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Global Artificial Intelligence (AI) Robots Market

Artificial Intelligence (AI) Robots Market Size, Share, Growth Analysis, By Component, By Application, Technology(Machine Learning, Computer Vision, Context Awareness, NLP), Deployment, Robot Type(Service Robots, Industrial Robots), and Region - Industry Forecast 2024-2031


Report ID: SQMIG45J2218 | Region: Global | Published Date: June, 2024
Pages: 197 | Tables: 146 | Figures: 78

Artificial Intelligence (AI) Robots Market Regional Insights

North America is forecasted to account for a substantial share of the artificial intelligence (AI) robots market. The presence of key robotics companies and growing adoption of robots in different industry verticals are key factors contributing to the high market share of North America. Rising use of automation and automated robots is also estimated to favor sales of artificial intelligence (AI) robots in this region, The United States and Canada are estimated to spearhead artificial intelligence (AI) robots demand outlook in the North American region through 2031 and beyond.   

Increasing acceptance of robotics technologies and growing use of AI robots in the massive manufacturing sector of the Asia Pacific region are making it the fastest-growing market in the world. Japan is one of the key countries in this region where artificial intelligence (AI) robots deployment is projected to reach new heights in the long run. Meanwhile, China and India are also predicted to offer highly lucrative opportunities for suppliers of artificial intelligence (AI) robots in the Asia Pacific region.

North America is forecasted to account for a substantial share of the artificial intelligence (AI) robots market. The presence of key robotics companies and growing adoption of robots in different industry verticals are key factors contributing to the high market share of North America. Rising use of automation and automated robots is also estimated to favor sales of artificial intelligence (AI) robots in this region, The United States and Canada are estimated to spearhead artificial intelligence (AI) robots demand outlook in the North American region through 2031 and beyond.

Increasing acceptance of robotics technologies and growing use of AI robots in the massive manufacturing sector of the Asia Pacific region are making it the fastest-growing market in the world. Japan is one of the key countries in this region where artificial intelligence (AI) robots deployment is projected to reach new heights in the long run. Meanwhile, China and India are also predicted to offer highly lucrative opportunities for suppliers of artificial intelligence (AI) robots in the Asia Pacific region. 

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Artificial Intelligence (AI) Robots Market size was valued at USD 12 billion in 2022 and is poised to grow from USD 14.58 billion in 2023 to USD 69.24 billion by 2031, growing at a CAGR of 21.5% in the forecast period (2024-2031). 

Artificial intelligence (AI) robot companies focus on innovation and launch new products that stand out from the competition. Artificial intelligence (AI) robot manufacturers also emphasize the integration of advanced robotics and AI solutions available in the marketplace. AI robot providers also collaborate and partner with different companies to develop custom robots and specialized solutions to maximize their revenue generation going forward. 'ABB  ', 'AIBrain, Inc. ', 'International Business Machines Corporation ', 'Kawasaki ', 'Alphabet  ', 'Omron ', 'Promobot ', 'Vicarious ', 'Xilinx ', 'Blue Frog Robotics & Buddy - Emotional Robot ', 'Brain Corporation ', 'CloudMinds Technology Inc. ', 'UB Tech Robotics, Inc. ', 'Veo Robotics, Inc. ', 'Intel Corporation ', 'Mitsubishi ', 'DataRobot, Inc. ', 'Fanuc ', 'Hanson Robotics Ltd. ', 'NVIDIA Corporation'

The surging prominence of the Industry 4.0 paradigm, coupled with a growing focus on augmenting efficiency via automation, is anticipated to significantly elevate the demand for artificial intelligence (AI) robots in the forthcoming years. This trend underscores a pivotal shift towards advanced technological integration within industrial processes, fostering enhanced productivity and streamlined operations.  

Discovery of New Application Scope: Artificial intelligence (AI) robots providers need to invest in research and development to offer products that are capable of handling new applications that current robots cannot. Artificial intelligence (AI) robots companies can collaborate with companies to understand the requirements and develop new AI robots accordingly to maximize their sales.  

North America is forecasted to account for a substantial share of the artificial intelligence (AI) robots market. The presence of key robotics companies and growing adoption of robots in different industry verticals are key factors contributing to the high market share of North America. Rising use of automation and automated robots is also estimated to favor sales of artificial intelligence (AI) robots in this region, The United States and Canada are estimated to spearhead artificial intelligence (AI) robots demand outlook in the North American region through 2031 and beyond.

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Global Artificial Intelligence (AI) Robots Market

Report ID: SQMIG45J2218

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