Industrial Robots Market

By Robot Type;

Articulated, SCARA, Cylindrical, Cartesian/Linear, Parallel, and Others (Collaborative, etc.)

By Technology;

Automatic, Semi-automatic, and Manual

By Solution;

Hardware, Software, and Services

By Application;

Material Handling, Assembly Line, Welding, Painting & Dispensing, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn267656925 Published Date: September, 2025 Updated Date: October, 2025

Industrial Robots Market Overview

Industrial Robots Market (USD Million)

Industrial Robots Market was valued at USD 34,467.04 million in the year 2024. The size of this market is expected to increase to USD 70,327.28 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 10.7%.


Industrial Robots Market

*Market size in USD million

CAGR 10.7 %


Study Period2025 - 2031
Base Year2024
CAGR (%)10.7 %
Market Size (2024)USD 34,467.04 Million
Market Size (2031)USD 70,327.28 Million
Market ConcentrationLow
Report Pages382
34,467.04
2024
70,327.28
2031

Major Players

  • ABB Ltd.
  • DENSO Corp.
  • FANUC Corp.
  • Fiat Chrysler Automobiles NV
  • Kawasaki Heavy Industries Ltd.
  • Midea Group Co. Ltd.
  • Mitsubishi Electric Corp.
  • Seiko Epson Corp.
  • Universal Robots AS
  • Yaskawa Electric Corp.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Industrial Robots Market

Fragmented - Highly competitive market without dominant players


The Industrial Robots Market continues to grow steadily as industries turn to automation and robotics to boost performance. Nearly 58% of companies depend on industrial robots to achieve greater precision, productivity, and consistency. Their role in automating complex industrial processes makes them a fundamental part of manufacturing.

Adoption in Automated Manufacturing
Approximately 53% of robots are deployed in automated manufacturing facilities, ensuring reliability, speed, and workflow efficiency. The rise of smart factories and digitally integrated production systems is fueling greater adoption. Robots enable scalable production capabilities while maintaining consistent output quality.

Technological Advancements in Robotics
Close to 45% of recent installations incorporate AI-enabled, IoT-connected, and machine learning features. These smart technologies allow real-time analytics, predictive servicing, and higher energy efficiency. The integration of intelligent robotic solutions is transforming the industrial landscape with enhanced operational standards.

Strong Demand Across Industries
The automotive, electronics, and heavy industries collectively account for nearly 40% of total robot utilization. Robots support assembly, welding, and precision manufacturing, enabling high-volume and cost-effective production. Their use ensures reliable output and improved scalability across diverse sectors.

Positive Outlook for Market Growth
The industrial robots market is projected to expand rapidly, supported by more than 50% of enterprises investing in innovative robotics technologies. Their growing applications in automation-driven industries underline their long-term significance. As robotics evolves, advanced industrial robots will remain central to sustainable manufacturing growth.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Robot Type
    2. Market Snapshot, By Technology
    3. Market Snapshot, By Solution
    4. Market Snapshot, By Application

    5. Market Snapshot, By Region
  4. Industrial Robots Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Automation in Manufacturing
        2. Technological Advancements
        3. Rising Labor Costs
        4. Industry 4.0 Initiatives
        5. Safety and Precision
      2. Restraints
        1. High Initial Investment
        2. Complexity and Integration Challenges
        3. Regulatory Compliance
        4. Limited Flexibility
      3. Opportunities
        1. Collaborative Robotics
        2. Service Robotics
        3. Emerging Markets
        4. AI and IoT Integration
        5. Green Manufacturing
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Industrial Robots Market, By Robot Type, 2021- 2031 (USD Million)
      1. Articulated
      2. SCARA
      3. Cylindrical
      4. Cartesian/Linear
      5. Parallel
      6. Others (Collaborative, etc.)
    2. Industrial Robots Market, By Technology, 2021- 2031 (USD Million)
      1. Automatic

      2. Semi-automatic

      3. Manual

    3. Industrial Robots Market, By Solution, 2021- 2031 (USD Million)

      1. Hardware

      2. Software

      3. Services

    4. Industrial Robots Market, By Application, 2021- 2031 (USD Million)
      1. Material Handling
      2. Assembly Line
      3. Welding
      4. Painting and Dispensing
      5. Others
    5. Industrial Robots Market, By Geography, 2021- 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. ABB Ltd.
      2. DENSO Corp.
      3. FANUC Corp.
      4. Fiat Chrysler Automobiles NV
      5. Kawasaki Heavy Industries Ltd.
      6. Midea Group Co. Ltd.
      7. Mitsubishi Electric Corp.
      8. Seiko Epson Corp.
      9. Universal Robots AS
      10. Yaskawa Electric Corp.
  7. Analyst Views
  8. Future Outlook of the Market