The Artificial Intelligence (AI) Robots 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 (AI) Robots Market Size and Projected Growth Rate?
The market size for artificial intelligence (AI) robots has seen a significant surge in recent times. The market, valued at $14.45 billion in 2024, is predicted to inflate to $17.39 billion by 2025, signifying a compound annual growth rate (CAGR) of 20.3%. This growth experienced during the historical period is a result of progress in machine learning, escalation in industrial automation, the emergence of collaborative robots (cobots), government aid and initiatives, and enhanced computing capacity.
In the coming years, the market size for artificial intelligence (AI) robots is projected to experience significant growth, expanding to $33.6 billion in 2029 with a compound annual growth rate (CAGR) of 17.9%. This surge during the forecast period is linked to the progression of AI algorithms, the incorporation of AI in the healthcare industry, increasing applications in the service sector, an emphasis on human-robot interaction (HRI), environmental surveillance, and disaster management. The forecast period is expected to witness key trends such as cooperation between humans and robots, edge AI and processing, integration of emotional intelligence, customization and modularity, and the use of AI in healthcare robotics.
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What Are the Major Segments in the Artificial Intelligence (AI) Robots Market?
The artificial intelligence (AI) robots market covered in this report is segmented –
1) By Robot Type: Service Robots, Industrial Robots, Other Robot Types
2) By Component: Software, Hardware, Services
3) By Deployment Mode: Cloud, On-premise
4) By Technology: Machine Learning, Computer Vision, Context Awareness, Natural Language Processing
5) By End-User Industry: Military And Defense, Retail And E-commerce, Healthcare, Food And Beverage, Other End-User Industries
Subsegments:
1) By Service Robots: Personal Assistance Robots, Healthcare Robots, Cleaning And Maintenance Robots
2) By Industrial Robots: Robotic Arms, Autonomous Mobile Robots (AMRs), Collaborative Robots (Cobots)
3) By Other Robot Types: Agricultural Robots, Educational Robots, Security And Surveillance Robots
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What Are The Driving Artificial Intelligence (AI) Robots Market Evolution?
The increasing need for industrial robots is predicted to reinforce the expansion of the artificial intelligence (AI) robot market. These robots, which are programmable and capable of being controlled, are utilized in industrial and manufacturing activities as a means to or even replace manual human labor. Through AI, these industrial robots can be capable of carrying out intricate tasks like visual inspection, quality control, and adaptive manufacturing processes with improved autonomy and adaptability. As an example, the International Federation of Robotics, based in Germany, reported in April 2024 that there had been a growth of 12% in the total count of industrial robot installations, reaching 44,303 units in 2023. Hence, the upsurge in need for industrial robots is fueling the expansion of the artificial intelligence (AI) robot market.
Which Firms Dominate The Artificial Intelligence (AI) Robots Market Segments?
Major companies operating in the artificial intelligence (AI) robots market report are Microsoft Corporation, Mitsubishi Motors Corporation, Intel Corporation, The International Business Machines Corporation, SoftBank Group Corp., Nvidia Corporation, Omron Corporation, FANUC CORPORATION, The Yaskawa Electric Corporation, iRobot, Xilinx, Inc., Geek+, Universal Robots, Ubtech Robotics, Brain Corp., Boston Dynamics, Starship Technologies, Vicarious FPC Inc., Diligent Robotics, Cobalt Robotics, Inc., Hanson Robotics Ltd., Blue Frog Robotics, Neurala Inc., Promobot, Miso Robotics
What Trends Are Expected to Dominate the Artificial Intelligence (AI) Robots Market in the Next 5 Years?
Companies of note within the artificial intelligence robot market are focusing their attention on cutting-edge technologies, such as the third-generation artificial intelligence autonomy platform, in order to maintain their standing within the market. This type of platform allows machines to function independently without requiring human input, but all within specific boundaries to accomplish a particular goal. To demonstrate, Brain Corp., a company in the US specializing in autonomous technology, introduced their BrainOS in November 2022. This is a third-generation autonomy platform and marketed for application in commercial robotic operating systems. BrainOS is designed to steer the subsequent wave of independent commercial robots. It delivers enhanced localization and navigation features, superior safety and reliability, and promotes improved interactions between humans and robots. It offers upgraded self-driving abilities allowing robots to safely and efficiently maneuver both public and commercial spaces and also manage warehouse environments.
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Which Is The Largest Region In The Artificial Intelligence (AI) Robots Market?
North America was the largest region in the artificial intelligence (AI) robots market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the artificial intelligence (AI) robots 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 (AI) Robots Market?
2. What is the CAGR expected in the Artificial Intelligence (AI) Robots Market?
3. What Are the Key Innovations Transforming the Artificial Intelligence (AI) Robots Industry?
4. Which Region Is Leading the Artificial Intelligence (AI) Robots Market?
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