Robotics - Global Strategic Business Report

The global market for Robotics was estimated at US$48.9 Billion in 2024 and is projected to reach US$119.3 Billion by 2030, growing at a CAGR of 16.0% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Robotics market.

Global Robotics Market - Key Trends and Drivers Summarized

What Is Driving the Evolution of Robotics and Why Is It Important?

Robotics is a multidisciplinary field that involves the design, construction, operation, and use of robots to perform tasks traditionally carried out by humans. Robots are now pivotal in a wide range of industries, from manufacturing and healthcare to agriculture and defense, where they offer increased efficiency, precision, and safety. The robotics industry has undergone a significant transformation, evolving from basic programmable machines to advanced systems capable of autonomous decision-making and learning. With the increasing focus on automation and the need for more flexible, efficient, and cost-effective solutions, robotics is becoming an integral part of modern industrial processes and everyday life. From industrial robots that perform repetitive tasks on assembly lines to service robots that assist in hospitals and homes, the applications of robotics are expanding rapidly.

How Are Technological Advancements Reshaping the Robotics Market?

Technological advancements are driving the robotics market to new heights, enhancing the functionality, versatility, and intelligence of robots. The integration of artificial intelligence (AI) and machine learning (ML) is enabling robots to perform complex tasks, learn from experiences, and adapt to new environments. Collaborative robots, or cobots, are becoming more prevalent in industries due to their ability to work alongside humans safely and efficiently, thanks to advanced sensor technology and AI-driven control systems. Innovations in materials science, such as lightweight composites and high-strength alloys, are making robots more robust and energy-efficient. The development of advanced control algorithms, vision systems, and end-of-arm tooling (EOAT) is further expanding the capabilities of robots across different applications. The rise of cloud robotics and the Internet of Things (IoT) is enhancing connectivity and enabling real-time data sharing and analysis, paving the way for more integrated and intelligent robotic systems.

What Challenges and Opportunities Exist in the Robotics Market?

The robotics market faces several challenges, including high initial costs, technical complexities, and concerns over job displacement. The deployment of advanced robots requires significant investment in equipment, software, and training, which can be prohibitive for some organizations, particularly SMEs. Technical challenges related to system integration, programming, and maintenance can also be barriers to adoption. Additionally, the potential impact of robotics on employment, particularly in labor-intensive sectors, raises social and ethical concerns. However, these challenges present substantial opportunities for growth and innovation. The increasing demand for automation in sectors such as healthcare, logistics, agriculture, and retail is driving the adoption of robots. The growth of smart factories and digital transformation initiatives, along with the rising trend of remote and flexible work environments, is further expanding the market potential for robotics. Moreover, the development of cost-effective, user-friendly, and modular robots is creating new opportunities in emerging markets.

What Factors Are Driving the Growth of the Robotics Market?

The growth in the Robotics market is driven by several factors, including the rising demand for automation across various industries such as manufacturing, healthcare, logistics, and agriculture. Technological advancements in AI, machine learning, collaborative robotics, and materials science are enhancing the capabilities, safety, and efficiency of robots, driving their adoption. The increasing focus on smart manufacturing, digitalization, and the need for flexible and adaptable automation solutions is also contributing to market growth. Additionally, the expansion of applications in service robotics, such as healthcare, hospitality, and customer service, is boosting the demand for robots. The emphasis on reducing operational costs, improving productivity, and enhancing safety in workplaces is further propelling the robotics market forward.

SCOPE OF STUDY:

The report analyzes the Robotics market in terms of units by the following Segments, and Geographic Regions/Countries:

• Segments: Type (Industrial Robotics, Service Robotics); Application (Household, Entertainment, Military & Defense, Field & Logistics, Healthcare, Infrastructure, Other Applications)
• Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Industrial Robotics segment, which is expected to reach US$86.0 Billion by 2030 with a CAGR of a 15.7%. The Service Robotics segment is also set to grow at 17.0% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, valued at $12.8 Billion in 2024, and China, forecasted to grow at an impressive 21.0% CAGR to reach $29.2 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Robotics Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Robotics Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Robotics Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of players such as A.Technics Engineering, ABB AS, ABB High Voltage Switchgear Co., Ltd. Beijing, ABB Ltd., Accuray, Inc. and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 374 companies featured in this Robotics market report include:

• A.Technics Engineering
• ABB AS
• ABB High Voltage Switchgear Co., Ltd. Beijing
• ABB Ltd.
• Accuray, Inc.
• ACTION ICT
• Activ Surgical
• ADLINK Technology Inc.
• AIMMO
• AIUT Inc.

This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:

• Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
• Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
• Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
• Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
• Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
• Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
• Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.