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Global Robotics Market, Volume, Size, Global Forecast 2023-2027, Industry Trends, Growth, Share, Outlook, Impact of Inflation, Opportunity Company Analysis

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from $3,990 270 Pages Renub Research November, 2022 RNBR17540061
Best Price Guarantee
Price from $3,990
Length 270 Pages
Publisher Renub Research
Published Date November, 2022
SKU RNBR17540061

Global Robotics Market, Volume, Size, Global Forecast 2023-2027, Industry Trends, Growth, Share, Outlook, Impact of Inflation, Opportunity Company Analysis

Global Robotics Market is projected to grow to US$ 86.20 Billion by 2027 according to Renub Research. Today's stock of robots operating in factories worldwide marks the highest level in history. Robots are now increasingly being adopted for industrial and service applications by professionals. Industrial robotics plays an essential role in modern industrial automation technology. One cannot imagine a transfer to the next manufacturing paradigm without industrial robotics being involved in various production phases. The service robot market comprises many types of robots, most of which can be used for applications in multiple industries.

Around the World, Many government and industry research funding programs have been initiated in recent years. Such programs include the National Robotics Initiative in the US, the SPARC program in the EU, the Robot Revolution Initiative in Japan, the Made in China 2025 program, and the Industries 4.0 program in Germany. Most of these programs are aimed at the larger field of robotics and automation.

Industrial Robots & Service Robots Future Looks Promising

Both industrial and service robots use many robotics technology concepts. Therefore, these programs will undoubtedly significantly affect the development of the robot industry in the future. In addition, recent technological advancements in the robotics industry and AI have led to the introduction of IoRT, which uses devices to fuse sensor data from multiple sources and use intelligence to determine the course of action.

As Robotics Industry 4.0 plays a pivotal role in global manufacturing, The Internet of Robotic Things will help in more efficient and accessible methods for robotic manipulation and grasping in manufacturing functionalities leading to increased use of robotics. As a result, Renub Research expects that Worldwide Robotics Market will grow with double digit CAGR of 15.25% from 2022 to 2027.

According to United Nations by 2050, 16% of the world's population will be over age 65, up from 9% in 2019. Therefore, the aging population is a significant growth factor in deploying robots in assistance applications and domestic healthcare. This will lead to growth in the Service Robotics Market. As per our research findings Global Robotics Industry was US$ 42.4 Billion in 2022.

Regional Analysis: Robotics Industry

The USA is the largest robot user in the Americas, reaching a new operational stock. Most USA robots are imported from Europe, China, and Japan. Asia remains the most robust industrial robots operational stock market for the region's largest adopter. As labour costs are rising in China it is fast increasing the number of robots. India is also not far behind it has doubled the number of robots operating in the country's factories.

Companies are delivering food, and other industries are showing increasing demand. Following this ever-demand, the global growth of food and medication delivery robots will be observed in 2023. This growing demand and supply would also drive the demand for robots supporting last-mile deliveries.

For Instance, in 2020, KUKA signed an agreement with BMW AG to manufacture around 5,000 robots deployed in new production supply lines and factories worldwide. In addition, KUKA worldwide also stated industrial robots production and would be deployed at the BMW Group's international production sites to manufacture the current and future vehicle models.

In 2020, Shanghai SK Automation Technology Co provided intelligent equipment for automotive manufacturers, announced IPO offering on the STAR market, and raised RMB 733.15 Million.

Key Companies Performance

The market key players are expanding their customer base across the world. In addition, the companies are leveraging strategic collaborative initiatives and development towards the new product to increase market revenue.

July 2021 - ASTI Mobile Robotics Group acquired by ABB, which will expand ABB's robotics portfolio & automation offering and make it the only company to operate for the next generation of flexible automation.

April 2021 - Panasonic Corporation introduced a mass-production model of its Walk Training Robot, designed to provide safe and effective walk training for older adults. The company further offers a robot-assisted service to care facilities, hospitals, and other organizations.

