Industrial Robotics Market to be worth US$ 96.82 Billion by the year 2028 - Comprehensive Research Report by FMI

Industrial Robotics Market Growth, Trends, Covid-19 Impact, And Forecasts (2022 - 2028)

Valley Cottage, New York, UNITED STATES

DUBAI, United Arab Emirates, Feb. 23, 2022 (GLOBE NEWSWIRE) -- The global Industrial Robotics Market is estimated to surpass US$ 96.82 Bn by the end of 2028. A new market research report by Future Market Insights on the Industrial Robotics Market includes global industry analysis 2014–2018 and opportunity assessment 2022–2029. The report investigates the industrial robotics market and provides critical insights for the forecast period of 2022-2029.

Industrial Robotics Market Estimated Size in 2022US$ 33.75 Bn
Industrial Robotics Market Projected Size in 2028US$ 96.82 Bn
Industrial Robotics Market Historical CAGR (2013-2021)12.7%
Industrial Robotics Market Value-based CAGR (2022-2028)19.2%

Request a report sample to gain comprehensive insights at

As per the findings of the report, the global industrial robotics market is projected to indicate substantial growth over the forecast period due to multiple driving factors such as adoption of Internet of Things (IoT) in industries and growing digitalization of manufacturing industry across geographies.

The global industrial robotics market was valued at ~US$ 17 Bn in 2018 and is estimated to increase at a CAGR of ~18% between the forecast periods of 2019 and 2029. This growth is driven by the increasing applications of industrial robotics in the automotive industry, electrical/electronics industry, and auxiliary industry, among others.

Furthermore, macroeconomic factors such as growing population, rapid industrialization, and urbanization, are some of the factors driving the growth of the industrial robotics market. The automotive industry in East Asia has gained a considerably positive momentum over the past years, which has increased the adoption SCARA robots and articulated robots in the manufacturing process and is estimated to indicate the rewarding growth of industrial robotics market in the East Asia region.

Automotive Industry to Remain Key End-use Industry of Industrial Robotics

The global market of industrial robotics has been segmented on the basis of different types of industrial robots, their multiple applications, end use industries, and regions such as North America, South Asia, Europe, East Asia, and the Rest of the World.

For any Queries Related with the Report, Ask an Analyst@

Scope of the Report

Forecast Period2022-2028
Historical Data Available for2013-2021
Market AnalysisUS$ Bn for Value
Key Regions CoveredNorth America, Europe, South Asia, East Asia, and Rest of the World
Key Countries CoveredThe U.S., Canada, Germany, the U.K., France, Italy, Spain, Poland, Russia, China, Japan, South Korea, India, Thailand, Malaysia, Vietnam, Indonesia, Australia, New Zealand, GCC Countries, Turkey, Northern Africa, South Africa
Key Segments CoveredProduct Type, Application, End Use, and Region
Key Companies Profiled• Yaskawa Electric Corporation

• FANUC Corporation

• Kawasaki Heavy Industries Ltd

• Kuka AG

• Mitsubishi Electric

• Teradyne Inc. (Universal Robots)

• ABB Ltd.

• Yamaha Motor Co., Ltd.

• Hirata, Corporation

• Denso Wave Incorporated

• Toshiba Machine Co. Ltd.

• OMRON Corporation

• Others
Report CoverageMarket Forecast, brand share analysis, competition intelligence, DROT analysis, Market Dynamics and Challenges, Strategic Growth Initiatives

By product type, the articulated robots segment is estimated to hold a significant share of the global industrial robotics market in terms of value. This has mainly resulted from the rising productivity in manufacturing processes and improving quality of products. On the basis of end use, the automotive industry is estimated to hold substantial market share of the industrial robotics market in terms of value. This is driven by digitalization of manufacturing processes. Moreover, it is expected that the application of industrial robotics in the electrical/electronics industry will be prominent throughout the forecast period.

On the basis of application, the handling operations segment is projected to consume majority share of the global industrial robotics market value. Also, the welding segment is estimated to project lucrative growth in the industrial robotics market over the forecast period.

We Offer tailor-made Solutions to fit Your Requirements, Request Customization @

Industrial Robotics Market: Vendor Insights
The report indicates some of the prominent market players, who are recognized as leaders in the global industrial robotics market. These key market players in the global industrial robotics market are Yaskawa Electric Corporation, FANUC Corporation, Kawasaki Heavy Industries Ltd, Kuka AG, Mitsubishi Electric, Teradyne Inc. (Universal Robots), ABB Ltd., Yamaha Motor Co., Ltd., Hirata, Corporation, and Denso Wave Incorporated, among others.

Explore FMI’s Extensive ongoing Coverage on Industrial Automation Domain 

Dispensing Robots Market - Dispensing Robots offer numerous benefits and superior control over fluid placements, placements of arcs, beads, repeated timed dot, and among others. Dispensing robots are extensively used for fluid dispensing purposes.

Micro Robots Market - This Micro Robots market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape.

Modular Robotics Market - Modular robotic systems are composed of many independent, autonomous, and programmable modules that are physically connected to each other. Modular robots are referred to as re-configurable robots, as they are capable of changing their configuration according to the environmental conditions.

Metal Fabrication Robots Market - This Metal Fabrication Robots market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape.

Therapeutic Robots Market - This Therapeutic Robots market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape.

Robot Label Applicators Market - This Robot Label Applicators market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape.

Robotic Flat Cable Market - Industrial robots are a programmable mechanical device used in place of a human to perform the crucial or repetitive tasks with a high degree of accuracy. These consist of cables, intricate systems to the small parts, guarding, grippers, and components.

Painting Robots Market - Global painting robots market to exhibit year-on-year (YoY) growth of 8.3% to total US$ 2.9 Bn in 2021. As per the study, the demand for robotic arms will increase by 8.8% CAGR between 2021 and 2031

Delta Robots Market - Delta robots are a type of parallel robots, having three arms attached to a joint at the base. These robots are also called spiders owing to their agility and spider-like arms. Delta robots are frequently used in picking and packaging applications in various factories.

Automotive Robotic Painting Market - Increasing industrial plan such as industry 4.0 coupled with increasing labor cost is projected to ramp up the global automotive robotic painting market over the slated time period.

About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.


Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries:
For Media Enquiries:
Press Release Source: