Global Industrial Robotics Market is predicted to reach USD 43.6 billion at a CAGR of 11.20% during the forecast period

Market Research Future has published a Half-Cooked Research Report on the global Industrial Robotics Market.


MRFR recognizes the following companies as the key players in the Global Industrial Robotics Market— 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 and Hirata Corporation.


Market Highlights


The Global Industrial Robotics Market is accounted to register a CAGR of 11.20% during the forecast period and is estimated to reach USD 43.6 Billion by 2032.


The global industrial robotics market refers to the worldwide industry that encompasses the production, sale, and utilization of robotic systems and solutions specifically designed for industrial applications. Industrial robots are programmable machines that are used to automate various tasks and processes within manufacturing and production environments.


The market for industrial robotics is driven by several factors, including the growing need for automation in manufacturing processes, the desire to enhance productivity and operational efficiency, the rising demand for quality and precision, and the need to address labor shortages in certain industries.


Segment Analysis


The Global Industrial Robotics Market has been segmented based on application and end use.


On the basis of application, the market is segmented into handling, assembling & disassembling, welding & soldering, dispensing, clean room and processing. The handling segment dominates the market because of the increasing drift of shopping on e-commerce and quick deliveries. The fast-developing industries, like automotive and electronics, use handling robots for handling and moving around small or heavy materials on the floor of the factories expeditiously and safely.


On the basis of end use, the market is segmented into automotive, electronics, metal & heavy machinery, chemical, rubber & plastics and food. The increase in innovation with rising research and development efforts by the market player will increase the adoption of such robots in order to enhance productivity, cost-efficiency, and minimum manufacturing overheads. 


Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Industrial Robotics Market Research Report


Regional Analysis


The Global Industrial Robotics Market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Global Industrial Robotics Market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Global Industrial Robotics Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Global Industrial Robotics Market comprises of Middle East, Africa, and Latin America.


China, in particular, has emerged as the largest market for industrial robots in terms of annual installations. The Chinese government has been actively promoting automation and robotics in industries to enhance productivity and maintain its position as a global manufacturing hub.


The industrial robotics market in North America is also significant and growing steadily. The United States and Canada are the key countries driving the market in this region. The market growth is attributed to factors such as a strong manufacturing base, the adoption of advanced technologies, and the need to enhance productivity and efficiency in industries such as automotive, electronics, and healthcare.


Europe is another prominent regional market for industrial robotics. The market is driven by factors such as the presence of established manufacturing industries, increasing automation in various sectors, and government initiatives promoting industrial automation and digitalization.


The industrial robotics market in Latin America is experiencing steady growth. Brazil, Mexico, and Argentina are the key countries driving the market in this region. The market growth is attributed to factors such as a rising manufacturing sector, increasing labor costs, and the need to improve production efficiency and quality.


Key Findings of the Study



  • The Global Industrial Robotics Market is expected to reach USD 43.6 Billion by 2032, at a CAGR of 11.20% during the forecast period.

  • China has emerged as the largest market for industrial robots in terms of annual installations. The Chinese government has been actively promoting automation and robotics in industries to enhance productivity and maintain its position as a global manufacturing hub.

  • On the basis of application, the market is segmented into handling, assembling & disassembling, welding & soldering, dispensing, clean room and processing to holding the largest market in 2022.

  • 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 and Hirata Corporation.

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Companies Covered 15
Pages 110
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