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Future of Robotics to 2030 Market and Beyond - Exclusive Report by MarketsandMarkets™


News provided by

MarketsandMarkets

10 Jan, 2025, 15:15 GMT

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DELRAY BEACH, Fla., Jan. 10, 2025 /PRNewswire/ -- The report "Future of Robotics - Cobots, Humanoid & Soft Robots, Swarm Robotics, by Technology (Artificial Intelligence, Digital Twin, AR/VR, Cloud Computing), Industry (Automotive, Smart Cities, Space Exploration, Logistics, Agriculture) – Global Forecast to 2030 according to a new report by MarketsandMarkets™". The robotics industry is rapidly evolving, driven by technological advancements and market demands. With AI, machine learning, and IoT integration, robots are becoming more autonomous, intelligent, and interconnected. Key trends like human-robot collaboration, advanced automation, and enhanced adaptability will shape the future of robotics, transforming industries and driving efficiency.

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Browse in-depth TOC on "Future of Robotics" 

50- Tables
05 – Figures
60 – Pages

The rise of collaborative robots and their role in transforming the future of robotics

Collaborative robots are revolutionizing robotics by enabling humans and machines to work together seamlessly. Unlike traditional robots that operate in isolation, cobots are designed to collaborate with human workers, improving efficiency and safety across industries. By automating repetitive, dangerous, or physically demanding tasks, cobots free up human workers to focus on higher-value, strategic roles. Recent advancements in AI, machine learning, and sensors have made cobots smarter and more adaptable, allowing them to learn tasks, adjust to new environments, and interact with other machines in real-time. Their flexibility to be quickly reprogrammed for different tasks makes them ideal for dynamic production environments. Equipped with safety features like collision detection and force sensing, cobots work safely alongside humans, fostering safer and more productive workplaces. As key enablers of Industry 4.0, cobots are fully integrated with the Industrial Internet of Things (IIoT), optimizing workflows and enabling data-driven decision-making. Looking beyond 2030, cobots will become even more autonomous, powered by next-gen technologies like 5G and augmented reality, transforming industries and creating human-centric workplaces that drive innovation and productivity.

AI's Revolutionary Influence on Robotics and Its Future Implications

AI is transforming robotics by making systems smarter, more adaptive, and autonomous. It empowers robots to process real-time data, make independent decisions, and optimize workflows, boosting efficiency and reducing errors. AI-driven computer vision enables robots to recognize objects, understand their surroundings, and adjust to dynamic conditions, making them ideal for precision tasks. In manufacturing, robots perform assembly and inspection with unmatched accuracy, while in logistics, they streamline warehouse operations. In healthcare, AI-powered robots assist in surgeries and patient care, ensuring high precision and safety. Collaborative robots (cobots) benefit from AI by interacting safely with humans, adapting to their actions, and ensuring smooth cooperation. AI also advances predictive maintenance, allowing robots to monitor their own performance, detect potential issues, and schedule maintenance to minimize downtime. Additionally, AI enables robots to learn and adapt to specific tasks through machine learning, enhancing flexibility. By embedding intelligence into automation, AI is driving innovation across industries like automotive, aerospace, electronics, and agriculture, creating systems that can handle complex tasks and optimize operations. In the coming years, AI will continue to shape the future of robotics by enabling even more autonomous, intelligent systems that will redefine industries, streamline processes, and create new opportunities for human-robot collaboration, pushing the boundaries of innovation and operational efficiency.

The Impact of AR and VR on Robotics' Future Development

Augmented Reality (AR) and Virtual Reality (VR) are revolutionizing robotics by enhancing design, training, and operational efficiency. AR improves human-robot interaction by overlaying digital information onto real-world environments, allowing for better visualization of robotic systems and optimized workflows. For example, ABB Robotics uses AR to simulate robotic systems before physical construction, reducing costs and development time. In training, VR offers immersive environments where operators can practice without risk, while AR provides real-time guidance during complex tasks. This combination is especially beneficial in hazardous jobs, where VR-controlled robots enable remote operation for enhanced safety. Furthermore, the integration of AR with Artificial Intelligence (AI) enhances robot performance through intuitive controls and feedback, facilitating advanced applications like robot-assisted surgery and navigation. The synergy of AR, VR, and robotics promises to drive significant advancements across industries like healthcare, manufacturing, automotive, aerospace, and logistics, shaping the future of robotics in the years to come.

Humanoid Robots Are Pioneering a New Era in Human-Machine Collaboration.

Humanoid robots are advanced machines designed to replicate human form and behavior, enabling them to perform tasks alongside humans in industries like manufacturing, healthcare, logistics, and retail. Powered by cutting-edge technologies such as AI, mechatronics, and advanced sensors, these robots are engineered to operate in dynamic environments like factories, warehouses, and hospitals. Companies like Tesla, Boston Dynamics, and Agility Robotics are leading the way, investing heavily in AI-powered robots that are becoming increasingly capable and versatile. Tesla has already integrated its Optimus robots into its factory operations, with plans for wider deployment, while Agility Robotics is building a factory in Oregon to produce 10,000 robots annually. The US and China are at the forefront of this revolution, driven by significant investments and rapid technological advancements. Humanoid robots will transform industrial operations as they evolve to become more intelligent, adaptable, and cost-effective. Over the coming years, they will seamlessly integrate into human environments, improving efficiency, safety, and quality of life across sectors, marking the beginning of a new era in robotics.

Swarm robotics will shape the future of automation and efficiency

Swarm robotics is an emerging field inspired by the collective behavior of social insects like ants, birds, and bees. It involves coordinating simple, autonomous robots that work together to accomplish complex tasks. Unlike traditional robots, which are often centrally controlled and sophisticated, swarm robots operate through decentralized control. Each robot makes decisions based on local information, and through simple rules and interactions, the swarm exhibits emergent behavior that allows it to adapt and complete large-scale tasks. This approach offers advantages such as scalability, resilience, and flexibility, making swarm robotics ideal for applications like search and rescue, environmental monitoring, manufacturing, agriculture, and space exploration. The ability of swarm robots to function autonomously and collaborate without central control enables them to operate in challenging environments, such as disaster zones or distant planets. As technology advances, swarm robotics will play a pivotal role in shaping the future of robotics, offering innovative solutions that enhance automation, efficiency, and adaptability across various industries in the coming years.

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Asia-Pacific region is leading the way in robotics innovation

The future of robotics in the Asia-Pacific region is set for significant transformation, driven by rapid industrialization, technological innovation, and strong government support. China's "Made in China 2025" initiative is advancing robotics in manufacturing and healthcare, focusing on automation to boost efficiency and reduce labor costs. Japan's "Society 5.0" strategy is integrating AI and robotics into daily life, particularly in automotive and electronics, with companies like Fanuc and Yaskawa leading in collaborative robots. India is emerging as a key player in service robotics, with a growing number of startups focused on healthcare and domestic automation solutions. The Indian government is supporting this growth through schemes like the "Production Linked Incentive" (PLI) scheme and "Startup India," encouraging innovation and research in robotics. Additionally, initiatives like "Atmanirbhar Bharat" aim to promote self-reliance in technology, fostering the development of affordable, scalable robotic solutions. South Korea's Smart Factory initiative is modernizing manufacturing through AI, while also advancing medical robotics. These nations are collectively reshaping industries, positioning the Asia-Pacific region as a global leader in robotics in the next 5-10 years.

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About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Rohan Salgarkar

MarketsandMarkets™ INC.
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