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Robotics Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2025-2034

Publisher Global Market Insights
Published Jul 09, 2025
Length 301 Pages
SKU # GMI20284300

Description

The Global Robotics Market was valued at USD 74.8 billion in 2024 and is estimated to grow at a CAGR of 17.1% to reach USD 349.7 billion by 2034. The growth is driven by increasing demand for automation, rising labor costs, and rapid advancements in artificial intelligence and machine learning. Robotics systems are transforming industrial processes, service operations, and consumer applications by enhancing precision, productivity, and safety. The convergence of robotics with IoT, cloud computing, and 5G connectivity is enabling smarter, more adaptable robotic solutions that cater to a wide range of sectors, including healthcare, logistics, and manufacturing.

Global governments are actively promoting robotics innovation through strategic funding, tax incentives, and public-private partnerships aimed at driving digital transformation and building resilient supply chains. Regulatory initiatives that support the safe integration of robots, such as ISO standards and sector-specific safety certifications, are boosting investor confidence and accelerating product development cycles across both industrial and service segments.

The Robotics Market is primarily segmented by type, with Service Robots leading in 2024, generating USD 41 billion in revenue. These robots are increasingly adopted in applications ranging from cleaning, security, and customer service to more advanced tasks in surgery and elderly care. The growth of e-commerce and the demand for contactless operations post-pandemic have significantly accelerated the deployment of service robots in sectors such as retail, hospitality, and healthcare. Enhanced human-machine interaction capabilities and mobile platform integration are further contributing to their widespread adoption.

By payload capacity, robots with up to 16 kg capacity dominated the market, accounting for USD 36.6 billion in 2024. These lightweight robots are primarily used in collaborative settings where space constraints and human interaction are critical factors. Their compact design, energy efficiency, and ease of programming make them ideal for small and medium-sized enterprises (SMEs) as well as healthcare settings. The demand for cobots—robots that work alongside humans—is particularly robust in this payload range, supporting tasks such as pick-and-place, packaging, inspection, and precision assembly.

In terms of application, Material Handling emerged as the largest segment in 2024, contributing USD 14.4 billion to the global robotics market. As companies aim to streamline supply chains, reduce human error, and improve warehouse efficiency, robots are being extensively deployed for tasks like loading/unloading, palletizing, sorting, and order fulfillment. The adoption of robotics in warehouses and distribution centers is further amplified by rising e-commerce volumes, labor shortages, and the demand for 24/7 operations.

The Healthcare & Pharmaceuticals sector led the market by end-use industry, generating USD 10.89 billion in 2024. Robots are playing a critical role in surgical procedures, diagnostics, patient care, drug dispensing, and laboratory automation. Their ability to operate with high precision and hygiene makes them indispensable in high-stakes medical environments. Post-COVID, the sector has witnessed a significant boost in robotic adoption to reduce human contact and enhance procedural efficiency. Mobile robots for hospital logistics and AI-assisted surgical robots are setting new benchmarks for quality and care delivery.

Regionally, the Asia Pacific Robotics Market led the global landscape in 2024, accounting for USD 52.2 billion in revenue. The region's leadership is underpinned by high-tech manufacturing hubs in countries like China, Japan, and South Korea, along with supportive government initiatives such as Made in China 2025 and Japan’s Society 5.0. Strong demand from the automotive, electronics, and semiconductor sectors is fueling industrial robot deployment, while emerging economies in Southeast Asia are rapidly investing in automation to remain globally competitive. Asia Pacific is also witnessing increasing R&D in humanoid and autonomous mobile robots (AMRs), further strengthening its dominance.

Leading players such as ABB Ltd., FANUC Corporation, Yaskawa Electric Corporation, KUKA AG, and Intuitive Surgical are expanding their portfolios through strategic partnerships, AI integration, and vertical-specific solutions. These companies are focused on enhancing robot agility, vision systems, and remote operability to better serve high-growth industries. Initiatives like modular robotics platforms, plug-and-play automation kits, and cloud-connected robotics management are shaping the future of the global robotics ecosystem.

