Top Robotics Market Size, Share, Growth, Trends, and Global Industry Analysis: By Type (Top Industrial Robotics, Articulated, SCARA, Cartesian, Parallel, Collaborative, and Top Service Robotics), By Application (Automotive, Food & Beverages, Electrical and Electronics, Pharmaceuticals and Cosmetics, Metal and Machinery, Chemicals, Rubber, and Plastics, and Others), and Region Forecast 2019-2030

Top Robotics Market size was valued at US$ 74,392.1 million in 2023 and grew at a significant CAGR of 17.8% from 2024-2030. Moreover, the U.S. top robotics market is projected to grow significantly, reaching an estimated US$ 91,314.7 million by 2032. The market includes advanced robotic technologies that integrate artificial intelligence, automation, and machine learning to perform complex tasks in various industries.

The types of robots included are: industrial robots used in the manufacturing industry, cobots, service robots used for healthcare, logistics, and agriculture, and autonomous mobile systems like drones and delivery robots. Increased automation in industries to enhance productivity, the adoption of robotics in healthcare and logistics, and advancements in AI-driven robotics are fueling growth. The market is also very competitive, and leaders like ABB, Fanuc, KUKA, and Boston Dynamics drive its growth.

Key Players

The market share is inclusive of several companies such as FANUC, ABB, YASKAWA, KUKA, Kawasaki Heavy Industries, Mitsubishi Electric, DENSO, NACHI-FUJIKOSHI, Universal Robots, Omron Adept, Seiko Epson, Siasun, Techman Robot, Comau, Yamaha, b+m Surface Systems, Delta Electronics and so on.

ABB is the global leader in the robotics industry, driving innovation with advanced robotics solutions tailored for industries such as manufacturing, logistics, and healthcare. ABB is known for its extensive portfolio of industrial and collaborative robots. Its robots, such as the IRB series, are renowned for precision, flexibility, and efficiency in tasks like welding, painting, and assembly. ABB has also invested in next-generation technologies by acquiring companies such as Sevensense Robotics in 2024, enhancing its AI and vision-based robotics capabilities. In addition, ABB has expanded its robotics portfolio with key developments in autonomous navigation and robotics supporting diverse applications in smart factories and warehousing. Innovations and strategic expansions reflect ABB's pivotal role in shaping the future of robotics and automation across multiple sectors.

Key Takeaways

• The fastest-growing region is Asia-Pacific
• Based on Type, top industrial robotics segment holds the 32.4% market share
• Based on Applications, pharmaceutical and cosmetics segment holds the 29.1% market share

Facts & Figures

• TUG robots, which are popularly used for autonomous delivery in hospitals, completed more than 50,000 deliveries per week in 140 hospitals across the U.S. as of February 2022.
• Through 2022, more than 10 million operations have been conducted globally for the da Vinci Surgical System, which is known to be a precise robotic surgical system.
• As of March 2023, Amazon had deployed over 520,000 robotic drive units in its fulfillment centers across the world to reduce efficiency and safety.
• As of January 2023, nearly 45% of the robotic startups around the world utilized artificial intelligence to incorporate a high level of machine learning.

Key Developments

• In 2024, ABB's Acquisition of Sevensense Robotics. ABB continued to enhance its robotics solutions by acquiring Sevensense Robotics, integrating advanced vision and AI technology for autonomous navigation system.
• In 2023, Rockwell Automation Acquired Clearpath Robotics. This acquisition helped the company expand its offerings in industrial automation and mobile robotic systems.

Top Robotics Market Segmentation:

By Type: In the Healthcare Packaging Market, the Top Industrial Robotics holds the highest revenue. This is due to the increased demand for automation in packaging processes, especially within the pharmaceutical and medical device industries. Industrial robots such as articulated and SCARA robots are used for various tasks, including packaging, labeling, and assembly. Their ability to handle delicate and sterile packaging materials, combined with advancements in robotic technology, has made them an increasingly popular choice for healthcare packaging, and thus, the segment is a major revenue generator in the market.

By Application: The Pharmaceuticals and Cosmetics segment generates the highest revenue in the healthcare packaging market. This is due to the strict regulatory requirements for the safe and sterile packaging of pharmaceutical products and the increasing demand for innovative packaging solutions in cosmetics. The increasing prevalence of chronic diseases, the growing consumption of over-the-counter (OTC) drugs, and the growth of the global cosmetics industry drive the demand for advanced, tamper-proof, and sustainable packaging. These factors make the Pharmaceuticals and Cosmetics segment a key revenue contributor in the healthcare packaging sector.