Articulated Robot Market Summary
As per Market Research Future Analysis, the Global Articulated Robot Products Market was valued at USD 3.37 Billion in 2024 and is projected to reach USD 14.78 Billion by 2035, growing at a CAGR of 14.38% from 2025 to 2035. The market is driven by increasing investments in industrial automation, rising demand from SMEs in emerging markets, and the need for precise assembly line operations. The food & beverages sector leads the market, accounting for 45% of revenue, while the load/unload application segment dominates in usage. North America holds the largest market share, followed by Europe and Asia-Pacific, with the latter expected to grow at the fastest rate during the forecast period.
Key Market Trends & Highlights
Key trends driving the articulated robot market include automation adoption and technological advancements.
- Market Size in 2024: USD 3.37 Billion
- Projected Market Size by 2035: USD 14.78 Billion
- CAGR from 2025 to 2035: 14.38%
- Food & Beverages segment accounts for 45% of market revenue
Market Size & Forecast
2024 Market Size | USD 3.37 Billion |
2035 Market Size | USD 14.78 Billion |
CAGR (2025-2035) | 14.38% |
Major Players
Major players include ABB, Fanuc Corporation, Yaskawa Electric Corporation, Kawasaki Heavy Industries Ltd, Mitsubishi Electric Corporation, Seiko Epson Corporation, Toshiba Machine Co. Ltd, OMRON Corporation, and KUKA Aktiengesellschaft.