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Global Robotics Technology Market Size, Share, Report: By Component: Hardware, Software, Services; By Robot Type: Traditional Industrial Robots, Cobots, Professional Service Robots, Others; By Application: Manufacturing, Healthcare, Aerospace and Defence, Media and Entertainment, Others; Regional Analysis; Competitive Landscape; 2024-2032
Robotics Technology Market Share
Based on application, the healthcare segment is predicted to hold a significant robotics technology market share during the forecast period. In the healthcare sector, robots are employed for various applications such as diagnostics, surgery, physical and mental therapy, and patient care, among others.
This is expected to drive the growth of the segment in the forecast period. Meanwhile, the applications of service robots in the logistic industry are predicted to witness a considerable growth in the forecast period. The rising e-commerce industry is the primary growth driver for the demand for robotics technology in the logistics industry which will further increase the robotics technology industry revenue.
Robotics Technology Market Report Snapshots
Robotics Technology Market Size
Robotics Technology Market Growth
Robotics Technology Market Share
Robotics Technology Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Robotics Technology Market Analysis
8.1 Key Industry Highlights
8.2 Global Robotics Technology Historical Market (2018-2023)
8.3 Global Robotics Technology Market Forecast (2024-2032)
8.4 Global Robotics Technology Market by Component
8.4.1 Hardware
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Software
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Services
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.5 Global Robotics Technology Market by Robot Type
8.5.1 Traditional Industrial Robots
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Cobots
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Professional Service Robots
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Others
8.6 Global Robotics Technology Market by Application
8.6.1 Manufacturing
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Healthcare
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Aerospace and Defence
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Media and Entertainment
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Logistics
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
8.6.6 Others
8.7 Global Robotics Technology Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Robotics Technology Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Robotics Technology Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Robotics Technology Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Robotics Technology Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Robotics Technology Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 ABB Ltd.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 DENSO Corporation
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 FANUC America Corporation
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Kawasaki Heavy Industries, Ltd.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 KUKA Aktiengesellschaft
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Mitsubishi Electric Corporation
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Omron Corporation
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Robotics Technology Market: Key Industry Highlights, 2018 and 2032
2. Global Robotics Technology Historical Market: Breakup by Component (USD Billion), 2018-2023
3. Global Robotics Technology Market Forecast: Breakup by Component (USD Billion), 2024-2032
4. Global Robotics Technology Historical Market: Breakup by Robot Type (USD Billion), 2018-2023
5. Global Robotics Technology Market Forecast: Breakup by Robot Type (USD Billion), 2024-2032
6. Global Robotics Technology Historical Market: Breakup by Application (USD Billion), 2018-2023
7. Global Robotics Technology Market Forecast: Breakup by Application (USD Billion), 2024-2032
8. Global Robotics Technology Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Global Robotics Technology Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. North America Robotics Technology Historical Market: Breakup by Country (USD Billion), 2018-2023
11. North America Robotics Technology Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Europe Robotics Technology Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Europe Robotics Technology Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Asia Pacific Robotics Technology Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Asia Pacific Robotics Technology Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Latin America Robotics Technology Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Latin America Robotics Technology Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Middle East and Africa Robotics Technology Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Middle East and Africa Robotics Technology Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Global Robotics Technology Market Structure
Key Questions Answered in the Report
In 2023, the global robotics technology market attained a value of nearly USD 106.05 billion.
The market is projected to grow at a CAGR of 14.2% between 2024 and 2032.
The major drivers of the market include the rising utilisation of robotics technology in small and medium-sized enterprises, the increasing attempts to enhance production efficiency in various end-use sectors, and the growing adoption of big data technology and artificial intelligence.
The key trends guiding the market growth include the introduction of Industry 4.0 in various sectors, the robust growth of the e-commerce sector, the shift towards automation, and technological advancements and innovations.
The major regions in the robotics technology market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Software, hardware, and services are the major components in the market.
Traditional industrial robots, cobots, and professional service robots, among others are the major robot types in the market.
The various applications of robotics technology are manufacturing, healthcare, aerospace and defence, media and entertainment, and logistics, among others.
The major players in the market are ABB Ltd., DENSO Corporation, FANUC America Corporation, Kawasaki Heavy Industries, Ltd., KUKA Aktiengesellschaft, Mitsubishi Electric Corporation, and Omron Corporation, among others.
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