Smart Robots Market - Global Industry Size, Share, Trends, Opportunity, and Forecast Segmented By Component (Hardware and Software), By Mobility (Stationary and Mobile), By Application (Automotive, Manufacturing, Electrical & Electronics and Others), By Region, and Competition, 2020-2030F

Market Overview

The Global Smart Robots Market, valued at USD 6.37 Billion in 2024, is projected to experience a CAGR of 30.89% to reach USD 32.03 Billion by 2030. Smart robots are defined as AI-powered, often-mobile machines capable of autonomously executing physical tasks, leveraging machine learning to adapt and refine their operations based on environmental input and experience. The global smart robots market is primarily driven by the escalating demand for automation across diverse industries to enhance efficiency and productivity, coupled with persistent labor shortages and rising labor costs in numerous sectors. Furthermore, continuous advancements in artificial intelligence, machine learning, and sophisticated sensor technologies significantly propel market expansion. According to the International Federation of Robotics (IFR), the global operational stock of industrial robots reached 4,281,585 units in 2023, representing a 10% increase from the prior year, with annual installations totaling 541,302 units.

A significant impediment to widespread market adoption remains the substantial initial investment costs associated with deploying advanced robotic systems. This financial barrier can limit market penetration, particularly for small and medium-sized enterprises.

Key Market Drivers

The global smart robots market is significantly influenced by advanced technological integration, particularly in artificial intelligence, machine learning, the Internet of Things, and sophisticated sensors. These technologies empower robots with greater autonomy, adaptive learning, and enhanced perception, enabling them to perform complex tasks with precision and flexibility across varied environments. This commitment to innovation is exemplified by Ecorobotix, which in October 2025, raised $150 million across Series C and D rounds specifically for its Plant-by-Plant AI software, designed for precision agricultural spraying. Concurrently, increasing demand for industrial and commercial automation is a paramount factor, driven by the persistent need for operational efficiency, heightened productivity, and solutions to prevailing labor shortages. Industries globally are adopting smart robots to streamline processes and reallocate human capital. The expansion of automation into new sectors beyond traditional manufacturing, such as logistics and healthcare, underscores this trend. According to the International Federation of Robotics, in October 2024, sales of professional service robots increased by 30% worldwide in 2023, with over 205,000 units registered, highlighting robust adoption in commercial applications.

This market expansion is further evidenced by substantial investment inflows into the robotics sector. The continued confidence from investors fuels research and development, accelerating the pace of innovation and deployment of advanced robotic systems across diverse applications. According to The Robot Report, in September 2024, robotics companies raised approximately $9.7 billion in investments during the first seven months of 2024, demonstrating a healthy financial landscape supporting market growth and technological advancements. This consistent financial backing is crucial for overcoming development challenges and scaling robotic solutions, ensuring their increasing penetration into industrial and commercial landscapes worldwide.

Download Free Sample Report

Key Market Challenges

The substantial initial investment required for deploying advanced robotic systems presents a significant challenging factor for the global smart robots market. This financial barrier directly impedes market penetration, particularly for small and medium-sized enterprises that often lack the significant capital necessary to acquire and integrate these complex technologies. The considerable upfront expenditure for hardware, software, and specialized installation services can deter potential adopters despite the long-term benefits of automation. This high cost directly restricts the pool of businesses able to invest, thereby slowing the overall expansion of the market.

This economic hurdle contributes to a more cautious approach to automation adoption. According to the International Federation of Robotics (IFR), in 2024, industrial robot installations in the United States decreased by 9 percent to 34,200 units, indicating that even in economically advanced regions, high investment thresholds can limit widespread deployment. This reduction in new installations demonstrates how prohibitive initial costs can lead to constrained market growth and hinder the broader integration of smart robotic solutions across various industries.

Key Market Trends

Human-Robot Collaboration (Cobots) Expansion marks a pivotal market trend, promoting direct interaction between humans and robots in shared workspaces, enhancing operational flexibility. This collaboration optimizes task execution, blending human adaptability with robotic precision. According to the International Federation of Robotics, cobots constituted 10.5% of industrial robots installed globally in 2023, reflecting increasing integration. This rising adoption is exemplified by company performance; Universal Robots reported a Q4 2023 revenue of USD 103 million in February 2024, a 21% increase from Q4 2022, highlighting robust demand for these adaptable systems. Simplified programming and deployment contribute to their growing appeal across industries.

