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

Montfort Boys Town Reinforces Malaysia’s TVET Talent Pipeline With 107 Skilled Graduates

MBT Strengthens Commitment To Empowering Neurodivergent Learners Through Inclusive Vocational TrainingSELANGOR, MALAYSIA - Media OutReach Newswire – 3 July 2026 – Montfort Boys Town has produced y...

HARRIS Hotel & Conventions Sunshine Penang Opens, Marking the Brand’s First Presence in Malaysia

The Ascott Limited introduces a vibrant integrated stay, events and lifestyle hotel within Sunshine Central, Ayer Itam.PENANG, MALAYSIA - Media OutReach Newswire - 3 July 2026 - HARRIS Hotel &...

Lawnova Returns to spoga+gafa with Second-Generation Robotic Mower Built for AI Boundary Setup-Free Navigation

COLOGNE, GERMANY - Media OutReach Newswire - 3 July 2026 - As spoga+gafa opens its doors in Cologne, Yosemite Robotics is returning to Europe with Lawnova, its own robotic mower brand, and a secon...

Southeast Asia’s First AIGC Creation Ecosystem Platform - Omirol Launched, Partnering with China’s V Valley Industrial Chain to Build a New China–Malaysia AI Landscape

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 3 July 2026 - The 2026 Malaysia AI Innovation and Development Exchange Forum and the launch of Omirol, Southeast Asia's first native AIGC creatio...

Kara Capital leads Japanese consortium into $454 million World Square Office Acquisition

SINGAPORE - Media OutReach Newswire - 3 July 2026 - Kara Capital is pleased to announce that it has successfully advised a consortium of Japanese corporate investors in connection with the ac...

Elm to Showcase Saudi Digital Transformation Model at LEAP East Hong Kong, Eyes APAC Collaboration

HONG KONG SAR - Media OutReach Newswire - 3 July 2026 - Saudi Arabia's Elm Company will take part in LEAP East Hong Kong 2026 as Business Solutions Partner, the company has announced, ahead of th...

THINKCAR Unveils Tyler as the Industry's First AI Diagnostic Agent at Global Distributors Conference

SHENZHEN, CHINA - Media OutReach Newswire - 3 July 2026 - The automotive aftermarket faces a technician shortage: only one candidate exists for every four open roles. Today, THINKCAR unveiled Tyle...

Stewardship Asia Centre Rebrands as Steward Leadership Institute, Marking a New Chapter in Its Mission to Build Purpose-Driven Leaders

The rebrand reflects the organisation's evolution from a convening platform to a fully-fledged institute equipping leaders to create lasting value for organisations, society, and the environment.SI...

VEC continues to expand its strategic partner ecosystem, completing an integrated value chain for international exhibitions and events in Vietnam

Vietnam Exposition Center (VEC) has signed strategic partnership agreements with leading organizations in the exhibition, trade promotion, and media sectors, including COEX, Chan Chao International...

Asia Pacific Logistics Markets Diverge Despite 47% Tenant-Favourable Conditions as Supply Constraints Begin to Shift Balance

Tenant-favorable markets in APAC expected to moderate as conditions tighten Supply-constrained markets - Australia, Japan and Singapore are seeing rising competition 54%...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...

The New Pressure Gap Crushing Small Businesses

Starting any business and making it prosper is a major undertaking. Part of the challenge is managing the uncertainty, but the financial pressures o...

Click Frenzy returns with a free EOFY sale event for retailers this month

New owners Gabby and Hezi Leibovich bring back Australia’s leading ecommerce sales event with Australia Post as Major Sponsor   Click Frenzy is ...

The 95 Per Cent Failure Rate Is Not An AI Problem

Most Australian SMEs I speak with are already having a go at AI. Some are running formal pilots, others have a team member quietly experimenting o...

New AR tech helping to solve field service skills crisis

AI-enabled augmented reality (AR) smart glasses are emerging as a new practical solution to fill a shortage of field service technicians maintaini...

For Midsize Companies, Global Payroll Systems Matter More to Business-Security Than You Think

When a midsize company expands across borders, its payroll operation becomes exponentially more complex. These organisations typically face a new ...