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Industrial Robotics Market worth $20.80 billion by 2032 – Exclusive Report by MarketsandMarkets™

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DELRAY BEACH, Fla., June 8, 2026 /PRNewswire/ — According to MarketsandMarkets™, the industrial robotics market is projected to grow from USD 15.50 billion in 2026 to reach USD 20.80 billion by 2032, registering a CAGR of 5.0% during the forecast period.

Browse 179 market data Tables and 90 Figures spread through 300 Pages and in-depth TOC on ‘Industrial Robotics Market – Global Forecast to 2032’

Industrial Robotics Market Size & Forecast:

Market Size Available for Years: 2021–20322026 Market Size: USD 15.50 billion2032 Projected Market Size: USD 20.80 billionCAGR (2026–2032): 5.0%

Industrial Robotics Market Trends & Insights:

The industrial robotics market is witnessing significant growth due to the increasing adoption of automation and smart manufacturing technologies across industries. Companies are increasingly deploying industrial robots for applications such as material handling, welding, assembly, packaging, and inspection to improve productivity, operational accuracy, and manufacturing efficiency. Additionally, growing investments in Industry 4.0, factory automation, and intelligent production systems, along with rising demand for high-speed and flexible manufacturing operations, are accelerating the expansion of the global industrial robotics market.By Robot type, the traditional robot segment in the industrial robots market accounted for the largest revenue share in 2025.By Payload, Up to 16 kg is expected to dominate the payload segment, with a share of 51.2% in 2025.By Offering, Software & programming segment is expected to register the highest CAGR of 3.9% during the forecast period.By Application, Processing is projected to experience the highest growth rate in the industrial robot during the forecast period.By region, the Asia Pacific industrial robots market accounted for 67.3% of revenue in 2025.

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The increasing need for mass customization and flexible manufacturing is driving the adoption of industrial robotics across production facilities. Companies are increasingly using robotic systems to quickly adapt production lines, manage varying product designs, and improve overall manufacturing responsiveness. Industrial robots help manufacturers achieve faster changeovers, improved operational flexibility, and efficient small-batch production without compromising productivity. In addition, the growing demand for customized products across the automotive, electronics, and consumer goods industries is further supporting market growth.

Traditional industrial robots are expected to capture the largest market share during the forecast period.

The traditional industrial robots segment holds the largest share in the industrial robotics market due to the increasing adoption of robotic systems across automotive, electronics, metal processing, food & beverage, and logistics industries. Industrial robots are widely used for welding, assembly, painting, material handling, and packaging applications to improve production efficiency, operational accuracy, and manufacturing speed. The growing focus on factory automation, smart manufacturing, and continuous production processes is further increasing global demand for industrial robots. In addition, advancements in AI, machine vision, and sensor technologies are improving robotic performance and operational flexibility across industrial environments. Furthermore, industries are increasingly investing in industrial robotic systems to reduce labor dependency, improve product quality, and optimize manufacturing operations.

‘Collaborative robots are expected to grow at the fastest CAGR during the forecast period.’

The collaborative robots by robot type segment is expected to register the highest CAGR in the industrial robots market, driven by increasing demand for flexible, safe, and human-friendly automation solutions across manufacturing industries. Collaborative robots, also known as cobots, are increasingly adopted because they can work alongside human workers without requiring complex safety barriers, making them suitable for small and medium-sized enterprises. Industries such as automotive, electronics, food & beverage, healthcare, and logistics are increasingly deploying collaborative robots for assembly, material handling, inspection, and packaging applications. Their ease of programming, lower operational costs, and ability to improve workplace productivity are further accelerating market adoption. In addition, the growing focus on smart manufacturing and flexible production processes is supporting the rapid growth of collaborative robots globally.

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‘Asia Pacific accounted for the highest market share in 2025.’

