Global AI Robots Market Overview
In 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.
Drivers and Restraints
Driven 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. Over the review period, the growing demand for the
adoption of AI robots for companionship and entertainment is likely to be a
significant driver for the global AI robot market. 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/6684
Although 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. Although AI robots were a technological
masterstroke, numerous inventions were credited to different players resulting
in a diverse collection of standards.
Segmental Analysis
The global AI robots market
is segmented in terms of offering, type, technology, application, and region.
By offering, the global AI
robots market is bifurcated into software and hardware. The software segment is
divided into AI platforms and AI solutions, while the hardware segment contains
the storage devices, processors, and network devices segments.
Based on the type, the
global AI robots market is divided into service robots and industrial robots.
Based on the technology,
the global AI robots market is segmented into context awareness, machine
learning, computer vision, and natural language processing.
By application, the AI
robots market is divided into law enforcement, public relations, military and
defense, personal assistance and care, research and space exploration,
agriculture, education and entertainment, industrial, healthcare, stock
management, and others.
Regional Analysis
The geographical overview
of the global market has been conducted in four major regions, including the
Asia Pacific, North America, Europe, and the rest of the world.
Thanks to the fast growth
of the robotics industry in countries such as the US, North America is the
leading regional market for AI robots. Rapid robotics technology growth is
likely to ensure North America's supremacy over the projected period on the
global AI robots market. The healthcare sector, as well as the region's retail
and military sectors are highly supportive towards robotics, leading to
favorable growth prospects over the forecast period for the AI robots industry.
Due to the rapid
technological growth in countries like China, India and Japan, where robotics
has emerged as a foremost field of study in recent years, Asia Pacific is
anticipated to be the fastest rising regional market for AI robots over the
review period.
Competitive Analysis
The major market players
operating in the global market as identified by MRFR are NVIDIA, ABB, Intel,
Alphabet, Microsoft, Xilinx, IBM, Harman International Industries, Fanuc, Kuka,
Amazon, Blue Frog Robotics, Asustek Computer, Promobot, Softbank, Mayfield
Robotics, Neurala, Hanson Robots, LG, and Jibo.
Get Complete Report Details at: https://www.marketresearchfuture.com/reports/ai-robots-market-6684
About Market Research Future:
At Market Research Future (MRFR), we enable our
customers to unravel the complexity of various industries through our Cooked
Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research
Reports (3R), Continuous-Feed Research (CFR), and Market Research &
Consulting Services.
Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
No comments:
Post a Comment