Global Artificial Intelligence (AI) Robots Market is valued approximately USD 6.90 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 38.6% over the forecast period 2022-2028.
Artificial Intelligence (AI) Robots are artificial managers who work in a real-time environment. AI Robots are for operating objects by moving, picking, perceiving, destroying them. These robots are highly adopted in various applications such as personal assistance and caregiving, public relations, education and entertainment, security and surveillance, and many others. The rising adoption of robots for personal use, availability of favorable government policies, surging demand for industrial robots, coupled with the development of the end-use industries such as healthcare, military & defense, stock management, etc. are bolstering the global market demand. For instance, as per the study of The Center for Internet & Society (CIS) in 2017, the digital healthcare companies raised fund around USD 5.5 billion for AI in the Indian healthcare industry. In addition, it is projected that AI will also potentially add USD 957 billion to the Indian economy by 2035. Thereby, the rising emergence of AI in the healthcare industry is propelling the demand for artificial intelligence (AI) robots, which, in turn, augments market growth. However, the absence of standardized regulations to prevent risks associated with networked and autonomous robots and a long time to commercialize robots and high maintenance cost impedes the growth of the market over the forecast period of 2022-2028. Also, the growing focus on developing robots with special application cases that work and add value and increasing investments in AI robotics is anticipated to act as a catalyzing factor for the market demand during the forecast period.
The key regions considered for the global Artificial Intelligence (AI) Robots market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the rising use of service robots in various applications, as well as the growing adoption of automated material handling and trends. Whereas, North America is also anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the availability of private and public investments, as well as rising spending on R&D activities by the leading companies, would create lucrative growth prospects for the Artificial Intelligence (AI) Robots market across the North American region.
Major market players included in this report are:
SoftBank Group Corp.
Nvidia Corporation
Intel Corporation
Microsoft Corporation
International Business Machines Corporation (IBM)
Hanson Robotics Limited
Alphabet Inc.
Harman International Industries, GMBH.
ABB Ltd.
Fanuc Corporation
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Offering offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Offering:
Software
Hardware
By Robot Type:
Service Robots
Industrial Robots
By Technology:
Machine Learning
Computer Vision
Context Awareness
Natural Language Processing
By Deployment mode:
Cloud
On-premises
By Application:
Military & Defence
Law Enforcement
Personal Assistance and Care giving
Security and Surveillance
Public Relations
Education and Entertainment
Research and Space exploration
Industrial
Agriculture
Healthcare Assistance
Stock Management
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Artificial Intelligence (AI) Robots Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
- 1.2.1. Global Artificial Intelligence (AI) Robots Market, by Region, 2020-2028 (USD Billion)
- 1.2.2. Global Artificial Intelligence (AI) Robots Market, by Offering, 2020-2028 (USD Billion)
- 1.2.3. Global Artificial Intelligence (AI) Robots Market, by Robot Type, 2020-2028 (USD Billion)
- 1.2.4. Global Artificial Intelligence (AI) Robots Market, by Technology, 2020-2028 (USD Billion)
- 1.2.5. Global Artificial Intelligence (AI) Robots Market, by Deployment mode, 2020-2028 (USD Billion)
- 1.2.6. Global Artificial Intelligence (AI) Robots Market, by Application, 2020-2028 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Artificial Intelligence (AI) Robots Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Artificial Intelligence (AI) Robots Market Dynamics
- 3.1. Artificial Intelligence (AI) Robots Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
- 3.1.1.1. Increasing demand for industrial robots
- 3.1.1.2. High adoption of robots for personal use
- 3.1.2. Market Challenges
- 3.1.2.1. Absence of standardized regulations to prevent risks associated with networked and autonomous robots
- 3.1.2.2. Long time to commercialize robots and high maintenance cost
- 3.1.3. Market Opportunities
- 3.1.3.1. Growing focus on developing robots with special application cases that work and add value
- 3.1.3.2. Increasing investments in AI robotics
Chapter 4. Global Artificial Intelligence (AI) Robots Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
- 4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.3. Investment Adoption Model
- 4.4. Analyst Recommendation & Conclusion
- 4.5. Top investment opportunity
- 4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1.1. Assessment of the overall impact of COVID-19 on the industry
