Artificial Intelligence (AI) Robots Market to Reach USD

From GlobeNewswire: 2025-02-07 09:26:00

According to SNS Insider, the Artificial Intelligence Robots Market was valued at USD 8.77 Billion in 2023 and is projected to reach USD 89.57 Billion by 2032, growing at a CAGR of 29.46%. AI robots are in demand for enhancing productivity, reducing maintenance costs by 30%, and preventing 70% of breakdowns through predictive maintenance.

Leading players in the AI Robotics Market include NVIDIA, ABB, Intel, Google, IBM, Hanson Robotics, Boston Dynamics, Xilinx, Fanuc Corporation, KUKA AG, Blue Frog Robotics, Promobot, Vicarious FPC, Neurala Inc., Veo Robotics Inc., and Miso Robotics Inc.

In 2023, hardware dominated the AI robots market with 59% share, driven by demand for processors, graphics cards, and high-performance computing units. The software segment is set for the fastest growth from 2024 to 2032, fueled by the need for advanced algorithms and machine learning models to enhance robots’ efficiency.

Industrial robots led the AI robots market in 2023, accounting for 69% share, while service robots are rapidly expanding. North America dominated the market with a 39% share, with Asia-Pacific expected to be the fastest-growing region from 2024 to 2032.

Recent developments include an Intel-IDC study projecting AI spending in India to reach USD 5 billion by 2027, and KUKA integrating AI to simplify robot programming. The market report provides insights on market size, segmentation, key drivers, and regional analysis. 1. Gain valuable insights into the Artificial Intelligence (AI) Robots Market Growth & Outlook Report for 2024-2032. Access more research at https://www.snsinsider.com/reports/artificial-intelligence-robots-market-1752. For customization or more information, email [email protected].

2. SNS Insider is a top market research and consulting agency globally, providing clients with the necessary knowledge to navigate changing market conditions. Through surveys, video chats, and focus groups worldwide, we deliver current market data, consumer insights, and opinions to empower confident decision-making.

3. Contact SNS Insider for in-depth analysis and research on the latest developments in the Artificial Intelligence (AI) Robots Market. Stay informed and make well-informed decisions for your business. Visit https://www.snsinsider.com/reports/artificial-intelligence-robots-market-1752 for more details.



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