The global unmanned stores market is projected to reach $962.6 billion by 2033, growing at a CAGR of 31.59% during the forecast period 2024-2033.
The global collaborative robot (cobot) market is projected to reach $6,972.6 million by 2033 from $2,104.2 million in 2023, growing at a CAGR of 12.73% during the forecast period 2023-2033.
The U.S. robotics integration for the manufacturing market is estimated to reach $7.48 billion by 2029 from $3.94 billion in 2023, growing at a CAGR of 11.69% during the forecast period 2024-2029.
The Europe future of autonomous systems: focus on autonomous navigation software market is estimated to reach $1,749.7 million by 2033 from $927.3 million in 2023, growing at a CAGR of 6.55% during the forecast period 2023-2033.
The Europe robotic smart motors market is estimated to reach $2.36 billion by 2033 from $1.34 billion in 2022, at a growth rate of 5.41% during the forecast period 2023-2033.
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In 2022, the Asia-Pacific military RAS market was valued at $3,156.5 million and is expected to reach $4,152.8 million by the end of 2033.
The Asia-Pacific future of autonomous systems: focus on autonomous navigation software market was valued at $691.7 million in 2022, and it is expected to be $1,361.8 million by 2033.
The global robotic smart motors market is estimated to reach $8.04 billion in 2033 from $4.61 billion in 2022, at a growth rate of 5.31% during the forecast period 2023-2033.
The future of autonomous systems: focus on autonomous navigation software market was valued at $3.15 billion in 2022, and it is expected to be $5.68 billion by 2033.
In 2022, the global military RAS market was valued at $17,575.1 million and is expected to reach $19,794.0 million by the end of 2033, growing at a CAGR of 1.10% during the forecast period 2023-2033.
The global last-mile delivery robot market was valued at $18.1 million in 2021, and it is estimated to reach $36.2 million by 2032 at a CAGR of 6.22% during the forecast period 2022-2032.
The global wearable robotic exoskeleton industry analysis by BIS Research projects the market to have a significant growth rate of 32.68% based on the value and a growth rate of 34.01% based on volume during the forecast period 2021-2031.
The global automated guided vehicle market accounted for 138,740 units in terms of volume in 2019 and is expected to reach 272,717 units by 2025.
The military robotic and autonomous systems market is anticipated to grow at a CAGR of 20.75% based on market value during the forecast period 2020-2025.
The collaborative robot industry analysis by BIS Research projects the market to grow at a significant CAGR of 30.37% on the basis of volume during the forecast period from 2020 to 2025.
The mobile robot market to grow at a significant CAGR of 18.62% on the basis of revenue during the forecast period from 2020 to 2025.
The global safety, security, and rescue robotics market to grow at a significant CAGR of 14.95% in terms of value during the forecast period, 2020-2025.
The Inspection and Maintenance Robot Industry Analysis by BIS Research projects the market to grow at a significant CAGR of 12.73% on the basis of value during the forecast period from 2020 to 2025.
The intelligent soft robotics market is anticipated to grow at a robust CAGR of 37% on the basis of capacity during the forecast period from 2019 to 2024.
The military ground vehicle propulsion system industry analysis by BIS Research projects the market to grow at a significant CAGR of 5.89% on the basis of value during the forecast period from 2020 to 2030.
The Global Unmanned Ground Vehicle Market report by BIS Research projects the market to grow at a significant CAGR of 19.26% on the basis of value during the forecast period from 2019 to 2024.
The collaborative robot industry analysis by BIS Research projects the market to grow at a significant CAGR of 60.85% on the basis of volume during the forecast period from 2019 to 2024.
The ROS-Based Robot Industry Analysis by BIS Research projects the market to grow at a significant CAGR of 20.02% during the forecast period from 2019 to 2024.
According to BIS Research analysis, the global mobile robot market generated $4.03 billion in 2018 and is estimated to grow at a CAGR of 19.67% during the forecast period, 2018-2023.
The telepresence robot market generated $67.4 million in 2018 and is estimated to grow at a CAGR of 26.53% during the forecast period, 2018-2023.
According to BIS Research analysis, the global wearable robotic exoskeleton market generated $127.4 million in 2017 and is estimated to grow at a CAGR of 43.48% during 2018-2028
In 2017, the cloud robotics market accounted for a market value of $2,425.9 million which is anticipated to grow at a CAGR of 30.40% from 2018 to 2023.
In 2017, the collaborative robot market accounted for a market value of $283.7 million which is anticipated to grow with 63.95% CAGR from 2018 to 2023.
The global logistics and warehouse robot market generated $2,234.3 million in the year 2016.
By analysis, the global indoor robots market generated $3,700 million in 2016, in terms of revenue.
The wearable robotic exoskeleton market is witnessing a high growth rate owing to machine intelligence surpassing human intelligence in defense industry, rise in demand of exoskeletons for rehabilitation application, and rapidly growing aged population.
