AI Robots Market is poised to reach approximately USD 37.10 Billion Registering a 32.2% CAGR by 2027 – Report by Market Research Future (MRFR)

Future Insights

According to MRFR analysis, the global AI Robots market is expected to register a CAGR of ~ 32.2% from 2021 to 2027 and hold a value of over ~USD 37.10 Billion by 2027.

AI robotics is currently the most advanced form of robotics technology that we know of. The market for AI robots is expected to grow steadily in the coming years due to widespread support from both the public and government institutions. AI Robots can perform a wide range of tasks and their applications are becoming increasingly diverse as new uses are discovered.

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Regional Analysis

North America is currently leading the way in robotics technology and is also a major financial power in the world. Automation will become more advanced in the future, as robots will be able to learn from their surroundings and experiences, all thanks to sensors, natural language processing technologies, and the ability to predict and avoid failures. Asia-Pacific is growing in the AI robot market due to an increase in the adoption of these technologies in fields such as safety and retail.

AI Robots Market Report Scope: 

Market Segmentation

The global AI Robots market has been segmented into offering, technology, and application.

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Based on the offering, the market has been segmented into hardware and software. The hardware segment is projected to grow at the highest rate during the forecast period. A large amount of data is processed by ML algorithms, confirming that artificial intelligence technologies like robotics can be deployed effectively.

Based on technology, the market has been segmented into Machine Learning, Context Awareness, Natural Language Processing, and Context Awareness. Machine learning is the branch of training and optimization methods that enable machines to learn from data and perform specific tasks.

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Key Players

Some of the key market players are NVIDIA ABB Intel Microsoft Alphabet IBM Harman International Industries Xilinx Fanuc Kuka Amazon Blue Frog Robotics Promobot Softbank Hanson Robots Mayfield Robotics Neurala LG Asustek Computer Jibo.

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