The industrial robotics market is estimated to be valued at USD 38.45 billion in 2025 and is expected to reach USD 95.08 billion by 2032, growing at a compound annual growth rate (CAGR) of 13.8% from 2025 to 2032.
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The industrial robotics market is expected to witness substantial growth over the next few years. With the rising adoption of industrial automation across industries globally, including automotive, electronics, and food & beverages, there has been an increase in the demand for industrial robotics. Advanced technologies like machine learning and artificial intelligence are driving innovations in robotics that are making robots smarter, safer, and more collaborative to work with humans. This is increasing their applicability in warehouses and manufacturing facilities. Further, the demand for industrial robotics is expected to gain momentum with rising labor costs making automation economically viable particularly in developed markets. Key players are continuously focusing on the development of new products with advanced capabilities to strengthen their position in the industrial robotics market.
Rising Factory Automation Needs
With growing demand for faster and higher quality production, factories are under increasing pressure to automate their manufacturing processes. Labor costs have also been rising steadily over the years, giving businesses more incentive to reduce their reliance on human workers for repetitive and hazardous tasks. Industrial robots offer a solution to both these challenges by performing routine industrial jobs with high accuracy and precision, allowing 24/7 operations. They can work in hazardous environments without safety concerns and give consistent results time after time, thereby improving product quality. Furthermore, robotic systems take up little space on the factory floor and require low maintenance compared to human workers. All these advantages have been fuelling the automation of various manufacturing verticals such as automotive, electronics, pharmaceuticals, and food & beverage processing. Industry leaders are aggressively integrating more robotic applications to refine production workflows and meet customer expectations of customized, high-quality products at competitive prices.
For Instance, In July 2022, NACHI-FUJIKOSHI CORPORATION launched two new robots, MZ07F and MZ07LF, known for their high efficiency and speed. These robots are designed to enhance the productivity and precision of manufacturing miniature electronic and electrical components.
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