Industrial Robots Market – By Robot Type , By Payload Capacity , By Application , By End Use Industry , By Geography - Opportunity Analysis & Industry Forecast, 2025-2031

Industrial Robots Market Overview:

The Industrial Robots Market size is estimated to reach $59 Billion by 2031, growing at a CAGR of 16.1% during the forecast period 2025-2031. The industrial robot market is driven by increasing demand for automation and robotics fueled by the need to address labor shortages, enhance worker safety and improve efficiency across various industrial sectors. Additionally, robotic automation ensures stable processes, higher production yields and lower rejects ultimately leading to high-quality products. The increased efficiency in production minimizes energy and resource consumption aligns with SDG 12 (rnsure sustainable consumption and production patterns). The emergence of 5G enabled robots is a recent trend which is driving the growth of the industrial robots market. For instance, in January 2025, California-based robotics company Figure AI unveiled a plan to manufacture 100,000 humanoid robots over the next four years, utilising AI technology and partnerships with BMW, OpenAI and Microsoft. Additionally, the integration of autonomous robotic systems and advanced communication networks is transforming global manufacturing by decentralizing production. 

Market Snapshot :

Industrial Robots Market - Report Coverage:

The “Industrial Robots Market Report - Forecast (2025-2031)” by IndustryARC, covers an in-depth analysis of the following segments in the Industrial Robots Market.

Key Takeaways:

Asia-Pacific Leads the Market 

Asia-Pacific occupied the largest share in the market in 2024. According to World Robotics 2024 Report by International Federation of Robotics (IFR), in India, robot installations increased by 59% to 8,510 units in 2023 a new high. Demand from the automotive industry soared to 3,551 units, an increase of 139%. Both car manufacturers and suppliers contributed to this development. Robots are essential for tasks like painting, machining, welding and joining in the automotive industry. Also as per the IFR, the 276,288 industrial robots installed in China in 2023 represented 51% of the global installations. In January 2024, the Korean government announced the 4th Basic Plan on Intelligent Robots which will run until 2028 with an investment of $128 million to support the development of the robotics industry as a core industry for the Fourth Industrial Revolution, as well as innovation in manufacturing and services. As a result, APAC dominates the industrial robotics market. 

Articulated Robots is the Largest Segment

The Articulated Robots segment held the largest market share in 2024. Articulated robots are available with payload capacities suitable for a wide range of applications, from handling lightweight items to manipulating extremely heavy loads. For instance, in October 2024, Mitsubishi Electric Automation Inc. launched the MELFA RV-12CRL, a new factory robot arm with the largest reach in its Low-Cost Robot Series. The vertically articulated robot features a 4.9-foot grab span and can lift 26 pounds, making it ideal for machine tending, case packing, and pick-and-place applications. It follows the RV-8CRL, which has a 2.9-foot reach and 17-pound lifting capacity. The RV-12CRL is equipped with 2D and 3D vision sensors and force sensors, enabling it to handle complex tasks previously beyond automation's capabilities. Such technological advancements are expanding the capabilities of articulated robots, which is propelling the market growth. 

Automotive is the Largest Segment  

Automotive industry held the largest market share in 2024. Robots used in modern auto manufacturing increase productivity and ensure consistency in component assembly. Robotic systems provide uniform, higher quality finishes that increase durability and aesthetics while assuring worker safety. In March 2024, Mercedes-Benz partnered with Apptronik to deploy Apollo humanoid robots in its manufacturing facilities. The collaboration aims to explore the robots’ use in logistics, particularly for delivering parts to assembly line workers. These robots will help automate physically demanding, repetitive, and hazardous tasks, improving workplace safety and efficiency. Additionally, they will assist in addressing labor shortages by taking on less desirable tasks. Such factors are driving the growth of the automotive segment in the Industrial Robots market globally. 

Rise in Adoption of Robots Drives Market

The rise in adoption of robots in several sectors such as automotive, construction, electronics and chemicals are driving the growth of the Industrial Robots market significantly. For instance, as per the World Robotics report 2024, recorded 4,281,585 units operating in factories worldwide, an increase of 10%. Annual installations exceeded half a million units for the third consecutive year. By region, 70% of all newly deployed robots 2023 were installed in Asia, 17% in Europe and 10% in the Americas. Additionally, rising labor shortages and work place safety concerns & regulations are pushing industries towards automation, reinforcing industrial robots' role in enhancing productivity, precision, and operational efficiency globally. 

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Key Market Players: 

Product/Service launches, approvals, patents and events, acquisitions, partnerships, and collaborations are key strategies adopted by players in the Industrial Robots Market. The top 10 companies in this industry are listed below:     

1. ABB Ltd.
2.  FANUC Corporation 
3. KUKA AG 
4. YASKAWA ELECTRIC CORPORATION 
5. Mitsubishi Electric Corporation 
6. Kawasaki Heavy Industries, Ltd. 
7. DENSO Robotics 
8. NACHI-FUJIKOSHI CORP.  
9. Seiko Epson Corporation 
10. Omron Corporation  

Scope of the Report: 

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