Asia Pacific holds the largest share in the industrial robotics industry due to the strong presence of large-scale manufacturing industries across China, Japan, South Korea, and India. The increasing adoption of factory automation, rising investments in smart manufacturing, and growing demand for industrial robots in automotive, electronics, semiconductor, and metal processing industries are driving market growth across the region. In addition, government support for industrial modernization, expansion of manufacturing facilities, and increasing labor cost pressures are further accelerating the deployment of industrial robotic systems in Asia Pacific. The region is also witnessing strong growth in electronics production, electric vehicle manufacturing, and warehouse automation, which is increasing demand for advanced robotic systems. Furthermore, the presence of leading industrial robot manufacturers and continuous investments in Industry 4.0 technologies are supporting the long-term expansion of the industrial robots market across Asia Pacific.

Key Players

Key companies operating in the industrial robotics companies are ABB (Switzerland), YASKAWA ELECTRIC CORPORATION (Japan), FANUC Corporation (Japan), KUKA SE & Co. KGaA (Germany), Mitsubishi Electric Corporation (Japan), Kawasaki Heavy Industries, Ltd. (Japan), DENSO CORPORATION (Japan), Nachi-Fujikoshi Corp. (Japan), Seiko Epson Corporation (Japan), and Dürr Group. (Germany), among others.

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About MarketsandMarkets™ 

MarketsandMarkets™ has been recognized as one of America’s Best Management Consulting Firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.

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Sigmetrix Appoints Ed Walsh as President

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MCKINNEY, Texas, June 8, 2026 /PRNewswire/ — Sigmetrix, a leading provider of mechanical variation management solutions, today announced the appointment of Ed Walsh as President, effective immediately. Sigmetrix’s mission is to help manufacturers deliver Better Products through Mechanical Variation Management.

Ed brings more than 18 years of leadership experience at Sigmetrix, during which he has played a pivotal role in shaping the company’s strategy, operations, and global growth. Most recently, he served as Chief Operating Officer, where he led enterprise-wide initiatives focused on scaling the business, strengthening customer impact, and aligning execution across Sigmetrix’s technology, services, and learning solutions.

“Sigmetrix has always been guided by a clear purpose: enabling manufacturers to make better decisions earlier by understanding and managing mechanical variation,” said Ed. “As President, my focus is on advancing our strategy, investing in our people and technology, and strengthening partnerships so our customers can fully realize the value of their digital engineering investments, accelerate innovation, and bring better products to market with confidence.”

Throughout his tenure, Ed has consistently aligned engineering innovation with measurable business outcomes. Under his leadership, Sigmetrix has helped manufacturers maximize the return on their MBD investments, improve profitability by balancing product quality with manufacturing cost, and shorten development cycles to achieve faster time to market. His strategic focus has reinforced Sigmetrix’s role as a trusted partner in enabling organizations to drive innovation through a deeper understanding of mechanical variation, while also capturing, transferring, and retaining critical product and process knowledge across the enterprise.

Prior to joining Sigmetrix, Ed was a partner at Leading Edge Engineering, where he led business development efforts and served as Lead for the Robust Design and Variation Analysis Group. He has also held senior leadership roles within the Product Development and Management Association (PDMA), including serving as Chicago Chapter President and Regional Director, and continues to be an active leader in the global product development community.

Ed holds a Bachelor’s degree in Mechanical Engineering and attended the University of Chicago’s Executive Program for New Product Development. He is a Motorola Certified Six Sigma Black Belt, a Certified New Product Development Professional, and a named Inventor by the U.S. Patent Office. He brings extensive global experience helping manufacturers adopt and scale technology solutions that improve engineering decision-making and accelerate product development.

As President, Ed will lead Sigmetrix’s long-term strategic vision and operational execution, reinforcing the company’s commitment to helping manufacturers improve product quality, control cost, accelerate innovation, and confidently manage mechanical variation across the product lifecycle.

About Sigmetrix
Sigmetrix has been helping companies produce better products for over 20 years through a combination of software solutions, training, and consulting services that focus on managing the impact of mechanical variation. For more information, visit their website at https://www.sigmetrix.com.

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SOURCE Sigmetrix, L.L.C.

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StockOracle™ Cuts Hours of Analysis Down to Minutes with AI-Powered Insights, Recognized by Benzinga as Best Stock Research Tool

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SINGAPORE, June 8, 2026 /PRNewswire/ — StockOracle™ is an AI-aided stock intelligence tool built for one purpose: to empower everyday retail investors with the same research clarity that professional investors have access to — without the complexity, the cost, or the hours.

