Industrial Robotics Market

Growing demand for collaborative robots across industries is driving market growth.

Market CAGR for industrial robotics is being driven by the rising demand for collaborative robots across industries. The increasing popularity of Industry 4.0 is fueling the utilization of robotics and smart manufacturing in the industrial section. Advanced technologies and modern features are being developed by the companies to provide the growing industrial section and its complex processes. The increasing craze for electric automobiles among new car owners remains favorable, provided the cost-benefits.

Online purchase is becoming a consumer preference, which is helping the e-commerce market. Hence distribution centers, merchants, warehouses, and facility owners are emphasizing the integration of automated robotic systems as a top priority, with the goal of delivering on time, enhance efficiency and production at every step, and saving money on labor. Self-driving trucks, service robots, and warehouses are some of the interesting solutions that are being created by firms throughout the whole logistic value chain.

Automotive, consumer electronics, pharmaceuticals, packaging, and equipment are the industries that have a large demand for industrial robots in order to cut costs and harness industrial activity. The players in the consumer electronics industry are aiming to increase productivity at a faster rate, save time, and deliver high-quality products with the use of robots. Therefore, there is a notable growth in the investment made by the business that increases the demand for these robots.

The industrial robotics industry is gaining growth due to the rise of automotive industries in various developing economies, as most of the robots consist of drive, robotic manipulators, sensors, end-effectors, and controllers. The increasing adoption of industrial robotics has fueled the AI robots, IoT, and other digital technologies integration which will eventually enhance the performance of the robots. The robots have wide applications in food & beverages, healthcare & pharmaceuticals, aerospace & defense, metals & mining, and others. Thus, driving the Industrial Robotics market revenue.

The initial investment necessary can be arduous for the organization with less or no relevant expertise as the integration, procurement, accessories, programming, and maintenance require large capital investments, thus, hampering the growth of the market. Small and medium businesses also find it arduous to attain a large sum of money because of low manufacturing and a poor return on investment.

Labor shortages present a significant challenge for many industries, thereby propelling the Global Industrial Robotics Market Industry forward. As the workforce ages and fewer individuals enter manufacturing roles, companies are compelled to seek automation solutions to maintain productivity levels. Robotics offers a viable alternative, allowing businesses to mitigate the impact of labor shortages while ensuring operational continuity. This trend is likely to contribute to the market's expansion, as organizations increasingly invest in robotic systems to compensate for the diminishing labor pool, thus enhancing their competitive edge.

The Global Industrial Robotics Market Industry is poised for substantial growth, with projections indicating a rise from 20.7 USD Billion in 2024 to 57.7 USD Billion by 2035. This growth trajectory suggests a robust demand for robotic solutions across various sectors, driven by factors such as automation, technological advancements, and labor shortages. The anticipated compound annual growth rate of 9.77% from 2025 to 2035 further underscores the market's potential. Charts illustrating this growth can provide valuable insights into the evolving landscape of industrial robotics, highlighting key trends and opportunities for stakeholders.

Sustainability initiatives are increasingly shaping the Global Industrial Robotics Market Industry as companies strive to reduce their environmental footprint. Robotics can optimize resource utilization, minimize waste, and enhance energy efficiency in manufacturing processes. As organizations adopt greener practices, the demand for robotic solutions that align with sustainability goals is likely to rise. This trend not only supports corporate social responsibility but also meets the expectations of environmentally conscious consumers. The anticipated growth of the market from 20.7 USD Billion in 2024 to 57.7 USD Billion by 2035 reflects the increasing integration of sustainability into industrial operations.

Technological innovations play a pivotal role in shaping the Global Industrial Robotics Market Industry. Advancements in artificial intelligence, machine learning, and sensor technologies are enhancing the capabilities of industrial robots. These innovations enable robots to perform complex tasks with greater accuracy and adaptability. As a result, industries are increasingly integrating these advanced robotic systems into their operations. The anticipated growth from 20.7 USD Billion in 2024 to 57.7 USD Billion by 2035 indicates a robust trajectory fueled by continuous technological evolution, which may further drive adoption rates across various sectors.

