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What are the latest figures on the artificial intelligence in robotics market’s size and projected CAGR?
The artificial intelligence in robotics market size has grown exponentially in recent years. It will grow from $17.89 billion in 2024 to $23.12 billion in 2025 at a compound annual growth rate (CAGR) of 29.2%. The growth in the historic period can be attributed to advancements in machine learning algorithms, cost reduction in hardware, increased processing power, rising automation in industries, development of cloud robotics.
The artificial intelligence in robotics market size is expected to see exponential growth in the next few years. It will grow to $64.74 billion in 2029 at a compound annual growth rate (CAGR) of 29.4%. The growth in the forecast period can be attributed to ai integration across industries, focus on explainability and ethics, expansion of autonomous systems, ai in healthcare robotics, global connectivity and 5g adoption. Major trends in the forecast period include technological advancements, increased investments, cross-industry collaboration, edge computing for robotics, explainable ai in robotics.
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Which Market drivers have played a significant role in driving the artificial intelligence in robotics market?
The rising automation technology is expected to propel the growth of artificial intelligence in the robotics market going forward. Automation technology refers to technology that includes the procedures and tools necessary to make facilities and systems operate automatically. Automation technologies are used in artificial intelligence-based robotics to provide great speed and high accuracy that results in increased efficiency and productivity in a wide range of industries, such as manufacturing, agriculture, logistics, and healthcare. For instance, in April 2024, according to the International Federation of Robotics, a Germany-based robotics industry association, the total number of industrial robot installations increased by 12%, reaching 44,303 units in 2023. Therefore, the rising automation technology is driving the growth of artificial intelligence in the robotics market going forward.
What are the key segments within the artificial intelligence in robotics market?
The artificial intelligence in robotics market covered in this report is segmented –
1) By Offering: Software, Hardware, Services
2) By Robot Type: Service Robots, Industrial Robots, Other Robot
3) By Deployment Mode: Cloud, On-Premises
4) By Technology: Machine Learning, Computer Vision, Context Awareness, Natural Language Processing
5) By End-Use Industry: Automotive, Aerospace And Defense, Retail, Healthcare, Industrial, Other End Use Industries
Subsegments:
1) By Software: Robotics Operating Systems, Machine Learning Algorithms, Computer Vision Software, Motion Planning And Control Software, Simulation And Testing Software
2) By Hardware: Robotic Arms And Manipulators, Autonomous Mobile Robots (AMRs), Drones And UAVs, Sensors And Cameras, Power Supply Systems
3) By Services: Consulting Services, Integration And Deployment Services, Maintenance And Support Services, Training And Education Services, Customization Services
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Which key players are shaping the artificial intelligence in robotics market?
Major companies operating in the artificial intelligence in robotics market report are Alphabet Inc., Microsoft Corporation, Intel Corporation, Medtronic, NVIDIA Corporation, ASUSTek Computer Inc., Kawasaki Heavy Industries, Ltd., FANUC Corporation, Kindred, Inc., iRobot Corporation, Nuro Inc., CloudMinds Technology Inc., AMP Robotics, Brain Corporation, Boston Dynamics, Inc., Magazino GmbH, Robust AI, Diligent Robotics, Hanson Robotics Ltd., Blue Frog Robotics SAS, Neurala, Inc., Veo Robotics, Inc., Agility Robotics, Miso Robotics Corporation, Gecko Robotics
Which transformative trends will shape the artificial intelligence in robotics market landscape?
Major companies operating in the artificial intelligence in robotics market are focused on developing innovative solutions to increase efficiency. Chef Robotics, a California-based robotics and artificial intelligence company, launched an AI-enabled flexible robotics solution for food producers to assist overcome workforce shortages and enhance production volume through flexible automation. The technology, which replicates human pick-and-place actions, employs artificial intelligence and interchangeable utensils to be as adaptable as a person, picking a wide range of ingredients, working with any portion size and precisely placing components wherever on the tray. This method is intended to solve the continuous difficulty of hiring and retaining staff in cold room conditions that need repeated actions for manufacturing and assembly.
How do regional factors impact the artificial intelligence in robotics market, and which region is the largest contributor?
North America was the largest region in the artificial intelligence in robotics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the artificial intelligence in robotics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Artificial Intelligence In Robotics Market Report 2025 Offer?
The artificial intelligence in robotics market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Artificial Intelligence (AI) in robotics refers to the integration of advanced artificial intelligence techniques and algorithms into robotic systems to enable them to perform tasks autonomously, adapt to changing environments and make decisions based on sensory input. AI empowers robots to interpret, comprehend, acquire knowledge and formulate decisions using the information they gather from their surroundings. AI techniques provide robots with the capability to process sensory data, learn from their experiences, identify patterns, communicate and make decisions.
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