Blockchain Press Releases
Industrial Robotics Market size to grow by USD 60.57 billion from 2023 to 2030; Industrial 4.0 revolution has increased the use of robotics and smart manufacturing in industry to boost the market growth – Facts & Factor
NEW YORK, June 27, 2023 /PRNewswire/ — As per Facts and Factors study, the global industrial robotics market size was nearly $27.11 billion in 2022 and is set to increase to about $60.57 billion by 2030 along with securing the highest CAGR of 10.7% from 2023 to 2030.
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Industrial Robotics Market: Overview
Industrial robotics is referred to as robotic arms with sensors and controllers that have the ability to carry out a spectrum of operations in manufacturing units. Moreover, robots which make use of robotic arms are programmable, automated, and can move on three as well as more than three axes. For the record, the key industrial robotic applications include assembly, welding, painting, palletizing, product inspection & testing, and packaging & labeling.
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Key Insights:
- As per the analysis shared by our research analyst, the global industrial robotics market is projected to expand annually at the annual growth rate of around 10.7% over the forecast timespan (2023-2030)
- In terms of revenue, the global industrial robotics market size was evaluated at nearly $27.11 billion in 2022 and is expected to reach $60.57 billion by 2030.
- The global industrial robotics market is anticipated to record massive growth over the forecast period owing to the rise in the Industrial 4.0 revolution has boosted the application of robotics & smart manufacturing in the industrial sector.
- Based on the component, the robot accessories segment is predicted to contribute majorly towards the global market share over the forecast timeline.
- In terms of application, the handling segment is projected to record the highest CAGR over 2023-2030.
- Based on the end-use industry, the electrical & electronics segment is slated to dominate the segmental surge over the forecast period.
- Region-wise, the Middle East & African industrial robotics market is projected to register the highest CAGR during the assessment period.
Facts and Factors published the latest report titled “Industrial Robotics (ECM) Market Size, Share, Growth Analysis Report By Solutions (Document Management, eDiscovery, Web Content Management, and Digital Asset Management), By Deployment (Cloud and On-Premise), By Enterprise Size (SMEs and Large Enterprises), By Industry Vertical (BFSI, IT & Telecom, Healthcare & Life Sciences, Consumer Goods & Retail, Government, and Transportation & Logistics), and By Region – Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2023 – 2030″ into their research database.
Industry Dynamics:
Global Industrial Robotics Market: Growth Drivers
- The need for increasing production capacities will boost the demand for industrial robotics in a slew of sectors.
Growing demand for SCARA and collaborative robots will drive the growth of the industrial robotics market across the globe. The massive need for expanding their production capacities has increased the penetration of industrial robots in manufacturing firms, thereby driving global market trends. Escalating trend of autonomous vehicles has led to humungous demand for industrial robots, thereby steering the expansion of the global market.
With the embedding of AI tools in industrial robots, the market for industrial robotics is predicted to gain momentum in the upcoming years. The launching of 5G networks will further proliferate the market growth globally in the years ahead. The surge in labor charges has led to demand for industrial robots in factories. Citing an instance, in October 2022, labor costs in the U.S. increased manifold.
Nevertheless, the growing need for allocating huge funds for deploying industrial robots can put brakes on the global industrial robotics industry demand. However, the evolution of Industry 5.0 is likely to generate new avenues of growth for the global industry. This, in turn, will nullify the negative impact of hindrances on global industry expansion.
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Global Industrial Robotics Market: Segmentation
- The global industrial robotics market is divided into type, application, component, end-use industry, and region.
The component segment of the industrial robotics market is sub-segmented into robot arms, robot accessories, and robotic hardware segments. Furthermore, the robot accessories segment, which contributed over half of the global market share in 2022, is predicted to continue leading the segment in the coming years.
The growth of the segment in the next eight years can be subject to humungous demand for robot accessories enabling long-term productivity. In the last quarter of 2022, Neato Robotics, the Silicon Valley-based customer robotics firm, declared a new initiative “Customize Your Clean” that includes Neato fragrance pods and Neato D-series smart robot vacuum filters.
