Key Facts
- The global AI robotics market is projected to reach USD 124.77 billion by 2030, growing at 38.5% CAGR from 2024.
- AI-powered robots helped reduce workplace injuries by 1.2 per worker where robot density increased by 1.34 per 1,000 workers.
- The hardware segment, including sensors and physical components, held 60.1% of the AI robotics market share in 2023.
- Global stock of operational robots reached 3.9 million units in 2024, reflecting rapid industrial automation adoption worldwide.
- Unplanned downtime in automotive parts manufacturing costs an estimated US$1.3 million per hour, driving demand for predictive AI.
- The U.S. AI robots market is expected to grow from USD 5.30 billion in 2024 to USD 38.90 billion by 2034.
- Generative AI now enables natural language programming of robots, reducing reliance on specialized coding skills for automation.