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Artificial Intelligence (AI) Robots Global Market Report 2024 - By Growth, Size, Share And Trends, Outlook By 2033
Artificial Intelligence (AI) Robots Market
As per the report, 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 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%.
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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.
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 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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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
Contents of the report:
1. Executive Summary
2. Artificial Intelligence (AI) Robots Market Report Structure
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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