Global Adaptive Robot Market Overview:
Adaptive Robot Market Size was valued at USD 6.9 Billion in 2023. The Adaptive Robot Market industry is projected to grow from USD 8.7 Billion in 2024 to USD 46.6 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 23.25% during the forecast period (2024 - 2032). Rising labour costs and greater desire for automation are the key market drivers enhancing the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Adaptive Robot Market Trends
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The rising demand for automation in various industries propels market growth
Market CAGR for adaptive robot is being driven by the rising demand for automation in various industries. Adaptive robots are meant to collaborate with humans and can perform a variety of activities such as assembly, packing, and inspection. These robots can adapt to their surroundings and do activities that humans might find too risky or difficult. They also assist firms in increasing productivity, lowering labour costs, and improving product quality. The automotive sector has made extensive use of adaptable robots to optimize manufacturing processes and eliminate human error. Adaptive robots are utilized in a wide range of automotive applications, including welding, painting, and assembling. The growing need for adaptive robots in the automotive industry is propelling the Adaptive Robot Market forward.
Another big adopter of adaptable robots is the electronics industry. Surface mount technology, semiconductor manufacturing, and printed circuit board assembly are all examples of where adaptive robots are used. The growing demand for consumer devices such as smartphones, tablets, and laptop computers is propelling the electronics industry forward. Adaptive robots are also being used in the healthcare business to improve patient care and lower healthcare expenses. Adaptive robots are employed in a variety of healthcare settings, including surgery, rehabilitation, and patient monitoring. The growing need for healthcare services as the population ages is propelling the healthcare industry forward.
In the food and beverage industry, there is an increasing demand for robots. Food and beverage applications for adaptive robots include packaging, sorting, and inspection. These robots assist enterprises in increasing productivity, lowering labour costs, and improving product quality.
For instance, ABB Group has created a robotic system capable of assembling sandwiches at a rate of 12 sandwiches per minute. The system is capable of handling various varieties of bread, cheese, meat, and veggies, and it can be programmed to make sandwiches based on customer preferences. The growing demand for adaptive robots in the food and beverage industries is propelling the Adaptive Robot Market forward. The demand for adaptive robots is likely to rise further as the food and beverage industry expands.
Adaptive Robot Market Segment Insights:
Adaptive Robot Technology Insights
The Adaptive Robot Market segmentation, based on Technology includes Vision & Sensors, Learning, Perception, & Speech Recognition, Mobility & Navigation. The adaptive robot market is dominated by the mobility and navigation segment. Adaptive robots with mobility and navigation capabilities are employed in a wide range of applications, including logistics, healthcare, and defence. These robots are outfitted with sensors, cameras, and algorithms that allow them to explore their surroundings and carry out tasks.
Adaptive Robot Computing Location Insights
The Adaptive Robot Market segmentation, based on Computing Location, includes On-Board, On-Cloud. The on-board segment has the biggest market share. On-board adaptable robots are intended to operate in a given environment and to do specified tasks. These robots are utilized in a variety of industries, including industry, healthcare, and defence. Sensors, actuators, and controllers on board the adaptive robots allow them to adapt to their surroundings and complete tasks.
Figure1: Adaptive Robot Market, by Computing Location, 2022&2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Adaptive Robot Application Insights
The Adaptive Robot Market segmentation, based on application, includes Industrial Robot, Consumer Robot, Logistics Robot, and Service Robot. During the projection period, service robot segment is expected to hold a significant market share. Service robots are designed to help people by performing valuable tasks on their behalf. Due to high labour costs, a lack of trained personnel, and growing awareness of service applications, demand for service robots in defence, healthcare, and agriculture drives service robot growth. Thomas Jefferson University Hospital, for example, uses adaptive robots to enable remote access to medicine while reducing patient transfer rates. The hospital uses InTouch Health's RP-Vita, an adaptive patient-care robot that blends the latest autonomous navigation and mobility technologies with telemedicine technology.
Adaptive Robot End-User Insights
The Adaptive Robot Market segmentation, based on end-user, includes Automotive, Aerospace, Electronics, Food & Beverage, Healthcare, Retail, BFSI, Travel & Transportation, Education, and Entertainment. The automotive category is predicted to have the largest market share of the Global Adaptive Robotics Market due to different applications such as handling, assembling, and welding that are completely automatic and do not require much time or precision work.
Adaptive Robot Regional Insights
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American Adaptive Robot Market area will dominate this market, because of the strong demand for personal assistance robots and collaborative industrial robots, as well as large investments.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure2: Adaptive Robot Market SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe Adaptive Robot Market accounts for the second-largest market share due to increasing the deployment of robots among SMEs and major organizations. Further, the German Adaptive Robot Market held the largest market share, and the UK Adaptive Robot Market was the fastest growing market in the European region
The Asia-Pacific Adaptive Robot Market is expected to grow at the fastest CAGR from 2023 to 2032. This is because of the significant investment in establishing a fully automated industrial base in order to boost production efficiency, innovating robotics research and development. Moreover, China’s Adaptive Robot Market held the largest market share, and the Indian Adaptive Robot Market was the fastest growing market in the Asia-Pacific region.
Adaptive Robot Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Adaptive Robot Market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Adaptive Robotindustry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global Adaptive Robot industry to benefit clients and increase the market sector. In recent years, the Adaptive Robot industry has offered some of the most significant advantages to medicine. Major players in the Adaptive Robot Market, including Robert Bosch GmbH (Germany), Yaskawa Motoman (U.S), Huawei Technologies Co. Ltd. (China), Google, Inc. (U.S), and Toyota Motor Corporation (Japan) and others, are attempting to increase market demand by investing in research and development operations.