In terms of application, the industrial robotics industry across the globe is segmented into assembling & disassembling, processing, handling, dispensing, and welding & soldering segments. Moreover, the processing segment, which contributed majorly towards the segmental growth in 2022, is anticipated to record the fastest CAGR in the ensuing years. The segmental growth over the forecast timeframe can be due to growing demand for reducing the number of errors in painting and cutting procedures.
On the basis of the end-use industry, the industrial robotics market globally is bifurcated into automotive, electrical & electronics, metals & machinery, food & beverages, optics, precision engineering, cosmetics, pharmaceuticals, plastics & rubbers, and chemicals segments.
Moreover, the chemicals segment, which accounted for a major share of the global market in 2022, is anticipated to establish its dominant status even in the ensuing years. The segmental surge can be owing to the necessity of maintaining consistency in tasks including testing and measurement.
Apart from this, industrial robots can easily handle toxic chemicals without any human intervention, thereby preventing health hazards for humans. For instance, in the second half of 2022, Hibot Corporation made use of a float arm robot for inspecting pipelines at the Mitsui Chemical unit in Japan.
Recent Developments:
- In the first half of 2022, ABB Limited, a Swiss-based firm, launched the next-gen of flexible automation products under the new OmniVanceTM brand. The move will boost the demand for industrial robotics across Europe.
- In the first quarter of 2022, Yaskawa Electric Corporation, a Japanese firm manufacturing industrial robots, acquired a stake in Doolim-Yaskawa Company Limited for expanding its business in robotic painting and sealing systems.
- In the first half of 2022, FANUC launched new kinds of collaborative robots, thereby expanding its current product portfolio. The move will provide impetus to the growth of the industrial robotics business globally.
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List of Key Players in Industrial Robotics Market:
- KUKA AG
- ABB Ltd.
- Comau SpA
- Fanuc Corporation
- Mitsubishi Electric Corporation
- Nachi-Fujikoshi Corp.
- Yaskawa Electric Corporation
- Kawasaki Heavy Industries Ltd.
- Denso Corporation
- Omron Corporation
- Others
Key questions answered in this report:
- What are the growth rate forecast and market size for Industrial Robotics Market?
- What are the key driving factors propelling the Industrial Robotics Market forward?
- What are the most important companies in the Industrial Robotics Market Industry?
- What segments does the Industrial Robotics Market cover?
- How can I receive a free copy of the Industrial Robotics Market sample report and company profiles?
Report Scope:
|
Report Attribute |
Details |
|
Market size value in 2022 |
USD 27.11 Billion |
|
Revenue forecast in 2030 |
USD 60.57 Billion |
|
Growth Rate |
CAGR of almost 10.7% 2023-2030 |
|
Base Year |
2022 |
|
Historic Years |
2016 – 2021 |
|
Forecast Years |
2023-2030 |
|
Segments Covered |
By Type, Component, Application, End-Use Industry, and Region |
|
Forecast Units |
Value (USD Billion), and Volume (Units) |
|
Quantitative Units |
Revenue in USD million/billion and CAGR from 2023 to 2030 |
|
Regions Covered |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World |
|
Countries Covered |
U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others |
|
Companies Covered |
KUKA AG, ABB Ltd., Comau SpA, Fanuc Corporation, Mitsubishi Electric Corporation, Nachi-Fujikoshi Corp., Yaskawa Electric Corporation, Kawasaki Heavy Industries Ltd., Denso Corporation, Omron Corporation, and others. |
|
Report Coverage |
Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis. |
|
Customization Scope |
Avail of customized purchase options to meet your exact research needs. https://www.fnfresearch.com/customization/industrial-robotics-market |
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Regional Dominance:
- Asia-Pacific Industrial Robotics market to establish a dominant status over the forecast timeline.