Renub Research report titled ""Global Robotics Market, Volume & Forecast, by Type Industrial (Automotive, Electrical & Electronics, Metal, Chemical, Rubber and Plastics, Food), Region (America, (US, Canada, Mexico & Others) Europe (France, Germany, Italy, Spain & Others), Asia (China, India, Japan, Republic of Korea, Thailand and Others) and Rest of the World), Service (Defense, Agriculture, Logistics, Medical, Construction, Mobile Platform, and Inspection), Region (North America, Europe, Asia and Rest of the World), Company (Yaskawa Electric Corporation, iRobot, Intuitive Surgical, Fanuc Corporation, ABB Limited, Stryker Corporation and Panasonic Corporation)"" provides a comprehensive assessment of the fast-evolving, Global Robotics Industry.

Global Robotics Market & Volume is categorizes into two-part.

A. Industrial Robotics Market
B. Service Robotics Market

Industry Robotics – Market and Volume

1. Automotive Industry
2. Electrical & Electronics Industry
3. Metal Industry
4. Chemical, Rubber and Plastics Industry
5. Food Industry
6. Others
7. Unspecified

Service Robotics – Market and Volume

1. Defense
2. Agriculture (Field)
3. Logistic
4. Medical
5. Construction
6. Mobile Platform
7. Inspection

Region - Industry Robotics Market

1. America – United States, Canada, Mexico & Others
2. Europe - France, Germany, Italy, Spain & Others
3. Asia- China, India, Japan, Republic of Korea, Thailand and Others
4. Rest of the World

Region - Service Robotics Market

1. North America
2. Europe
3. Asia
4. Rest of the World

All the companies have been covered from 3 viewpoints

• Overview
• Recent Development
• Sales Analysis

Key Company Analyzed

1. Yaskawa Electric Corporation
2. iRobot
3. Intuitive Surgical
4. Fanuc Corporation
5. ABB Limited
6. Stryker Corporation
7. Panasonic Corporation


