Global Industrial Robots Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Robot Type;

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

By Application;

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

By Solution;

Hardware, Software, and Services.

By Geography;

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

Introduction

Global Industrial Robots Market (USD Million), 2021 - 2031

In the year 2024, the Global Industrial Robots Market was valued at USD 34,467.04 million. 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%.

The global industrial robots market is a dynamic and rapidly evolving sector within the broader industrial automation industry. Industrial robots are programmable machines designed to perform tasks traditionally carried out by humans in manufacturing and industrial settings. These robots are equipped with advanced sensors, precision control systems, and often feature robotic arms or manipulators to handle various tasks such as assembly, welding, painting, packaging, and material handling.

Over the years, industrial robots have become integral to modern manufacturing processes due to their ability to improve efficiency, accuracy, and productivity while reducing labor costs and cycle times. The market for industrial robots encompasses a wide range of industries, including automotive, electronics, healthcare, food and beverage, aerospace, and more. As technology continues to advance, industrial robots are increasingly incorporating artificial intelligence, machine learning, and Internet of Things (IoT) capabilities, enabling them to work alongside humans in collaborative environments, adapt to changing production needs, and optimize operations through data-driven insights.

Key players in the global industrial robots market include established robotics manufacturers, technology companies specializing in automation solutions, and emerging startups focusing on innovative robotic applications. Factors such as ongoing advancements in robotics technology, the growing trend towards smart factories and Industry 4.0 initiatives, and increasing demand for automation across diverse industries are driving significant growth and innovation in the industrial robots market worldwide.

  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 Application
    3. Market Snapshot, By Solution
    4. Market Snapshot, By Region
  4. Global 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. Global 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. Global Industrial Robots Market, By Application, 2021- 2031 (USD Million)
      1. Material handling
      2. Assembly line
      3. Welding
      4. Painting and dispensing
      5. Others
    3. Global Industrial Robots Market, By Solution, 2021- 2031 (USD Million)
      1. Hardware
      2. Software
      3. Services
    4. Global 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