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Explore the latest trends and actionable insights on the Artificial Intelligence market to inform business strategy and pinpoint opportunities and risks

AI-enabled Robots – Physically Embodied Artificial Intelligence Agents

Industry: Technology, Media and Telecom
Current: Thematic Indicators

The market size of the robotics industry grew from $45.3 billion in 2020 to $52.9 billion in 2021
Industrial robots and service robots are the two segments of AI-enabled robots
Robotic humans are extensively used in industries such as education, manufacturing, and automobiles

Artificial intelligence (AI) is a machine's ability to carry out tasks performed by human beings. The technological advancements in AI resulted in the development of AI-enabled robots. These robots collaborate with humans and learn from their environment. The AI-enabled robots anticipate and adapt to specific situations based on the interpretation of data from an array of sensors. These robots collaborate with humans in factories and provide support in various industries, including healthcare, retail, automotive, and electronic. According to GlobalData, the AI-enabled robotics industry was valued at $45.3 billion in 2020, which increased to $52.9 billion in 2021 and grew 16.7% YoY.

The AI-enabled robots are divided into the two following categories:

Industrial robots that work in factories to automate parts of the manufacturing process
Service robots that assist humans in executing dull, dirty, repetitive, or dangerous jobs

Companies using AI Robots

Ocado, the first pure-play online grocery store in the UK, deployed AI-enabled robots to enhance the efficiency of its business process. Ocado’s facility in Andover processes 65,000 orders a week using battery-operated robots. Scaled Robotics, a construction company, uses artificially intelligent robots to collect and organize data into visual maps and identify errors or structural inaccuracies.

Robotic Humans

Robotic humans are extensively used for personal assistance, space exploration, education and entertainment, manufacturing, automobiles, healthcare services, and other activities. For instance, human robot Sophia shows human-like expressions and interacts with people. Sophia, developed by Hanson Robotics, is used for research, education, and to promote the future of robotics. Robot Maria was shown in a science fiction film produced in Germany in 1927. ABB Robotics, a company providing robots, machine automation, and digital services, shipped more than 500,000 robot solutions.

Robotic vacuum cleaner

Vacuum cleaners have become intelligent with the deployment of AI technology. Shark AI robot is a robotic vacuum cleaner that incorporates modern automation features. The user can configure the device to operate across various cleaning modes, schedule learning sessions, or create virtual boundary lines.

Explore the latest trends and actionable insights on the Artificial Intelligence market to inform business strategy and pinpoint opportunities and risks Explore the latest trends and actionable insights on the Artificial Intelligence market to inform business strategy and pinpoint opportunities and risks Visit Report Store