Global Smart Robots Market
Electrical And Electronics

How Will The Smart Robots Market Expand Through 2024-2033

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

 

 

As per The Business Research Company’s Smart Robots Global Market Report 2024, the smart robots market is expected to show significant growth in the forecast period.

 

 

Exponential Growth: A Market Overview

  • The smart robots market size has surged from $13.79 billion in 2023 to $17.46 billion in 2024, showcasing a compound annual growth rate (CAGR) of 26.6%.
  • Factors driving growth include increased demand for automation, expansion across various industries, adoption of collaborative robots, and technological advancements in sensing and perception.

 

 

The Future Unfolds: Projections and Trends

  • Forecasted growth estimates the market to reach $39.49 billion in 2028, driven by healthcare adoption, smart manufacturing, and emerging trends like AI-powered learning and robotic process automation (RPA).
  • Trends in the forecast period include AI-powered adaptive learning, natural language processing (NLP), robotic process automation (RPA), emotional AI, and augmented reality (AR) integration.

 

 

Rapid Industrial Robots Fuels Growth In The Smart Robot Market

  • Industrial robots are programmable machines enhancing manufacturing, logistics, and healthcare processes.
  • Asia leads in industrial robot installations, influencing market growth.
  • Major players include Puresight Systems Pvt. Ltd., SoftBank Robotics Group, ABB Group, among others.

 

 

View More On The Smart Robots Market Report 2024 – https://www.thebusinessresearchcompany.com/report/smart-robots-global-market-report

 

 

Innovative Small Industrial Robots Revolutionize Manufacturing

  • Small industrial robots like ABB’s IRB 1010 offer precision and efficiency.
  • Compact design and increased payload capacity enhance productivity.
  • Hitachi Ltd.’s acquisition of Kyoto Robotics Corporation expands capabilities in logistics and factory automation.

 

 

Segmentation and Regional Dynamics

  • The smart robots market is segmented by component, product, end-user, and application.
  • North America led the market in 2023, while Asia Pacific is forecasted as the fastest-growing region.

 

 

Request A Sample Of The Global Smart Robots Market Report 2024:

https://www.thebusinessresearchcompany.com/sample_request?id=4021&type=smp

 

 

The Smart Robots Global Market Report 2024 provides an in-depth analysis on the smart robots market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the smart robots market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

 

 

View More Related Reports –

Robo Taxis Global Market Report 2024

Cleaning Robot Global Market Report 2024

Gantry Robot Global Market Report 2024

 

 

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