Press release
Commercial Robots Market to See 20.25% CAGR with AI and Automation Driving Growth
Commercial Robots Market
The Global Commercial Robots Market is estimated to reach over USD 80.05 billion by 2031, exhibiting a CAGR of 20.25% during the forecast period.
Get Free Access to Demo Report, Excel Pivot and ToC: https://www.insightaceanalytic.com/request-sample/1879
Commercial robots and autonomous piloted drones are increasingly utilized in medical applications, offering enhanced performance compared to traditional methods, thereby driving higher investment and adoption rates. Drones are gaining traction across various sectors, including the commercial industry. Additionally, numerous startups and leading technology companies are actively investing in this technology to rapidly expand their market presence. Various government and private organizations are also forming strategic partnerships and collaborations to strengthen their market positions. The growing recognition of the benefits of medical robotics within the healthcare sector has further accelerated market growth.
The advancement of commercial robots is expected to continue, supported by innovations in artificial intelligence (AI) and sensor technologies, which are enabling the development of new and highly effective applications. The availability of advanced technologies such as AI and machine learning has led to the creation of sophisticated robots capable of performing complex tasks with enhanced accuracy and precision. Moreover, the increasing demand for personalized and customized products has driven the adoption of robotics in manufacturing to support mass customization. Additionally, the declining cost of hardware components and the growing availability of open-source software have made commercial robots more affordable and accessible to a broader range of businesses and industries.
List of Prominent Players in the Commercial Robots Market:
• iRobot Corporation
• Kuka AG
• 3D Robotics Inc.
• Omron Adept Technologies Inc.
• Northrop Grumman Corp.
• AeroVironment Inc.
• Honda Motor Company Limited
• Yaskawa electric corporation
• Alphabet Inc.
• Accuray Inc.
Expert Knowledge, Just a Click Away: https://calendly.com/insightaceanalytic/30min?month=2025-03
Market Dynamics
Drivers:
The global commercial robotics market is primarily driven by the growth of small businesses, increased investments in automation, stringent government regulations governing the handling of hazardous materials and products, the emergence of smart factories, and the ongoing shift from manual to automated operations. The demand for security robots is anticipated to rise due to increasing security concerns, with the adoption of advanced automation techniques expected to grow significantly over the forecast period. Furthermore, numerous companies across the value chain are heavily investing in the development of innovative security solutions capable of replacing human intervention while reducing the average operational costs of security robots. These factors are expected to contribute significantly to the expansion of the global market in the coming years.
Challenges:
A key challenge anticipated to influence the commercial robotics sector positively over the forecast period is the integration of the Internet of Things (IoT) with robotics. In response to increasing market competition, vendors are now offering advanced commercial robots with IoT capabilities, including articulated robots that provide real-time data on the performance of industrial machinery. However, the high costs associated with robotics components and the limited availability of certain parts are expected to restrain market growth.
Regional Trends:
North America is projected to hold a dominant share of the commercial robotics market. The region's strong acceptance of the infrastructure required for adopting commercial robotic systems, coupled with continuous technological advancements in the healthcare sector, are key factors driving market growth in North America. The presence of leading market players in the United States has facilitated the widespread adoption of surgical robots, significantly contributing to market expansion over the past decade. Additionally, the Asia-Pacific region holds a substantial market share, driven by the increasing adoption of advanced technologies in emerging economies such as China, India, and Japan. The growing trend toward automation, artificial intelligence, and other advanced technologies is expected to create significant growth opportunities for the regional market.
Unlock Your GTM Strategy: https://www.insightaceanalytic.com/customisation/1879
Recent Developments:
• In Aug 2022, Amazon and iRobot announced a definitive merger agreement in which Amazon will acquire iRobot. iRobot has a history of providing innovative products for domestic cleaning that make customers' lives simpler. iRobot has continued to innovate with each new product iteration, solving difficult problems to give consumers back valuable time.
• In April 2022, Yaskawa Company invented an industrial robot with artificial intelligence that recognizes the color and form of products and carries them to their designated location. According to the demands of the time, the Yaskawa corporation is evolving in different industries, including the automobile industry and components manufacturing. The robots also communicate with one another in order to function more autonomously and effectively.
Segmentation of Commercial Robots Market-
By Type-
• Drones
• Field Robots
• Medical Robots
• Autonomous Guided Robots
• Others
By Application-
• Medical & Healthcare
• Defense & Security
• Agriculture & Forestry
• Marine
• Others
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• Southeast Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa
About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 551 226 6109
Asia: +91 79 72967118
info@insightaceanalytic.com
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 Commercial Robots Market to See 20.25% CAGR with AI and Automation Driving Growth here
News-ID: 3926180 • Views: …
More Releases from Insightace Analytic Pvt Ltd.