Asia-Pacific, which garnered more than half of the global industrial robotics market revenue in 2022, is anticipated to record humungous growth during the projected timeline. The regional market expansion over 2023-2030 can be subject to a rise in the number of end-use industries in the countries such as India, Japan, Taiwan, Singapore, Malaysia, and Japan. Apart from this, the rise in demand for AI and automation will embellish the growth of the regional market.
Furthermore, the industrial robotics industry in the Middle East & Africa is predicted to record the highest CAGR in the anticipated timeframe. The factors that are likely to impact the growth of the regional industry are favorable government initiatives toward the use of industrial robotics.
For instance, in the third quarter of 2022, the government of UAE introduced the Dubai Robotics and Automation program and this initiative will boost the demand for industrial robotics in the country. As per the program, the government will offer nearly 2 lac robots to industrial & logistics sectors for enhancing their manufacturing capacities.
Global Industrial Robotics Market is segmented as follows:
Industrial Robotics Market: By Type Outlook (2023-2030)
- Traditional Robots
- Collaborative Robots
Industrial Robotics Market: By Component Outlook (2023-2030)
- Robot Arm
- Robot Accessories
- Robotic Hardware
Industrial Robotics Market: By Application Size Outlook (2023-2030)
- Assembling & Disassembling
- Processing
- Handling
- Dispensing
- Welding & Soldering
Industrial Robotics Market: By End-Use Industry Outlook (2023-2030)
- Automotive
- Electrical & Electronics
- Metals & Machinery
- Food & Beverages
- Optics
- Precision Engineering
- Cosmetics
- Pharmaceuticals
- Plastics & Rubbers
- Chemicals
Industrial Robotics Market: By Region Outlook (2023-2030)
North America
- The U.S.
- Canada
Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
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- Industrial Robotics Market: According to the report published by Facts & Factors, the global industrial robotics market size was evaluated at $27.11 billion in 2022 and is slated to hit $60.57 billion by the end of 2030 with a CAGR of nearly 10.7% between 2023 and 2030.
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WARSAW, Poland, March 17, 2025 /PRNewswire/ — Leptage, a modern fintech platform engineered for global ambitions, proudly announces its blockchain-powered liquidity provisioning through PayFi technology to integrate multi-layered financial services into payment transactions. Moving forward, armed with cutting-edge technological architecture, unrivaled security protocols, and an unwavering compliance commitment, Leptage will emerge as the critical infrastructure bridging Web2 and Web3 ecosystems. This transformation redefines corporate engagement with digital assets while establishing new benchmarks for cryptographic industry practices.
In a market characterized by rapid innovation and surging demand for secure solutions, Leptage has established itself as a frontrunner by delivering seamless, high-efficiency transactional experiences. The platform’s state-of-the-art PayFi solutions streamline corporate liquidity management while boosting sustainable returns and enabling scalable market expansion. With Leptage, businesses can effortlessly convert digital assets to fiat currencies (and vice versa), functioning as an inclusive financial backbone in underserved regions while democratizing access to global financial markets.
Unlike DeFi yield mechanisms, Leptage provides enterprises with more sustainable returns, highlighting its distinctive edge in the market. For instance, enterprises leveraging the Leptage Treasury can fund daily operations and payments through earnings generated from subscription to the product, not only reducing reliance on cash flow but also enhancing capital efficiency by reallocating idle assets to productive use cases.
At Leptage, safeguarding users’ assets and data is our top priority. With its blockchain-based security architecture, Leptage guarantees that all transactions are encrypted, transparent, and immutable, reducing the risk of fraud.
Leptage integrates state-of-the-art technologies such as MPC (Multi-Party Computation) wallets, significantly enhancing asset security. As a licensed Virtual Asset Service Provider (VASP) in Poland, Leptage adheres to the highest industry standards through comprehensive KYC (Know Your Customer), KYT (Know Your Transaction), Travel Rules, and AML (Anti-Money Laundering) procedures. These measures collectively ensure operational transparency, regulatory compliance, and uncompromised security,, empowering every user to transact digital assets with confidence.
