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AI Robots Market By Robot Type (Humanoid Robots, Industrial Robots, Service Robots, Collaborative Robots), By Technology (Machine Learning, Natural Language Processing, Computer Vision), By Component (Hardware, Software, Services), By Application (Assembly and Production, Patient Assistance, Warehouse Automation, Autonomous Navigation, Customer Service and Interaction), By End-Use Industry (Manufacturing, Healthcare, Retail, Defense and Security), and By Region; Global Insights & Forecast (2024 – 2030)

Published: December, 2024  
|   Report ID: SE4657  
|   Semiconductor and Electronics

As per Intent Market Research, the AI Robots Market was valued at USD 15.5 billion in 2023 and will surpass USD 63.6 billion by 2030; growing at a CAGR of 22.3% during 2024 - 2030.

The AI robots market is revolutionizing industries by combining artificial intelligence with robotic systems to automate processes, enhance efficiency, and improve human-robot interactions. These robots, equipped with capabilities such as machine learning and computer vision, are finding applications in manufacturing, healthcare, retail, and defense. The increasing demand for automation, coupled with advancements in AI technologies, is driving the growth of the market, making AI robots integral to the future of work and service environments.

This analysis delves into the largest and fastest-growing subsegments across robot type, technology, component, application, and end-use industry categories, along with a regional overview and competitive insights.

Service Robots Segment Is Fastest Growing Owing to Versatility

Service robots are the fastest-growing segment within the robot type category, driven by their adaptability across industries such as healthcare, retail, and logistics. These robots are increasingly used for tasks ranging from patient assistance to customer interaction and warehouse automation.

Their ability to perform repetitive tasks with precision while reducing operational costs makes them indispensable in service-oriented industries. Innovations in AI and robotics are further enhancing their functionalities, positioning this segment as a key driver of growth in the AI robots market.

 AI Robots Market Size

Machine Learning Technology Is Largest Due to Advanced Capabilities

Machine learning leads the technology segment, accounting for a significant share of the AI robots market. This technology empowers robots to learn from data, adapt to changing environments, and make autonomous decisions, making it essential for applications in manufacturing, autonomous navigation, and customer service.

The adoption of machine learning in AI robots is particularly prominent in industries like healthcare and defense, where precision and adaptability are critical. Ongoing research and development efforts are expected to enhance the efficiency and reliability of machine learning in robotic systems, solidifying its dominance.

Hardware Component Segment Is Largest Owing to Demand for Advanced Robotics

Hardware remains the largest component segment, driven by the need for high-performance robotic systems equipped with cutting-edge sensors, actuators, and processors. Industries such as manufacturing and defense are investing heavily in robust hardware solutions to ensure operational efficiency and reliability.

Advancements in robotics hardware, including lightweight materials and energy-efficient components, are further enhancing the appeal of this segment. The continuous development of specialized hardware for humanoid and collaborative robots is expected to sustain its dominance in the market.

Warehouse Automation Application Is Fastest Growing Due to Supply Chain Optimization

Warehouse automation is the fastest-growing application, spurred by the rising demand for efficient supply chain management in e-commerce and retail industries. AI robots equipped with autonomous navigation and machine learning capabilities are revolutionizing inventory management, order fulfillment, and delivery processes.

The growth of this segment is bolstered by the adoption of collaborative robots (cobots) that can work alongside human workers, enhancing productivity and reducing labor costs. As the global logistics industry embraces automation, the demand for AI-powered warehouse solutions is set to surge.

Healthcare Industry Is Fastest Growing Owing to Demand for Patient Assistance

The healthcare industry is the fastest-growing end-use segment, driven by the integration of AI robots in patient care, surgery assistance, and rehabilitation. Robots are increasingly used to assist in tasks such as delivering medication, monitoring patients, and performing minimally invasive surgeries.

AI robots’ ability to operate with high precision and reliability is critical in healthcare, especially as the demand for advanced medical technologies rises. With a focus on improving patient outcomes and reducing healthcare costs, this segment is expected to witness robust growth.

North America Is Largest Region Owing to Technological Leadership

North America holds the largest share of the AI robots market, attributed to its technological advancements and the presence of leading robotics companies. The region's early adoption of AI technologies across industries such as manufacturing, healthcare, and defense drives its dominance.

Strong government support for AI and robotics research, coupled with significant investments by private players, further bolsters market growth in the region. As industries continue to innovate, North America is expected to maintain its leadership position in the AI robots market.

 AI Robots Market Size by Region 2030

Leading Companies and Competitive Landscape

The competitive landscape of the AI robots market is marked by major players such as Boston Dynamics, ABB, FANUC, SoftBank Robotics, and iRobot Corporation. These companies are focusing on innovation and partnerships to enhance their market presence and develop next-generation AI-powered robotic solutions.

