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Throughout the projected timeframe, the adaptive robot market is anticipated to expand at a CAGR of 27.8 percent. By 2031, the worldwide market for adaptive robots is projected to reach a value of $80.06 billion.
The third generation of robotics technology is an adaptive robot. Adaptive robots can multitask in challenging, open, and complicated settings. These robotic beings are based on instruments and are both intelligent and networked. In recent years, adaptive robotics technology, in conjunction with machine learning and artificial intelligence, has experienced tremendous growth. One key component fueling the market's expansion is the increasing preference for adaptive robots over traditional robots.
The market is anticipated to experience improved growth during the forecast period due to factors such as the increasing use of adaptive robots in industrial automation, the rising production of advanced robotic grippers, arms, and material handling equipment, the rapid adoption of the Internet of Things (IoT) ecosystem associated with adaptive robots, and the increasing production and introduction of adaptive robots by numerous world-renowned manufacturing companies. Adaptive robots are driving the market expansion because they offer numerous advantages over conventional ones, including greater production flexibility, less additional devices needed, better disturbance rejection, transferable intelligence, and superior automation. However, next-generation adaptive robot manufacturing equipment is expensive and carries safety risks, which could slow the market's growth.
The increasing need for automation in numerous sectors is fueling the adaptive robot market CAGR. Adaptive robots are multi-taskers that can work in tandem with people to do tasks like packaging, inspection, and assembly. Such robots are capable of adjusting to their environments and engaging in tasks that people might deem too dangerous or challenging. In addition to helping with productivity gains, they also help with cost savings in labor and enhanced product quality for businesses. When it comes to optimizing production processes and eliminating human error, the automobile sector has been heavily utilizing adaptive robots. There are several uses for adaptive robots in the automotive industry, such as assembly, painting, and welding. The Adaptive Robot Market is experiencing strong growth due to the increasing demand for these robots in the automotive industry.
The electronics industry is another major user of flexible robots. Adaptive robots find use in a variety of industries, including semiconductor production, printed circuit board assembly, and surface mount technology. Electronics manufacturers are responding to rising consumer demand for portable electronic gadgets. Healthcare providers are also making use of adaptive robots to enhance patient care while reducing costs. Surgical procedures, rehabilitation, and patient monitoring are just a few of the many medical contexts that make use of adaptive robots. The healthcare business is seeing rapid growth due to the increasing demand for healthcare services caused by an aging population. More and more, robots are being sought after by businesses in the food and drink sector. Adaptive robots can be used for packing, sorting, and inspecting food and drink products. Businesses benefit from these robots because they boost output, cut down on labor expenses, and enhance product quality.
The Asia Pacific region is home to the world's largest industrial robotics market, with China continuing its five-year reign as the top market, accounting for almost 36% of total installations in 2023 and 2023 with 154,032 units. A 21% rise has been seen in the installation of industrial robots in Japan. With 40, 373 units installed, the number of robots in the United States has grown by 22% since 2023. There are 38,000 units installed in South Korea and 27,000 in Germany.
When broken down by region, the Asia-Pacific region continued to dominate in 2023 and is projected to do so at a CAGR of xx% during the forecast period. The expansion of the market can be attributed, in large part, to the economies of countries like South Korea, China, India, and Japan. In terms of the worldwide robotics industry market, China was in first place. The increasing need for adaptive industrial robots in the electronics and automotive sectors in the region is the main driver of this expansion. Sales of adaptive robots in the Asia-Pacific area are on the rise, and technical developments in robotics automation are fueling this expansion.
Report Coverage
Global Adaptive Robot research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Adaptive Robot report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Adaptive Robot competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Adaptive Robot market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Adaptive Robot market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Adaptive Robot market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Fanuc (Japan), KUKA AG (Germany), Rethink Robotics (U.S), Siléane (France), iRobot Corporation (U.S), Robert Bosch GmbH (Germany), Yaskawa Motoman (U.S), Huawei Technologies Co. Ltd. (China), Google, Inc. (U.S), and Toyota Motor Corporation (Japan)
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Adaptive Robot market based on the below-mentioned segments:
Global Adaptive Robot Market, By Technology
Vision & Sensors
Learning, Perception, & Speech Recognition
Mobility & Navigation
Global Adaptive Robot market, By Application
Industrial Robot
Consumer Robot
Logistics Robot
Service Robot
Global Adaptive Robot Market, By End User
Automotive
Aerospace
Electronics
Food & Beverage
Healthcare
Retail
BFSI
Travel & Transportation
Education
Entertainment
Global Adaptive Robot market, Regional Analysis
The third generation of robotics technology is an adaptive robot. Adaptive robots can multitask in challenging, open, and complicated settings. These robotic beings are based on instruments and are both intelligent and networked. In recent years, adaptive robotics technology, in conjunction with machine learning and artificial intelligence, has experienced tremendous growth. One key component fueling the market's expansion is the increasing preference for adaptive robots over traditional robots.
