Report Highlights
The global market for industrial robotics should grow from $60.0 billion in 2018 to reach $122.4 billion by 2023 at a compound annual growth rate (CAGR) of 15.3% for the period of 2018-2023.
Report Includes
- 87 data tables
- A broad overview of the global markets for industrial robotics that serve different purposes in industry
- Analyses of the global market trends with data from 2017, estimates for 2018, and projections of compound annual growth rates (CAGRs) through 2023
- Country specific data and analysis for United States, Canada, Mexico, Japan, China, India, France, Germany, U.K., Italy, Spain and Middle East and Africa
- International regulations for effective usage of industrial robotics
- Assessment of the technological advancements, safety regulations, current trends and impact analysis that affect the global market
- Company profiles of the major manufacturers and suppliers of industrial robotics, including ABB Group, Fanuc Corp., Kawasaki Heavy Industries, Ltd., Kuka AG and Yaskawa Electric Corp.
Report Scope
This research report categorizes the industrial robotics market by type. Product types include Motor Vehicles, electrical and electronics manufacturing, machinery manufacturing plastics and rubber products manufacturing, food and beverages and others.
Analyst Credentials
BCC Research analysts craft reference reports with a unique end noted referencing methodology, which allows users to cross reference and trace market numbers back to their source. These individuals are experts in secondary research and primary forecasting - compiling and layering existing data with their original research and analysis. The team has decades of combined experience covering a wide range of industries, including healthcare, advanced materials and emerging technologies.
Related Reports
Robotics: Technologies and Global Markets
The global market for robotics was valued at $67.9 billion in 2023. The market is expected to grow from $78.4 billion in 2024 to $165.2 billion by the end of 2029, at a compound annual growth rate (CAGR) of 16.1% from 2024 to 2029.
Global Robotic Process Automation Market: Trends and Forecast (2022-2027)
The global market for robotic process automation (RPA) is estimated to increase from $3.2 billion in 2022 to reach $15.3 billion by 2027, at a compound annual growth rate (CAGR) of 36.8% during the forecast period of 2022 through 2027.
Sensors for Robotics: Technologies and Global Markets
The global market for robotic sensors should grow from $668.2 million in 2020 to $1.0 billion by 2025, at a compound annual growth rate (CAGR) of 9.4% for the period of 2020-2025.
Smart Robotics in Manufacturing: Global Markets to 2022
The global market for smart robotics in manufacturing should reach $1.9 billion by 2022 from $912 million in 2017 at a compound annual growth rate (CAGR) of 15.8% from 2017 to 2022.
Recent Reports
Global Digital Twin Market
The global market for digital twins was valued at $11.5 billion in 2023. The market is expected to grow from $18.2 billion in 2024 to $119.3 billion by the end of 2029, at a compound annual growth rate (CAGR) of 45.7% from 2024 to 2029.
Robotics: Technologies and Global Markets
The global market for robotics was valued at $67.9 billion in 2023. The market is expected to grow from $78.4 billion in 2024 to $165.2 billion by the end of 2029, at a compound annual growth rate (CAGR) of 16.1% from 2024 to 2029.
Heating, Ventilation and Air Conditioning: Global Markets
The global market for heating, ventilation, and air conditioning (HVAC) is expected to grow from $263.6 billion in 2023 and is projected to reach $346.7 billion by the end of 2028, at a compound annual growth rate (CAGR) of 5.6% during the forecast period of 2023 to 2028.
Industrial Furnaces: Global Markets
The global market for industrial furnaces is expected to grow from $11.8 billion in 2023 to $14.7 billion by the end of 2028, at a compound annual growth rate (CAGR) of 4.5% from 2023 through 2028.
Smart Parking Technologies and Global Markets
The global market for smart parking technologies is expected to increase from $38.7 billion in 2023 to $88.8 billion by the end of 2028, with a compound annual growth rate (CAGR) of 18.1% during the forecast period of 2023-2028.
Top Trending Reports
AI in Clinical and Molecular Diagnostics Market
The global market for AI in clinical and molecular diagnostics is expected to grow from $2.6 billion in 2024 and is projected to reach $8.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 27.6% during the forecast period of 2024 to 2029.
Point-of-Care Diagnostics: Technologies and Global Markets
The global market for point-of-care diagnostics was valued at $36.9 billion in 2023. It is expected to grow from $40.6 billion in 2024 to $65.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 10.2% from 2024 through 2029.
Medical Devices: Technologies and Global Markets
The global market for medical devices reached $739.6 billion in 2023. It is expected to grow from $810.4 billion in 2024 to $1.3 trillion by the end of 2029, at a compound annual growth rate (CAGR) of 9.8% from 2024 through 2029.
CRISPR Technology: Global Markets
The global market for CRISPR technology was valued at $3.4 billion in 2023. This market is expected to grow from $3.8 billion in 2024 to $7.5 billion by the end of 2029, at a compound annual growth rate (CAGR) of 14.4% from 2024 to 2029.
Global Artificial Intelligence (AI) Market: Investments vs Potential
The global market for artificial intelligence (AI) is estimated to increase from $148.8 billion in 2023 to reach $1.1 trillion by 2029, at a compound annual growth rate (CAGR) of 39.7% from 2024 through 2029.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More