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Robotic Arm Market Growth Driven By E-Commerce Demand For Material Handling Efficiency: A Significant Driver Propelling The Robotic Arm Market In 2025
The Robotic Arm 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 Robotic Arm Market Size and Projected Growth Rate?
The robotic arm market has shown rapid expansion. It will grow from $36.93 billion in 2024 to $43.22 billion in 2025 at a CAGR of 17.0%. The increase stems from the rise of industrial automation, heightened robotics demand, growth in warehouse efficiency initiatives, and the pursuit of more sophisticated robotic systems.
The robotic arm market is projected to grow rapidly, reaching $80.82 billion by 2029 at a compound annual growth rate (CAGR) of 16.9%. The growth is driven by the use of robotic arms in manufacturing, enhanced production efficiency, automation in various sectors, and the growth of e-commerce. Major trends include the increasing complexity of manufacturing processes, advancements in robotics, and greater integration in healthcare.
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What Are the Major Segments in the Robotic Arm Market?
The robotic arm market covered in this report is segmented -
1) By Type: Articulated, Cartesian, Selective Compliance Articulated Robot Arm (SCARA), Spherical Or Polar, Cylindrical, Other Types
2) By Payload Capacity: Less Than 500 Kilogram (KG), 500-3000 Kilogram (KG), 3001 Kilogram (KG) And Above
3) By Axis: 1-Axis, 2-Axis, 3-Axis, 4-Axis, 5-Axis, 6-Axis, 7-Axis
4) By Application: Materials Handling, Cutting And Processing, Soldering And Welding, Assembling And Disassembling, Other Applications
5) By End-User Industry: Automotive, Electrical And Electronics, Metals And Machinery, Plastics And Chemicals, Food And Beverages, Other End-User Industries
Subsegments:
1) By Articulated: 6-Axis Robotic Arms, 7-Axis Robotic Arms, Multi-Axis Robotic Arms
2) By Cartesian: Gantry Robots, XYZ Cartesian Robots
3) By Selective Compliance Articulated Robot Arm (SCARA): 4-Axis SCARA Robots, 5-Axis SCARA Robots
4) By Spherical Or Polar: Spherical Robots (Polar Coordinates), Polar Robotic Arms With Rotational Axes
5) By Cylindrical: Cylindrical Robotic Arms
6) By Other Types: Delta Robots, Parallel Robots, Hybrid Robotic Arms, Collaborative Robots
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What Are The Driving Robotic Arm Market Evolution?
The expanding e-commerce sector is anticipated to increase demand for the robotic arm market. E-commerce growth is driven by online accessibility, mobile devices, and consumer convenience. Robotic arms streamline logistics and warehouse operations. As noted by the U.S. Census Bureau in February 2024, e-commerce sales in 2023 reached $1,118.7 billion, a 7.6% rise from 2022, making up 15.4% of total sales. This underscores the relevance of automation in retail logistics.
Which Firms Dominate The Robotic Arm Market Segments?
Major companies operating in the robotic arm market are LG Electronics Inc., Panasonic Corporation, Mitsubishi Electric Corporation, ABB Ltd., Kawasaki Heavy Industries Ltd., Seiko Epson Corporation, Omron Corporation, FANUC America Corporation, Yaskawa Electric Corporation, Kuka AG, Nachi-Fujikoshi Corp., Stäubli International AG, Comau, Universal Robots A/S, Boston Dynamics, SoftBank Robotics America Inc., Flexiv Robotics Inc., Franka Robotics GmbH, Dobot, Gridbots Technologies Private Limited, DENSO WAVE INCORPORATED, EVS Tech Co. LTD.
What Robotic Arm Market Trends Are Gaining Traction Across Different Segments?
Major companies in the robotic arm market are developing modular high-performance robots to provide versatile and efficient robotic solutions for various industrial uses. These robots consist of interchangeable components that can be reconfigured based on specific needs. In May 2024, ABB Ltd., a Switzerland-based engineering company, launched the IRB 7710 and IRB 7720 robots, which offer increased cycle time efficiency and are designed for heavy-duty applications in industries such as automotive, logistics, and construction.
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Which Is The Largest Region In The Robotic Arm Market?
North America was the largest region in the robotic arm market in 2023. Asia-Pacific is expected to be the fastest growing region in the market going forward. The regions covered in the robotic arm 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 Robotic Arm Market?
2. What is the CAGR expected in the Robotic Arm Market?
3. What Are the Key Innovations Transforming the Robotic Arm Industry?
4. Which Region Is Leading the Robotic Arm Market?
Why This Report Matters:
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