Commercial Robots’ Market Size is valued at 21.78 billion in 2024 and is predicted to reach 137.82 billion by the year 2034 at a 20.4% CAGR during the forecast period for 2025-2034.
The increasing demand for commercial robotics due to technological improvements and investments in research and development (R&D) in robotics is one of the main drivers fueling the expansion of the worldwide commercial robotics sector. Due to an increase in the use of cutting-edge weapons and robots in the military and defense, as well as an increase in the amount of money invested in the region's defense industry. In addition, several significant market players, increasing deployment of surveillance security robots in the commercial sector, and several technical developments.
Additionally, the market is anticipated that several businesses along the value chain that have made significant investments in developing cutting-edge security solutions that can completely replace human intervention while reducing the average operational cost of security robots will significantly contribute to the global market expansion in the years to come.
The growth of startups, increased expenditures in automation, rigorous government rules on handling hazardous chemicals and products, the introduction of smart factories, and the ongoing shift from manual to robotic procedures are the leading factors driving the global market for commercial robots. Furthermore, the need for security robots is projected to expand due to several security concerns. Advanced automation techniques are expected to be widely used worldwide during the forecast period.
The commercial robot's market is segmented based on type and application. Based on type, the commercial robot's market is segmented as drones, field robots, medical robots, autonomously guided robots and others. Application segment includes medical & healthcare, defense & security, agriculture & forestry, marine and others.
The defense & security category will hold a major share of the global commercial robots' market in 2022. The next stage of military progress is military robots' automation of defense processes. International interaction is facilitated by the Internet's addition of automated systems and networking. The military industry has invested more money in security and surveillance during the previous ten years. Government investment in the defense sector is rising, expanding market expansion prospects. Additionally, growing international tensions are driving up demand for automation in the defense sector.
Automatic Guided Vehicles (AGV) are utilized extensively in automatic logistics systems due to their adaptability and effectiveness. Ongoing process automation in other industry verticals and sectors is driving market expansion. The market expansion is also anticipated to be caused by technological advancement, rising awareness of the benefits of autonomous robots in emerging economies, and expanding application areas for autonomous robots. Over the past several years, the explosive development of the e-commerce industry has been the primary factor fueling demand for AGVs in the logistics industry.
The North American commercial robots' market is predicted to report the most increased market share in revenue shortly. Due to an increase in the use of cutting-edge weapons and robots in the military and defense, as well as an increase in the amount of money invested in the region's defense industry. In addition, several significant market players, increasing deployment of surveillance security robots in the commercial sector, and several technical developments.
In addition, Asia Pacific is projected to grow rapidly in the global commercial robot's market. Numerous industries are fueling the expansion of commercial use. A rise in the preference to make online purchases is anticipated to promote the development of the usage of these robots in the e-commerce business. In contrast, an anticipated labor shortage will broaden their application in the industrial sector. E-commerce companies are using industrial and commercial robots to increase the effectiveness of their supply chains by placing them in their warehouses and distribution centers.
