Artificial Intelligence In Robotics Market Size Forecasted To Achieve $64.74 Billion By 2029 With Steady Growth

The Artificial Intelligence In Robotics Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Artificial Intelligence In Robotics Market Size and Projected Growth Rate?
In recent times, the market size of artificial intelligence in robotics has seen exponential growth. It is anticipated to expand from $17.89 billion in 2024 to $23.12 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 29.2%. The historical growth in this market can be attributed to numerous factors such as advancements in machine learning algorithms, cost-effective hardware solutions, higher processing power, increased automation in various industries, and the progress of cloud robotics.

Projected expansion for the artificial intelligence in robotics industry is substantial in the upcoming years. It's anticipated to reach a value of $64.74 billion in 2029, with a compound annual growth rate (CAGR) of 29.4%. The predicted surge during this period is linked to factors such as the integration of AI across multiple sectors, an emphasis on explainability and ethics, the proliferation of autonomous systems, the presence of AI in healthcare robotics, global interconnectivity, and the adoption of 5G. Some emerging trends during this forecast timeframe will include technological progress, amplified investments, collaboration across various industries, the rise of edge computing for robotics, and the existence of understandable AI in the realm of robotics.

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What Are the Major Segments in the Artificial Intelligence In Robotics Market?
The artificial intelligence in robotics market covered in this report is segmented -

1) By Offering: Software, Hardware, Services
2) By Robot Type: Service Robots, Industrial Robots, Other Robot
3) By Deployment Mode: Cloud, On-Premises
4) By Technology: Machine Learning, Computer Vision, Context Awareness, Natural Language Processing
5) By End-Use Industry: Automotive, Aerospace And Defense, Retail, Healthcare, Industrial, Other End Use Industries

Subsegments:
1) By Software: Robotics Operating Systems, Machine Learning Algorithms, Computer Vision Software, Motion Planning And Control Software, Simulation And Testing Software
2) By Hardware: Robotic Arms And Manipulators, Autonomous Mobile Robots (AMRs), Drones And UAVs, Sensors And Cameras, Power Supply Systems
3) By Services: Consulting Services, Integration And Deployment Services, Maintenance And Support Services, Training And Education Services, Customization Services

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What Are The Driving Artificial Intelligence In Robotics Market Evolution?
The advancement in automation technology is anticipated to fuel the expansion of artificial intelligence within the robotics market. This terminology applies to technology encompassing necessary tools and procedures for enabling systems and facilities to function automatically. These automation technologies are employed in AI-based robotics to deliver exceptional speed and precision, leading to enhanced efficiency and productivity across a plethora of industries, including manufacturing, agriculture, logistics, and healthcare. For example, as reported in April 2024 by the International Federation of Robotics, an association for the robotics industry based in Germany, there was a 12% surge in total industrial robot installations, hitting 44,303 units in 2023. Consequently, the evolution of automation technology is positively impacting the growth trajectory of artificial intelligence in the robotics market.

Which Firms Dominate The Artificial Intelligence In Robotics Market Segments?
Major companies operating in the artificial intelligence in robotics market report are Alphabet Inc., Microsoft Corporation, Intel Corporation, Medtronic, NVIDIA Corporation, ASUSTek Computer Inc., Kawasaki Heavy Industries, Ltd., FANUC Corporation, Kindred, Inc., iRobot Corporation, Nuro Inc., CloudMinds Technology Inc., AMP Robotics, Brain Corporation, Boston Dynamics, Inc., Magazino GmbH, Robust AI, Diligent Robotics, Hanson Robotics Ltd., Blue Frog Robotics SAS, Neurala, Inc., Veo Robotics, Inc., Agility Robotics, Miso Robotics Corporation, Gecko Robotics

What Trends Are Expected to Dominate the Artificial Intelligence In Robotics Market in the Next 5 Years?
Leaders in the AI in robotics market, such as Chef Robotics, are driving innovation with the goal of boosting efficiency. The California-based company recently introduced an AI-supported flexible robotic solution targeting food producers. This technology tackles the ongoing workforce shortage and ramp up production volumes via adaptable automation. It successfully mimics human "pick-and-place" actions utilizing artificial intelligence and changeable tools and shows the versatility of a human in selecting various ingredients, dealing with any portion size, and locating components anywhere on a tray. This system is designed to counter persistent challenges in cold room environments, which demand repetitive tasks during production and assembly.

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Which Is The Largest Region In The Artificial Intelligence In Robotics Market?
North America was the largest region in the artificial intelligence in robotics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the artificial intelligence in robotics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Artificial Intelligence In Robotics Market?
2. What is the CAGR expected in the Artificial Intelligence In Robotics Market?
3. What Are the Key Innovations Transforming the Artificial Intelligence In Robotics Industry?
4. Which Region Is Leading the Artificial Intelligence In Robotics Market?

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