Robotics Market Size Accelerates as AI-Powered Automation Hits the Mainstream
The global robotics market is expanding rapidly as industrial automation converges with AI-driven service robots. New data and corporate moves suggest a breakout phase across factories, logistics, and commercial applications through the decade.
Market Snapshot: Size, Growth, and What’s Driving It
The robotics market is entering a scale-up phase, with industrial and service segments growing in tandem. Global industrial robot installations reached a new high in 2022 and remain elevated, reflecting pent-up demand and reshoring tailwinds, according to the International Federation of Robotics’ World Robotics report according to recent research. On the value side, the overall robotics market was estimated at tens of billions of dollars earlier this decade and is tracking to surpass mid–$100 billions by the middle of the decade, industry reports show.
The service robotics category—spanning logistics, retail, healthcare, agriculture, and hospitality—has emerged as a growth engine. The segment was valued in the tens of billions in 2023 and is projected to expand at a 20%+ CAGR through 2030, driven by labor constraints, e-commerce growth, and maturation of AI perception and manipulation, data from analysts indicates. Together, these dynamics signal that robotics is shifting from pilot projects to scaled deployments across multiple industries.
Hardware gains are increasingly complemented by software and simulation platforms that shorten development cycles and boost ROI. Foundational toolchains and digital twins are reducing integration risk and enabling faster iteration in the field, aligning robotics adoption with broader enterprise digitization agendas. This convergence is attracting strategic investment from technology leaders and industrial automation stalwarts alike.
Segment Breakdown: Industrial, Service, and Mobile Robots
Industrial robotics remains the backbone of the market, with automotive, electronics, and metals leading adoption. Established leaders such as ABB, Fanuc, Yaskawa Electric, and KUKA are expanding portfolios into higher-payload arms, vision-guided systems, and turnkey cells to address demand for flexibility. Collaborative robots (cobots) continue to penetrate small and midsize manufacturing thanks to easier deployment and lower total cost of ownership, with Universal Robots (a Teradyne business) anchoring the category.
Service and mobile robots are scaling fastest in logistics and fulfillment. Autonomous mobile robots (AMRs) and item-handling systems from operators like Amazon...