Emerging players are targeting niche applications such as autonomous navigation and patient assistance, driving competition and fostering innovation. Strategic collaborations, acquisitions, and advancements in AI and robotics technologies remain central to the growth strategies of market leaders.

Recent Developments:

  • Boston Dynamics introduced an advanced AI-powered robot for industrial and warehouse automation
  • SoftBank Robotics launched a humanoid robot equipped with NLP capabilities for enhanced customer interaction
  • FANUC Corporation partnered with NVIDIA to integrate AI platforms into its industrial robotics systems
  • Hanson Robotics announced the development of a new AI-driven humanoid robot for healthcare applications
  • Intuitive Surgical received regulatory approval for its next-generation AI-assisted surgical robot

List of Leading Companies:

  • ABB Ltd.
  • Alphabet Inc. (Google Robotics)
  • Blue River Technology
  • Boston Dynamics
  • FANUC Corporation
  • Hanson Robotics
  • Honda Motor Co., Ltd. (ASIMO)
  • Intuitive Surgical, Inc.
  • iRobot Corporation
  • KUKA AG
  • NVIDIA Corporation
  • Omron Corporation
  • SoftBank Robotics
  • Universal Robots
  • Yaskawa Electric Corporation

Report Scope:

Report Features

Description

Market Size (2023)

USD 15.5 Billion

Forecasted Value (2030)

USD 63.6 Billion

CAGR (2024 – 2030)

22.3%

Base Year for Estimation

2023

Historic Year

2022

Forecast Period

2024 – 2030

Report Coverage

Market Forecast, Market Dynamics, Competitive Landscape, Recent Developments

Segments Covered

AI Robots Market By Robot Type (Humanoid Robots, Industrial Robots, Service Robots, Collaborative Robots), By Technology (Machine Learning, Natural Language Processing, Computer Vision), By Component (Hardware, Software, Services), By Application (Assembly and Production, Patient Assistance, Warehouse Automation, Autonomous Navigation, Customer Service and Interaction), By End-Use Industry (Manufacturing, Healthcare, Retail, Defense and Security)

Regional Analysis

North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, Australia, India, and Rest of Asia-Pacific), Latin America (Brazil, Argentina, and Rest of Latin America), Middle East & Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)

Major Companies

ABB Ltd., Alphabet Inc. (Google Robotics), Blue River Technology, Boston Dynamics, FANUC Corporation, Hanson Robotics, Intuitive Surgical, Inc., iRobot Corporation, KUKA AG, NVIDIA Corporation, Omron Corporation, SoftBank Robotics, and Yaskawa Electric Corporation

