Global Articulated Robot Market Size & Outlook, 2023-2030
The articulated robot industry worldwide is expected to reach a projected revenue of US$ 63,373.0 million by 2030. A compound annual growth rate of 14.6% is expected of the worldwide articulated robot industry from 2024 to 2030.
Revenue, 2023 (US$M)
$24,481.3
Forecast, 2030 (US$M)
$63,373.0
CAGR, 2024 - 2030
14.6%
Report Coverage
Worldwide
Global articulated robot market, 2018-2030 (US$M)
Global articulated robot market highlights
- The global articulated robot market generated a revenue of USD 24,481.3 million in 2023 and is expected to reach USD 63,373.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 14.6% by 2030.
- In terms of segment, handling accounted for a revenue of USD 24,481.3 million in 2023.
- Handling is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 24,481.3 million |
| Market revenue in 2030 | USD 63,373.0 million |
| Growth rate | 14.6% (CAGR from 2023 to 2030) |
| Largest segment | Handling |
| Fastest growing segment | Handling |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Handling |
Other key industry trends
- In terms of revenue, the North America accounted for 37.6% of the global articulated robot market in 2023.
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Articulated Robot Market Scope
Articulated robot market segmentation & scope
End Use
Automotive
Electrical and Electronics
Metal and Machinery
Transportation and Logistics
Chemical
Food
Others
Countries
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
Denmark
Sweden
Norway
China
Japan
India
South Korea
Australia
Thailand
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Kuwait
Articulated Robot Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global articulated robot market size, by regions, 2018-2030 (US$M)
Related regional statistics
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