1. Introduction
2. Research & Methodology
3. Executive Summary
4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges
5. Global Robotics Market
5.1 Industrial Robotics Market
5.2 Service Robotics Market
6. Global Robotics Volume Analysis
6.1 Industrial Robotics Volume
6.2 Service Robotics Volume
7. Market Share - Global Robotics Market
7.1 By Segment Market Share
7.1.1 Industrial Robotics
7.1.2 Service Robotics
8. Volume Share - Global Robotics market
8.1 By Segment Volume Share
8.1.1 Industrial Robotics
8.1.2 Service Robotics
9. Industrial Robotics – Market & Volume Analysis
9.1 Automotive Industry
9.1.1 Market
9.1.2 Volume
9.2 Electrical & Electronics Industry
9.2.1 Market
9.2.2 Volume
9.3 Metal & Machinery Industry
9.3.1 Market
9.3.2 Volume
9.4 Plastic & Chemical Products
9.4.1 Market
9.4.2 Volume
9.5 Food Industry
9.5.1 Market
9.5.2 Volume
9.6 Others
9.6.1 Market
9.6.2 Volume
10. Region – Industrial Robotics Market
10.1 America
10.1.1 United States
10.1.2 Canada
10.1.3 Mexico
10.1.4 Others
10.2 Europe
10.2.1 France
10.2.2 Germany
10.2.3 Italy
10.2.4 Spain
10.2.5 Others
10.3 Asia & Australia
10.3.1 China
10.3.2 India
10.3.3 Japan
10.3.4 Republic Of Korea
10.3.5 Thailand
10.3.6 Others
10.4 Rest of the World
11. Service Robotics – Market & Volume Analysis
11.1 Transportation & Logistics
11.1.1 Market
11.1.2 Volume
11.2 Professional Cleaning
11.2.1 Market
11.2.2 Volume
11.3 Medical Robotics
11.3.1 Market
11.3.2 Volume
11.4 Hospitality
11.4.1 Market
11.4.2 Volume
11.5 Agriculture & Field
11.5.1 Market
11.5.2 Volume
12. Region - Service Robotics Market & Volume
12.1 North America
12.2 Europe
12.3 Asia
12.4 Rest of the World
13. Company Analysis
13.1 iRobot Corporation
13.1.1 Overview
13.1.2 Recent Development
13.1.3 Financial Insights
13.2 Intuitive Surgical, Inc
13.2.1 Overview
13.2.2 Recent Development
13.2.3 Financial Insights
13.3 Panasonic Corporation
13.3.1 Overview
13.3.2 Recent Development
13.3.3 Financial Insights
13.4 Fanuc
13.4.1 Overview
13.4.2 Recent Development
13.4.3 Financial Insights
13.5 ABB Ltd
13.5.1 Overview
13.5.2 Recent Development
13.5.3 Financial Insights
13.6 Stryker Corporation
13.6.1 Overview
13.6.2 Recent Development
13.6.3 Financial Insights
13.7 Yaskawa Electric Corporation
13.7.1 Overview
13.7.2 Recent Development
13.7.3 Financial Insights
List of Figures:
Figure-01: Global – Robotics Market (Million US$), 2018 – 2022
Figure-02: Global – Forecast for Robotics Market (Million US$), 2023 – 2027
Figure-03: Global – Industrial Robotics Market (Million US$), 2018 – 2022
Figure-04: Global – Forecast for Industrial Robotics Market (Million US$), 2023 – 2027
Figure-05: Global – Service Robotics Market (Million US$), 2018 – 2022
Figure-06: Global – Forecast for Service Robotics Market (Million US$), 2023 – 2027
Figure-07: Global – Robotics Volume (Number), 2018 – 2022
Figure-08: Global – Forecast for Robotics Volume (Number), 2023 – 2027
Figure-09: Global – Industrial Robotics Volume (Number), 2018 – 2022
Figure-10: Global – Forecast for Industrial Robotics Volume (Number), 2023 – 2027
Figure-11: Global – Service Robotics Volume (Number), 2018 – 2022
Figure-12: Global – Forecast for Service Robotics Volume (Number), 2023 – 2027
Figure-13: Global – Industrial Robotics Automotive Industry Market (Million US$), 2018 – 2022
Figure-14: Global – Forecast for Industrial Robotics Automotive Industry Market (Million US$), 2023 – 2027
Figure-15: Global – Industrial Robotics Automotive Industry Volume (Number), 2018 – 2022
Figure-16: Global – Forecast for Industrial Robotics Automotive Industry Volume (Number), 2023 – 2027
Figure-17: Global – Industrial Robotics Electrical & Electronics Industry Market (Million US$), 2018 – 2022
Figure-18: Global – Forecast for Industrial Robotics Electrical & Electronics Industry Market (Million US$), 2023 – 2027
Figure-19: Global – Industrial Robotics Electrical & Electronics Industry Volume (Number), 2018 – 2022
Figure-20: Global – Forecast for Industrial Robotics Electrical & Electronics Industry Volume (Number), 2023 – 2027
Figure-21: Global – Industrial Robotics Metal & Machinery Industry Market (Million US$), 2018 – 2022
Figure-22: Global – Forecast for Industrial Robotics Metal & Machinery Industry Market (Million US$), 2023 – 2027
Figure-23: Global – Industrial Robotics Metal & Machinery Industry Volume (Number), 2018 – 2022
Figure-24: Global – Forecast for Industrial Robotics Metal & Machinery Industry Volume (Number), 2023 – 2027