Headquartered in Warsaw, Poland, with teams strategically positioned across Hong Kong, the United Kingdom, and Singapore, Leptage is dedicated to bridging the gap between fiat currencies and cryptocurrencies, enabling enterprises worldwide to access seamless financial services. By collaborating with elite professionals and partnering with leading industry players, Leptage ensures real-time transaction processing while significantly reducing fees—a critical advantage for businesses handling high-frequency, high-volume transactions.
As part of its development strategy, Leptage has expanded its business operations to over 180 global markets. Continuously pushing the boundaries of payment use cases and customer experiences, it provides a robust and adaptive infrastructure for DeFi, Exchanges, DApps, e-commerce, and NFT marketplaces, delivering fast, secure, and compliant financial solutions.
Jacky, Product Director of Leptage, stated: “We currently serve over 5,000 project teams globally, representing a 50% increase in client volume compared to last year. Our management team members collectively possess over a decade of industry experience in financial services and technology. Moving forward, we will continue to bridge Web2 and Web3, implement smart contracts and decentralized technologies, aiming to bridge Web2 and Web3 to establish an open financial ecosystem that accelerates capital flow efficiency, further reduces transaction costs, and provides global enterprises with agile, high-performance capital management and payment solutions.”
About Leptage
Leptage is a modern fintech platform catering to global ambition.
Regulated in Poland, our headquarters is situated in Warsaw. We have expanded our operations to include strategic teams in Hong Kong, the United Kingdom, and Singapore. Our international footprint is a testament to our commitment to serving clients worldwide.
At Leptage, we pride ourselves on providing fully compliant, cutting-edge solutions that harmoniously integrate advanced technology with a user-centric design. We aim to build a more secure, efficient, and seamless financial landscape by breaking down barriers and bridging gaps for boundless businesses.
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Blockchain Press Releases
MEXC Launches DeepLink Protocol (DLC) with Spot and Futures Trading, Offering 16,000,000 DLC & 149,000 USDT to Fuel Decentralized Cloud Gaming
VICTORIA, Seychelles, March 17, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, announced the listing of DeepLink Protocol (DLC) on both spot and futures markets, scheduled for March 18, 2025, at 12:00 (UTC). To celebrate the launch, MEXC is introducing an Airdrop+ rewards pool totaling 16,000,000 DLC & 149,000 USDT, reinforcing its commitment to supporting cutting-edge blockchain projects.
Powering Decentralized Cloud Gaming: DeepLink Protocol (DLC) Now Listed on MEXC
DeepLink Protocol is a decentralized cloud gaming platform powered by AI and blockchain technology, merging Artificial Intelligence, GPU computing, Real-World Asset (RWA) Tokenization, and Decentralized Physical Infrastructure Networks (DePINs) into a unified ecosystem. With ultra-low-latency game rendering, DeepLink enables cloud-based esports, cybercafés, AAA gaming, and immersive virtual experiences, enhancing resolution and clarity through AI-driven optimization. Backed by leading investors such as Amber, DePIN X, and NeoVentures, and with 2.6 million+ users and 1.4 million+ DLC holders, DeepLink is rapidly scaling its ecosystem and sponsoring major blockchain events like WebX, KBW, and TOKEN 2049.
As a global exchange, MEXC actively supports projects across sectors such as gaming, AI, and DePIN by providing market access, liquidity, and broader exposure. By listing DeepLink Protocol (DLC), MEXC enables more users to capture the investment opportunities in this sector, contributing to the expansion of decentralized gaming within the Web3 ecosystem. Beyond listing, MEXC plays a key role in helping emerging projects build market traction. With an active trading community and deep liquidity, MEXC will support the growth of DLC, ensuring accessibility for both retail and institutional participants. Additionally, through marketing initiatives, ecosystem collaborations, and trading events, MEXC enhances DLC’s visibility, driving engagement among Web3 users and expanding its adoption. By integrating DLC into its diverse asset offerings, MEXC continues to provide a launchpad for innovative projects, bridging blockchain technology with real-world applications.