In terms of growth, unmanned ground vehicle market is growing with leading players introducing latest products into the market. The major factor influencing the development is increase in operational efficiency and flexibility, reduced human intervention, among others. This will led to the growth of the global unmanned ground vehicle market which it is expected to reach $9.06 billion by 2023.
Automated guided vehicles are increasingly used across new industries like electrical and electronics, aerospace and defense manufacturing, with their adoption being an evolving phenomenon. Therefore, the global automated guided vehicle market is estimated to reach $3,320.41 million in the forecast period.
The demand for collaborative industrial robots are gradually increasing across both the developed and developing economies. Based on its demand across different geographies, the global collaborative industrial robot market is segmented into North America, Europe, Asia-Pacific and the Rest Of the World (ROW) i.e., Latin America, Middle East and Africa.
Telepresence robotics is an emerging technology which is expected to become a multi-million dollar industry over the forecasted period (2016-2022). The global demand for telepresence robots is expected to reach $136.90 Million by 2022. The key drivers for this market include high demand from enterprises, healthcare, education, hospitality, and consumer and personal use applications.
The military robotic and autonomous systems market is anticipated to grow at a CAGR of 20.75% based on market value during the forecast period 2020-2025.
The collaborative robot industry analysis by BIS Research projects the market to grow at a significant CAGR of 30.37% on the basis of volume during the forecast period from 2020 to 2025.
The collaborative robot industry analysis by BIS Research projects the market to grow at a significant CAGR of 60.85% on the basis of volume during the forecast period from 2019 to 2024.
According to BIS Research analysis, the global mobile robot market generated $4.03 billion in 2018 and is estimated to grow at a CAGR of 19.67% during the forecast period, 2018-2023.
According to BIS Research analysis, the global wearable robotic exoskeleton market generated $127.4 million in 2017 and is estimated to grow at a CAGR of 43.48% during 2018-2028
In 2017, the collaborative robot market accounted for a market value of $283.7 million which is anticipated to grow with 63.95% CAGR from 2018 to 2023.
The wearable robotic exoskeleton market is witnessing a high growth rate owing to machine intelligence surpassing human intelligence in defense industry, rise in demand of exoskeletons for rehabilitation application, and rapidly growing aged population.
In terms of growth, unmanned ground vehicle market is growing with leading players introducing latest products into the market. The major factor influencing the development is increase in operational efficiency and flexibility, reduced human intervention, among others. This will led to the growth of the global unmanned ground vehicle market which it is expected to reach $9.06 billion by 2023.
The demand for collaborative industrial robots are gradually increasing across both the developed and developing economies. Based on its demand across different geographies, the global collaborative industrial robot market is segmented into North America, Europe, Asia-Pacific and the Rest Of the World (ROW) i.e., Latin America, Middle East and Africa.
Telepresence robotics is an emerging technology which is expected to become a multi-million dollar industry over the forecasted period (2016-2022). The global demand for telepresence robots is expected to reach $136.90 Million by 2022. The key drivers for this market include high demand from enterprises, healthcare, education, hospitality, and consumer and personal use applications.
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Robotics
Robotics Market and Industry Overview
The robotics market is a rapidly growing industry that encompasses the development, production, and application of robotic systems across various sectors. With advancements in technology, robots are revolutionizing industries such as manufacturing, healthcare, agriculture, logistics, and more. The market is driven by factors such as the need for automation, increasing labor costs, and the demand for improved efficiency and productivity. Key players in the industry include robotics manufacturers, software developers, and system integrators. The robotics market is projected to witness significant growth in the coming years, fueled by ongoing technological advancements and the increasing adoption of robotics in various industries.
BIS Research has an extensive expertise in robotics technology research, covering different areas such as industrial robots, service robots, exoskeletons, and humanoids. Analysts at BIS Research offer insightful market intelligence reports to clients.
The report also estimates the market size and growth potential of the cloud robotics market. The major factors driving the market growth are the proliferation of cloud technology, broad spectrum use of wireless technologies and smart devices, increase in adoption of IoT, and advancements in AI and machine learning technologies are expected to drive the growth of the market.
Proliferation of cloud technology, broad spectrum use of wireless technologies, increase in the adoption of IoT and advancements in AI and machine learning technologies are just some of the factors contributing to the growth of the robotics market.
The robotics report by BIS Research, provides an in-depth analysis of the increase in automation in the industry and how it enables electronics companies to innovate further. Robots can be used across the entire production cycle in processes such as assembly, dispensing, milling, inspection, packaging, and palletizing. Advancements in end effectors and vision systems are also contributing to the push for robots.
Advances in robotics technology are making human-machine collaboration an everyday reality. Better and cheaper sensors make a robot more able to understand and respond to its environment. Robot bodies are becoming more adaptive and flexible, with designers taking inspiration from the extraordinary flexibility and dexterity of complex biological structures, such as the human hand. And robots are becoming more connected, benefiting from the cloud-computing revolution driving the robotics market as well.
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