Programmable Robots Market Analysis

Global Programmable Robots Market Overview:

Programmable Robots Market Size was valued at USD 1.2 billion in 2023. The Programmable Robots market industry is projected to grow from USD 1.495 Billion in 2024 to USD 4.2 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 13.78% during the forecast period (2024 - 2032). 

Using programmable robots in the educational sector helps students develop their skills in fundamental subjects, including science, technology, engineering, and math, which are the key market drivers enhancing market growth.

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Programmable Robots Market Trends

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  Technological advancements in robotics drives the market growth

  
  

Market CAGR for the global market for programmable robots is expanding due to developing robotics technology, ongoing advancements in artificial intelligence technology, and the introduction of deep learning systems. Due to their adaptability, which allows them to be used for any task, programmable robots are expected to see an increase in demand in the future. 

Programmable robots are being used for various tasks, including housecleaning, as administrative assistants, and in other end-use sectors. In the military, these programmable robots are also key tools for finding and eliminating hazardous objects like armed bombs.

The market expansion in this industry sector is anticipated to be accelerated by the rising popularity of activity-based learning. From elementary schools to graduate colleges, which have been including robotics-driven courses in their curricula, the revolution of programmable robotics has significantly altered the character of education at all levels. To comprehend the demand for robots in the educational sector better, several manufacturers are engaging in extensive R&D operations. 

Fischertechnik offered a learning environment to comprehend research, teaching, and development at universities, businesses, IT departments, and Industry 4.0 applications in vocational schools and training. New items should also accelerate market expansion.

In 2020, it was planned to release Luka the Owl, a new programmable robot that uses AI to read to young children from a database of 50,000 books. Robots are an effective tool to increase the fun factor of STEM (Science, Technology, Engineering, and Mathematics) education for children, from remote control robot operation to Python programming to design problems. 

Thanks to programmable robots, kids may learn meaningfully by connecting what they are studying and the real world. The International Federation of robots (IFR) projects that by 2022, there will be an $11.5 billion worldwide market for home consumer robots.

Rising domestic consumer robotics demand and increased use of programmable robots for teaching and learning are a few factors expected to propel market expansion over the projected period. However, the main obstacle to the market's expansion is the high initial cost of the robot's creation. Moreover, the lack of awareness in emerging nations is projected to hamper the market's expansion. Thus, driving the Programmable Robots market revenue.

Programmable Robots Market Segment Insights:

Programmable Robots Application Insights

The Programmable Robots Market segmentation, based on application, includes education, entertainment, gaming, media, research institutes, and schools & universities. The education segment dominated the market in 2022. Robots that can be programmed are also used for media entertainment and games. Robots for home entertainment enhance human-robot interaction. Humanoid robots, Robo cats, and Robo dogs are equipped with sensors and vision care so they may interact with humans, play games, and compete. The key players in the market for programmable robots are also playing a significant role in the technology industry.

Programmable Robots Component Insights

The Programmable Robots Market segmentation, based on components, includes hardware, software, programmable platform, PC interface, and sensors. The software category generated the most income (36%). Autonomous robots normally carry out tasks without them unless a task specifically calls for human engagement. Many of these robots come with software and other useful tools that enable them to detect obstructions in their way and steer clear of rooms, hallways, and other surroundings. Complex delivery robots may be designed to navigate multi-story buildings utilizing elevators independently.

Figure 1: Programmable Robots Market, by Component, 2022 & 2032 (USD billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Programmable Robots Regional Insights

By Region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American market area will dominate this market. One of the key factors shaping the industry in the area is anticipated to be the demography and new dynamics in the education sector. One of the key factors influencing the industry is the emergence of interactive learning courses.

Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2: Programmable Robots Market SHARE BY REGION 2022 (%)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Europe Programmable Robots market accounts for the second-largest market share. Palletizing systems are employed by several end-use industries, including those in the pharmaceutical, chemical, personal care, and cosmetics sectors. Palletizers are perfect for end-line packaging of food and beverage goods because of their low price, compact design, and high throughput rate. Further, the German Programmable Robots market held the largest market share, and the UK Programmable Robots market was the fastest growing market in the European region

The Asia-Pacific Programmable Robots Market is expected to grow at the fastest CAGR from 2023 to 2032. The elderly population of the country is moving toward adopting programmable robots in the consumer sector. Moreover, China’s Programmable Robots market held the largest market share, and the Indian Programmable Robots market was the fastest growing market in the Asia-Pacific region.

For instance, Singapore is widely renowned for being the global financial hub. The nation is currently working hard to establish itself as a robotics pioneer. The nation has a wide variety of resources for robotics research. A recent analysis found that Singapore, with 918 robots per 10,000 employees, had the greatest robot density in 2019.