The platform was recently named Best Stock Research Tool for Retail Investors at the 2025 Benzinga Global Fintech Awards in New York City.

Retail investors now represent up to 35% of daily U.S. equity trading volume, yet most lack a structured way to research the stocks they’re buying. Most retail investors are time-strapped, not finance-trained, and left piecing together a view of a stock from scattered data across multiple platforms. StockOracle™ brings everything together in one place, helping investors answer the two questions that matter most: Is this a good company to invest in, and is this the right price to buy?

StockOracle™ was developed by Adam Khoo, an 8-figure investor with 1.1 million YouTube subscribers and 64 million video views, known for his timely market analysis. Backed by institutional-grade FactSet data and over four years of research and development, the one-stop platform gives investors a seamless way to research and monitor their investments:

OracleIQ™ — color-coded stock health check across revenue, earnings, growth, and balance sheetOracleValue™ — proprietary intrinsic value estimate plus nine established valuation models including DCFAI Insights — bull and bear thesis, growth drivers, risks, and competitive moat analysisSide-by-Side Comparisons — evaluate multiple stocks at once against industry peersWatchlist Builder — monitor fundamental changes in stocks before buyingPortfolio Visualiser — full holdings dashboard with sector, geography, and strategy breakdowns

Retail investors can start a free 7-day trial at www.stockoracle.com.

About Piranha Profits & StockOracle™

StockOracle™ is an AI-aided stock intelligence web app powered by Piranha Profits, an online school for investors and traders founded by renowned financial educator Adam Khoo. With over 1.7 million followers worldwide and over 40,000 students across 160 countries, Piranha Profits empowers everyday investors with proven, market-beating strategies.

In 2024, Piranha Profits was honored with the Chairman’s Award for Excellence in Holistic Trading Education at the Benzinga Global Fintech Awards in New York — the same stage where StockOracle™ was named Best Stock Research Tool for Retail Investors in 2025.

www.stockoracle.com | www.piranhaprofits.com

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SOURCE Piranha Profits

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Nesenoff & Miltenberg, LLP’s Boston and New York Offices Earn Rankings in the Chambers USA 2026 Guide

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BOSTON and NEW YORK, June 8, 2026 /PRNewswire/ — Nesenoff & Miltenberg, LLP is proud to share that Chambers and Partners recognized both of the Firm’s offices in the 2026 Chambers USA Guide. In this year’s edition, Chambers ranked the Boston, Massachusetts office in Labor & Employment: Mainly Plaintiffs (Band 2), and the New York, New York office in Labor & Employment: Mainly Plaintiffs (Band 3).

“Our recognition in the 2026 Chambers USA Guide reflects the rigorous and tenacious effort of our team, who fight each and every day for our clients that have suffered discrimination in the workplace. It is that passion that drives us towards excellence, and to be rewarded for it is a true honor,” said Andrew T. Miltenberg, Managing Partner.

Chambers and Partners’ thorough ranking process is based upon law firm submissions and feedback received from thousands of interviews conducted by Chambers researchers of both lawyers and clients.

The Chambers USA ranking emphasizes Nesenoff & Miltenberg LLP’s place as a key player among the nation’s top law firms, particularly through its unique approach in pioneering a hybrid practice at the intersection of employment discrimination and civil rights in the educational setting.

About Nesenoff & Miltenberg, LLP
Nesenoff & Miltenberg, LLP serves clients nationwide from offices across the country from its offices in New York, New York and Boston, Massachusetts. The firm is widely recognized for its work in Labor & Employment, Title IX and campus disciplinary matters, academic misconduct matters, defamation, commercial litigation, and institutional investigations. Nesenoff & Miltenberg, LLP combines trial-tested advocacy with practical, business-focused counseling. For more information about the ranking and practice, please visit: www.nmllplaw.com.

Media Contact: Marybeth Sydor, msydor@nmllplaw.com

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SOURCE Nesenoff & Miltenberg, LLP

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