January, 2025
The articulated industrial robot market is proliferating due to the increasing adoption of automation and optimized industrial robots along with enhanced production, increased efficiency, and enhanced quality of work. Industrial robots are more adaptable; thus, they can easily and collaboratively work with other human workers and perform complicated jobs. Therefore, robots can be used in various industries.
According to the 2024 World Robotics report, there are currently 4,281,585 robots operating in industries worldwide in the year 2023.
• By region, 70% of robots were deployed in 2023 in Asia, 17% in Europe, and 10% in the Americas.
• China alone saw 51% of the global robot installation during 2023.
• Germany led the European market in 2023, with 28,355 units.
• The United Kingdom is undergoing significant growth in industrial robot installations, with 3,830 units in 2023, representing nearly 51% growth over previous years.
• In the Americas, the number of robot installations stood at 55,389 units in 2023.
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