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Artificial Intelligence (AI) Robots Global Market Report 2024 - By Report, Share, Demand, Drivers, Outlook By 2033
Artificial Intelligence (AI) Robots Market
The Business Research Company presents an extensive market research report on the Artificial Intelligence (AI) Robots Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
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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Key Market Players:
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
Market Drivers:
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.
Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/artificial-intelligence-ai-robots-global-market-report
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
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