Global Soft Robotics Market, By Type (Soft Grippers, Co-Robots, Inflated Robots, Wearable Robots, Edible Robots and others), Components (Hardware, Software), Application (Medical and Healthcare, Food and Beverages, Logistics, Entertainment and Gaming, Automotive, Survey and Exploration and others) – Industry Trends and Forecast to 2030.
Soft Robotics Market Market Analysis and Size
Soft robotics technology will probably take away the complexness of mechanical and recursive automaton styles. The soft robotics business is anticipated to witness growth throughout the forecast period 2023-2030 amount due to the rapid development of good infrastructure within the healthcare sector. The marketplace for world soft robotics is anticipated to be driven by a surge within the adoption of IoT and AI-based technologies within the provision and retail industries. However, high prices of soft robotics in developing countries act as a severe challenge for the market growth, whereas the high installation cost will hinder the market growth. Innovation in soft robotics for small- and medium-sized firms and high investments funding in research and development offer remunerative opportunities for the global soft robotics market.
Data Bridge Market Research analyses that the global soft robotics market is expected to grow at a CAGR of 40.2% during the forecast period of 2023 to 2030, at a USD 2,433.42 million in 2022 and is further estimated to reach USD 7,808.77 million by 2030. “Wearable robots” have witnessed wide adoption across the healthcare and packaging industries for the automation of processes. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Soft Robotics Market Scope and Segmentation
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Report Metric |
Details |
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Forecast Period |
2023 to 2030 |
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Base Year |
2022 |
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Historic Years |
2021 (Customizable to 2015-2020) |
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Quantitative Units |
Revenue in USD Million, Volumes in Units, Pricing in USD |
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Segments Covered |
Type (Soft Grippers, Co-Robots, Inflated Robots, Wearable Robots, Edible Robots and others), Components (Hardware, Software), Application (Medical and Healthcare, Food and Beverages, Logistics, Entertainment and Gaming, Automotive, Survey and Exploration and others) |
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Countries Covered |
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of the Middle East and Africa |
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Market Players Covered |
Parrot Drones SAS (France), GeckoSystems Intl. Corp. (U.S.), KUKA AG (Germany), DJI (China), OMRON Corporation (Japan), Lely (Netherlands), Honda Motor Co., Ltd. (Japan), KONGSBERG (Norway), DeLaval Inc. (Sweden), iRobot India. (U.S.), Intuitive Surgical (U.S.), ECA GROUP (France), Northrop Grumman (U.S.), Aethon (U.S.), Daifuku Co., Ltd. (Japan), Cal-Comp Technology, Inc. (Philippines), General Dynamics Mission Systems, Inc. (U.S.), Seegrid Corporation(U.S.), Kollmorgen (U.S.), Dematic (U.S.), Knightscope, Inc. (U.S.), JBT (U.S.), Smith and Nephew plc (U.K), Murata Machinery, Ltd. (Japan), SSI SCHAEFER AG (Germany), Grenzebach Group (Germany), Stryker (U.S.), Bastian Solutions, Inc. (U.S.), Panasonic Corporation (Japan), YUJIN ROBOT CO., LTD. (South Korea, SAMSUNG (South Korea), SoftBank Robotics (Japan), Robert Bosch GmbH (Germany), ECOVACS (China) |
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Market Opportunities |
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Market Definition
Soft robotics is a subfield of robotics that focuses on the design, construction, and application of robots and robotic systems composed of flexible and deformable materials. Unlike traditional rigid robots made of metal and hard components, soft robots are made of materials such as elastomers, polymers, and flexible textiles, which allow them to change shape, deform, and adapt to their environment. These robots are inspired by biological systems and aim to mimic the flexibility, dexterity, and adaptability found in natural organisms.
Global Soft Robotics Market Dynamics
Drivers
- Increased Demand in Healthcare
Soft robotics has gained significant traction in the healthcare industry, particularly in minimally invasive surgeries and rehabilitation. The ability of soft robots to interact safely with human tissues and provide precise control makes them valuable tools for surgeons. This growing demand for medical soft robots is a major driver of market growth.
