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Industrial Robots Market Report 2025-2034: Industry Overview, Trends, And Forecast Analysis

05-08-2025 09:47 AM CET | Industry, Real Estate & Construction

Press release from: The Business Research Company

Industrial Robots

Industrial Robots

The Industrial Robots Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Current Industrial Robots Market Size and Its Estimated Growth Rate?
In recent years, the market size of industrial robots has seen substantial growth. It is expected to increase from $58.96 billion in 2024 to $65.7 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 11.4%. The significant growth during the historical period can be ascribed to factors such as economic expansion, labor scarcities, and governmental assistance.

Expectations are high for the industrial robots market to experience significant growth in the coming years, with its worth projected to reach $98.82 billion in 2029, a figure reflective of a compound annual growth rate (CAGR) of 10.7%. Reasons for this predicted growth during the projection period include the effects of the COVID-19 pandemic, an increase in healthcare spending, expansion of the industrial sector, innovative mergers and acquisitions, and heightened investments. The forecast period is also expected to see several key trends such as a shift in company focus towards the manufacturing of collaborative robots, investments in cutting-edge artificial intelligence technology, and attention on cloud-based robots to stimulate the industrial robot demand across various industries. Additionally, investments in customizing robots via machine learning and other technologies, and infusion of automation technology are predicted to enhance productivity and streamline processes.

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How Are Emerging Segments Shaping the Industrial Robots Market Landscape?
The industrial robots market covered in this report is segmented -

1) By Product Type: Articulated Robots, Linear Robots, Cylindrical Robots, Parallel Robots, Scara Robots, and Others
2) By Application: Pick And Plane, Wielding And Soldering, Material Handling, Assembling, Cutting And Processing, and Others
3) By End-User Industry: Automotive, Electrical And Electronics, Healthcare And Pharmaceuticals, Food And Beverages, Rubber And Plastics, Metals And Machinery, and Others

Subsegments:
1) By Articulated Robots: Multi-Joint Robots With Rotary Axes, Used In Assembly, Welding, And Material Handling
2) By Linear Robots: Also Known As Cartesian Robots, Operate Along Linear Axes For Pick-And-Place Tasks
3) By Cylindrical Robots: Robots With A Cylindrical Coordinate System, Used In Assembly And Spot Welding
4) By Parallel Robots: Robots With Parallel Kinematic Chains, Used In High-Speed, Precision Tasks Like Packaging
5) By Scara Robots: Selective Compliance Articulated Robot Arms, Ideal For Pick-And-Place, Assembly, And Packaging
6) By Others: Collaborative Robots (Cobots), Delta Robots For High-Speed Tasks, Spherical Robots For Specific Applications

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Which Growth Factors Are Influencing Industrial Robots Market Expansion?
The industrial robot's market is expanding due to a lack of skilled workers. Manufacturers are struggling to meet rising production needs and heightened demand due to this deficiency in skilled labor. The short supply of proficient labor is attributed to the influx of unskilled workers and unavailability of adept workers. The Bureau of Labor Statistics revealed that there were nearly 600,000 unfilled stable manufacturing jobs within the US economy as of August 2023. As such, to maintain high supplies, manufacturers are resorting to the use of robots. The utilization of industrial robots enhances the company's overall productivity, efficiency, and effectiveness. Thus, the labor shortage paves the way for incorporating robots into the workforce.

Who Are the Dominant Players Across Different Industrial Robots Market Segments?
Major companies operating in the industrial robots market include ABB Ltd, Fanuc Corporation, Yaskawa Electric Corporation, Mitsubishi Electric Corporation, Kawasaki Heavy Industries, Ltd., KUKA AG, Qjar - Evs, Denso Corporation, Proviti, Siasun, Rinf.tech, Wandelbots, Estun, Effort, JAKA, MIP robotics, Epson India, Omron Corp, Nachi Fujikoshin, Servnews, Agile Robots, Youibot, Multivac UK, Fruitcore Robotics, Arus Defence, Campetella Robotic Centre, Seiko Epson, Codian Robotics B.V, Mech-Mind Robotics, Bluewrist Inc, Yuanda Robotics, I robots, Mecademic, Simplex Robotics, Schubert UK Ltd, Waypoint Robotics, Caionix, Boston Dynamics, Reliable Robotics LLC

What Industrial Robots Market Trends Are Gaining Traction Across Different Segments?
Industrial robots market is currently witnessing a rising trend in the form of Automated Mobile Robots (AMR). AMRs, specifically engineered to navigate through a plant floor or warehouse without human direction or assistance, are particularly appealing. AMRs include various types such as floor cleaners, forklifts, and pallet movers. An example revealing the functionality of AMRs is Fetch Robotics. This California-based company utilizes AMRs to manage hefty loads at their warehouse. It employs a cloud computing system by Fetch Robotics which allows an operator to oversee and modify all activities with a single button click. This not only mitigates the risk of employee injuries but also enhances the overall operational efficiency.

Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/industrial-robots-global-market-report

Which Geographic Regions Are Expected to Dominate the Industrial Robots Market in the Coming Years?
Asia-Pacific was the largest region in the industrial robots in 2024. Western Europe was the second largest region in the global industrial robot market. The regions covered in the industrial robots market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Industrial Robots Market?
2. What is the CAGR expected in the Industrial Robots Market?
3. What Are the Key Innovations Transforming the Industrial Robots Industry?
4. Which Region Is Leading the Industrial Robots Market?

Why This Report Matters:

Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.

Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.

Efficient Research: Quickly identify market growth, leading players, and major segments.

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Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

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