AI Robotics - Benelux | Statista Market Forecast

The market size in the AI Robotics market is projected to reach US$302.00m in 2024.
The market size is expected to show an annual growth rate (CAGR 2024-2030) of 25.08%, resulting in a market volume of US$1.16bn by 2030.
In global comparison, the largest market size will be United States (US$5.64bn in 2024).

Definition:

Artificial intelligence robotics refers to the field that combines artificial intelligence (AI) and robotics and aims to develop intelligent machines capable of performing tasks autonomously. These robots are equipped with AI algorithms and techniques that enable them to perceive, learn, reason, and make decisions in real time. By integrating AI into robotics, these intelligent machines can adapt to dynamic environments, interact with humans, and carry out complex tasks. These developments pave the way to a wide range of applications in areas such as manufacturing, healthcare, exploration, and assistance, with the goal of enhancing efficiency, productivity, and human-machine collaboration.

Structure:

The Artificial Intelligence (AI) Robotics market consists of two components. One of them is AI Service Robotics, which includes the development, manufacturing, and deployment of robotic systems designed for consumer-facing applications. The other one is AI Industrial Robotics, which encompasses the development, manufacturing, and deployment of autonomous machines and robotic systems for use in industrial settings, such as manufacturing plants, warehouses, and logistics operations.

Additional Information:

The market comprises two key performance indicators: market sizes and market sizes by industry. Market sizes are generated by the funding amount of Artificial Intelligence (AI) Robotics companies. Key players of the market include companies such as Boston Dynamics, ABB, and Fanuc.

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Service robots such as social robots, cleaning robots
Industrial robots such as collaborative robots, automated guided vehicles

Non-artificial Intelligence applications of process automation, such as batch processing and scheduling, which do not involve machine learning or cognitive automation.

The AI Robotics market in the Benelux region is experiencing significant growth, driven by factors such as the increasing adoption of digital technologies, growing awareness of the benefits of AI in healthcare, and the convenience of online services. The market's substantial growth rate can be attributed to the demand for AI Service and Industrial Robotics, as well as the advancements in technology and favorable government initiatives.

Customer preferences: Consumers in the Benelux region are showing a growing interest in AI-powered robotics, particularly in the industrial and healthcare sectors. This is driven by the need for automation and efficiency in manufacturing processes, as well as the demand for advanced medical technologies. Additionally, there is a cultural emphasis on sustainability and environmental responsibility, leading to a rise in the use of AI robots for tasks such as waste management and energy efficiency. These preferences are also influenced by the aging population in the region, creating a demand for robots that can assist with eldercare and home maintenance for older adults. Overall, the increasing adoption of AI robotics in Benelux reflects a shift towards technological advancements and a desire for convenience and cost-effectiveness.

Trends in the market: In the Benelux region, the AI Robotics market is experiencing a surge in demand for collaborative robots, or cobots, in manufacturing and healthcare industries. These cobots are equipped with advanced AI capabilities, allowing them to work alongside humans and perform complex tasks with high precision. This trend is expected to continue, with cobots projected to become a key component of Industry 4.0 in the coming years. This has significant implications for industry stakeholders, as it offers opportunities for increased efficiency, cost savings, and improved worker safety. Additionally, the rise of cobots is driving the need for more advanced AI technologies and skilled professionals in the region, creating new avenues for growth and innovation.

Local special circumstances: In the Benelux region, the AI Robotics Market within the Artificial Intelligence Market is influenced by the strong focus on sustainability and innovation. This has led to a high demand for intelligent robots in industries such as agriculture and logistics. Additionally, the strict regulations on data privacy and security have fostered the development of advanced AI solutions that comply with these laws. The region's close proximity to other European countries also allows for easy collaboration and knowledge sharing, further driving the growth of the AI Robotics Market in the Benelux.

Underlying macroeconomic factors: The AI Robotics Market within the Artificial Intelligence Market in Benelux is influenced by various macroeconomic factors including technological advancements, government policies, and economic stability. With the region's strong focus on innovation and technology, favorable regulatory environment, and high investment in research and development, the market is experiencing rapid growth. Additionally, the growing demand for automation and efficiency in industries such as manufacturing, healthcare, and logistics is driving the adoption of AI robotics solutions. Furthermore, the stable economic conditions and robust fiscal policies in Benelux are creating a conducive environment for market growth.

Data coverage: The data encompasses B2B, B2G, and B2C enterprises. Figures are based on the funding values from different industries for the market.

Modeling approach / Market size:Market sizes are determined through a top-down approach with a bottom-up validation, building on a specific rationale for each market. As a basis for evaluating markets, we use annual financial reports, funding data, and third-party data. In addition, we use relevant key market indicators and data from country-specific associations such as GDP, number of internet users, number of secure internet servers, and internet penetration. This data helps us estimate the market size for each country individually.

Forecasts:In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited to forecast digital products and services due to the non-linear growth of technology adoption. The main drivers are the level of digitalization, the number of secure internet servers, and the revenue of the Public Cloud market.

Additional Notes: The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russian-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the market is updated on an ad-hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). Data from the Statista Consumer Insights Global survey is weighted for representativeness.

This report presents a comprehensive analysis and additional information on the Technology market, in a PDF format.

Artificial intelligence evokes images of supercomputer assistants, machines that can think creatively, and, to some, scenes from their favorite sci-fi movie. The reality, despite not being as futuristic, is not far off from this. AI refers to the ability of a computer or machine to mimic the competencies of the human mind, which often learns from previous experiences to understand and respond to language, decisions, and problems. The market for AI technologies is vast, amounting to around 200 billion U.S. dollars in 2023 and is expected to grow well beyond that to over 1.8 trillion U.S. dollars by 2030.

Artificial intelligence (AI), the technology that allows digital computers or computer-controlled robots to perform tasks more commonly associated with intelligent beings, has been leaping into the limelight following the release of a wide variety of Generative AI models in 2023. The United States, being the largest economy in the world, has a natural advantage. Although human-like androids such as those portrayed in the science fiction movie Blade Runner are still far from reality, applications of AI such as smartphone virtual assistants and industrial robots are already widespread in U.S. society. The industry’s powerful ability to improve efficiency and increase productivity has made it of strategic importance to U.S. industries and government, both of which push the U.S. lead in the AI race.

AI Robotics - Benelux

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