Customization Scope

Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements

1. Introduction

   1.1. Market Definition

   1.2. Scope of the Study

   1.3. Research Assumptions

   1.4. Study Limitations

2. Research Methodology

   2.1. Research Approach

      2.1.1. Top-Down Method

      2.1.2. Bottom-Up Method

      2.1.3. Factor Impact Analysis

  2.2. Insights & Data Collection Process

      2.2.1. Secondary Research

      2.2.2. Primary Research

   2.3. Data Mining Process

      2.3.1. Data Analysis

      2.3.2. Data Validation and Revalidation

      2.3.3. Data Triangulation

3. Executive Summary

   3.1. Major Markets & Segments

   3.2. Highest Growing Regions and Respective Countries

   3.3. Impact of Growth Drivers & Inhibitors

   3.4. Regulatory Overview by Country

4. AI Robots Market, by Robot Type (Market Size & Forecast: USD Million, 2022 – 2030)

   4.1. Humanoid Robots

   4.2. Industrial Robots

   4.3. Service Robots

   4.4. Collaborative Robots (Cobots)

   4.5. Others

5. AI Robots Market, by Technology (Market Size & Forecast: USD Million, 2022 – 2030)

   5.1. Machine Learning

   5.2. Natural Language Processing (NLP)

   5.3. Computer Vision

   5.4. Others

6. AI Robots Market, by Component (Market Size & Forecast: USD Million, 2022 – 2030)

   6.1. Hardware

   6.2. Software

   6.3. Services

7. AI Robots Market, by Application (Market Size & Forecast: USD Million, 2022 – 2030)

   7.1. Assembly and Production

   7.2. Patient Assistance

   7.3. Warehouse Automation

   7.4. Autonomous Navigation

   7.5. Customer Service and Interaction

   7.6. Others

8. AI Robots Market, by End-Use Industry (Market Size & Forecast: USD Million, 2022 – 2030)

   8.1. Manufacturing

   8.2. Healthcare

   8.3. Retail

   8.4. Defense and Security

   8.5. Others

9. Regional Analysis (Market Size & Forecast: USD Million, 2022 – 2030)

   9.1. Regional Overview

   9.2. North America

      9.2.1. Regional Trends & Growth Drivers

      9.2.2. Barriers & Challenges

      9.2.3. Opportunities

      9.2.4. Factor Impact Analysis

      9.2.5. Technology Trends

      9.2.6. North America AI Robots Market, by Robot Type

      9.2.7. North America AI Robots Market, by Technology

      9.2.8. North America AI Robots Market, by Component

      9.2.9. North America AI Robots Market, by Application

      9.2.10. North America AI Robots Market, by End-Use Industry

      9.2.11. By Country

         9.2.11.1. US

               9.2.11.1.1. US AI Robots Market, by Robot Type

               9.2.11.1.2. US AI Robots Market, by Technology

               9.2.11.1.3. US AI Robots Market, by Component

               9.2.11.1.4. US AI Robots Market, by Application

               9.2.11.1.5. US AI Robots Market, by End-Use Industry

         9.2.11.2. Canada

         9.2.11.3. Mexico

    *Similar segmentation will be provided for each region and country

   9.3. Europe

   9.4. Asia-Pacific

   9.5. Latin America

   9.6. Middle East & Africa

10. Competitive Landscape

   10.1. Overview of the Key Players

   10.2. Competitive Ecosystem

      10.2.1. Level of Fragmentation

      10.2.2. Market Consolidation

      10.2.3. Product Innovation

   10.3. Company Share Analysis

   10.4. Company Benchmarking Matrix

      10.4.1. Strategic Overview

      10.4.2. Product Innovations

   10.5. Start-up Ecosystem

   10.6. Strategic Competitive Insights/ Customer Imperatives

   10.7. ESG Matrix/ Sustainability Matrix

   10.8. Manufacturing Network

      10.8.1. Locations

      10.8.2. Supply Chain and Logistics

      10.8.3. Product Flexibility/Customization

      10.8.4. Digital Transformation and Connectivity

      10.8.5. Environmental and Regulatory Compliance

   10.9. Technology Readiness Level Matrix

   10.10. Technology Maturity Curve

   10.11. Buying Criteria

11. Company Profiles

   11.1. ABB Ltd.

      11.1.1. Company Overview

      11.1.2. Company Financials

      11.1.3. Product/Service Portfolio

      11.1.4. Recent Developments

      11.1.5. IMR Analysis

    *Similar information will be provided for other companies 

   11.2. Alphabet Inc. (Google Robotics)

   11.3. Blue River Technology

   11.4. Boston Dynamics

   11.5. FANUC Corporation

   11.6. Hanson Robotics

   11.7. Honda Motor Co., Ltd. (ASIMO)

   11.8. Intuitive Surgical, Inc.

   11.9. iRobot Corporation

   11.10. KUKA AG

   11.11. NVIDIA Corporation

   11.12. Omron Corporation

   11.13. SoftBank Robotics

   11.14. Universal Robots

   11.15. Yaskawa Electric Corporation

12. Appendix

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A comprehensive market research approach was employed to gather and analyze data on the AI Robots Market. In the process, the analysis was also done to analyze the parent market and relevant adjacencies to measure the impact of them on the AI Robots Market. The research methodology encompassed both secondary and primary research techniques, ensuring the accuracy and credibility of the findings.

Research Approach -  AI Robots Market

Secondary Research

Secondary research involved a thorough review of pertinent industry reports, journals, articles, and publications. Additionally, annual reports, press releases, and investor presentations of industry players were scrutinized to gain insights into their market positioning and strategies.

Primary Research

Primary research involved conducting in-depth interviews with industry experts, stakeholders, and market participants across the AI Robots ecosystem. The primary research objectives included:

  • Validating findings and assumptions derived from secondary research
  • Gathering qualitative and quantitative data on market trends, drivers, and challenges
  • Understanding the demand-side dynamics, encompassing end-users, component manufacturers, facility providers, and service providers
  • Assessing the supply-side landscape, including technological advancements and recent developments

Market Size Assessment

A combination of top-down and bottom-up approaches was utilized to analyze the overall size of the AI Robots Market. These methods were also employed to assess the size of various subsegments within the market. The market size assessment methodology encompassed the following steps:

  1. Identification of key industry players and relevant revenues through extensive secondary research
  2. Determination of the industry's supply chain and market size, in terms of value, through primary and secondary research processes
  3. Calculation of percentage shares, splits, and breakdowns using secondary sources and verification through primary sources

Bottom Up and Top Down -  AI Robots Market

Data Triangulation

To ensure the accuracy and reliability of the market size, data triangulation was implemented. This involved cross-referencing data from various sources, including demand and supply side factors, market trends, and expert opinions. Additionally, top-down and bottom-up approaches were employed to validate the market size assessment.

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