GITNUX MARKETDATA REPORT 2024

Must-Know Robotics Statistics [Recent Analysis]

🔥 Brand New

Our Free Guide: Master the Art of AI-Assisted Research

In our guide, we’ll show you how small tweaks and additions to your research process with AI can significantly improve your academic work.

Highlights: Robotics Statistics

  • By 2025, the global industrial robotics market is projected to be worth $42 billion.
  • The expected average annual growth rate of the robotics market between 2020 and 2025 is 25.4%.
  • Packaging and palletizing tasks are expected to see a growth in robot use of 24% by the end of 2023.
  • There are over 5,000 robot-assisted surgeries being performed every week globally.
  • In 2021, it is expected that the market for agricultural robots will rise to $5.5 billion.
  • The global medical robot market is anticipated to be worth over $12 billion by 2025.
  • In 2020, the worldwide sales of domestic robots reached $3.7 billion.
  • 82% of businesses that have adopted robotics within their production processes have seen improvements in safety and quality.
  • In 2020, China accounted for 44% of total robotic sales, selling approximately 156,000 units.
  • The estimated worldwide stock of operational robots is almost 3 million units by the end of 2020.
  • It is estimated that by 2030, up to 20 million robot-assisted manufacturing jobs will be created.
  • In 2020, the global logistics robotics market value reached $15.2 billion.
  • The global market for service robotics is anticipated to hit $44.4 billion by 2026.
  • The collaborative robot market is projected to reach $8.4 billion by 2025, growing at a CAGR of 42.7%.
  • Automotive robotics market size is expected to rise to over $16 billion by 2026.
  • The average price of an industrial robot has dropped by more than 50% since 1990.
  • In 2019, robots were responsible for the assembly of over 50% of electronics worldwide.

Discover our favorite AI Writing Tool

Speed up your source research process with AI

Jenni's AI-powered text editor helps you write, edit, and cite with confidence. Save hours on your next paper

Table of Contents

The robotics industry is rapidly growing and evolving, with the global market expected to reach $74.1 billion by 2026. By 2025, the industrial robotics market is projected to be worth $42 billion, while the average annual growth rate of this sector between 2020 and 2025 stands at 25.4%. It is estimated that there will be 4 million commercial robots in use worldwide by 2022, with packaging and palletizing tasks seeing a 24% increase in robot usage by 2023. Additionally, over 5,000 robot-assisted surgeries are being performed every week globally as well as an anticipated rise of agricultural robots’ market value up to $5.5 billion in 2021; medical robotic markets reaching over 12$billion by 2025; domestic robots sales hitting 3.7$billion last year; 82% businesses having seen improvements on safety & quality after adopting robotics within their production processes; China accounting for 44% total robotic sales (156 000 units) in 2020 ; almost 3 million operational robots stock worldwide at end of 2020 ; manufacturing industry representing more than 60 % of Robotics Market ; up to 20 millions jobs created thanks to Robot Assisted Manufacturing process until 2030 ; Logistics Robotics Market Value rising from 15 2 billions dollars last year , Service Robotics Markets anticipating 44 4 billions dollar revenues before 2026 , Automotive Robotic Markets expecting 16 billions dollars incomes before 2026 , Average Price Industrial Robots dropping 50 % since 1990 & Electronics Assembly Processes using more than 50 % Robots Worldwide .

The Most Important Statistics
By 2025, the global industrial robotics market is projected to be worth $42 billion. This statistic is a testament to the immense potential of the robotics industry. It shows that the market for industrial robotics is expected to grow exponentially in the coming years, indicating that robotics technology is becoming increasingly important in the global economy. This is an important point to consider when discussing the impact of robotics on the world today and in the future. The expected average annual growth rate of the robotics market between 2020 and 2025 is 25.4%. This statistic is a crucial indicator of the potential of the robotics market in the coming years. It provides insight into the expected rate of growth of the robotics market, which can be used to inform decisions about investments, research and development, and other strategies related to robotics. As such, it is an invaluable piece of information for anyone interested in the robotics industry.

Robotics Statistics Overview

Packaging and palletizing tasks are expected to see a growth in robot use of 24% by the end of 2023.

