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PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1490051

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PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1490051

Artificial Intelligence Robots Market, By Offering, By Robot Type, By Technology, By Deployment Mode, By Geography

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The Artificial Intelligence (AI) robots market is estimated to be valued at US$ 15.71 Bn in 2024 and is expected to reach US$ 111.65 Bn by 2031, growing at a compound annual growth rate (CAGR) of 32.3% from 2024 to 2031.

Report Coverage Report Details
Base Year: 2023 Market Size in 2024: US$ 15.71 Bn
Historical Data for: 2019 To 2023 Forecast Period: 2024 To 2031
Forecast Period 2024 to 2031 CAGR: 32.30% 2031 Value Projection: US$ 111.65 Bn
Figure. Artificial Intelligence (AI) Robots Market Share (%), By Region, 2024
Artificial Intelligence  Robots Market - IMG1

Artificial Intelligence (AI) refers to machines that can perform cognitive functions like human beings. These include learning, problem-solving, and decision making. AI is increasingly becoming prevalent across all domains of life as technology advances. One such application of AI is in robots. AI robots are machines that are installed with AI software to enable autonomous functions like moving, grasping, detecting objects/humans, and responding to commands. the artificial intelligence (AI) robots market has seen tremendous growth in recent years. With continued progress in machine learning and deep learning, AI robots are gaining capabilities that were not possible until recently. Robots powered by AI algorithms can now navigate unfamiliar environments, maintain situational awareness and make decisions without human intervention. They are finding applications across industries like healthcare, agriculture, security, and others. Advancements in hardware like computer vision systems, sensors, and actuators coupled with AI have made robots smart, safe, and more useful than ever before.

Market Dynamics:

The artificial intelligence (AI) robots market is driven by the growing demand for automating tasks across industries. AI algorithms allow robots to operate flexibly and complete tasks autonomously without extensive programming. This has increased their adoption in warehouses for logistics and supply chain management. The healthcare sector is also increasingly deploying AI robots for assisting patients, diagnostics, surgeries, and therapeutic applications. Meanwhile, ongoing R&D is focused on enhancing AI robot capabilities, reliability, and safety, which is creating lucrative growth opportunities. However, the high upfront investment costs pose a challenge, especially for SMEs. Data privacy and security issues regarding AI also raise concerns. Nevertheless, with more affordable hardware and multi-industry collaborations, the barriers to entry are reducing at a steady pace. If handled appropriately, AI has the potential to create new jobs while automating repetitive tasks performed by humans.

Key Features of the Study:

This report provides an in-depth analysis of the artificial intelligence (AI) robots market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2024-2031), considering 2023 as the base year

It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the artificial intelligence (AI) robots market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include ABB , AIBrain, Inc., Alphabet , Argo AI, LLC, Blue Frog Robotics & Buddy - Emotional Robot, Brain Corporation, CloudMinds Technology Inc., DataRobot, Inc., Fanuc, Hanson Robotics Ltd., Harman International Industries, IBM Corporation, Intel Corporation, International Business Machines Corporation, Kawasaki, Microsoft Corporation, Mitsubishi, Neurala, Inc., NVIDIA Corporation, Omron, Promobot, SoftBank Corp., UB Tech Robotics, Inc., Veo Robotics, Inc., Vicarious, Xilinx, and

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

The artificial intelligence (AI) robots market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global AI robot market

Market Segmentation

  • By Offering
    • Software
    • Hardware
    • Services
  • By Robot Type
    • Service Robots
    • Industrial Robots
    • Others
  • By Technology
    • Machine Learning
    • Computer Vision
    • Context Awareness
    • Natural Language Processing
  • By Deployment Mode
    • Cloud
    • On-premises
  • By Regional
    • North America
    • Latin America
    • Europe
    • Asia Pacific
    • Middle East & Africa
  • Key Players
    • ABB
    • AIBrain, Inc.
    • Alphabet
    • Argo AI, LLC
    • Blue Frog Robotics & Buddy - Emotional Robot
    • Brain Corporation
    • CloudMinds Technology Inc.
    • DataRobot, Inc.
    • Fanuc
    • Hanson Robotics Ltd.
    • Harman International Industries
    • IBM Corporation
    • Intel Corporation
    • International Business Machines Corporation
    • Kawasaki
    • Microsoft Corporation
    • Mitsubishi
    • Neurala, Inc.
    • NVIDIA Corporation
    • Omron
    • Promobot
    • SoftBank Corp.
    • UB Tech Robotics, Inc.
    • Veo Robotics, Inc.
    • Vicarious
    • Xilinx
    • Yaskawa
Product Code: CMI6944

Table of Contents

1. Research Objectives and Assumptions

  • Research Objectives
  • Assumptions
  • Abbreviations

2. Market Purview

  • Report Description
    • Market Definition and Scope
  • Executive Summary
    • Market Snippet, By Offering
    • Market Snippet, By Robot Type
    • Market Snippet, By Technology
    • Market Snippet, By Deployment Mode
    • Market Snippet, By Region
  • Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restraints
    • Opportunities
  • Regulatory Scenario
  • Industry Trend
  • Merger and Acquisitions
  • New System Launches/Approvals
  • Impact of the COVID-19 Pandemic

4. Global Artificial Intelligence (AI) Robots Market, By Offering, 2019-2031, (US$ Billion)

  • Introduction
    • Market Share Analysis, 2024 and 2031 (%)
    • Y-o-Y Growth Analysis, 2020-2031
    • Segment Trends
  • Software
    • Introduction
    • Market Size and Forecast, 2019-2031, (US$ Billion)
  • Hardware
    • Introduction
    • Market Size and Forecast, 2019-2031, (US$ Billion)
  • Services
    • Introduction
    • Market Size and Forecast, 2019-2031, (US$ Billion)

5. Global Artificial Intelligence (AI) Robots Market, By Robot Type, 2019-2031, (US$ Billion)

  • Introduction
    • Market Share Analysis, 2024 and 2031 (%)
    • Y-o-Y Growth Analysis, 2020-2031
    • Segment Trends
  • Service Robots
    • Introduction
    • Market Size and Forecast, 2019-2031, (US$ Billion)
  • Industrial Robots
    • Introduction
    • Market Size and Forecast, 2019-2031, (US$ Billion)
  • Others
    • Introduction
    • Market Size and Forecast, 2019-2031, (US$ Billion)

6. Global Artificial Intelligence (AI) Robots Market, By Technology, 2019-2031, (US$ Billion)

  • Introduction
    • Market Share Analysis, 2024 and 2031 (%)
    • Y-o-Y Growth Analysis, 2020-2031
    • Segment Trends
  • Machine Learning
    • Introduction
    • Market Size and Forecast, 2019-2031, (US$ Billion)
  • Computer Vision
    • Introduction
    • Market Size and Forecast, 2019-2031, (US$ Billion)
  • Context Awareness
    • Introduction
    • Market Size and Forecast, 2019-2031, (US$ Billion)
  • Natural Language Processing
    • Introduction
    • Market Size and Forecast, 2019-2031, (US$ Billion)

7. Global Artificial Intelligence (AI) Robots Market, By Deployment Mode, 2019-2031, (US$ Billion)

  • Introduction
    • Market Share Analysis, 2024 and 2031 (%)
    • Y-o-Y Growth Analysis, 2020-2031
    • Segment Trends
  • Cloud
    • Introduction
    • Market Size and Forecast, 2019-2031, (US$ Billion)
  • On-premises
    • Introduction
    • Market Size and Forecast, 2019-2031, (US$ Billion)

8. Global Artificial Intelligence (AI) Robots Market, By Region, 2019-2031, (US$ Billion)

  • Introduction
    • Market Share Analysis, By Region, 2024 and 2031 (%)
    • Y-o-Y Growth Analysis, 2020-2031
  • North America
    • Regional Trends
    • Market Size and Forecast, By Offering, 2019-2031, (US$ Billion)
    • Market Size and Forecast, By Vehicle Type, 2019-2031, (US$ Billion)
    • Market Size and Forecast, By Sales Channel, 2019-2031, (US$ Billion)
    • Market Size and Forecast, By Deployment Mode, 2019-2031, (US$ Billion)
    • Market Size and Forecast, By Country, 2019-2031, (US$ Billion)
      • U.S.
      • Canada
      • Europe
    • Regional Trends
    • Market Size and Forecast, By Offering, 2019-2031, (US$ Billion)
    • Market Size and Forecast, By Vehicle Type, 2019-2031, (US$ Billion)
    • Market Size and Forecast, By Sales Channel, 2019-2031, (US$ Billion)
    • Market Size and Forecast, By Deployment Mode, 2019-2031, (US$ Billion)
    • Market Size and Forecast, By Country, 2019-2031, (US$ Billion)
      • U.K.
      • Germany
      • Italy
      • France
      • Russia
      • Rest of Europe
      • Asia Pacific
    • Regional Trends
    • Market Size and Forecast, By Offering, 2019-2031, (US$ Billion)
    • Market Size and Forecast, By Vehicle Type, 2019-2031, (US$ Billion)
    • Market Size and Forecast, By Sales Channel, 2019-2031, (US$ Billion)
    • Market Size and Forecast, By Deployment Mode, 2019-2031, (US$ Billion)
    • Market Size and Forecast, By Country, 2019-2031, (US$ Billion)
      • China
      • India
      • ASEAN
      • Australia
      • South Korea
      • Japan
      • Rest of Asia Pacific
      • Latin America
    • Regional Trends
    • Market Size and Forecast, By Components, 2019-2031, (US$ Billion)
    • Market Size and Forecast, By Vehicle Type, 2019-2031, (US$ Billion)
    • Market Size and Forecast, By Sales Channel, 2019-2031, (US$ Billion)
    • Market Size and Forecast, By Deployment Mode, 2019-2031, (US$ Billion)
    • Market Size and Forecast, By Country, 2019-2031, (US$ Billion)
      • Brazil
      • Argentina
      • Mexico
      • Rest of Latin America
      • Middle East & Africa
    • Regional Trends
    • Market Size and Forecast, By Components, 2019-2031, (US$ Billion)
    • Market Size and Forecast, By Vehicle Type, 2019-2031, (US$ Billion)
    • Market Size and Forecast, By Sales Channel, 2019-2031, (US$ Billion)
    • Market Size and Forecast, By Deployment Mode, 2019-2031, (US$ Billion)
    • Market Size and Forecast, By Country, 2019-2031, (US$ Billion)
      • GCC Countries
      • South Africa
      • Rest of the Middle East & Africa

9. Competitive Landscape

  • Company Profiles
    • ABB
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments/Updates
    • AIBrain, Inc.
    • Alphabet
    • Argo AI, LLC
    • Blue Frog Robotics & Buddy - Emotional Robot
    • Brain Corporation
    • CloudMinds Technology Inc.
    • DataRobot, Inc.
    • Fanuc
    • Hanson Robotics Ltd.
    • Harman International Industries
    • IBM Corporation
    • Intel Corporation
    • International Business Machines Corporation
    • Kawasaki
    • Microsoft Corporation
    • Mitsubishi
    • Neurala, Inc.
    • NVIDIA Corporation
    • Omron
    • Promobot
    • SoftBank Corp.
    • UB Tech Robotics, Inc.
    • Veo Robotics, Inc.
    • Vicarious
    • Xilinx
    • Yaskawa

10. Analyst Recommendations

  • Wheel of Fortune
  • Analyst View
  • Coherent Opportunity Map

11. Research Methodology

  • References
  • Research Methodology
  • About us and Sales Contact
Have a question?
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Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

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Christine Sirois

Manager - Americas

+1-860-674-8796

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