IFR: industrial robot deployments have doubled in 10 years

The International Federation of Robotics (IFR) reported that industrial robot installations worldwide reached 542,000 units in 2024, more than doubling the number from a decade ago. This marks the fourth consecutive year with over 500,000 units installed annually, with Asia dominating 74% of new deployments, followed by Europe at 16% and the Americas at 9%. The total operational stock of industrial robots globally increased by 9% to 4.66 million units in 2024, reflecting strong ongoing demand driven by industries transitioning to digital and automated processes. China remains the largest robotics market, accounting for 54% of global installations with a record 295,000 units installed in 2024. Notably, Chinese manufacturers now hold a majority domestic market share of 57%, up from 28% a decade ago, and the country’s operational robot stock surpassed 2 million units. Other Asian markets also show significant activity: Japan installed 44,500 units (a slight