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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Market Insights report
NOTES: Data was converted from local currencies using average exchange rates of the respective year.
MOST_RECENT_UPDATE: Mar 2024
SOURCE: Statista Market Insights
NOTES: Data was converted from local currencies using average exchange rates of the respective year.
MOST_RECENT_UPDATE: Mar 2024
SOURCE: Statista Market Insights
The AI Robotics market in the D-A-CH region is experiencing significant growth, driven by factors such as increasing adoption of digital technologies, rising demand for AI-powered robotics in service and industrial sectors, and the convenience and efficiency offered by these advanced solutions. The market's substantial growth rate is influenced by the growing need for automation and efficiency in various industries, as well as the continuous advancements in AI and robotics technologies.
Customer preferences: With the rapid advancements in AI technology, the D-A-CH region has seen a surge in demand for AI-powered robotics solutions across various industries. Consumers are increasingly adopting intelligent robots for tasks ranging from household chores to industrial automation. This trend is driven by a growing preference for efficiency and convenience, as well as the need to reduce human error and labor costs. Additionally, the rise of smart homes and the integration of AI into everyday life have also contributed to the growth of the AI robotics market in the region.
Trends in the market: In the D-A-CH region, the AI Robotics market is experiencing a surge in the use of collaborative robots, also known as cobots, in manufacturing processes. These robots are designed to work alongside humans, performing repetitive and dangerous tasks, increasing efficiency and safety. In addition, there is a growing trend towards the use of AI-powered robots in logistics and warehousing, streamlining operations and reducing costs. This trajectory towards increased automation and integration of AI in robotics has significant implications for industry stakeholders, such as increased productivity and cost savings. However, it also raises concerns about job displacement and the need for reskilling and upskilling workers in this evolving landscape.
Local special circumstances: In D-A-CH, the AI Robotics Market is heavily influenced by the region's strong focus on precision engineering and automation. The market has seen significant growth due to the region's robust manufacturing industry, with AI robotics being utilized for tasks such as quality control and assembly line optimization. Furthermore, the D-A-CH countries have strict regulations and high standards for safety and reliability, which have further driven the market for AI robotics. Additionally, the region's cultural emphasis on efficiency and innovation has also contributed to the rapid adoption of AI robotics in various industries.
Underlying macroeconomic factors: The AI Robotics Market within the Artificial Intelligence Market is heavily influenced by macroeconomic factors such as technological advancements, government regulations, and investment in research and development. Countries with supportive regulatory environments and high levels of investment in AI technology are experiencing significant growth in the market. Additionally, the increasing demand for automation and the rise of Industry 4.0 are driving the adoption of AI robotics in various industries, contributing to the growth of the market.
NOTES: Data was converted from local currencies using average exchange rates of the respective year.
MOST_RECENT_UPDATE: Mar 2024
SOURCE: Statista Market Insights
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.
NOTES: Based on data from IMF, World Bank, UN and Eurostat
MOST_RECENT_UPDATE: Jan 2025
SOURCE: Statista Market Insights
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