ISMR May 2026 | Page 34

FOCUS ON AUTOMATION

Image: TRUMPF.
Image: TRUMPF.

AUTOMATE TO ACCUMULATE

Global market forecasts, key growth trends, changing applications, technology advances and new requirements for industrial robotics come under the spotlight.

“ Automation is becoming more important as companies seek solutions to increase productivity, strengthen supply chains and respond to structural labour shortages.”

According to analysis by Fortune Business Insights, the global industrial robotics market was valued at US $ 21.94 billion in 2025 and is projected to grow from US $ 24.43 billion in 2026 to US $ 77.36 billion by 2034, exhibiting a CAGR of 15.5 % during the forecast period. The Asia- Pacific region dominated the market, with a market share of 48.7 % in 2025.

“ The industrial robot market is driven by several factors, such as the rising usage of robots and smart manufacturing processes in industrial sectors which, in turn, leads to rising demand for automated robots and drives growth of the industrial robot market. The rising penetration of Industry-4.0 practices and the growing trend of electric automobiles across the globe also drive growth of the global market,” commented the analyst.
The‘ World Robotics 2025’ statistics on industrial robots, from the International Federation of Robotics( IFR), showed 542,000 robots installed in 2024( more than double the number ten years previously). Annual installations topped 500,000 units for the fourth straight year. Asia accounted for 74 % of new deployments in 2024, compared to 16 % in Europe and 9 % in the Americas.
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