Modular Robotics Market - Global Market Share, Trends, Analysis and Forecast, 2023-2032
The Global Modular Robotics Market was estimated to be US$ 9.5 billion in 2022 and is expected to reach US$ 50 billion by 2032 at a CAGR of 18%.
Modular robotics refers to a field of robotics that focuses on the design and construction of robots using modular components. Unlike traditional robots that are built as single, fixed entities, modular robots are composed of interchangeable modules or units that can be easily rearranged, reconfigured, and connected in different ways to create various robot configurations. These modular components typically consist of modules with integrated sensors, actuators, power sources, and control systems.
The modules can be attached or detached from one another, allowing for flexibility and adaptability in the overall robotic system. The connections between modules can be mechanical, electrical, or both, enabling communication and coordination between them.
Modular Robotics Market Drivers
Growing demand for flexible and adaptable robotic systems is boosting the market growth
The global modular robotics market is driven by several key factors.
Firstly, the increasing adoption of automation across various industries is pushing companies to implement robotic systems to improve efficiency and reduce costs. For example, Tesla has leveraged automation extensively in its manufacturing plants to enhance production rates and maintain product quality.
Secondly, there is a growing demand for flexible and adaptable robotic systems that can easily adapt to changing requirements. This flexibility allows companies to repurpose robots for different tasks, reducing the need for specialized machinery. Boston Dynamics' versatile robots in e-commerce warehouses exemplify this demand for adaptable systems that can handle various tasks like picking, packing, and moving items.
Lastly, the need for collaborative robots, or cobots, is rising to improve productivity and safety in shared workspaces. Cobots work alongside humans, enhancing productivity and performing tasks requiring human dexterity. The da Vinci Surgical System in healthcare is a prime example of how cobots assist surgeons during minimally invasive surgeries, improving precision and patient recovery time. These factors collectively contribute to the growth and development of the global modular robotics market.
Robot Type Segmentation of Global Modular Robotics Market
Articulated modular robot is the largest segment in the modular robotics market
Based on robot type, the largest segment in terms of market size is likely the Articulated Modular Robots. Articulated robots are characterized by multiple rotary joints, allowing for a wide range of motion and flexibility. These robots have a series of connected segments, mimicking the movement of a human arm.
The popularity of articulated modular robots can be attributed to their versatility and ability to perform complex tasks that require dexterity and maneuverability. They are widely used in industries such as automotive manufacturing, electronics assembly, and material handling. Cartesian Modular Robots, also known as gantry robots, are another segment in the modular robotics market.
They operate in a three-dimensional Cartesian coordinate system and move linearly along axes. Cartesian robots are known for their accuracy, precision, and repeatability, making them suitable for applications requiring high positional control. SCARA (Selective Compliance Assembly Robot Arm) Modular Robots have a rigid vertical arm and a rotational joint at the wrist. They provide high-speed and precise movements, particularly in horizontal planes.
Parallel Modular Robots consist of multiple limbs or arms connected in parallel, which provide high strength and payload capacity. They are widely used in applications such as heavy lifting, material transfer, and large-scale manufacturing. Parallel robots offer advantages in terms of stability and power, making them suitable for tasks that require significant strength and force exertion.
While the articulated modular robot segment is likely the largest due to its versatility and widespread use in various industries, the other segments play crucial roles in specific applications where their unique characteristics offer advantages in terms of precision, speed, payload capacity, or stability.
Regional Trends of the Global Modular Robotics Market
Asia-Pacific exhibits a growing interest in service robots for the healthcare and hospitality sectors
Geographically, the global modular robotics market is segmented into North America, Europe, Asia-Pacific, Middle East and Africa, and South America.
Following are some of the major trends in these regions –
North America: North America, particularly the United States, has been at the forefront of technological advancements and innovation in robotics. The region has a strong presence of established robotics companies and a robust ecosystem of research and development.
The modular robotics market in North America is driven by the adoption of automation across industries such as manufacturing, healthcare, and logistics. Additionally, there is a focus on collaborative robotics and the integration of artificial intelligence in modular robotic systems.
Europe: Europe has a significant presence in the modular robotics market, with countries like Germany, Switzerland, and the United Kingdom leading in technology and industrial automation. The region places a strong emphasis on manufacturing and industrial sectors, driving the demand for modular robotics solutions. Europe is also known for its collaborative robotics initiatives, aiming to enhance human-robot collaboration and productivity.
Asia-Pacific: The Asia-Pacific region, particularly countries like China, Japan, and South Korea, is witnessing substantial growth in the modular robotics market. These countries have a strong manufacturing base and are early adopters of automation and robotics.
Asia-Pacific is known for its advancements in industrial automation and the deployment of modular robots in manufacturing industries such as automotive, electronics, and semiconductor. The region also exhibits a growing interest in service robots for sectors like healthcare and hospitality.
Middle East and Africa: The modular robotics market in the Middle East and Africa region is relatively smaller compared to other regions. However, there is a growing interest in automation and robotics across industries such as manufacturing, logistics, and healthcare.
Countries like the United Arab Emirates, Saudi Arabia, and South Africa are witnessing increased adoption of robotics technologies, including modular robotics, to enhance operational efficiency and productivity.
South America: South America is witnessing a gradual increase in the adoption of modular robotics, driven by the industrial sectors and emerging economies. Countries like Brazil and Argentina are investing in automation technologies to improve manufacturing processes and gain a competitive edge.
There is also a focus on utilizing robotics in sectors like agriculture, mining, and energy. While the market is still developing, there are opportunities for growth and technological advancements in the modular robotics sector in South America.
Key players and market strategies:
Companies operating in the global modular robotics market have employed various growth strategies to expand their market presence and gain a competitive edge.
Here are some major growth strategies adopted by these companies, along with relevant industry examples:
Product Development and Innovation: Companies focus on continuous product development and innovation to introduce new and improved modular robotic systems. For instance, Universal Robots, a leading modular robotics company, regularly introduces new robot models with enhanced features and capabilities to cater to diverse industry needs.
Partnerships and Collaborations: Companies form strategic partnerships and collaborations to leverage complementary technologies and expertise. A notable example is the partnership between ABB and Kawasaki Heavy Industries, where they collaborated to develop and market next-generation collaborative robots for industrial automation applications.
Acquisitions and Mergers: Companies acquire or merge with other organizations to expand their capabilities, market reach, and customer base. An industry example is the acquisition of Rethink Robotics by HAHN Group, which enabled HAHN Group to enhance its modular robotics portfolio and extend its market presence.
Strategic Alliances and Distribution Agreements: Companies establish alliances and distribution agreements to enhance their market penetration and reach. For instance, FANUC Corporation has a network of authorized system integrators and distributors worldwide, allowing them to effectively serve customers in different regions.
Service and Support Expansion: Companies focus on providing comprehensive service and support offerings to ensure customer satisfaction and build long-term relationships. Universal Robots, for instance, offers a wide range of training, support, and integration services to assist customers in deploying and maintaining their modular robot systems.
ABB, FANUC Corporation, Festo AG & Co. KG, KUKA AG, Mitsubishi Electric Corporation, Nachi-Fujikoshi Corporation, Omron Corporation, Rethink Robotics, Rockwell Automation, Inc., Siasun Robot & Automation Co., Ltd., Stäubli International AG, Universal Robots A/S, Yaskawa Electric Corporation, Yamaha Motor Co., Ltd., YRG Robotics and many more.
Global Modular Robotics Market Segmentation:
By Robot Type:
- Articulated Modular Robots
- Cartesian Modular Robots
- SCARA Modular Robots
- Parallel Modular Robots
By Component:
- Hardware
- Software
- Services
By End-User Industry:
- Automotive
- Electronics and Semiconductor
- Healthcare and Medical
- Food and Beverage
- Logistics and Warehousing
- Aerospace and Defense
- Agriculture
- Others
Based on Region
- North America
- United States
- Canada
- Rest of North America
- Europe
- Germany
- United Kingdom
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- India
- China
- Australia
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- UAE
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- South America
- Brazil
- Rest of South America
- Introduction
- Research Objectives
- Report Assumptions
- Research Methodology
- Abbreviations
- Preface
- Market Definition
- Report Scope and Market Segmentation
- Research Highlights
- Market Synopsis: Global Modular Robotics Market
- Global Modular Robotics Market Qualitative Analysis
- Trends
- Market trends
- Technology Trends
- PESTLE Analysis (For 3 prominent countries)
- Market Influencers
- Driving Forces
- Hindering Forces
- Opportunities
- COVID-19 impact
- Porter’s Five Forces
- Trends
- Global Modular Robotics Market Analysis and Forecast, by Robot Type
- Overview and definitions
- Key segment analysis
- Global Modular Robotics Market Size Estimates (US$ Mn), by Robot Type, 2019 – 2032
- Articulated Modular Robots
- Cartesian Modular Robots
- SCARA Modular Robots
- Parallel Modular Robots
- Global Modular Robotics Market Analysis and Forecast, by Component
- Overview and definitions
- Key segment analysis
- Global Modular Robotics Market Size Estimates (US$ Mn), by Component, 2019 – 2032
- Hardware
- Software
- Services
- Global Modular Robotics Market Size Estimates (US$ Mn), by End Use Industry, 2019 – 2032
- Overview and definitions
- Key segment analysis
- Global Modular Robotics Market Size Estimates (US$ Mn), by End Use Industry, 2019 – 2032
- Automotive
- Electronics and Semiconductor
- Healthcare and Medical
- Food and Beverage
- Logistics and Warehousing
- Aerospace and Defense
- Agriculture
- Others
- Global Modular Robotics Market Analysis and Forecast, by Region
- Overview and definitions
- Key segment analysis
- Global Modular Robotics Market Size Estimates (US$ Mn), by Region, 2019 – 2032
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- South America
- North America Modular Robotics Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- North America Modular Robotics Market Size Estimates (US$ Mn), by Robot Type, 2019 – 2032
- Articulated Modular Robots
- Cartesian Modular Robots
- SCARA Modular Robots
- Parallel Modular Robots
- North America Modular Robotics Market Size Estimates (US$ Mn), by Component, 2019 – 2032
- Hardware
- Software
- Services
- North America Modular Robotics Market Size Estimates (US$ Mn), by End Use Industry, 2019 – 2032
- Automotive
- Electronics and Semiconductor
- Healthcare and Medical
- Food and Beverage
- Logistics and Warehousing
- Aerospace and Defense
- Agriculture
- Others
- North America Modular Robotics Market Size Estimates (US$ Mn), Country, 2019 – 2032
- The U.S.
- Canada
- Rest of North America
- Europe Modular Robotics Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Europe Modular Robotics Market Size Estimates (US$ Mn), by Robot Type, 2019 – 2032
- Articulated Modular Robots
- Cartesian Modular Robots
- SCARA Modular Robots
- Parallel Modular Robots
- Europe Modular Robotics Market Size Estimates (US$ Mn), by Component, 2019 – 2032
- Hardware
- Software
- Services
- Europe Modular Robotics Market Size Estimates (US$ Mn), by End Use Industry, 2019 – 2032
- Automotive
- Electronics and Semiconductor
- Healthcare and Medical
- Food and Beverage
- Logistics and Warehousing
- Aerospace and Defense
- Agriculture
- Others
- Europe Modular Robotics Market Size Estimates (US$ Mn), Country, 2019 – 2032
- Germany
- United Kingdom
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific Modular Robotics Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Asia Pacific Modular Robotics Market Size Estimates (US$ Mn), by Robot Type, 2019 – 2032
- Articulated Modular Robots
- Cartesian Modular Robots
- SCARA Modular Robots
- Parallel Modular Robots
- Asia Pacific Modular Robotics Market Size Estimates (US$ Mn), by Component, 2019 – 2032
- Hardware
- Software
- Services
- Asia Pacific Modular Robotics Market Size Estimates (US$ Mn), by End Use Industry, 2019 – 2032
- Automotive
- Electronics and Semiconductor
- Healthcare and Medical
- Food and Beverage
- Logistics and Warehousing
- Aerospace and Defense
- Agriculture
- Others
- Asia Pacific Modular Robotics Market Size Estimates (US$ Mn), Country, 2019 – 2032
- Japan
- India
- China
- Australia
- Rest of Asia Pacific
- Middle East & Africa Modular Robotics Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Middle East & Africa Modular Robotics Market Size Estimates (US$ Mn), by Robot Type, 2019 – 2032
- Articulated Modular Robots
- Cartesian Modular Robots
- SCARA Modular Robots
- Parallel Modular Robots
- Middle East & Africa Modular Robotics Market Size Estimates (US$ Mn), by Component, 2019 – 2032
- Hardware
- Software
- Services
- Middle East & Africa Modular Robotics Market Size Estimates (US$ Mn), by End Use Industry, 2019 – 2032
- Automotive
- Electronics and Semiconductor
- Healthcare and Medical
- Food and Beverage
- Logistics and Warehousing
- Aerospace and Defense
- Agriculture
- Others
- Middle East & Africa Modular Robotics Market Size Estimates (US$ Mn), Country, 2019 – 2032
- Saudi Arabia
- South Africa
- UAE
- Rest of Middle East
- South America Modular Robotics Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- South America Modular Robotics Market Size Estimates (US$ Mn), by Robot Type, 2019 – 2032
- Articulated Modular Robots
- Cartesian Modular Robots
- SCARA Modular Robots
- Parallel Modular Robots
- South America Modular Robotics Market Size Estimates (US$ Mn), by Component, 2019 – 2032
- Hardware
- Software
- Services
- South America Modular Robotics Market Size Estimates (US$ Mn), by End Use Industry, 2019 – 2032
- Automotive
- Electronics and Semiconductor
- Healthcare and Medical
- Food and Beverage
- Logistics and Warehousing
- Aerospace and Defense
- Agriculture
- Others
- South America Modular Robotics Market Size Estimates (US$ Mn), Country, 2019 – 2032
- Brazil
- Argentina
- Rest of South America
- Competition Analysis – Modular Robotics Market
- Market Composition
- Market Share Analysis (%), by Supplier (2022)
- Company Profiles
- ABB Ltd.
- Business overview
- Geographic presence
- Financial facts
- Relevant news and strategic view
- FANUC Corporation
- Festo AG & Co. KG
- KUKA AG
- Mitsubishi Electric Corporation
- Nachi-Fujikoshi Corporation
- Omron Corporation
- Rethink Robotics
- Rockwell Automation, Inc.
- Siasun Robot & Automation Co., Ltd.
- Stäubli International AG
- Universal Robots A/S
- Yaskawa Electric Corporation
- Yamaha Motor Co., Ltd.
- YRG Robotics
- ABB Ltd.
- Conclusion & Recommendations
Frequently asked questions about this report
How big is the modular robotics market?
The modular robotics market size is expected to reach US$ 50 billion by 2032.
What is the modular robotics market growth?
The modular robotics market is expected grow at a CAGR of 18% from 2023 to 2032.
What was the value of the modular robotics market in 2022?
The modular robotics market was estimated to be US$ 9.5 billion in 2022.
What are the key drivers for the global modular robotics market?
The global modular robotics market is driven by key factors including, increasing adoption of automation across various industries, growing demand for flexible and adaptable robotic systems and the need for collaborative robots, or cobots.
Who are the key players in modular robotics market?
The key players in modular robotics market are ABB, FANUC Corporation, Festo AG & Co. KG, KUKA AG, Mitsubishi Electric Corporation, Nachi-Fujikoshi Corporation, Omron Corporation, Rethink Robotics, Rockwell Automation, Inc., Siasun Robot & Automation Co., Ltd., Stäubli International AG, Universal Robots A/S, Yaskawa Electric Corporation, Yamaha Motor Co., Ltd., YRG Robotics and many more.
Which robot type is the largest in the modular robotics market?
The articulated modular robot segment is largest segment in the market. The popularity of articulated modular robots can be attributed to their versatility and ability to perform complex tasks that require dexterity and maneuverability.
What are the growth driving factor for the North American modular robotics market?
The modular robotics market in North America is driven by the adoption of automation across industries such as manufacturing, healthcare, and logistics.