Automotive Robotics Market size was over USD 8.94 billion in 2024 and is poised to exceed USD 44.29 billion by 2037, witnessing over 13.1% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of automotive robotics is estimated at USD 9.88 billion.
The growth of the market can primarily be attributed to the growing robot installations in automobile manufacturing units worldwide. For instance, the automotive industry was found to be the largest user of robots worldwide, with about 28% of all robot installations happening in the automotive sector in 2020.
Automotive robots are designed such that they assist in the manufacturing of automobiles in the automotive industry in various processes such as assembling, cutting, dispensing, painting and others. They are deployed to find the most minuscule manufacturing differences in handling activities. The robot-to-robot work ensures the quality and efficiency of the product. With the increased automotive manufacturing as well as sales, the demand for automotive robotics is on the rise amongst automobile manufacturers, which in turn, is expected to create massive revenue generation opportunities for the key players operating in the global market during the forecast period. It was found that nearly 70 million units of automobiles were sold worldwide in 2021.
Author Credits: Saima Khursheed
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