Industrial Robotics Market Size - By Product (Articulated, SCARA, Gantry, Cartesian, Parallel, Cylindrical, Collaborative), By End-Use - Global Forecast 2023 - 2032

Industrial Robotics Market Size - By Product (Articulated, SCARA, Gantry, Cartesian, Parallel, Cylindrical, Collaborative), By End-Use - Global Forecast 2023 - 2032

Global Industrial Robotics Market will witness over 12% CAGR between 2023 and 2032, propelled by increasing approvals for products from leading companies. As key players obtain approvals for their innovative robotic solutions, industries embrace automation to enhance efficiency and productivity. For instance, in October 2023, Mitsubishi Electric joined a select group of manufacturers by obtaining third-party certification for electrostatic discharge (ESD) protection in its MELFA industrial robot series. The certification encompasses various models, including the MELFA FR vertical and horizontal robots with a 20kg payload capacity, along with the RV-5AS-D-ESD industrial collaborative robot. This achievement involves applying specialized paint to non-loadbearing plastic components, ensuring the entire robot arm is grounded, and effectively mitigating the risk of ESD buildup.

This trend reflects a strategic shift towards advanced manufacturing processes. With industrial giants adopting robotic technologies, the industrial robotics market demand is witnessing substantial growth, signaling a transformative era in manufacturing, where innovative robotics play a pivotal role in shaping the future of industrial production.

The overall Industrial Robotics Market is classified based on product, end-use, and region.

Cartesian robots/gantry robots segment will garner lucrative gains from 2023 to 2032. Known for their precision and versatility, these robots are finding extensive applications in manufacturing and automation. As industries seek efficient and customizable solutions, the demand for Cartesian robots continues to grow, underscoring their pivotal role in the industrial robotics market growth.

Metal and machinery segment will register a noteworthy CAGR from 2023 to 2032. In metal fabrication and machinery manufacturing, robotic systems enhance efficiency, precision, and safety. With increasing automation adoption, the industrial robotics market share in this sector is on the rise, reflecting a strategic shift towards advanced manufacturing processes and the optimization of production capabilities in metalworking and machinery industries.

North America industrial robotics market will showcase an appreciable CAGR from 2023 to 2032. As industries in the region prioritize automation for enhanced productivity, safety, and efficiency, there's a growing adoption of industrial robotics.

The advanced manufacturing landscape and a focus on technological innovation contribute to the escalating demand, positioning North America as a key market for industrial robotics solutions across diverse sectors. Additionally, the rising number of research and educational institutes using industrial robotics supports the market in the region. For instance, in October 2023, it was announced that the newest addition to Mill 19, Carnegie Mellon University's Manufacturing Futures Institute (MFI), was a versatile robotic test bed featuring four industrial robot arms on six axes with various sensors situated around a worktable on the second-floor mezzanine of MFI's Mill 19 Building A location.