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Key Influencer in the Robotics Technology Market 2025: Automation Revolution Driving The Growth Of The Robotics Technology Market Driver
Key Influencer in the Robotics Technology Market
The surge towards mechanization is contributing to the advancement of the robotic technology market. The heightened utilization of artificial intelligence, automation, and other forms of emerging technologies has brought about a transformation in the interaction between humans and machinery. A lot of corporations have broadened automation, suggesting that it would enable smart machines to undertake intricate or essential decisions. Automation has been implemented throughout companies and ecosystems to create businesses that are more flexible, can adapt swiftly, and can adopt new technology-based operating models. This swing from traditional methods to automation has transformed the market landscape, leading to an upsurge in the acceptance of robotic technology. For example, as per the World Robotics report presented by the International Federation of Robotics, a professional non-profit organization based in Germany, there were 553,052 installations of industrial robots globally in factories in September 2023, marking a 5% annual growth rate compared to 2022. Consequently, the increasing trend towards mechanization will propel the robotic technology market in the future.
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What growth opportunities are expected to drive the robotics technology market's CAGR through 2034?
In recent years, the market size of robotics technology has experienced a swift expansion. The projections indicate a rise from $95.87 billion in 2024 to $108.89 billion in 2025, showing a compound annual growth rate (CAGR) of 13.6%. This impressive growth during the historic period can be traced back to the progress made in sensor technologies, the requirements of industrial automation and manufacturing, the increasing quest for efficiency and precision, the escalating interest in humanoid robots, and the growing pool of investments and funding in the realm of technology.
In the coming years, the market size of robotics technology is anticipated to experience rapid expansion. The market is projected to reach $199.94 billion in 2029, with a compound annual growth rate (CAGR) of 16.4%. Factors contributing to the growth during the forecast period include the broadening of collaborative robotics, the implementation of robotics in healthcare, increased employment of drones and unmanned systems, expansion in consumer robotics applications, and the incorporation of 5g technology in robotics. Key trends during this period include advancements in artificial intelligence technology, the evolution of soft robotics, the emergence of robotics as a service (Raas) models, emphasis on explainable AI in robotics, and the collaboration between humans and robots across various industries.
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What are the emerging trends shaping the future of the robotics technology market?
Major firms in the robotic technology sector are developing innovative technologies like Solix in order to deliver trustworthy service to their clients. Solix is an autonomous crop surveillance robot developed to offer real-time field data, operating on an individual plant basis to maximize output and efficiency. For example, Solinftec, an ag-tech company headquartered in Brazil, released Solix in May 2022. The Solix robot is solar-powered and utilizes lithium-ion batteries for energy storage. It has an integrated camera and sensors, coupled with artificial intelligence (AI) technology, to keep track of plant health, identify insect damage, and notice field alterations.
Which growth-oriented segments of the robotics technology market are leading the industry's development?
The robotics technology market covered in this report is segmented -
1) By Type: Industrial Robots, Mobile Robots, Service Robots, Other Types
2) By Component: Hardware, Software, Service
3) By End User: Aerospace Manufacturing, Agriculture, Automotive Manufacturing, Building Maintenance, Chemical and Fuel Processing, Construction, Consumer Products Manufacturing, Other End Users
Subsegments:
1) By Industrial Robots: Articulated Robots, SCARA Robots (Selective Compliance Assembly Robot Arm), Cartesian Robots, Delta Robots, Collaborative Robots (Cobots), Other Industrial Robots
2) By Mobile Robots: Autonomous Mobile Robots (AMRs), Automated Guided Vehicles (AGVs), Drones, Other Mobile Robots
3) By Service Robots: Professional Service Robots, Personal Service Robots, Healthcare Robots, Educational Robots, Other Service Robots
4) By Other Types: Humanoid Robots, Exoskeletons, Telepresence Robots, Robotic Process Automation (RPA), Other Specialized Robots
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What regions are leading the charge in the robotics technology market?
Asia-Pacific was the largest region in the robotics technology market in 2024.Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the robotics technology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
What companies are at the forefront of innovation in the robotics technology market?
Major companies operating in the robotics technology market include Asea Brown Boveri Group (ABB), FANUC Corporation, Kawasaki Heavy Industries Ltd., KUKA AG, Mitsubishi Electric Corporation, Denso Corporation, Yaskawa Electric Corporation, Omron Corporation, Seiko Epson Corporation, Stäubli Robotics, Komatsu Ltd., Panasonic Corporation, Nachi-Fujikoshi Corp, NVIDIA Corporation, Anduril Industries, Boston Dynamics Inc., Diligent Robotics Inc., Intuitive Surgical Inc., Starship Technologies Inc., Nuro Inc., iRobot Corporation, Vecna Robotics Inc., Toshiba Corporation, AeroVironment Inc., Raytheon Technologies Corporation, Stryker Corporation, NEC Corporation, Ribbon Communications Operating Company Inc., ZTE Corporation
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What Is Covered In The Robotics Technology Global Market Report?
•Market Size Forecast: Examine the robotics technology market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the robotics technology market for a structured understanding.
•Key Players Overview: Analyze major players in the robotics technology market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the robotics technology market.
•Segment Contributions: Evaluate how different segments drive overall growth in the robotics technology market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the robotics technology market.
•Industry Challenges: Identify potential risks and obstacles affecting the robotics technology market.
•Competitive Landscape: Review strategic developments in the robotics technology market, including expansions, agreements, and new product launches.
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