This statistic is a clear indication that robotics technology is becoming increasingly prevalent in the packaging and palletizing industry. By 2023, the use of robots in these tasks is expected to skyrocket, suggesting that robotics is becoming an integral part of the industry. This is an important development for businesses in the sector, as it could lead to increased efficiency and cost savings.

There are over 5,000 robot-assisted surgeries being performed every week globally.

This statistic is a testament to the incredible impact robotics is having on the medical field. It shows that robot-assisted surgeries are becoming increasingly commonplace, and that the technology is being embraced by medical professionals around the world. This is a clear indication that robotics is revolutionizing the way surgeries are performed, and that it is here to stay.

In 2021, it is expected that the market for agricultural robots will rise to $5.5 billion.

This statistic is a testament to the growing importance of robotics in the agricultural industry. It shows that the market for agricultural robots is expected to skyrocket in 2021, indicating that more and more farmers are turning to robotics to help them with their operations. This is a clear sign that robotics is becoming an increasingly integral part of the agricultural industry, and it is likely to continue to grow in the coming years.

The global medical robot market is anticipated to be worth over $12 billion by 2025.

This statistic is a testament to the immense potential of robotics in the medical field. It shows that the market for medical robots is expected to grow exponentially in the coming years, indicating that robotics technology is becoming increasingly important in the healthcare industry. This is an important point to consider when discussing the impact of robotics on the medical industry, and it is a statistic that should not be overlooked.

In 2020, the worldwide sales of domestic robots reached $3.7 billion.

This statistic is a testament to the growing popularity of domestic robots, demonstrating that the robotics industry is booming. It shows that more and more people are investing in robots to help with everyday tasks, from vacuuming to lawn mowing. This statistic is a clear indication that robotics technology is becoming increasingly accessible and useful to the average consumer.

82% of businesses that have adopted robotics within their production processes have seen improvements in safety and quality.

This statistic is a testament to the power of robotics in the production process. It shows that businesses that have adopted robotics have seen tangible improvements in safety and quality, making it a worthwhile investment. This statistic is a great example of how robotics can be used to improve the efficiency and effectiveness of production processes, and it is a valuable piece of information for readers of the blog post to consider.

In 2020, China accounted for 44% of total robotic sales, selling approximately 156,000 units.

This statistic is a testament to the immense impact China has had on the robotics industry. It demonstrates that China is a major player in the robotics market, with a staggering 44% of total robotic sales coming from the country. This statistic is indicative of the immense potential of the robotics industry, and the potential for further growth in the future.

The estimated worldwide stock of operational robots is almost 3 million units by the end of 2020.

This statistic is a testament to the incredible growth of robotics technology in recent years. It shows that robots are becoming increasingly commonplace in our lives, and that the industry is rapidly expanding. This statistic is a clear indication that robotics is becoming an integral part of our lives, and that it is here to stay.

It is estimated that by 2030, up to 20 million robot-assisted manufacturing jobs will be created.

This statistic is a testament to the potential of robotics to revolutionize the manufacturing industry. By 2030, up to 20 million jobs could be created through the use of robot-assisted manufacturing, indicating a massive shift in the way goods are produced. This could have a huge impact on the global economy, as well as the lives of those employed in the manufacturing sector.

In 2020, the global logistics robotics market value reached $15.2 billion.

This statistic is a testament to the growing importance of robotics in the logistics industry. It shows that businesses are increasingly turning to robotics to streamline their operations and increase efficiency. This is a clear indication that robotics is becoming an integral part of the logistics industry, and that its use is only going to increase in the future.

The global market for service robotics is anticipated to hit $44.4 billion by 2026.

This statistic is a testament to the growing importance of service robotics in the global market. It shows that the demand for service robotics is increasing, and that the industry is expected to experience significant growth in the coming years. This is an important indicator of the potential of robotics technology and its potential to revolutionize the way we live and work. It is also a sign of the increasing acceptance of robotics in our society, and the potential for robotics to become a major part of our lives in the near future.

The collaborative robot market is projected to reach $8.4 billion by 2025, growing at a CAGR of 42.7%.

This statistic is a testament to the immense potential of the collaborative robot market, indicating that it is set to experience a remarkable growth in the coming years. With a CAGR of 42.7%, this statistic is a clear indication that the robotics industry is on the rise and is likely to become a major player in the global economy. This makes it an important statistic to consider when discussing the current and future state of robotics.

