Soft Robotics Market Regional Analysis

Global Soft Robotics Market size was valued at USD 1.45 billion in 2023 and is poised to grow from USD 1.88 billion in 2024 to USD 15.16 billion by 2032, growing at a CAGR of 29.8% during the forecast period (2025-2032).

Soft robotics providers should emphasize innovation and keep a close eye out for material technology advancements if they want to stand out from the competition. Companies can also try mimicking humans in some form to create innovative and novel soft robots. Soft robotics market players can also utilize collaborations and mergers to expand their market share and presence on a global level going forward. 'Soft Robotics Inc. (US) ', 'Festo AG (Germany) ', 'Ekso Bionics Holdings, Inc. (US) ', 'ReWalk Robotics (US) ', 'Yaskawa Electric Corporation (Japan) ', 'ABB Group (Switzerland) ', 'Kawada Robotics (Japan) ', 'Techman Robot Inc. (Taiwan) ', 'Bionik Laboratories Corp. (Canada) ', 'Righthand Robotics (US) ', 'Fanuc Corporation (Japan) ', 'Universal Robots (Denmark) ', 'Cyberdyne Inc. (Japan) ', 'SRT (US) ', 'Pneubotics (US) ', 'Applied Robotics (US) ', 'Robot System Products AB (Sweden) ', 'Shadow Robot Company (UK) ', 'Omron Corporation (Japan) ', 'Siemens AG (Germany)'

Robotics has come a long way in recent years and more investments in R&D in this field has resulted in the growing popularity of innovative solutions such as soft robotics.

Emphasis on Biomimicry: Soft robotics companies should focus on mimicking humans and human biology in their products to improve their application scope and make them more human-like. Companies can focus on utilizing biomaterials to enhance the biomimicking capabilities of their products.

Asia Pacific is expected to account for a substantial share of the global soft robotics market owing to rapid industrialization and growing adoption of automation in this region. China, Japan, Taiwan, and India are estimated to be the most lucrative markets in this region. A robust manufacturing sector in this region offers much scope for applying soft robotics in factory automation. Easy availability of robotic components and low costs of manufacturing also make this region an attractive one for soft robotics companies.