Asia-Pacific Robotics Market Overview:
Asia-Pacific robotics market size was valued at USD 29.5 billion in 2022. The robotics industry is projected to grow from USD 33.27 Billion in 2023 to USD 87.2 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 12.80% over the projected period (2023 - 2032). Increased focus on efficient & effective software solutions, increasing R&D investments towards robotics, and rising demand to increase the throughput of warehouse operations are the major market drivers driving the robotics market in Asia-Pacific.
Source: Secondary Research, MRFR Database, Primary Research, and Analyst Review
Asia-Pacific Robotics Market Trends
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Rising demand of service robots drives market growth.
The Asia-Pacific robotics market CAGR is expanding due to the escalating prevalence of service robots. As automation continues to evolve, service robots find applications across industries, from healthcare to manufacturing. The robotics market is experiencing unprecedented growth, driven by advancements in AI, machine learning, and sensor technologies. This surge reflects a global shift towards automated solutions, enhancing efficiency and productivity in various sectors and shaping a transformative landscape for industries and consumers alike. Warehouses expand to meet the need for home delivery. There is potential for several e-commerce segments, with the most recent generation picking robots and AGVs. They seem to be incredibly well adapted for fulfillment operations involving large numbers of small orders for large stock-keeping units scattered over large warehouse zones.
Furthermore, research and development focus on developing automation solutions tailored to industry needs and requirements. The market's product invention rate is further accelerated by the expanding number of surgeries supported by medical robot systems, which is driving the robotics market revenue. A strong emphasis on research and development ensures sustained competitiveness in the dynamic robotics industry, where advancements drive rapid evolution and market leadership. For instance, in August 2022, the Da Vinci Xi Surgical Robot, India's most cutting-edge technologies, was presented at Max Super Speciality Hospital, Mohali. The opening of the ground-breaking Da Vinci Xi Surgical Robot is just another patient-focused move created by healthcare providers to provide patients access to high-quality medical maintenance.
Asia-Pacific Robotics Market Segment Insights:
Robotics Type Insights
The Asia-Pacific robotics market segmentation, based on type, includes industrial robots, sortation systems, conveyors, palletizers, automated storage and retrieval systems (ASRS), and mobile robots {AGVs and AMRS}. The industrial robots segment dominated the market as automation became integral to manufacturing processes. Industrial robots, equipped with advanced sensors and programming, enhance efficiency, reduce labor costs, and improve precision in tasks such as welding, assembly, and packaging. With increasing demand for smart factories, collaborative robots, and AI-driven automation, the global robotics market is thriving. This transformative technology continues to redefine industrial production landscapes, offering innovative solutions to enhance productivity and maintain competitiveness in diverse industries. However, palletizers are the fastest-growing category due to the increasing demand for automation in industries. Palletizing robots efficiently handle and arrange products on pallets, enhancing operational efficiency. This market expansion reflects the ongoing trend of automation adoption across diverse sectors, optimizing production and logistics processes.
Robotics Function Insights
The Asia-Pacific robotics market segmentation, based on function, includes industrial storage, packaging, trans-shipments, and other functions. The trans-shipments segment dominated the market due to the growing demand for automated robots for improved efficiency and reduced costs in logistics. As global trade escalates, the demand for efficient and precise cargo handling intensifies. Robotics streamline trans-shipment processes, enhancing speed, accuracy, and scalability. This synergy propels the robotics market forward, reshaping the future of supply chain management and trade logistics. However, storage is the fastest-growing category due to the increasing need for streamlined logistics and warehousing processes, spurring the adoption of robotic systems integrated with advanced storage solutions to enhance operational efficiency and meet growing customer expectations.
Figure 1: Asia-Pacific Robotics Market, by Function, 2022 & 2032 (USD Billion)
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Robotics End-User Insights
The Asia-Pacific robotics market segmentation, based on end-users, includes food & beverage, automotive, retail, electrical & electronics, pharmaceuticals, and others. Pharmaceuticals hold a major market share due to the need for increased efficiency, precision, and automation in drug manufacturing and distribution. Robotics streamline processes, enhance quality control, and reduce operational costs, fostering innovation in pharmaceuticals. This convergence represents a pivotal driver for advancements in drug development and production, shaping the future of the pharmaceutical industry. However, automotive is the fastest-growing category owing to the increasing demand for autonomous vehicles, advanced driver assistance systems (ADAS), and smart manufacturing processes. Technological advancements, such as AI and machine learning, are key drivers in enhancing vehicle safety and manufacturing efficiency.
Robotics Country Insights
The robotics market in the Asia Pacific is witnessing robust growth driven by rising automation, particularly in Japan, China, and India. As the people and disposable income of individuals rise, so does the demand for customer goods and other items, resulting in expanded production capacity, which adds to the expansion of this industry. Similarly, there is a growing requirement for bespoke machinery and autos, which necessitates increased accuracy and rapid manufacturing capacity. The usage of robots in industrial applications is expanding in order to keep up with demand, further extending the global market share.
