Robotics market sales value worldwide 2017-2021, by region
Overall, the robotics market is set to almost double in size over the five-year period shown. This growth is mainly based on an increasing demand for automation in various industries.
Asia Pacific is the largest market for robotics with estimated 14.95 billion U.S. dollars in 2018, while the Americas and Europe come in second at similar levels. However, due to higher robot investments in the Americas, they are estimated to have a slightly higher market share from 2021 on.
The robotics market includes industrial and service robotics. In industrial robotics, hardware and software are often sold separately, with an increasing tendency to be sold together in the future. The current market therefore does not include the cost of software, peripherals, and systems engineering. Service robots, in contrast, are mainly sold including these accessories, so the calculations regarding service robotics markets include them.
The report on robotics provides further information on the methodology and the global robotics market and application areas of industrial and service robotics.
Asia Pacific is the largest market for robotics with estimated 14.95 billion U.S. dollars in 2018, while the Americas and Europe come in second at similar levels. However, due to higher robot investments in the Americas, they are estimated to have a slightly higher market share from 2021 on.
The robotics market includes industrial and service robotics. In industrial robotics, hardware and software are often sold separately, with an increasing tendency to be sold together in the future. The current market therefore does not include the cost of software, peripherals, and systems engineering. Service robots, in contrast, are mainly sold including these accessories, so the calculations regarding service robotics markets include them.
The report on robotics provides further information on the methodology and the global robotics market and application areas of industrial and service robotics.
