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

KiddiWinkie Schoolhouse: Singapore’s First to Introduce Up to 90 Minutes of Outdoor Play

KiddiWinkie Schoolhouse has become the first preschool in Singapore to introduce up to 90 minutes of outdoor play a day, an approach it grounds in the science of early brain development. SIN...

Shama Responds to the Rise in Multi-City Living Among Today’s Professionals, Elevating Every Stay Beyond Accommodation with ‘The Joy of Living’

BANGKOK, THAILAND – Media OutReach Newswire – 12 August 2026 – Living between cities is fast becoming part of everyday life. People travel from elsewhere in Thailand to Bangkok for health checks a...

Skyro Appoints Former Mastercard Executive to Lead Middle East Expansion 

MANAMA, BAHRAIN – Media OutReach Newswire – 12 August 2026 – Skyro, digital-first consumer finance platform headquartered in Bahrain and operating in South-East Asia, today announced plans to expa...

JETCO Connect 2.0 drives Johor - Singapore collaboration to create new tourism offerings

Tourism businesses and industry partners invited to collaborate with JETCO as Visit Johor 2026 gathers momentum.SINGAPORE – Media OutReach Newswire – 12 August 2026 – Following the successful laun...

Allianz: Data center boom ushers in a new era of infrastructure risks and opportunities for insurers

SINGAPORE – Media OutReach Newswire – 12 August 2026 – Artificial intelligence is driving one of the largest infrastructure investment cycles in decades, but the rapid global build-out of dat...

CCOHK premieres Space Fantasy - a musical spectacular on 29 and 30 August 2026 at Tsuen Wan Town Hall Auditorium

29 AUG 2026 (SAT) 3:00pm & 7:30pm 30 AUG 2026 (SUN) 3:00pm Tsuen Wan Town Hall Auditorium Presented by City Chamber Orchestra of Hong Kong HONG KONG SAR – Media OutReach Newswire – 12...

Thomson is Malaysia’s First Hospital to Install Next-Generation Integrated Surgical Energy Platform for Minimally Invasive Surgery

KOTA DAMANSARA, MALAYSIA - Media OutReach Newswire - 12 August 2026 – Thomson Hospital Kota Damansara ("Thomson") is the first hospital in Malaysia to introduce a next-generation integrated surgic...

SOKOYO Advances Global Solar Street Lighting Capabilities

BEIJING, CHINA – Media OutReach Newswire – 12 August 2026 - SOKOYO, a top manufacturer of solar street lights, has installed 252 sets of lighting units in QatarEnergy's solar power project in Ras...

ÉLLILUX Opens Its Doors at Raffles City

Introducing A New Language of Contemporary Fine JewellerySINGAPORE – Media OutReach Newswire – 12 August 2026 – A new chapter in contemporary fine jewellery begins with the opening of ÉLLILUX at #...

Plaza 66 Unveils Major Upgrade with 6,749 sq. m. of New and Reconfigured Space

Phase 3 Pavilion Expansion 100% Committed, Opening in September 2026HONG KONG SAR and SHANGHAI, CHINA – Media OutReach Newswire – 12 August 2026 – Hang Lung Properties Limited ("Hang Lung" or the ...

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...

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...