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The global industrial service robots market size was valued at USD 14.24 billion in 2024. The market is projected to grow from USD 16.81 billion in 2025 to USD 59.58 billion by 2032, exhibiting a CAGR of 19.8% during the forecast period.
Industrial service robots are specialized, automated machines equipped for performing various tasks in industrial ecosystem. These tasks could include welding, industrial handling, inspection and assembly, thus improving the precision, efficiency, and safety of operations.
The market is growing rapidly due to increasing demand for operational efficiency and workplace safety, surging robotic automation across manufacturing industry, and rising labor costs. Additionally, advancements in technology including IoT, AI and machine learning accelerates the product adoption.
Key players operating in the market include ABB, FANUC, Geek+, GreyOrange, HAI Robotics, Hikrobot, and KUKA. These companies focus on introducing innovative technologies, such as modular systems, AI based solutions and cobots (collaborative robots) to meet the evolving customer needs.
Growing Demand for Automation in Manufacturing Drives the Market Development
The surging adoption of automation across manufacturing operations is prominently driving the industrial service robots market growth. Integrating automation in business operations aids in enhancing efficiency, ensuring consistency across the outputs generated and reduces labor costs. Different industries are embedding service robots to maintain high quality outputs, handle hazardous, high-accuracy and repetitive activities. This therefore enhances the overall business productivity.
Moreover, the advancements in machine learning, AI and sensor technologies has also accelerated the market growth. This has enabled a smarter, safer and cost-efficient robotic processes.
High Implementation Costs and Complex Integration Hampers the Market Growth
One of the major factor deterring the overall market growth is a need for investing substantial capital for adopting industrial service robots. Additionally, the complexity associated with its integration into the current or existing workflow limits companies, particularly small and medium sized from contributing to the market growth. This is majorly due to presence of limited technical and financial resources with such firms.
Expansion in Emerging Industrial Sectors Offers Lucrative Growth Opportunities
Industrial service robots are expanding in different sectors such as electric vehicle production, renewable energy and advanced logistics. This offers a significant opportunity for market to grow and generate high revenue for key players. Additionally, the increasing emphasis of giant companies on adopting smart manufacturing and digital transformation has proved to be a lucrative market opportunity. This has created new avenues for industrial service robot applications, globally.
Integration of Artificial Intelligence and Machine Learning Has Emerged as a Prominent Market Trend
A significant trend reshaping the market is growing integration of technology advancements including including artificial intelligence (AI)and machine learning (ML). Such technologies are transforming the operations of robotics by improving their decision-making capabilities, enabling automated performance and high precision across logistics, manufacturing, and maintenance landscape.
Additionally, AI-driven robotics are capable of analyzing complex data, handling dynamic industrial settings and performing difficult tasks with minimal human interventions and errors. This has enabled product enhancement, reduced operational risks and optimized efficient resource utilization.
Increased Navigation Accuracy, Flexibility, and Ability to Operate in a Dynamic Landscape Boosts Autonomous Mobile Robots (AMRs) Segment Growth
Based on robot type, the market is segmented into Autonomous Mobile Robots (AMRs), Automated Guided Vehicles (AGVs), Collaborative Robots (Cobots), aerial robots, and others.
In 2024, Autonomous Mobile Robots (AMRs) segment held the largest industrial service robots market share and with a revenue share of USD 5.95 billion. The segment also held the highest CAGR of 20.6% in 2024. This growth is due to their navigation accuracy, flexibility, and ability to operate in a dynamic landscape. This has made it crucial in logistics and manufacturing sectors, allowing companies to optimize their material flow, improve workplace safety, and reduce the downtime. Moreover, surged advancements in artificial intelligence, connectivity, and sensor technology has also augmented the segment growth. This has increased their demand for smart factory automation and efficiency intralogistics across various industries.
Growing Demand for Automation in Warehousing and Production Lines to Drive the Material Handling Segment Growth
The market is divided into material handling, inspection & maintenance, packaging and sorting and others, based on application.
