Global Industrial Robotics Market Size & Outlook
Global industrial robotics market, 2018-2030 (US$M)
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Global industrial robotics market highlights
- The global industrial robotics market generated a revenue of USD 30,196.2 million in 2023 and is expected to reach USD 60,562.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 10.5% by 2030.
- In terms of segment, electrical/electronics accounted for a revenue of USD 7,741.7 million in 2023.
- Chemical, Rubber, & Plastics is the most lucrative end use segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 30,196.2 million |
| Market revenue in 2030 | USD 60,562.0 million |
| Growth rate | 10.5% (CAGR from 2023 to 2030) |
| Largest segment | Electrical/electronics |
| Fastest growing segment | Chemical, Rubber, & Plastics |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Automotive, Electrical/Electronics, Metal/Heavy Machinery, Chemical, Rubber, & Plastics, Food |
Other key industry trends
- In terms of revenue, the North America accounted for 8.4% of the global industrial robotics market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 3,212.3 million by 2030.
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Industrial Robotics Market Scope
Industrial Robotics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global industrial robotics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to industrial robotics market will help companies and investors design strategic landscapes.
Electrical/electronics was the largest segment with a revenue share of 25.64% in 2024. Horizon Databook has segmented the Global industrial robotics market based on automotive, electrical/electronics, metal/heavy machinery, chemical, rubber, & plastics, food covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Industrial Robotics End Use Outlook (Revenue, USD Million, 2018-2030)
- Automotive
- Electrical/Electronics
- Metal/Heavy Machinery
- Chemical, Rubber, & Plastics
- Food
- Others
- Global Industrial Robotics Application Outlook (Revenue, USD Million, 2018-2030)
- Handling
- Assembling & Disassembling
- Welding & Soldering
- Cleanroom
- Dispensing
- Processing
- Others
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Our clientele includes a mix of industrial robotics market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global industrial robotics market , including forecasts for subscribers. This global databook contains high-level insights into Global industrial robotics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global industrial robotics market size, by regions, 2018-2030 (US$M)
Top 10 countries: Industrial robotics market size, 2024 (US$M)
Global industrial robotics market share, by end use, 2024 & 2030 (%, US$M)
Industrial robotics market: Opportunity assessment by country
Global industrial robotics market, by region, 2024 (US$M)
| End Use | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 1,648.4 | 1,681.7 | 1,565.0 | 1,934.6 | 2,300.3 | 2,534.4 | 2,755.7 | 2,964.4 | 3,167.0 | 3,359.7 | 3,540.4 | 3,724.5 | 3,906.2 | 4.7% |
| Europe | 3,289.6 | 3,421.9 | 3,249.5 | 4,102.3 | 4,985.7 | 5,619.9 | 6,258.0 | 6,901.6 | 7,568.0 | 8,250.6 | 8,947.0 | 9,700.3 | 10,501.5 | 7.3% |
| Asia Pacific | 11,375.6 | 11,917.4 | 11,398.2 | 14,494.6 | 17,745.5 | 20,152.0 | 22,609.5 | 25,125.4 | 27,764.6 | 30,505.8 | 33,343.1 | 36,440.6 | 39,771.1 | 8.0% |
| Latin America | 296.1 | 335.9 | 345.9 | 471.4 | 615.9 | 743.6 | 884.1 | 1,038.1 | 1,208.8 | 1,396.3 | 1,601.0 | 1,831.9 | 2,089.4 | 12.4% |
| MEA | 243.3 | 338.7 | 404.5 | 617.3 | 882.3 | 1,146.3 | 1,448.9 | 1,791.7 | 2,181.6 | 2,619.6 | 3,107.6 | 3,664.7 | 4,293.8 | 15.7% |
| Overall | 16,853.1 | 17,695.7 | 16,963.1 | 21,620.3 | 26,529.7 | 30,196.2 | 33,956.1 | 37,821.3 | 41,890.1 | 46,132.0 | 50,539.1 | 55,362.0 | 60,562.0 | 8.2% |
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