The global modular robotics market is anticipated to grow at a moderate CAGR of 17.5% during the forecast period. The new product launches by players operating in the global modular robotics market are driving the growth of the global modular robotics market. For instance, in July 2022, Beckhoff introduced the ATRO Modular Robot. The ATRO (Automation Technology for Robotics) system is a modular industrial robot system that allows end users, integrators, and machine builders to create an optimal robot configuration for their application. The system is comprised of standardized motor modules with integrated drive functionality, link modules of various designs and lengths, and the TwinCAT control platform. With these components, users can create robotic systems ranging from 1-axis rotary indexing tables and 3-axis delta robots to 6- and 7-axis articulated robots.
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The incorporation of industry 4.0 supports physical production and operations with smart digital technology manufacturing, machine learning, and data analytics which is accelerating the growth of the market during the forecast period. For instance, in June 2022, the Tamil Nadu government (India) launched a series of initiatives to support the state to become a $1 trillion economy by 2030, with a contribution of around $250 billion by the manufacturing sector. The Centre will provide a dedicated IT engineering ecosystem to support the micro small and medium enterprises (MSME) sector and students across Tamil Nadu. Further, it will support the growth of various industries such as aerospace, defense, automotive and electric vehicles. The government will equip the latest technologies such as a 3D experience platform for up-skilling and facilitating future-ready innovations regarding the modular robotics market.
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- Market Coverage
- Market number available for – 2025-2031
- Base year- 2025
- Forecast period- 2025-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Global Modular Robotics Market Report by Segment
By Robot Type
- Articulated Modular Robots
- SCARA Modular Robots
- Collaborative Modular Robots
By End-User Industry
- Automotive
- Electrical & Electronics
- Plastic
- Rubber
- Chemicals
Global Modular Robotics Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global modular 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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