Industrial Robots Market to Record CAGR of 14.2% Over 2025-2032; Significant Investment in Robotics Market to Accelerate Market Growth

The global industrial robots market size was valued at USD 19.89 billion in 2024 and is predicted to reach USD 21.94 billion in 2025. The market is anticipated to touch USD 55.55 billion by 2032, recording a CAGR of 14.2% over 2025-2032.

Fortune Business Insights™ presents this information in its latest report titled “Industrial Robots Market Size, Share & Industry Analysis, By Robot Type (Articulated, SCARA, Cylindrical, Cartesian/Linear, Parallel, and Others), By Application (Pick and Place, Welding & Soldering, Material Handling, Assembling, Cutting & Processing, and Others), By Payload Capacity (Up to 16  KG, 16 to 20 KG, 61 to 225 KG, and Above 225 KG), By Industry (Automotive, Electrical & Electronics, Healthcare & Pharmaceutical, Food & Beverages, Rubber & Plastic, Metals & Machinery, and Others), and Regional Forecast, 2025-2032”.

An industrial robot is a mechanical system designed to receive and execute programmed instructions for tasks related to industrial production autonomously. These robots can be customized, allowing for adjustments to their programming for various applications. The increasing adoption of robotics and smart manufacturing processes across industries drives the demand for automation and subsequently fuels market growth.

COVID-19 pandemic impacted positively during the forecast period, owing to rising growth in e-commerce, and integration of industry 4.0 practices after COVID-19 pandemic accelerates the demand for such robots, fuels the market growth.

Kawasaki Robotics Unveiled its New CL Series of Industrial Robots to Improve Production Efficiency

Kawasaki Robotics, a division of Kawasaki Heavy Industries Ltd unveiled its new CL series of industrial robots at the International Manufacturing Technology Show (IMTS) in Chicago, U.S. These advanced robots are designed to handle high payloads and improve production efficiency. They are suitable for various applications, including welding, material remover, and machine tending.  

Implementation of Advanced Technologies by Industrial Manufacturers to Drive Market Growth

Industrial manufacturers are set to implement several technologies that enhance efficiency, lower operational costs, and improve precision. These advanced robots are being utilized across various sectors, including automotive, manufacturing, electronics, and healthcare.

Significant Investment in Robotics Market to Accelerate Market Growth

The demand for industrial robots is robust across sectors such as pharmaceuticals, consumer electronics, packaging, automotive, and equipment. This demand varies based on the specific type of robot required to enhance operational efficiency and reduce costs. For example, companies in the consumer electronics sector may adopt collaborative robots more swiftly to improve production flexibility. Additionally, increasing investment in the robotics market is driving the demand for these robots in industrial applications, thereby accelerating industrial robots market growth.

However, the requirement for substantial initial capital investment for implementing automation in industrial robots poses a challenge to market expansion.

Major Market Players to Pursue Various Strategies to Enhance Their Geographical Footprint

The major players in the market, such as Kawasaki Heavy Industries, KUKA AG, ABB, and others, are actively pursuing strategies such as product launches, acquisitions, and product development. These initiatives aim to enhance their geographical footprint and intensify competition within the market.

Notable Industry Development:

• October 2023: ABB introduced the IRB 1090, an education robot specifically designed to train employees in industrial environments and provide a competitive edge. This robot is equipped with programming capabilities, next-generation controllers, and simulation software. It boasts a reach of 580mm and a payload capacity of 3.5 kg.

To get a detailed report summary and research scope of this market, click here:

https://www.fortunebusinessinsights.com/industry-reports/industrial-robots-market-100360

List of the Companies Profiled in the Report:

• ABB  (Switzerland)


• YASKAWA ELECTRIC CORPORATION (Japan)


• Mitsubishi Electric Corporation (Japan)


• NACHI-FUJIKOSHI CORP. (Japan)


• Comau  SpA (Italy)


• KUKA AG (Germany)


• FANUC CORPORATION (Japan)


• DENSO CORPORATION. (Japan)


• Kawasaki Heavy Industries, Ltd. (Japan)


• Omron Corporation (Japan)


• Staubli (Switzerland)


• Universal Robots (Denmark)

Further Report Findings

• Asia Pacific held the largest industrial robots market share in 2023 and is expected to experience substantial growth in the coming years. This growth is primarily driven by the expansion of e-commerce and logistic sectors in the region, as well as increasing automation in manufacturing industries in India, China, and Japan.


• The European region is expected to witness growth driven by the rising trend of automation within the manufacturing sector, particularly in the automotive, food & beverages, and chemical industries.


• Based on the robot type, the articulated robots are anticipated to lead the market in revenue share in 2024. This segment is expected to experience growth due to its extensive utilization across various industrial applications, including welding, painting, packaging, heavy-duty lifting, and material handling.

Table of Segmentation