Industrial robotics market seen topping $99.49 billion by 2030

The Business Research Company says the industrial robotics market is on track to exceed $99 billion by 2030, powered by automation demand, labor shortages and smart factory investment. Asia-Pacific and China are expected to lead growth, while articulated robots remain the largest product segment.

Why it matters: - Industrial robotics is becoming a core piece of manufacturing automation as companies push to raise output, cut costs and improve consistency. - The market’s projected growth points to broader adoption of robots in automotive, electronics, food and beverage, pharmaceuticals and other factory-heavy industries. - The report also signals where capital spending is concentrating, with Asia-Pacific and China expected to anchor global demand.

What happened: - The Business Research Company published its Industrial Robotics Global Market Report 2026 – Market Size, Trends, And Forecast 2026-2035. - The report says the industrial robotics market is expected to exceed $99.49 billion by 2030. - The market is forecast to grow at a 13% compound annual growth rate through 2030. - Asia-Pacific is projected to be the largest regional market, reaching $51 billion by 2030, up from $27 billion in 2025. - China is expected to be the largest country-level market, rising to $25 billion by 2030 from $14 billion in 2025.

The details: - Industrial robotics is positioned within the broader information technology industry, which the report says will reach $13,788 billion by 2030. - The industrial robotics market is projected to account for nearly 0.7% of that broader IT market. - Articulated robots are expected to lead the market by type, with a 50% share and about $50 billion in value by 2030. - The market is also segmented into cartesian coordinate robots, cylindrical-coordinate robots, spherical coordinate robots, selective compliance assembly robot arm, or SCARA, robots, and other types. - Applications include welding and soldering, material handling, assembling and disassembling, dispensing, processing and other operational uses. - End users include automotive, electrical and electronics, metals and machinery, plastics, rubbers, chemicals, food and beverages, precision engineering and optics, pharmaceuticals and cosmetics. - The report says the articulated robot segment is projected to grow by $22 billion between 2025 and 2030. - Cartesian coordinate robots and SCARA robots are each projected to grow by $9 billion over the same period. - Cylindrical-coordinate robots are projected to grow by $2 billion, spherical coordinate robots by $3 billion and other types by $1 billion. - Combined, the non-articulated robot categories are projected to generate more than $46 billion by 2030. - FANUC Corporation is identified as the market leader with a 7% share in 2025. - Other named competitors include ABB Group, YASKAWA Electric Corporation, Kawasaki Heavy Industries, Seiko Epson Corporation, Denso Corporation, KUKA AG, Mitsubishi Electric Corporation, Universal Robots A/S and Comau SpA. - The top 10 companies are said to account for 26% of total revenue in 2025, indicating a moderately fragmented market. - The report also lists major raw material and component suppliers, including NVIDIA, Intel, AMD, Texas Instruments, STMicroelectronics, Infineon, NXP Semiconductors and others. - Major wholesalers and distributors named in the report include Arrow Electronics, Avnet, Ingram Micro, Tech Data, Synnex, Digi-Key Electronics, Mouser Electronics and RS Components. - Major end users named in the report include Toyota, Tesla, BMW, Volkswagen, Ford, General Motors, Mercedes-Benz, Hyundai, Nissan, Honda, Stellantis, BYD, Foxconn, Apple, LG Electronics, Sony, Flex, Jabil, Caterpillar, Deere, Boeing, Airbus, Procter & Gamble, Unilever and Nestlé.

Between the lines: - Automation adoption is the biggest growth engine because robots can handle repetitive and labor-intensive tasks faster and with fewer errors than human workers. - Labor shortages and rising wages are adding pressure on manufacturers to substitute robotics for hard-to-fill roles. - Industry 4.0 investments are also accelerating demand as manufacturers connect robots with artificial intelligence, industrial internet of things systems, cloud computing and data analytics. - The report says these forces are contributing about 2.0%, 1.5% and 0.8% annual growth, respectively. - The concentration of revenue among the largest companies suggests the market still rewards scale, integration capability and broad product portfolios. - ABB Robotics launched the OmniVance collaborative surface finishing cell in April 2026, featuring intuitive programming, 3D path recording and rapid deployment.

What's next: - The report expects continued demand for collaborative robotics, machine vision, AI-enabled automation and smart factory systems. - Companies are likely to keep investing in flexible automation that improves productivity, safety and quality while reducing dependency on skilled labor. - The Business Research Company says the 2026 edition of its reports includes new market attractiveness scoring, TAM analysis, company scoring matrix graphics and tables, Excel-based forecasting dashboards and market hotspot infographics. - More information is available in the company's announcement.