Table of Content - Industrial Robotics Market

The industrial robotics market is estimated to be valued at USD 33.78 billion in 2024 and is expected to reach USD 82.39 billion by 2031, growing at a compound annual growth rate (CAGR) of 13.6% from 2024 to 2031.

Report Description:

The industrial robotics market has witnessed significant growth in the recent past. Industrial robotics involves the use of robots for manufacturing processes and related applications. Robots help improve productivity and quality by performing tasks that are tedious, repetitive, unsafe, or impossible for human workers to carry out. They can lift heavy payloads, operate in hazardous environments, work continuously without fatiguing, and ensure precision and accuracy in production processes. Robotic automation has been adopted across industries like automotive, electronics, pharmaceuticals, food and beverages, and others to reduce costs and meet rising demand. Advancements in robotics technology including artificial intelligence, machine learning, automation, and collaborative robots are expected to further fuel the adoption of industrial robotics solutions in the coming years.

Market Dynamics:

The global industrial robotics market is driven by factors such as growing labor costs, increasing demand for mass customization, rising labor shortage, and need for enhanced productivity and quality. Industrial robots help reduce costs associated with labor by automating repetitive and tedious tasks. Mass customization demands shorter production runs and frequent product changeovers which robots can easily perform. Moreover, an aging workforce and low unemployment rates have resulted in a shortage of labor in manufacturing industries. This has boosted the adoption of robotics to overcome dependence on human labor. Collaborative robots allow humans and robots to work side-by-side offering opportunities for augmented productivity. However, high initial installation and maintenance costs of robotics systems hamper the market growth to some extent. Furthermore, lack of standardization and interoperability challenges pose challenges. Meanwhile, growing automation across SMEs owing to declining robot prices and technological advancements in artificial intelligence, machine learning, and IoT present lucrative opportunities for market expansion.

Key features of the study:

This report provides an in-depth analysis of the global industrial robotics market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2024–2031), considering 2023 as the base year.
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the global industrial robotics market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study include ABB Ltd., Comau SpA, DAIHEN Corporation, Denso Wave Incorporated, Epson America, Inc., FANUC American Corporation, Hirata, Corporation, Kawasaki Heavy Industries Ltd, KUKA Robotics. Corporation, Mitsubishi Electric Corporation, OMRON Corporation, Panasonic Corporation, Seiko Epson Corporation, Teradyne Inc., Toshiba Machine Co. Ltd., Yamaha Motor Co., Ltd., and Yaskawa Electric Corporation.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
The global industrial robotics market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global industrial robotics market.

Market Segmentation

Type Insights (Revenue, USD Bn, 2019 - 2031)
- Cartesian
- Articulated
- Cylindrical
- SCARA
- Others.
Industry Insights (Revenue, USD Bn, 2019 - 2031)
- Electrical & Electronics
- Automotive
- Machinery
- Chemical
- Rubber & Plastics
- Food & Beverages
- Metals
- Precision & Optics
- Others
Function Insights (Revenue, USD Bn, 2019 - 2031)
- Materials Handling
- Milling
- Cutting and Processing
- Soldering and Welding
- Painting and Dispensing
- Assembling & Disassembling
- Others
Regional Insights (Revenue, USD Bn, 2019 - 2031)
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Key Players Insights
- ABB Ltd.
- Comau SpA
- DAIHEN Corporation
- Denso Wave Incorporated
- Epson America, Inc.
- FANUC American Corporation
- Hirata, Corporation
- Kawasaki Heavy Industries Ltd
- KUKA Robotics Corporation
- Mitsubishi Electric Corporation
- OMRON Corporation
- Panasonic Corporation
- Seiko Epson Corporation
- Teradyne Inc.
- Toshiba Machine Co. Ltd.
- Yamaha Motor Co., Ltd.
- Yaskawa Electric Corporation

