Press release
Prominent Top Robotics Market Trend for 2025: Technological Advancements Drive Evolution In The Top Robotics Market, Enabling Advanced Ai-Powered Machines
Top Robotics Market
Anticipations for growth in the prominent robotics market are being fueled by an upsurge in robot usage within the logistics industry over the forthcoming years. The logistics field, encompassing the entire process of procuring, storing, and moving assets to their final destination, is increasingly integrating robotics. The use of robots in logistics facilitates remote interaction with machinery, enables people to monitor and manage their operations, reduces logistics expenses, accelerates the processing of goods and improves delivery accuracy. For instance, the International Federation of Robotics, a US-based non-profit professional entity aiming to enhance and defend the robotics sector, reported a 1% rise in the sales of robots in the automotive sector, with an unprecedented 14,678 robots deployed in 2023. This record was set right on the heels of a stunning 47% surge in installations, totaling 14,472 units in 2022.
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What is the future CAGR of the top robotics market, and how will it impact industry expansion?
The size of the leading robotics market has seen a massive surge in recent times. It's projected to expand from a valuation of $128.54 billion in 2024 to an impressive $155.54 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 21.0%. Factors like aims to decrease human mistake, government schemes supporting robotics adoption, the swell in the demand for industrial robots, increased application of robots in industrial as well as household sectors, and a shortfall in labour force, have boosted growth during the historical period.
There is a prediction for a swift expansion of the top robotics market in the upcoming years, with an expected increase to $318.12 billion in 2029, at a Compound Annual Growth Rate (CAGR) of 19.6%. The acceleration during this forecasted timeframe is due to factors like growth in the requirement for cleaning robots, governmental assistance in facing the deficiency of workers, enhancements in e-commerce and logistics, increased application of robots in healthcare, and emphasis on sustainability and lowering carbon emissions. Key trends to look out for during this period include collaborative robots (cobots), advancements in AI, industrial automation, humanoid and social robots, and Robotics as a Service (RaaS).
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What are the most significant trends transforming the top robotics market today?
Advancements in technology are driving the evolution of the premium robotics market. These advancements enable manufacturers to employ lightweight robots capable of multitasking, thereby enhancing productivity. Technological breakthroughs, such as artificial intelligence and machine learning, are being integrated into robots to imitate human intelligence and assist in various human tasks. For example, in June 2024, Switzerland's robotic and machine automation provider, ABB Robotics, unfolded the next-gen robotic control platform OmniCore. OmniCore is a high-speed, precise, and sustainable intelligent automation platform designed to energize, improve, and future-proof businesses. It represents a significant advancement towards a modular and future-proof control structure, enabling complete incorporation of AI, sensors, cloud, and edge computing systems, fostering the development of the most sophisticated and autonomous robotic applications.
Which key market segments comprise the top robotics market and drive its revenue growth?
The top robotics market covered in this report is segmented -
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
Subsegments:
1) By Top Industrial Robotics: Articulated Robots, SCARA Robots, Delta Robots, Collaborative Robots (Cobots), Cartesian Robots, Welding Robots, Material Handling Robots
2) By Top Services Robotics: Healthcare Robots, Cleaning Robots, Logistics And Warehouse Robots, Agricultural Robots, Security And Surveillance Robots, Educational Robots, Companion Robots
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What regions are at the forefront of top robotics market expansion?
Asia-Pacific was the largest region in the top robotics market in 2024. The regions covered in the top robotics market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Who are the leading players fueling growth in the top robotics market?
Major companies operating in the top robotics market include 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
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What Is Covered In The Top Robotics Global Market Report?
•Market Size Forecast: Examine the top robotics market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the top robotics market for a structured understanding.
•Key Players Overview: Analyze major players in the top robotics market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the top robotics market.
•Segment Contributions: Evaluate how different segments drive overall growth in the top robotics market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the top robotics market.
•Industry Challenges: Identify potential risks and obstacles affecting the top robotics market.
•Competitive Landscape: Review strategic developments in the top robotics market, including expansions, agreements, and new product launches.
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