Smart Robot Market

The global smart robots market is expected to grow from USD 16.20 billion in 2025 to USD 42.80 billion by 2030 at a CAGR of 21.5% from 2025 to 2030. The growing emphasis on manufacturing automation is one of the key drivers behind the increasing popularity of smart robots. Automation has become imperative with industries under pressure to improve productivity, lower costs, and ensure high-quality output. AI-driven and sensor-equipped smart robots can execute complicated and repetitive processes with high precision and consistency. Market players are increasingly adopting strategies, such as technological innovation, product customization, and strategic partnerships. Leading companies focus on integrating machine learning, edge computing, and vision systems to develop smarter, more responsive robots.

iRobot Corporation (US), SoftBank Robotics Group (Japan), ABB (Switzerland), KUKA AG (Germany), FANUC CORPORATION (Japan), YASKAWA ELECTRIC CORPORATION (Japan), Amazon.com, Inc. (US), Hanson Robotics Ltd. (US), and Blue Frog Robotics (France) are the major players in the smart robots market. Market participants have increased their product offerings, expanding their global reach through strategic growth approaches, including new product launches, collaborations, and partnerships.

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Major Smart Robots Companies Include:

• iRobot Corporation (US)
• SoftBank Robotics Group (Japan)
• ABB (Switzerland)
• KUKA AG (Germany)
• FANUC CORPORATION (Japan)

For instance, in May 2023, Yaskawa Electric Corporation partnered with Oishii, a US-based startup focused on strawberry cultivation, to promote agricultural automation. The collaboration aimed to support fully automated strawberry production using Yaskawa’s i3 Mechatronics solution, positioning the company as a global leader in food and agricultural automation while contributing to sustainable food supply systems.

In August 2024, Kongsberg Maritime partnered with Smart Ship Hub to integrate Vessel Insight into Smart Ship Hub’s platform. This partnership focused on enhancing vessel and voyage performance through improved diagnostics, machinery monitoring, and predictive maintenance solutions.

iRobot Corporation (US)

iRobot Corporation was established by roboticists from the Massachusetts Institute of Technology to bring practical robots to everyday life. The company’s product lineup includes the Roomba robotic vacuum cleaner, Braava robotic mop, Tera Mow robotic lawn mower, and Root educational coding robot. Roomba models, priced between USD 250–1,100, feature automatic dirt disposal and smart navigation. Braava, retailing for USD 200–500, uses electrostatic and specialized mopping fibers, while Root, priced at USD 200, fosters early STEM learning. It also leads a national STEM education program to promote robotics among youth. Strategically, it emphasizes product innovation, user-centric design, and AI-driven home automation, supported by its proprietary Imprint Smart Mapping and obstacle-avoidance technologies. Its core competencies lie in autonomous navigation, machine learning, and consumer-friendly robotic design.

To strengthen its market position, it has engaged in product launches, notably for the evolution of robotics, such as the introduction of the Roomba Combo 10 Max Robot + AutoWash Dock, which is a 2-in-1 Roomba Combo 10 Max and brings independent cleaning to a new level.

SoftBank Robotics Group (Japan)

SoftBank Robotics Group, a subsidiary of the SoftBank Group, manages the conglomerate’s robotics business. In 2017, the company expanded its capabilities by acquiring Boston Dynamics (US), a leading developer of warehouse and mobile robots. This acquisition added several advanced robots to its product portfolio, including Spot, Handle, Pick, and Atlas, the company’s humanoid robot. In 2025, the company entered a strategic partnership with McLaren International Pty Ltd, one of the leading hospitality cloud technology providers and system integrators in Asia Pacific, to transform facility management in the Australian hospitality sector through robotics and AI-driven automation technologies. One of the key products, NAO, is a 2-foot-tall bipedal robot widely adopted in the retail, education, and research sectors for interactive tasks and customer engagement. The company collaborates with over 60 certified partners and provides robotics solutions in industries, including retail, finance, government, healthcare, tourism, and education & research. It comprises several entities, including SoftBank Robotics Group (Japan), SoftBank Robotics Europe SAS (France), SoftBank Robotics America Inc. (US), SoftBank Robotics China (China), and Asratec (Japan).

Market Ranking

The smart robots market is moderately consolidated, with leading players, such as iRobot Corporation (US), SoftBank Robotics (Japan), ABB (Switzerland), KUKA AG (Germany), and FANUC CORPORATION (Japan), collectively accounting for approximately 15–20% of the market share. Their dominance stems from strong technological capabilities, diverse product offerings, and expansive global reach. iRobot Corporation leads consumer robotics with popular products, including Roomba and Braava. At the same time, SoftBank Robotics is recognized for its humanoid robot Pepper, which is used in education and customer interaction. ABB and KUKA AG are major players in industrial automation, offering smart robots powered by AI and IoT integration. FANUC CORPORATION focuses on precision robotics for manufacturing and logistics. These companies sustain their market positions through continuous R&D, strategic acquisitions, and global collaborations, addressing sectors from home automation to heavy industry. With the rise in automation, these key players are expected to drive further innovation and growth in the smart robotics space.

Related Reports:

Smart Robots Market by Component (Sensors, Actuators, Power Sources, Control Systems, Software), Type (Industrial, Service), Operating Environment (Ground, Underwater), Mobility (Stationary, Mobile), Application and Region - Global Forecast to 2030

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