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Pulished Date July, 2021
ID: 11840
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Artificial Intelligence (AI) Robots Market - Segmented By Robot Type (Service Robots, Industrial Robots, Parallel Robots, Cartesian Robots, And Articulated Robots), By Technology (Natural Language Processing, Machine Learning, Computer Vision And Context Awareness), By Offering (Software And Hardware), By End User Industry ( Personal Assistance And Caregiving, Military And Defense, Public Relations, Law Enforcement, Education And Entertainment, Research And Space Exploration, Agriculture, Healthcare Assistance, Stock Management, Industrial) And By Geography (Asia Pacific Region, North America Region, And Europe Region) – Forecast (2021-2026)

Pulished: July, 2021
ID: 11840
Pages: 150

Artificial Intelligence (AI) Robots Market Size & Growth (2021-2026)

The Artificial Intelligence (AI) Robots Market was worth US$ 3.24 billion in the year 2021, and it is estimated to reach a valuation of US$ 23.92 billion by the end of 2026, expanding at an annual growth rate of 28.41% between 2021 and 2026. The rising support from the governments worldwide to develop the modern technologies is a factor that is expected to lead the Artificial Intelligence (AI) Robots market during the forecast period.

Now a days, traditional robotics uses Artificial Intelligence planning techniques to program the robot behaviours and also works towards robots as technical devices that have to be developed and controlled by a human engineer whereas these Artificial Intelligence concepts are being applied to humanoid, mobile and other classes of robots. The creation of wise and smart machines that work, respond and react like people is known as Artificial Intelligence.

Drivers

High adoption of robots for personal use such as companionship and entertainment is expected to play an essential role in the growth of market of Artificial Intelligence (AI) Robots across the globe. Another factor such as increasing of support from the governments across the world to develop the modern technologies which influence the growth of Artificial Intelligence (AI) Robots market during the forecast period. Financial assistance through the government budgets or the subsidies, increased demands for productivity and performance of robots which are coupled with proliferated growing use of robotics in various industries are some of the major driving factors which promotes the growth of the revenue rate of Artificial Intelligence (AI) Robots market during the forecast period. High penetration levels of e commerce giants such as Amazon, Walmart, Alibaba in combination with the advent of big data analytics tools, organizations are looking for cheaper and more efficient work given that labour costs particularly in highly specialized fields are some of the major driving factors which promotes the growth of the market of Artificial Intelligence (AI) Robots during the forecast period.

Restraints

The development of software to handle robots by using sensors and make them AI embedded is one of the important barriers to market growth. Also, errors and vulnerabilities which are likely to lurk resulting in potential fatalities acts as an important deterrent to the growth of the Artificial Intelligence (AI) Robots market. The acceptance rate of technologically advanced robots is slow which acts as a restraint factor of the growth of AI robots market.

Market Segmentation

The Artificial Intelligence (AI) Robots market is segmented based on robot type, based on technology, based on offering and based on end user industry.

Based on robot type, the Artificial Intelligence (AI) Robots Market is divided into service robots, Industrial robots, parallel robots, Cartesian robots, articulated robots, and others. The service robots segment held the prominent share due to increasing adoption of these robots for personal use such as companionship and entertainment and this segment is predicted to hold the dominance throughout the forecast period.

By technology, the Artificial Intelligence (AI) Robots Market is divided into natural language processing, machine learning, and computer vision and context awareness. The machine learning segment holds the major share of the market and this region is expected to hold the dominance during the forecast period as it enables the robots to analyse and also learn from different working environment thereby making the robots safer and efficient.

By offering, the Artificial Intelligence (AI) Robots Market is divided into hardware and software. The hardware segment is further bifurcated into network devices, storage devices and processors. Among the other, the software segment held prominent share of the market since the software integrated into an artificial intelligence system is responsible for carrying out complex operations and also provide the learning capabilities which results in larger size of the market.

By end user industry, the Artificial Intelligence (AI) Robots Market is divided into personal assistance and caregiving, military and defence, public relations, law enforcement, education and entertainment, research and space exploration, agriculture, healthcare assistance, stock management, industrial and other end user industries. Among these segments, the military and defence applications segment holds the major share of the market due to the increasing necessity for the development of innovative and cost effective robots to accomplish the military missions.

Regional Analysis

On the basis of region, the Artificial Intelligence (AI) Robots market is segmented into North America region, Asia Pacific region, Europe region, Latin America region and Middle East and Africa region.