Automotive robotics market size is expected to rise to over $16 billion by 2026.

This statistic is a testament to the growing importance of robotics in the automotive industry. As the market size for automotive robotics is expected to skyrocket over the next few years, it is clear that robotics technology is becoming increasingly integral to the automotive industry. This statistic is a clear indication that robotics is becoming an increasingly important part of the automotive industry, and it is likely to have a major impact on the industry in the years to come.

The average price of an industrial robot has dropped by more than 50% since 1990.

This statistic is a testament to the incredible progress made in the robotics industry over the past three decades. It shows that the technology has become more accessible and affordable, allowing more businesses to benefit from the advantages of automation. This is a major milestone in the development of robotics and a sign of the potential for further growth in the industry.

In 2019, robots were responsible for the assembly of over 50% of electronics worldwide.

This statistic is a testament to the incredible progress that robotics has made in the past few years. It shows that robots are now capable of performing complex tasks with precision and accuracy, making them invaluable in the production of electronics. This statistic is a clear indication that robotics is becoming an increasingly important part of the global economy, and it is likely to continue to grow in the future.

Conclusion

The global robotics market is expected to experience significant growth in the coming years, with a projected value of $74.1 billion by 2026 and an average annual growth rate of 25.4% between 2020 and 2025. By 2022, it is estimated that there will be 4 million commercial robots in use worldwide across various industries such as manufacturing, logistics, agriculture, medical care and domestic services. Packaging and palletizing tasks are expected to see a 24% increase in robot usage by 2023 while over 5 thousand robot-assisted surgeries are being performed every week globally. The automotive robotics market size is anticipated to reach over $16 billion by 2026 while the collaborative robot market could hit $8.4 billion within the same timeframe due to its increasing affordability – dropping more than 50% since 1990 – making it accessible for businesses around the world looking for cost-effective solutions that improve safety and quality standards at their production sites or facilities where human labor may not be feasible or desirable anymore..

References

0. – https://www.mordorintelligence.com

1. – https://www.bcg.com

2. – https://www.pwc.com

3. – https://www.marketwatch.com

4. – https://www.adlittle.com

5. – https://www.prodways.com

6. – https://www.abiresearch.com

7. – https://www.grandviewresearch.com

8. – https://www.idtechex.com

9. – https://www.globenewswire.com

10. – https://www.ifr.org

11. – https://www.marketsandmarkets.com

12. – https://www.mckinsey.com

ZipDo, cited June 2023: Robotics Statistics

Srive – Robotics Statistics

FAQs

What is the main purpose of robotics?

The main purpose of robotics is to design, create, and operate machines (robots) that can perform tasks autonomously or semi-autonomously to improve efficiency, accuracy, and work in environments that may be hazardous for humans.

What are the three different types of robots based on their interaction and collaboration with humans?

The three types of robots are (1) Coexistence Robots - working independently without collaboration; (2) Cooperative Robots - working together with humans mutually; and (3) Collaborative Robots (Cobots) - designed to directly interact with humans within a shared workspace.

How do robots perceive their environment and make decisions?

Robots are equipped with sensors (such as cameras, LIDAR, or tactile sensors) to gather data from their environment. This data is then processed and interpreted by their built-in algorithms and machine learning capabilities, allowing them to make decisions based on their objectives and the conditions of the environment.

What are the four main components of a robot system?

The four main components of a robot system are (1) Mechanical structure - includes the frame, actuators, joints, and end-effectors; (2) Power source - supplies energy for motion and operation; (3) Control system - both hardware and software, guides the robot's movement and functions; and (4) Sensing and perception system - allows the robot to gather data and detect its surroundings.

What industries are using robotics, and what are some examples of applications?

Robotics is widely used across numerous industries, including manufacturing, healthcare, agriculture, logistics, military, space, and service sectors. Example applications include assembly lines, robotic surgery, unmanned aerial vehicles (drones), automated warehousing, robotic vacuum cleaners, and planetary rovers.

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

Table of Contents

... Before You Leave, Catch This! 🔥

Your next business insight is just a subscription away. Our newsletter The Week in Data delivers the freshest statistics and trends directly to you. Stay informed, stay ahead—subscribe now.

Sign up for our newsletter and become the navigator of tomorrow's trends. Equip your strategy with unparalleled insights!