Latest News- Artificial Intelligence Robots Market: Software is expected to lead the Technology segment during 2025-2029

The Artificial Intelligence Robots Market is being driven by High adoption of private-use robots

The Artificial Intelligence Robots Market is expected to grow at a CAGR of 37.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 43094.7 million. In today's business landscape, manufacturing companies are prioritizing automation to enhance productivity, improve product quality, and minimize labor costs. Advanced technologies such as Artificial Intelligence (AI), Machine Learning (ML), robotics, and analytics are being integrated into automated control systems. To streamline operations and reduce labor expenses, companies are adopting collaborative robots and professional robots to replace manual and clerical tasks. Key industries, including automotive, consumer electronics, healthcare, and manufacturing, are increasingly investing in AI robots to automate their manufacturing processes, contributing to the market's significant growth. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Technology
  • Software
  • Hardware
• Type
  • Service
  • Industrial
• End-user
  • Defense and security
  • Construction and mining
  • Logistics and warehousing
  • Healthcare
  • Others
• Geography
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • North America
    • Canada
    • US
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• High adoption of private-use robots
• Miniaturization of sensors
• Changing global labor force trends

However, the market also witnesses some limitations, which are as follows:

• Increasing manufacturing cost of robots
• Regulatory hurdles
• Issues in robotic vision system

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Market Scope in Artificial Intelligence Robots Market Research Report

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Research Analysis Overview

The Artificial Intelligence (AI) Robots Market encompasses advanced technologies such as AI algorithms, machine vision, speech recognition, and humanoid robots. Key features include autonomous navigation, obstacle avoidance using 3D vision and depth sensing. Robots offer gesture and facial recognition, biometric authentication, and advanced robotic software, operating systems, and middleware. Virtual and augmented reality, remote control and monitoring, data collection and visualization, predictive modeling, and process automation are also integral. Industries served include supply chain management, warehouse automation, inventory management, patient care, assistive and rehabilitation robotics, personalized learning, smart assistants, home security, energy efficiency, smart grids, and more. Robots offer human-robot collaboration, social interaction, and safety standards. Robot design incorporates various components. (Word count: 50)

Market Research Overview

The Artificial Intelligence (AI) robots market is a significant segment of the larger industrial machinery and supplies and components market. This market encompasses businesses involved in manufacturing AI-enabled robots, including those utilizing machine learning, deep learning, computer vision, and natural language processing technologies. According to Technavio, the global industrial machinery and supplies and components market, which includes the revenue generated by manufacturers of machinery and components used in industrial settings, is poised for growth. Key drivers include expanding industrial production in process and discrete industries, as well as increasing demand for energy, chemicals and petrochemicals, pulp and paper products, and processed food and beverages in developing countries.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/