The global industrial robotics market size was estimated at USD 33,956.1 million in 2024 and is projected to reach USD 60,562.0 million by 2030, growing at a CAGR of 9.9% from 2025 to 2030. One of the primary factors driving this surge is the rapid expansion of e-commerce, which has markedly increased the demand for industrial robotics, particularly in warehousing and logistics sectors. Robots are increasingly being deployed to streamline operations by automating critical processes such as sorting, picking, packing, and delivery, thereby enhancing overall efficiency.

This upward trend is largely propelled by the need for improved operational efficiency and the reduction of lead times, as businesses strive to meet growing consumer expectations for faster and more reliable delivery services. Additionally, companies are turning to robotics solutions to effectively manage seasonal fluctuations in demand, especially during peak periods like holidays, when order volumes can spike dramatically. The integration of artificial intelligence (AI) technologies within robotic systems is further optimizing supply chain operations by enabling predictive analytics and smarter decision-making.

An emerging business model contributing to market growth is Robotics as a Service (RaaS), which is gaining popularity as organizations seek more cost-effective and flexible automation solutions. This subscription-based model allows companies to deploy robotics systems without the burden of substantial upfront capital expenditures, making advanced robotics technology more accessible to a broader range of businesses. RaaS providers typically offer comprehensive services, including installation, maintenance, and system upgrades, which ensure smooth and efficient operations.

This model proves particularly advantageous for industries experiencing fluctuating demand, as it provides scalability and operational flexibility. As more companies adopt RaaS, the industrial robotics market is witnessing a significant shift towards solutions that prioritize operational expenditure (OPEX) over traditional capital expenditure (CAPEX), reflecting a broader trend toward more adaptable and cost-efficient automation strategies.

Key Market Trends & Insights:

• In 2024, the North American industrial robotics market held a notable revenue share, accounting for more than 8% of the global market. This highlights the region's important role in the overall industrial robotics landscape, driven by advanced manufacturing and technological adoption.

• Specifically, the U.S. industrial robotics market is projected to experience steady growth, with a compound annual growth rate (CAGR) expected during the period from 2025 to 2030. This anticipated growth reflects ongoing investments in automation and robotics technology across various industries in the country.

• Meanwhile, the industrial robotics market in the Asia Pacific region is expected to witness the fastest CAGR over the forecast period. This rapid growth can be attributed to increasing industrialization, expanding manufacturing sectors, and rising adoption of automation technologies in countries across the region.

• When analyzing the market by application, the handling segment led the way in 2024, commanding the largest revenue share of over 42%. This dominance reflects the widespread use of industrial robots in material handling tasks such as loading, unloading, and moving products within manufacturing and logistics environments.

• In terms of end-use sectors, the electrical and electronics segment held a significant portion of the market share in 2024. The extensive use of robotics in the production and assembly of electrical and electronic components underscores the critical role that automation plays in enhancing precision, efficiency, and productivity within this sector.

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Market Size & Forecast:

• 2024 Market Size: USD 33,956.1 billion

• 2030 Projected Market Size: USD 60,562.0 million

• CAGR (2025-2030): 9.9%

• North America: Largest market in 2024

• Asia Pacific: Fastest growing market

Key Companies & Market Share Insights:

Several prominent companies dominate the industrial robotics market, including well-known names such as ABB Ltd., Fanuc Corporation, Yaskawa Electric Corporation, KUKA AG, Mitsubishi Electric Corporation, and Denso Corporation. These industry leaders are actively pursuing a range of strategic initiatives aimed at expanding their customer base and reinforcing their competitive edge within the rapidly evolving market. Their strategies include forming strategic partnerships, engaging in mergers and acquisitions, collaborating with other technological innovators, and continuously developing cutting-edge products and technologies. Through these efforts, these companies seek to enhance their market presence and adapt to the changing demands of customers, particularly in industries that heavily depend on industrial robotics solutions.

A strong focus on fostering innovation and addressing the dynamic needs of various sectors underscores their approach. This proactive strategy allows them to stay at the forefront of technological advancements and respond effectively to shifts in consumer preferences and industry requirements.

ABB Ltd., for example, is recognized for its specialization in advanced automation and robotic solutions that cater to a wide range of industries including automotive, electronics, and logistics. The company has earned a reputation for pioneering innovations in manufacturing robotics, offering sophisticated systems for tasks such as assembly, welding, and material handling. ABB’s robotics solutions are further enhanced by integration with state-of-the-art artificial intelligence (AI) and Internet of Things (IoT) technologies, creating smarter and more interconnected factory environments. The company’s commitment to developing energy-efficient and sustainable robotics aligns closely with the global manufacturing sector’s growing emphasis on environmentally friendly and sustainable operations. ABB’s extensive product portfolio combined with its focus on digital transformation firmly establishes it as a leader in the industrial automation arena.

Fanuc Corporation is similarly renowned for its expertise, particularly in CNC control systems and robotic automation tailored for industries requiring high precision and reliability. Its robotic solutions are widely employed in machining, assembly processes, and high-speed pick-and-place operations, making it a preferred choice in manufacturing environments demanding accuracy and durability. Fanuc’s strong focus on delivering long-lasting performance has helped build a solid reputation as a trusted supplier in industrial robotics. Additionally, the company invests substantially in developing robotics systems that integrate AI to enhance productivity and operational efficiency. With a global footprint and a customer-centric approach, Fanuc continues to maintain its position as a leading partner in the industrial robotics sector.

Key Players

• ABB Ltd.

• Yaskawa Electric Corporation

• Mitsubishi Electric Corporation

• Nachi-Fujikoshi Corp.

• Comau SpA

• KUKA AG

• Fanuc Corporation

• Denso Corporation

• Kawasaki Heavy Industries, Ltd.

• Omron Corporation

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Conclusion:

The industrial robotics market is experiencing strong growth driven by increasing automation across manufacturing, warehousing, and logistics sectors. Rising demand for efficiency, faster operations, and cost-effective solutions is fueling adoption worldwide. Innovations in AI and robotics as a service (RaaS) are making robotics more accessible and flexible for businesses. With expanding applications in various industries, the market is poised for continued rapid advancement and widespread implementation.