Business Daily Media

The Times


.

Record 4 Million Robots on Factory Floors Worldwide

  • World Robotics 2024 Report by International Federation of Robotics released

FRANKFURT, GERMANY - Newsaktuell - 24 September 2024 - The new World Robotics report recorded 4,281,585 units operating in factories worldwide - an increase of 10%. Annual installations exceeded half a million units for the third consecutive year. By region, 70% of all newly deployed robots 2023 were installed in Asia, 17% in Europe and 10% in the Americas.

"The new World Robotics statistics show an all-time high in the number of industrial robots automating production around the world," says Marina Bill, President of the International Federation of Robotics. / ©ABB

"The new World Robotics statistics show an all-time high in the number of industrial robots automating production around the world," says Marina Bill, President of the International Federation of Robotics. "The annual installation figure of 541,302 units in 2023 is the second highest in history. It is only 2% lower than the record of 552,946 units installed in 2022."

Asia, Europe and the Americas - overview

China is by far the world´s largest market. The 276,288 industrial robots installed in 2023 represent 51% of the global installations. This result is the second highest level ever recorded (2022: 290,144 units). The share of Chinese manufacturers in the domestic market has grown considerably since 2022, reaching 47% in 2023. It has fluctuated around 28% over the past decade. The operational stock was just shy of the 1.8-million-unit-mark in 2023, making China the first and only country in the world with such a large robot stock. Demand for robots is expected to accelerate in the second half of 2024, contributing to a more stable market by the end of the year. In the longer term, there is still a lot of growth potential in Chinese manufacturing, with the potential for 5-10% average annual growth until 2027.

Japan remained the second largest global market for industrial robots, behind China. Robot installations reached 46,106 units in 2023 - down 9%. This followed two strong years, peaking at 50,435 units in 2022 - the second-best result after 2018 (55,240 units). Demand for robots is expected to remain stagnant in 2024 but recover in 2025 and the following years to medium and upper single-digit rates.

The market in the Republic of Korea is trending sideways: Installations reached 31,444 units in 2023 - down 1% year-on-year. The country was the fourth largest robot market in the world in terms of annual installations, after the United States, Japan, and China.

India is one of the fastest growing emerging Asian economies. Robot installations increased by 59% to 8,510 units in 2023, a new high. Demand from the automotive industry soared to 3,551 units - an increase of 139%. Both car manufacturers and suppliers contributed to this development.

Europe

Industrial robot installations in Europe rose 9% to a new high of 92,393 units. In total, 80% of installations in 2023 could be attributed to destinations in the European Union (73,534 units, up by 2%). Delayed projects were completed, and the backlog was cleared in 2023. Robot demand in the region also benefited from the nearshoring trend. In 2023, growth was strongly driven by the automotive industry investing in traditionally strong car manufacturing countries such as Spain (5,053 units +31%) but also in smaller markets such as Slovakia (2,174 units, +48%) or Hungary (1,657 units, +31%).

Installations in Germany, the largest European market and the only European one in the global top five, were up 7% to 28,355 units. Installations in the second largest European market, Italy, declined by 9% to 10,412 units. The third largest European market, France, was down 13%, installing 6,386 units.

In the UK, industrial robot installations increased by 51% to 3,830 units in 2023. Investment was driven by installations in the automotive industry, mainly for assembly tasks.

The Americas

Robot installations in the Americas exceeded 50,000 units for the third year in a row: 55,389 units were installed in 2023, just 1% below the record level reached 2022.

The United States, the largest regional market, accounted for 68% of installations in the Americas in 2023. Robot installations were down by 5% to 37,587, this is the third highest record figure after 2022 and 2018. Demand from the automotive industry fell by 15% to 12,421 units. This was in line with the average for the past decade. Installations in the metal and machinery industry were up 8% to 4,171 units. Installations in the US electrical/electronics industry remained steady at 3,900 units (+1%).

In Canada, robot installations rose 37% to 4,311 units. Installation figures in Canada largely depend on automotive investment cycles. The share of the car industry was 58% in 2023.

Robot demand in Mexico is driven by the automotive industry, which accounts for 70% of the market: Installations from this sector fell by 5% to 4,087 units, showing the cyclical demand pattern well known in this customer segment. Total installations reached 5,832 units in 2023, a decrease of 3%.

Outlook

The OECD expects global growth to stabilize. However, geopolitical headwinds are still perceived as a major risk and uncertainty factor. Recent crises have raised political awareness of domestic production capacity in strategic industries. Automation allows manufacturers to locate production in developed economies without sacrificing cost efficiency. By 2024, the global economic downturn will have bottomed out. Global robot installations are expected to level off at 541,000 units. Growth is expected to accelerate in 2025 and continue in 2026 and 2027. There are no signs that the overall long-term growth trend will end in the near future.

Orders for World Robotics 2024 Industrial Robots and Service Robots reports can be placed online. Further downloads on the content are available here.

Downloads

IFR graphs, market presentation and press releases on selected markets in Chinese, German, and Japanese language are available at: https://ifr.org/ifr-press-releases/record-of-4-million-robots-working-in-factories-worldwide

The issuer is solely responsible for the content of this announcement.

