Learn about the global industrial robots market through The Business Research Company, which provides information on industrial robots market size, industrial robots market drivers and restraints, industrial robots market players, the COVID-19 impact on the industrial robots market, and more.

The global industrial robots market size reached a value of nearly $42,592.1 million in 2021, having increased at a compound annual growth rate (CAGR) of 7.0% since 2016. The global industrial robots market size is expected to grow from $42,592.1 million in 2021 to $ 69,208.3 million in 2026 at a rate of 10.2%. The global industrial robots market size is then expected to grow at a CAGR of 9.6% from 2026 and reach $109,348.9 million in 2031.

The COVID-19 pandemic is predicted to drive the demand for industrial robots in the future.

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The industrial robots market consists of sales of industrial robots by entities (organizations, sole traders, and partnerships) that manufacture industrial robots to perform a specific task automatically. A robot is a programmable mechanical device generally used in place of a person to perform dangerous or repetitive tasks with a high degree of accuracy.

Global Industrial Robots Market Segments Include:
By Product Type: Articulated Robots, Linear Robots, Cylindrical Robots, Parallel Robots, SCARA Robots, Others

By End User Industry: Automotive, Electrical And Electronics, Healthcare And Pharmaceuticals, Food And Beverages, Rubber And Plastics, Metals And Machinery, Others

By Application: Pick And Place, Welding And Soldering, Material Handling, Assembling, Cutting And Processing, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the global industrial robots market, accounting for 69.2% of the total in 2021.

Collaborative robots are increasingly gaining traction in the industrial robots market. Collaborative robots are used to detect changes in work and then respond to them safely, by using advanced software and sensors. Collaborative robots have become a worldwide trend and adoption of the human-robot collaboration has increased.

TBRC’s Industrial Robots Market Report Covers:

Major Market Players: ABB Ltd., Fanuc Ltd., Yaskawa Electric Corporation, Mitsubishi Electric Corporation, Kawasaki Heavy Industries Ltd.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Industrial Robots Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides industrial robots market overviews, analyzes and forecasts market size, share, industrial robots market players, industrial robots market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s industrial robots market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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