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 Middle East and Africa (MEA) factory automation market are witnessing significant growth due to various factors driving the adoption of automation technologies across industrial sectors. There is a growing emphasis on improving operational efficiency and productivity in manufacturing processes.
The global digital twin market is projected to reach $1,036.4 billion by 2033 from $10.3 billion in 2023, growing at a CAGR of 58.52% 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.
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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.
The Asia-Pacific industrial computed radiography market is estimated to reach $19.30 million by 2033 at a growth rate of 3.49% during the forecast period 2023-2033.
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.
The global industrial computed radiography market is estimated to reach $68.8 million in 2033 from $59.1 million in 2022, at a growth rate of 1.49% during the forecast period 2023-2033.
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 3D printing software and services market was valued at $9,661.7 million in 2021 and is expected to reach $80,847.6 million by 2031, growing at a CAGR of 24.3% between 2022 and 2031.
The global simulation software market generated revenue of $9,601.8 million in 2020 and is expected to reach $20,276.7 million by 2025 at a CAGR of 15.3%.
The global industrial magnetron market is expected to reach $553.4 million by 2026, with a CAGR of 3.60% during the forecast period 2021-2026.
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 global digital twin market is projected to grow from $2.66 billion in 2020 to $29.57 billion by 2025, at a CAGR 61.94% 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 smart factory and manufacturing market analysis by BIS Research projects the market to grow at a significant CAGR of 8.71%, on the basis of revenue, during the forecast period from 2020 to 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 IoT chip market generated $8.33 billion in 2018 and is expected to witness a CAGR of 15.18% during the forecast period from 2019 to 2029.
The global Industrial IoT market generated $72.34 billion in 2018 and is expected to witness a CAGR of 8.67% during the forecast period from 2019 to 2024.
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 global IoT security market generated $16.55 billion in 2018 and is expected to witness a CAGR of 22.26%, 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.
The global industrial automation software industry analysis conducted by BIS Research highlights that the market generated $35.39 billion in 2018 and is estimated to grow at a CAGR of 8.39% during the forecast period, 2018-2023.
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.
In terms of value, the global computer-aided design market is expected to grow at a CAGR of 6.35% during the forecast period 2018-2028.
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 global 3D printing market for automotive and aerospace industry in terms of value was valued at $3.07 billion, which is expected to reach $9.36 billion by 2023 with a Compound Annual Growth Rate (CAGR) of 17.86% during the forecast period 2018-2023.
The global smart & intelligent pumps market in terms of value was estimated at $1,860.0 million in 2017, and is expected to reach $2,741.8 million by 2023, expanding at a CAGR of 6.68% from 2018 to 2023.
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 edge analytics market was estimated to be $2.14 billion in 2017, and is expected to reach $13.44 billion by the end of 2025, registering a CAGR of 22.2% during the forecast period, 2018-2025.
The global logistics and warehouse robot market generated $2,234.3 million in the year 2016.
The global cognitive robotic process automation market is expected to reach $3,620.8 million by 2026. Owing to the growing demand for digital workforce in order to increase efficiency and reduce operating cost in business processes, the global cognitive robotic process automation market is expected to grow rapidly at the CAGR of 60.9% during 2017-2026.
The global 3D printing software and services market is estimated to register a CAGR of 25.2% between 2017 and 2021.
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.
The global CAD market in terms of value is estimated to witness growth at a CAGR of 7.00% between 2017 and 2023. The increasing demand and the growth rate for CAD in the market is attributed to their increasing usage by end-use industries such as automotive, aerospace, industrial machinery,electrical & electronics, pharmaceutical & healthcare, and others.
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.
In terms of percentage share of different types of sensors being extensively used in Internet of Things (IoT) connected devices, pressure sensors accounted for maximum in 2015 of 31.27%.
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.
The global desktop 3D printer market is estimated to reach more than $2.35 billion in terms of revenue and around 2.6 million units in terms of sales volume by 2022. A constant governmental support, decreasing costs, and growing demand of desktop 3D printers from various consumer sectors are some of the key reasons responsible for the rapid growth of this market.
3D Printing technology in India is revolutionizing the conventional manufacturing industry, owing to its huge advantages. The technology allows printing with suitable range of materials in lesser time. The conventional methods which are used to develop models, prototypes or direct parts usually are costlier and time consuming. Heavily weighted components which are usually manufactured by conventio
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 UAV fleet management market is growing fast, driven by tech advances and expanding use in military, surveillance, mapping, and commercial sectors.
Unmanned ground vehicles (UGV) can be termed as any kind of ground vehicles that have autonomous operation capabilities or can be controlled though a remote location without human presence onboard.
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 global digital twin market is projected to grow from $2.66 billion in 2020 to $29.57 billion by 2025, at a CAGR 61.94% 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 global 3D printing software and services market is estimated to register a CAGR of 25.2% between 2017 and 2021.
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.
The global CAD market in terms of value is estimated to witness growth at a CAGR of 7.00% between 2017 and 2023. The increasing demand and the growth rate for CAD in the market is attributed to their increasing usage by end-use industries such as automotive, aerospace, industrial machinery,electrical & electronics, pharmaceutical & healthcare, and others.
The global digital twin market is projected to grow from $2.66 billion in 2020 to $29.57 billion by 2025, at a CAGR 61.94% from 2020 to 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 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.
Robotics & Automation
Robotics and Automation Market & Industry Overview
The robotics and automation industry is experiencing rapid growth as advancements in technology revolutionize various sectors. This industry involves the development, deployment, and application of robotic systems and automated solutions in various industries such as manufacturing, healthcare, logistics, and agriculture. Key players include robotics manufacturers, software developers, and system integrators. The industry aims to increase productivity, efficiency, and safety by automating repetitive tasks, enhancing precision, and enabling human-robot collaboration. With the increasing demand for automation solutions, the robotics and automation industry is poised for significant growth in the coming years.
While highlighting the key driving and restraining forces for this market, the research on unmanned systems market helps provide a detailed study of the different industries, including consumer, commercial, and government & defense. The studies conducted on this market analyzes different applications such as inspection and monitoring, surveying, and mapping. BIS Research provides a variety of market research reports along with reports on robotics market research to help understand how the latest advancements are influencing the market growth.
BIS Research has been tracking the footprints of robotics and the unmanned systems industry and the impact of using robots for a plethora of applications. The report takes a detailed look into the various robotics market trends, technological developments, and competitive benchmarking, among others. With the detailed financial and product contribution of the key players operating in the market, the report highlights the key driving and restraining forces for the robotics market.
Robotics market size is expected to grow by value due to the demand for modernization. To reduce the capital spent on labor, various organizations worldwide are adopting robotics automation in their warehouses. A large number of investments are recorded in the robotics domain due to the increased demand. Rising expenses and labor scarcity is paving the way for non-industrial robotics in the agricultural sector. Robots are proving immensely useful in crop harvesting and picking vegetables and fruits without damaging them.
The robotics and unmanned systems industry is influenced by a number of regional and global players. These factors are prompting the industry stakeholders to adapt to the changing scenario rapidly and seek new opportunities to stay ahead in the competition. The market vendors are focusing on expanding their customer base across foreign countries. The companies are leveraging strategic collaborative initiatives to increase market share and profitability.
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