Asia Pacific region hold the prominent share of the market due to the factors such as the increasing adoption of deep learning and NLP technologies for the retail and security applications, increasing of investments in the region especially in some of the countries such as India and China propels the growth of the market. The Asia Pacific region is expected to hold the dominance during the forecast period.

North America region is expected to increase the market value due to the increasing of support from the governments across the world to develop the modern technologies. Furthermore, the strategic collaborations and partnership of key players in the region helps the growth of the market.

Europe region is also expected to increase the market growth followed by Asia Pacific region and North America region.

Key Players

Key market participants of Artificial Intelligence (AI) Robots market are Zebra Medical Vision, Inc., Baidu, Inc., General Vision, Enlitic, Inc., Next IT Corporation, iCarbonX, Amazon Web Services Inc., Apple Inc., Facebook Inc., Siemens, General Electric, Welltok, Inc., Intel Corporation, Nvidia Corporation, Google Inc., IBM, Microsoft Corporation, Micron Technology, Samsung, Xillinx, Iteris, Atomwise, Inc., Lifegraph, Sense.ly, Inc., H2O ai, Enlitic, Inc. and Raven Industries

Impact of COVID 19 in Artificial Intelligence (AI) Robots Market

Almost all the industries has severely affected and because of the lockdown enforcements, restrictions on movements of non-essential goods as well as the resources in various countries across the globe has disrupted the supply chain of electronic components and networking equipment which has led the delay of electronic components which are required in manufacturing of the network equipment due to the COVID 19 pandemic. The market of AI in robots has not that much affected but there is a slight reduce in growth due to the pandemic but as per the analysis from the industry experts, the market will have a good growth rate in the future.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                 

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods                           

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling     

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                        

                                4.1.1 Drivers      

                                4.1.2 Restaints 

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market share analysis         

                                5.1.2 Products/Service 

                                5.1.3 Regional Presence

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 Artificial Intelligence (AI) Robots Market, By Robot Type                         

