Press release
The Internet Of Things (IOT) Drives Explosive Growth In The Soft Robotics Market Driver: A Major Catalyst in the Evolution of the Soft Robotics Market in 2025
Soft Robotics Market Analysis
The soft robotics market has seen substantial growth in recent years. It will grow from $1.84 billion in 2024 to $2.29 billion in 2025, at a CAGR of 24.4%. The growth is driven by increased use in medical robotics, versatility in gripping and manipulation, interest from the defense and military sectors, consumer electronics, wearable robotics, and automation in agriculture.
The soft robotics market is projected to experience exponential growth, reaching $5.76 billion by 2029 with a CAGR of 26.0%. This growth is attributed to expansion in the food and beverage industry, health and safety concerns, and customization for specific applications. Key trends include bio-inspired designs, AI integration, and collaborative robots.
What Are the Key Drivers Behind the Growth of the Soft Robotics Market?
The increasing adoption of the Internet of Things (IoT) is set to drive the soft robotics market. IoT refers to a networked system of connected computing devices, mechanical components, and electronic systems with unique identifiers (UIDs) that facilitate data exchange without requiring human intervention. Soft robotics integrates IoT sensors to develop innovative, adaptable, and human-friendly solutions applicable in fields such as healthcare, automation, and environmental monitoring. For instance, in September 2022, Ericsson, a Sweden-based telecommunications company, published a report indicating that global IoT connections had reached 13.2 billion in 2022. This figure is anticipated to grow by 18%, reaching 34.7 billion connections by 2028. As a result, the increasing IoT adoption is fueling the expansion of the soft robotics market.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=13160&type=smp
Who Are the Major Industry Players Fueling Soft Robotics Market Expansion?
Major companies operating in the soft robotics market report are Asea Brown Boveri Ltd., Fanuc Corporation, Yaskawa Electric Corporation, Festo Group, Ocado Group PLC, QinetiQ Group plc., Ottobock SE & Co KGaA, SRI International Inc., Universal Robots, Piab Group Holding, SoftWear Automation Inc., Doosan Robotics Inc., Disney Research, Ekso Bionics Holdings Inc., Innophys Co. Ltd., Shadow Robot Company Limited, ReWalk Robotics Inc., Artimus Robotics Inc., Octopus Robotics Incorporated, Rethink Robotics Inc., Robotnik Automation SLL, Schunk GmbH, Roam Robotics Inc., ULC Robotics Inc., RightHand Robotics Inc., Soft Robotics Inc., Tactile Robotics Ltd., Bristol Robotics Laboratory Limited, New Scale Robotics Inc., Southie Autonomy
Which Key Developments Are Influencing the Soft Robotics Market?
Prominent firms in the soft robotics market are driving innovation with cutting-edge technologies like soft robotic hand rehabilitation gloves, incorporating soft exoskeleton technology to provide enhanced customer service. These rehabilitation gloves are designed as customized wearables to aid individuals with hand impairments in their recovery. In November 2022, Siyi Intelligence, a China-based medical equipment manufacturer, introduced HRC12, the latest version of SYREBO soft robotic hand rehabilitation gloves. The HRC12 integrates recent advancements in soft exoskeleton technology, improving usability and accessibility. It offers enhanced training modes, including fine motor exercises, stretching programs, pinch training, and more realistic rehabilitation protocols, making specialized recovery services more accessible at home.
How Is the Segmentation of the Soft Robotics Market Defined?
The soft robotics market covered in this report is segmented -
1) By Type: Soft Grippers, Cobots, Inflated Robots, Exoskeleton
2) By Component: Hardware, Software
3) By End User: Healthcare, Advanced Manufacturing, Food And Beverages, Logistics, Other End Users
Subsegments:
1) By Soft Grippers: Adaptive Grippers, Suction-Based Grippers
2) By Cobots: Lightweight Cobots, Flexible Cobots
3) By Inflated Robots: Soft Inflatable Structures, Pneumatic Robots
4) By Exoskeletons: Wearable Exoskeletons, Robotic Exoskeletons For Rehabilitation
Pre-Book Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/soft-robotics-global-market-report
What Is the Leading Region in the Soft Robotics Market?
Asia-Pacific was the largest region in the soft robotics market in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the soft robotics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
What Is Covered In The Soft Robotics Global Market Report?
