icrowd research  icrowd research  icrowd research  icrowd research  icrowd research  icrowd research  icrowd research  icrowd research icrowd research

Soft Robotics Market is expected to register a valuation of USD 3.75 Billion, at a CAGR of 30.70% by 2030

Oct 20, 2022 9:55 PM ET

Soft Robotics Market is expected to register a valuation of USD 3.75 Billion, at a CAGR of 30.70% by 2030

The Soft Robotics Market is garnering substantial traction. The market growth attributes to the rising adoption of elastically soft and versatile robots across end-use verticals.  Rising research and development in the robotics is a major driving force behind the growth of the market. Moreover, the spurring rise in the industrial sector and automation in the healthcare and food & beverages industry act as key growth drivers.

In recent years, soft robotics has emerged as the solution for flexibility and adaptability that was not possible previously with rigid robots. Besides, advancements of 3D printing manifested in soft robotics as 4D printing in response to the time-dependent printed mechanism to heat, electricity, magnetism, and pneumatic pressure foster the soft robotics market size.

The demand for soft robotics is expected to rise multi-folds as organizations increasingly adopt these techniques for rapid operation processes. In this regard, Market Research Future (MRFR) asserts that the global Soft robotics market is estimated to witness exponential revenue growth by 2030, growing at an impressive CAGR during the assessment period (2020-2030).

Get a Free Sample Copy@

Major Players 

Players leading the global soft robotics market are FANUC Corporation (Japan), Universal Robots A/S (Denmark), Techman Robot (Taiwan), KUKA AG (Germany), ABB Ltd. (Switzerland), AUBO Robotics Inc. (US), Kawasaki (Japan), Yaskawa Electric Corporation (Japan), Rethink Robotics (Germany), RightHand Robotics Inc. (US), ReWalk Robotics Ltd (Israel), Soft Robotics Inc. (US), F&P Robotics AG (Switzerland), Ekso Bionics Holdings, Inc. (US), and KAWADA Robotics Corporation (Japan), among others.

Report Scope:

 Report Attribute/Metric


  Market Size in 2030

  USD 3.75 Billion

  Growth rate:

  CAGR of 30.70% from 2022 to 2030

  Forecast Period


  Report Coverage

  Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Global Soft Robotics Market   – Segments

The soft robotics market analysis is segmented into types, applications, and regions. The type segment is sub-segmented into soft grippers, co-robots, inflated robots, wearable robots, edible robots, and others. Among these, the wearable robot segment accounts for the largest market share, witnessing wide adoption in healthcare and packaging industries to automate processes. On the other hand, the co-robot segment grows at the highest CAGR.

The application segment is sub-segmented into medical & healthcare, food & beverages, logistics, entertainment & gaming, automotive, survey & exploration, and others. Among these, the medical & healthcare segment accounts for the largest market share due to the rise in gynecology, urology, orthopedic-related disorders, and improvement in medical facilities. The region segment is sub-segmented into Asia Pacific, Americas, Europe, and rest-of-the-world.

Get Complete Report Details@

Global Soft Robotics Market   – Regional Analysis

North America leads the global soft robotics market.  The market growth attributes to the vast uptake of these robotic technologies in the automotive, healthcare, and F&B sectors. Besides, the high concentration of market players and the easy availability of proficient technical expertise drive the region’s soft robotics market share.

Also, vast investments to implement new technologies and discover new applications foster the regional market’s growth. Besides, the increasing development and high adoption of automation in production units substantiate market demand.

Europe stands second in the global soft robotics market. A large number of industries in the region have implemented robotics in their operations. Additionally, the strong presence of auto manufacturers and the need for automated vehicle manufacturing processes drive the regional market growth. Increasing R&D activities and funding to develop robotics act as major tailwinds for the market growth in the region.

The Asia Pacific region also shows substantial growth in the global soft robotics market. Growing automation in manufacturing industries with increased throughput across warehouses and distribution centers boosts the region’s market size.  Furthermore, the growing industrialization and production in the region drive the growth of the market.

Check Discount@

Global Soft Robotics Market   – Competitive Landscape

Highly competitive, the soft robotics market appears fragmented, with several well-established players forming a competitive landscape. Key players incorporate strategic approaches, such as mergers & acquisitions, collaborations, expansion, and product/ technology launch, to gain a substantially larger market share. They also make substantial investments in new product developments and geographical expansion. 

Related Reports:

Body Area Network Market Research Report: By Device, By Technology by Application and by Region – Forecast till 2027

Gyroscope Market Research Report: by Type, By Application and by Region – Forecast till 2030

Photoelectric Sensor Market Research Report: by Type, by Beam Source, by Industry and by Region – Forecast till 2030

Laser Sensors Market Research Report: by Type, by Offering, by End User and by Region – Forecast till 2027

About Market Research Future:

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis regarding diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

Follow Us: LinkedIn Twitter

Tags: , , , , , ,

See Campaign:

Contact Information:

Market Research Future 99 Hudson Street,5Th Floor New York, New York 10013 United States of America Sales: +1 628 258 0071(US) +44 2035 002 764(UK) Email:


Wire, Research Newswire, English