Smart Robots Market Summary

The global smart robots market size was valued at USD 33.83 billion in 2024 and is projected to reach USD 131.46 billion by 2030, growing at a CAGR of 26.5% from 2025 to 2030. The rapid growth of the market is being driven by the increasing adoption of advanced technologies such as Artificial Intelligence (AI), Internet of Things (IoT), Machine Learning (ML), and Intelligent Process Automation (IPA). The integration of robotics with these modern technologies has enabled industries to automate complex processes, reduce costs, and improve productivity, while extensive research and development activities continue to fuel market expansion.

The emergence of advanced technological solutions has encouraged organizations to focus on boosting efficiency and performance while minimizing operational expenses. Smart robots, designed to perform specific tasks with the aid of AI, are equipped with the ability to learn from experiences, adapt to new environments, and modify their actions accordingly. These capabilities make them highly valuable across a variety of industries. Sectors such as manufacturing, automotive, retail, food and beverages, hospitality, facility management, e-commerce, and transportation have increasingly adopted smart robots to streamline operations and improve service delivery.

Key Market Trends & Insights

  • In 2024, the U.S. smart robots market dominated the regional industry with a revenue share of 76.5%. This strong position is supported by early adoption of AI-driven robotics, significant investments in automation, and a robust technology ecosystem.
  • Asia Pacific led the global smart robots market in 2024, capturing the largest revenue share of 51.3%. The region’s dominance is attributed to the rapid growth of manufacturing hubs, increasing demand for automation, and favorable government initiatives encouraging the adoption of robotics technologies.
  • By component, the hardware segment accounted for the largest revenue share of 62.6% in 2024. This dominance reflects the high demand for essential robotic hardware components such as sensors, actuators, and controllers, which are integral to smart robot functionality.
  • In terms of operating environment, ground-based smart robots held the largest share of the global market in 2024. These robots are widely used in industrial operations, logistics, and service-based tasks, making them the most prominent category.
  • Based on mobility, the mobile smart robots segment was expected to dominate the global market in 2024. The increasing demand for flexible, autonomous, and mobile systems that can navigate different environments has driven the adoption of mobile robotics solutions across multiple industries.

Order a free sample PDF of the Smart Robots Market Intelligence Study, published by Grand View Research.

Market Size & Forecast

  • 2024 Market Size: USD 33.83 Billion
  • 2030 Projected Market Size: USD 131.46 Billion
  • CAGR (2025-2030): 26.5%
  • North America: Largest market in 2024
  • Asia Pacific: Fastest growing market

Key Companies & Market Share Insights

Some of the key companies in the smart robots market include Boston Dynamics, Fanuc Corporation, Omron Corporation, Kawasaki Heavy Industries, Ltd., and others. Major market participants have adopted strategies such as innovation, enhanced focus on research and development activities, expansions, portfolio enhancements, partnerships, and collaborations to address growing competition and rising technology adoption.

  • Boston Dynamics, one of the prominent companies in robotic technology industry, develops highly mobile robots for industrial applications. Its portfolio includes products such as Spot, Stretch, and solution associated with thermal sensing, visual inspection, acoustic imaging, perimeter checks and more.
  • Fanuc Corporation, a major market player in robotics and automation offers extensive range of products and services including industrial robots for manufacturing, collaborative robots, and others.

Key Players

  • iRobot Corporation
  • Kawasaki Heavy Industries, Ltd.
  • Fanuc Corporation
  • Omron Corporation
  • Intuitive Surgical Operations, Inc.
  • OTC Daihen Inc.
  • Panasonic Industry Europe GmbH
  • Yaskawa Electric Corporation
  • Kuka AG (Midea Group)
  • Boston Dynamics

Explore Horizon Databook – The world's most expansive market intelligence platform developed by Grand View Research.

Conclusion

The smart robots market is experiencing strong growth, fueled by rapid technological innovation, industry-wide automation needs, and rising investments in AI and IoT integration. While the U.S. remains a key leader in adoption, Asia Pacific stands out as the largest regional market due to its expanding manufacturing and industrial base. Hardware continues to dominate component demand, while ground-based and mobile robots represent the leading operational categories. As industries prioritize efficiency, adaptability, and cost reduction, smart robots will play a central role in reshaping operations, enhancing customer experiences, and accelerating the global shift toward intelligent automation and advanced robotics solutions.