By Type (Collaborative Robots [Co-Robots], Inflated Robots, Soft Grippers, Wearable, Others), By End-User (Healthcare, Logistics, Defense, Food & Beverage, Space), By Component (Hardware, [Actuators,... ... rdware, [Actuators, Sensors, Controls], Software), By Mobility (Stationary Soft Robots, Mobile Soft Robots), By Region (North America, Latin America, Europe, Middle East & Africa, Asia-Pacific), By Company (Cyberdyne Inc., Ekso Bionics Holdings Inc., Empire Robotics, Inc., F&P Personal Robotics, FANUC CORPORATION, Franka Emika GmbH, GLI Technology Limited, Piab AB, QB Robotics, ReWalk Robotics, Inc., RightHand Robotics, Inc., Rolls-Royce Holdings plc, Soft Robotics, Inc., Suzhou Rochu Robotics Co., Ltd, SynTouch, Inc., Ubiros) Read more
- ICT & Electronics
- Aug 2023
- 232
- PDF, Excel, PPT
Market Definition
Intelligent Soft Robotics is a sub-segment of robots that enable re-programmable, multipurpose, & flexible systems that can smartly link sensing action. They are systems specifically designed and manufactured from materials with mechanical properties similar to living tissues. They allow the operator or end-users to combine tissue engineering to manufacture the hybrid systems used for healthcare applications & other sectors.
Market Insights & Analysis: Global Intelligent Soft Robotics Market (2023-28)
The Global Intelligent Soft Robotics Market size was valued at USD 783.86 million in 2022 and is projected to grow at a CAGR of around 37% during the forecast period, i.e., 2023-28. The ever-evolving automation trends in various industries, such as automotive, healthcare, logistics, manufacturing, aviation, food & beverage, space exploration, agriculture, defense, rehabilitation, & household sectors, among others, to increase productivity while maintaining workforce safety and reducing production costs, are the prime factors driving the intelligent soft robotics market growth.
Among all end-user verticals, the healthcare sector, where delicate & complex tasks require precise performance, is a significant growth area for the intelligent soft robotics market and is poised to create a plethora of opportunities for the leading industry players in the coming years. Active research and continuous innovations & development toward advancing soft robots to meet the specific requirements of various industries also indicate substantial market expansion for intelligent soft robotics in the forecast years.
| Report Coverage | Details |
|---|---|
| Study Period | Historical Data: 2018-21 |
| Base Year: 2022 | |
| Forecast Period: 2023-28 | |
| CAGR (2023-2028) | 37% |
| Regions Covered | North America: USA, Canada |
| Europe: Germany, The U.K., Sweden, Switzerland, Italy, Others, | |
| Asia-Pacific: China, India, Japan, South Korea, Australia, Other | |
| Latin America: Brazil | |
| Middle East & Africa: Saudi Arabia, South Africa, Other | |
| Key Companies Profiled | Cyberdyne Inc., Ekso Bionics Holdings Inc., Empire Robotics, Inc., F&P Personal Robotics, FANUC CORPORATION, Franka Emika GmbH, GLI Technology Limited, Piab AB, QB Robotics, ReWalk Robotics, Inc., RightHand Robotics, Inc., Rolls-Royce Holdings plc, Soft Robotics, Inc., Suzhou Rochu Robotics Co., Ltd, SynTouch, Inc., Ubiros |
| Market Value (2022) | USD 783.86 million |
Soft robots hold immense potential to revolutionize industrial processes and enhance efficiency while enabling cost-effective production, leading to a strong global economy. Advancements in materials & production techniques have resulted in the development of highly sophisticated & durable soft robots with better performance, amplifying their adoption in research & industrial applications.
The integration of AI & ML (Machine Learning) capabilities has enabled these machines to learn & improve their actions based on real-world experiences, i.e., particularly beneficial in tasks, such as robotic prosthetics & autonomous vehicles. Several manufacturers are actively working toward developing efficient, self-powered, soft assistive, & autonomous robots to cater to the varied demands of these industries. The leading players like Walmart, Amazon, & Costco, among others, are realizing the value of soft robots in operations like warehouse management, further creating the demand for these machines and spurring the intelligent soft robotics industry growth.