The market is anticipated to experience improved growth during the forecast period due to factors such as the increasing use of adaptive robots in industrial automation, the rising production of advanced robotic grippers, arms, and material handling equipment, the rapid adoption of the Internet of Things (IoT) ecosystem associated with adaptive robots, and the increasing production and introduction of adaptive robots by numerous world-renowned manufacturing companies. Adaptive robots are driving the market expansion because they offer numerous advantages over conventional ones, including greater production flexibility, less additional devices needed, better disturbance rejection, transferable intelligence, and superior automation. However, next-generation adaptive robot manufacturing equipment is expensive and carries safety risks, which could slow the market's growth.
The increasing need for automation in numerous sectors is fueling the adaptive robot market CAGR. Adaptive robots are multi-taskers that can work in tandem with people to do tasks like packaging, inspection, and assembly. Such robots are capable of adjusting to their environments and engaging in tasks that people might deem too dangerous or challenging. In addition to helping with productivity gains, they also help with cost savings in labor and enhanced product quality for businesses. When it comes to optimizing production processes and eliminating human error, the automobile sector has been heavily utilizing adaptive robots. There are several uses for adaptive robots in the automotive industry, such as assembly, painting, and welding. The Adaptive Robot Market is experiencing strong growth due to the increasing demand for these robots in the automotive industry.
The electronics industry is another major user of flexible robots. Adaptive robots find use in a variety of industries, including semiconductor production, printed circuit board assembly, and surface mount technology. Electronics manufacturers are responding to rising consumer demand for portable electronic gadgets. Healthcare providers are also making use of adaptive robots to enhance patient care while reducing costs. Surgical procedures, rehabilitation, and patient monitoring are just a few of the many medical contexts that make use of adaptive robots. The healthcare business is seeing rapid growth due to the increasing demand for healthcare services caused by an aging population. More and more, robots are being sought after by businesses in the food and drink sector. Adaptive robots can be used for packing, sorting, and inspecting food and drink products. Businesses benefit from these robots because they boost output, cut down on labor expenses, and enhance product quality.
The Asia Pacific region is home to the world's largest industrial robotics market, with China continuing its five-year reign as the top market, accounting for almost 36% of total installations in 2023 and 2023 with 154,032 units. A 21% rise has been seen in the installation of industrial robots in Japan. With 40, 373 units installed, the number of robots in the United States has grown by 22% since 2023. There are 38,000 units installed in South Korea and 27,000 in Germany.
When broken down by region, the Asia-Pacific region continued to dominate in 2023 and is projected to do so at a CAGR of xx% during the forecast period. The expansion of the market can be attributed, in large part, to the economies of countries like South Korea, China, India, and Japan. In terms of the worldwide robotics industry market, China was in first place. The increasing need for adaptive industrial robots in the electronics and automotive sectors in the region is the main driver of this expansion. Sales of adaptive robots in the Asia-Pacific area are on the rise, and technical developments in robotics automation are fueling this expansion.
Report Coverage
Global Adaptive Robot research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Adaptive Robot report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Adaptive Robot competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Adaptive Robot market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2031 |
| Base Year | 2023 |
| Forecast Period | 2023-2031 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Fanuc (Japan), KUKA AG (Germany), Rethink Robotics (U.S), Siléane (France), iRobot Corporation (U.S), Robert Bosch GmbH (Germany), Yaskawa Motoman (U.S), Huawei Technologies Co. Ltd. (China), Google, Inc. (U.S), and Toyota Motor Corporation (Japan) |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Adaptive Robot Market from 2021 to 2031.
- Market Forecast for Adaptive Robot Market from 2021 to 2031.
- Regional Market Share and Revenue from 2021 to 2031.
- Country Market share within region from 2021 to 2031.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Adaptive Robot competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Adaptive Robot
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Adaptive Robot market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Adaptive Robot market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Fanuc (Japan), KUKA AG (Germany), Rethink Robotics (U.S), Siléane (France), iRobot Corporation (U.S), Robert Bosch GmbH (Germany), Yaskawa Motoman (U.S), Huawei Technologies Co. Ltd. (China), Google, Inc. (U.S), and Toyota Motor Corporation (Japan)
Primary Target Market
- Market Players of Adaptive Robot
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Adaptive Robot market based on the below-mentioned segments:
Global Adaptive Robot Market, By Technology
Vision & Sensors
Learning, Perception, & Speech Recognition
Mobility & Navigation
Global Adaptive Robot market, By Application
Industrial Robot
Consumer Robot
Logistics Robot
Service Robot
Global Adaptive Robot Market, By End User
Automotive
Aerospace
Electronics
Food & Beverage
Healthcare
Retail
BFSI
Travel & Transportation
Education
Entertainment
Global Adaptive Robot market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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