Dublin, April 11, 2018 (GLOBE NEWSWIRE) -- The "Artificial Intelligence (AI) Robots Market by Robot Type (Service, Industrial), Offering (GPU, MPU), Technology (Machine Learning, Computer Vision), Application (Public Relations, Stock Management), and Geography - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The Ai in aviation market is expected to grow from USD 3.49 billion in 2018 to USD 12.36 billion by 2023, at a CAGR of 28.78% during the forecast period.
The high adoption of robots for personal use, such as companionship and entertainment; and support from governments worldwide to develop modern technologies are the key factors responsible for the growth of the AI in robots market. However, reluctance to adopt new technologies and absence of standardized regulations to prevent risks associated with networked and autonomous robots are the key factors restraining the growth of the AI in robots market.
The AI in robots market for stock management applications is expected to grow at a high rate during the forecast period. High penetration rate of e-commerce giants, such as Amazon, Walmart, and Alibaba, worldwide is one of the main factors contributing to the high growth of the AI in robots market for stock management applications.
Machine learning methods are particularly applicable when it comes to powering new insights within the robotics industry because the data sets are large and diverse, and they change quickly. Also, machine learning is required for voice recognition, voice search, recommendation engines, sentiment analysis, image recognition, and motion detection applications in smart robots. This is a key factor driving the growth of the AI in robots market for machine learning.
North America is expected to hold the second-largest share of the AI in robots market in 2018. This is because, the US is a global leader in adopting AI technology for robots for use in multiple application areas. In addition, several prominent AI technology providers such as IBM, Alphabet, Microsoft, NVIDIA, Intel, Facebook, MetaMind, Tute Genomics, Amazon, Celect, Bay Sensors, Narrative Science, and Prism Skylabs are based in the US. However, the market in APAC is expected to grow at the highest rate between 2018 and 2023.
Major players in the AI in robots market are SoftBank (Japan), Hanson Robotics (China), NVIDIA (US), Intel (US), Microsoft (US), IBM (US), Alphabet (US), Harman International Industries (Samsung) (US), Xilinx (US), ABB (Switzerland), FANUC (Japan), KUKA (a subsidiary of Midea Group) (Germany), Amazon (US), Blue Frog Robotics (France), Promobot (Russia), Jibo (US), ASUS (Taiwan), Mayfield Robotics (US), BSH Hausgerte (Germany), and LG (South Korea).
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Market Opportunities in the Artificial Intelligence (AI) Robots Market
4.2 AI Robots Market, By Robot Type and Offering
4.3 AI Robots Market, By Technology
4.4 AI Robots Market in APAC, By Application and Country
4.5 AI Robots Market, By Country
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 High Adoption of Robots for Personal Use Such as Companionship and Entertainment
5.2.1.2 Support From Governments Worldwide to Develop Modern Technologies
5.2.2 Restraints
5.2.2.1 Reluctance to Adopt New Technologies
5.2.2.2 Absence of Standardized Regulations to Prevent Risks Associated With Networked and Autonomous Robots
5.2.3 Opportunities
5.2.3.1 Focus on Developing Robots With Special Application Cases That Work and Add Value
5.2.3.2 Increasing Aging Population Worldwide Boosting the Demand for AI-Based Robots for Elderly Assistance
5.2.4 Challenges
5.2.4.1 Developing AI to Help Robots Make Better Decisions and Make Them Safe for Humans
5.2.4.2 Long Time to Commercialize Robots
5.3 Value Chain Analysis
6 Artificial Intelligence (AI) Robots Market, By Offering
6.1 Introduction
6.2 Software
6.2.1 AI Solutions
6.2.2 AI Platforms
6.3 Hardware
6.3.1 Processors
6.3.2 Storage Devices
6.3.3 Network Devices
7 Artificial Intelligence (AI) Robots Market, By Robot Type
7.1 Introduction
7.2 Service Robots
7.2.1 Ground
7.2.2 Aerial
7.2.3 Underwater
7.3 Industrial Robots
7.3.1 Traditional Industrial Robots
7.3.1.1 Articulated Robots
7.3.1.2 Scara Robots
7.3.1.3 Parallel Robots
7.3.1.4 Cartesian Robots
7.3.1.5 Other Robots
7.3.2 Collaborative Industrial Robots
8 Artificial Intelligence (AI) Robots Market, By Technology
8.1 Introduction
8.2 Machine Learning
8.3 Computer Vision
8.4 Context Awareness
8.5 Natural Language Processing
9 Artificial Intelligence (AI) Robots Market, By Application
9.1 Introduction
9.2 Military & Defense
9.2.1 Spying
9.2.2 Search and Rescue Operations
9.2.3 Border Security
9.2.4 Combat Operations
9.3 Law Enforcement
9.3.1 Road Patrolling
9.3.2 Riot Control
9.4 Personal Assistance and Caregiving
9.4.1 Elderly Assistance
9.4.2 Companionship
9.4.3 Security and Surveillance
9.5 Public Relations
9.5.1 Reception Care at Commercial Places
9.5.2 Tour Guidance
9.6 Education and Entertainment
9.6.1 Education
9.6.2 Entertainment
9.7 Research and Space Exploration
9.8 Industrial
9.9 Agriculture
9.10 Healthcare Assistance
9.11 Stock Management
9.12 Others
10 Geographic Analysis
11 Competitive Landscape
11.1 Introduction
11.2 AI Robots Market Ranking Analysis, 2017
11.3 Competitive Situations and Trends
11.3.1 Product Launches
11.3.2 Partnerships and Collaborations
11.3.3 Acquisitions
11.3.4 Contracts and Agreements
11.3.5 Expansions
12 Company Profiles
- ABB
- Alphabet
- Amazon
- Asustek Computer
- Blue Frog Robotics
- Bsh Hausgerte
- Fanuc
- Hanson Robotics
- Harman International Industries
- IBM
- Intel
- Jibo
- Kuka
- LG
- Mayfield Robotics
- Microsoft
- Neurala
- Nvidia
- Promobot
- Softbank
- Xilinx
For more information about this report visit https://www.researchandmarkets.com/research/r4mmt8/artificial?w=12