What is AI in robotics?

AI in robotics involves the integration of artificial intelligence technologies, such as machine learning and computer vision, into robotic systems to enable them to perceive, learn, and adapt to their environment, perform tasks autonomously, and interact intelligently with humans and other machines.

How big is AI in Robotics Market?

The Global AI in Robotics Market size is expected to be worth around USD 146.8 Billion by 2033, from USD 12.3 Billion in 2023, growing at a CAGR of 28.12% during the forecast period from 2024 to 2033.

Who are the key players of AI in Robotics market?

Veo Robotics Inc., NVIDIA Corporation, IBM Corporation , Brain Corporation, Vicarious Inc., Neurala Inc., Microsoft, Hanson Robotics, ABB Ltd, Intel Corporation , Blue Frog Robotics, Promobot , Other Key Players

What is the driving factor of AI in Robotics market growth?

The driving factor is the demand for automation and efficiency across industries, as AI enables robots to perform tasks autonomously, adapt to changing environments, and collaborate with humans, leading to increased productivity, reduced costs, and improved operational flexibility.

Which region is leading the AI in Robotics market?

In 2023, North America held a dominant market position in the AI in robotics sector, capturing more than a 41% share.

What are the challenges associated with AI in Robotics?

Challenges include ensuring the safety and reliability of AI-driven robotic systems, addressing ethical concerns surrounding job displacement and human-robot interaction, integrating AI with existing infrastructure and workflows, overcoming technical limitations in hardware and software, and navigating regulatory complexities and standards.

What are some notable trends in AI-powered robotics?

Notable trends include the convergence of AI with robotics and other emerging technologies such as IoT, edge computing, and 5G connectivity, the rise of collaborative robots (cobots) that work alongside humans in shared workspaces, the development of AI-driven robotic platforms for research and experimentation, and the integration of AI with robotic exoskeletons and prosthetics for enhanced human augmentation.

Global AI in Robotics Market By Offering (Software, Hardware), By Robot Type (Service Robot, Industrial Robot), By Technology (Machine Learning, NLP, Computer Vision, Context Awareness), By End-use Industry (Automotive, Retail & E-commerce, Healthcare, Food & Beverage, Military & Defense, Other End-user Industries), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2024-2033

Published date: April 2024
Report ID: 118623
Number of Pages: 366
Format:

- Veo Robotics Inc.
- NVIDIA Corporation
- IBM Corporation
- Brain Corporation
- Vicarious Inc.
- Neurala Inc.
- Microsoft Corporation Company Profile
- Hanson Robotics
- ABB Ltd Company Profile
- Intel Corporation
- Blue Frog Robotics
- Promobot
- Other Key Players
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