AI Robots: The Demand is Unimaginably High


Many government authorities are taking initiatives to increase artificial intelligence and robotics inventions. The increasing acceptance of artificial intelligence robots in the healthcare sector because it supports starting a good link between healthcare professionals and patients is likely to influence market growth. Artificial intelligence robots are purposely used to transfer materials in the production and manufacturing industry. The implementation of artificial intelligence robots has improved due to their extremely accurate and constant performance. The main reason for such implementation is to protect employees and good quality from damage.

Data Bridge Market Research shows that the Artificial Intelligence Robots Market witnessed a healthy CAGR of 20.88% from 2022 to 2029.

“Growing adoption of technologically advanced robots surgeons for numerous applications is expected to drive the market growth”

The growing adoption of technologically advanced robots by surgeons for numerous applications has highly contributed to the AI-based surgical robots market growth. Robots are automated machines that can work on pre-programmed tasks. With the advancement in AI, technology is also being used to improve robot accuracy, efficiency, and performance. Artificial intelligence-based surgical robots are used in numerous surgeries and specialties such as colorectal surgery, neurology, urology, ENT, thoracic surgery, etc. Therefore, the growing adoption of technologically advanced robots by surgeons for numerous applications is likely to drive the driving artificial intelligence robots market.

What restraints the growth of the artificial intelligence robots market?

“Concerns about job displacement will restrain the market growth”

As artificial intelligence robots become progressively commonplace in numerous industries, job displacement fears have risen among people because of their high capacity for performing tasks before done by humans. As a result of this, some industries have shown resistance toward adopting artificial intelligence robots. As a result, this factor hampers the market growth during the forecast period.

Segmentation: Artificial Intelligence Robots Market

The artificial intelligence robots market is segmented on the basis of robot types, offering, technology and vertical.

  • Based on robot types, the artificial intelligence robots market is segmented into services, and industrial.
  • Based on offering, the artificial intelligence robots market is segmented into hardware and software.
  • Based on technology, the artificial intelligence robots market is segmented into machine learning, natural language processing (NLP), and context awareness and computer vision.
  • Based on vertical, the artificial intelligence robots market is segmented into military and defense, law enforcement, personal assistance and caregiving, public relations, education and entertainment, research and space exploration, industrial, agriculture, healthcare assistance, stock management, etc.

Regional Insights: Asia-Pacific is expected to dominate the artificial intelligence robots market

Asia-Pacific is expected to dominate the market and grow significantly because of increasing NLP and deep learning technologies for security and retail applications in this region. Moreover, the growing deployment of industrial robots in the manufacturing industry to increase productivity will further surge the growth of the artificial intelligence robots market in this region.

In addition, the North American region is likely to register the highest growth rate during the forecast period of 2023 to 2030 because of AI technology adoption for robots in numerous applications. Furthermore, the availability of international brands and the influence of trade directions and internal prices will further boost the market growth in this region.

Recent Development: Artificial Intelligence Robots Market

  • In 2021, ABB launched the novel GoFa and SWIFTI  cobot relations, giving more speeds and payloads to accompany Single YuMi and Arm YuMi in the line-up of ABB’s cobot. The company’s development is enhanced by these cobots, which comprise food, electronics, coordination, healthcare, consumer goods, beverage, and others, leading to the growing demand in several industries for automation.
  • In 2020, Hanson Robotics collaborated with CereProc on an innovative AI project named Sophia. Using CereProc’s singing TTS system, Sophia is the first robot to sing a duet with a human on the Tonight Show. This collaboration gives Sophia an improved AI-based synthetic voice, with the ability to provide more entertaining and dramatic performances in real-time while allowing her to express excitement, humor, suspense, and the odd cheeky remark.

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The Prominent Key Players Operating in the Artificial Intelligence Robots Market Include:

  • ABB (Switzerland)
  • FANUC Corporation (Japan)
  • OMRON Corporation (Japan)
  • Toshiba Corporation (Japan)
  • Universal Robots (Denmark)
  • Rockwell Automation, Inc. (U.S.)
  • Robert Bosch GmbH (Germany)
  • Mitsubishi Electric Corporation (Japan)
  • Panasonic Corporation (Japan)
  • Seiko Epson Corporation (Japan)
  • KUKA AG (Germany)
  • Aurotek Corporation (Taiwan)
  • Yamaha Motor Co. Ltd (Japan)
  • DAIHEN Corporation (Japan)
  • Sepro Group (Germany)

Above are the key players covered in the report, to know about more and exhaustive list of artificial intelligence robots market companies contact?

Research Methodology: Global Artificial Intelligence Robots Market

Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.