The global industrial robotics market, valued at USD 34.76 billion in 2024, is projected to grow at a compound annual growth rate (CAGR) of 10.1% during the forecast period. This growth is driven by the increasing demand for automation across various industries, the need to address labor shortages, and the desire to enhance operational efficiency. However, regional dynamics significantly influence the adoption and development of industrial robotics, with Asia Pacific, North America, and Europe emerging as key players in this evolving landscape. In Asia Pacific, China stands out as a dominant force in the industrial robotics market. In 2024, China installed 295,000 industrial robots, accounting for 54% of global installations. This surge is attributed to substantial government investments, including a $1.9 trillion state-directed industrial lending initiative aimed at shifting investment from real estate to manufacturing. Consequently, Chinese suppliers now capture 57% of their home market, reflecting a significant shift towards domestic production and innovation. North America, while trailing behind Asia Pacific in terms of installations, remains a significant market for industrial robotics. The United States installed 34,200 industrial robots in 2024, a 9% decline from the previous year. Despite this dip, the U.S. continues to be a hub for robotics innovation, with companies like FANUC and ABB leading the charge. The U.S. government's focus on reshoring manufacturing and investing in advanced technologies is expected to bolster the demand for industrial robotics in the coming years. Read More @ https://www.polarismarketresearch.com/industry-analysis/industrial-robotics-market