Articulated Robots Market
The market for Articulated Robots was estimated at $25.8 billion in 2024; it is anticipated to increase to $65.8 billion by 2030, with projections indicating growth to around $144 billion by 2035.
Global Articulated Robots Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Articulated Robots industry revenue is expected to be around $30.2 billion in 2025 and expected to showcase growth with 16.9% CAGR between 2025 and 2034. Their ability to combine precision with speed and adaptability has revolutionized production processes beyond what traditional automation could achieve established a presence, in the market.
Articulated robots are robotic arms that imitate the movement range of the human arm and have revolutionized manufacturing processes in ways never thought possible before their inception. In addition to their precision in movement control they are reshaping operational effectiveness through their extensive reach and flexibility allow for the execution of intricate tasks with enhanced precision. Significantly there has been an increase in the use of articulated robots in industries such, as automotive and electronics manufacturing that demand precise operations.
Market Key Insights
- The Articulated Robots market is projected to grow from $25.8 billion in 2024 to $123 billion in 2034. This represents a CAGR of 16.9%, reflecting rising demand across Assembly Line Automation, Material Handling and Painting and Coating.
- ABB Ltd, Kawasaki Heavy Industries Ltd, Mitsubishi Electric Corporation are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Articulated Robots market and are expected to observe the growth CAGR of 16.2% to 23.7% between 2024 and 2030.
- Emerging markets including Indonesia, Brazil and South Africa are expected to observe highest growth with CAGR ranging between 12.7% to 17.6%.
- Transition like Shift towards IoT and AI Integration is expected to add $4 billion to the Articulated Robots market growth by 2030.
- The Articulated Robots market is set to add $97.2 billion between 2024 and 2034, with manufacturer targeting Electrical & Electronics & Plastics & Rubber Industry Application projected to gain a larger market share.
- With Growth in automation industries, and Rising focus on worker safety, Articulated Robots market to expand 377% between 2024 and 2034.