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Report Attribute |
Specifications |
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Market size value in 2024 |
USD 15.38 Bn |
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Revenue forecast in 2034 |
USD 80.05 Bn |
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Growth rate CAGR |
CAGR of 20.4% from 2025 to 2034 |
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Quantitative units |
Representation of revenue in US$ Million, and CAGR from 2025 to 2034 |
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Historic Year |
2021 to 2024 |
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Forecast Year |
2025-2034 |
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Report coverage |
The forecast of revenue, the position of the company, the competitive market statistics, growth prospects, and trends |
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Segments covered |
Type And Application |
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Regional scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; South Korea; Southeast Asia |
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Competitive Landscape |
iRobot Corporation, Kuka AG, 3D Robotics Inc., Omron Adept Technologies Inc., Northrop Grumman Corp., AeroVironment Inc., Honda Motor Company Limited, yaskawa electric corporation, Alphabet Inc., Accuray Inc. |
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Customization scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing and available payment methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Commercial Robotics Market Snapshot
Chapter 4. Global Commercial Robotics Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis of Metaverse Industry
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. COVID-19 Impact on Metaverse Industry
Chapter 5. Market Segmentation 1: By Type Estimates & Trend Analysis
5.1. By Type & Market Share, 2024-2034
5.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following By Type:
5.2.1. Drones
5.2.2. Field Robots
5.2.3. Medical Robots
5.2.4. Autonomous Guided Robotics
5.2.5. Others
Chapter 6. Market Segmentation 2: By Application Estimates & Trend Analysis
6.1. By Application & Market Share, 2024-2034
6.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Application:
6.2.1. Drones
6.2.2. Field Robots
6.2.3. Medical Robots
6.2.4. Autonomous Guided Robotics
6.2.5. Others
Chapter 7. Commercial Robotics Market Segmentation 3: Regional Estimates & Trend Analysis
7.1. North America
7.1.1. North America Commercial Robotics Market revenue (US$ Million) estimates and forecasts By Type, 2021-2034
7.1.2. North America Commercial Robotics Market revenue (US$ Million) estimates and forecasts By Application, 2021-2034
7.1.3. North America Commercial Robotics Market revenue (US$ Million) estimates and forecasts by country, 2021-2034
7.1.3.1. U.S.
7.1.3.2. Canada
7.2. Europe
7.2.1. Europe Commercial Robotics Market revenue (US$ Million) by By Type, 2021-2034
7.2.2. Europe Commercial Robotics Market revenue (US$ Million) estimates and forecasts By Application, 2021-2034
7.2.3. Europe Commercial Robotics Market revenue (US$ Million) by country, 2021-2034
7.2.3.1. Germany
7.2.3.2. Poland
7.2.3.3. France
7.2.3.4. Italy
7.2.3.5. Spain
7.2.3.6. UK
7.2.3.7. Rest of Europe
7.3. Asia Pacific
7.3.1. Asia Pacific Commercial Robotics Market revenue (US$ Million) by By Type, 2021-2034
7.3.2. Asia Pacific Commercial Robotics Market revenue (US$ Million) estimates and forecasts By Application, 2021-2034
7.3.3. Asia Pacific Commercial Robotics Market revenue (US$ Million) by country, 2021-2034
7.3.3.1. China
7.3.3.2. India
7.3.3.3. Japan
7.3.3.4. Australia
7.3.3.5. Rest of Asia Pacific
7.4. Latin America
7.4.1. Latin America Commercial Robotics Market revenue (US$ Million) by By Type, 2021-2034
7.4.2. Latin America Commercial Robotics Market revenue (US$ Million) estimates and forecasts By Application, 2021-2034
7.4.3. Latin America Commercial Robotics Market revenue (US$ Million) by country, (US$ Million) 2021-2034
7.4.3.1. Brazil
7.4.3.2. Rest of Latin America
7.5. Middle East & Africa
7.5.1. Middle East & Africa Commercial Robotics Market revenue (US$ Million) by By Type, (US$ Million)
7.5.2. Middle East & Africa Commercial Robotics Market revenue (US$ Million) estimates and forecasts By Application, 2021-2034
7.5.3. Middle East & Africa Commercial Robotics Market revenue (US$ Million) by country, (US$ Million) 2021-2034
7.5.3.1. South Africa
7.5.3.2. GCC Countries
7.5.3.3. Rest of MEA
Chapter 8. Competitive Landscape
8.1. Major Mergers and Acquisitions/Strategic Alliances
8.2. Company Profiles
8.2.1. Yaskawa Electric Corporation
8.2.2. Northrop Grumman Corporation
8.2.3. Kuka AG
8.2.4. iRobot Corporation
8.2.5. OMRON Corporation
8.2.6. 3D Robotics
8.2.7. Alphabet Inc.
8.2.8. Percepto
8.2.9. Hyundai Motor Company
8.2.10. Intuitive Surgical, Inc.
8.2.11. Analog Devices, Inc.
By Type-
By Application-
By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