- 5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Artificial Intelligence (AI) Robots Market, by Offering
- 6.1. Market Snapshot
- 6.2. Global Artificial Intelligence (AI) Robots Market by Offering, Performance - Potential Analysis
- 6.3. Global Artificial Intelligence (AI) Robots Market Estimates & Forecasts by Offering 2018-2028 (USD Billion)
- 6.4. Artificial Intelligence (AI) Robots Market, Sub Segment Analysis
- 6.4.1. Software
- 6.4.2. Hardware
Chapter 7. Global Artificial Intelligence (AI) Robots Market, by Robot Type
- 7.1. Market Snapshot
- 7.2. Global Artificial Intelligence (AI) Robots Market by Robot Type, Performance - Potential Analysis
- 7.3. Global Artificial Intelligence (AI) Robots Market Estimates & Forecasts by Robot Type 2018-2028 (USD Billion)
- 7.4. Artificial Intelligence (AI) Robots Market, Sub Segment Analysis
- 7.4.1. Service Robots
- 7.4.2. Industrial Robots
Chapter 8. Global Artificial Intelligence (AI) Robots Market, by Technology
- 8.1. Market Snapshot
- 8.2. Global Artificial Intelligence (AI) Robots Market by Technology, Performance - Potential Analysis
- 8.3. Global Artificial Intelligence (AI) Robots Market Estimates & Forecasts by Technology 2018-2028 (USD Billion)
- 8.4. Artificial Intelligence (AI) Robots Market, Sub Segment Analysis
- 8.4.1. Machine Learning
- 8.4.2. Computer Vision
- 8.4.3. Context Awareness
- 8.4.4. Natural Language Processing
Chapter 9. Global Artificial Intelligence (AI) Robots Market, by Deployment mode
- 9.1. Market Snapshot
- 9.2. Global Artificial Intelligence (AI) Robots Market by Deployment mode, Performance - Potential Analysis
- 9.3. Global Artificial Intelligence (AI) Robots Market Estimates & Forecasts by Deployment mode 2018-2028 (USD Billion)
- 9.4. Artificial Intelligence (AI) Robots Market, Sub Segment Analysis
- 9.4.1. Cloud
- 9.4.2. On-premises
Chapter 10. Global Artificial Intelligence (AI) Robots Market, by Application
- 10.1. Market Snapshot
- 10.2. Global Artificial Intelligence (AI) Robots Market by Application, Performance - Potential Analysis
- 10.3. Global Artificial Intelligence (AI) Robots Market Estimates & Forecasts by Application 2018-2028 (USD Billion)
- 10.4. Artificial Intelligence (AI) Robots Market, Sub Segment Analysis
- 10.4.1. Military & Defence
- 10.4.2. Law Enforcement
- 10.4.3. Personal Assistance and Care giving
- 10.4.4. Security and Surveillance
- 10.4.5. Public Relations
- 10.4.6. Education and Entertainment
- 10.4.7. Research and Space exploration
- 10.4.8. Industrial
- 10.4.9. Agriculture
- 10.4.10. Healthcare Assistance
- 10.4.11. Stock Management
- 10.4.12. Others
Chapter 11. Global Artificial Intelligence (AI) Robots Market, Regional Analysis
- 11.1. Artificial Intelligence (AI) Robots Market, Regional Market Snapshot
- 11.2. North America Artificial Intelligence (AI) Robots Market
- 11.2.1. U.S. Artificial Intelligence (AI) Robots Market
- 11.2.1.1. Offering estimates & forecasts, 2018-2028
- 11.2.1.2. Robot Type estimates & forecasts, 2018-2028
- 11.2.1.3. Technology estimates & forecasts, 2018-2028
- 11.2.1.4. Deployment mode estimates & forecasts, 2018-2028
- 11.2.1.5. Application estimates & forecasts, 2018-2028
- 11.2.2. Canada Artificial Intelligence (AI) Robots Market
- 11.3. Europe Artificial Intelligence (AI) Robots Market Snapshot
- 11.3.1. U.K. Artificial Intelligence (AI) Robots Market
- 11.3.2. Germany Artificial Intelligence (AI) Robots Market
- 11.3.3. France Artificial Intelligence (AI) Robots Market
- 11.3.4. Spain Artificial Intelligence (AI) Robots Market
- 11.3.5. Italy Artificial Intelligence (AI) Robots Market
- 11.3.6. Rest of Europe Artificial Intelligence (AI) Robots Market
- 11.4. Asia-Pacific Artificial Intelligence (AI) Robots Market Snapshot
- 11.4.1. China Artificial Intelligence (AI) Robots Market
- 11.4.2. India Artificial Intelligence (AI) Robots Market
- 11.4.3. Japan Artificial Intelligence (AI) Robots Market
- 11.4.4. Australia Artificial Intelligence (AI) Robots Market
- 11.4.5. South Korea Artificial Intelligence (AI) Robots Market
- 11.4.6. Rest of Asia Pacific Artificial Intelligence (AI) Robots Market
- 11.5. Latin America Artificial Intelligence (AI) Robots Market Snapshot
- 11.5.1. Brazil Artificial Intelligence (AI) Robots Market
- 11.5.2. Mexico Artificial Intelligence (AI) Robots Market
- 11.6. Rest of The World Artificial Intelligence (AI) Robots Market
Chapter 12. Competitive Intelligence
- 12.1. Top Market Strategies
- 12.2. Company Profiles
- 12.2.1. SoftBank Group Corp.
- 12.2.1.1. Key Information
- 12.2.1.2. Overview
- 12.2.1.3. Financial (Subject to Data Availability)
- 12.2.1.4. Offering Summary
- 12.2.1.5. Recent Developments
- 12.2.2. Nvidia Corporation
- 12.2.3. Intel Corporation
- 12.2.4. Microsoft Corporation
- 12.2.5. International Business Machines Corporation (IBM)
- 12.2.6. Hanson Robotics Limited
- 12.2.7. Alphabet Inc.
- 12.2.8. Harman International Industries, GMBH.
- 12.2.9. ABB Ltd.
- 12.2.10. Fanuc Corporation
Chapter 13. Research Process
- 13.1. Research Process
- 13.1.1. Data Mining
- 13.1.2. Analysis
- 13.1.3. Market Estimation
- 13.1.4. Validation
- 13.1.5. Publishing
- 13.2. Research Attributes
- 13.3. Research Assumption