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The Surge Of Modular Robotics In Electronics And Automotive Industries Emerges as a Core Driver of the Modular Robotics Market in 2025
Modular Robotics Market
What Is the Expected CAGR for the Modular Robotics Market Through 2025?
The size of the modular robotics market has seen a quick expansion in the past few years. The market is projected to increase from a value of $9.41 billion in 2024 to $10.94 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 16.3%. Factors contributing to the growth during the historic period include a rising demand for customization, cost-effectiveness and scalability, changes in industrial needs, emphasis on lean manufacturing, wide range of applications, the introduction of training and education programs, enhancement of safety standards, and government policies and financial support.
What's the Projected Size of the Global Modular Robotics Market by 2029?
The market size for modular robotics is forecasted to experience a significant expansion in the forthcoming years. It is projected to escalate to $19.53 billion by 2029 with a CAGR of 15.6%. The growth during the forecasted period is precipitated by factors such as the rise of SMEs, emphasis on rapid prototyping, customization in the manufacture of consumer electronics, resilience of worldwide supply chain management, and demand for lightweight and mobile robotics. Other contributing factors are a commitment to user-friendly interfaces. Major foreseeable trends include cooperative robotics, the swift progression of robotic arm technologies, the integration of AI, a focus on scalability, a diverse range of applications across multiple industries, evolving simulation and digital twin technologies, and the collaboration between humans and robots in warehouse automation.
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Top Growth Drivers in the Modular Robotics Industry: What's Accelerating the Market?
The escalating use of robots within the electronics and automotive sectors is propelling the progression of the modular robotics market. Automated processes via robots are becoming increasingly commonplace in these industries. Modular robotics enhances efficiency and reduces costs in the automotive industry by amplifying automation within factories. They are also utilized in the manufacture of electronics to implement lean production measures and cost reduction. For instance, the International Federation of Robotics (IFR), a non-profit organization located in the US, reported that in April 2024 sales escalated in the automotive sector by 1% in 2023, with an unprecedented 14,678 robots being installed. This event was preceded by a substantial increase in 2022, when installations spiked by 47%, reaching a total of 14,472 units. Hence, the rising deployment of robots within the automotive and electronics sectors is fuelling the expansion of the modular robotics market.
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What Trends Will Shape the Modular Robotics Market Through 2029 and Beyond?
The use of advanced technology is becoming an increasingly significant trend in the modular robotics market. Leading corporations in this market are transitioning towards more cost-efficient technologies to secure a competitive advantage. In November 2023, ABB Robotics, a tech firm based in Switzerland, unveiled the IRB 930 SCARA robot, redefining pick-and-place and assembly tasks. It has been specifically crafted for high-speed, precision-driven assignments, and can support heavy payloads up to 22 kg. This robot is particularly beneficial for high-demand industries like electronics, automotive, and renewable energy. Standout features include a 10% increase in throughput compared to other SCARA robots of its class and a 200% escalation in push-down force. This makes it highly capable in executing force-intensive tasks such as screw-driving and the assembly of components such as battery cells and solar modules.
What Are the Main Segments in the Modular Robotics Market?
The modular robotics market covered in this report is segmented -
1) By Product Type: SCARA Modular Robots, Articulated Modular Robots, Cartesian Modular Robots, Parallel Modular Robots, Other Robots
2) By Hardware Design: Chain-Based, Lattice-Based, Strut-Based
3) By Configuration: Auto-Configuration, Manual Configuration
4) By End Use Industry: Automotive, Electronics And Electrical, Chemical, Food And Beverages, Pharmaceutical, Other End Use Industries
Subsegments:
1) By SCARA Modular Robots: Standard SCARA Robots, High-Speed SCARA Robots
2) By Articulated Modular Robots: 6-Axis Articulated Robots, 7-Axis Articulated Robots
3) By Cartesian Modular Robots: Linear Cartesian Robots, Gantry Systems
4) By Parallel Modular Robots: Delta Robots, Other Parallel Kinematic Robots
5) By Other Robots: Collaborative Robots, Custom Modular Robotics Solutions
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Which Top Companies are Driving Growth in the Modular Robotics Market?
Major companies operating in the modular robotics market are Mitsubishi Electric Corporation, Yaskawa Electric Corporation, Kawasaki Heavy Industries Limited, Universal Robots A/S, DENSO Corporation, Rethink Robotics GmbH, KUKA AG, Nachi-Fujikoshi Corporation, Yamaha Motor Co. Ltd., Acmi SpA, Shibaura Machine, Stäubli International AG, Engel Austria GmbH, Comau SPA, Cassioli Group, ABB Ltd., Acutronic Robotics, LEGO System AS, FANUC Corporation, Adept Technology Inc., Epson Robots, Omron Adept Technologies Inc., Rockwell Automation Inc., Schneider Electric SE, Emerson Electric Co., Robert Bosch GmbH, Delta Electronics Inc., Beckhoff Automation GmbH & Co. KG, Kollmorgen Corporation, Advantech Co. Ltd.
Which Regions Will Dominate the Modular Robotics Market Through 2029?
Asia-Pacific was the largest region in the modular robotics market share in 2024. The regions covered in the modular robotics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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