Robotics - Finland

  • Finland
  • In 2024, the projected revenue in the Robotics market is expected to reach a substantial amount of US$81.34m.
  • It is worth mentioning that in Finland, being a country with a strong presence in the Robotics market sector, is poised to benefit from this market growth.
  • Within the Robotics market, the segment of Service robotics is expected to dominate, with a projected market volume of US$95.66m in 2024.
  • This indicates the significance of Service robotics in various industries and the potential it holds for further development.
  • Looking ahead, the revenue in the Robotics market is anticipated to exhibit an annual growth rate, known as the Compound Annual Growth Rate (CAGR), of 4.40% from 2024 to 2028.
  • This growth trajectory is projected to result in a market volume of US$96.62m by 2028.
  • in Finland, with its expertise and innovation in the Robotics market field, is well-positioned to capitalize on this growth opportunity.
  • In terms of global comparison, it is noteworthy that in the United States is expected to generate the highest revenue in the Robotics market, with a projected amount of US$7,846.00m in 2024.
  • This highlights the strong market presence of the United States and its significant contribution to the global Robotics market industry.
  • Finland is emerging as a leading hub for robotics innovation, with a strong focus on collaborative robots and AI-driven automation.

Key regions: United States, China, South Korea, Japan, Germany

Region comparison

Analyst Opinion

The Robotics market is shaped by various trends, e.g., the Industrial Internet of Things, mobile autonomous robots, collaborative robots, and/or open-source software. In addition, trending topics such as 5G, edge computing, and smart mobility influence the market.

Especially artificial intelligence (AI) is boosting further innovation in the field of automation. AI in robotics is becoming more sophisticated, and the use of self-learning robots are becoming more popular. In addition to that, the possibility to collect and analyze data from intelligently automated processes allows manufacturers and service providers to make data-driven decisions.

Furthermore, the COVID-19 pandemic has left some sectors struggling to fill job vacancies. Robot solutions can also partially compensate for these deficits or assist the remaining employees, for example, in retail or hospitality, that have been faced with challenges due to staff shortages.

The trend of simplification is another driver of the Robotics market. With decreasing implementation efforts, robotics is also gaining importance in industries that have not used robots in the past. Robot manufacturers try to make their products easier to use by providing holistic offerings, i.e., bundling hardware packages with software solutions, which facilitates easier implementation of autonomous setups.

With all these trends driving the Robotics market, it is expected to continue growing in the future, resulting in positive revenue growth rates in the forecast period.


Data coverage:

The data encompasses B2B and B2C revenues. Figures are based on the country’s demand for robotics in manufacturer prices.

Modeling approach / Market size:

Market sizes are determined through a regional bottom-up approach, and further detailed by a top-down rationale for each market segment. As a basis for evaluating markets, we use trade data of the respective economic sector. Furthermore, we use relevant key market indicators such as level of automation and digitization or the economy composition to estimate each country's specialization in demand and supply. This data helps us to estimate the market size for each country individually.


In our forecasts, we apply diverse forecasting techniques but primarly exponential smoothing. The selection of forecasting techniques is based on the behavior of the relevant market.

Additional notes:

The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.


  • Revenue
  • Key Players
  • Volume
  • Collaborative Robots
  • Price
  • Autonomous mobile robots
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
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