Artificial Intelligence (AI) Robots Market Size by Product, Offering ,Technology, Application, and Region - Segment-Level Market Assessment, Growth Opportunity Analysis, Competitive Mapping & Forecast to 2030
Overview
Artificial Intelligence in Robots Market size is expected to reach US$ 91.79 Bn. by 2030, at a CAGR of 31.78% during the forecast period.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments.
The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
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Global Artificial Intelligence (AI) Robots Market is segmented into robot type, offering, technology and geography. Based on robot type market is split into services and industrial. Offering is divided into GPU and MPU. Technology is sub segmented into machine learning and computer vision. Based on the applications are public relations, stock management. Region wise divided into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
Major driving factors of Artificial Intelligence (AI) Robots Market are high adoption of robots for private use namely company and entertainment. Support from governments worldwide to build trendy technologies. Restraining factors of Artificial Intelligence (AI) Robots Market are, reluctance to adopt advance technologies. Absence of standardized laws to stop risks interrelated to networked and autonomous robot.
Global Artificial Intelligence (AI) Robots Market Segment Analysis:
On the basis of application, AI in robots market for stock management applications is dominating the market during the forecast period. High penetration rate of e-commerce giants, such as Amazon, Walmart, and Alibaba, worldwide is one of the major factors contributing to the high growth of the AI in robots market for stock management applications.
Based on technology, Machine learning methods are particularly applicable when it comes to powering new insights within the robotics industry as the data sets are large and diverse, and they change quickly. Additionally, machine learning is required for voice recognition, voice search, recommendation engines, sentiment analysis, image recognition, and motion detection applications in smart robots. Based on offering, Artificial Intelligence (AI) Robots market is segmented on the basis of Software, Processors and Hardware. The software is segmented into AI Solutions and AI Platforms. Processors is segmented into Storage Devices and Network Devices.
In terms of geography, APAC is expected to have majority market share during the forecast period owing to the high adoption of deep learning and NLP technologies for retail and security applications. However, North America is expected to have the second-largest share of the AI in robots market in 2019 because the US is a global leader in adopting AI technology for robots in various application.
The objective of the report is to present comprehensive Global Artificial Intelligence (AI) Robots Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.
The report also helps in understanding Global Artificial Intelligence (AI) Robots Market North America for Asia Pacific dynamics, structure by analyzing the market segments, and project the Global Artificial Intelligence (AI) Robots Market North America for Asia Pacific size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Artificial Intelligence (AI) Robots Market North America for Asia Pacific make the report investor’s guide.
Artificial Intelligence (AI) Robots Market Key Highlights:
Global Artificial Intelligence (AI) Robots Market analysis and forecast, in terms of value.
Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Artificial Intelligence (AI) Robots Market
Global Artificial Intelligence (AI) Robots Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.
Global Artificial Intelligence (AI) Robots Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.
Global Artificial Intelligence (AI) Robots Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.
Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.
Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Market are also profiled.
Artificial Intelligence (AI) Robots Market Scope: Inquire before buying
| Artificial Intelligence in Robots Market | |||
|---|---|---|---|
| Report Coverage | Details | ||
| Base Year: | 2023 | Forecast Period: | 2024-2030 |
| Historical Data: | 2018 to 2023 | Market Size in 2023: | US $ 13.30 Bn. |
| Forecast Period 2024 to 2030 CAGR: | 31.78 % | Market Size in 2030: | US $ 91.79 Bn. |
| Segments Covered: | by Product | Service Industrial |
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| by Offering | GPU MPU |
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| by Technology | Machine Learning Computer Vision |
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| by Application | Public Relations Stock Management |
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Artificial Intelligence in Robots Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina, Columbia and Rest of South America)
Artificial Intelligence (AI) Robots Market, Key Players
1. ABB
2. Alphabet
3. Amazon
4. Asustek Computer
5. Blue Frog Robotics
6. Bsh Hausgeräte
7. Fanuc
8. Hanson Robotics
9. Harman International Industries
10. IBM
11. Intel
12. Jibo
13. Kuka
14. LG
15. Mayfield Robotics
16. Microsoft
17. Neurala
Frequently Asked Questions:
1. Which region has the largest share in Global Artificial Intelligence in Robots Market?
Ans: Asia Pacific region held the highest share in 2023.
2. What is the growth rate of Global Artificial Intelligence in Robots Market?
Ans: The Global Artificial Intelligence in Robots Market is growing at a CAGR of 31.78% during forecasting period 2024-2030.
3. What is scope of the Global Artificial Intelligence in Robots Market report?
Ans: Global Artificial Intelligence in Robots Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.
4. Who are the key players in Global Artificial Intelligence in Robots Market?
Ans: The important key players in the Global Artificial Intelligence in Robots Market are – ABB, Alphabet, Amazon, Asustek Computer, Blue Frog Robotics, Bsh Hausgeräte, Fanuc, Hanson Robotics, Harman International Industries, IBM, Intel, Jibo, Kuka, LG, Mayfield Robotics, Microsoft, Neurala, Nvidia, Promobot, Softbank, Xilinx., Covariant.
5. What is the study period of this Market?
Ans: The Global Artificial Intelligence in Robots Market is studied from 2023 to 2030.