IoT and Cloud-Enhanced Robotics Connectivity is a transformative trend, improving how smart robots communicate, process data, and access remote computing resources. This connectivity enables real-time monitoring, predictive maintenance, and synchronized multi-robot operations, elevating system intelligence and efficiency. A February 2025 survey by Ubisense indicated that 62% of manufacturers integrated IoT technologies into their production processes in 2023, establishing a foundation for connected robotics. Moreover, in July 2024, ABB Robotics launched its Omnicore platform, designed to leverage cloud computing, artificial intelligence, and perception technology for enhanced control and flexibility of industrial robots. These advancements allow robots to extend their capabilities by accessing vast cloud-based knowledge and processing power.

Segmental Insights

The Mobile segment is currently the fastest-growing component within the Global Smart Robots Market, primarily fueled by the substantial expansion of the e-commerce sector and the concurrent demand for advanced warehouse automation. The increasing volume of online retail necessitates highly efficient solutions for tasks such as order fulfillment, material handling, and inventory management, which mobile robots adeptly address. Moreover, pervasive labor shortages and rising operational costs across various industries globally compel businesses to adopt automated systems to enhance productivity and optimize logistics. Ongoing technological advancements in artificial intelligence, sensor capabilities, and navigation further augment the versatility and effectiveness of these robots, solidifying their integral role in modern industrial and commercial environments.

Regional Insights

North America leads the global smart robots market, primarily due to its advanced technological ecosystem and robust research and development infrastructure. The region benefits from significant investments in artificial intelligence and machine learning, fostering the creation of sophisticated robotic solutions. Furthermore, a high adoption rate of automation across diverse industries, including manufacturing, logistics, and healthcare, drives demand. Supportive government policies promoting smart manufacturing and addressing rising labor costs also encourage the integration of smart robots. Regulatory bodies such as the National Institute of Standards and Technology contribute to safety and reliability frameworks, furthering market confidence.

Recent Developments

• In October 2025, Apple expanded its manufacturing operations in Vietnam, collaborating with Chinese company BYD to produce next-generation smart home devices, including an advanced tabletop robot. This strategic partnership aims to diversify Apple's production footprint and accelerate its entry into the smart home market. The tabletop robot, anticipated to launch around 2027, will feature a nine-inch display on a motorized arm, enabling it to move autonomously and adjust angles for user interaction. This development represents a significant step for Apple into the physical AI products segment within the global smart robots market.

• In July 2025, D-Robotics, a subsidiary of Horizon Robotics, announced a major collaboration with several industry partners, including iMotion, Luxshare Precision, SIM Technology, Huaqin Technology, and G-Pulse. The consortium aims to develop advanced robot controllers utilizing D-Robotics' RDK S100 series intelligent computing platform. These controllers are designed for intelligent robots across various sectors, such as industrial, service, and logistics applications. This initiative highlights a concentrated effort to advance the core computational capabilities of smart robots, supporting their enhanced functionality and broader integration into diverse operational environments globally.

• In April 2025, Figure AI's humanoid robot, Figure 01, marked a significant milestone by securing its first corporate employment at a BMW manufacturing facility in the United States. During a two-week pilot program, Figure 01 successfully demonstrated its capabilities by precisely fitting sheet-metal parts into car chassis, a task requiring considerable dexterity. This deployment represents a breakthrough in integrating humanoid smart robots into complex manufacturing processes, showcasing their potential to perform intricate physical tasks on production lines. The successful pilot indicates a growing trend towards advanced automation in industrial settings.

• In January 2024, Samsung showcased a significantly revamped version of its circular household assistant robot, Ballie, at CES. The updated smart robot featured enhanced AI capabilities, expanding its functionality beyond its initial 2020 debut. Ballie demonstrated new abilities such as projecting video content and autonomously managing various home appliances. This product launch underscores the ongoing innovation in consumer-oriented smart robots, focusing on integrating artificial intelligence to provide more comprehensive and interactive smart home assistance. The improvements aim to make the robot a more integral part of daily household management.

Key Market Players

• ABB Ltd
• iRobot Corporation
• Kuka Aktiengesellschaft
• Fanuc Corporation
• Yaskawa Electric Corporation
• Omron Electronics, LLC
• SGBI Inc.
• Kawasaki Heavy Industries, Ltd.

Report Scope:

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

• Smart Robots Market, By Component:

o   Hardware

o   Software

• Smart Robots Market, By Mobility:

o   Stationary

o   Mobile

• Smart Robots Market, By Application:

o   Automotive

o   Manufacturing

o   Electrical & Electronics

o   Others

• Smart Robots Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   Asia Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Smart Robots Market.

Available Customizations:

Global Smart Robots Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Global Smart Robots Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]