Global Smart Robot Market

Smart Robot Market Size, Share, Growth Analysis, By Component(Hardware (Sensor, Actuator, Power Source, Control System)), By Type(Industrial Robotics (Automotive Industry Robotics, Chemical Industry Robotics, Electric/Electronic Industry Robotics, Food Industry Robotics), By Purpose(Domestic Purpose (Education & Entertainment, Companionship, and Others), Professional Purpose (Military & Defence), By End-User(Automotive, Logistics & Transportation, Agriculture, Chemical), By Region - Industry Forecast 2024-2031


Report ID: SQMIG45I2129 | Region: Global | Published Date: June, 2024
Pages: 234 | Tables: 134 | Figures: 77

Smart Robot Market Competitive Landscape

Key players are developing application-oriented and industry-specific robots to help the industry. The manufacturers in the global market are always working on producing purpose-built robots that can solve a certain problem or have a specific market application. Industry-specific application-oriented robot development assists important firms in maintaining market dominance. Successful businesses are forming strategic alliances and relationships with vendors that have already built the essential technology solutions. Several significant players are developing their robotics business network throughout developed economies. Businesses are introducing feature- and application-specific goods in order to diversify their product portfolio and increase their competitiveness.

Smart Robot Market Top Player's Company Profiles

  • ABB Ltd.
  • Amazon Robotics
  • Blue River Technology
  • Boston Dynamics
  • Fanuc Corporation
  • Hanson Robotics
  • Honda Motor Co. Ltd.
  • iRobot Corporation
  • Kuka AG
  • LG Electronics Inc.
  • Nachi-Fujikoshi Corporation
  • Omron Corporation
  • Rethink Robotics
  • Samsung Electronics Co. Ltd.
  • SoftBank Robotics Group Corp.
  • Sony Corporation
  • Universal Robots A/S
  • Yaskawa Electric Corporation
  • Yamaha Corporation
  • ZMP Inc.

Smart Robot Market

$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Global Smart Robots Market size was valued at USD 10.3 Billion in 2022 and is poised to grow from USD 13.5 Billion in 2023 to USD 51.2 Billion by 2031, at a CAGR of 16.4% during the forecast period (2024-2031).

Key players are developing application-oriented and industry-specific robots to help the industry. The manufacturers in the global market are always working on producing purpose-built robots that can solve a certain problem or have a specific market application. Industry-specific application-oriented robot development assists important firms in maintaining market dominance. Successful businesses are forming strategic alliances and relationships with vendors that have already built the essential technology solutions. Several significant players are developing their robotics business network throughout developed economies. Businesses are introducing feature- and application-specific goods in order to diversify their product portfolio and increase their competitiveness. 'ABB Ltd.', 'Amazon Robotics', 'Blue River Technology', 'Boston Dynamics', 'Fanuc Corporation', 'Hanson Robotics', 'Honda Motor Co. Ltd.', 'iRobot Corporation', 'Kuka AG', 'LG Electronics Inc.', 'Nachi-Fujikoshi Corporation', 'Omron Corporation', 'Rethink Robotics', 'Samsung Electronics Co. Ltd.', 'SoftBank Robotics Group Corp.', 'Sony Corporation', 'Universal Robots A/S', 'Yaskawa Electric Corporation', 'Yamaha Corporation', 'ZMP Inc.'

Non-industrial robots have the potential to be market catalysts when developers and engineers adapt robotics technology to new application areas. Healthcare is expected to be the fastest expanding industry, with robots already playing an important part in less invasive surgery.Robots are now used in the healthcare industry for minor operations such as urology and gynaecology, but may be used for more difficult medical procedures in the near future. Agriculture is another emerging field for robotics use, owing to a manpower scarcity and rising expenses.

Service-Enabled Robotics to Gain Traction: One of the key reasons for the need for smart robots is that they can do repetitive and less ergonomic tasks, allowing for easy information sharing and enhancing product quality and efficiency.

In terms of revenue, Asia Pacific was leading the global market in 2022. China and South Korea are the world's leaders in robot adoption and production. The enormous development of robotic technology in China and South Korea is a major driver driving significant market growth in the Asia-Pacific.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Global Smart Robot Market

Product ID: SQMIG45I2129

$5,300
BUY NOW GET FREE SAMPLE