Global Intelligent Robotics Market Growth 2024-2030
According to our LPI (LP Information) latest study, the global Intelligent Robotics market size was valued at US$ 392.3 million in 2023. With growing demand in downstream market, the Intelligent Robotics is forecast to a readjusted size of US$ 539.9 million by 2030 with a CAGR of 4.7% during review period.
The research report highlights the growth potential of the global Intelligent Robotics market. Intelligent Robotics are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Intelligent Robotics. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Intelligent Robotics market.
Intelligent Robotics is the interdisciplinary branch of engineering and science that includes mechanical engineering, electrical engineering, computer science, and others. Robotics deals with the design, construction, operation, and use of robots, as well as computer systems for their control, sensory feedback, and information processing.
The intelligent robotics market has been growing rapidly in recent years and is expected to continue growing at a significant rate in the coming years. According to a report by MarketsandMarkets, the global intelligent robotics market size was valued at USD 16.2 billion in 2020 and is projected to reach USD 34.0 billion by 2026, growing at a CAGR of 12.0% during the forecast period. The growth of the market is attributed to the increasing adoption of automation in various industries, advancements in artificial intelligence and machine learning algorithms, and the demand for robots with advanced sensing and mobility capabilities. The Asia Pacific region is expected to dominate the intelligent robotics market during the forecast period, primarily due to the presence of leading manufacturers of industrial robots in countries like Japan, South Korea, and China. Additionally, increasing investments by the government in research and development activities of advanced robots in the region are also contributing to the growth of the market. The major players operating in the global intelligent robotics market include ABB Ltd., Fanuc Corporation, Yaskawa Electric Corporation, Kuka AG, Kawasaki Heavy Industries Ltd., Universal Robots A/S, Denso Corporation, Nachi Fujikoshi Corporation, and Mitsubishi Electric Corporation, among others. These companies are focusing on developing advanced robots with enhanced capabilities to cater to the diverse needs of customers across several industries.
Key Features:
The report on Intelligent Robotics market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Intelligent Robotics market. It may include historical data, market segmentation by Type (e.g., Industrial Robots, Service Robots for Professional), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Intelligent Robotics market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Intelligent Robotics market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Intelligent Robotics industry. This include advancements in Intelligent Robotics technology, Intelligent Robotics new entrants, Intelligent Robotics new investment, and other innovations that are shaping the future of Intelligent Robotics.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Intelligent Robotics market. It includes factors influencing customer ' purchasing decisions, preferences for Intelligent Robotics product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Intelligent Robotics market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Intelligent Robotics market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Intelligent Robotics market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Intelligent Robotics industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Intelligent Robotics market.
Market Segmentation:
Intelligent Robotics market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Industrial Robots
Service Robots for Professional
Service Robots for Personnel
Segmentation by application
Personal
Commercial
Industrial
Military
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
FANUC
ABB
Yaskawa
KUKA
OTC
Panasonic
Kawasaki
Nachi
Epson
Mitsubishi
Denso
Yamaha
Toshiba
iRobot
Ecovacs
Proscenic
Matsutek
Neato Robotics
Infinuvo(Metapo)
LG
Samsung
Sharp
EURObiz
Siemens
Key Questions Addressed in this Report
What is the 10-year outlook for the global Intelligent Robotics market?
What factors are driving Intelligent Robotics market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Intelligent Robotics market opportunities vary by end market size?
How does Intelligent Robotics break out type, application?
Please note: The report will take approximately 2 business days to prepare and deliver.