- Rising Need for Automation
The need for automation in various industries, such as manufacturing, logistics, and agriculture, is driving the adoption of soft robotics. Soft robots can perform delicate and complex tasks that traditional rigid robots cannot, making them suitable for applications like picking and packing in warehouses, handling fragile items, and working in unstructured environments.
Opportunities
• Expanding Industrial Applications
Soft robotics presents a wide range of opportunities in industries beyond healthcare, including food processing, automotive, and construction. These robots can adapt to various tasks, reducing the need for specialized machines, and can work safely alongside human workers, improving efficiency and safety.
- Technological Advancements
Ongoing advancements in materials science and control systems are enhancing the capabilities of soft robots. Opportunities lie in developing new materials that mimic natural tissues and improving the control and sensing capabilities of soft robotic systems, enabling them to perform even more intricate tasks.
Restraint/Challenge
- Cost and Scalability
Soft robotics technology can be expensive to develop and manufacture, making it a barrier for widespread adoption, especially in smaller businesses and startups. Scaling production while maintaining affordability remains a challenge.
- Limited Durability
Soft robots are generally less durable than their rigid counterparts, as soft materials can wear out or degrade over time. This limitation can affect the cost of ownership and reliability in certain applications, such as industrial settings with high wear and tear.
Recent Developments
- In May 2022, Cyberdyne Inc. announced that Kanagawa Prefecture adopted their Cleaning
- Robot CL02 Wiper Cleaning Type for its program to subsidize the installation of robots.
- In September 2022, FandP Robotics AG and Ostertag DeTeWe signed a partnership agreement as a farreaching technology partnership
- In February 2022, Rewalk Robotics Ltd. announced its membership in the Human-Robot Interaction (HRI) Consortium, part of the Israel Innovation Authority's MAGNET incentive program.
Global Soft Robotics Market Scope
The global soft robotics market is segmented on the basis of type, components and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
Type
- Soft Grippers
- Co-Robots
- Inflated Robots
- Wearable Robots
- Edible Robots
- Others
Components
- Hardware
- Software
Application
- Medical and Healthcare
- Food and Beverages
- Logistics
- Entertainment and Gaming
- Automotive
- Survey and Exploration
- Others
Global Soft Robotics Market Region Analysis/Insights
The global soft robotics market is analyzed and market size, volume information is provided by country type, components and application as referenced above.
The countries covered in the global soft robotics market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the global soft robotics market and will continue to flourish its trend of dominance during the forecast period 2023-2030 owing to the presence of major giant key players. Asia-Pacific will, however, register the highest CAGR for this period 2023-2030 owing to the increasing growth of the automotive industry and healthcare and life sciences industry.
The country section of the accelerator card market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Soft Robotics Market Share Analysis
The global soft robotics market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to global soft robotics market.
The major players covered in the global soft robotics market report are
- Parrot Drones SAS (France)
- GeckoSystems Intl. Corp. (U.S.)
- KUKA AG (Germany)
- DJI (China)
- OMRON Corporation (Japan)
- Lely (Netherlands)
- Honda Motor Co., Ltd. (Japan)
- KONGSBERG (Norway)
- DeLaval Inc. (Sweden)
- iRobot India. (U.S.)
- Intuitive Surgical (U.S.)
- ECA GROUP (France)
- Northrop Grumman (U.S.)
- Aethon (U.S.)
- Daifuku Co., Ltd. (Japan)
- Cal-Comp Technology, Inc. (Philippines)
- General Dynamics Mission Systems, Inc. (U.S.)
- Seegrid Corporation(U.S.)
- Kollmorgen (U.S.),
- Dematic (U.S.)
- Knightscope, Inc. (U.S.)
- JBT (U.S.)
- Smith and Nephew plc (U.K)
- Murata Machinery, Ltd. (Japan)
- SSI SCHAEFER AG (Germany)
- Grenzebach Group (Germany)
- Stryker (U.S.)
- Bastian Solutions, Inc. (U.S.)
- Panasonic Corporation (Japan)
- YUJIN ROBOT CO., LTD. (South Korea)
- SAMSUNG (South Korea)
- SoftBank Robotics (Japan)
- Robert Bosch GmbH (Germany)
- ECOVACS (China)
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