The global market for Industrial Robotics is estimated at US$82.6 Billion in 2023 and is projected to reach US$188.7 Billion by 2030, growing at a CAGR of 12.5% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the industrial robotics market is driven by several factors. The increasing demand for automation across various industries is a primary driver, as manufacturers seek to enhance productivity, reduce labor costs, and maintain competitive advantages. The rapid expansion of the e-commerce sector has also spurred the need for advanced robotic systems in warehousing and logistics, where robots are used for sorting, packing, and transporting goods efficiently. Technological advancements in AI, machine learning, and sensor technology have made industrial robots more capable and cost-effective, encouraging wider adoption.
Furthermore, the push for smart factories and the adoption of Industry 4.0 principles have necessitated the integration of advanced robotics to achieve greater connectivity, flexibility, and efficiency in manufacturing processes. The increasing focus on sustainable and energy-efficient production methods has also promoted the use of robots, which can operate with high efficiency and lower energy consumption. These factors collectively highlight the dynamic and growing landscape of the industrial robotics market, reflecting its critical role in shaping the future of manufacturing and industrial operations.
The growth in the industrial robotics market is driven by several factors. The increasing demand for automation across various industries is a primary driver, as manufacturers seek to enhance productivity, reduce labor costs, and maintain competitive advantages. The rapid expansion of the e-commerce sector has also spurred the need for advanced robotic systems in warehousing and logistics, where robots are used for sorting, packing, and transporting goods efficiently. Technological advancements in AI, machine learning, and sensor technology have made industrial robots more capable and cost-effective, encouraging wider adoption.
Furthermore, the push for smart factories and the adoption of Industry 4.0 principles have necessitated the integration of advanced robotics to achieve greater connectivity, flexibility, and efficiency in manufacturing processes. The increasing focus on sustainable and energy-efficient production methods has also promoted the use of robots, which can operate with high efficiency and lower energy consumption. These factors collectively highlight the dynamic and growing landscape of the industrial robotics market, reflecting its critical role in shaping the future of manufacturing and industrial operations.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Articulated Industrial Robotics segment, which is expected to reach US$82.2 Billion by 2030 with a CAGR of a 14.4%. The Cylindrical Industrial Robotics segment is also set to grow at 11.7% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $10.0 Billion in 2023, and China, forecasted to grow at an impressive 15.8% CAGR to reach $65.0 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Industrial Robotics Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Industrial Robotics Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Industrial Robotics Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as ABB Ltd., Comau S.p.A., DAIHEN Corporation, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 294 Featured):
- ABB Ltd.
- Comau S.p.A.
- DAIHEN Corporation
- DENSO Corporation
- Dürr AG
- Epson Robots
- FANUC Corporation
- Kawasaki Heavy Industries Ltd.
- KUKA AG
- Mitsubishi Electric Corporation
- Nachi Robotic Systems, Inc.
- Omron Corporation
- Panasonic Industry Co., Ltd.
- Stäubli International AG
- Toshiba Corporation
- Universal Robots A/S
- Yamaha Motor Co., Ltd.
- Yaskawa Electric Corporation
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAJAPANCHINAFRANCEGERMANYITALYUNITED KINGDOMSPAINRUSSIAREST OF EUROPEINDIASOUTH KOREAREST OF ASIA-PACIFICLATIN AMERICABRAZILMEXICOREST OF LATIN AMERICAMIDDLE EASTAFRICAIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
EUROPE
ASIA-PACIFIC
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- Comau S.p.A.
- DAIHEN Corporation
- DENSO Corporation
- Dürr AG
- Epson Robots
- FANUC Corporation
- Kawasaki Heavy Industries Ltd.
- KUKA AG
- Mitsubishi Electric Corporation
- Nachi Robotic Systems, Inc.
- Omron Corporation
- Panasonic Industry Co., Ltd.
- Stäubli International AG
- Toshiba Corporation
- Universal Robots A/S
- Yamaha Motor Co., Ltd.
- Yaskawa Electric Corporation
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 737 |
| Published | July 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 82.6 Billion |
| Forecasted Market Value ( USD | $ 188.7 Billion |
| Compound Annual Growth Rate | 12.5% |
| Regions Covered | Global |
