Industrial Robots Market Report 2026

The industrial robots market size has grown rapidly in recent years. It will grow from $73 billion in 2025 to $85.78 billion in 2026 at a compound annual growth rate (CAGR) of 17.5%. The growth in the historic period can be attributed to labor cost pressures, demand for consistent quality, automotive automation growth, industrial productivity needs, safety improvements in manufacturing.

The industrial robots market size is expected to see rapid growth in the next few years. It will grow to $144.28 billion in 2030 at a compound annual growth rate (CAGR) of 13.9%. The growth in the forecast period can be attributed to advanced manufacturing adoption, shortage of skilled labor, AI-enabled automation, customization in production, expansion of smart factories. Major trends in the forecast period include increasing adoption of collaborative robots, expansion of automated manufacturing lines, integration of ai-based robot control, rising demand for precision assembly, growth of flexible production systems.

The shortage of skilled workers is driving the growth of the industrial robots market. As production demands increase, manufacturers struggle to meet supply requirements due to a lack of skilled labor. This shortage arises from two main factors: the prevalence of unskilled workers and the unavailability of skilled workers. According to the Bureau of Labor Statistics, as of August 2023, the US economy faced a shortfall of nearly 600,000 stable manufacturing jobs across the country. To maintain production levels, manufacturers are increasingly installing robots. Industrial robots enhance overall productivity, efficiency, and operational effectiveness. Therefore, labor shortages are creating opportunities for greater adoption of robots in the workforce.

Major companies in the industrial robots market are developing innovative technologies, such as cobots, to gain a competitive advantage. Cobots, or collaborative robots, are designed to work alongside human workers in shared workspaces. For instance, in August 2023, Schneider Electric SE, a France-based energy management company, launched the Lexium Cobot, a collaborative robot engineered to handle heavy payloads, reduce downtime, and improve operational efficiency in manufacturing environments. The Lexium Cobot features collision detection, compact design, and easy integration, making it suitable for heavy, repetitive, or complex tasks. It helps mitigate the impact of labor shortages on productivity and space requirements while enhancing worker safety and agility in industrial facilities.

In October 2023, Rockwell Automation, a US-based provider of industrial automation products and digital transformation solutions, acquired Clearpath Robotics, Inc. for an undisclosed amount. Through this acquisition, Rockwell aimed to expand and strengthen its industrial robotics portfolio by incorporating autonomous mobile robot (AMR) capabilities and production logistics automation, enabling end-to-end material handling and enhancing its value proposition for fully automated “smart factory” solutions. Clearpath Robotics is a Canada-based provider of autonomous robotics solutions for industrial applications, including its research-oriented division and Otto Motors, which develops AMRs and fleet management software for manufacturing and logistics operations.

Major companies operating in the industrial robots market are ABB Ltd, FANUC Corporation, Yaskawa Electric Corporation, Mitsubishi Electric Corporation, Kawasaki Heavy Industries, Ltd., KUKA AG, Denso Corporation, Siasun, Estun, JAKA, Epson India, Omron Corporation, Nachi-Fujikoshi Corp., Agile Robots, Youibot, Fruitcore Robotics, Campetella Robotic Center, Seiko Epson Corporation, Codian Robotics B.V., Mecademic, Schubert UK Ltd, Boston Dynamics, Wandelbots, Proviti, Rinf.tech, Effort, MIP Robotics, Servnews, Multivac UK, Mech-Mind Robotics, Bluewrist Inc., Yuanda Robotics, Simplex Robotics.

Asia-Pacific was the largest region in the industrial robots in 2025. Western Europe was the second largest region in the global industrial robot market. The regions covered in the industrial robots market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the industrial robots market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The industrial robots market consists of sales of manipulator, controller, electroactive polymers, elastic nanotubes. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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