Global Industrial Robotics Market is Estimated to Reach $79 Billion by 2025, Says Accurize Market Research


Global Industrial Robotics Market is Estimated to Reach $79 Billion by 2025, Says Accurize Market Research

Global Industrial Robotics Market report published by Accurize Market Research forecast that the global market is expected to reach $79 billion by 2025; growing at a CAGR of 9.3% from 2017 to 2025. By geography, Asia Pacific and RoW are expected to grow at a CAGR of 9.9% and 9.2%, respectively, during the forecast period.

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Increased demand for automation activities to drive the industrial robotics market

High practice of industrial robotics in the manufacturing industry, rise in demand for automation activities in various industries, evolving robotics & artificial intelligence (AI) industry, and reduction in custom duties are the major characteristics boosting the growth of global industrial robotics market. Though, the high expense of industrial robotics solutions may hamper the growth of the market. Moreover, introduction of new technologies have increased competition in the market, and growing demand for automation in non-conventional sectors, such as micro-electronics are expected to equally influence the overall growth of the market in the forecasted period.


The global industrial robotics market is segmented on the basis of type, industry vertical, function, and geography. The market classified on the basis of type segment includes articulate, SCARA, cartesian, cylindrical, and others. By industry vertical segment, the market is further classified into automotive, machinery, metals, electrical & electronics, food & beverages, chemical, rubber & plastics, precision & optics, and others. The market bifurcated by function comprise soldering & welding, materials handling, painting & dispensing, assembling & dissembling, milling, cutting & processing, and others.

Geographically, North America, Europe, Asia-Pacific, and Rest of the World (RoW) are considered as the major segments in the global industrials robotics market.

"Articulated robots accounted for the largest market share in the type segment", says Accurize

Articulated robots dominated the type segment in 2017.This was possible due to the increased usage of robots currently in emerging industries such as packaging and healthcare sectors. In the industry segment, automotive dominated the industry segment and food & beverage is to grow at fastest CAGR during the forecast period. Material handling is the largest segment by function due to its increasing demand over diversified industries such as packaging, electronics, where the market for robot is still at nascent stage.

"Asia-Pacific dominated the global market with the highest market share over the forecast period", says Accurize

Asia-Pacific dominated the market in 2017, with the largest share of 52% due to the heavy investment in research & development. While, North America accounted for the second largest market share with 22% in 2017. In terms of growth Asia-Pacific is anticipated to grow at the fastest CAGR, during the forecasted period 2017-2025, driven by rapid growth in automation demands coupled with reduction of duties on refurbished goods.

Top players in the market

Major players operating in the market include Epson America, Inc., Kawasaki Heavy Industrials Ltd., Denso Corporation, Diahen Corporation, Mitsubishi Electric Corporation, Panasonic Corporation, Yaskawa Electric Corporation, KUKA Robotics Corporation, and Fanuc Ltd, Universal Robotics, among others.

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