Press release
Smart Robots Market Overview, Key Trends, and Insights on Leading Companies
Smart Robots Market
Projected Market Growth and Size of the Smart Robots Market
The global smart robots market is forecasted to grow rapidly, reaching a valuation of $54.15 billion by 2030. This represents a compound annual growth rate (CAGR) of 19.9%. Several factors contribute to this significant rise, including the increased deployment of collaborative robots or cobots, expansion in humanoid and personal robots, wider adoption of autonomous mobile robots, growth in defense and surveillance robotics, and advancements in machine learning-enabled robotic systems. Key trends driving market evolution during this period include AI-powered autonomous robotics, expansion of smart industrial automation platforms, integration of cloud-based robotic control systems, development of context-aware navigation technologies, and the growth of IoT-connected robotic ecosystems.
Download a free sample of the smart robots market report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=4021&type=smp
Prominent Companies Influencing the Smart Robots Industry
A number of major corporations are pivotal players in the smart robots market. Leading companies include Puresight Systems Pvt. Ltd, SoftBank Robotics Group, ABB Group, KUKA AG, FANUC India Pvt Ltd, HaHanson Robotics Limited, Yaskawa Electric Corporation, Rethink Robotics, Blue Frog Robotics SAS, Universal Robots, DeLaval, Intuitive Surgical Inc., Samsung Electronics, Gecko Systems International Corporation, Honda Motor Company Ltd., Omron Adept Technologies Inc., GreyOrange pte Ltd, Kongsberg Maritime, ECA GROUP, Neato Robotics, Bluefin Robotics, AIBRAIN LLC., Brain Corporation, Cyberdyne Inc., Epson America Inc., Lely Industries N.V., OTC Daihen Inc., F&P Personal Robotics, Anduril Industries Inc., Boston Dynamics Inc., Diligent Robotics, Starship Technologies, Nuro Inc., Vecna Robotics Inc., Aethon Inc., Universal Robots A/S, and DENSO Robotics.
Strategic Acquisitions Strengthening Market Positions
In January 2024, ABB India Limited, a technology leader specialized in electrification, robotics, automation, and digitalization, acquired Sevensense Robotics AG, based in Sweden, for an undisclosed amount. This acquisition is aimed at enhancing ABB India Limited's technological capabilities, broadening its product line, increasing its market presence, and reinforcing its competitive stance within India. Sevensense Robotics AG develops robotic technologies focused on automation, making this partnership a strategic move to accelerate innovation.
View the full smart robots market report:
https://www.thebusinessresearchcompany.com/report/smart-robots-global-market-report
Rising Trends Shaping the Future of Smart Robots
Leading market players are focusing on developing collaborative robots designed to work safely alongside humans, thereby expanding their customer base and boosting revenue. Cobots are intended for shared workspaces where humans and robots operate together efficiently. For example, in December 2023, Mecalux, a Spain-based automated warehouse solutions provider, teamed up with Siemens AG, a German industrial automation and software company, to introduce two new collaborative picking robots. These use Siemens' Simatic Robot Pick AI technology to enhance warehouse flexibility, improve efficiency, address labor shortages, and capture more business within the intralogistics field. One version of these robots is designed to collaborate safely with human operators, whereas the other functions autonomously in high-throughput picking stations, capable of performing up to 1,000 picks per hour around the clock.
Comprehensive Segmentation of the Smart Robots Market
The smart robots market is categorized into several key segments for detailed analysis:
1) Component: Hardware, Software, Services
2) Product: Professional Service Robots, Personal Service Robots, Collaborative Robots
3) End-User: Industrial, Residential, Commercial
4) Application: Manufacturing, Healthcare, Defense, Energy and Utility, Other Applications
Further subsegments include:
- Hardware: Sensors, Actuators, Chassis and Frames, Power Supply Units
- Software: Control Software, AI and Machine Learning Algorithms, Navigation and Mapping Software, User Interface and Monitoring Software
- Services: Installation and Integration Services, Maintenance and Repair Services, Training and Support Services, Customization and Development Services
This detailed segmentation aids in understanding the various facets of the market and the diverse technologies and services supporting the growth of smart robotics worldwide.
Reach out to us:
The Business Research Company: https://www.thebusinessresearchcompany.com/,
Americas +1 310-496-7795,
Europe +44 7882 955267,
Asia & Others +44 7882 955267 & +91 8897263534,
Email us at 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 17500+ 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 Smart Robots Market Overview, Key Trends, and Insights on Leading Companies here
News-ID: 4377872 • Views: …
More Releases from The Business Research Company
Emerging Sub-Segments Transforming the Thin Film Solar Cell Market Landscape
The thin film solar cell market is emerging as a significant segment within the renewable energy landscape, driven by technological innovations and increasing adoption across various sectors. As the demand for adaptable and efficient solar solutions grows, this market is set to experience notable expansion in the coming years. Let's explore the current market size, key players, innovative trends, and segmentation that define this evolving industry.
Projected Growth and Market Size…
Market Trend Insights: The Impact of Emerging Innovations on the Thermal Interfa …
The thermal interface materials (TIM) market is set to experience remarkable growth as industries increasingly seek efficient heat management solutions. This surge is driven by a blend of technological advancements and expanding application areas, positioning the market for significant expansion over the coming years. Let's explore the market's size projections, key players, emerging trends, and segment classifications to understand its future trajectory.
Forecasted Expansion and Market Size of Thermal Interface Materials…
Emerging Sub-Segments Transforming the Tensor Processing Unit Market Landscape
The tensor processing unit market is on the verge of remarkable expansion as artificial intelligence and machine learning applications continue to gain traction worldwide. With innovations in hardware design and growing demand from various industries, the TPU market is set to transform computing capabilities by 2030. Let's explore the market size, key drivers, leading players, and emerging trends shaping this domain.
Significant Expansion Outlook for the Tensor Processing Unit Market by…
Market Trend Analysis: The Impact of Recent Innovations on the Tappet Market
The tappet market is positioned for steady expansion through the coming years, driven by several technological and industry trends. As automotive manufacturers focus on enhancing engine performance and efficiency, the demand for advanced tappet components is growing, signaling promising opportunities ahead. Below is a detailed overview of the market's size, key players, driving factors, and segmentation.
Steady Growth Predictions for the Tappet Market Size Until 2030
The tappet market is projected…
More Releases for Robot
RoboPaw Robot Puppy Review: Is This Robot Dog Worth Buying?
RoboPaw Robot Puppy Review: Is This Robot Dog Worth Buying?
The rise of smart robotic pets has transformed how families introduce companionship, creativity, and safe entertainment into their daily routines. Among the newest innovations gaining massive attention is the RoboPaw Robot Puppy, a highly interactive, expressive, and surprisingly intelligent robotic companion designed for kids, adults, and even seniors who want play, comfort, and engagement without the responsibility of a real pet.
The…
Wuffy Robot Dog Reviews: All Truth about Wuffy Robot Dog (wuffy the robot dog)
Parents around the world are asking the same question right now: can a robot puppy really replace some of the comfort and fun of a real dog? In a time when many families live in apartments, juggle allergies, or simply cannot handle the responsibility of a pet, wuffy robot dog reviews are starting to stand out online for one simple reason. This is not another plastic gadget that flashes once…
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…
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…
