Robotics Market Booming Worldwide with Latest Trend and Future Scope by 2029

Robotics market is anticipated to grow at a CAGR of 18.1% during the forecast period. Robot installations across the globe are expected to propel the robotics market during the forecast period. The ongoing trend toward automation and rising next-generation technologies is expected to support market growth. For instance, according to the International Federation of Robotics, sales of industrial robots have reached a strong recovery. A new record of 4,86,800 units was shipped globally in 2021 – an increase of 27% compared to the year 2020. Asia/Australia saw the largest growth in demand installations up 33% reaching 354,500 units. The Americas increased by 27% with 49,400 units sold. The Europe region saw double-digit growth of 15% with 78,000 units installed.

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Robotics Market research report also helps key participants to know whether developing a novel product or service is appealing or not. It also guides by telling the exact position of the firm in the market. It allows testing business ideas and provides tips to make right investment. There are several novel businesses in the market come across various kinds of consumers and this detailed report provides them an ability of understanding how target consumers think and adapt to their requirements. Important market growth related aspects are also discussed in this Robotics Market report.

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  • Market Coverage
  • Market number available for – 2023-2029
  • Base year- 2022
  • Forecast period- 2023-2029
  • Segment Covered- By Source, By Product Type, By Applications
  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others

Market Segmentation

Global Robotics Market by Type

  • Industrial Robots
  • Articulates
  • SCARA
  • Cartesian
  • Collaborative
  • Others (Parallel)
  • Service Robots
  • Logistics
  • Medical
  • Domestics
  • Others (Security, Rescue)

Global Robotics Market by Application

  • Handling
  • Welding & Soldering
  • Assembling & Disassembling
  • Dispensing
  • Processing
  • Others (Inspections & Quality Testing and Die Casting & Molding)

Global Robotics Market by End-Users

  • Manufacturing
  • Food & Beverage
  • Aerospace
  • Healthcare
  • Logistics
  • Others (Military & Defense)

Regional Analysis

  • North America
  • United States
  • Canada
  • Europe
  • UK
  • Germany
  • Italy
  • Spain
  • France
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
  • Rest of the World

Company Profiles 

  • ABB Group
  • Autonox Robotics GmbH
  • AV&R
  • Bastain Solutions LLC
  • Bosch Rexroth AG
  • Denso Corp.
  • Diligent Robotics Inc.
  • Electroimpact Inc.
  • FANUC Corp.
  • General Dynamics Mission Systems, Inc.
  • Gudel Group AG
  • Hyundai Robotics Europe GmbH
  • JH Robotics, Inc.
  • Kuka AG
  • Kawasaki Heavy Industries Ltd.
  • Mayekawa Mfg. Co. Ltd.
  • Mitsubishi Electric Corp.
  • Mtorres Disenos Industriales S.A.U.
  • Nachi-Fujikoshi Corp.
  • Oliver Crispin Robotics Ltd.
  • Omron Corp.
  • Panasonic Corp.
  • Rockwell Automation Inc.
  • Rethink Robotics
  • Schneider Electric
  • Seiko Epson Corp.
  • Staubli International AG
  • Toshiba Corp.
  • Universal Robotics A/S
  • Yaskawa Electric Corp.

The Report Covers

  • Annualized market revenues ($ million) for each market segment.
  • Country-wise analysis of major geographical regions.
  • Key companies operating in the global robotics market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
  • Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
  • Analysis of market-entry and market expansion strategies.
  • Competitive strategies by identifying ‘who-stands-where’ in the market.

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