Global Future of Robotics Market Size study, by Technology (Artificial Intelligence, Digital Twin, AR/VR, Cloud Computing), by Industry (Automotive, Smart Cities, Space Exploration, Logistics, Agriculture), and Regional Forecasts 2022-2032

Description

The Global Future of Robotics Market is valued at approximately USD 71 billion in 2023 and is projected to grow at an impressive rate of 18.4% during the forecast period 2024-2032. The robotics sector is experiencing rapid evolution, spurred by groundbreaking technological advancements and increasing market demand. This transformation is characterized by the integration of Artificial Intelligence (AI), the Internet of Things (IoT), and advanced machine learning capabilities, which are driving robots to become more intelligent, autonomous, and interconnected.

Collaborative robots, commonly referred to as cobots, are at the forefront of this evolution. Designed to seamlessly integrate into human environments, cobots are revolutionizing industries by automating repetitive and high-risk tasks, allowing human workers to focus on strategic roles. Leveraging technologies like 5G, augmented reality (AR), and advanced sensors, cobots are enhancing safety, adaptability, and efficiency in dynamic production environments. Furthermore, AI-driven advancements such as predictive maintenance and machine learning are empowering robots to optimize workflows and minimize downtime.

The application of robotics is also transforming industries beyond traditional manufacturing. In healthcare, AI-powered robots are assisting in surgeries and patient care, ensuring precision and safety. In agriculture, swarm robotics inspired by social insect behavior is enabling large-scale autonomous operations like crop monitoring and harvesting. Similarly, humanoid robots are marking a new era of human-robot collaboration, supported by investments from major players such as Tesla and Boston Dynamics.

Asia-Pacific leads in robotics innovation, driven by government support and industrial strategies like China's "Made in China 2025" and Japan's "Society 5.0." Emerging economies such as India are also gaining momentum with a growing number of robotics startups and supportive policies like "Startup India." North America and Europe remain significant players, fostering technological advancements and investments.

Major market players included in this report are:

ABB Robotics
Boston Dynamics
Fanuc Corporation
Yaskawa Electric Corporation
KUKA AG
iRobot Corporation
Tesla, Inc.
Agility Robotics
SoftBank Robotics
Hanson Robotics
Omron Adept Technologies
Intuitive Surgical
Siemens AG
DJI Innovations
Universal Robots

The detailed segments and sub-segments of the market are explained below:

By Technology

Artificial Intelligence (AI)
Digital Twin
AR/VR
Cloud Computing

By Industry

Automotive
Smart Cities
Space Exploration
Logistics
Agriculture

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Years considered for the study are as follows:

Historical Year - 2022
Base Year - 2023
Forecast Period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional-level analysis for each market segment.
Detailed analysis of the geographical landscape with country-level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Demand-side and supply-side analysis of the market.

Chapter 1. Global Future of Robotics Market Executive Summary

1.1. Global Future of Robotics Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Technology
- 1.3.2. By Industry
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Future of Robotics Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Future of Robotics Market Dynamics

3.1. Market Drivers
- 3.1.1. Integration of AI and IoT in robotics
- 3.1.2. Rising demand for cobots and human-robot collaboration
- 3.1.3. Advancements in AR/VR for robotics applications
3.2. Market Challenges
- 3.2.1. High costs associated with robotics systems
- 3.2.2. Regulatory and ethical concerns
3.3. Market Opportunities
- 3.3.1. Growing adoption of robotics in emerging economies
- 3.3.2. Innovations in humanoid and swarm robotics
- 3.3.3. Increasing investments in robotics R&D

Chapter 4. Global Future of Robotics Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Future of Robotics Market Size & Forecasts by Technology 2022-2032

5.1. Segment Dashboard
5.2. Global Future of Robotics Market: Technology Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 5.2.1. Artificial Intelligence (AI)
- 5.2.2. Digital Twin
- 5.2.3. AR/VR
- 5.2.4. Cloud Computing

Chapter 6. Global Future of Robotics Market Size & Forecasts by Industry 2022-2032

6.1. Segment Dashboard
6.2. Global Future of Robotics Market: Industry Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 6.2.1. Automotive
- 6.2.2. Smart Cities
- 6.2.3. Space Exploration
- 6.2.4. Logistics
- 6.2.5. Agriculture

Chapter 7. Global Future of Robotics Market Size & Forecasts by Region 2022-2032

7.1. North America Future of Robotics Market
- 7.1.1. U.S. Future of Robotics Market
  - 7.1.1.1. Technology breakdown size & forecasts, 2022-2032
  - 7.1.1.2. Industry breakdown size & forecasts, 2022-2032
- 7.1.2. Canada Future of Robotics Market
7.2. Europe Future of Robotics Market
- 7.2.1. U.K. Future of Robotics Market
- 7.2.2. Germany Future of Robotics Market
- 7.2.3. France Future of Robotics Market
- 7.2.4. Spain Future of Robotics Market
- 7.2.5. Italy Future of Robotics Market
- 7.2.6. Rest of Europe Future of Robotics Market
7.3. Asia-Pacific Future of Robotics Market
- 7.3.1. China Future of Robotics Market
- 7.3.2. India Future of Robotics Market
- 7.3.3. Japan Future of Robotics Market
- 7.3.4. Australia Future of Robotics Market
- 7.3.5. South Korea Future of Robotics Market
- 7.3.6. Rest of Asia Pacific Future of Robotics Market
7.4. Latin America Future of Robotics Market
- 7.4.1. Brazil Future of Robotics Market
- 7.4.2. Mexico Future of Robotics Market
- 7.4.3. Rest of Latin America Future of Robotics Market
7.5. Middle East & Africa Future of Robotics Market
- 7.5.1. Saudi Arabia Future of Robotics Market
- 7.5.2. South Africa Future of Robotics Market
- 7.5.3. Rest of Middle East & Africa Future of Robotics Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. ABB Robotics
- 8.1.2. Boston Dynamics
- 8.1.3. Fanuc Corporation
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. ABB Robotics
- 8.3.2. Boston Dynamics
- 8.3.3. Fanuc Corporation
- 8.3.4. Yaskawa Electric Corporation
- 8.3.5. KUKA AG
- 8.3.6. iRobot Corporation
- 8.3.7. Tesla, Inc.
- 8.3.8. Agility Robotics
- 8.3.9. SoftBank Robotics
- 8.3.10. Hanson Robotics
- 8.3.11. Omron Adept Technologies
- 8.3.12. Intuitive Surgical
- 8.3.13. Siemens AG
- 8.3.14. DJI Innovations
- 8.3.15. Universal Robots

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes