Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 4.62 Billion | USD 10.89 Billion | 9.1% | 2024 |
The global robotic cutting, deburring, and finishing market size was worth around USD 4.62 Billion in 2024 and is predicted to grow to around USD 10.89 Billion by 2034 with a compound annual growth rate (CAGR) of roughly 9.1% between 2025 and 2034.
The report analyzes the global robotic cutting, deburring, and finishing market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the robotic cutting, deburring, and finishing industry.
Manufacturing industries eventually began to see the long-term financial and operational advantages of cutting, deburring, and finishing robots over traditional machinery and began to incorporate these robots into their production facilities. The global robotic cutting, deburring, and finishing market began to gain traction as a result of its advantages over traditional cutting, deburring, and finishing instruments. The need for industrial robots is always increasing due to the manufacturing sector's need for high productivity and accuracy over the forecast period. Over traditional manufacturing and production processes, automation and artificial intelligence (AI) boost accuracy, speed, and innovation, which is propelling the market growth.
The introduction of artificial intelligence, machine learning, IIoT, and human-machine interface technology has expanded the Robotics Market with important applications in digitalization industry verticals like healthcare, logistics, manufacturing, defense, entertainment, and others. Growth factors such as increased concern for and development of energy-efficient drive systems, as well as intense competition among industrial verticals to shift toward sophisticated technology and automation, are primarily driving the Robotics Market Growth.
Robotic Cutting, Deburring, and Finishing Market: Driver
The electronics sector is undergoing a period of continuous innovation and sophistication. Due to the trend toward smaller, lighter, and slimmer electronic goods such as smartphones and tablets, the structure of microchips in electronic devices is getting more compact. Components like as integrated circuits, diodes, transistors, and resistors are becoming shrunk at an increasing rate and cannot be accurately perceived with the naked human eye. Since the increased demand for smartphones, gaming consoles, and wearable devices, the electronics industry is expecting greater growth during the projection period. According to the leading electronic component makers, economies of scale and smart factory deployment have considerably reduced production costs.
With the increased usage of robotics, the demand for human labor will reduce significantly as it provides greater accuracy and precision. The increasing usage of CNC machines, as well as the possibility of job loss, are projected to halt the growth of this business in the next years. Technical complexity and greater starting cost price are two market restrictions. These are having a negative effect on market growth. Robot development in R&D necessitates the use of numerous sensors such as gesture, motion, and voice recognition sensors. Since most products are pricey, finding materials at a reasonable price is difficult.
The Robotic Cutting, Deburring, and Finishing Market are segregated based on Type, and Applications.
By Applications, the market is classified into Automotive Industry, Metal Industry, Electronics Industry, and Others. During the manufacturing process, automotive assembly lines include industrial robots for a variety of functions including assembly, material handling, material removal, and welding. Cutting, deburring, and finishing robots have enabled the automobile industry to improve the precision of their old manufacturing processes, allowing them to be transformed into more efficient manufacturing methods.
By Type, the market is classified into 6-Axis and 7-Axis, 3-Axis to 5-Axis. The 6-Axis and 7-Axis are expected to dominate the market in the forecast period. As their range of motion is almost equivalent to that of a human arm, six-axis robots are the industry standard for robotic automation. However, as robots have improved, so has the complexity of applications, prompting some manufacturers to automate using high-DOF robots, primarily seven-axis models.
Report Attributes | Report Details |
---|---|
Report Name | Robotic Cutting, Deburring, and Finishing Market |
Market Size in 2024 | USD 4.62 Billion |
Market Forecast in 2034 | USD 10.89 Billion |
Growth Rate | CAGR of 9.1% |
Number of Pages | 199 |
Key Companies Covered | ABB, FANUC, Kawasaki Heavy Industries, KUKA, Yaskawa Motorman, ARCOS, ATI Industrial Automation, Fastems, Genesis Sytems, Romheld Automation, DAIHEN Corporation, DENSO Robotics, Staubli International AG, Universal Robots, Comau, and others. |
Segments Covered | By Type, By Applications, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, The Middle East and Africa (MEA) |
Base Year | 2024 |
Historical Year | 2020 to 2023 |
Forecast Year | 2025 - 2034 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The Asia Pacific is estimated to be dominant in the global market in the forecast period. The rising population and disposable income of individuals boost consumption of consumer goods and other products, resulting in increased production capacity and market size. As the region's population ages, government institutions in the region intend to rely increasingly on robots than on humans.
The North American Region was an early supporter of industrial robots because of modest manufacturing expansion and industrial automation. The leading country, the United States, is at the top due to a higher rate of robot adoption. The North American regional market is expanding as a result of the rising deployment of robots in industrial and domestic settings. The region's regional market is being driven by the advanced expansion and development of cutting-edge robotics technology.
The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market, including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the robotic cutting, deburring, and finishing market on a global and regional basis.
The global robotic cutting, deburring, and finishing market is dominated by players like:
The global robotic cutting, deburring, and finishing market is segmented as follows;
By Type
By Applications
By Region
FrequentlyAsked Questions
Leading players in the global robotic cutting, deburring, and finishing market include ABB, FANUC, Kawasaki Heavy Industries, KUKA, Yaskawa Motorman, ARCOS, ATI Industrial Automation, Fastems, Genesis Sytems, Romheld Automation, DAIHEN Corporation, DENSO Robotics, Staubli International AG, Universal Robots, Comau, among others.
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