How Big is the Robot Market | Industry Growth & Forecast 2025

Code: MTA8792 Publication Date: Sep 2025

How Big is the Robot Market?

According to 6Wresearch internal database and industry insights, the Robot Market was estimated at USD 92.6 billion in 2024 and is projected to reach USD 186.5 billion by 2031, expanding at a CAGR of 10.1% during the forecast period 2025-2031.

Growth of robot market is attributed to rising industrial automation across manufacturing, accelerating adoption of service robots in logistics and healthcare, advances in AI/ML and sensing that improve autonomy and safety, supportive incentives for smart factories, and falling component costs enabling wider use across mid-sized enterprises.

Key Growth Drivers of the Robot Market

  • Growing application of service robots in healthcare, last-mile delivery, and warehousing
  • Collaborative robots are being used more often to support human workers.
  • Growing use of precision and quality in manufacturing
  • Financial incentives and investments in automation and smart factories
  • Advances in AI, machine vision, edge computing, and sensors are improving performance.

Robot Market Trends

Robot Market is experiencing notable momentum with rapid uptake of collaborative robots and autonomous mobile robots supporting flexible, human-friendly workflows. Robotics as a Service models are becoming more popular due to the reduce upfront costs and facilitate scale-up. Digital twins and IoT platforms are being used to improve monitoring, uptime, and optimization. The wider adoption of ROS 2 and modular designs is enabling faster deployments and more customization. Additionally, advancements in AI-driven vision systems and machine learning are increasing the adaptability of robots in a variety of industries. As a consequence of this development, the market for robots is now positioned as an essential component of smart manufacturing and next-generation automation.

Emerging Developments in the Robot Market

Robot Market is seeing breakthroughs in AI-native perception, force control, and dexterous manipulation that expand tasks robots can safely perform. Next-gen surgical, agricultural, and inspection robots are moving from pilots to production, aided by better batteries and lightweight materials. For time-sensitive applications, 5G connectivity and on-device inference are reducing latency. Long-tail opportunities are being unlocked by retrofitting current lines with cobots and AMRs along with enhanced aftermarket services. Additionally, interoperable ecosystems and standardization initiatives are simplifying integration and hastening sector-wide adoption. Energy-efficient and recyclable robot designs are also becoming more popular in the market as a result of sustainability goals.

List of Leading Companies in the Robot Market

Some of the leading companies include:

  • ABB Ltd.
  • FANUC Corporation
  • Yaskawa Electric Corporation
  • KUKA AG
  • Mitsubishi Electric Corporation
  • Universal Robots (a Teradyne company)
  • Kawasaki Heavy Industries, Ltd.
  • Omron Corporation
  • Intuitive Surgical, Inc.
  • Boston Dynamics

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