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, businesses are investing in collaborative and professional robots to replace manual and clerical tasks. Industries, including automotive, consumer electronics, healthcare, and manufacturing, are embracing robotics to automate their manufacturing processes, thereby fueling the growth of the Artificial Intelligence Robots Market. 

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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
    • France
    • Germany
    • Italy
    • UK
  • North America
    • US
    • Canada
  • 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. Additionally, it includes autonomous navigation, obstacle avoidance, 3D vision, depth sensing, gesture recognition, facial recognition, and biometric authentication. Robotic software, operating systems, middleware, and various interfaces like virtual reality, augmented reality, remote control, and remote monitoring are also integral. Data collection, visualization, predictive modeling, process automation, supply chain management, warehouse automation, and inventory management are key applications. Healthcare sectors like patient care, assistive robotics, and rehabilitation robotics are significant areas of growth. Personalized learning, smart assistants, home security, energy efficiency, smart grids, and various safety standards are other significant aspects. Robot design and components complete the landscape of this dynamic market.

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/