GITNUX MARKETDATA REPORT 2024

Industrial Robot Industry Statistics

The Industrial Robot Industry is projected to experience steady growth in the coming years due to increased demand for automation in various sectors such as manufacturing, healthcare, and logistics.

In this post, we will explore the dynamic landscape of the industrial robot industry through a collection of compelling statistics that underscore the rapid growth, diverse applications, and global impact of these advanced robotic systems. From the increasing integration of industrial robots in sectors like food and beverage, to the significant market sizes and projections, and the evolving trends shaping the future of automation, the statistics paint a vivid picture of an industry poised for continued expansion and innovation.

Statistic 1

"The food and beverage industry is increasingly integrating industrial robots, with a growth rate of 15% in new installations in 2021."

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Statistic 2

"The global industrial robot market size was valued at USD 40.45 billion in 2021."

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Statistic 3

"The average price of industrial robots has decreased by about 5% annually over the last 5 years."

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Statistic 4

"The European industrial robot market is projected to grow to USD 10.75 billion by 2028."

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Statistic 5

"China installed around 168,000 industrial robots in 2020, making it the largest market for industrial robots."

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Statistic 6

"The global sales of industrial robots reached 384,000 units in 2021."

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Statistic 7

"Maintenance and operational efficiency are the key drivers for the adoption of industrial robots in the logistics industry."

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Statistic 8

"The industrial robot market is expected to grow at a compound annual growth rate (CAGR) of 10.4% from 2022 to 2028."

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Statistic 9

"The electronics and electrical industry was the second-largest sector for industrial robot demand in 2021."

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Statistic 10

"Industrial robots in the metal and machinery industry accounted for 10% of total robot installations in 2021."

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Statistic 11

"Over 60% of manufacturing companies plan to invest in industrial robots within the next three years."

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Statistic 12

"Over 3 million industrial robots are currently in operation worldwide."

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Statistic 13

"By 2025, the industrial robotics market in India is projected to be worth USD 735 million."

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Statistic 14

"Asia-Pacific accounted for over 60% of the global industrial robot installations in 2021."

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Statistic 15

"The collaborative robot (cobot) segment is expected to grow at the fastest CAGR of 20% from 2022 to 2028."

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Statistic 16

"The automotive industry is the largest consumer of industrial robots, accounting for 33% of the total installations in 2021."

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Statistic 17

"Korea had one of the highest robot densities in manufacturing, with over 900 robots per 10,000 employees in 2020."

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Statistic 18

"Small and medium-sized enterprises (SMEs) are increasingly adopting industrial robots due to falling prices and rising flexibility."

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Statistic 19

"Robotics and automation investment in the U.S. increased by 37% in 2021 compared to the previous year."

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Statistic 20

"In 2020, Japan was the world’s largest industrial robot manufacturer, producing 47% of the total global supply."

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In conclusion, the industrial robot industry is witnessing significant growth and evolution, driven by a multitude of factors such as increasing adoption across various industries, declining prices, and advancements in collaborative robotics. The market size continues to expand globally, with key regions like Europe and Asia-Pacific leading the surge in installations. The statistics highlight a clear trend towards automation and efficiency improvement, with a strong focus on sectors like automotive, electronics, food and beverage, and logistics. Furthermore, the projections for future growth indicate a promising outlook, with a growing number of companies investing in industrial robot technology to enhance productivity and competitiveness in the coming years.

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