Robotics technology is the blend of computer application and machine tools designed to perform various tasks such as manufacturing, designing, and other applications of robots. In addition, use of robotic technology helps companies with various advantages such as increase in productivity of the organization, reduction of human errors, automation of the entire process, and enhancement of the quality of work. Robotics technology is used in a wide range of industries including healthcare, defense, aerospace, automotive, and infrastructure. Robots are used for numerous activities encompassing assembling products, detecting & defusing bombs, surgical operations, product inspection, space missions, cleaning, and household chores. Furthermore, various industries across the globe are adopting robotics technology for carrying out repetitive task and time-consuming task efficiently. In addition, manufacturers increasingly prefer process automation owing to the rise in labor costs and the need to increase productivity. This in turn is expected to driving the growth of the market.

Rise in need for automation and safety in organization and availability of affordable, energy efficient robots fuel the growth of the market. In addition, surge in labor & energy costs and increase in usage of robotics technology in different industry vertical fuel the growth of the market. However, high initial cost of the robots and lack of awareness among the SMEs hamper the growth of the market. Furthermore, growth in adoption of robotics technology in emerging economies and increase in use in adverse applications are expected to provide lucrative opportunities for the growth of the market.

The global robotics technology market is segmented into component, robot type, application, and region. By component, it is classified into hardware, software, and services. By type of robots, the market is categorized into traditional industrial robots, cobots, professional service robots, and others. By application, the market is categorized into manufacturing, healthcare, aerospace & defense, media & entertainment, logistics, and others. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in the robotics technology market analysis include ABB Ltd, Denso Corporation, Fanuc Corporation, KUKA AG, Kawasaki Robotics (Kawasaki Heavy Industries, Ltd.), Mitsubishi Electric Corporation, OMRON Corporation, Seiko Epson Corporation, St?ubli International AG and Yaskawa Electric Corporation. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.


  • The study provides an in-depth analysis of the global robotics technology market forecast along with the current & future trends to elucidate the imminent investment pockets.
  • Information about key drivers, restraints, and opportunities and their impact analysis on the global robotics technology market size is provided in the report.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.
  • The quantitative analysis of the market for the period 2020–2027 is provided to determine the market potential.


By Component

  • Hardware
  • Software
  • Service

By Type of Robots

  • Traditional Industrial Robots
  • Cobots
  • Professional Service Robots
  • Others

By Application

  • Manufacturing
  • Automotive
  • Electrical/Electronics
  • Metal & Machinery
  • Plastic & Chemical Products
  • Food & Beverages
  • Others
  • Healthcare
  • Aerospace & Defense
  • Media & Entertainment
  • Logistics
  • Others

By Region

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • Spain
  • Italy
  • France
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • Singapore
  • South Korea
  • Thailand
  • Rest of Asia-Pacific
  • Latin America
  • Middle East
  • Africa

Key Market Players

  • ABB Ltd
  • Denso Corporation
  • Fanuc Corporation
  • Kawasaki Robotics (Kawasaki Heavy Industries, Ltd.)
  • Mitsubishi Electric Corporation
  • OMRON Corporation
  • Seiko Epson Corporation
  • Staubli International AG
  • Yaskawa Electric Corporation