About IFR

The International Federation of Robotics is the voice of the global robotics industry. IFR represents national robot associations, academia, and manufacturers of industrial and service robots from over twenty countries:

The IFR Statistical Department provides data for two annual robotics studies:

World Robotics - Industrial Robots: This unique report provides global statistics on industrial robots in standardized tables and enables national comparisons to be made. It presents statistical data for around 40 countries broken down into areas of application, customer industries, types of robots and other technical and economic aspects. Production, export and import data is listed for selected countries. It also offers robot density, i.e. the number of robots per 10,000 employees, as a measure for the degree of automation.

World Robotics - Service Robots: This unique report describes marketable products, tasks, challenges and new developments by service robots application. The report includes the results of the annual IFR service robot survey* on global sales of professional and consumer service robots and an industry structure analysis including a full list of all service robot producers known to the IFR. The study is jointly prepared with the robotics experts of Fraunhofer IPA, Stuttgart.

Follow IFR on and

News from Asia

Asia to add 700+ million middle-class adults by 2036 as e-commerce moves beyond cards, WDL and EBANX find

Joint study shows emerging markets will generate 60% of new online spending over the next decade — most of it from consumers without a credit cardSINGAPORE – Media OutReach Newswire – 21 October 2...

Solcis launches open compliance layer for AI agents on NVIDIA OpenShell

Solcis extends open security guardrails such as NVIDIA OpenShell and Microsoft’s AGT with the controls compliance professionals need, in a platform built to be self-hosted.SINGAPORE – Media OutRea...

Doremi3babies 10th Anniversary: Featured Caraz Play Mats, with 10% Off First Purchases and Free Home Delivery for Taiwan Members

Play mats, playpen fences and bumper beds in one place — new members get 10% off their first Caraz purchase, with every item in the Taiwan store duty-free and delivered free to the doorTAIPEI, TAIW...

Cross-Sector Collaboration For World Sight Day: Orbis, HKOS, Southern District Office, and Southern District Care Team Jointly Launch "Southern District Eye Care Day" - Calling on the Next Generation to Accompany and Protect Senior Vision

HONG KONG SAR – Media OutReach Newswire – 21 October 2026 – To mark the annual World Sight Day, international sight-saving organization Orbis, in partnership with the Hong Kong Ophthalmological So...

New Documentary Beyond Engineering: Guardians of Flight to Debut October 23 on Discovery Channel in Southeast Asia

SINGAPORE – Media OutReach Newswire – 21 October 2026 – Discovery Channel's Beyond Engineering: Guardians of Flight premieres on Friday, October 23. This new documentary highlights Taiwan-...

7-Eleven Malaysia Brings 20-Year Vision for Inclusive Employment with New CAFé by 7-Eleven at Universiti Malaya

Inspired by a personal rehabilitation experience, the initiative builds on a long-standing vision to connect rehabilitation with workplace exposure and potential employment opportunities for person...

MindFlex Education: A Home Tutor Costs Singapore Families a Median of S$390 a Month, Rising from S$325 at Primary to S$553 at Junior College

MindFlex Education’s 7-year study of more than 100,000 home tuition arrangements shows what families actually pay, who they hire, and when they look for helpSINGAPORE – Media OutReach Newswire – 2...

"Intelligent Computing Empowers a Shared Future": China Telecom Global and HKUST Establish Joint Laboratory on AI for Telecommunications

HONG KONG SAR – Media OutReach Newswire – 21 October 2026 – China Telecom Global (CTG) and The Hong Kong University of Science and Technology (HKUST) have held the signing ceremony for the HKUST–C...

Lee Kum Kee Sauce Supports Next Generation of Hong Kong Sailers at HKODA Open & National Championships 2026

A heritage Hong Kong brand backs local youth sailing and healthy livingHONG KONG, CHINA – Media OutReach Newswire – 21 October 2026 – Lee Kum Kee Sauce ("Lee Kum Kee") sponsored the HKODA Open &am...

GoImpact’s Green Tech Summit returns for its third year to turn cross-sector dialogue into action

The annual flagship program builds on the success of its first two editions, bringing global experts together around an agenda shaped by the green transition's most urgent challenges and opportunit...

Australian workers spend almost an hour a day administering email

Research finds email filing, searching and rework consuming an estimated 58 minutes a day and potentially exposing organisations to millionsAustralian...

Customer Service Is Becoming Part of the Small Business Sales and Marketing Engine

For Customer Service Week, 5-9 October, Thryv is urging small businesses to look beyond generating  enquiries and examine what happens after a custome...

Gift Cards as the gateway to agentic payments

Prepaid and stored value gives consumers the trust and control to try AI shopping agents By Blackhawk Network VP Head of ANZ Kieran Nolan For deca...

Why Data Accumulation Without Governance Undermines Sustainability Goals

In July 2026, Group 2 entities, the second cohort of Australian businesses, began their first reporting period under the mandatory climate disclosur...

Permanent $20,000 Instant Asset Write-Off Gives Small Businesses Greater Planning Certainty

The Federal Government’s decision to permanently legislate the $20,000 instant asset write-off will give eligible small businesses greater certainty...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...