Figure-25: Global – Industrial Robotics Plastic & Chemical Products Market (Million US$), 2018 – 2022
Figure-26: Global – Forecast for Industrial Robotics Plastic & Chemical Products Market (Million US$), 2023 – 2027
Figure-27: Global – Industrial Robotics Plastic & Chemical Products Volume (Number), 2018 – 2022
Figure-28: Global – Forecast for Industrial Robotics Plastic & Chemical Products Volume (Number), 2023 – 2027
Figure-29: Global – Industrial Robotics Food Industry Market (Million US$), 2018 – 2022
Figure-30: Global – Forecast for Industrial Robotics Food Industry Market (Million US$), 2023 – 2027
Figure-31: Global – Industrial Robotics Food Industry Volume (Number), 2018 – 2022
Figure-32: Global – Forecast for Industrial Robotics Food Industry Volume (Number), 2023 – 2027
Figure-33: Global – Industrial Robotics Others Market (Million US$), 2018 – 2022
Figure-34: Global – Forecast for Industrial Robotics Others Market (Million US$), 2023 – 2027
Figure-35: Global – Industrial Robotics Others Volume (Number), 2018 – 2022
Figure-36: Global – Forecast for Industrial Robotics Others Volume (Number), 2023 – 2027
Figure-37: America – Industrial Robotics United States Market (Million US$), 2018 – 2022
Figure-38: America – Forecast for Industrial Robotics United States Market (Million US$), 2023 – 2027
Figure-39: America – Industrial Robotics Canada Market (Million US$), 2018 – 2022
Figure-40: America – Forecast for Industrial Robotics Canada Market (Million US$), 2023 – 2027
Figure-41: America – Industrial Robotics Mexico Market (Million US$), 2018 – 2022
Figure-42: America – Forecast for Industrial Robotics Mexico Market (Million US$), 2023 – 2027
Figure-43: America – Industrial Robotics Others Market (Million US$), 2018 – 2022
Figure-44: America – Forecast for Industrial Robotics Others Market (Million US$), 2023 – 2027
Figure-45: Europe – Industrial Robotics France Market (Million US$), 2018 – 2022
Figure-46: Europe – Forecast for Industrial Robotics France Market (Million US$), 2023 – 2027
Figure-47: Europe – Industrial Robotics Germany Market (Million US$), 2018 – 2022
Figure-48: Europe – Forecast for Industrial Robotics Germany Market (Million US$), 2023 – 2027
Figure-49: Europe – Industrial Robotics Italy Market (Million US$), 2018 – 2022
Figure-50: Europe – Forecast for Industrial Robotics Italy Market (Million US$), 2023 – 2027
Figure-51: Europe – Industrial Robotics Spain Market (Million US$), 2018 – 2022
Figure-52: Europe – Forecast for Industrial Robotics Spain Market (Million US$), 2023 – 2027
Figure-53: Europe – Industrial Robotics Others Market (Million US$), 2018 – 2022
Figure-54: Europe – Forecast for Industrial Robotics Others Market (Million US$), 2023 – 2027
Figure-55: Asia & Australia – Industrial Robotics China Market (Million US$), 2018 – 2022
Figure-56: Asia & Australia – Forecast for Industrial Robotics China Market (Million US$), 2023 – 2027
Figure-57: Asia & Australia – Industrial Robotics India Market (Million US$), 2018 – 2022
Figure-58: Asia & Australia – Forecast for Industrial Robotics India Market (Million US$), 2023 – 2027
Figure-59: Asia & Australia – Industrial Robotics Japan Market (Million US$), 2018 – 2022
Figure-60: Asia & Australia – Forecast for Industrial Robotics Japan Market (Million US$), 2023 – 2027
Figure-61: Asia & Australia – Industrial Robotics Republic Of Korea Market (Million US$), 2018 – 2022
Figure-62: Asia & Australia – Forecast for Industrial Robotics Republic Of Korea Market (Million US$), 2023 – 2027
Figure-63: Asia & Australia – Industrial Robotics Thailand Market (Million US$), 2018 – 2022
Figure-64: Asia & Australia – Forecast for Industrial Robotics Thailand Market (Million US$), 2023 – 2027
Figure-65: Asia & Australia – Industrial Robotics Others Market (Million US$), 2018 – 2022
Figure-66: Asia & Australia – Forecast for Industrial Robotics Others Market (Million US$), 2023 – 2027
Figure-67: Rest of the World – Industrial Robotics Others Market (Million US$), 2018 – 2022
Figure-68: Rest of the World – Forecast for Industrial Robotics Others Market (Million US$), 2023 – 2027
Figure-69: Global – Service Robotics Transportation & Logistics Market (Million US$), 2018 – 2022
Figure-70: Global – Forecast for Service Robotics Transportation & Logistics Market (Million US$), 2023 – 2027
Figure-71: Global – Service Robotics Transportation & Logistics Volume (Number), 2018 – 2022
