Soft Robotics Market Poised to Hit $5.65 Billion by 2029 with Accelerating Growth Trends

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

Soft Robotics Market Size Growth Forecast: What to Expect by 2025?
The market size of soft robotics has seen an impressive expansion over recent years. The industry, which is projected to be worth $1.84 billion in 2024, is set to grow to $2.26 billion in 2025, boasting a compound annual growth rate (CAGR) of 22.8%. This growth during the historic period is associated with the wider application in medical robotics, the versatility of gripping and manipulation, the interest shown by defense and military sectors, consumer electronics, wearable robotics, and agricultural automation.

How Will the Soft Robotics Market Size Evolve and Grow by 2029?
Anticipations suggest a surge in the soft robotics market size in the forthcoming years, achieving a net worth of $5.65 billion by 2029 with a compound annual growth rate (CAGR) of 25.8%. The projected growth can be ascribed to factors such as development in the food and beverages realm, environmental scrutiny and research, worldwide health and safety apprehensions, standardization and commercial outreach, and tailoring for distinct utilizations. Emerging trends during this forecast span encompass bio-inspired constructs and biomimicry, soft monitoring and response systems, inculcation of artificial intelligence (AI), soft powered suits for human enhancement, and collaborative robots (cobots).

View the full report here:
https://www.thebusinessresearchcompany.com/report/soft-robotics-global-market-report

What Drivers Are Propelling the Growth of Soft Robotics Market Forward?
The escalating use of the Internet of Things (IoT) is anticipated to considerably boost the soft robotics market in the future. IoT refers to a networked system comprising interconnected computing devices and mechanical and electronic equipment, each with unique identities (UIDs), and have the ability to share data without requiring human-human or human-computer interaction. Soft robotics utilize IoT sensors to develop cutting-edge, safer, more adjustable, and more human-centric solutions, paving the way for new opportunities in healthcare, automation, environmental monitoring, and countless other sectors. For example, in September 2022, as per an Ericsson report, the total global IoT connections in 2022 were 13.2 billion, and this figure is projected to rise by 18% to 34.7 billion connections by the year 2028. Consequently, the accelerating usage of IoT is propelling the growth of the soft robotics market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=13160&type=smp

Which Emerging Trends Are Transforming the Soft Robotics Market in 2025?
Emphasis is placed by major players in the soft robotics market on the creation of ground-breaking technology, including soft robot hand rehabilitation gloves utilizing gentle exoskeleton technology, in order to deliver dependable client services. These soft robotic gloves are tailored wearable devices aimed at assisting people suffering from hand disabilities in their recovery and rehabilitation. For instance, in November 2022, leading medical equipment manufacturer, Siyi Intelligence, based out of China, unveiled a new product, the HRC12. The HRC12 is an upgraded version of the SYREBO soft robotic hand rehabilitation glove, outfitted with the latest innovations in soft exoskeleton technology for better usability and accessibility. The HRC12 offers improved training programs including fine motor skills training, a stretching mode, pinch training, and more sophisticated training modules, and is helping to shape the trend of bringing specialist rehabilitation services directly into the home.

What Are the Key Segments in the Soft Robotics Market?
The soft roboticsmarket 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

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=13160&type=smp

Who Are the Key Players Shaping the Soft Robotics Market's Competitive Landscape?
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

What Geographic Markets Are Powering Growth 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

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=13160

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Speak With Our Expert:
Saumya Sahay,
Americas: +1 310-496-7795,
Asia: +44 7882 955267 & +91 8897263534,
Europe: +44 7882 955267,
Email: saumyas@tbrc.info

The Business Research Company - www.thebusinessresearchcompany.com

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.