Boston Dynamics is an engineering and robotics design firm based in Boston, Massachusetts, that was created in 1992 as a spin-off from the Massachusetts Institute of Technology. Boston Dynamics, headquartered in Waltham, Massachusetts, has been owned by the Hyundai Motor Group since December 2020, however the acquisition was officially completed in June 2021. Boston Dynamics creates a line of dynamic, highly mobile robots such as BigDog, Spot, Atlas, and Handle. Spot has been commercially accessible since 2019, making it Boston Dynamics' first commercially available robot, while the company has declared its intention to commercialize other robots as well, including Handle. In 2021, Boston Dynamics has announced the release of Stretch, a new robot. The robot is intended to automate warehouse and distribution centre box movement activities.
ABB Ltd. is a global Swedish-Swiss enterprise headquartered in Zürich, Switzerland. ASEA Brown Boveri was created in 1988 when Sweden's Allmänna Svenska Elektriska Aktiebolaget (ASEA) and Switzerland's Brown, Boveri & Cie amalgamated to form ASEA Brown Boveri, afterwards abbreviated to ABB. Both firms were founded in the late 1800s and were major makers of electrical equipment, a business in which ABB is still involved today. Since then, the company has grown into robotics and automation technology. In 2020, ABB Group has announced the release of its latest IRB 1300 robot. The robot is intended for use in the food and beverage industries for high-speed pick and place tasks.
Key Companies in the Adaptive Robot market include
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Fanuc (Japan)
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KUKA AG (Germany)
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Rethink Robotics (U.S)
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Siléane (France)
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iRobot Corporation (U.S)
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Robert Bosch GmbH (Germany)
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Yaskawa Motoman (U.S)
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Huawei Technologies Co. Ltd. (China)
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Google, Inc. (U.S)
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Toyota Motor Corporation (Japan)
Adaptive Robot Industry Developments
In February 2023, Flexiv displayed its newest adaptive robotic solutions at ATX West 2023, one of the leading annual events in North America on automation and design technology. Flexiv robots demonstrated material removal, assembly, material handling, dispensing and even ball balancing.
In February 2023, Universal Robots and Yaskawa Motoman have teamed up with Rapid Robotics, a Robotics as a Service (RaaS) company to enhance the process of robot deployment in an accelerated manner throughout the United States. United Kingdom acquires India-based chemical company Briar Chemicals in 2022.The acquisition will help expand business into all sectors. Cefex would now become a global partner in agrochemical business.
In 2021, Boston Dynamics released Stretch –a new robot–that yearned to automate warehouse and box distribution operations.
In March 2021, Norwegian University of Oslo researchers came up with Dyret — a four-legged robot that could adjust the length of its legs and walking gait while going through various surfaces.
China's adaptive robots manufacturer Flexiv raised more than $100M during a series B funding round held in January 2021.
November 2021, Scientists from Norway University created Dyret, a four lakh robot that can alter its walking pace and leg length on the fly as it approaches the surface.
Adaptive Robot Market Segmentation:
Adaptive Robot Market By Technology Outlook
Adaptive Robot Market By Computing Location Outlook
Adaptive Robot Market By Application Outlook
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Industrial Robot
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Consumer Robot
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Logistics Robot
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Service Robot
Adaptive Robot Market By End-User Outlook
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Automotive
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Aerospace
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Electronics
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Food & Beverage
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Healthcare
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Retail
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BFSI
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Travel & Transportation
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Education
Adaptive Robot Regional Outlook
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Germany
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France
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UK
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Italy
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Spain
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Rest of Europe
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China
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Japan
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India
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Australia
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South Korea
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Australia
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Rest of Asia-Pacific
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Middle East
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Africa
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Latin America
| Report Attribute/Metric |
Details |
| Market Size 2023 |
USD 6.9 Billion |
| Market Size 2024 |
USD 8.7 Billion |
| Market Size 2032 |
USD 46.6 Billion |
| Compound Annual Growth Rate (CAGR) |
23.25% (2024-2032) |
| Base Year |
2023 |
| Market Forecast Period |
2024-2032 |
| Historical Data |
2018- 2022 |
| Market Forecast Units |
Value (USD Billion) |
| Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered |
Technology, Computing Location, Application, End-User and Region |
| Geographies Covered |
North America, Europe, AsiaPacific, and the Rest of the World |
| Countries Covered |
The US, Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled |
Fanuc (Japan), KUKA AG (Germany), Rethink Robotics (U.S), Siléane (France), iRobot Corporation (U.S), Robert Bosch GmbH (Germany), Yaskawa Motoman (U.S), Huawei Technologies Co. Ltd. (China), Google, Inc. (U.S), and Toyota Motor Corporation (Japan) |
| Key Market Opportunities |
Adaptive robots can play a critical role in industrial applications by integrating technologies such as vision and sensing, speech recognition, deep learning, and mobility and navigation. |
| Key Market Dynamics |
increasing industrial deployment 4.0significant investment by key players in adaptive robot research and development |
Adaptive Robot Market Highlights:
Frequently Asked Questions (FAQ) :
The Adaptive Robot Market size was valued at USD 6.9 Billion in 2023.
The global market is projected to grow at a CAGR of 23.25% during the forecast period, 2024-2032.
North America had the largest share in the global market
The key players in the market are Robert Bosch GmbH (Germany), Yaskawa Motoman (U.S), Huawei Technologies Co. Ltd. (China), Google, Inc. (U.S), and Toyota Motor Corporation (Japan).
The mobility and navigation category dominated the market in 2022.
The on-board had the largest share in the global market.
