Quadintel has recently released a survey report focusing on the worldwide AI Robots Market. The study provides significant insights into growth strategies, prospects for business expansion, emerging trends and innovations, as well as the competitive landscape for the year 2023. Furthermore, the report includes a regional analysis encompassing North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa.
Global AI robots market to reach USD 48.91 billion by 2027. Global AI robots market is valued approximately USD 6.9 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 38.6 % over the forecast period 2021-2027.
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Artificial intelligence robots are robots controlled by a computer to perform tasks which are usually done by humans. With technological advancement AI robots are now used in various restaurants, healthcare departments and others. Installing industrial robots in the production process has helped in performing monotonous task in more effective manner and it also helps in reducing the labor cost. So, implementation of artificial intelligence serves as a key driver for the market. Another factor driving the Artificial Intelligence Robot market is increasing demand for robots that can socialize and perform tasks such as companionship, home security guard, taking care of patient. Major companies are focusing on developing a robot who can master all these tasks and expand their market and also hold their respective position in the market by introducing innovative changes in the robots.
Hanson Robotics and CereProc cooperated on Sophia, an advanced AI project, in May 2020. Sophia is the first robot to sing a duet with a human on Jimmy Fallon’s Tonight Show, utilizing CereProc’s singing TTS technology. Sophia now has an improved AI-based synthetic voice that can offer more dramatic and engaging performances in real time, as well as communicate comedy, tension, excitement, and the occasional cheeky comment, thanks to this joint AI initiative. NVIDIA will release the Jetson NanoTM 2GB Developer Kit in October 2020, which is intended for teaching and learning AI through hands-on projects in fields such as robotics and intelligent IoT. However, robots can be hacked which may lead to its misuse or data leaks. This is expected to be a challenge for the market. Also, increasing aging population worldwide boosting the demand for AI-based robots for elderly assistance is likely to increase the market growth during the forecast period.
The regional analysis of global AI robots market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to the increasing demand for AI-integrated professional service robots for medical and underwater applications. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate over the forecast period 2021-2027. Factors such as growing adoption of deep learning and NLP technologies for retail and security applications would create lucrative growth prospects for the AI robots market across Asia-Pacific region.
Key Companies Covered in the AI robots Market Research are SoftBank (Japan),, Hanson Robotics (China),, NVIDIA (US),, Intel (US),, Microsoft (US),, IBM (US),, Alphabet (US),, Harman International Industries (Samsung) (US),, Xilinx (US),, ABB (Switzerland),, FANUC (Japan),, KUKA (a subsidiary of Midea Group) (Germany),, Amazon (US),, Blue Frog Robotics (France) and other key market players.
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Offering:
Software
Hardware
By Robot Type:
Service Robots
Industrial Robots
By Deployment mode:
Cloud
On-premises
By Application:
Military & Defence
Law Enforcement
Personal Assistance and Care giving
Security and Surveillance
Public Relations
Education and Entertainment
Research and Space exploration
Industrial
Agriculture
Healthcare Assistance
Stock Management
Others
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By Technology:
Machine Learning
Computer Vision
Context Awareness
Natural Language Processing
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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Core Chapters:
Chapter 1: Introduction: This chapter outlines the scope of the report and provides an executive summary of the different market segments, including the market size, future development potential, and evolution of the market in the short to mid-term and long term.
Chapter 2: Competitive Landscape: Here, we conduct a detailed analysis of the competitive landscape of market manufacturers, including price, output, and revenue market share, latest development plans, mergers, and acquisition information.
Chapter 3: Production and Value Analysis: This chapter provides a quantitative analysis of the production/output and value of market by region/country, identifying the market size and development potential of each region in the next six years.
Chapter 4: Consumption Analysis: We analyze the consumption of market in different regions and countries, introducing the market development, future prospects, market space, and capacity of each country in the world.
Chapter 5: Product Segment Analysis: This chapter provides an analysis of various market segments according to product type, covering the market size and development potential of each market segment.
Chapter 6: Application Segment Analysis: We analyze various market segments according to application, covering the market size and development potential of each market segment.
Chapter 7: Company Profiles: This chapter provides detailed profiles of key players in the market, including product production/output, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Industrial Chain Analysis: Here, we analyze the industrial chain, including the upstream and downstream of the industry.
Chapter 9: Sales Channel Analysis: We analyze the sales channel, distributors, and customers in this chapter.
Chapter 10: Market Dynamics Analysis: This chapter introduces the market dynamics, latest developments, driving factors, restrictive factors, challenges, and risks faced by manufacturers in the industry, along with an analysis of relevant policies.
Chapter 11: Production and Supply Forecast: We provide a production and supply forecast for the global and regional market.
Chapter 12: Consumption and Demand Forecast: This chapter provides a consumption and demand forecast for the global and regional market.
Chapter 13: Type and Application Forecast: We provide a quantitative analysis of the market size and development potential of each market segment in the next six years.
Chapter 14: Conclusion: Finally, we present the main points and conclusions of the report, providing readers with a comprehensive understanding of the market and its potential growth prospects.
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