Automotive Robotics Market Outlook:
Automotive Robotics Market size was valued at USD 10.24 billion in 2024 and is expected to reach USD 34.45 billion by 2034, registering around 12.9% CAGR during the forecast period i.e., between 2025-2034. In the year 2025, the industry size of automotive robotics is evaluated at USD 11.36 billion.
The expansion of the market can be ascribed to the rising adoption of robots in car making. According to data published by the International Federation of Robotics, in March 2023, 1 million robots worked in the car industry globally. Robots are used for various tasks such as arc welding, painting, internal logistics, material handling, and spot welding among others. The automotive sector is the number one adopter of industrial robots, reaching up to 33% of all installations in the U.S. in the last year. In 2023, Volvo Cars took the lead in enhancing its workplace environment and retaining talent. The company has acquired more than 1,300 robots from ABB to assemble its next generation of electric vehicles.
