How Has the Artificial Intelligence AI Robots Market Evolved Historically and What is its Current Size?
The artificial intelligence ai robots market has seen considerable growth due to a variety of factors.
• The size of the market for artificial intelligence (AI) robots has seen an exponential upsurge in the past years. The market value is projected to surge from $14.45 billion in 2024 to $17.39 billion in 2025, indicating a compound annual growth rate (CAGR) of 20.3%.
The significant growth during the former period is principally attributed to progress in machine learning technology, escalation in industrial automation, the advent of collaborative robots (cobots), government promotions and support, as well as augmented computational capacity.
What Is The Projected Growth Of The Artificial Intelligence AI Robots Template Market?
The artificial intelligence ai robots market is expected to maintain its strong growth trajectory in upcoming years.
• Expectations are high for the AI robot market's size to experience swift expansion in the approaching years. Forecasts peg the growth at $33.6 billion by 2029, with a CAGR of 17.9%.
Factors contributing to this prediction include advancements in AI algorithms, the incorporation of AI in the healthcare sector, a widening application in the service industry, emphasis on human-robot interaction (HRI), and its use in environmental monitoring and disaster response. The forecast period is set to witness several trends, including collaboration between humans and robots, edge AI and processing, integration of emotional intelligence, customization and modularity, and the use of AI in healthcare robotics.
What Are The Key Drivers Fueling Growth In The Artificial Intelligence AI Robots Market?
The surge in the need for industrial robots is set to drive the expansion of the artificial intelligence (AI) robot market. These robots, which can be controlled and programmed, are employed in industry and manufacturing to enhance or alternate human labor. AI empowers these robots to undertake intricate tasks such as visual inspections, quality checks, and adapt to manufacturing processes with higher autonomy and adaptability. For instance, the International Federation of Robotics, based in Germany, revealed in April 2024 that the total number of installed industrial robots amplified by 12%, reaching 44,303 units in 2023. Consequently, the burgeoning demand for industrial robots is catalyzing the growth of the artificial intelligence (AI) robot market.
What Are The Principal Market Segments In The Global Artificial Intelligence AI Robots Industry?
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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Which Emerging Market Trends Are Altering The Artificial Intelligence AI Robots Industry?
Major firms in the artificial intelligence robot industry are concentrating on cutting-edge technologies like the third-generation AI autonomy platform to maintain their market dominance. An AI autonomy platform empowers machines to function independently, without the need for human intervention, yet within set boundaries to attain a specific objective. An example is Brain Corp., a US-based autonomous technology firm, which introduced BrainOS, the third-generation autonomy platform for commercial robotic operating systems, in November 2022. BrainOS has been created to fuel the growth of future autonomous commercial robots. It boasts of superior localization and navigation functionality, increased safety and reliability, and better human-robot symbiosis. BrainOS endows robots with high-level self-driving skills, thereby enabling them to safely and effectively navigate public, commercial areas, and manage warehouse environments.
Who Are the Key Players In The Artificial Intelligence AI Robots Market?
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
• XilinxInc.
• Geek+
• Universal Robots
• Ubtech Robotics
• Brain Corp.
• Boston Dynamics
• Starship Technologies
• Vicarious FPC Inc.
• Diligent Robotics
• Cobalt RoboticsInc.
• Hanson Robotics Ltd.
• Blue Frog Robotics
• Neurala Inc.
• Promobot
• Miso Robotics
What Are The Regional Insights Into 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.
