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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Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.
Most recent update: Mar 2024
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 Japan is experiencing rapid growth due to factors such as increasing adoption of AI technologies, rising demand for AI-powered healthcare and industrial robotics, and the convenience offered by online services. This substantial growth can be attributed to Japan's advanced technology infrastructure and strong government support for AI development.
Customer preferences: Consumers in Japan are highly receptive to the integration of AI robotics in their daily lives, particularly in the healthcare and elderly care sectors. With a rapidly aging population, there is a growing demand for innovative solutions that can support independent living and alleviate the burden on caregivers. This has led to a rise in the adoption of AI-powered assistive devices, such as smart walkers and companion robots, that can provide companionship and assistance with daily tasks. Additionally, there is a cultural preference for non-intrusive and respectful care, making AI robotics a favorable option for elderly care in Japan.
Trends in the market: In Japan, the AI Robotics market is experiencing a surge in demand for smart robots in various industries, such as manufacturing and healthcare. These robots are equipped with advanced AI capabilities, including natural language processing and machine learning, to perform complex tasks with high precision and efficiency. This trend is expected to continue, driven by the country's aging population and need for automation. Additionally, the rise of social robots for companionship and customer service is gaining momentum, providing new business opportunities for AI robotics companies. This trend has significant implications for industry stakeholders, as it presents opportunities for cost savings, improved productivity, and enhanced customer experience. However, it also raises concerns about job displacement and ethical considerations in the use of AI in robotics.
Local special circumstances: In Japan, the AI Robotics market is heavily influenced by the country's aging population and declining workforce. This has led to a strong demand for robotic solutions in industries such as healthcare, manufacturing, and retail. The Japanese government has also been promoting the use of AI and robots through initiatives like the Robot Revolution Initiative, further driving market growth. Additionally, Japan's strong cultural emphasis on efficiency and precision has made it a leader in the development and adoption of advanced AI technologies.
Underlying macroeconomic factors: The AI Robotics Market within the Artificial Intelligence Market in Japan is heavily impacted by macroeconomic factors such as technological advancements, government support, and investment in infrastructure. Japan's strong economic stability and focus on innovation have created a favorable environment for the growth of the AI Robotics Market. Additionally, the country's aging population and high demand for automation in various industries have further propelled the market growth. The government's initiatives to promote AI technology and increase funding for research and development also play a significant role in driving the market forward.
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: Sep 2024
Source: Statista Market Insights