Intelligence (AI) Robots Market: Overview
Artificial Intelligence (AI) Robots market expected to grow at a CAGR of 29.41%
from 2018 to reach a value of approximately USD 16.45 billion by the year 2025.Artificial intelligence and robotics combined helps in augmentation
and simulate human task and behavior to increase the efficiency in the result.
This market is fueled by technological advancement and increasing demand for AI
implementation. The growth in AI robot market is driven by increasing
penetration of robots for personal use, growing number of geriatric population,
rising capital and R & D investment by robots manufacturing, demand for
personalized services trend and robot suppleness are some of the vital factors
expected to expand global artificial intelligence robots market in the forecast
In addition, rising adoption of cloud-based
applications and services in the robot industry support from governments
worldwide to develop modern technologies and financial assistance through
government budgets or subsidies are other factors estimated to accelerate the
growth of the market in the next few years. Moreover, the growing adoption of
customer-centric marketing methods, increased use of social media for
advertising and increase in demand for virtual assistants will fuel the growth
of the Artificial Intelligence (AI) Robots market in the forecast period.
rapid adoption of AI-based robots in end-use industries such as retail,
healthcare, and automotive will contribute to the growth of the Artificial
Intelligence (AI) Robots market in upcoming periods. Additionally, applications of AI and robotics
will enable machines to efficiently and quickly perform more mundane and
time-consuming tasks will foster the global Artificial Intelligence (AI) Robots
(AI) Robots Market Robot Type analysis
On the basis of Robot Type, the Artificial
Intelligence (AI) Robots market has been segmented into Service and Industrial.
Service segment dominates the global Artificial Intelligence (AI) Robots Market
owing to less expensive hardware and improvements in AI lead to improved cost
structures and increased integration with enterprise software systems
respectively. Moreover, the increasing adoption of AI-based robots for personal
use, such as companionship and entertainment will fuel the global Artificial
Intelligence (AI), Robots Market. The industrial segment will boom by growing
use of robots for assembly, packaging and customer service.
(AI) Robots Market Offering Analysis
On the basis of offering, the Artificial Intelligence (AI) Robots market
has been segmented into Software and Hardware. Software segment will lead the
market owing to its usages such as designing and deploying artificial
intelligence applications including those for, inference, primitives, video
analytics, sparse matrices, linear algebra, and multi-hardware communication
capabilities. Hardware segment will grow by its application like handling
material, cutting, welding, color coating, drilling, polishing, etc.
(AI) Robots Market Technology Analysis
On the basis of Technology, the Artificial
Intelligence (AI) Robots market has been categorized into Machine Learning,
Computer vision and context awareness. Machine Learning segment dominates Artificial
Intelligence (AI) Robots Market due to it enables robots to analyze and learn
from the different working environment, thereby making the robots safer and
efficient. Computer vision will surge by its application to guide a machine or
a robotic arm to pick an object and place it somewhere as per requirements.
Artificial Intelligence (AI) Robots Market Application Analysis
On the basis of Application, the Artificial
Intelligence (AI) Robots market has been segmented into Military & Defense,
Public Relations, Healthcare Assistance, Industrial, Stock Management and
Research and Space Exploration. By application, Military & Defense will
lead the market owing to increasing budgetary constraints coupled with the
development of innovative and cost-effective robots to accomplish military
missions. Healthcare Assistance will influence by use-cases including,
robot-assisted surgery, virtual nursing assistants, hospital workflow
management, dosage error reduction, clinical trial participant identifier,
preliminary diagnosis, and automated image diagnosis.
Regional analysis of
Artificial Intelligence (AI) Robots Market
On the basis of region, the Artificial
Intelligence (AI) Robots Market has been segmented into North America, Europe,
Asia Pacific, Middle East & Africa, and Latin America. The Asia Pacific
dominates the world Artificial Intelligence (AI) Robots market over the forecast
period due to increasing adoption of deep learning and NLP technologies in the
vertical industry such as for retail and security applications. North America
will boost by availability of high government funding, the presence of leading
players in the region, and strong technical adoption base.
The objective of the
To analyze and forecast the market size of the global Artificial
Intelligence (AI) Robots Market, in terms of value.
To examine the careful market segmentation and forecast the market
size, in terms value, on the basis of the region by segmenting Artificial
Intelligence (AI) Robots market into five regions, namely, North America,
Europe, Asia Pacific, Middle East, and their leading countries.
To outline, categorized and forecast the global Artificial
Intelligence (AI) Robots market on the basis of Robot type, offering,
technology, and application.
To examine competitive developments like technological
advancement, services, and regulative framework within the global Artificial
Intelligence (AI) Robots Market.
To highlight the impact analysis of the factors, affecting the
market dynamics such as drivers, restraints, opportunities, and challenges.
To strategically profile the key players and comprehensively
analyze their market shares along with detailing the competitive landscape for
Intelligence (AI) Robots Market Competitive Landscape
Companies such as Softbank, Hanson
Robotics, Nvidia, Intel, Microsoft, IBM, Alphabet, Harman International
Industries, Xilinx, ABB, Fanuc, Kuka, Amazon, Blue Frog
Robotics and Promobot are the key players in the global
Artificial Intelligence (AI) Robots market.
Key Target Audience:
Market research and consulting firms
Global Artificial Intelligence (AI) Robots
Research organizations and consulting companies
Global Artificial Intelligence (AI) Robots
Organizations, associations, and alliances
related to Artificial Intelligence (AI) Robots
Scope of the Report
By Robots Types
Military & Defense
Research and Space Exploration
In addition, the report provides an
analysis of the Artificial Intelligence (AI) Robots Market with respect to the
following geographic segments:
Rest of Europe
Asia Pacific (APAC)
Rest of Asia Pacific
Rest of Latin America
Rest of Middle-East
Business Questions answer by the report
How will the market drivers, restraints and
opportunities affect the market dynamics?
What will be the market size in terms of value
and volume and market statistics with detailed classification
Which segment dominates the market or region and
one will be the fastest growing and why?
A comprehensive survey of the competitive
landscape and the market participant players
Analysis of strategy adopted by the key player
and their impact on other players.
Customization Scope for the Client
satisfaction is our first and last priority. And that’s why BlueWeave Consulting offers customization according to Company’s specific needs. The
following customization options are available for the report:
With five additional company detail analysis.
Additional country analysis.
Detailed segment analysis.