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Artificial Intelligence Robots Market Overview: Market Size, Share & Forecast to 2032

5 months ago
16

The Artificial Intelligence Robots Market has been expanding significantly in recent years, driven by various key factors. This report provides a comprehensive analysis of the market, including market size, trends, drivers and constraints, competitive aspects, and prospects for future growth.

Market Size & Growth:

  • The Artificial Intelligence Robots Market size reached a valuation of USD 5.23 billion in 2024.
  • The Artificial Intelligence Robots Market growth is projected to reach a valuation of USD 32.26 billion by 2032.
  • The Artificial Intelligence Robots Market share is expected to register a compound annual growth rate (CAGR) of 26.6% from 2024 to 2032.

Recent Key Trends:

  • ABB Robotics launched the Flexley Tug T702, an autonomous mobile robot equipped with AI-based Visual SLAM navigation and the AMR Studio software, allowing easy configuration and operation without programming skills. Designed for dynamic environments, such as warehouses, the T702 enhances intralogistics flexibility and reduces commissioning time by up to 20%.
  • Franka Robotics launched the Franka AI Companion, a versatile tool for robotics researchers that integrates with various hardware, including cameras and software components, such as the NVIDIA Isaac Manipulator. This new addition enhances Franka Robotics' ecosystem, enabling users to fully leverage the advanced data acquisition and real-time control features of Franka robots.
  • Brain Corp partnered with Dane Technologies to create retail inventory scanning solutions based on Brain Corp's latest robotics platform, which features a modular architecture. This collaboration combines Brain Corp's AI expertise with Dane Technologies' manufacturing experience, aiming to enhance inventory management for retailers. The new platform builds on BrainOS, which currently powers over 30,000 autonomous robots in commercial spaces.

This Report includes a company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breath, application dominance, technology lifeline curve. The data points provided are only related to the company's focus related to Artificial Intelligence Robots markets. Leading global Artificial Intelligence Robots market players and manufacturers are studied to give a brief idea about the competitions.

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Key Players:

  • NVIDIA Corporation (U.S.)
  • ABB (Switzerland)
  • Alphabet Inc. (U.S.)
  • Boston Dynamics (U.S.)
  • Brain Corporation (U.S.)
  • Fanuc (Japan)
  • Figure AI (U.S.)
  • Hanson Robotics (China)
  • iRobot (U.S.)
  • SoftBank Group Corp (Japan)
  • UBTech Robotics (China)
  • Starship Technologies (U.S.)
  • Keenon Robotics Co., Ltd. (China)
  • Diligent Robotics Inc. (U.S.)
  • Universal Robots A/S (Denmark)
  • Hanwha Robotics CO.LTD (South Korea)
  • Franka Robotics GmbH (Germany)

Regional Trends:

  • North America: U.S., Canada, Mexico
  • Europe: Germany, U.K., France, Italy, Spain, Rest of Europe
  • Asia Pacific: China, Japan, India, South Korea, Australia, Rest of Asia Pacific
  • Latin America: Brazil, Argentina, Rest of Latin America
  • Middle East & Africa: GCC Countries, South Africa, Rest of MEA

Highlights of Our Report

Our report offers extensive market analysis, providing a deep dive into manufacturing capabilities, production volumes, and technological innovations within the Artificial Intelligence Robots Market. It includes detailed corporate insights with in-depth reviews of company profiles, highlighting major players and their strategic moves in this competitive landscape. The report also examines consumption trends to shed light on current demand dynamics and consumer preferences. Comprehensive segmentation details illustrate the market’s distribution across various end-user segments, applications, and industries. In addition, there is a thorough pricing evaluation that explores pricing structures and the key factors influencing market strategies. Finally, the report presents a forward-looking outlook, offering predictive insights into emerging trends, growth opportunities, and potential challenges that may shape the market’s future.

Market Segmentation:

By Component

  • Hardware
  • Software

By Technology

  • Machine Learning
  • Natural Language Processing
  • Computer Vision
  • Context Awareness

By Application

  • Industrial Robots
  • Service Robots

By End User

  • Manufacturing
  • Transportation & Logistics
  • Healthcare
  • Retail & E-commerce
  • Military & Defense
  • Automotive
  • Others

Key Drivers/ Restrains:

  • Drivers: Rapid advancements in AI technology and increasing automation across industries drive the demand for AI-enabled robots to enhance productivity and reduce human error.
  • Restraints: High development and implementation costs, along with ethical concerns and regulatory challenges, may slow down widespread adoption of AI robots.

In Summary:

The artificial intelligence robots market includes robots embedded with AI capabilities that allow them to perform complex tasks autonomously, learn from their environment, and interact effectively with humans. This market is expanding rapidly, fueled by advancements in machine learning algorithms, sensor technologies, and the rising adoption of robots in industries such as manufacturing, healthcare, logistics, and retail. Trends in this sector include the emergence of collaborative robots (cobots) designed to work alongside humans safely, AI-powered service robots for customer support and care, and intelligent systems that enhance automation efficiency. Leading companies like NVIDIA, ABB, Boston Dynamics, and SoftBank Robotics are driving innovation, particularly in North America and Asia Pacific, regions noted for their strong investments in research and development and early technology adoption.

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About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

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