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PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1535770

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PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1535770

Robot Market - By Product (UVC Disinfection Robot, Delivery Robot, Guide/Security Robot), By Technology (AI-powered Robots, Remote-controlled Robots, Autonomous Robots), By End User & Forecast, 2024 - 2032

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Global Robot Market will witness over 15% CAGR between 2024 and 2032 due to the increasing use of robotics in the healthcare industry. Advances in robotic technology have revolutionized various aspects of healthcare, including surgery, diagnostics, and patient care. Surgical robots, for instance, enable minimally invasive procedures with greater precision and reduced recovery times, driving their widespread adoption.

For instance, in July 2024, A 70-year-old woman made history as the first person in the United States to undergo a robot-assisted dual kidney transplant. Joanne Kukula, from Ohio, had this pioneering procedure performed at the Cleveland Clinic.

Additionally, robots are increasingly used in rehabilitation therapy, remote diagnostics, and elderly care, enhancing the efficiency and effectiveness of healthcare delivery. The integration of robotics in healthcare not only improves patient outcomes but also addresses the growing demand for personalized and precise medical interventions. As healthcare providers seek to leverage these technologies to enhance treatment capabilities and operational efficiencies, the demand for innovative robotic solutions continues to rise, significantly boosting the market for healthcare robotics. This trend reflects the broader shift towards automation and technological advancement in the medical field.

The overall Robot Market Industry is classified based on the product, technology, end-user, and region.

Based on product, the robot market revenue from the fully autonomous segment will register a commendable CAGR from 2024 to 2032. These robots, capable of performing tasks independently without human intervention, are revolutionizing industries such as manufacturing, logistics, and healthcare. Fully autonomous robots offer significant advantages, including increased operational efficiency, reduced labor costs, and enhanced precision. In manufacturing, they streamline production lines, while in logistics, they optimize inventory management and warehouse operations. The growing emphasis on automation and the need for scalable, reliable solutions propel the demand for fully autonomous robots. As technology progresses, their applications continue to expand, fueling further market growth.

In terms of end-user, the healthcare segment will witness an appreciable growth from 2024 to 2032. Robots are transforming medical procedures and patient care with their precision, efficiency, and advanced capabilities. Surgical robots enable minimally invasive surgeries with greater accuracy, reducing recovery times and improving outcomes. Additionally, robots are used in rehabilitation, diagnostics, and elderly care, enhancing the quality of healthcare services. The demand for robotics in healthcare is fueled by the need for innovative solutions that address complex medical challenges and improve operational efficiency. As healthcare continues to advance, the integration of robotics plays a crucial role in driving market expansion.

Europe robot market will exhibit a notable CAGR from 2024 to 2032. European countries are investing heavily in robotics to enhance manufacturing efficiency, improve healthcare services, and support advanced research. The demand for robots is particularly strong in sectors such as automotive, aerospace, and logistics, where automation enhances precision, productivity, and safety. Additionally, Europe's commitment to sustainability and Industry 4.0 initiatives fuels the adoption of robots that offer energy efficiency and smart capabilities. As European industries embrace these technologies, the market for robots continues to expand, reflecting the region's drive towards advanced automation solutions.

Product Code: 5127

Table of Contents

Chapter 1 Methodology & Scope

  • 1.1 Market scope & definition
  • 1.2 Base estimates & calculations
  • 1.3 Forecast calculation
  • 1.4 Data sources
    • 1.4.1 Primary
    • 1.4.2 Secondary
      • 1.4.2.1 Paid sources
      • 1.4.2.2 Public sources

Chapter 2 Executive Summary

  • 2.1 Industry 360° synopsis, 2021 - 2032

Chapter 3 Industry Insights

  • 3.1 Industry ecosystem analysis
  • 3.2 Vendor matrix
  • 3.3 Profit margin analysis
  • 3.4 Technology & innovation landscape
  • 3.5 Patent analysis
  • 3.6 Key news and initiatives
  • 3.7 Regulatory landscape
  • 3.8 Impact forces
    • 3.8.1 Growth drivers
      • 3.8.1.1 Technological advancements in AI and robotics
      • 3.8.1.2 Rising labor costs driving automation
      • 3.8.1.3 Aging population increasing demand for assistance
      • 3.8.1.4 Changing lifestyles and demands for convenience
      • 3.8.1.5 Smart home integration and connectivity
    • 3.8.2 Industry pitfalls & challenges
      • 3.8.2.1 Environmental concerns and cleaning efficiency
      • 3.8.2.2 Increasing focus on sanitization
  • 3.9 Growth potential analysis
  • 3.10 Porter's analysis
    • 3.10.1 Supplier power
    • 3.10.2 Buyer power
    • 3.10.3 Threat of new entrants
    • 3.10.4 Threat of substitutes
    • 3.10.5 Industry rivalry
  • 3.11 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

  • 4.1 Introduction
  • 4.2 Company market share analysis
  • 4.3 Competitive positioning matrix
  • 4.4 Strategic outlook matrix

Chapter 5 Market Estimates & Forecast, By Product, 2021 - 2032 (USD Million and Units)

  • 5.1 Key trends
  • 5.2 UVC disinfection robot
    • 5.2.1 Fully autonomous
    • 5.2.2 Semi-autonomous
  • 5.3 Delivery robot
  • 5.4 Guide/ security robot

Chapter 6 Market Estimates & Forecast, By Technology, 2021 - 2032 (USD Million and Units)

  • 6.1 Key trends
  • 6.2 AI-powered robots
  • 6.3 Remote-controlled robots
  • 6.4 Autonomous robots
  • 6.5 Others

Chapter 7 Market Estimates & Forecast, By End-User, 2021 - 2032 (USD Million and Units)

  • 7.1 Key trends
  • 7.2 Retail
  • 7.3 Healthcare
  • 7.4 Education & scientific research
  • 7.5 Residential
  • 7.6 Food & beverage
  • 7.7 Others

Chapter 8 Market Estimates & Forecast, By Region, 2021 - 2032 (USD Million and Units)

  • 8.1 Key trends
  • 8.2 North America
    • 8.2.1 U.S.
    • 8.2.2 Canada
  • 8.3 Europe
    • 8.3.1 UK
    • 8.3.2 Germany
    • 8.3.3 France
    • 8.3.4 Italy
    • 8.3.5 Spain
    • 8.3.6 Rest of Europe
  • 8.4 Asia Pacific
    • 8.4.1 China
    • 8.4.2 India
    • 8.4.3 Japan
    • 8.4.4 South Korea
    • 8.4.5 ANZ
    • 8.4.6 Rest of Asia Pacific
  • 8.5 Latin America
    • 8.5.1 Brazil
    • 8.5.2 Mexico
    • 8.5.3 Rest of Latin America
  • 8.6 MEA
    • 8.6.1 UAE
    • 8.6.2 South Africa
    • 8.6.3 Saudi Arabia
    • 8.6.4 Rest of MEA

Chapter 9 Company Profiles

  • 9.1 Aerovironment Inc.
  • 9.2 BAE Systems PLC
  • 9.3 Boston Dynamics Inc.
  • 9.4 Cobalt Robotics
  • 9.5 Elbit Systems Limited
  • 9.6 FLIR Systems Inc.
  • 9.7 Keenon Robotics Co., Ltd.
  • 9.8 Knight Scope Inc.
  • 9.9 Kongsberg Gruppen
  • 9.10 Leonardo SPA
  • 9.11 Lockheed Martin Corporation
  • 9.12 Northrop Grumman Corporation
  • 9.13 OTSAW
  • 9.14 Qinetiq Group PLC
  • 9.15 Recon Robotics Inc.
  • 9.16 RoboTex Inc.
  • 9.17 SMP Robotics
  • 9.18 SZ DJI Technology Co., Ltd
  • 9.19 Thales SA
  • 9.20 TMI Robotics
  • 9.21 Ubtech Robotics Corp Ltd.
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Christine Sirois

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