Celebrate the DLC Listing with a 16,000,000 DLC & 149,000 USDT Prize Pool
MEXC continues its mission to support innovative blockchain projects by listing DeepLink Protocol (DLC) in the Innovation Zone on March 18, 2025, at 12:00 (UTC). The DLC/USDT spot market will be available first, followed by the DLC USDT perpetual futures launch at 12:10 (UTC), offering up to 50x leverage in both cross and isolated margin modes.
To mark the occasion, a 16,000,000 DLC & 149,000 USDT prize pool will be available through a series of exclusive events from March 17, 2025, at 10:00 (UTC) to March 27, 2025, at 10:00 (UTC).
Event 1: Airdrop+ Rewards
- Deposit and share 10,000,000 DLC & 99,000 USDT (New user exclusive)
- Futures Challenge — Trade to share 50,000 USDT in futures bonuses (Open to all users)
- Invite friends and share 6,000,000 DLC (Open to all users)
Event 2: Spread the Word and Win DLC Rewards
- Share the Airdrop+ event on social media between March 17 – March 23, 2025, and win additional DLC rewards.
Your Easiest Way to Trending Tokens
MEXC aims to become the go-to platform offering the widest range of valuable crypto assets. The platform has grown its user base to 34 million by offering a diverse selection of tokens, high-frequency airdrops, competitive fees, and comprehensive liquidity. In 2024, MEXC launched a total of 2,376 new tokens, including 1,716 initial listings and 605 memecoins, with total airdrop rewards exceeding $136 million.
About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto”. Serving over 34 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, frequent airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC
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DUBAI, UAE, March 17, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is proud to announce a major milestone in the evolution of digital finance, with the issuance of over 1.5 million Bybit Cards worldwide. From now to Apr. 6, 2025, Bybit Card users and successful new users may embark on a celebratory journey with rewards all around.
Bybit Card reached its first million users in Jan., 2025. In less than two months, the crypto-native payment solution provider has issued another half a million cards. Bybit and Mastercard hosted an anniversary event at the Bybit headquarters in Dubai on Mar. 7, celebrating the achievement.
The virtual and physical card on the Mastercard network is shaping up to be one of the most popular fully digital consumer options in the integration of cryptocurrencies into everyday spendings, enhancing convenience and accessibility for users.
To commemorate this achievement, the Bybit Card is introducing a series of enhanced rewards and benefits, including increased cashback opportunities and exclusive discounts.
- 2 Years in Review
Bybit Card holders can learn about their spending preferences through a a customized Bybit Card Wrapped experience, showcasing each user’s top spending categories, frequent purchases, and personal spending habits, reflecting two years of seamless transactions, rewards, and cashback perks with Bybit. - Spending Passport: Collect Stamps and Unlock Rewards
Spending $10 in any category leads to opportunities to unlock up to 0.001 BTC in rewards. Users can collect exclusive stamps across various categories such as fashion, transport, dining, and digital goods to increase rewards. - Boosted Cashback: Earn up to 12% Back
An additional 2% cashback on all purchases is available for a limited time, allowing for up to 12% cashback on eligible transactions, enhancing the value of spending. - Exclusive 12% Off in the Bybit Rewards Market
Rewards can be redeemed in the Bybit Rewards Market for 12% off selected items.
In addition, the first 5,000 new users who qualify for the Bybit Card and spend $50 may unlock a $5 bonus.
As the Bybit Card continues to evolve with the crypto community, the focus remains on fostering an innovative platform that supports the dynamic needs of its users. By combining convenience and a rewarding experience with cutting-edge technology, the Bybit Card empowers users to participate in the digital economy, transforming their crypto holdings into practical purchasing power with a few taps and swipes.
Bybit Card holders and new applicants may find out more about the terms and conditions at: Bybit Card – Second Anniversary
#Bybit / #TheCryptoArk / #TheBybitCard
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
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