Soft Robotics Market Size to Hit USD 14.64 Billion by 2032,

From GlobeNewswire: 2025-05-20 02:00:00

Soft Robotics Market is projected to reach USD 14.64 billion by 2032, with a CAGR of 30.89% from 2024-2032. Growth is driven by increased demand in e-commerce, food processing, and automotive sectors, with benefits of low cost, flexibility, and accuracy. Advancements in technology like AI and self-healing capabilities are expanding applications in medical, industrial, and logistics fields.

Soft grippers dominate the market with a 37.4% share in 2023, used for fragile handling in industries like food & beverages. Cobot segment is expected to grow due to demand for human-robot collaboration. Hardware leads in revenue due to critical components for motion and gripping solutions. Software segment is expected to grow with AI integration for better adaptability.

Healthcare segment accounted for 35.4% market share in 2023 due to the use of soft robotics in rehabilitation and surgical assistance. Advanced manufacturing is expected to grow with the adoption of smart automation and cobots. Asia Pacific holds a 35.2% market share, driven by electronics manufacturing growth. North America is expected to experience the highest growth due to technology adoption and major players presence.

Recent developments include ABB’s AI-powered modules for improved logistics and Kawasaki’s hydrogen-powered robotic horse for off-road mobility. Soft Robotics Market report covers market size, segments analysis, competitive landscape, and regional analysis. SNS Insider provides market research and consulting services globally to help clients make informed decisions in changing circumstances.



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