The autonomous robots market is a rapidly growing industry that includes a wide range of robots designed to operate autonomously, without human intervention. These robots can be used in a variety of applications, including manufacturing, healthcare, logistics, defense, and agriculture, among others. The autonomous robots market is estimated to reach valuation of US$ 2,561.0 Million in 2023 and will top US$ 6,175.0 Million by 2033, growing with a CAGR of around 9.2% from 2023-2033.
The market is being driven by factors such as increasing demand for robots in various industries due to their ability to increase efficiency, reduce costs, and improve safety. Additionally, advancements in artificial intelligence and machine learning technologies are enabling robots to become more intelligent and capable of performing complex tasks. The market is segmented based on type, application, and region. The major types of autonomous robots include unmanned aerial vehicles (UAVs), unmanned ground vehicles (UGVs), unmanned surface vehicles (USVs), and unmanned underwater vehicles (UUVs). The major applications of autonomous robots include manufacturing, healthcare, logistics, defense, and agriculture.
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North America is expected to hold the largest share of the autonomous robots market, followed by Europe and Asia Pacific. This is due to the presence of several key players in the region and the increasing adoption of robots in various industries.
Key Takeaways from Market Study
The autonomous robots market is segmented into four regions: North America, Europe, Asia Pacific, and Rest of the World. North America is expected to hold the largest share of the market, followed by Europe and Asia Pacific. This is due to the presence of several key players in the region and the increasing adoption of robots in various industries. The United States is a major contributor to the growth of the autonomous robots market in North America, as it is home to some of the leading companies in the industry, such as Boston Dynamics, iRobot Corporation, and NVIDIA Corporation.
Europe is also expected to see significant growth in the autonomous robots market due to the increasing demand for robots in manufacturing and healthcare industries. Germany, France, and the United Kingdom are the major contributors to the growth of the market in Europe, as they are home to several leading players in the industry, such as KUKA AG, ABB Ltd., and Siemens AG.
Asia Pacific is expected to be the fastest-growing region in the autonomous robots market, driven by increasing investments in research and development and the adoption of robots in various industries, particularly in China, Japan, and South Korea. The region is also home to several leading companies in the industry, such as DJI, FANUC Corporation, and Yaskawa Electric Corporation.
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- ABB has shown its first line of fully autonomous mobile robots after purchasing the mobile robot business ASTI Mobile Robotics in 2021.
- A robot that can identify plant illnesses and aid farmers in increasing yields will be developed by The Advanced Institute of Science and Technology (ASTI) by 2022. In order to spot unhealthy plants in the early phases of an outbreak, an artificial intelligence (AI) robot is initially put to use at a banana plantation.
Key Companies Profiled
- AMS, Inc.
- ANYbotics AG
- Augean Robotics, Inc.
- BlueSkye Automation
- Clearpath Robotics, Inc.
- Fetch Robotics
- MHS Global
- Mouser Electronics, Inc.
- Move Robotic Sdn Bhd
- Skydio, Inc.
- Teradyne Inc.
- Waypoint Robotics Inc.
Segmentation of Autonomous Robots Industry Research
- By Type :
- Collaboration Robots
- Inventory Transportation Robots
- Scalable Storage Picking Robots
- Automatically Guided Vehicles (AGV)
- By Technology :
- By Payload :
- Less than 500 kg
- 500 -1000 kg
- 1000-1500 kg
- 1500 -2000kg
- Above 2000 kg
- Autonomous Robots Market by Application :
- Material handling
- By End-Use Industry :
- Aerospace and Defense
- Chemicals & Materials
- Electrical & Electronics
- Food and Beverage
- Mining & Oil & Gas
- Retail & e-Commerce
- Logistics & Warehousing
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