Artificial Intelligence Robots : Global Market Intelligence ( 2023-2030 )

REPORT OBJECTIVES

The report" Artificial Intelligence Robots : Global Market Intelligence ( 2023-2030 )" provides market intelligence on the different market segments, based on Robot Type, Offering, Technology, Application, Region, Company etc. Market size and forecast (2020-2030) has been provided in the report. The primary objectives of this report are to provide 1) comprehensive global market intelligence through detailed segmentation, 2) market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends, 3) detailed analysis of current dynamics and trends, key market players, and strategies in the market, 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants, 5) provide emerging opportunities in the market and the future impact of major drivers and restraints of the market and, 6) support decision makers in making cost-effective business decisions.

RESEARCH METHODOLOGY

In our market size and forecast determination efforts, an extensive secondary research was initially completed to gain a good perspective of the market in each region. Extensive primary research was also carried out by interviewing the key executives from the industry. These interviews helped us to fill-in the data gaps after secondary research. Several secondary sources such as encyclopedia, directories, and databases have been used to identify and collect information useful for this extensive techno-commercial study. The respondents - selected experts from manufacturers and selected suppliers - have been interviewed to obtain and verify critical information as well as to assess the future prospects. The usage of obtained information is based on the perceived reliability by the research team. In many cases, a combination of several sources was used. Sprout Intelligence provides an in-depth analysis of the market segmentation, which is a critical element of the market intelligence reports at Sprout Intelligence.

KEY AUDIENCE

Executives in marketing, strategic planning and new product development will find such discussions in our reports pertinent and useful. Management consultants, investment bankers, manufacturers, distributors, suppliers, and regulatory authorities are amongst our regular clientele served.

DATA SOURCES

The general data sources used in this report are company websites, trade association publications, regulatory authorities, journals, magazines, news websites, press releases, media publications, interaction with industry experts, company executives, research papers, articles, patents, scientific literature, among many others.

KEY FINDINGS FROM THE REPORT

The Artificial Intelligence Robots market was valued at $3,947.6 Million in 2020, and is projected to reach $36,829.3 Million by 2030 growing at a CAGR of 28.31% from 2021 to 2030.

Service Robots segment is expected to be the highest contributor to this market, with $3,066.0 Million in 2020, and is anticipated to reach $28,219.6 Million by 2030, registering a CAGR of 28.12%.

Industrial Robots segment is anticipated to reach $8,609.7 Million by 2030 with the highest CAGR of 28.96%.

The global artificial intelligence robots market is being primarily driven by the increasing demand for automation and efficiency in industries such as manufacturing, healthcare, and logistics.

Companies are adopting AI robots to streamline processes, reduce operational costs, and improve productivity.

Additionally, advancements in machine learning and computer vision technologies are fueling the growth of AI robots, enabling them to perform complex tasks with precision.

In this evolving landscape, there are significant opportunities for AI robot manufacturers to expand their market presence.

One notable opportunity lies in the healthcare sector, where AI robots can be deployed for tasks like patient care and surgery assistance, especially in the wake of the COVID-19 pandemic.

Furthermore, the potential for AI robots to enhance customer service in retail and hospitality sectors, as well as the growing interest in AI-driven personal assistants, opens up avenues for innovation and market growth.

By capitalizing on these opportunities, companies can tap into the expanding AI robot market and secure a competitive edge..