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Global Artificial Intelligence (AI) Robots Market Comprehensive Study: Forecasted Market Size And Growth Rate | Microsoft Corporation, Mitsubishi Motors Corporation, Intel Corporation, The International Business Machines Corporation
Artificial Intelligence (AI) Robots Market Characteristics
The Business Research Company offers in-depth market insights through Artificial Intelligence (AI) Robots Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The artificial intelligence (AI) robots market size has grown exponentially in recent years. It will grow from $11.88 billion in 2023 to $15.55 billion in 2024 at a compound annual growth rate (CAGR) of 30.9%. The growth in the historic period can be attributed to advancements in machine learning, rise in industrial automation, collaborative robots (cobots), government initiatives and support, increased computing power.
The artificial intelligence (AI) robots market size is expected to see exponential growth in the next few years. It will grow to $44.29 billion in 2028 at a compound annual growth rate (CAGR) of 29.9%. The growth in the forecast period can be attributed to advancements in ai algorithms, integration of ai in healthcare, expanding applications in service sector, focus on human-robot interaction (hri), environmental monitoring and disaster response. Major trends in the forecast period include human-robot collaboration, edge ai and processing, emotional intelligence integration, customization and modularity, ai in healthcare robotics.
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Market Segmentation:
The artificial intelligence (ai) robots market covered in this report is segmented -
1) By Robot Type: Service Robots, Industrial Robots, Other Robot Types
2) By Component: Software, Hardware, Services
3) By Deployment Mode: Cloud, On-premise
4) By Technology: Machine Learning, Computer Vision, Context Awareness, Natural Language Processing
5) By End-User Industry: Military And Defense, Retail And E-commerce, Healthcare, Food And Beverage, Other End-User Industries
Major Driver - Surging Demand For Industrial Robots Ignites Rapid Growth In The Artificial Intelligence (AI) Robot Market
The rise in demand for industrial robots is expected to propel the growth of the artificial intelligence (AI) robot market going forward. Industrial robots are controllable, programmable devices used in manufacturing and industrial operations to support or replace human labor. AI can enable industrial robots to perform complex tasks such as visual inspection, quality control, and adaptive manufacturing processes with greater autonomy and adaptability. For instance, in May 2023, according to the International Federation of Robotics, a Germany-based professional non-profit organization, global sales of industrial robots increased by 27% from 2020 to 517,385 units in 2021. Therefore, the rise in demand for industrial robots is driving the growth of the artificial intelligence (AI) robot market.
Competitive Landscape:
Major companies operating in the artificial intelligence (AI) robots market report are Microsoft Corporation, Mitsubishi Motors Corporation, Intel Corporation, The International Business Machines Corporation, SoftBank Group Corp., Nvidia Corporation, Omron Corporation, FANUC CORPORATION, The Yaskawa Electric Corporation, iRobot, Xilinx, Inc., Geek+, Universal Robots, Ubtech Robotics, Brain Corp., Boston Dynamics, Starship Technologies, Vicarious FPC Inc., Diligent Robotics, Cobalt Robotics, Inc., Hanson Robotics Ltd., Blue Frog Robotics, Neurala Inc., Promobot, Miso Robotics
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Top Trend - Third Generation AI Autonomy Platforms Propel Major Companies In The Artificial Intelligence Robots Market
Major companies operating in the artificial intelligence robot market are focusing on innovative technologies, such as the third-generation AI autonomy platform, to sustain their position in the market. An AI autonomy platform is a system that enables machines to operate independently without direct human intervention but within constraints to achieve a goal. For instance, in November 2022, Brain Corp., a US-based autonomous technology company, launched BrainOS, the third-generation autonomy platform for commercial robotic operating systems. It is designed to power the next generation of autonomous commercial robots. BrainOS offers improved localization and navigation performance, enhanced safety and reliability, and improved human-robot interaction. BrainOS provides advanced self-driving capabilities that allow robots to navigate public and commercial spaces and control warehouse environments safely and efficiently.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Artificial Intelligence (AI) Robots Market Characteristics
3. Artificial Intelligence (AI) Robots Market Trends And Strategies
4. Artificial Intelligence (AI) Robots Market - Macro Economic Scenario
5. Artificial Intelligence (AI) Robots Market Size And Growth
…..
27. Artificial Intelligence (AI) Robots Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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