The international commercial robotic market has actually declined since the COVID-19 pandemic, Interact Analysis reported.
Source: Interact AnalysisThe 2023 depression in the worldwide commercial robot market continued through 2024, with sales profits decreasing 5.8% year over year, according to Interact Analysis.
The marketplace research study company associated this decline to slow demand caused by a dip in manufacturing activity throughout the years, coupled with a decline in average prices.“& ldquo; In 2024, the industrial robot market continued its decrease from the 2023 slump,” & rdquo; stated Samantha Mou, a research expert at Interact Analysis.The global delivery volume of commercial robotics in 2024 amounted to just over 505,000 systems, reflecting a 2.4% decrease compared with 2023.
This reduction in shipments was paired with a reduction in typical prices, she said.The manufacturing industry faced a difficult year in 2024, as high rate of interest in Western markets and suppressed need in Asia slowed investment in production throughout all major regions, kept in mind Interact Analysis.
In addition, intense competition within the commercial robot market squeezed margins for robot makers, and numerous emerging brand names sacrificed profitability for market share, it said.With increasing production volumes and heightening competitors, the average profits per system (ARPU) of commercial robots declined considerably –-- from around $31,100 in 2018 to $25,600 in 2024.
While there was a momentary cost surge in 2022 in the middle of the global supply chain crisis, prices resumed their down trend in 2023 as need cooled and competitors increased, said Interact Analysis.In 2024, ARPU fell more sharply than in previous years, stopping by 3.6% due to easing inflation and growing competitors.
Engage Analysis recently once again minimized its projection for mobile robotic shipments.Industrial robot profits has fallen in the previous 3 years.
Source: Interact AnalysisIndustrial robot need differed throughout areas, industriesWhile the total commercial robotic market decreased in 2024, performance throughout major areas differed, Interact Analysis described.
With a higher concentration of suppliers and large order volumes leading to robot costs lower than other major regions, the Asia-Pacific (APAC) region dominated the international market despite a drop of 1.1% in shipments.The research study firm forecasted that the APAC area will continue to grow gradually over time as need for robotics increases, while the Americas area decreased 3.7% but might preserve its market position, buoyed by U.S.
reshoring initiatives and the growing potential of Latin America.Interact Analysis’ & rsquo; long-term view for Europe, the Middle East, and Africa (EMEA) was not as favorable, with the industrial robot market declining by 8.1% and forecasted to grow at a slower substance annual growth rate (CAGR) in comparison with the other two areas over the next 5 years.
EMEA will continue to be the second-largest market for commercial robotics, it said.In terms of industry-specific performance, the automobile market struggled in 2024 and need for industrial robotics also reduced in basic production such as electronic devices, metals, and plastics and rubber.
Interact Analysis discovered that commercial robotic demand in consumer-related markets, including food and drink and life sciences industries, showed more resilience.APAC remains the biggest market for commercial robotics by far.
Source: Interact AnalysisInteract Analysis sees indications of a reboundThere are signs that macroeconomies might slowly emerge from economic downturn, which will lead to the commercial robot industry slowly recuperating this year and next, stated Interact Analysis.
Nevertheless, Europe might continue to lag over the coming years, following a market contraction of 8.1% in 2024.“ & ldquo; We expect a gradual healing of the robotics market throughout all 3 major areas in 2025, with more powerful development anticipated in 2026,” & rdquo; stated Mou.
& ldquo; In the Americas and Asia, market sentiment is showing indications of enhancement, and there are encouraging signs that the macroeconomy might gradually emerge from the economic downturn.”& rdquo; According to the Japan Robot Association (JARA), orders for manipulators and robotics rose 32.2% in Q1 2025, with export delivery worth increasing by 22.8%.
Japanese robot suppliers, which represented 47% of worldwide robot profits in 2024, are frequently viewed as dependable signs of broader market health, said Interact Analysis.In this context, international shipments of commercial robots are forecasted to grow by 5% in 2025.
Nevertheless, due to ongoing down pressure on average rates, earnings growth is expected to be more modest, at simply 2.6%.
Given that the second half of 2024, monthly indicators for the commercial sector in both the U.S.
and China have revealed indications of recovery, reported Interact Analysis.
Tariff uncertainties pose dangers to equipment orders in the 2nd half of 2025, present need trends in major regions recommend they will not lead to a market-wide contraction, the firm projection.“ & ldquo; However, in Europe, healing signs remain weak, and our development projection for the EMEA region remains the lowest,” & rdquo; she acknowledged.
” & rdquo; Despite this, we expect the wider manufacturing sector in Europe to benefit from the worldwide economic cycle.”& rdquo; China, the U.S., and Germany reveal early indications of a robotics rebound, says Interact Analysis.About the industrial robot reportInteract Analysis said its newest report includes market size and projection data for industrial robots with in-depth divisions in both revenue and delivery terms, five-year forecasts to 2029, and key pattern and market motorist discussion and analysis offered by robot type, payload, industry and application.With over 200 years of combined experience amongst its group, Interact Analysis provides market intelligence for global supply chain automation.
The company, which has workplaces in the U.K., the U.S., and China, stated its research covers the whole automation worth chain –-- from the innovation utilized to automate factory production, through stock storage and circulation channels, to the transportation of the ended up products.“& ldquo; The world & rsquo; s leading companies trust us to emerge robust insights and opportunities for technology-driven development,” & rdquo; said the firm.Save now with early riser discountThe post Global commercial robot market contracted 5.8% in 2015, reports Interact Analysis appeared first on The Robot Report.