Comprehensive 2025 Robotic Arm Market Overview: Trends, Forecasts, and Growth Drivers

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What Is the Expected CAGR for the Robotic Arm Market Through 2025?
In the last few years, the market size of the robotic arm has been expanding at a swift pace. The growth is projected to increase from $36.93 billion in 2024 to $43.22 billion in 2025, marking a compound annual growth rate (CAGR) of 17.0%. The substantial growth in the historic period is due to several factors such as heightened demand for robotic arms owing to industrial automation, an increase in the request for robotics, need for streamlined procedures in warehouses, and an uptick in demand for advanced robots.

What's the Projected Size of the Global Robotic Arm Market by 2029?
It is projected that the robotic arm market will experience substantial growth over the next few years, ballooning to a value of $80.82 billion by 2029, with a compound annual growth rate (CAGR) of 16.9%. This growth within the predicted timeline can be ascribed to the application of robotic arms in manufacturing processes which lead to improved precision, speed and efficiency, thereby boosting productivity and cost-effectiveness. The inclusion of automation in diverse sectors such as automotive and the expansion of e-commerce are other contributing factors. In the foreseeable timeline, we can expect to see trends like growing intricacy in manufacturing procedures, technological progress in robotics, developed infrastructure in tech, advancements of robotic arms within healthcare, and increased technological incorporation.

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Top Growth Drivers in the Robotic Arm Industry: What's Accelerating the Market?
The surge in the e-commerce sector is anticipated to stimulate the advancement of the robotic arm market in the future. The e-commerce sector signifies the online trading of goods and services. This industry has revolutionized the ties between businesses and consumers, providing comfort, easy access, and a worldwide reach. The e-commerce boom is spearheaded by the prevalent usage of smartphones, internet connectivity, and a vast range of online products. Robotic arms play a pivotal role in refining the supply chain and logistics processes in the e-commerce sector, empowering businesses to administer inventory more effectively, curtail operational expenses, and boost overall output. For instance, the United States Census Bureau, a government agency in the US, reported in February 2024 that the predicted e-commerce sales in 2023 were set to hit $1,118.7 billion which indicated a leap of 7.6% (±1.2%) from 2022, concurrently, total retail sales registered a 2.1% (±0.4%) increment during the same duration. E-commerce sales in 2023 made up 15.4% of overall sales, as opposed to 14.7% in 2022. Thus, the escalation of the e-commerce sector is kindling growth in the robotic arm market.

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What Trends Will Shape the Robotic Arm Market Through 2029 and Beyond?
In the field of the robotic arm market, leading businesses are concentrated on creating cutting-edge products such as modular high-performance robots. These are intended to deliver versatile and high-performing robotic solutions for several industrial uses, thereby increasing productivity and sustainability. Modular high-performance robots, which are composed of changeable parts, can be tailored to carry out different tasks efficiently by altering their form and functionality based on the requirements of the operation. For example, ABB Ltd., an engineering firm based in Switzerland, introduced the IRB 7710 and IRB 7720 robots as part of its collection of modular large robots in May 2024. These robots can reduce cycle times by 25% and offer best-in-class path accuracy down to 0.6 mm at top speeds of up to 1600 mm/s. Designed to carry loads of up to 620 kg, these robots are perfect for automotive, logistics, and construction industries, and can enhance productivity and energy efficiency with potential energy savings up to 30%.

What Are the Main 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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Which Top Companies are Driving Growth in the Robotic Arm Market?
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.

Which Regions Will Dominate the Robotic Arm Market Through 2029?
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.

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