Table of Contents

Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
Market Purview
- Report Description
  - Market Definition and Scope
- Executive Summary
  - Market Snippet, By Type
  - Market Snippet, By Industry
  - Market Snippet, By Function
  - Market Snippet, By Region
- Coherent Opportunity Map (COM)
Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
  - Drivers
  - Restraints
  - Opportunities
- Regulatory Scenario
- Industry Trend
- Merger and Acquisitions
- New System Launches/Approvals
- Impact of COVID-19 Pandemic
Global Industrial Robotics Market, By Type, 2019-2031 (US$ Billion)
- Introduction
  - Market Share Analysis, 2024 and 2031 (%)
  - Y-o-Y Growth Analysis, 2019 – 2031
  - Segment Trends
- Cartesian
  - Introduction
  - Market Size and Forecast, 2019–2031, (US$ Billion)
- Articulated
  - Introduction
  - Market Size and Forecast, 2019–2031, (US$ Billion)
- Cylindrical
  - Introduction
  - Market Size and Forecast, 2019–2031, (US$ Billion)
- SCARA
  - Introduction
  - Market Size and Forecast, 2019–2031, (US$ Billion)
- Others
  - Introduction
  - Market Size and Forecast, 2019–2031, (US$ Billion)
Global Industrial Robotics Market, By Industry, 2019-2031 (US$ Billion)
- Introduction
  - Market Share Analysis, 2024 and 2031 (%)
  - Y-o-Y Growth Analysis, 2019 – 2031
  - Segment Trends
- Electrical & Electronics
  - Introduction
  - Market Size and Forecast, 2019–2031, (US$ Billion)
- Automotive
  - Introduction
  - Market Size and Forecast, 2019–2031, (US$ Billion)
- Machinery
  - Introduction
  - Market Size and Forecast, 2019–2031, (US$ Billion)
- Chemical, Rubber & Plastics
  - Introduction
  - Market Size and Forecast, 2019–2031, (US$ Billion)
- Food & Beverages
  - Introduction
  - Market Size and Forecast, 2019–2031, (US$ Billion)
- Metals
  - Introduction
  - Market Size and Forecast, 2019–2031, (US$ Billion)
- Precision & Optics
  - Introduction
  - Market Size and Forecast, 2019–2031, (US$ Billion)
- Others
  - Introduction
  - Market Size and Forecast, 2019–2031, (US$ Billion)
Global Industrial Robotics Market, By Function, 2019-2031 (US$ Billion)
- Introduction
  - Market Share Analysis, 2024 and 2031 (%)
  - Y-o-Y Growth Analysis, 2019 – 2031
  - Segment Trends
- Materials Handling
  - Introduction
  - Market Size and Forecast, 2019–2031, (US$ Billion)
- Milling, Cutting, and Processing
  - Introduction
  - Market Size and Forecast, 2019–2031, (US$ Billion)
- Soldering and Welding
  - Introduction
  - Market Size and Forecast, 2019–2031, (US$ Billion)
- Milling, Cutting, and Processing
  - Introduction
  - Market Size and Forecast, 2019–2031, (US$ Billion)
- Soldering and Welding
  - Introduction
  - Market Size and Forecast, 2019–2031, (US$ Billion)
- Painting and Dispensing
  - Introduction
  - Market Size and Forecast, 2019–2031, (US$ Billion)
- Assembling & Disassembling
  - Introduction
  - Market Size and Forecast, 2019–2031, (US$ Billion)
- Others
  - Introduction
  - Market Size and Forecast, 2019–2031, (US$ Billion)
Global Industrial Robotics Market, By Region, 2019-2031 (US$ Billion)
- Introduction
  - Market Share Analysis, By Region, 2024 and 2031 (%)
- North America
  - Regional Trends
  - Market Size and Forecast, By Type, 2019–2031 (US$ Billion)
  - Market Size and Forecast, By Industry, 2019–2031 (US$ Billion)
  - Market Size and Forecast, By Function, 2019–2031 (US$ Billion)
  - Market Share Analysis, By Country, 2024 and 2031 (%)
    - U.S.
    - Canada
- Europe
  - Regional Trends
  - Market Size and Forecast, By Type, 2019–2031 (US$ Billion)
  - Market Size and Forecast, By Industry, 2019–2031 (US$ Billion)
  - Market Size and Forecast, By Function, 2019–2031 (US$ Billion)
  - Market Share Analysis, By Country, 2024 and 2031 (%)
    - U.K.
    - Germany
    - France
    - Italy
    - Russia
    - Rest of Europe
- Asia Pacific
  - Regional Trends
  - Market Size and Forecast, By Type, 2019–2031 (US$ Billion)
  - Market Size and Forecast, By Industry, 2019–2031 (US$ Billion)
  - Market Size and Forecast, By Function, 2019–2031 (US$ Billion)
  - Market Share Analysis, By Country, 2024 and 2031 (%)
    - China
    - India
    - Japan
    - ASEAN
    - Australia
    - South Korea
    - Rest of Asia Pacific
- Latin America
  - Regional Trends
  - Market Size and Forecast, By Type, 2019–2031 (US$ Billion)
  - Market Size and Forecast, By Industry, 2019–2031 (US$ Billion)
  - Market Size and Forecast, By Function, 2019–2031 (US$ Billion)
  - Market Share Analysis, By Country, 2024 and 2031 (%)
    - Brazil
    - Argentina
    - Mexico
    - Rest of Latin America
- Middle East and Africa
  - Market Size and Forecast, By Type, 2019–2031 (US$ Billion)
  - Market Size and Forecast, By Industry, 2019–2031 (US$ Billion)
  - Market Size and Forecast, By Function, 2019–2031 (US$ Billion)
  - Market Share Analysis, By Country, 2024 and 2031 (%)
    - South Africa
    - GCC Countries
    - Rest of the Middle East and Africa
Competitive Landscape
- Company Profiles
  - ABB Ltd.
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - Comau SpA
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - DAIHEN Corporation
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - Denso Wave Incorporated
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - Epson America, Inc.
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - FANUC American Corporation
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - Hirata, Corporation
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - Kawasaki Heavy Industries Ltd
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - KUKA Robotics Corporation
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - Mitsubishi Electric Corporation
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - OMRON Corporation
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - Panasonic Corporation
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - Seiko Epson Corporation
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - Teradyne Inc.
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - Toshiba Machine Co. Ltd.
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - Yamaha Motor Co., Ltd.
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - Yaskawa Electric Corporation
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
Wheel of Fortune
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
Section
- References
- Research Methodology
- About us and Sales Contact

*Browse 60 market data tables and 40 figures on "Global Industrial Robotics Market- Global forecast to 2031”.

Need a Custom Report?

We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports
Customize Now

Credibility and Certifications

860519526

9001:2015

27001:2022

Need a Custom Report?

EXISTING CLIENTELE