Vascular Access Device Market is on an Upward Growth Curve
Insightace Analytics Pvt. Ltd. announces the release of a market assessment report on the "Global Vascular Access Device Market- by Product (Portal Access Needles, Implantable Ports, Sheath Introducer, IV Safety Catheters, Central Venous Catheter, Peripherally Inserted Central Catheter and Catheter Stabilization), End-User (General Anesthesia, Regional Anesthesia, Oncology, Pain Management, Adult Critical Care, Neo Critical Care and Home and Alternate Care), Trends, Industry Competition Analysis, Revenue and Forecast To 2031."
Request for…
PD-1 and PD-L1 Inhibitors Market Report- Expansive Coverage on the Profit Source …
"PD-1 and PD-L1 Inhibitors Market" in terms of revenue was estimated to be worth $ 43.54billion in 2023 and is poised to reach $ 115.90 billion by 2031, growing at a CAGR of 12.81% from 2024 to 2031 according to a new report by InsightAce Analytic.
Request for free Sample Pages:
https://www.insightaceanalytic.com/request-sample/1115
Latest Drivers Restraint and Opportunities Market Snapshot:
Key factors influencing the PD-1 and PD-L1 inhibitors market are:
• Rising awareness
• Growing…
Molecular Diagnostics Point of Care Market Report on the Untapped Growth Opportu …
"Molecular Diagnostics Point of Care Market" in terms of revenue was estimated to be worth $2.95 billion in 2023 and is poised to reach $6.42 billion by 2031, growing at a CAGR of 10.38% from 2024 to 2031 according to a new report by InsightAce Analytic.
Get Free Sample Report @
https://www.insightaceanalytic.com/request-sample/1423
Latest Drivers Restraint and Opportunities Market Snapshot:
Key factors influencing the global Molecular Diagnostics Point of Care market are:
• Rising…
Vertical Farming Market in 2025 Detailed Study Analysis
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Vertical Farming Market- by Products (Lighting, Hydroponic components, Climate Control, and Sensors), Mechanism (Hydroponics, Aeroponics, and Aquaponics), Trends, Industry Competition Analysis, Revenue and Forecast To 2034."
According to the latest research by InsightAce Analytic, the global Vertical Farming Market Size is valued at 6.90 Billion in 2024 and is predicted to reach 50.79 Billion by the…
More Releases for Robots
Pharmaceutical Robots Market 2021 Scope by Type (Traditional Robots (Articulated …
Pharmaceutical Robots Market report has been structured after a thorough study of various key market segments like market size, latest trends, market threats and key drivers which drives the market. This market study report has been prepared with the use of in-depth qualitative analysis of the global market. The report displays a fresh market research study that explores several significant facets related to Pharmaceutical Robots Market covering industry environment, segmentation…
Packaging Robots : Robots that Make Packaging Easier
Packaging robots are robotics system used for packaging purposes and reduce labor cost and package time. These packaging robots are flexible and can easily integrate into workspace. Packaging robots are type of industrial robots are used for packaging applications in manufacturing facilities for operations such as filling, primary packaging, placing, picking, palletizing, and de-palletizing.
Packaging robots provide a variety of benefits including reduced part package time, labor cost reduction, and…
Global Medical Robots Market (Surgical Robots, Rehabilitation Robots, Telepresen …
The new and innovative report of the Medical Robots Market research has been published by Report Consultant to give desired insights to drive the growth of businesses. The report comprises the summarized data of the current scenario as well as predictions about the upcoming trends.
A medical robot is a robot used in the medical sciences. They include surgical robots. These are in most tele-manipulators, which use the surgeon's actions on…
Global Medical Robots Market by Application (Orthopedic, Laparoscopy, Neurology) …
Medical Robot is a robot which enables the surgeons to perform surgeries with more precision. Medical robotics is emerging field. There are a wide variety of medical applications had emerged such as Surgical robots, laboratory robots, telesurgery, remote surgery, and teleconsultation robots, rehabilitation robots to help for the deaf and the blind. Medical robots assist in surgeries and make possible to decrease risk of infection. Medical robots are enables to…
Smart Robots Market 2023 By Application - Collaborative Industrial Robots, Perso …
Smart Robots Market: Smart robots are the robotic systems which are capable to carry out operation without direct human intervention. They are currently being designed to perform autonomous tasks and work along with humans. The smart robots market for industrial applications consist of collaborative robots which are designed to work along with humans and they are adopted by various industrial sectors such as automotive, electronics among others. The collaborative robots…
Global Top Robotics Market In Japan, 2017 - 2022: For Applications - Logistics R …
Researchmoz added Most up-to-date research on "Global Top Robotics Market In Japan, 2017 - 2022: For Applications - Logistics Robots, Domestic Robots, Medical Robots & Field Robots" to its huge collection of research reports.
The global Top Robotics market is valued at XX million USD in 2016 and is expected to reach XX million USD by the end of 2017, growing at a CAGR of XX% between 2016 and 2022.
Japan plays…
