Global robotics market will triple to $275bn by 2025 driven by cheaper, smarter machines

7 May 2019

GlobalData Report Store

Our latest Technology Thematic Research report, ‘Robotics’, reveals that the robotics industry will grow at a compound annual growth rate (CAGR) of 16% between 2018 and 2025, with annual growth peaking at 17% in 2022.

The next five years will see rapid growth in cloud-based robot services for armies of installed robots and for robots hired on an as-needed basis, especially by small and medium-sized enterprises, triggering new demand drivers. Despite concern over the future of human jobs and identity, momentum is unlikely to stall for at least the next five years as organizations globally seek boosts to sagging productivity in manufacturing and services across both the public and private sectors.

 

Why should I buy this report?

  • This report provides an overview of the global robotics market, highlighting the leading players across segments like software components, hardware components, and robot manufacturers, as well as identifying key emerging players.
  • It provides growth forecasts for the global robotics industry and information on merger and acquisition activity.
  • The value chain splits the robotics industry into three core segments: robot manufacturers, robot brains, and robotic components.



Privacy Policy
We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.