                                6.1.1 service robots        

                                6.1.2 Industrial robots   

                                6.1.3 parallel robots       

                                6.1.4 Cartesian robots   

                                6.1.5 articulated robots

                                6.1.6 Market Size Estimations & Forecasts (2021-2026)   

                                6.1.7 Y-o-Y Growth Rate Analysis              

                                6.1.8 Market Attractiveness Index           

                6.2 Artificial Intelligence (AI) Robots Market, By technology                         

                                6.2.1 natural language processing            

                                6.2.2 machine learning 

                                6.2.3 computer vision    

                                6.2.4 context awareness              

                                6.2.5 Market Size Estimations & Forecasts (2021-2026)   

                                6.2.6 Y-o-Y Growth Rate Analysis              

                                6.2.7 Market Attractiveness Index           

                6.3 Artificial Intelligence (AI) Robots Market, By offering                                

                                6.3.1 software  

                                6.3.2 hardware

                                6.3.3 Market Size Estimations & Forecasts (2021-2026)   

                                6.3.4 Y-o-Y Growth Rate Analysis              

                                6.3.5 Market Attractiveness Index           

                6.4 Artificial Intelligence (AI) Robots Market, By end user industry                             

                                6.4.1 personal assistance and caregiving

                                6.4.2 military and defense          

                                6.4.3 public relations     

                                6.4.4 law enforcement 

                                6.4.5 education and entertainment        

                                6.4.6 research and space exploration     

                                6.4.7 agriculture              

                                6.4.8 healthcare assistance         

                                6.4.9 stock management             

                                6.4.10 industrial               

                                6.4.11 Market Size Estimations & Forecasts (2021-2026) 

                                6.4.12 Y-o-Y Growth Rate Analysis           

                                6.4.13 Market Attractiveness Index        

7. Geographical Landscape                                         

                7.1 Global Identity Governance and Administration Market, by Region                    

                7.2 North America - Market Analysis (2018 - 2024)                            

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By Robot Type       

                                7.2.3 By technology        

                                7.2.4 By offering              

                                7.2.5 By end user industry           

                7.3 Europe                         

                                7.3.1 By Country              

                                                7.3.1.1 UK

                                                7.3.1.2 France

                                                7.3.1.3 Germany

                                                7.3.1.4 Spain

                                                7.3.1.5 Italy

                                                7.3.1.6 Rest of Europe

                                7.3.2 By Robot Type       

                                7.3.3 By technology        

                                7.3.4 By offering              

                                7.3.5 By end user industry           

                7.4 Asia Pacific                  

                                7.4.1 By Country              

                                                7.4.1.1 China

                                                7.4.1.2 India

                                                7.4.1.3 Japan

                                                7.4.1.4 South Korea

                                                7.4.1.5 South East Asia

                                                7.4.1.6 Australia & NZ

                                                7.4.1.7 Rest of Asia-Pacific

                                7.4.2 By Robot Type       

                                7.4.3 By technology        

                                7.4.4 By offering              

                                7.4.5 By end user industry           

                7.5 Latin America                            

                                7.5.1 By Country              

                                                7.5.1.1 Brazil

                                                7.5.1.2 Argentina

                                                7.5.1.3 Mexico

                                                7.5.1.4 Rest of Latin America

                                7.5.2 By Robot Type       

                                7.5.3 By technology        

                                7.5.4 By offering              

                                7.5.5 By end user industry           

                7.6 Middle East and Africa                           

                                7.6.1 By Country              

                                                7.6.1.1 Middle East

                                                7.6.1.2 Africa

                                7.6.2 By Robot Type       

                                7.6.3 By technology        

                                7.6.4 By offering              

                                7.6.5 By end user industry           

8. Key Player Analysis                                    

                8.1 Zebra Medical Vision, Inc                      

                                8.1.1 Business Description           

                                8.1.2 Products/Service 

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis      

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 Baidu, Inc                    

                8.3 General Vision                          

                8.4 Enlitic, Inc.                  

                8.5 Next IT Corporation                

                8.6 iCarbonX                     

                8.7 Amazon Web Services Inc                     

                8.8 Apple Inc                     

                8.9 Facebook Inc                             

                8.10 Siemens                    

9. Market Outlook & Investment Opportunities                                 

Appendix                                           

                List of Tables                     

                List of Figures                   

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped.
  • Segment-level analysis in terms of robot type, technology, offering, end user along with market size forecasts and estimations to detect key areas of industry growth in detail.
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics.
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis.
  • Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development.
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment.
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies.
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions.
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market.
  1. Global Artificial Intelligence (AI) Robots Market By Region, From 2021-2026 ( USD Billion )
  2. Global Artificial Intelligence (AI) Robots Market By Robot Type, From 2021-2026 ( USD Billion )
  3. Global service robots Market By Region, From 2021-2026 ( USD Billion )
  4. Global Industrial robots Market By Region, From 2021-2026 ( USD Billion )
  5. Global parallel robots Market By Region, From 2021-2026 ( USD Billion )
  6. Global Cartesian robots Market By Region, From 2021-2026 ( USD Billion )
  7. Global articulated robots Market By Region, From 2021-2026 ( USD Billion )
  8. Global Artificial Intelligence (AI) Robots Market By technology , From 2021-2026 ( USD Billion )
  9. Global natural language processing Market By Region, From 2021-2026 ( USD Billion )
  10. Global machine learning Market By Region, From 2021-2026 ( USD Billion )
  11. Global computer vision Market By Region, From 2021-2026 ( USD Billion )
  12. Global context awareness Market By Region, From 2021-2026 ( USD Billion )
  13. Global Artificial Intelligence (AI) Robots Market By offering , From 2021-2026 ( USD Billion )
  14. Global software  Market By Region, From 2021-2026 ( USD Billion )
  15. Global hardware Market By Region, From 2021-2026 ( USD Billion )
  16. Global Artificial Intelligence (AI) Robots Market By end user industry, From 2021-2026 ( USD Billion )
  17. Global personal assistance and caregiving Market By Region, From 2021-2026 ( USD Billion )
  18. Global military and defense Market By Region, From 2021-2026 ( USD Billion )
  19. Global public relations Market By Region, From 2021-2026 ( USD Billion )
  20. Global law enforcement Market By Region, From 2021-2026 ( USD Billion )
  21. Global education and entertainment Market By Region, From 2021-2026 ( USD Billion )
  22. Global research and space exploration Market By Region, From 2021-2026 ( USD Billion )
  23. Global agriculture Market By Region, From 2021-2026 ( USD Billion )
  24. Global healthcare assistance Market By Region, From 2021-2026 ( USD Billion )
  25. Global stock management Market By Region, From 2021-2026 ( USD Billion )
  26. Global industrial Market By Region, From 2021-2026 ( USD Billion )

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