Artificial Intelligence in Robots Market is expected to grow from USD 3.60 Billion in 2018 to USD XX Billion by 2026, at a CAGR of XX % between 2019 and 2026.
Artificial Intelligence is nothing but a machine which mimics human cognition so as to achieve the successful results. Artificial intelligence in robots can sort the information and provide the best possible options for operation, which would be impossible for a human being to perform. It is the ability of a machine to think, learn and respond.
Key factors driving the growth of the Artificial Intelligence in Robots Market include ageing population, High adoption of robots for personal use, such as companionship and entertainment; increase in capital investments by robot companies, personalization services trends, robot mobility, and rising adoption of cloud-based applications and services in the robot industry support from governments worldwide to develop modern technologies; and financial assistance through government budgets or subsidies. The development of software to handle robots by using sensors and make them AI-embedded is a difficult task and is one of the major factors restraining the growth of the AI robots market.
Service robots are expected to hold the major share and grow at a high rate during the forecast period. Robotics in business will accelerate due to less expensive hardware and improvements in AI lead to improved cost structures and increased integration with enterprise software systems respectively.
Use of Artificial Intelligence in robotics will generate the huge amount of data, thus creating opportunities for data analytics and AI-enabled decision support systems. Robotics as a Service, Cloud Robotics, and General Purpose Robotics is among the emerging areas for enterprise robotics.
APAC is expected to hold the largest share and is expected to grow at the highest rate in Artificial Intelligence in Robots Market during the forecast period, owing to the fact that countries such as China, Japan, India, and the Republic of Korea contribute to the growth of the AI robots market in APAC.
Key Highlights:
• The report analyzes opportunities in the market for stakeholders by identifying the high-growth segments of the Artificial Intelligence in Robots Market, strategically profiles key market players, and comprehensively analyzes their market size and core competencies in each segment
• Complete analysis with respect to individual growth trends are incorporated within the scope of our study
• Assessment of market definition along with the identification of key drivers, restraints opportunities for Artificial Intelligence in Robots Market
• Comprehensive analysis of factors that are instrumental in changing the market scenario, prospective opportunities, market shares, growth strategies along with identification of key companies are profiled
• Detailed quantitative analysis of the current and future trends for the forecast period has been profiled
• Artificial Intelligence in Robots Market analysis and segmentation with respect to the offering, type, end-user application and geography
• Artificial Intelligence in Robots Market analysis and forecast for five major geographies- North America, Europe, Asia Pacific, Middle East & Africa and Latin America along with their key regions
Research Methodology:
Bloomberg, Hoovers, Factiva are some of the sites that are being referred to gain insights about Artificial Intelligence in Robots Market. Experts from top manufacturing companies along with other stakeholders have been considered. This is done to validate and collect critical information for evaluating trends related to Artificial Intelligence in Robots Market during the forecast period. Top-down and bottom-up approaches have been used to estimate the global and regional size of Artificial Intelligence in Robots Market. Data triangulation techniques along with other comparative analysis are also used to calculate the exact size of the Artificial Intelligence in Robots Market globally.
Key Players in the Artificial Intelligence in Robots Market Are:
• Hanson Robotics
• Softbank
• Nvidia
• Microsoft
• Intel
• IBM
• Harman International Industries
• Alphabet
• Xilinx
• ABB
• Fanuc
• Amazon
• Promobot
• Blue Frog Robotics
• LG
• Asustek Computer
• Mayfield Robotics
• Bsh Hausgeräte
Key Target Audience:
• Original equipment manufacturers (OEMs)
• Analysts and strategic business planners
• Technology investors
• OEM technology solution providers
• End-users/enterprise-users
• Research institutes and organizations
• Market research and consulting firms
• Enterprise data center professionals
Scope of the report:
Research report categorizes the Artificial Intelligence in Robots Market based on product type, application and geography (region wise). Market size by value is estimated and forecasted with the revenues of leading companies operating in the Artificial Intelligence in Robots Market with key developments in companies and market trends.
Artificial Intelligence in Robots Market, By Offering:
• Hardware
• Software
Artificial Intelligence in Robots Market, By Robot Type:
• Industrial Robots
• Service Robots
Artificial Intelligence in Robots Market, by Technology:
• Machine Learning
• Context Awareness
• Computer Vision
• Natural Language Processing
Artificial Intelligence in Robots Market, By Application:
• Law Enforcement
• Military & Defense
• Public Relations
• Personal Assistance and Caregiving
• Education and Entertainment
• Agriculture
• Research and Space Exploration
Artificial Intelligence in Robots Market, By Geography:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
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Global AI Robots Market OverviewIn its research report, Market Research Future (MRFR), emphasizes that the global AI Robots Market 2020 is expected to grow exponentially, securing a substantial market valuation from USD 2.96 billion in 2017 to USD 12.01 billion by 2023, and a healthy 28.24% CAGR over the review period.
The research report offers information on Artificial Intelligence (AI) robots market Size, share, trends and development, growth drivers, technologies, and the changing investment structure of industry.Drivers and RestraintsDriven by the secure consumer base and government support, the AI robot market is expected to make smooth progress in the coming years.
AI robots are the pinnacle of what is technologically feasible in the field of robotics and are being used in increasingly diverse applications.
AI robots are incredibly diverse in applicability and are becoming increasingly diversified as new technologies are discovered continuously.
The development of AI robots for the assistance of the differently-abled and geriatrics is likely to be a significant avenue for the global AI robot market over the forecast period.Get Free Sample Copy at: https://www.marketresearchfuture.com/sample_request/6684Although the use of AI robots for companionship and entertainment has caught the imagination of the public, the enormous utility of AI robots means that they are more likely to be put to practical use in the coming years, with geriatric treatment and supporting the otherwise-abled likely to be manage to the top of the list.
Through the introduction of AI robotics, the healthcare sector will receive a tremendous boost, as the robots' simple programmability will reduce the burden on the primary caregiver and ensure continuity in healthcare delivery.On the other hand, the lack of a consistent set of AI robot standards could hamper the growth of the market for AI robots in the coming years.
