Asia-Pacific Industrial Robots Market Size (2024 - 2029)

Asia-Pacific Industrial Robots Market Analysis

The Asia-Pacific Industrial Robots Market size is estimated at USD 32.57 billion in 2024, and is expected to reach USD 58.17 billion by 2029, growing at a CAGR of 12.30% during the forecast period (2024-2029).

The applications of robotics are growing at a breathtaking speed. Industrial robotic arms could be used for a wide range of applications based on the multitude of sensors and vision systems capable of viewing images to aid with their computer-based control.

• Most of the industrial sectors are witnessing trends, i.e., the rising demand for high-quality products (which need proper end-to-end visibility in the manufacturing process), the need for energy conservation, and the rising focus on workplace safety. Incremental advancements in technology, coupled with the sustained increase in the development of manufacturing facilities, are also expected to drive this market.
• Trends, such as rising penetration of the IoT and investments in robotics across multiple regions, are expected to drive the demand for industrial robots in the market. Industry 4.0, the newest industrial revolution, fuelled the development of new technologies, like collaborative robots and AI-enabled robots, etc., that enabled industries to use robots to streamline many processes, increase efficiency, and eliminate errors. Increased workplace safety and improved production capabilities further drive industries to invest in robotic systems.
• Industrial robot adoption is evident across the automotive space and extends to the consumer goods market, owing to the demand for industrial robots and the business goals of the market players. According to a survey conducted by Veo Robotics Inc., 57% of global manufacturers believe that instead of replacing human workers, they should work alongside humans to supplement their work in their facilities. Such instances in the market are expected to promote the demand and applications of industrial robots.
• This trend was dominated by positive market developments and the growing adoption of industrial robots in the electrical/electronics industry. 
• The growing demand and production of solar panels, electrical machinery, semiconductors, household appliances, computers, video and electronic entertainment goods, and telecommunication devices have also been pushing manufacturers to adopt industrial robots for effective and cost-effective productions at a larger scale. Various companies have been undertaking various initiatives in the market, intending to strengthen their presence in the market.

Asia-Pacific Industrial Robots Industry Segmentation

An industrial robot is a robotic system used for manufacturing. Industrial robots are automated, programmable, and capable of movement on three or more axis. The typical applications of robots include welding, painting, assembly, picking, and placing for packing and labeling, palletizing, product inspection, and testing, all accomplished with high endurance, speed, and precision.

The Asia-Pacific industrial robots market is segmented by product category (articulated, SCARA, cartesian/linear/gantry, parallel/delta, other product categories (cylindrical and spherical)), by end user vertical (automotive, electronics/electrical, plastic and chemical, metal & machinery, food, beverages, and tobacco, other manufacturing verticals, and other non-manufacturing verticals), and by country (China, India, Korea, Australia & New Zealand, Japan, Indonesia, Malaysia, Singapore, Thailand, Vietnam, and Rest of Asia-Pacific). The market sizes and forecasts are provided in terms of value in USD for all the above segments.