Among these, the material handling segment dominated the market with a revenue share of USD 6.97 billion in 2024. The segment also held highest CAGR of 20.2% in 2024. This is majorly due to the demand for automation in warehousing and production lines across various industries. Robots are capable of performing extensive tasks including unloading, loading and transporting materials that help in lowering the labor dependency and enhance the operational efficiency. Additionally, growing need for accurate and fast order fulfillment also promotes the segment’s growth. The surge in investments in automated warehouse systems and e-commerce is also propelling the segment’s expansion.
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Geographically the market is segmented into North America, Europe, Asia Pacific, South America and Middle East & Africa.
The North America region is growing substantially and held a share of USD 2.73 billion in 2023 and USD 3.22 billion in 2024. This growth is driven by the rapid adoption of automation and growing labor costs. Moreover, advancements in technology including AI, IoT, and machine learning in the U.S. also drives the market growth. The U.S. leads the North American market with an expected revenue share of USD 2.94 billion in 2025.
The Europe region is growing substantially with an expected share of USD 4.74 billion in 2025. This growth is attributed to the growing demand for professional service robotics across different industries in the region. Additionally, the presence of different service robot manufacturers in various countries also promote the market growth. U.K., Germany, and Italy are some of the major contributors to the market growth with an expected revenue share of USD 0.72 billion, USD 1.27 billion, and USD 0.47 billion respectively by 2025.
Asia Pacific dominated the market with a share of USD 5.83 billion and held the highest CAGR of 22.5% in 2024. The region is expected to grow with a revenue share of USD 7.02 billion in 2025.
This growth is owing to the increased adoption of automation technologies across manufacturing hubs in Japan, China, and South Korea. Government programs also promote smart manufacturing with the presence of different robot manufacturers augment the regional market growth.
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Additionally, the rapid technological advancements and growing industrial base also contributes to the market growth. This has led to a surge in investments across robotics based production systems and logistics automation. India and China are the major contributors for the market growth with an expected revenue share of USD 2 0.88 billion and USD 3.67 billion by 2025.
South America and Middle East & Africa
The markets of South America and Middle East & Africa are growing with an expected share of USD 0.79 billion and USD 0.47 billion respectively in 2025. This is driven by the growing demand for and modernized techniques and automation across warehouse systems and manufacturing across Gulf countries. GCC countries are predicted to have a market share of USD 0.26 billion by 2025.
Asia Pacific Industrial Service Robots Market Size 2024,(USD Billion)
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Growing Focus of Key Players Focus on Collaboration to Strengthen their Market Positions
The industrial service robots industry is highly competitive with different market players operating in the market. These include ABB, FANUC, Geek+, GreyOrange, HAI Robotics, Hikrobot, and KUKA. These companies adopt different initiatives including investment in innovative technologies, collaborations, new launches, and others to sustain the market competition.
The global report provides a detailed analysis of the market and focuses on key aspects such as prominent companies, deployment modes, types, and end users of the product. Besides this, it offers insights into the industrial service robots market trends and highlights key industry developments and market share analysis for key companies. In addition to the aforementioned factors, the report encompasses several factors that have contributed to the growth of the market over recent years.
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| Attributes | Details |
| Study Period | 2019-2032 |
| Base Year | 2024 |
| Forecast Period | 2025-2032 |
| Growth Rate | CAGR of 19.8% from 2025-2032 |
| Historical Period | 2019-2023 |
| Unit | Value (USD billion) |
| Segmentation | By Robot Type, Application, and Region |
| By Robot Type |
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| By Application |
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| By Region |
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Fortune Business Insights says that the global market stood at USD 14.24 billion in 2024 and is projected to reach USD 59.58 billion by 2032.
The market is expected to exhibit steady growth at a CAGR of 19.8% during the forecast period
Growing Demand for Automation in Manufacturing drives the market growth.
ABB, FANUC, Geek+, GreyOrange, HAI Robotics, Hikrobot, and KUKA are some of the top players in the market.
The Asia Pacific region held the largest market share.
North America was valued at USD 3.22 billion in 2024.
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