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Robotics & Automation

Automated systems and robots for industrial and commercial applications

Market Size
$90.2B
Growth Rate
15% CAGR
Projected
$205.5B (2030)

Source: GlobalData. Figures checked October 21, 2026.

Market Overview

Market Size

$90.2B (2024). Source: GlobalData (reported by Trade & Industry Development), GlobalData Forecast: Global Robotics Market to Reach $205.5 Billion by 2030.

Projection

$205.5B (2030) (2024-2030).

Scope and other estimates

Includes industrial and service robots. ABI Research, counting robot hardware only, puts the 2024 market at $44.9B.

Description

Industrial robots, autonomous systems, humanoid robots

Key Technology Segments

Industrial Robots

Automated systems for manufacturing

TRL Range: TRL 8-9Market Size: $16.5B in robot installations (record high) (International Federation of Robotics)
Key Players: Fanuc, ABB Robotics (being sold to SoftBank), KUKA (Midea Group), Universal Robots (Teradyne)

Key Players and Research Institutions

Fanuc

enterprise

Industrial robots, CNC systems and factory automation.

Public (Tokyo: 6954)

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ABB Robotics

enterprise

Industrial robots and automation. ABB agreed in October 2025 to sell the division to SoftBank Group for $5.375B, with closing expected in mid-to-late 2026.

Division of ABB (pending sale to SoftBank)

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KUKA

enterprise

Industrial robots and automation systems, wholly owned by Midea Group since 2022.

Subsidiary of Midea Group

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MIT

university

Research institution with leading robotics and AI programs.

Commercialization Pathways

Licensing

medium feasibility

Robotics IP can be licensed to manufacturers.

Spinout

high feasibility

Strong startup ecosystem for robotics innovations.

Partnership

high feasibility

Partnerships with industrial companies are common.

Regulatory Considerations

  • •Safety standards
  • •AI regulations
  • •Workplace safety

Frequently Asked Questions

What is the market size for robotics & automation?

GlobalData estimates market size at $90.2B (2024), reaching $205.5B (2030) (15% CAGR). Includes industrial and service robots. ABI Research, counting robot hardware only, puts the 2024 market at $44.9B.

What are the main commercialization pathways for robotics & automation?

The primary commercialization pathways include spinout, partnership. Spinouts are particularly viable given strong investor interest.

Which universities are leading in robotics & automation research?

Leading universities in robotics & automation include MIT, Stanford, CMU, and others. These institutions have strong research programs and commercialization track records in this area.

What are the key technology segments in robotics & automation?

Key technology segments include Industrial Robots. These segments represent different areas of innovation and market opportunity within the broader robotics & automation category.