Global Soft Robotics Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Type;

Soft Grippers, Co-Robot, Inflated Robots, Wearable Robots, Edible Robots and Others.

By End Use;

Medical And Healthcare, Food And Beverages, Logistics, Entertainment & Gaming, Automotive, Survey & Exploration and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn076427135 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global Soft Robotics Market (USD Million), 2020 - 2030

In the year 2023, the Global Soft Robotics Market was valued at USD 1,058.93 million. The size of this market is expected to increase to USD 8,305.42 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 34.2%.

The global soft robotics market is experiencing robust growth, driven by advancements in materials science, manufacturing technologies, and the increasing demand for versatile and adaptable robotic systems across various industries. Soft robotics represents a paradigm shift from traditional rigid robots, offering robots that are made from flexible materials such as silicone, elastomers, and textiles. These soft robots mimic the characteristics of biological organisms, enabling them to interact with complex environments, handle delicate objects, and perform tasks with precision and dexterity. As a result, soft robotics has emerged as a disruptive technology with applications ranging from healthcare and manufacturing to agriculture and exploration.

One of the primary drivers fueling the growth of the global soft robotics market is the versatility and adaptability of soft robotic systems. Unlike traditional rigid robots, which are often limited in their capabilities and agility, soft robots can deform, stretch, and conform to their surroundings, allowing them to navigate confined spaces, interact with irregular objects, and perform tasks in unstructured environments. This flexibility makes soft robotics well-suited for applications such as minimally invasive surgery, warehouse automation, and search and rescue operations, where traditional robots may struggle to operate effectively.

Moreover, the increasing adoption of soft robotics across industries is opening up new opportunities for innovation and collaboration. Researchers, engineers, and businesses are exploring novel applications and pushing the boundaries of soft robotics technology, driving advancements in materials, sensors, actuators, and control systems. Collaborations between academia and industry are leading to the development of new soft robotic prototypes, commercial products, and solutions that address specific industry needs and challenges. As soft robotics continues to mature and evolve, the global market is poised for continued growth and transformation, offering new possibilities for automation, efficiency, and safety across a wide range of applications and industries.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By End Use
    3. Market Snapshot, By Region
  4. Global Soft Robotics Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Versatility and Adaptability of Soft Robots
        2. Increasing Demand for Minimally Invasive Surgery
        3. Growth in E-commerce and Warehouse Automation
      2. Restraints
        1. Complexity of Design and Manufacturing
        2. Limited Payload and Grip Strength
        3. Challenges in Standardization and Integration
      3. Opportunities
        1. Expansion in Healthcare and Medical Applications
        2. Adoption in Food and Beverage Industry
        3. Exploration of Unstructured Environments
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Soft Robotics Market, By Type, 2022 - 2032 (USD Million)
      1. Soft Grippers
      2. Co-Robot
      3. Inflated Robots
      4. Wearable Robots
      5. Edible Robots
      6. Others
    2. Global Soft Robotics Market, By End Use, 2022 - 2032 (USD Million)
      1. Food And Beverages
      2. Logistics
      3. Entertainment & Gaming
      4. Automotive
      5. Survey & Exploration
      6. Others
    3. Global Soft Robotics Market, By Geography, 2022 - 2032 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Universal Robots A/S
      2. FANUC Corporation
      3. Techman Robot
      4. ABB Ltd.
      5. KUKA AG
      6. AUBO Robotics Inc.
      7. Yaskawa Electric Corporation
      8. Kawasaki
      9. Rethink Robotics
      10. ReWalk Robotics Ltd
  7. Analyst Views
  8. Future Outlook of the Market

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