[183 Pages Report] The Artificial Intelligence Robots Market size was estimated at USD 10.93 billion in 2023 and expected to reach USD 14.94 billion in 2024, at a CAGR 37.81% to reach USD 103.22 billion by 2030.
AI robots use different AI technologies, including machine learning, computer vision, and reinforcement learning, and are controlled by AI programs. AI robots are intelligent machines designed to mimic human behavior and complete tasks autonomously and are capable of carrying out complex operations using various cutting-edge algorithms. AI robots can be used for multiple purposes, such as automation, process efficiency optimization, predictive analytics, data mining, and analysis. The manufacturing and industrial sectors are increasingly adopting AI robots to conduct various operations and predict breakdowns and accidents in industrial premises. However, the high cost of deployment and data privacy concerns may impede the adoption by the end-use sectors. However, the ongoing advancements and emerging use of AI robots for domestic use are expected to create immense potential for the growth of the AI robot market.
Regional Insights
The artificial intelligence robots market is highly evolving in the Americas owing to the significant advancements in digital technologies and a steady rise in the adoption of AI robots due to their potential to assist industries in enhancing operational efficiency. AI robots are being utilized for automation tasks such as production line management and customer service operations in the Americas. AI robots are widely used for safety-critical tasks such as healthcare monitoring, security surveillance, and manufacturing automation in the APAC region. The growing demand for creating higher-value products and increasing adoption of predictive models that can anticipate future trends and customer needs encourage the use of AI robots in the EMEA region. Additionally, the introduction of breakthrough AI robots and the rise in R&D activities for developing AI robots with improved operational efficiency and minimal errors are anticipated to propel the growth of the robot market worldwide.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Artificial Intelligence Robots Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Artificial Intelligence Robots Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Artificial Intelligence Robots Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., Advanced Micro Devices, Inc., AIBrain Inc., BLUE FROG ROBOTICS, Boston Dynamics, Inc., Comau S.p.A. by Stellantis N.V., Diligent Robotics Inc., FANUC CORPORATION, Fetch Robotics, Inc., FRANKA EMIKA GmbH, HANSON ROBOTICS LTD., Intel Corporation, International Business Machines Corporation, Intuitive Surgical, Inc., iRobot Corporation, Kuka AG, LG Electronics, Miko Robot, Nvidia Corporation, PAL Robotics, Rethink Robotics by HAHN Group GmbH, Samsung Electronics Co., Ltd., Sanctuary Cognitive Systems Corporation, Sarcos Robotics, SoftBank Robotics America, Inc. by United Robotics Group GmbH, Sony Corporation, St?ubli International AG, Ubtech Robotics Corp Ltd., and Universal Robots A/S.
Market Segmentation & Coverage
This research report categorizes the Artificial Intelligence Robots Market to forecast the revenues and analyze trends in each of the following sub-markets:
- Offering
- Hardware
- Software
- Robot Type
- Industrial Robots
- Service Robots
- Technology
- Computer Vision
- Context Awareness
- Edge Computing
- Machine Learning
- Natural Language Processing
- Application
- Agriculture
- Construction
- Education & Entertainment
- Healthcare
- Industrial & Warehouse Management
- Military & Defence
- Research & Space Exploration
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
The report offers valuable insights on the following aspects:
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
- What is the market size and forecast of the Artificial Intelligence Robots Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Artificial Intelligence Robots Market?
- What are the technology trends and regulatory frameworks in the Artificial Intelligence Robots Market?
- What is the market share of the leading vendors in the Artificial Intelligence Robots Market?
- Which modes and strategic moves are suitable for entering the Artificial Intelligence Robots Market?
US $
Euro €
GBP £