The International Federation of Robotics (IFR) has released the new World Robotics 2025 Report that stated showed 542,000 robots industrial robots were installed in 2024 – more than double the number 10 years ago.
The report also stated that annual installations topped 500,000 units for the fourth straight year.
The Asia market accounted for 74% of new deployments in 2024, compared with 16% in Europe and 9% in the Americas.
Industrial robot installations in Europe fell 8% to 85,000 units in 2024, still the second largest number recorded in history.
While 80% of all European robot installations took place in the European Union (67,800 units).
IFR also reported that robot demand in Europe benefited from the nearshoring trend. The annual average growth rate from 2019 to 2024 was plus 3%.
The OECD and the IMF expect global growth in a range of 2.9% to 3.0% in 2025 and 2.9% and 3.1% in 2026.
However, geopolitical tensions, violent conflicts in Eastern Europe and the Middle East, and trade disruptions are exerting their negative impact on the global economy.
The robotics industry is not immune to global macroeconomic conditions, but there is no indication that the overall long-term growth trend will come to an end any time soon.
While regional trends vary substantially, the aggregate global trajectory remains positive.
Globally, robot installations are expected to grow by 6% to 575,000 units in 2025. By 2028, the 700,000-unit mark will be surpassed.
President of the International Federation of Robotics, Takayuki Ito, said: “The new World Robotics statistics show 2024 the second highest annual installation count of industrial robots in history – only 2% lower than the all-time-high two years ago.
“The transition of many industries into the digital and automated age has been marked by a huge surge in demand.
“The total number of industrial robots in operational use worldwide was 4,664,000 units in 2024 – an increase of 9% compared to the previous year.”
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