Global Adaptive Robot Market growing at a CAGR of 25.7% from 2023 to 2031
Category : Semiconductor And Electronics | Published Date : Dec 2023
Key Market Overview
The Global Adaptive Robot Market was valued at USD 5,719.73 Million in 2022, projected to grow by USD 7,059.63 Million in 2023, and is expected to register a compound annual growth rate of 25.7% to reach USD 44,136.47 Million in 2031.
The report highlights the increasing adoption of adaptive robot in food & beverage, healthcare, manufacturing, and other sectors. Consegic Business Intelligence provides an inclusive research report on the adaptive robot market that evaluates multiple factors, such as market size, value, supply chain, regulatory environment, and trends.
Global Adaptive Robot Market By Overview
The report analyses significant segments such as type, component, end-user, and region, to identify emerging trends and potential opportunities. The type segment is expected to grow due to the increasing adoption of adaptive grippers in food & beverage, logistics, retail & e-commerce, and manufacturing sectors among others. Moreover, the rising innovations associated with wearable robots and increasing deployment of wearable robots in healthcare and other industrial sectors is expected to drive the market growth during the forecast period.
Get Free SampleMarket Dynamics
Driver:
- Growing healthcare industry is spurring the market growth.
- Rising utilization of adaptive robot in food & beverage sector is driving the market growth.
Restraints:
- Prevalence of stringent regulations associated with adaptive robot is restraining the market growth.
Market Segmentation:
| Report Attributes | Report Details |
| By Type | Grippers, Wearable Robots, and Others |
| By Component | Hardware and Software |
| By End-User | Retail & E-commerce, Transportation & Logistics, Food & Beverage, Healthcare, Manufacturing, and Others |
| By Region | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Competitive Landscape :
The global adaptive robot market is highly competitive due to the presence of major players such as ROBOTIQ, Siléane, Boston Dynamics, Adaptive Robot Inc., Yaskawa Electric Corporation, and others operating in the global market. The market players are adopting new ways through product innovations, mergers and acquisitions, and business strategies to remain hold strong market position. Thus, evolving research and developments in adaptive robot market are expected to help market players adopt innovative ways of product creation to cater to the growing needs of various industries.
- ROBOTIQ
- Siléane
- Boston Dynamics
- Adaptive Robot Inc.
- Yaskawa Electric Corporation
- Ekso Bionics Holdings Inc.
- Rewalk Robotics Ltd.
- Festo Inc.
- RightHand Robotics Inc.
- Elephant Robotics Technology Co. Ltd.
- Flexiv Ltd