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The industrial robotics services market size is forecast to increase by USD 7.47 billion, at a CAGR of 6.59% between 2023 and 2028. The market is witnessing strong growth propelled by heightened demand for industrial robots. With manufacturers embracing AI-powered robots to automate tasks, operational efficiency and worker safety are prioritized. These robots are utilized across diverse applications like welding, painting, and assembly. Particularly, the automotive sector, a major consumer, fuels demand for specialized robots, prompting vendors to innovate with customized solutions for a competitive advantage. This market expansion encourages manufacturers to adopt tailored services, ensuring competitiveness and efficiency amid rising automation and technological progress. It also includes an in-depth analysis of market trends and analysis, market growth analysis and challenges. Furthermore, the report includes historic market data from 2018 - 2022.
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The Market is witnessing remarkable growth driven by factors like the increasing adoption of collaborative robots and AI-enabled robots in various industries. With rising concerns about climate change and the need for efficient manufacturing, demand for software, hardware, and robot arms is surging. Manufacturers are deploying end effectors and vision systems to enhance productivity and safety. The market is also witnessing growth in service robots for both professional and personal use, including IoT-based devices and domestic robots. As automation increases to mitigate rising labor wages, applications in sectors like healthcare are expanding, with medical robots leveraging AI for enhanced performance. Safety remains paramount, with collaborative robots designed to work alongside human operators in shared workspaces, equipped with advanced safety features surpassing traditional barriers. The market outlook is promising, driven by technological advancements and the integration of robotics across various industries.
The market experiences robust growth driven by a surge in demand for industrial robots. Manufacturers increasingly adopt AI-enabled robots to automate manual processes, ensuring operational efficiency and worker safety. These robots enhance various applications such as welding, painting, and assembly. The automotive industry, a significant end user, drives demand for application-specific robots.
Further, companies develop custom bots to gain a competitive edge. The market's growth fosters the adoption of personalized services by manufacturers, ensuring competitiveness and efficiency in an era of increasing automation and technological advancement.
Technological innovations in industrial robotics services are the primary trend in the global market. System integrators are taking initiatives to innovate service offerings using technological advances such as the Internet of Things (IoT) and software platforms. Programming platforms are mainly applied to improve the implementation and programming of industrial robots, and trends such as virtual implementation and offline programming will rise during the forecast period.
Additionally, companies are taking steps to improve industrial robot cell reconfiguration. Robotic cells such as the ReconCell have become more common and are mostly suitable for SMEs that produce small batches. As vendors improve industrial robotic cells in terms of simulation, programming, deployment, and reconfiguration, more and more end users are adopting them to improve productivity. Thus, increasing technological innovations in the field of industrial robotic services will drive the growth of the market during the forecast period
The high costs of the initial investment in a desalination plant are a major challenge to global growth. Vendors must strive to develop methods that prevent end users from losing time or money when using services provided by industrial robot deployments. The integration of robot systems includes signed contracts and legal regulations, tenders, and assessments before the robots are deployed and used.
In order to smoothly integrate these systems into their operations, it is also important that the operators and employees of customers participate in relevant training. There are costs associated with these on-site training events, as trainers must be hired and travel and accommodation costs for the training staff are also paid for. This increases the potential total cost to the end user, which limits the market growth during the forecast period.
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth and forecasting strategies.
Market Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
ABB Ltd.- The company offers industrial robotics services such as a 6-axis articulated robot IRB 1010 for use in material handling, machine tending, spot welding, arc welding, cutting, assembling, testing, inspecting, dispensing, grinding, and polishing applications.
The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market share growth by the material handling segment will be significant during the forecast period. In this segment, the biggest demand comes from the automotive industry, where they move bulk cargo that cannot be moved efficiently by hand. Chinese and European companies want to reduce workers' liability for compensation for chemical accidents and remediation costs. The demand for industrial robots used in material handling applications in the chemical industry is significant. Miniaturization has become an emerging trend in the electrical and semiconductor industry, demanding high performance as well as maintaining quality and reducing processing time.
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The material handling segment was valued at USD 6.95 billion in 2018. The market in material handling is gaining traction among industrial users for applications such as machine maintenance, metal maintenance, packaging, loading/unloading, palletizing, assembly, and injection molding. Demand for these services is growing significantly among end users who are focused on adopting efficiency-enhancing technologies. System integrators specializing in material handling applications are expected to focus on technologies such as 3D container collection, machine vision, and collaborative robots during the forecast period.