Table of Contents

301 Pages
Chapter 1: Methodology
1.1. Research Design
1.1.1. Research approach
1.1.2. Data collection methods
1.1.3. Base estimates and calculations
1.1.4. Base year calculation
1.1.5. Key trends for market estimates
1.2. Forecast model
1.3. Primary research & validation
1.4. Some of the primary sources (but not limited to):
1.4.1. Inputs from primary interviews:
1.5. Data Mining Sources
1.5.1. Secondary Sources
1.5.1.1. Paid Sources
1.5.1.2. Public Sources
1.6. Sources, by region
Chapter 2: Executive Summary
2.1. Industry snapshot
2.2. Business trends
2.3. Technology trends
2.4. Power Output trends
2.5. Application trends
2.6. End User Industry trends
2.7. Regional trends
2.8. TAM Analysis, 2025-2034 (USD Million)
Chapter 3: Industry Insights
3.1. Industry snapshot
3.1.1. Raw material supplier
3.1.2. Manufacturers
3.1.3. Distributor
3.1.4. End users
3.2. Trump Administration Tariffs Analysis
3.2.1. Trade impact
3.2.1.1. Trade volume disruptions
3.2.1.2. Country-wise response
3.2.2. Industry impact
3.2.2.1. Supply-side impact
3.2.2.1.1. Price volatility in key materials
3.2.2.1.2. Supply chain restructuring
3.2.2.1.3. Production cost implications
3.2.2.2. Demand-side impact (cost to consumers)
3.2.2.2.1. Price transmission to end markets
3.2.2.2.2. Market share dynamics
3.2.2.2.3. Consumer response patterns
3.2.3. Key company impacted
3.2.4. Strategic industry responses
3.2.4.1. Supply chain reconfiguration
3.2.4.2. Pricing and product strategies
3.2.4.3. Policy engagement
3.2.5. Outlook and future considerations
3.3. Vendor matrix
3.3.1. Profit margin analysis
3.4. Technology and Innovation Landscape
3.4.1. Technological innovations
3.4.1.1. Miniaturization and Portability
3.4.1.2. Rapid developments in UV-C as UV-C sanitization
3.5. Patent Analysis
3.6. Key News and Initiatives
3.7. Regulatory landscape
3.7.1. North America
3.7.1.1. ASTM E-3022-18
3.7.1.2. Canadian Standard Associations (CSA)
3.7.1.3. OSHA..
3.7.1.4. National Institute of Standards and Technology (NIST)
3.7.2. Europe
3.7.2.1. The Restriction of Hazardous Substances Directive 2002/95/EC
3.7.2.2. EN 50178
3.7.2.3. CE compliance
3.7.2.4. EN207 (IS 4041/10) standard for laser eye protection
3.7.3. Asia Pacific
3.7.3.1. KC Certification, South Korea
3.7.3.2. Waste Electric and Electronic Equipment Directive 2002/96/EC
3.7.3.3. GB/T 7247-Safety of Laser Products
3.7.3.4. CFR-1040 - Performance Standards for Light-emitting Products
3.7.3.5. JIS C 6802:2005 - Safety Standard for Laser Products (Japan)
3.7.3.6. SNI Mark for Indonesia
3.7.3.7. Certified PSE Mark on Electrical Equipment- Japan
3.7.4. Latin America
3.7.4.1. NR 10.
3.7.4.2. UNIT ISO/IEC 27000
3.7.5. Middle East and Africa
3.7.5.1. Laser and Intense Pulsed Light (IPL) Health Standards
3.7.5.2. Maximum Accessible Emission Limit (AEL)
3.7.5.3. GSO ISO 11670
3.8. Industry impact forces
3.8.1. Growth drivers
3.8.1.1. Increased demand for energy-efficient lighting solutions
3.8.1.2. Rising adoption of UV LED-based disinfection systems
3.8.1.3. Technological advancements and innovations
3.8.1.4. Growing awareness and application of UV LEDs in healthcare
3.8.1.5. Expansion of UV LED applications in industrial processes
3.8.2. Market restraints
3.8.2.1. High initial cost of UV LED technology
3.8.2.2. Limited UV LED wavelength range and output power
3.9. Growth potential
3.10. Porter’s Analysis