Figure 2: ASIA-PACIFIC ROBOTICS MARKET SHARE BY COUNTRY 2022 (USD Billion)
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Asia-Pacific Robotics Key Market Players & Competitive Insights
Leading market participants are investing heavily in research and development to extend their product lines, which will allow the robotics market to grow even more. Market participants are also undertaking numerous strategic activities to extend their footprint, with significant market outcomes including new product expansions, contractual agreements, mergers and acquisitions, more elevated investments, and collaboration with other organizations. The robotics industry must offer cost-effective items to enhance and survive in a more competitive, expanding market climate.
Major participants in the robotics market are attempting to expand market needs by investing in research and development operations, including ABB Limited, Kiva Systems, Singapore Technologies Engineering Ltd, InVia Robotics Inc., Fanuc Corporation, Honeywell International Inc., Toshiba Corporation, Omron Adept Technologies, Yaskawa Electric Corporation, Kuka AG, Fetch Robotics Inc., Geek+ Inc., Grey Orange Pte. Ltd, Hangzhou Hikrobot Technology Co. Ltd, Syrius Robotics, and Locus Robotics.
Prominent Companies in the Robotics Market Include
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ABB Limited
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Kiva Systems
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Singapore Technologies Engineering Ltd
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InVia Robotics Inc.
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Fanuc Corporation
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Honeywell International Inc.
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Toshiba Corporation
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Omron Adept Technologies
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Yaskawa Electric Corporation
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Kuka AG
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Fetch Robotics Inc.
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Geek+ Inc.
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Grey Orange Pte. Ltd
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Hangzhou Hikrobot Technology Co. Ltd
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Syrius Robotics
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Locus Robotics
Robotics Industry Developments
June 2020: Cohesio Group, part of Körber Supply Chain, has declared it has formed a partnership with the autonomous mobile robot (AMR), Fetch Robotics, to help retailers and logistics providers in APAC achieve productivity gains of upwards of 200%. The two leading providers will collaborate to deliver advanced automation through flexible and scalable solutions for retailers and logistics providers in APAC.
Asia-Pacific Robotics Market Segmentation:
Robotics Type Outlook
Robotics End-User Outlook
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Food & Beverage
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Automotive
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Retail
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Electrical & Electronics
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Pharmaceuticals
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Others
Robotics Function Outlook
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Storage
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Packaging
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Trans-Shipments
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Other Functions
Robotics Regional Outlook
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China
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Japan
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India
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Australia
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South Korea
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Indonesia
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Thailand
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Vietnam
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Malaysia
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Singapore
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Rest of Asia-Pacific
| Report Attribute/Metric |
Details |
| Market Size 2022 |
USD 29.5 Billion |
| Market Size 2023 |
USD 33.27 Billion |
| Market Size 2032 |
USD 87.2 Billion |
| Compound Annual Growth Rate (CAGR) |
12.80% (2023-2032) |
| Base Year |
2022 |
| Market Forecast Period |
2023-2032 |
| Historical Data |
2018- 2022 |
| Market Forecast Units |
Value (USD Billion) |
| Report Coverage |
Market Competitive Landscape, Revenue Forecast, Growth Factors, and Trends |
| Segments Covered |
Type, Function, End-User, and Region |
| Region Covered |
Asia-Pacific |
| Countries Covered |
China, Japan, India, Australia, South Korea, Thailand, Vietnam, Malaysia, Singapore, Indonesia and Rest of Asia Pacific |
| Key Companies Profiled |
ABB Limited, Kiva Systems, Singapore Technologies Engineering Ltd, InVia Robotics Inc., Fanuc Corporation, Honeywell International Inc., Toshiba Corporation, Omron Adept Technologies, Yaskawa Electric Corporation, Kuka AG, Fetch Robotics Inc., Geek+ Inc., Grey Orange Pte. Ltd, Hangzhou Hikrobot Technology Co. Ltd, Syrius Robotics, and Locus Robotics. |
| Key Market Opportunities |
The rising prevalence of service robots |
| Key Market Dynamics |
Rising demand to increase the throughput of warehouse operations |
Frequently Asked Questions (FAQ) :
The Asia-Pacific robotics market size was valued at USD 29.5 Billion in 2022.
The market is projected to develop at a CAGR of 12.80% during the forecast period, 2023-2032.
The prominent players in the Robotics market are Toshiba Corporation, Omron Adept Technologies, Yaskawa Electric Corporation, Kuka AG, Fetch Robotics Inc., Geek+ Inc., Grey Orange Pte. Ltd, Hangzhou Hikrobot Technology Co. Ltd, Syrius Robotics, and Locus Robotics.
The industrial robots category dominated the robotics market in 2022.
The pharmaceutical category had the largest share in the robotics market.
The trans-shipment category dominated the robotics market in 2022.
