Press release
Exploring the Surging Growth of Top Robotics Market: CAGR at 19.6%, Industry Trends, Key Players, and Market Size Projections
What Is The Projected Market Size Of The Global Top Robotics Market And Its Growth Rate?
The top robotics market has experienced significant growth in recent years. Here are some key statistics:
• The market size grew from $128.54 billion in 2024 to $155.54 billion in 2025, showing a compound annual growth rate (CAGR) of 21.0%.
• Factors such as the reduction in human error, government initiatives for adopting robotics, surging demand for industrial robots, increasing robotics usage in both industrial and domestic sectors, and labor shortages spurred this growth.
• The top robotics market's size is predicted to soar further in the coming years and is projected to reach $318.12 billion in 2029 with a CAGR of 19.6%.
• This can be attributed to the growing demand for cleaning robots, government support due to worker shortages, burgeoning e-commerce and logistics sectors, the rising use of robots in healthcare, sustainability focus, and the move towards reducing carbon footprints.
What Is Driving The Growth In The Top Robotics Market?
The widespread usage of robots in the logistics sector is propelling the growth of the top robotics market. The process of purchasing, storing, and transporting assets, known as logistics, is significantly streamlined with the help of robotics. Robotics aids in remotely connecting to devices, overseeing robot operations, reducing logistics costs, quickening cargo preparation, and increasing delivery accuracy. For instance, according to the International Federation of Robotics, robot sales in the automotive sector rose by 1% with a record 14,678 units installed in 2023, following an unprecedented 47% surge in installations reaching 14,472 units in 2022.
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Who Are the Key Players Driving Top Robotics Market Growth?
The top robotics market is powered by several major players, including:
• ABB Ltd.
• The Yaskawa Electric Corporation
• FANUC Corporation
• KUKA AG
• Kawasaki Heavy Industries Ltd.
• Nachi-Fujikoshi Corp.
• Honda Motor Co. Ltd.
• Mitsubishi Electric Corporation
• Denso Corporation
• Seiko Epson Corporation
• Universal Robots
• Omron Adept Technology Inc.
• Stäubli
• Comau
• Yamaha Motor Co. Ltd.
• ST Robotics
• CMA Robotics S.P.A.
• Daifuku Co. Ltd.
• Neato Robotics
• SoftBank Robotics Group Corp.
• GE Inspection Robotics AG
• Starship Technologies
• Nuro Inc.
• Intuitive Surgical Inc.
• Dürr AG
• igm Robotersysteme AG
• Franka Emika GmbH
• iRobot Corporation
What Are The Key Trends In The Top Robotics Market?
Key trends within the top robotics market include:
• The rise of collaborative robots (cobots)
• Advancements in artificial intelligence (AI)
• Industrial automation
• The emergence of humanoid and social robots
• The concept of robotics as a service (RAAS)
What Are The Segments Of The Global Top Robotics Market?
The top robotics market can be categorized into several segments:
1) By Type: Top Industrial Robotics, Top Services Robotics
2) By Application: Handling, Welding And Soldering, Assembling And Disassembling, Dispensing, Other Applications
3) By End Use Industry: Automotive, Electrical And Electronics, Metals And Machinery, Food And Beverages, Pharmaceuticals And Cosmetics, Other End Use Industries
Which Region Leads The Top Robotics Market?
In 2024, the Asia-Pacific region led the top robotics market, followed by regions such as Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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What Is Covered In The Top Robotics Market Global Market Report?
- Market Size Analysis: Analyze the Top Robotics Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Top Robotics Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Top Robotics Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Top Robotics Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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