Programmable Robots Key Market Players & Competitive Insights

To boost yields from an acre of arable land, the Leading market players in the Programmable Robots industry are investing considerably in their R&D departments. Prominent market leaders also put much effort into market developments changes, including the introduction of new products, contract negotiations, mergers and acquisitions, increased investments, and cooperation with other businesses. The market leaders are also concentrating on lowering their operational expenses to increase their profit margins further.

The worldwide giants in the global Programmable Robots industry strive to smoothen their supply chains more to strengthen their footprint. The industry leaders in Programmable Robots industry have offered consumers a range of goods recently. Major players in the Programmable Robots market include, iRobot Corporation, The LEGO Group, RobotShop Inc., Bossa Nova Robotics, Honda Motor Co. Ltd, and Wowwee Group Ltd.

Toyota Motor Corporation is a global Japanese automaker with its main offices in Toyota City, Aichi, Japan. Kiichiro Toyoda established it and became a corporation on August 28, 1937. One of the biggest automakers in the world, Toyota produces around 10 million automobiles annually. The business was first established as a subsidiary of Toyota Industries, a manufacturer of machines that Kiichiro Toyoda's father, Sakichi Toyoda, created. 

The Toyota Group, one of the biggest corporations in the world, now includes both businesses. The business created its first item, the Type A engine, in 1934 when it was still a division of Toyota Industries, and its first passenger automobile, the Toyota AA, in 1936.

An American technology business called iRobot Corporation creates and manufactures consumer robots. Three researchers from MIT's Artificial Intelligence Lab, who created robots for military defense and space exploration, started the company in 1990. The firm sells a variety of self-driving floor sweepers (Braava), vacuum cleaners for the house (Roomba), and other cleaning tools. On August 5, 2022, Amazon said it intended to buy iRobot for US$1.7 billion. 

The FTC must yet approve the arrangement on a national level. This was not provided right away, and the FTC requested further information from both businesses in September 2022 due to worries about Amazon's market dominance and the privacy issues of its learning about consumer floorplans.

Key Companies in the Programmable Robots market include

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  iRobot Corporation

  
  


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  The LEGO Group

  
  


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  RobotShop Inc.

  
  


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  Bossa Nova Robotics

  
  


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  Honda Motor Co. Ltd

  
  


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  Wowwee Group Ltd

  
  


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  SuperDroid Robots Inc.

  
  


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  Fischertechnik GmbH

  
  


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  Evolution Robotics

  
  


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  Sphero

  
  


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  Toyota Motor Corporation

  
  


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  Yujin Robot Co. Ltd.

  
  


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  SoftBank Robotics

  
  


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  Ozobot & Evollve Inc.

  
  


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  Robobuilder Co. Ltd.

  
  


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  Rouge Robotics

  
  


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  VEX Robotics

  
  

Programmable Robots Industry Developments

July 2024: BOLT+ promises an improved STEM learning experience with enhanced features, sensors, and coding abilities designed for next-level teaching that results in next-level learning starting from July 2024. Sphero, Inc., the leader in educational robots and supporting standards-aligned curriculum, announced the launch of BOLT+, the next evolution of its top-selling robot used by thousands of schools worldwide. BOLT+ is designed for educators looking to offer enriched hands-on learning experiences in STEM, computer science, core curriculum classes, and more. It’s built for fun and lastingness, making it perfect for educators or students at any programming level.

June 2022: STEAM robots have been promising to make kids more interested in science, technology, engineering, and math (STEAM). The market is flooded with products from hardcore robotics geeks and their imitators. While many have fallen by the wayside, one company coming out of China shows that investor interest hasn’t waned, at least not yet. Keyi Technology just raised “tens of millions of dollars” in a new funding round. Featuring Google’s visual drag-and-drop programming language called Blockly, ClicBot claims it can be assembled into thousands of different forms.

March 2022: A robot that can identify plant illnesses is presently being created by the Advanced Institute of Science and Technology (ASTI), which will aid farmers in boosting crop production. To spot unhealthy plants in the early phases of an outbreak, an artificial intelligence (AI) robot is initially put to use at a banana plantation.

Programmable Robots Market Segmentation:

Programmable Robots Application Outlook

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  Education

  
  


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  Entertainment

  
  


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  Gaming

  
  


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  Media

  
  


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  Research Institutes

  
  


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  Schools & Universities

  
  

Programmable Robots Component Outlook

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  Hardware

  
  


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  Software

  
  


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  Programmable platform

  
  


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  PC interface

  
  


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  Sensors

  
  

Programmable Robots Regional Outlook

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  North America

  
  

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    US

    
    
  
  
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    Canada

    
    
  
  
  
  

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  Europe

  
  
  
  
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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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  Asia-Pacific

  
  
  
  
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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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  Rest of the World

  
  
  
  
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    Middle East

    
    
  
  
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    Africa

    
    
  
  
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    Latin America