Robotics - Thematic Intelligence

Robotics - Thematic Intelligence
Summary

Robotics is a fast-growing industry. According to GlobalData forecasts, it was worth $63 billion in 2022, and by 2030, it will have grown at a compound annual growth rate (CAGR) of 17% to $218 billion. GlobalData expects the exoskeleton market to see the highest growth rate, followed by logistics.

Science fiction often speculates about robots that are virtually indistinguishable from humans. Yet, the most popular consumer robot is still a vacuum cleaner shaped like a disc. In factories and warehouses, human staff work alongside robots that are incredibly good at performing repetitive and dangerous tasks but do not look or behave like humans. In the future, AI will allow robots to identify human emotions, and the field of soft robotics is developing robots from materials similar to those found in living organisms. There is a chance that one day life will imitate art, and robots will look like people. If and when that happens, societies will face an ethical conundrum: what rights do we give non-human creatures that look like us?

ScopeThis report provides an overview of the robotics theme.It identifies the key trends impacting growth of the theme over the next 12 to 24 months, split into three categories: technology trends, macroeconomic trends, and regulatory trends.It includes comprehensive industry analysis, including forecasts for robotics revenues to 2030. These forecasts are split by robot type (industrial and service).It contains details of M&A deals driven by the robotics theme, and a timeline highlighting milestones in the development of robotics.The detailed value chain shows comprises four core segments: hardware components, software components, robot manufacturing, and robotics as a service. Leading and challenging vendors are identified for sub-categories across all four segments.Reasons to BuyRobotics has a long history, but only relatively recently have conditions aligned to unlock its full potential. This report provides a clear and comprehensive overview of the robotics theme and explains the conditions driving its growth. It also includes details of leading vendors across all aspects of the robotics market, from caged industrial robots and industrial co-bots to consumer robots and drones.