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APAC is estimated to contribute 39% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The industrial robotic services market in the APAC region was the largest producer, with high demand coming from China, Japan, South Korea, Taiwan, and India. The region is an important base for the activities of leading foreign manufacturers and system integrators. The region played a key role in providing system solutions using robots manufactured in Europe and Japan. The automotive industry, F and B, metals, textiles, chemicals, and pharmaceuticals are growing sectors in the region. These factors will facilitate market growth during the forecast period.
The market growth and trends research report provides comprehensive data (region wise segment analysis), with forecasts and estimates in "USD billion" for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.
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The market is witnessing substantial growth, driven by the rising adoption of AI-enabled robots across various sectors including manufacturing, healthcare, and logistics. Industries are leveraging robotic solutions to enhance automation and improve production workflows. Challenges such as high initial capital expenditure and the need for skilled workforce hinder adoption of domestic robots. However, with improved capabilities and safety features, robots are increasingly utilized in tasks like material handling and minimally invasive surgeries. The market also sees demand for customizable and high-speed robots, catering to industries like electronics and automotive. As the demand for smart manufacturing and IoT-based devices rises, the industrial robotics services market is poised for continued growth, transforming production value chains and supply chain processes. In professional settings, particularly within the healthcare sector, workspace safety is paramount. Traditional safety barriers are commonplace, but dedicated robot zones are increasingly utilized to enhance safety measures. Manipulators equipped with advanced actuators ensure precise and controlled movements, optimizing efficiency and minimizing risks in various professional environments.
Further, the market continues to expand rapidly across diverse sectors including automotive, electronics, and food-grade robots in the agricultural sector. Autonomous Vehicles (AVs) and Electric Vehicles (EVs) drive demand for improved capabilities of robots in EV battery production and factory automation techniques. Robotics integrators enhance production value chain efficiencies with material handling robots and manipulators for loading and unloading tasks. From high-tech testing labs to residential and commercial projects, robots like articulated, Cartesian, and Scara robots optimize speed and payload-carrying capacity in metal & machinery industries. Challenges such as workforce skills and troubleshooting persist, influencing robot production and deployment across defense and construction & demolition sectors. As robotics digitization progresses, communication interfaces and teach pendants improve controller functionalities, addressing hurdles in existing infrastructure integration and ensuring hygiene standards in cosmetics and medical devices industries.
Moreover, the market is thriving due to the rising demand for robots across various sectors like manufacturing, agriculture, construction, and healthcare. With improved capabilities driven by Artificial Intelligence (AI) and customizability, industrial robots are revolutionizing processes in electronics, machinery, and medical industries. Collaborative robots (cobots) are gaining traction, especially in small and medium businesses, while advancements in vision systems and communication interfaces enhance efficiency and safety. Challenges such as high labor wages and skill shortages hinder adoption, but integrators play a crucial role in overcoming these barriers. As demand grows in both developed and developing economies, the industrial robotics services market continues to expand, offering solutions for material handling, assembly, inspection, and more.
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Industry Scope |
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Report Coverage |
Details |
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Page number |
194 |
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Base year |
2023 |
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Historic period |
2018 - 2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 6.59% |
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Market growth 2024-2028 |
USD 7.46 billion |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
6.07 |
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Regional analysis |
APAC, Europe, North America, South America, and Middle East and Africa |
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Performing market contribution |
APAC at 39% |
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Key countries |
US, China, Japan, Germany, and South Korea |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
ABB Ltd., Carl Cloos Schweisstechnik GmbH, Daihen Corp., DENSO Corp., Durr AG, FANUC Corp., General Electric Co., Hans Laser Technology Industry Group Co. Ltd., Jenoptik AG, Kawasaki Heavy Industries Ltd., MIDEA Group Co. Ltd., Mitsubishi Electric Corp., NACHI FUJIKOSHI Corp., OMRON Corp., Panasonic Holdings Corp., Seiko Epson Corp., Staubli International AG, Teradyne Inc., Universal Robots AS, and Yaskawa Electric Corp. |
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Market dynamics |
Parent market analysis, Market forecast, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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