- Market Size Analysis: Analyze the Soft Robotics Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Soft Robotics Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Soft Robotics Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Soft Robotics Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=13160
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
•LinkedIn: https://in.linkedin.com/company/the-business-research-company
•Twitter: https://twitter.com/tbrc_info
•YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release The Internet Of Things (IOT) Drives Explosive Growth In The Soft Robotics Market Driver: A Major Catalyst in the Evolution of the Soft Robotics Market in 2025 here
News-ID: 3855278 • Views: …
More Releases from The Business Research Company
Foam Tape Industry to Achieve $14.62 Billion Growth by 2029
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.
How Will the Foam Tape Market Grow by 2025 in Terms of Size and Growth?
In recent times, there has been significant growth in the market size for foam tape. It is projected to escalate from $10.02 billion in 2024 to $10.77 billion in 2025, demonstrating a compound annual growth rate (CAGR)…
Continuous Positive Airway Pressure (CPAP) Mask Market Expansion Outlook: $3.85 …
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.
What Is the Projected CAGR for the Continuous Positive Airway Pressure (CPAP) Mask Market from 2024 to 2025?
In recent times, the market size of the continuous positive airway pressure (cpap) mask has seen robust growth. The market is projected to rise from $2.83 billion in 2024 to $3 billion in 2025,…
Alkyd Coating Market to Record 7.5% CAGR Growth Through 2029 | Global Analysis R …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Alkyd Coating Market Outlook: How is the Market Expected to Grow by 2025?
The market size of alkyd coatings has experienced significant growth in the past few years. The market is projected to expand from $25.13 billion in 2024 to $26.74 billion in 2025, exhibiting a compound annual growth rate…
Water Free Skincare Market Analysis: $22.5 Billion by 2029 With a CAGR of 7%
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
Water Free Skincare Market Value Projection: How Much Will the Market Size by 2025?
The market size of waterless skincare has experienced a robust increase in recent years. The expected growth is from $15.96 billion in 2024 to $17.15 billion in 2025, with a compound annual growth rate (CAGR) of 7.5%.…
More Releases for Robot
Major Market Shift in Robot Kitchen Industry: Robot-Operated Or AI-Powered Resta …
What Is the Forecasted Market Size and Growth Rate for the Robot Kitchen Market?
The robot kitchen market has grown strongly in recent years. It is projected to grow from $3.35 billion in 2024 to $3.66 billion in 2025, at a CAGR of 9.3%. The growth is driven by automation and efficiency, rising labor costs, consumer demand for convenience, innovation and competition, and the emphasis on food safety and hygiene.
The robot…
AI Robot Toy Market Likely to Enjoy Massive Growth (2024-2029)ROYBI AI Robot , D …
According to HTF Market Intelligence, the Global AI Robot Toy market to witness a CAGR of 17.8% during the forecast period (2024-2029). The Latest Released AI Robot Toy Market Research assesses the future growth potential of the AI Robot Toy market and provides information and useful statistics on market structure and size.
This report aims to provide market intelligence and strategic insights to help decision-makers make sound investment decisions and identify…
Six-Axis Robot Controllers Market | ABB, Alfa Robot, Arburg, Engel
The global six-axis robot controllers market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the six-axis robot controllers market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants.
From the perspective of market dynamics, this report explores the factors driving the growth…
Four-Axis Robot Controllers Market | ABB, Alfa Robot, Arburg, Engel
The global four-axis robot controllers market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the four-axis robot controllers market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants.
From the perspective of market dynamics, this report explores the factors driving the growth…
TPA Robot launches a new industrial linear robot
The single axis robot KK Series, developed by TPA ROBOT, uses partially hardened U-shaped steel base track to significantly increase the robot's strength and load capacity. Due to the different environments, we have three type of linear robot series, KSR, KNR and KFR, depending on the type of cover used.
For the return system between the track and the slider, the contact surface between the ball and the ball groove adopts…
Robot Battery Market 2023- 2028 Global Insights by Industry Volume, Opportunitie …
The Robot Battery Market research report gives consistent conveyance of the substance. Information gathered in the notification is from verified and reliable sources. Besides, the report additionally breaks down the forthcoming patterns and openings likely to propel the Robot Battery Market. Moreover, the Robot Battery Market provides creative strategies and plans that help market players to stay ahead of the competition. Besides, the Robot Battery Market research report likewise evaluates…