3.11. PESTEL Analysis
Chapter 4: Competitive Landscape, 2024
4.1. Competitive Landscape
4.2. Company market share analysis, 2024
4.3. Competitive analysis of the key market players
4.3.1. Seoul Viosys Co., Ltd.
4.3.2. Nichia Corporation
4.3.3. OSRAM Opto Semiconductors GmbH
4.3.4. Crystal IS, Inc.
4.3.5. Nikkiso Co., Ltd.
4.3.6. DOWA Electronics Materials Co., Ltd.
4.3.7. Lumileds Holding B.V.
4.4. Competitive Positioning Matrix
4.5. Strategic Outlook Matrix
Chapter 5: UV LED Market, By Technology
5.1. Key Trends
5.2. UV-A
5.3. UV-B
5.4. UV-C
Chapter 6: UV LED Market, By Power Output
6.1. Key Trends
6.2. Below 1W
6.3. 1W - 5W
6.4. 5W-10 W
6.5. Above 10W
Chapter 7: UV LED Market, By Application
7.1. Key Trends
7.2. UV Curing
7.3. Medical Light Therapy
7.4. Disinfection & Sterilization
7.5. Counterfeit Detection
7.6. Optical Sensing & Instrumentation
7.7. Others
Chapter 8: UV LED Market, By End-User Industry
8.1. Key Trends
8.2. Residential
8.3. Commercial
8.4. Industrial
Chapter 9: UV LED Market, By Region
9.1. Key Trends
9.2. North America
9.3. Europe
9.4. Asia Pacific
9.5. Latin America
9.6. Middle East & Africa (MEA)
Chapter 10: Company Profile
10.1. Bivar
10.1.1. Financial Data
10.1.2. Product Landscape
10.1.3. SWOT Analysis
10.2. Bolb Inc.
10.2.1. Financial Data
10.2.2. Product Landscape
10.2.3. SWOT Analysis
10.3. Boston Electronics Corporation
10.3.1. Financial Data
10.3.2. Product Landscape
10.3.3. SWOT Analysis
10.4. Crystal IS, Inc.
10.4.1. Financial Data
10.4.2. Product Landscape
10.4.3. Strategic Outlook
10.4.4. SWOT Analysis
10.5. DOWA Electronics Materials Co., Ltd.
10.5.1. Financial Data
10.5.2. Product Landscape
10.5.3. SWOT Analysis
10.6. Heraeus Holding GmbH
10.6.1. Financial Data
10.6.2. Product Landscape
10.6.3. SWOT Analysis
10.7. Honle UV America
10.7.1. Financial Data
10.7.2. Product Landscape
10.7.3. SWOT Analysis
10.8. Lumex Inc.
10.8.1. Financial Data
10.8.2. Product Landscape
10.8.3. SWOT Analysis
10.9. Lumileds Holding B.V.
10.9.1. Financial Data
10.9.2. Product Landscape
10.9.3. SWOT Analysis
10.10. Luminus Devices, Inc.
10.10.1. Financial Data
10.10.2. Product Landscape
10.10.3. Strategic Outlook
10.10.4. SWOT Analysis
10.11. Nichia Corporation
10.11.1. Financial Data
10.11.2. Product Landscape
10.11.3. Strategic Outlook
10.11.4. SWOT Analysis
10.12. Nikkiso Co., Ltd.
10.12.1. Financial Data
10.12.2. Product Landscape
10.12.3. SWOT Analysis
10.13. Nitride Semiconductors.Co.,Ltd.
10.13.1. Financial Data
10.13.2. Product Landscape
10.13.3. SWOT Analysis
10.14. OSRAM Opto Semiconductors GmbH
10.14.1. Financial Data
10.14.2. Product Landscape
10.14.3. Strategic Outlook
10.14.4. SWOT Analysis
10.15. Phoseon Technology
10.15.1. Financial Data
10.15.2. Product Landscape
10.15.3. SWOT Analysis
10.16. SemiLEDs Corporation
10.16.1. Financial Data
10.16.2. Product Landscape
10.16.3. SWOT Analysis
10.17. Seoul Viosys Co., Ltd.
10.17.1. Financial Data
10.17.2. Product Landscape
10.17.3. SWOT Analysis
10.18. Stanley Electric Co., Ltd.
10.18.1. Financial Data
10.18.2. Product Landscape
10.18.3. SWOT Analysis
10.19. Toyoda Gosei Co., Ltd.
10.19.1. Financial Data
10.19.2. Product Landscape
10.19.3. Strategic Outlook
10.19.4. SWOT Analysis
10.20. Ushio America, Inc.
10.20.1. Financial Data
10.20.2. Product Landscape
10.20.3. SWOT Analysis
Chapter 11: Appendix
11.1. Market Definitions

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