IMARC Group’s report titled “Robotics Technology Market Report by Component (Hardware, Software, Services), Robot Type (Traditional Industrial Robots, Cobots, Professional Service Robots, and Others), Application (Manufacturing, Healthcare, Aerospace and Defence, Media and Entertainment, Logistics, and Others), and Region 2025-2033”. offers a comprehensive analysis of the industry, which comprises insights on the global robotics technology market share. The global market size reached USD 108.0 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 237.0 Billion by 2033, exhibiting a growth rate (CAGR) of 9.13% during 2025-2033.
Factors Affecting the Growth of the Robotics Technology Industry:
- Advancements in Artificial Intelligence and Machine Learning:
The use of artificial intelligence (AI) and machine learning (ML) in robotics is boosting market growth. These technologies allow robots to work more accurately and efficiently, reducing the need for human help. Robots can learn, adapt, and improve over time. This is crucial in industries where precision and reliability matter. Ongoing advancements in AI and computing power make robots even more essential in fields like manufacturing, healthcare, and logistics.
- Increasing Demand for Automation in Industries:
The demand for automation is boosting market growth. Industries like automotive, electronics, and pharmaceuticals are adopting robotic systems. They aim to improve efficiency, cut labor costs, and enhance productivity. Automation ensures consistent quality in production, meeting strict industry standards. Moreover, robots take on dangerous or repetitive tasks. This shift improves safety and increases job satisfaction.
- Rising Investment in Robotics Research and Development:
Investments in robotics R&D are boosting market growth. Governments, companies, and schools are putting in significant resources. Their goal? To solve challenges, enhance robot abilities, and widen applications. Research now aims to improve robot movement, make human-robot interactions easier, and create robots for specific needs. Funding for robotics startups is also increasing, sparking new ideas and speeding up tech releases. These efforts are leading to breakthroughs. Now, robots are used in complex surgeries and advanced farming.
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Leading Companies Operating in the Global Robotics Technology Industry:
- ABB Ltd.
- DENSO Corporation
- FANUC Corporation
- Kawasaki Heavy Industries Ltd.
- KUKA AG (Midea Group)
- Mitsubishi Electric Corporation
- OMRON Corporation
- Seiko Epson Corporation
- Stäubli International AG
- Yaskawa Electric Corporation.
Robotics Technology Market Report Segmentation:
By Component:
- Hardware
- Software
- Services
Hardware represents the largest segment due to the significant investment required for robotic machinery, sensors, and control systems, which form the essential physical foundation of robotics.
By Robot Type:
- Traditional Industrial Robots
- Cobots
- Professional Service Robots
- Others
Traditional industrial robots account for the majority of the market share because of their extensive use in automated manufacturing processes, particularly in automotive and electronics industries.
By Application:
- Manufacturing
- Healthcare
- Aerospace and Defence
- Media and Entertainment
- Logistics
- Others
On the basis of the application, the market has been divided into manufacturing, healthcare, aerospace and defense, media and entertainment, logistics, and others.
Regional Insights:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Asia Pacific’s dominance in the robotics technology market is attributed to high concentration of manufacturing hubs, technological advancements, and significant investments in automation.
Global Robotics Technology Market Trends:
Collaborative robots, or cobots, are boosting the market. Unlike traditional robots, cobots work alongside humans. They enhance productivity by complementing human skills. Cobots have advanced sensors and safety features. This allows them to operate safely near people. Industries like manufacturing, logistics, and healthcare adopt cobots for their ability to take on repetitive, demanding tasks. This reduces physical strain on workers. Moreover, cobots are easier to program and deploy. This makes them accessible to small and medium-sized enterprises (SMEs) lacking resources for complex automation. The growing use and acceptance of cobots are expanding robotics applications.
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