Robotics Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Component (Hardware, Software), By Type (Articulated, Cartesian, SCARA, Cylindrical, Others), By Application (Disinfection, Shelf Scanning, RFID Scanning, Delivery, Security & Inspection), By Industry Vertical (Manufacturing, Automotive, Retail, Healthcare, Electronics, Others), By Region and Competition 2021-2031F

Forecast Period	2027-2031
Market Size (2025)	USD 68.56 Billion
CAGR (2026-2031)	9.95%
Fastest Growing Segment	Software
Largest Market	North America
Market Size (2031)	USD 121.13 Billion

Market Overview

The Global Robotics Market will grow from USD 68.56 Billion in 2025 to USD 121.13 Billion by 2031 at a 9.95% CAGR. The Global Robotics Market encompasses the engineering, manufacturing, and deployment of programmable automated systems designed to perform tasks with varying degrees of autonomy. Key drivers propelling this market include the critical need to mitigate global labor shortages, the demand for enhanced operational efficiency, and the strict requirement to ensure worker safety in hazardous environments. These structural necessities are distinct from temporary technological trends and fundamentally support the industry's upward trajectory. According to the International Federation of Robotics, in 2024, a total of 542,000 industrial robots were installed worldwide.

Despite these favorable conditions, the market faces a substantial challenge in the form of high initial capital expenditures required for deployment. The significant costs associated with purchasing robotic hardware, combined with expenses for integration, programming, and specialized personnel training, can be prohibitive for small and medium enterprises. This financial barrier often delays the return on investment and restricts the technology's accessibility to resource-constrained organizations, thereby serving as a significant impediment to the broader expansion of the robotics sector.

Key Market Drivers

The integration of Artificial Intelligence (AI) and Advanced Machine Learning is fundamentally reshaping the Global Robotics Market by transitioning systems from static execution to adaptive, cognitive autonomy. This technological shift enables automated units to optimize workflows in real-time and navigate unstructured environments, significantly expanding their applicability beyond traditional manufacturing sectors. The urgency of this adoption is highlighted by recent industry data; according to Rockwell Automation, March 2024, in the '9th Annual State of Smart Manufacturing Report', 83% of manufacturers anticipate using Generative AI in their operations in 2024. This influx of intelligent capabilities allows for the deployment of self-correcting robotic fleets, directly addressing the demand for enhanced operational efficiency in complex, variable settings.

Simultaneously, escalating global labor costs and critical workforce shortages act as the primary structural catalyst, compelling industries to adopt automation as a necessary measure for business continuity. As demographic shifts shrink the available talent pool, organizations are increasingly reliant on robotics to maintain production output. This pressure is acute; according to the National Association of Manufacturers, March 2024, in the 'Manufacturers’ Outlook Survey First Quarter 2024', more than 65% of industrial respondents cited the inability to attract and retain employees as their top primary challenge. This workforce deficit has accelerated the global accumulation of automated assets. Consequently, according to the International Federation of Robotics, September 2024, in the 'World Robotics 2024' report, the operational stock of industrial robots in factories worldwide reached a record 4,281,585 units.

Download Free Sample Report

Key Market Challenges

The high initial capital expenditures required for deployment constitute a formidable barrier hampering the growth of the Global Robotics Market. This financial challenge extends beyond the standalone cost of robotic hardware to encompass significant expenses for systems integration, peripheral safety equipment, and the training of specialized personnel. For small and medium-sized enterprises, these cumulative upfront costs often exceed available liquidity, effectively locking them out of automation opportunities despite the clear long-term operational advantages. Consequently, the high threshold for investment delays the return on investment and forces many budget-constrained organizations to defer modernization initiatives.

The restrictive impact of these capital demands is evident in market performance when investment climates tighten. The inability to secure affordable capital for such intensive projects leads to immediate contractions in procurement. According to the Association for Advancing Automation, in the first half of 2024, robot orders in North America decreased by approximately 8 percent compared to the same period in the previous year. This decline underscores how financial barriers directly impede market momentum, preventing the sector from realizing its full expansion potential.

Key Market Trends

The commercialization and pilot testing of general-purpose humanoid robots represents a major evolution in hardware form factors, transitioning units from research labs to functional deployment in industrial facilities. This trend targets the automation of tasks within human-centric infrastructures, allowing bi-pedal machines to operate in existing environments without requiring costly physical retrofits. The momentum behind this development is underscored by substantial capital injection into leading developers to scale manufacturing capabilities. According to Figure AI, February 2024, in the 'Figure Raises $675M at $2.6B Valuation' press release, the company secured $675 million in funding to accelerate the timeline for bringing its humanoid workers to commercial markets.

