Global Robotics Market By Type Overview
Robotics Market was valued at US$ 140.3 Billion in 2024 and is projected to grow at a CAGR of 17.40% to reach US$ 697.1 Billion by 2034
Technological advancements and increasing demand for automation in automotive industry across the globe is the key factor to driving the robotics market. In addition, growing concerns associated with the labor safety, along with rising adoption of robotics in various organizations in order to automate processes for delivering high-quality products, manufacturing capabilities, and managing processes are fuelling growth of the target market. Furthermore, growing adoption of tablets and smartphones is expected to boost growth of the global robotics market over the forecast period in the near future.
Global Robotics Market By Type Dynamics
The research scope provides comprehensive market size, and other in-depth market information details such as, market growth supporting factors, restraining factors, trends, opportunities, market risk factors, market competition, product and services advancements and launches, product/services related regulations overview, and recent developments for the mentioned forecast period. In addition, the report provides key examination of market players operating in the specific market and analysis and outcomes related with the target market for more than 20 countries.
In the current research scope 2018 is considered as base year and 2023 is estimated year for market value/volume calculations. The report offers market estimates for the forecast period – 2024 to 2034. The report provides factual inputs and analysis based on primary and secondary research, which includes insights gained through in-depth interviews with primary research participants. Also, the data is gathered from authentic secondary sources and is verified by key opinion leaders in the target market. The in-house research is applied on gathered information to provide more accurate data points and reduce the margin of error. The in-house research and analysis efforts include various tools and 360o data analysis methodology.
Global Robotics Market By Type Segmentation
The global robotics market report segments the market on the basis of type, component, application, and region.
The report expected to answer various target market related questions and offers insights on:
- Definition, description, overview of market growth influencing factors, and forecast for the target market
- Scope for related market in the forecast period
- Analysis and outcome for the global robotics market by segment and region followed by countries
- Market segmentation, dominating segment and region followed by country along with market value, share, Y-o-Y growth, CAGR, forecast, and contribution in the market
- Key market player profiles, their recent developments, strategies, financial details, key competencies, presence by region, and product portfolio
- Valuable insights, data, and forecast that can be referenced to plan business strategies, to tap market opportunities, understand business related risks, derive business goals, to recognize trends, and understand target customers/end users
- Insights on recent technologies, pipeline products, regulations related with target market, market investment, and offers insights on political and economical factors that may influence market growth
- PEST Analysis, PORTER’s five forces analysis, opportunity map analysis, drivers and restraints impact analysis, and market attractiveness index
Global Robotics Market By Type Key Players
Key players in the global robotics market includes, iRobot Corporation, Boston Dynamics Inc., Touch Bionics Limited, Northrop Grumman Corporation, Rethink Robotics, Inc., Accuray Incorporated, Liquid Robotics Inc., QBotix Inc., Prox Dynamics AS, Honda Motor Co. Ltd., and Robert Bosch GmbH.
Global Robotics Market By Type Key Issues Addressed
- In June 2024, Chinese doctor performed ‘world’s 1st’ robotic surgery 5,000 miles away. Chinese doctor conducted a groundbreaking surgery utilizing a unique machine, allowing instantaneous operation on a patient in Beijing from Rome.
- In June 2024, A Robotic Third Thumb Would Be Handy; Anyone Can Learn To Use It Quickly. In a study involving close to 600 participants, 98 per cent members of the public were able to quickly familiarise themselves with the robotic extra thumb and use it in tasks.
- In June 2024, NATO funds German startup to meet its autonomous war robots need. The robots are all tracked, and can provide a series of support roles from mine sweeping to medical evacuation.
- In June 2024, Robots on a farm: Niqo brings AI tech to Indian farmers Bengaluru-based Niqo Robotics is set to penetrate precision spraying with its AI-backed robots. The company says it lowers farming costs with its pay-per-use leasing model.
Global Robotics Market By Type Table of Contents
Research Objective and Assumption
- Research Objectives
- Assumptions
- Abbreviations
Market Preview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Type
- Market Snippet, By Component
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- Product Launch
- Merger and Acquisitions
- Impact Analysis
- PEST Analysis
- Porter’s Analysis
Market Segmentation, By Type, 2024 – 2034, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2024 – 2034
- Segment Trends
- Industrial Robots
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Service Robots
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Mobile Robots
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
Market Segmentation, By Component, 2024 – 2034, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2024 – 2034
- Segment Trends
- Sensors
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Control Units
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Actuators
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Brake Systems
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Vision Systems
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
Market Segmentation, Application, 2024 – 2034, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2024 – 2034
- Segment Trends
- Household
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Entertainment
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Defense
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Field
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Healthcare
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Infrastructure
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Space Mission
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
Global Market, By Region, 2024 – 2034, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2024 – 2034
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Type, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Component, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Application, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Type, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Component, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Application, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Type, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Component, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Application, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
- China
- India
- Australia
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Type, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Component, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Application, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
- Brazil
- Mexico
- Rest of Latin America
- Middle East
- Market Size and Forecast (US$ Bn), By Type, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Component, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Application, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
- GCC
- Israel
- Rest of Middle East
- Africa
- Market Size and Forecast (US$ Bn), By Type, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Component, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Application, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
- South Africa
- Central Africa
- North Africa
Competitive Landscape
- Heat Map Analysis
- Company Profiles
- iRobot Corporation.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Boston Dynamics Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Touch Bionics Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Northrop Grumman Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Accuray Incorporated
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Liquid Robotics Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- QBotix Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Prox Dynamics AS
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Honda Motor Co. Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Robert Bosch GmbH
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Analyst Views
- iRobot Corporation.
Section
- Research Methodology
- About Us
- Contact
Global Robotics Market By Type Highlights
FAQs
The Robotics Market report segments the market been segmented on the basis of type, component, application, and region.
Technological advancements and increasing demand for automation in automotive industry across the globe is the key factor to driving the global robotics market.
Asia Pacific robotics market accounted for major revenue share of the Robotics Market
The leading players operating in the Robotics Market includes iRobot Corporation, Boston Dynamics Inc., Touch Bionics Limited, Northrop Grumman Corporation, Rethink Robotics, Inc., Accuray Incorporated, Liquid Robotics Inc., QBotix Inc., Prox Dynamics AS, Honda Motor Co. Ltd., and Robert Bosch GmbH.