wide range of industrial applications, boosting productivity and sustainability. Modular high-performance robots are adaptable systems made up of interchangeable components that can be reconfigured to perform various tasks efficiently, adjusting their shape and function to meet specific operational requirements. For example, in May 2024, ABB Ltd., a Switzerland-based engineering firm, introduced the IRB 7710 and IRB 7720 robots as part of its modular large robot portfolio. These robots offer a 25% reduction in cycle times and deliver exceptional path accuracy of 0.6 mm at high speeds of up to 1600 mm/s. Designed to handle payloads of up to 620 kg, the robots are well-suited for automotive, logistics, and construction applications, improving productivity and energy efficiency with up to 30% energy savings.
In April 2024, WALTER Surface Technologies, a US-based manufacturer of abrasives and power tools, acquired PushCorp Inc., a company specializing in robotic arms for the automotive and aerospace sectors. This acquisition underscores WALTER Surface Technologies' strategic move to broaden its portfolio in robotic equipment and force control devices, catering to industrial customer needs.
Major companies operating in the robotic arm market are LG Electronics Inc., Panasonic Corporation, Mitsubishi Electric Corporation, ABB Ltd., Kawasaki Heavy Industries Ltd., Seiko Epson Corporation, Omron Corporation, FANUC America Corporation, Yaskawa Electric Corporation, Kuka AG, Nachi-Fujikoshi Corp., Stäubli International AG, Comau, Universal Robots A/S, Boston Dynamics, SoftBank Robotics America Inc., Flexiv Robotics Inc., Franka Robotics GmbH, Dobot, Gridbots Technologies Private Limited, DENSO WAVE INCORPORATED, EVS Tech Co. LTD.
North America was the largest region in the robotic arm market in 2024. Asia-Pacific is expected to be the fastest-growing region in the market going forward. The regions covered in the robotic arm market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the robotic arm market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
A robotic arm is a mechanical tool designed to perform precise and skillful tasks, imitating the movements of a human arm. It comprises multiple segments connected by joints, allowing it to articulate and maneuver in diverse directions.
There are several types of robotic arms, including articulated, cartesian, SCARA (Selective Compliance Articulated Robot Arm), spherical or polar, cylindrical, and others. An articulated robotic arm is flexible with rotary joints, enabling movement similar to a human arm. These arms vary in payload capacity, categorized as less than 500 kilograms (kg), 500-3000 kilograms (kg), and 3001 kilograms (kg) and above. They also feature different axes configurations such as 1-axis, 2-axis, 3-axis, 4-axis, 5-axis, 6-axis, and 7-axis. Robotic arms find application across various industries including automotive, electrical and electronics, metals and machinery, plastics and chemicals, food and beverages, for tasks such as material handling, cutting and processing, soldering and welding, assembling and disassembling, among others.
The robotic arm market research report is one of a series of new reports that provides robotic arm market statistics, including robotic arm industry global market size, regional shares, competitors with a robotic arm market share, detailed robotic arm market segments, market trends and opportunities, and any further data you may need to thrive in the robotic arm industry. This robotic arm market research report delivers a complete perspective on everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The robotic arm market consists of sales of hybrid robotic arms, mobile robotic arms, collaborative robotic arms, and parallel robotic arms. 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.
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Table of Contents
Executive Summary
Robotic Arm Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on robotic arm 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.
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Description
Where is the largest and fastest growing market for robotic arm ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The robotic arm market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include: the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Articulated; Cartesian; Selective Compliance Articulated Robot Arm (SCARA); Spherical or Polar; Cylindrical; Other Types2) By Payload Capacity: Less Than 500 Kilogram (KG); 500-3000 Kilogram (KG); 3001 Kilogram (KG) And Above
3) By Axis: 1-Axis; 2-Axis; 3-Axis; 4-Axis; 5-Axis; 6-Axis; 7-Axis
4) By Application: Materials Handling; Cutting and Processing; Soldering and Welding; Assembling and Disassembling; Other Applications
5) By End-User Industry: Automotive; Electrical and Electronics; Metals and Machinery; Plastics and Chemicals; Food and Beverages; Other End-User Industries
Subsegments:
1) By Articulated: 6-Axis Robotic Arms; 7-Axis Robotic Arms; Multi-Axis Robotic Arms2) By Cartesian: Gantry Robots; XYZ Cartesian Robots
3) By Selective Compliance Articulated Robot Arm (SCARA): 4-Axis SCARA Robots; 5-Axis SCARA Robots
4) By Spherical or Polar: Spherical Robots (Polar Coordinates); Polar Robotic Arms With Rotational Axes
5) By Cylindrical: Cylindrical Robotic Arms
6) By Other Types: Delta Robots; Parallel Robots; Hybrid Robotic Arms; Collaborative Robots
Key Companies Mentioned: LG Electronics Inc.; Panasonic Corporation; Mitsubishi Electric Corporation; ABB Ltd.; Kawasaki Heavy Industries Ltd.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
The major companies featured in this Robotic Arm market report include:- LG Electronics Inc.
- Panasonic Corporation
- Mitsubishi Electric Corporation
- ABB Ltd.
- Kawasaki Heavy Industries Ltd.
- Seiko Epson Corporation
- Omron Corporation
- FANUC America Corporation
- Yaskawa Electric Corporation
- Kuka AG
- Nachi-Fujikoshi Corp.
- Stäubli International AG
- Comau
- Universal Robots A/S
- Boston Dynamics
- SoftBank Robotics America Inc.
- Flexiv Robotics Inc.
- Franka Robotics GmbH
- Dobot
- Gridbots Technologies Private Limited
- DENSO WAVE INCORPORATED
- EVS Tech Co. LTD.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | April 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 43.22 Billion |
Forecasted Market Value ( USD | $ 80.82 Billion |
Compound Annual Growth Rate | 16.9% |
Regions Covered | Global |
No. of Companies Mentioned | 23 |