How big is the robotics market?

According to Verified Market Research, the Global Smart Robot Market size was valued at USD 4.83 Billion in 2018 and is projected to reach USD 26.25 Billion by 2026, growing at a CAGR of 23.6% from 2019 to 2026.Sep 30, 2021

What is the situation at the robotics world market?

Market Overview

The Global Robotics Market was valued at USD 27.73 billion in 2020 and is expected to reach USD 74.1 billion by 2026, registering a CAGR of 17.45%, during the period of 2021-2026, curbing the COVID-19 involved utilization of various robot technologies such as cleaning and disinfection service robots.

What is the value of the robotics industry?

Global industrial robotics market revenue 2018-2028

The global market for industrial robots was sized at about 43.8 billion U.S. dollars in 2021. The market is expected to grow at a compound annual growth rate (CAGR) of around 10 percent, reaching almost 70.6 billion U.S. dollars by 2028.
Nov 9, 2021

What is the future of robotics?

The robotics industry is expected to grow significantly over the coming years. Estimates suggest that the sector could be worth as much as $260 billion by 2030. Much of this growth will come from professional services robots that perform useful tasks for humans, such as cleaning, delivering, and transporting.Nov 5, 2021

Is robotics a good career?

The Robotics Engineer Salary

Robotics engineers aren't just well compensated. They're some of the happiest tech workers around, thanks to skills utilization and their work environments. When surveyed, they rated an average of 4.2 out of 5, putting them in the top 4% of careers.
Jul 30, 2020

Does robotics need coding?

Programming is a key skill to develop for working in robotics. In this step, we'll introduce programming, the important languages, and how you can get started with tools like Arduino and Raspberry Pi.

How big is the artificial intelligence market?

The global artificial intelligence market size was valued at USD 62.35 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 40.2% from 2021 to 2028.

How many people is employed in the robotics industry?

The robotics industry already employes about 150,000 people worldwide in engineering and assembly jobs. The number of robotic units sold in 2020 rose to 465,000. Between 2020 and 2022, there would be a 12% increase in shipments of robots worldwide.

What industry does robots fall?

Robotics is a branch of mechanical engineering, electrical engineering and computer science that deals with the design, construction, operation, and application of robots, as well as computer systems for their control, sensory feedback, and information processing.

How fast are robots growing?

Frankfurt, Sep 24, 2020 — The new World Robotics 2020 Industrial Robots report shows a record of 2.7 million industrial robots operating in factories around the world – an increase of 12%.Sep 24, 2020

image-How big is the robotics market?
image-How big is the robotics market?

What companies make industrial robots?

  • ABB. You can usually recognize an ABB robot by its white color with distinctive red logo. ...
  • Fanuc. You can usually recognize a Fanuc robot by its bright yellow color. ...
  • KUKA. You can usually recognize a KUKA robot by its distinctive orange color. ...
  • Yaskawa. ...


Who makes robots for manufacturing?

  • Kawasaki Robotics is a leading manufacturer of industrial robots and robotic automation systems with a broad product portfolio. The company provides the robotic solution for Aerospace, Life Sciences, Automotive, Machinery, Electronics, Metal Manufacturing, Food & Beverage, Plastics & Rubber, Foundry, and Semiconductor Industries.


What are mobile industrial robots?

  • Mobile industrial robots are pieces of machinery that are able to be programmed to perform tasks in an industrial setting. Typically these have been used in stationary and workbench applications; however, mobile industrial robots introduce a new method for lean manufacturing.

Share this Post: