Smart Robots Market size is estimated to reach over USD 76,520.68 Million by 2032 from a value of USD 16,265.98 Million in 2024 and is projected to grow by USD 19,456.72 Million in 2025, growing at a CAGR of 24.6% from 2025 to 2032.
Smart Robots Market Scope & Overview:
Smart robots (SRs) are autonomous systems equipped with AI, machine learning, and IT that enables machines to perform various tasks with minimal human assistance. Further, smart robots consists of various components including sensors, control system, actuators, power supply, and others. Additionally, it has various applications in personal and professional environment, ranging from advanced manufacturing and autonomous surveillance to home assistance and healthcare. Moreover, smart robots are used in various industries including electronics, healthcare, aerospace & defense, automotive, and others.
Rising demand for automation in personal and professional environment are driving the smart robots market growth
The utilization of intelligent robots is driven by the rising demand of automation in various industries including, electronics, aerospace, healthcare, and others. Further, robots enhance operational efficiency, reduce labour costs, and improve precision in tasks such as assembly, surgery, warehouse management, and others.
Additionally, intelligent robots in personal environments assist with household tasks and enhance daily convenience and quality of life. Moreover, the integration of modern technologies such as AI and machine learning allows devices to monitor in real time and make decisions.
For instance, in January 2025, Roborock launched Saros Z70, which is a robotic vacuum with foldable five axis mechanical arm for performing household tasks such as cleaning. The robotic cleaner features smart navigation, enhanced object recognition, and precise mapping for increasing cleaning efficiency.
In addition, in May 2023, Smart Robotics partnered with NPSG Europe Unite, for a joint commitment to transform e-fulfilment with robotics to enhance accuracy, efficiency, and order processing.
Thus, as per the analysis, the rising utilization of intelligent robots in personal and professional environment are further driving the market.
Key Restraints:
High initial costs and maintenance are restraining the smart robots market growth
The upfront investment associated with acquisition and implementation of robotic can be high for businesses, impacting resource allocation and financial planning, while posing a barrier to entry for smaller & medium-sized businesses. Moreover, robots need regular maintenance to prevent technical issues which may arise that often requires skilled technicians to fix them.
Additionally, in industries such as electronics, automotive, and aerospace, investing in advanced equipment such as intelligent robots, technology, and infrastructure requires significant upfront capital for implementing automation systems, purchasing machinery, and training personnel. Thus, as per the analysis, the above factors are further restraining the smart robots market expansion.
Future Opportunities :
Rising adoption for smart robots in healthcare sector is expected to drive the smart robots market opportunities
The utilization of SRs in healthcare sector is driven by increasing need for improved patient care, surgical precision, and operational efficiency. Further, there is a rise in robotic assisted surgeries with improved accuracy and reduced recovery times, while autonomous robots supports tasks such as patient monitoring and drug dispensing. Moreover, medical robots are classified into three categories such as support robots, treatment robots, and medical service robots.
For instance, in June 2023, Aster Medcity launched the fully automated and high precision joint replacement robot for knee replacement surgeries to prevent infection. It uses 3D images for performing personalized surgeries.
Thus, as per the smart robots market analysis, rising utilization of intelligent robots in healthcare facilities for patient monitoring, dispensing medicines, and others is projected to drive the global smart robots market opportunities during the forecast period.
Smart Robots Market Segmental Analysis :
By Type:
Based on the type, the market is segmented into articulated robot, selective compliance articulated robot arm (SCARA) robot, delta robot, cartesian / gantry robot, and others.
Trends in the Type:
There is an increasing trend towards utilization of SCARA robots for various application including manufacturing and assembly.
Increasing utilization of delta robots for dispensing, pick and place, assembly, material handling, packaging robotic applications, and part transfer.
Selective compliance articulated robot arm (SCARA) robot segment accounted for the largest revenue in the total smart robots market share in 2024.
Selective compliance articulated robot arm (SCARA) are lightweight and have small footprints, making them ideal for applications in crowded spaces.
Moreover, SCARA robot is a good and cost-effective option for performing operations between two parallel planes.
Further, SCARA robots is preferred for vertical assembly tasks such as inserting pines without binding due to their vertical rigidity.
For instance, in September 2024, Yamaha Motor Co., Ltd. launched SCARA robot YK-XG series for the assembly and transport of large and heavy objects.
Thus, the rising advancements in SCARA robots are driving the smart robots market trends.
Articulated robot segment is anticipated to register a substantial CAGR growth during the forecast period.
Articulated robot is a type of industrial robot with rotary joints that provide enhanced flexibility and movement similar to a human arm.
Moreover, articulated robot offers extensive range of motion, ability to move with great precision, efficiency, and others.
Additionally, benefits of articulated robots include increased automation, improved production speed, reduced labour costs, and enhanced safety.
For instance, Comau offers articulated robot such as Comau racer5 COBOT in its product offerings. It offers various benefits such as improved life cycle, high repeatability and accuracy, and others.
Thus, the rising utilization of articulated robots in industrial automation is expected to drive the smart robots market trends during the forecast period.
By Component:
Based on the component, the market is segmented into control system, sensors, actuators, power supply, and others.
Trends in the Component:
There is an increasing trend towards utilization of control system for controlling the process or behaviour of device.
Rising adoption of power supply units in robots for converting the electric current from a specific source to power.
Sensors accounted for the largest revenue share of 39.23% in the total smart robots market share in 2024.
Sensors enable robots to perceive their environment by capturing stimuli such as light, sound, and images, allowing for real time interaction.
Further, after the data collected from sensor is processed, the robot’s controller analyses surroundings and relays commands to components, ensuring accurate and adaptive responses in various applications.
For instance, in January 2025, NVIDIA announced early access to omniverse sensor RTX, a suite of APIs designed to provide physically accurate sensor stimulations for autonomous machines.
Thus, the rising advancements related to sensors is further driving the smart robots market size.
Actuators is anticipated to register a substantial CAGR growth during the forecast period.
A smart robot is a movable frame or structure, which has actuators for enabling its motion and functionality.
Additionally, actuators enable movement in SRs by converting control signals into physical motion, allowing precise actions.
Further, actuators are used in various applications including industrial automation, autonomous vehicles for steering control, and others.
For instance, in May 2024, HEBI launched H-Series actuators with onboard IMU, current sensing, and over temperature protection.
Thus, the rising advancements in actuators are further driving the smart robots market size.
Based on the application, the market is segmented into quality assurance, test and calibration, real-time process control, machine monitoring, material handling, manufacturing, and others.
Trends in the Application:
There is an increasing trend towards utilization of intelligent robots for material and component handling such as picking and placing from one place to another.
Rising adoption of intelligent robot for real-time decision making including verifying the dimensions, completeness, and others during manufacture process.
Manufacturing segment accounted for the largest revenue in the total market share in 2024.
Robotics plays a crucial role in modern manufacturing, performing tasks such as part assembly, spraying paints, handling hazardous materials, and welding.
Further, it is used in various industries including automotive and semiconductor industries to enhance productivity, maintain quality, and reduce human intervention.
Moreover, intelligent robots offers various benefits including high performance, improved efficiency, flexibility, and production output.
For instance, in April 2024, TSMC invested USD 65 billion to build a third chip fabrication plant in Phoneix, United States. This is further driving the adoption of intelligent robots in for automating tasks within manufacturing plant.
Thus, the rising adoption of intelligent robots in manufacturing plants are further driving the market.
Quality assurance segment is anticipated to register a substantial CAGR growth during the forecast period.
Smart robots are enabled with cameras and sensors for continuous monitoring of products, ensuring immediate detection of defects or deviations from quality standards.
Further, advanced data analytics help identifying defects which allows manufacturers to take data driven decision making for maintaining consistent product quality.
For instance, in September 2024, MVTec Software GmbH launched MERLIC 5.6, an intuitive no-code SRs software which offers methods for assessing the print quality of 2D data codes and others.
Thus, the rising advancements in intelligent robots technology for maintaining quality control are projected to boost the market during the forecast period.
By End-User:
Based on the end-user, the market is segmented into electronics, healthcare, aerospace & defense, automotive, and others.
Trends in the End-User:
There is an increasing trend towards utilization of advanced robots in aerospace and defense for various applications including space explorations and others.
Rising adoption of intelligent robots in electronics sector for manufacturing components and assembly.
Electronics accounted for the largest revenue in the total market share in 2024.
In electronics sector, intelligent robots are used for enabling automated inspection, quality control, and precision assembly by using image sensors, control systems, and others.
Further, intelligent robot offers various applications including material handling, inspection, pick-&-place, assembly, identification of defects, and others.
For instance, according to the IBEF (India Brand Equity Foundation), investment of USD 1.06 billion had been made under the scheme for promotion of manufacturing of electronic components and semiconductor.
Thus, the rising investments in electronic sector is driving the adoption of intelligent robots for manufacturing electronic components in turn propelling the smart robots market.
Healthcare segment is anticipated to register a substantial CAGR growth during the forecast period.
Intelligent robots improve surgical accuracy, reduce medical errors, and enhance patient outcomes by assisting surgeons in complex procedures.
Moreover, medical robots aid individuals in hospital by providing mobility assistance, rehabilitation support, and others.
Further, intelligent robots are used in various applications including medical tasks such as pill dispensing, diagnostics, patient monitoring, and improving efficiency in healthcare facilities.
For instance, in May 2024, Richtech Robotics launched medbot for streamlining pharmacy operations at healthcare facility, integrated with various features including elevator integration, four storage spaces, large touchscreen display, ultrasonic sensors and cameras, and others.
Thus, the rising utilization of robots in healthcare facilities is projected to boost the smart robots market during the forecast period.
Regional Analysis:
The regions covered are North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.
Asia Pacific region is estimated to reach over USD 21,578.83 Million by 2032 from a value of USD 4,465.36 Million in 2024 and is projected to grow by USD 5,353.41 Million in 2025. Out of this, China accounted for the maximum revenue share of 37.5%. As per the smart robots market analysis, there is an increasing adoption of intelligent robots, particularly in countries such as China, India, and Japan, for quality assurance, automation, real-time process control, monitoring, and others. The rapid development and growing investments in electronics and semiconductor sector are accelerating the smart robots market expansion.
For instance, according to the Ministry of Electronics & IT in India, a semiconductor manufacturing plant was developed by Tata Semiconductor Assembly and Test Pvt Ltd with an overall capacity of producing 48 million semiconductor chips per day. This is further driving the adoption of intelligent robots for automating in semiconductor manufacturing plant, thereby, propelling the market in the Asia-Pacific region.
North America was valued at USD 5,919.72 Million in 2024. Moreover, it is projected to grow by USD 7,077.80 Million in 2025 and reach over USD 27,700.49 Million by 2032.
In North America, the growth of smart robots industry is driven by the rising demand for automation in various sectors. Rising adoption of intelligent robots in healthcare, manufacturing, logistics, and other industries are also driving the market. Further, increasing investments in automotive sector is contributing to the growth in smart robots market demand.
For instance, according to the International Organization of Motor Vehicle Manufacturers (OICA), total number of passenger cars produced in North America reached 3,025,512 units in 2023, a significant rise of 14% as compared to 2,650,980 units 2022. This is further driving the adoption of intelligent robots in automotive manufacturing process, which in turn is driving the market in North America.
Additionally, the regional analysis depicts that the rising investments in manufacturing industry and increasing adoption of automation solutions are driving the smart robots market demand in Europe. Further, as per the market analysis, the primary factor driving the market in the Middle East and African region includes increasing investment in healthcare sector. The rising demand for robotic solutions in logistics, defense, and other industries are driving the market demand in the Latin America region.
Top Key Players and Market Share Insights:
The smart robots market is highly competitive with major players providing products to the national and international markets. Key players are adopting several strategies in research and development (R&D), product innovation, and end-user launches to hold a strong position in the global smart robots market. Key players in the smart robots industry include -
In May 2024, Techman Robot launched TM30S robotic arm, which offers maximum payload capacity of 35kg with a reach of 1702mm across six joints.
Collaborations and Partnerships:
In January 2025, NTT DATA collaborated with ITOCHU Techno-Solutions Corporation and Mitsubishi Chemical Group Corporation to conduct an experiment by using IOWN All-Photonics Network and AI technologies for smart maintenance through remote-controlled robots and AI-driven video analysis.
Smart Robots Market Report Insights :
Report Attributes
Report Details
Study Timeline
2019-2032
Market Size in 2032
USD 76,520.68 Million
CAGR (2025-2032)
24.6%
By Type
Articulated Robots
Selective Compliance Articulated Robot Arm (SCARA) Robots
Delta Robots
Cartesian/Gantry Robots
Others
By Component
Control System
Sensors
Actuators
Power Supply
Others
By Application
Quality Assurance
Test And Calibration
Real-Time Process Control
Machine Monitoring
Material Handling
Manufacturing
Others
By End-User
Electronics
Healthcare
Aerospace & Defense
Automotive
Others
By Region
Asia-Pacific
Europe
North America
Latin America
Middle East & Africa
Key Players
YASKAWA (Japan)
SoftBank Robotics Group (Japan)
ABB (Switzerland)
iRobot (US)
KUKA (Germany)
FANUC (Japan)
Hanson Robotics (China)
BLUE FROG ROBOTICS (France)
Kongsberg Maritime (Norway)
Universal Robots (Denmark)
North America
U.S.CanadaMexico
Europe
U.K.GermanyFranceSpainItalyRussiaBeneluxRest of Europe
APAC
ChinaSouth KoreaJapanIndiaAustraliaASEANRest of Asia-Pacific
The smart robots market was valued at USD 16,265.98 Million in 2024 and is projected to grow to USD 76,520.68 Million by 2032.
Which is the fastest-growing region in the smart robots market? +
Asia-Pacific is the region experiencing the most rapid growth in the smart robots market.
What specific segmentation details are covered in the smart robots report? +
The smart robots report includes specific segmentation details for type, component, application, end-user, and region.
Who are the major players in the smart robots market? +
The key participants in the smart robots market are YASKAWA (Japan), SoftBank Robotics Group (Japan), ABB (Switzerland), iRobot (US), KUKA (Germany), FANUC (Japan), Hanson Robotics (China), BLUE FROG ROBOTICS (France), Kongsberg Maritime (Norway), and Universal Robots (Denmark).
Amit Sati is a Senior Market Research Analyst in the Research team of Consegic Business Intelligence. He has specialization in ICT Domain. He is client-focused, understands multiple research methods, holds strong analytical skills, in-depth presentation, and reporting skills. Amit is industrious with his research work and has sturdy attention to details. He has capability of pattern recognition within statistics, holds strong analytical mind, great training abilities and capability to quickly gel with fellow mates.