Figure-72: Global – Forecast for Service Robotics Transportation & Logistics Volume (Number), 2023 – 2027
Figure-73: Global – Service Robotics Professional Cleaning Market (Million US$), 2018 – 2022
Figure-74: Global – Forecast for Service Robotics Professional Cleaning Market (Million US$), 2023 – 2027
Figure-75: Global – Service Robotics Professional Cleaning Volume (Number), 2018 – 2022
Figure-76: Global – Forecast for Service Robotics Professional Cleaning Volume (Number), 2023 – 2027
Figure-77: Global – Service Robotics Medical Robotics Market (Million US$), 2018 – 2022
Figure-78: Global – Forecast for Service Robotics Medical Robotics Market (Million US$), 2023 – 2027
Figure-79: Global – Service Robotics Medical Robotics Volume (Number), 2018 – 2022
Figure-80: Global – Forecast for Service Robotics Medical Robotics Volume (Number), 2023 – 2027
Figure-81: Global – Service Robotics Hospitality Market (Million US$), 2018 – 2022
Figure-82: Global – Forecast for Service Robotics Hospitality Market (Million US$), 2023 – 2027
Figure-83: Global – Service Robotics Hospitality Volume (Number), 2018 – 2022
Figure-84: Global – Forecast for Service Robotics Hospitality Volume (Number), 2023 – 2027
Figure-85: Global – Service Robotics Agriculture & Field Market (Million US$), 2018 – 2022
Figure-86: Global – Forecast for Service Robotics Agriculture & Field Market (Million US$), 2023 – 2027
Figure-87: Global – Service Robotics Agriculture & Field Volume (Number), 2018 – 2022
Figure-88: Global – Forecast for Service Robotics Agriculture & Field Volume (Number), 2023 – 2027
Figure-89: North America – Service Robotics Market (Million US$), 2018 – 2022
Figure-90: North America – Forecast for Service Robotics Market (Million US$), 2023 – 2027
Figure-91: Europe – Service Robotics Market (Million US$), 2018 – 2022
Figure-92: Europe – Forecast for Service Robotics Market (Million US$), 2023 – 2027
Figure-93: Asia – Service Robotics Market (Million US$), 2018 – 2022
Figure-94: Asia – Forecast for Service Robotics Market (Million US$), 2023 – 2027
Figure-95: Rest of the World – Service Robotics Market (Million US$), 2018 – 2022
Figure-96: Rest of the World – Forecast for Service Robotics Market (Million US$), 2023 – 2027
Figure-97: iRobot Corporation – Global Revenue (Million US$), 2018 – 2022
Figure-98: iRobot Corporation – Forecast for Global Revenue (Million US$), 2023 – 2027
Figure-99: Intuitive Surgical, Inc – Global Revenue (Million US$), 2018 – 2022
Figure-100: Intuitive Surgical, Inc – Forecast for Global Revenue (Million US$), 2023 – 2027
Figure-101: Panasonic Corporation – Global Revenue (Million US$), 2018 – 2022
Figure-102: Panasonic Corporation – Forecast for Global Revenue (Million US$), 2023 – 2027
Figure-103: Fanuc – Global Revenue (Million US$), 2018 – 2022
Figure-104: Fanuc – Forecast for Global Revenue (Million US$), 2023 – 2027
Figure-105: ABB Ltd – Global Revenue (Million US$), 2018 – 2022
Figure-106: ABB Ltd – Forecast for Global Revenue (Million US$), 2023 – 2027
Figure-107: Stryker Corporation – Global Revenue (Million US$), 2018 – 2022
Figure-108: Stryker Corporation – Forecast for Global Revenue (Million US$), 2023 – 2027
Figure-109: Yaskawa Electric Corporation – Global Revenue (Million US$), 2018 – 2022
Figure-110: Yaskawa Electric Corporation – Forecast for Global Revenue (Million US$), 2023 – 2027
List of Tables:
Table-01: Global – Robotics Market Share by Segment (Percent), 2018 – 2022
Table-02: Global – Forecast for Robotics Market Share by Segment (Percent), 2023 – 2027
Table-03: Global – Industrial Robotics Market Share (Percent), 2018 – 2022
Table-04: Global – Forecast for Industrial Robotics Market Share (Percent), 2023 – 2027
Table-05: Global – Service Robotics Market Share (Percent), 2018 – 2022
Table-06: Global – Forecast for Service Robotics Market Share (Percent), 2023 – 2027
Table-07: Global – Robotics Volume Share by Segment (Percent), 2018 – 2022
Table-08: Global – Forecast for Robotics Volume Share by Segment (Percent), 2023 – 2027
Table-09: Global – Industrial Robotics Volume Share (Percent), 2018 – 2022
Table-10: Global – Forecast for Industrial Robotics Volume Share (Percent), 2023 – 2027
Table-11: Global – Service Robotics Volume Share (Percent), 2018 – 2022
Table-12: Global – Forecast for Service Robotics Volume Share (Percent), 2023 – 2027

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