The Global Industrial Robotics Market Industry experiences a surge in demand for automation across various sectors, driven by the need for enhanced efficiency and productivity. Industries such as manufacturing, automotive, and electronics are increasingly adopting robotic solutions to streamline operations. In 2024, the market is projected to reach 20.7 USD Billion, reflecting a growing reliance on robotics to meet production targets. This trend suggests that companies are prioritizing automation to reduce labor costs and improve precision, thereby positioning themselves competitively in the global landscape.

The Global Industrial Robotics Market Industry is also influenced by the need for supply chain resilience. Recent disruptions have highlighted vulnerabilities in traditional supply chains, prompting companies to adopt automation technologies to enhance flexibility and responsiveness. Robotics can streamline logistics, inventory management, and production processes, thereby improving overall supply chain efficiency. As organizations prioritize resilience, the market is expected to grow significantly, with projections indicating a compound annual growth rate of 9.77% from 2025 to 2035. This shift underscores the importance of robotics in building robust supply chains.

By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American Industrial Robotics market, is expected to dominate the market with the presence of a large number of factories and industries that use robots in manufacturing processes to increase productivity. Furthermore, the increasing popularity of AI, automation, and other advanced technology evolution. China's industrial robotics market is the largest contributor.

Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2: Industrial Robotics Market SHARE BY REGION 2022 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

North American Industrial Robotics market accounts for the second-largest market share because of the arrival of smart factories and Industry 4.0, which demands small and customized robotics systems. Thus, the producers get an early return on investment as the manufacturing process is speedy and increases production capacity. Further, the US Industrial Robotics market held the largest market share, and the Canadian Industrial Robotics market was the rapid-growing market in the European region.

The European Industrial Robotics Market is expected to grow at the fastest CAGR from 2023 to 2032 as the work on creating and adopting the robots is increased in the region by the manufacturers. Moreover, the German Industrial Robotics market held the largest market share, and the UK Industrial Robotics market was the rapid-growing market in the Asia-Pacific region.

Leading market players are investing heavily in research and development in order to spread their product lines, which will help the Industrial Robotics market grow even more. Market participants are also undertaking a various strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the Industrial Robotics industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global Industrial Robotics industry to benefit clients and increase the market sector. In recent years, the Industrial Robotics industry has offered some of the most significant advantages to manufacturing industries. Major players in the Industrial Robotics market, including ABB, FANUC Corporation, Yaskawa Electric Corporation, MRK-Systeme GmbH, Epson, Mitsubishi Electric Corporation, Comau SpA, DENSO Corporation, Kawasaki Heavy Industries, Ltd., Omron Corporation, KUKA AG, Hirata Corporation, Toshiba Machine Co.

Ltd, and others, are attempting to increase market demand by investing in research and development operations.

Epson is a Japanese multinational electronics company headquartered in Suwa, Japan, globally the largest manufacturer of computer printers and information and image-related equipment. Inkjet, thermal and laser printers for consumers, business, and industrial use, dot matrix, scanners, laptops and desktop computers, and other associated electronic components. In June 2022, the GX series SCARA Robots was introduced by Epson in order to provide next-level performance and flexibility. High throughput, smooth motion control, and heavy payloads with advanced Epson GYROPLUS technology are offered by the GX4 and GX8 SCARA robots.

With a 250-350 mm reach with the GX4 and a 450-650 mm reach with the GX8, offering multiple arm configurations, the robots can attain ultra-high accuracy with roles including assembly, pick and place, and complicated small-parts handling processes.

Yasakawa Electronic Corporation is a Japanese servo, motion controllers, AC motor drives, and industrial robots manufacturer. It was established in 1915 and headquartered in Fukuoka Prefecture; its robot, the Motoman robot, is widely utilized in welding, assembly, packaging, coating material handling, cutting, and general automation as it is a heavy-duty industrial robot. In January 2022, the additional shares of Doolim-Yaskawa Co., Ltd, were acquired by the Yaskawa Electric Corporation through Yaskawa Electric Korea Corporation; doolim-yaskawa Co., Ltd is a Korean robotic painting and sealing system integrator.

Yaskawa Electric and Yaskawa Korea to build the business in the robotic painting and sealing system market via leveraging synergies with Doolim-Yaskawa.