Press release
Robotic Arm Market Growth Driven By E-Commerce Demand For Material Handling Efficiency: A Key Catalyst Accelerating Robotic Arm Market Growth in 2025
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Robotic Arm Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for robotic arms has seen a speedy expansion over the past years. Its value is projected to rise from $36.93 billion in 2024 to $42.63 billion in 2025, with a compound annual growth rate (CAGR) of 15.5%. This growth during the previous period has been fueled by an increased need for robotic arms due to industrial automation, a growing demand for robotics and advanced robots, and the need to optimize processes in warehouses.
Robotic Arm Market Size Forecast: What's the Projected Valuation by 2029?
In the years to come, a significant expansion is anticipated in the robotic arm market, increasing to a value of $76.2 billion in 2029 at a compound annual growth rate (CAGR) of 15.6%. The forecasted expansion is primarily due to the use of robotic arms in manufacturing processes, which enhance their efficiency, precision, and speed, thus raising productivity and cost-effectiveness. The surge of automation across various sectors, including automotive and e-commerce, also contribute to this growth. The future trend to look forward to includes the rising complexity in manufacturing processes, technological innovations in robotics, superior technological infrastructure, progress in the utilization of robotic arms in the healthcare sector, and a great level of technological integration.
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What Are the Drivers Transforming the Robotic Arm Market?
The projected growth of the robotic arm market is closely tied to the expanding e-commerce industry. E-commerce defines online transactions, the buying and selling of goods and services via the internet. This evolution in business operations has transformed the level of interaction between enterprises and consumers, providing advantages like availability, convenience, and international reach. The progression of the e-commerce sector is primarily influenced by factors such as the extensive use of smartphones, the availability of the internet, and the wide variety of products offered online. In the context of the e-commerce industry, robotic arms are integral to refining logistics and supply chain operations, facilitating better inventory management, minimizing operation expenses, and bolstering productivity. For example, in February 2024, the United States Census Bureau, a governmental entity in the US, predicted that e-commerce sales for 2023 would hit $1,118.7 billion, an increase of 7.6% (±1.2%) from 2022. Conversely, total retail sales within the same period grew by only 2.1% (±0.4%). In 2023, e-commerce comprised 15.4% of total sales, a rise from 14.7% in 2022. Consequently, the accretion of the e-commerce sector is a motivating factor behind the burgeoning robotic arm market.
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What Trends Will Shape the Robotic Arm Market Through 2029 and Beyond?
Major corporations in the robotic arm industry are putting their focus on creating advanced and innovative products such as modular high-performance robots. These robotic solutions are not only flexible and high-performance, but they also increase productivity and sustainability for various industrial applications. Modular high-performance robots, which are made up of interchangeable components that can be reconfigured for diverse tasks, adapt their shape and functionality according to the specific operational requirements. For instance, in May 2024, a Swiss-based engineering company, ABB Ltd., introduced the IRB 7710 and IRB 7720 robots as their new additions to their modular large robot collection. These robots have led to a 25% decrease in cycle times whilst maintaining unparalleled path precision down to 0.6 mm with the capability of reaching high speeds up to 1600 mm/s. These robots are capable of managing payloads of up to 620 kg, making them perfect for the automotive, logistics, and construction sectors, as they guarantee enhanced productivity and energy efficiency, with potential energy savings of up to 30%.
Which Segments in the Robotic Arm Market Offer the Most Profit Potential?
The robotic armmarket 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 Firms Dominate the Robotic Arm Market by Market Share and Revenue in 2025?
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 Offer the Highest Growth Potential in the Robotic Arm Market?
North America was the largest region in the robotic arm market in 2024. 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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