Concurrently, the widespread deployment of Autonomous Mobile Robots (AMRs) in intralogistics is reshaping supply chain fulfillment strategies. Moving beyond fixed-path navigation, these systems utilize advanced mapping to dynamically transport goods in unstructured warehouse environments, significantly increasing throughput for e-commerce operators. The operational scale of this technology has reached unprecedented levels as retailers prioritize speed and accuracy. According to Locus Robotics, May 2024, in a company announcement, their global fleet of AMRs surpassed the 3 billion units picked milestone, demonstrating the critical volume of tasks now managed by mobile robotic fleets in real-world logistics operations.

Segmental Insights

The software segment currently represents the fastest expanding category within the global robotics industry. This rapid development is driven by the increasing integration of artificial intelligence and machine learning, which allows machines to perform autonomous decision making. As industrial sectors prioritize digital transformation, there is a heightened demand for programming interfaces that facilitate predictive maintenance and remote fleet management. Consequently, manufacturers are focusing on developing control systems that enhance interoperability between machines and humans. This shift highlights a market evolution where value is increasingly derived from intelligent operational capabilities rather than hardware alone.

Regional Insights

North America maintains a dominant position in the global robotics market due to the widespread adoption of automation across the automotive and manufacturing sectors. The United States drives this growth through substantial investments in research and development supported by government agencies and private enterprises. Organizations such as the Association for Advancing Automation play a critical role in establishing standards that facilitate industrial integration. Furthermore, the strong presence of major technology corporations accelerates the application of robotics in logistics and healthcare, ensuring the region remains a central hub for market development.

Recent Developments

• In April 2024, Boston Dynamics launched a fully electric version of its Atlas humanoid robot, marking a significant transition from its previous hydraulic research platform to a commercial product. The newly introduced robot was designed with a broader range of motion and increased strength to perform dull, dirty, and dangerous tasks in real-world applications. The company announced that the electric Atlas would initially be tested in partnership with automotive manufacturer Hyundai to refine its capabilities in factory settings. This launch represented a major step toward the mass commercialization of mobile humanoid robots for industrial use.
• In March 2024, NVIDIA unveiled Project GR00T, a general-purpose foundation model designed to drive breakthroughs in humanoid robotics and embodied artificial intelligence. This initiative was introduced alongside a new computing platform, Jetson Thor, which was specifically engineered to perform complex tasks and interact naturally with humans. The project aimed to enable robots to understand multimodal instructions, including language and video, and to learn skills through observation. The company highlighted that these developments would support a broad ecosystem of robot manufacturers by providing a standardized platform for developing intelligent humanoid systems.
• In February 2024, Figure AI secured $675 million in Series B funding at a valuation of $2.6 billion to accelerate the commercial deployment of general-purpose humanoid robots. The investment round included participation from major technology entities such as Microsoft, the OpenAI Startup Fund, and NVIDIA. Concurrently, the company entered a collaboration agreement with OpenAI to develop next-generation artificial intelligence models specifically for humanoid hardware. This partnership focused on enhancing the robots' ability to process and reason from language, leveraging OpenAI's research to expand the capabilities of the company's humanoid robot, Figure 01.
• In January 2024, ABB announced the acquisition of Sevensense, a Swiss start-up specializing in AI-enabled 3D vision navigation technology for autonomous mobile robots (AMRs). This strategic move aimed to bolster the company's leadership in next-generation artificial intelligence robotics. By integrating Sevensense’s Visual Simultaneous Localization and Mapping (Visual SLAM) technology into its portfolio, the company intended to transform mobile robots into more autonomous devices capable of navigating dynamic environments with greater speed and accuracy. The President of the company's Robotics Division stated that this acquisition would address customers' needs for flexibility amidst labor shortages.

Key Market Players

• ABB
• Blue Ocean Robotics
• Brain Corporation
• Dematic
• DJI
• Fanuc
• Honeywell International
• Intuitive Surgical Operations
• iRobot
• Kawasaki

By Component	By Type	By Application	By Industry Vertical	By Region
Hardware Software	Articulated Cartesian SCARA Cylindrical Others	Disinfection Shelf Scanning RFID Scanning Delivery Security & Inspection	Manufacturing Automotive Retail Healthcare Electronics Others	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Robotics Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Robotics Market, By Component:

• Hardware
• Software

• Robotics Market, By Type:

• Articulated
• Cartesian
• SCARA
• Cylindrical
• Others

• Robotics Market, By Application:

• Disinfection
• Shelf Scanning
• RFID Scanning
• Delivery
• Security & Inspection

• Robotics Market, By Industry Vertical:

• Manufacturing
• Automotive
• Retail
• Healthcare
• Electronics
• Others

• Robotics Market, By Region:

• North America
• United States
• Canada
• Mexico
• Europe
• France
• United Kingdom
• Italy
• Germany
• Spain
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• South America
• Brazil
• Argentina
• Colombia
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE