Artificial Intelligence Robots Market Size to Grow by USD 19157.78 Million From 2022 to 2027, Assessment on Parent Market, Five Forces Analysis, Market Dynamics & Segmentation - Technavio

NEW YORK, Nov. 16, 2022 /PRNewswire/ -- The Global Artificial Intelligence Robots Market share is set to increase by USD 19157.78 million from 2022 to 2027. Moreover, the market's growth momentum will accelerate at a CAGR of 29.37% as per the latest market forecast report by Technavio. The market will also record a 29.03% Y-O-Y growth rate during the forecast period. To know more about the historic market size– Request a Free Sample Report!

Global Artificial Intelligence Robots Market - Parent Market Analysis

Technavio categorizes the global artificial intelligence robots market as a part of the global industrial machinery market. The parent market, the global industrial machinery market, includes companies engaged in manufacturing industrial machinery and components covering presses, compressors, machine tools, elevators, escalators, pollution control equipment, pumps, insulators, roller bearings, and other metal fabrications. The global industrial machinery market is expected to grow at a moderate pace.

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Global Artificial Intelligence Robots Market Characteristics with Five Forces–

The Global Artificial Intelligence Robots Market is fragmented, and the five forces analysis by Technavio gives an accurate vision –

• Bargaining Power of Buyers
• The threat of New Entrants
• Threat of Rivalry
• Bargaining Power of Suppliers
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Global Artificial Intelligence Robots Market – Customer Landscape  

• The disruption threats are strategic in nature, and operational risks for suppliers have been mapped based on their negative business impact and probability of occurrence. 
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Global Artificial Intelligence Robots Market - Segmentation Assessment

Geography Segment Overview

Technavio's market research report entails detailed information on regional opportunities in store for vendors, which will assist in generating sales revenues. The Global Artificial Intelligence Robots Market as per geography is categorized into North America, Europe, APAC, South America, and the Middle East and Africa. The report provides an accurate prediction of the contribution of all regions to the growth of the Global Artificial Intelligence Robots Market size and actionable market understandings.

Regional Highlights

• APAC is the fastest-growing region in the global artificial intelligence robots market compared to other regions. 45% of the market's growth will originate from this region. The increasing adoption of AI-based robotics in inventory management, retail, defense, healthcare, and security applications is driving the growth of the regional market. Countries such as Japan, China, and South Korea are the major contributors to market growth.

Technology Segment Overview

• The Artificial Intelligence Robots Market as per technology segmentation is categorized into Software and Hardware.
• Revenue Generating Segment - The artificial intelligence robots market share growth by the software segment will be significant during the forecast period. Software programs help with the integration of advanced technologies such as ML, AI, facial recognition, and gesture recognition.

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Global Artificial Intelligence Robots Market – Market Dynamics

Major Driver Boosting the Market

• The high adoption of private-use robots is driving market growth.
• The increasing demand for home automation is encouraging the extensive adoption of cleaning robots and security robots while raising consumer awareness.
• The adoption of companion robots has been high, especially in developing countries and in countries with a high geriatric population.
• These factors are increasing the use of private-use robots, which is driving the growth of the global AI robots market during the forecast period.

Major trends influencing the growth of the market

• The increase in demand for enhanced productivity and performance in robots is a trend in the market.
• Many companies have increased their focus on automating their manufacturing facilities. They are installing automated control systems enabled with advanced technologies, such as ML, AI, robotics, and analytics. They are focusing on improving productivity, enhancing product quality, and reducing labor costs.
• Companies are replacing human labor with robots such as collaborative robots and professional robots to eliminate repetitive manual and clerical tasks and reduce labor costs.
• Various industries, including consumer electronics, automotive, healthcare, and industrial end-users, are adopting robots to automate operations in their manufacturing facilities. 

Major Challenges interrupting the market growth

• The increasing manufacturing cost is challenging market growth.
• Many companies have increased their focus on automating their functions, such as painting, security, machine tending, material transfer, and quality inspection. They are adopting robots such as collaborative robots and industrial AI robots to automate processes.
• These robots include hardware such as actuators, sensors, controllers, power sources, and software. Vendors are also integrating multiple sensors and control systems.
• However, the cost of these components is high, which increases the overall cost of manufacturing robots, thus hindering the growth of the global AI robots market during the forecast period.

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Artificial Intelligence Robots Market 2023-2027: Key Highlights

• CAGR of the market during the forecast period 2023-2027
• Detailed information on factors that will assist artificial intelligence robots market growth during the next five years
• Estimation of the cloud data warehouse market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the artificial intelligence robots market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of artificial intelligence robots market vendors

Related Reports

• The grinding robots market is projected to grow by USD 51.97 million with a CAGR of 6.73% during the forecast period 2021 to 2026. The market is segmented by end-user (automotive, metals and machinery, aerospace and defense, and others), solution (software, services, and hardware), and geography (APAC, Europe, North America, Middle East and Africa, and South America).
• The shelf-mounted robots market is projected to grow by USD 5.52 billion with a CAGR of 10.26% during the forecast period 2021 to 2026. The market is segmented by application (material handling, assembly, welding, surface treatment and finishing, and others) and geography (North America, Europe, APAC, South America, and the Middle East and Africa). 

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Table of Contents

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Technology
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global artificial intelligence robots market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on Global artificial intelligence robots market 2017 - 2021 ($ million)

• 4.2 Technology Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size – Technology Segment 2017 - 2021 ($ million)

• 4.3 Type Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Technology

• 6.1 Market segments 
• Exhibit 30: Chart on Technology - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Technology - Market share 2022-2027 (%)

• 6.2 Comparison by Technology 
• Exhibit 32: Chart on Comparison by Technology
• Exhibit 33: Data Table on Comparison by Technology

• 6.3 Software - Market size and forecast 2022-2027
• Exhibit 34: Chart on Software - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Software - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Software - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Software - Year-over-year growth 2022-2027 (%)

• 6.4 Hardware - Market size and forecast 2022-2027
• Exhibit 38: Chart on Hardware - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Hardware - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Hardware - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Hardware - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Technology 
• Exhibit 42: Market opportunity by Technology ($ million)

7 Market Segmentation by Type

• 7.1 Market segments 
• Exhibit 43: Chart on Type - Market share 2022-2027 (%)
• Exhibit 44: Data Table on Type - Market share 2022-2027 (%)

• 7.2 Comparison by Type 
• Exhibit 45: Chart on Comparison by Type
• Exhibit 46: Data Table on Comparison by Type

• 7.3 Service - Market size and forecast 2022-2027
• Exhibit 47: Chart on Service - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Data Table on Service - Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Chart on Service - Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on Service - Year-over-year growth 2022-2027 (%)

• 7.4 Industrial - Market size and forecast 2022-2027
• Exhibit 51: Chart on Industrial - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on Industrial - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on Industrial - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Industrial - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Type 
• Exhibit 55: Market opportunity by Type ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 57: Chart on Market share by geography 2022-2027 (%)
• Exhibit 58: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 59: Chart on Geographic comparison
• Exhibit 60: Data Table on Geographic comparison

• 9.3 APAC - Market size and forecast 2022-2027
• Exhibit 61: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 63: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 64: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027
• Exhibit 65: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 67: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 68: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 North America - Market size and forecast 2022-2027
• Exhibit 69: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 71: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027
• Exhibit 73: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 China - Market size and forecast 2022-2027
• Exhibit 81: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.9 US - Market size and forecast 2022-2027
• Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.10 Japan - Market size and forecast 2022-2027
• Exhibit 89: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.11 Germany - Market size and forecast 2022-2027
• Exhibit 93: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.12 UK - Market size and forecast 2022-2027
• Exhibit 97: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.13 India - Market size and forecast 2022-2027
• Exhibit 101: Chart on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on India - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on India - Year-over-year growth 2022-2027 (%)

• 9.14 Market opportunity by geography 
• Exhibit 105: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 106: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 107: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 108: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 109: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 110: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 111: Matrix on vendor position and classification

• 12.3 ABB Ltd. 
• Exhibit 112: ABB Ltd. - Overview
• Exhibit 113: ABB Ltd. - Business segments
• Exhibit 114: ABB Ltd. - Key news
• Exhibit 115: ABB Ltd. - Key offerings
• Exhibit 116: ABB Ltd. - Segment focus

• 12.4 Alphabet Inc. 
• Exhibit 117: Alphabet Inc. - Overview
• Exhibit 118: Alphabet Inc. - Business segments
• Exhibit 119: Alphabet Inc. - Key news
• Exhibit 120: Alphabet Inc. - Key offerings
• Exhibit 121: Alphabet Inc. - Segment focus

• 12.5 Amazon.com Inc. 
• Exhibit 122: Amazon.com Inc. - Overview
• Exhibit 123: Amazon.com Inc. - Business segments
• Exhibit 124: Amazon.com Inc. - Key news
• Exhibit 125: Amazon.com Inc. - Key offerings
• Exhibit 126: Amazon.com Inc. - Segment focus

• 12.6 ASUSTeK Computer Inc. 
• Exhibit 127: ASUSTeK Computer Inc. - Overview
• Exhibit 128: ASUSTeK Computer Inc. - Product / Service
• Exhibit 129: ASUSTeK Computer Inc. - Key news
• Exhibit 130: ASUSTeK Computer Inc. - Key offerings

• 12.7 BLUE FROG ROBOTICS SAS 
• Exhibit 131: BLUE FROG ROBOTICS SAS - Overview
• Exhibit 132: BLUE FROG ROBOTICS SAS - Product / Service
• Exhibit 133: BLUE FROG ROBOTICS SAS - Key offerings

• 12.8 FANUC Corp. 
• Exhibit 134: FANUC Corp. - Overview
• Exhibit 135: FANUC Corp. - Product / Service
• Exhibit 136: FANUC Corp. - Key offerings

• 12.9 HANSON ROBOTICS Ltd. 
• Exhibit 137: HANSON ROBOTICS Ltd. - Overview
• Exhibit 138: HANSON ROBOTICS Ltd. - Product / Service
• Exhibit 139: HANSON ROBOTICS Ltd. - Key offerings

• 12.10 Intel Corp. 
• Exhibit 140: Intel Corp. - Overview
• Exhibit 141: Intel Corp. - Business segments
• Exhibit 142: Intel Corp. - Key news
• Exhibit 143: Intel Corp. - Key offerings
• Exhibit 144: Intel Corp. - Segment focus

• 12.11 International Business Machines Corp.
• Exhibit 145: International Business Machines Corp. - Overview
• Exhibit 146: International Business Machines Corp. - Business segments
• Exhibit 147: International Business Machines Corp. - Key offerings
• Exhibit 148: International Business Machines Corp. - Segment focus

• 12.12 LG Electronics Inc. 
• Exhibit 149: LG Electronics Inc. - Overview
• Exhibit 150: LG Electronics Inc. - Business segments
• Exhibit 151: LG Electronics Inc. - Key news
• Exhibit 152: LG Electronics Inc. - Key offerings
• Exhibit 153: LG Electronics Inc. - Segment focus

• 12.13 Microsoft Corp. 
• Exhibit 154: Microsoft Corp. - Overview
• Exhibit 155: Microsoft Corp. - Business segments
• Exhibit 156: Microsoft Corp. - Key news
• Exhibit 157: Microsoft Corp. - Key offerings
• Exhibit 158: Microsoft Corp. - Segment focus

• 12.14 MIDEA Group Co. Ltd. 
• Exhibit 159: MIDEA Group Co. Ltd. - Overview
• Exhibit 160: MIDEA Group Co. Ltd. - Business segments
• Exhibit 161: MIDEA Group Co. Ltd. - Key offerings
• Exhibit 162: MIDEA Group Co. Ltd. - Segment focus

• 12.15 NEURALA INC 
• Exhibit 163: NEURALA INC - Overview
• Exhibit 164: NEURALA INC - Product / Service
• Exhibit 165: NEURALA INC - Key offerings

• 12.16 NTT Disruption Europe SL 
• Exhibit 166: NTT Disruption Europe SL - Overview
• Exhibit 167: NTT Disruption Europe SL - Product / Service
• Exhibit 168: NTT Disruption Europe SL - Key offerings

• 12.17 NVIDIA Corp. 
• Exhibit 169: NVIDIA Corp. - Overview
• Exhibit 170: NVIDIA Corp. - Business segments
• Exhibit 171: NVIDIA Corp. - Key news
• Exhibit 172: NVIDIA Corp. - Key offerings
• Exhibit 173: NVIDIA Corp. - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 174: Inclusions checklist
• Exhibit 175: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 176: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 177: Research methodology
• Exhibit 178: Validation techniques employed for market sizing
• Exhibit 179: Information sources

• 13.5 List of abbreviations 
• Exhibit 180: List of abbreviations

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