AI Robotics - United States

  • United States
  • The market size in the AI Robotics market is projected to reach US$5.64bn in 2024.
  • The market size is expected to show an annual growth rate (CAGR 2024-2030) of 23.93%, resulting in a market volume of US$20.43bn by 2030.
  • In global comparison, the largest market size will be in the United States (US$5,638.00m in 2024).
 
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Analyst Opinion

The AI Robotics Market in the United States is experiencing significant growth, fueled by increasing adoption of digital technologies, rising health awareness among consumers, and the convenience offered by online health services. This considerable growth rate can be attributed to the advancements in AI Service Robotics and AI Industrial Robotics, which are driving the overall market forward and making a positive impact on the industry.

Customer preferences:
There has been a growing interest in the use of AI-powered robots for tasks such as household chores, healthcare, and customer service. This trend is driven by the convenience and efficiency of having robots perform mundane or repetitive tasks, as well as the desire for contactless interactions in the wake of the COVID-19 pandemic. Additionally, the increasing adoption of smart home technology and the rise of the gig economy have also contributed to the demand for AI robotics in the United States market.

Trends in the market:
In the United States, the AI Robotics market is experiencing a surge in demand for autonomous systems, particularly in the manufacturing industry. This trend is driven by the need for increased efficiency and productivity, as well as advancements in AI and sensor technologies. Additionally, there is a growing focus on the development of collaborative robots (cobots) that can work alongside humans, creating new opportunities for human-robot collaboration. This trend is expected to continue in the coming years, with potential implications for industry stakeholders such as increased competition and potential job displacement.

Local special circumstances:
In the United States, the AI Robotics market is thriving due to the country's strong focus on innovation and technological advancements. With a highly skilled workforce and a robust research and development infrastructure, the US is a leader in the development and adoption of AI robotics solutions. Additionally, the country's regulatory environment encourages the growth of the market, with government initiatives and investments in AI technology. The US also has a large consumer base and a strong demand for automation in various industries, further driving the growth of the AI Robotics market.

Underlying macroeconomic factors:
The AI Robotics Market within the Artificial Intelligence Market in the United States is influenced by macroeconomic factors such as technological advancements, government support, and investment in research and development. The country has a strong regulatory framework and robust investment in AI technology, which has propelled market growth. Additionally, the increasing demand for automation and the adoption of AI in various industries, such as healthcare, manufacturing, and finance, are driving the market forward. The country's stable economic health and favorable fiscal policies also contribute to the growth of the AI Robotics Market.

Methodology

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.

Overview

  • Market Size
  • Value
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
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