Smart Robots Market Forecast 2025–2034: Where Businesses Should Invest Next

November 14, 2025 by The Business Research Company

Unlock Global Insights – Save 20% on Market Reports with Code ONLINE20

What Is The Predicted Market Size Trajectory For The Smart Robots Market From 2025 To 2034?

The global market value for smart robots has experienced a rapid ascent recently, projected to climb from its 2024 valuation of $17.35 billion to a figure of $21.64 billion in 2025, reflecting an impressive compound annual growth rate (CAGR) of 24.7%. This historic expansion is primarily fueled by the increasing requirement for automation solutions coupled with the necessity to lower labor expenses across various sectors; furthermore, the proliferation of industries such as manufacturing, healthcare, and logistics that mandate robotic automation, the wider acceptance of cobots enabling seamless human-robot collaboration, a concerted effort toward enhancing safety and operational efficiency in industrial environments, technological leaps in robotics sensing and perception capabilities, and the persistent need for high precision and accuracy during intricate operations all contribute significantly to this market’s upward trajectory.

Anticipation surrounds the smart robots sector, projected to undergo substantial expansion across the forthcoming years, achieving a valuation of $45.68 billion by 2029, fueled by a compound annual growth rate approximating 20.5%. This upward trajectory during the projected timeframe is largely driven by the increasing integration of robots within healthcare settings for procedural and recovery uses, the proliferation of smart manufacturing protocols alongside Industry 4.0 endeavors, ongoing investigation into swarm robotics and interconnected multi-robot frameworks, the imperative for robotic assistance in high-risk settings such as nuclear facilities or the oil and gas industry, a heightened focus on intelligent agriculture and self-governing cultivation methods, and the rising consumer demand for autonomous units in e-commerce for final-stage delivery services. Key developments shaping this period encompass the implementation of artificial intelligence for adaptive learning capabilities, advancements in natural language processing and vocal identification technologies, the deployment of robotic process automation within core business functions, the utilization of edge computing to facilitate instantaneous decision-making processes, the emergence of emotional artificial intelligence and socially interactive robotics, and the incorporation of augmented and mixed reality interfaces.

Unlock Your Free Sample Report for Exclusive Market Data:

https://www.thebusinessresearchcompany.com/sample.aspx?id=4021&type=smp

What Are The Key Drivers Of Growth In The Smart Robots Market?

The expanding adoption of industrial robots is anticipated to fuel the expansion of the smart robot sector in the near future. Programmable, automated machinery engineered for functions within production, assembly line tasks, or diverse industrial operations are classified as these industrial robots. Such intelligent robotic systems possess the capability to execute numerous assignments with superior accuracy and flexibility, establishing their crucial importance across manufacturing, supply chain management, medical fields, and numerous other domains. To illustrate this trend, data from the International Federation of Robotics, a global advocate for the robotics sector headquartered in Germany, indicated that in Europe, 72,000 industrial robots were installed during 2022, marking a 6% advancement compared to the figures from 2021, as reported in June 2023. Consequently, the broader integration of industrial robotics directly propels the forward momentum of the smart robots market.

What Are The Leading Segments Analyzed In The Smart Robots Market?

The smart robots market covered in this report is segmented –

1) By Component: Hardware, Software, Services

2) By Product: Professional Service Robots, Personal Service Robots, Collaborative Robots

3) By End-User: Industrial, Residential, Commercial

4) By Application: Manufacturing, Healthcare, Defense, Energy and Utility, Other Applications

Subsegments:

1) By Hardware: Sensors, Actuators, Chassis and Frames, Power Supply Units

2) By Software: Control Software, AI and Machine Learning Algorithms, Navigation and Mapping Software, User Interface and Monitoring Software

3) By Services: Installation and Integration Services, Maintenance and Repair Services, Training and Support Services, Customization and Development Services

Which Trends Are Impacting The Smart Robots Market?

Leading entities within the smart robot sector are actively innovating with sophisticated offerings, exemplified by the creation of diminutive industrial robots, aiming to capture broader consumer segments, boost transaction volumes, and ultimately augment their financial intake. These miniature industrial robots constitute compact automated mechanisms engineered to execute exacting and highly specific operations within manufacturing settings. As an illustration, in the tenth month of 2022, ABB, a major automation solutions supplier headquartered in Switzerland, introduced the IRB 1010, which is recognized as their most compact industrial robot to date. This highly reduced system has been meticulously designed to support electronics producers in scaling up the manufacturing of items such as wearable technology like smartwatches, audio devices, various sensors, and health monitoring gadgets, as confirmed by the corporation. Possessing a reach measurement of 370 mm (14.5 inches) and occupying a floor space measuring 135 by 250 mm (5.3 by 9.8 inches), the IRB 1010 represents a significant spatial improvement, being 30 percent more compact than ABB’s preceding smallest offering, the IRB 120. Such reduced physical requirements facilitate the integration of a greater quantity of robotic workstations within existing production areas, thereby empowering manufacturers to elevate overall output through the strategic arrangement of factory floors for greater spatial efficiency. Beyond its size advantage, the IRB 1010 distinguishes itself with the superior payload capacity within its class, capable of supporting loads up to triple that lifted by comparable robotic appendages. Moreover, the inclusion of a wider-diameter air conduit results in amplified vacuum grasping strength, allowing the robot to manipulate several components concurrently and process a higher throughput of parts hourly.

Who Are The Key Multinational Companies Dominating The Smart Robots Market?

Major companies operating in the smart robots market include Puresight Systems Pvt. Ltd, SoftBank Robotics Group, ABB Group, KUKA AG, FANUC India Pvt Ltd, HaHanson Robotics Limited., Yaskawa Electric Corporation, Rethink Robotics, Blue Frog Robotics SAS, Universal Robots, DeLaval, Intuitive Surgical Inc., Vt Systems Inc., Samsung Electronics, Gecko Systems International Corporation, Honda Motor Company Ltd., Omron Adept Technologies Inc., GreyOrange pte Ltd, Kongsberg Maritime, ECA GROUP, Neato Robotics, Bluefin Robotics, AIBRAIN LLC., Brain Corporation, Cyberdyne Inc., Epson America Inc, Lely Industries N.V., OTC Daihen Inc., F&P Personal Robotics., Nvidia Corporation., Anduril Industries Inc., Boston Dynamics Inc., Diligent Robotics, Starship Technologies, Nuro Inc., Vecna Robotics Inc., Aethon Inc., Universal Robots A/S, DENSO Robotics

Download The Full Report For Exclusive Market Findings:

https://www.thebusinessresearchcompany.com/report/smart-robots-global-market-report

What Are The Regional Market Dynamics Impacting The Smart Robots Industry?

North America was the largest region in the smart robots market in 2024. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the smart robot’s market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Request A Customized Version Of The Smart Robots Market Report:

https://www.thebusinessresearchcompany.com/customise?id=4021&type=smp

Browse Through More Reports Similar to the Global Smart Robots Market 2025, By The Business Research Company

Smart Toys Global Market Report 2025

https://www.thebusinessresearchcompany.com/report/smart-toys-global-market-report

Cleaning Robot Global Market Report 2025

https://www.thebusinessresearchcompany.com/report/cleaning-robot-global-market-report

Robo Taxis Global Market Report 2025

https://www.thebusinessresearchcompany.com/report/robo-taxis-global-market-report

Get in touch with us:

The Business Research Company: https://www.thebusinessresearchcompany.com/

Americas +1 310-496-7795