Global Intelligent Soft Robotics Market Research Report (2023-2028) - Table of Contents
- Introduction
- Product Definition
- Research Process
- Assumptions
- Market Segmentation
- Preface
- Executive Summary
- Impact of COVID-19 on Global Intelligent Soft Robotics Market
- Global Intelligent Soft Robotics Market Trends & Insights
- Global Intelligent Soft Robotics Market Dynamics
- Drivers
- Challenges
- Impact Analysis
- Global Intelligent Soft Robotics Market Hotspots & Opportunities
- Global Intelligent Soft Robotics Market Value Chain Analysis
- Global Intelligent Soft Robotics Market Regulations & Policy
- Global Intelligent Soft Robotics Market Outlook, 2018- 2028F
- Market Size & Analysis
- By Value
- By Volume
- Market Share & Analysis
- By Type
- Collaborative Robots (Co-Robots)
- Inflated Robots
- Engine Inspection
- Marine Inspection
- Space Exploration
- Radioactive Environment
- Soft Grippers
- Wearable
- Others
- By End-User
- Healthcare
- Prosthetics
- Soft Surgical Robots
- Logistics
- Defense
- Food & Beverage
- Space
- Healthcare
- By Component
- Hardware
- Actuators
- PneuNets Bending Actuators
- Fiber-Reinforced Actuators
- Pneumatic Artificial Muscles
- SDM Fingers
- Dielectric Elastomer Actuators
- Combustion-Driven Actuators
- Multi-Module Variable Stiffness Manipulator
- Tunable Segmented Soft Actuators
- Hot Glue Kit
- HPN Manipulator
- Foam-Based Soft Actuators
- Knit Textile Bending Actuators
- Sensors
- EGaIn Sensors
- TakkTile Sensors
- Smart Braids
- TacTip
- Pneumatic Deformation Sensors
- ConTact Sensors
- Controls
- Control Board
- SOFA Framework
- Electro-Pneumatic Circuit
- Modeling and Manufacturing Systems
- Modeling
- Modeling and Design Toll for Soft Pneumatic Actuators
- Laser Cutting
- 3D Printing
- 3D Silicon Printer
- Parametric Tool to Generate 3D Printable PneuNet Bending Actuator Molds
- Miscellaneous
- Actuators
- Software
- Hardware
- By Mobility
- Stationary Soft Robots
- Mobile Soft Robots
- By Region
- North America
- Latin America
- Europe
- Middle East & Africa
- Asia-Pacific
- By Competitors
- Competition Characteristics
- Market Share & Analysis
- Competitive Matrix
- By Type
- Market Size & Analysis
- North America Intelligent Soft Robotics Market Outlook, 2018-2028F
- Market Size & Analysis
- By Value
- By Volume
- Market Share & Analysis
- By Type
- By End User
- By Component
- By Mobility
- By Country
- The US
- Canada
- The US Intelligent Soft Robotics Market Outlook, 2018-2028F
- Market Size & Analysis
- By Value
- By Volume
- Market Share & Analysis
- By Type
- By End User
- Market Size & Analysis
- Canada Intelligent Soft Robotics Market Outlook, 2018-2028F
- Market Size & Analysis
- By Value
- By Volume
- Market Share & Analysis
- By Type
- By End User
- Market Size & Analysis
- Market Size & Analysis
- Latin America Intelligent Soft Robotics Market Outlook, 2018-2028F
- Market Size & Analysis
- By Value
- By Volume
- Market Share & Analysis
- By Type
- By End User
- By Component
- By Mobility
- By Country
- Brazil
- Others
- Brazil Intelligent Soft Robotics Market Outlook, 2018-2028F
- Market Size & Analysis
- By Value
- By Volume
- Market Share & Analysis
- By Type
- By End Use
- Market Size & Analysis
- Market Size & Analysis
- Europe Intelligent Soft Robotics Market Outlook, 2018-2028F
- Market Size & Analysis
- By Value
- By Volume
- Market Share & Analysis
- By Type
- By End User
- By Component
- By Mobility
- By Country
- Germany
- The U.K.
- Sweden
- Switzerland
- Italy
- Others
- Germany Intelligent Soft Robotics Market Outlook, 2018-2028F
- Market Size & Analysis
- By Value
- By Volume
- Market Share & Analysis
- By Type
- By End User
- Market Size & Analysis
- The U.K. Intelligent Soft Robotics Market Outlook, 2018-2028F
- Market Size & Analysis
- By Value
- By Volume
- Market Share & Analysis
- By Type
- By End User
- Market Size & Analysis
- Sweden Intelligent Soft Robotics Market Outlook, 2018-2028F
- Market Size & Analysis
- By Value
- By Volume
- Market Share & Analysis
- By Type
- By End User
- Market Size & Analysis
- Switzerland Intelligent Soft Robotics Market Outlook, 2018-2028F
- Market Size & Analysis
- By Value
- By Volume
- Market Share & Analysis
- By Type
- By End User
- Market Size & Analysis
- Italy Intelligent Soft Robotics Market Outlook, 2018-2028F
- Market Size & Analysis
- By Value
- By Volume
- Market Share & Analysis
- By Type
- By End User
- Market Size & Analysis
- Market Size & Analysis
- Middle East & Africa Intelligent Soft Robotics Market Outlook, 2018-2028F
- Market Size & Analysis
- By Value
- By Volume
- Market Share & Analysis
- By Type
- By End User
- By Component
- By Mobility
- By Country
- Saudi Arabia
- South Africa
- Others
- Saudi Arabia Intelligent Soft Robotics Market Outlook, 2018-2028F
- Market Size & Analysis
- By Value
- By Volume
- Market Share & Analysis
- By Type
- By End Use
- Market Size & Analysis
- South Africa Intelligent Soft Robotics Market Outlook, 2018-2028F
- Market Size & Analysis
- By Value
- By Volume
- Market Share & Analysis
- By Type
- By End Use
- Market Size & Analysis
- Market Size & Analysis
- Asia Pacific Intelligent Soft Robotics Market Outlook, 2018-2028F
- Market Size & Analysis
- By Value
- By Volume
- Market Share & Analysis
- By Type
- By End User
- By Component
- By Mobility
- By Country
- India
- China
- Japan
- South Korea
- Others
- India Intelligent Soft Robotics Market Outlook, 2018-2028F
- Market Size & Analysis
- By Value
- By Volume
- Market Share & Analysis
- By Type
- By End Use
- Market Size & Analysis
- China Intelligent Soft Robotics Market Outlook, 2018-2028F
- Market Size & Analysis
- By Value
- By Volume
- Market Share & Analysis
- By Type
- By End Use
- Market Size & Analysis
- Japan Intelligent Soft Robotics Market Outlook, 2018-2028F
- Market Size & Analysis
- By Value
- By Volume
- Market Share & Analysis
- By Type
- By End Use
- Market Size & Analysis
- South Korea Intelligent Soft Robotics Market Outlook, 2018-2028F
- Market Size & Analysis
- By Value
- By Volume
- Market Share & Analysis
- By Type
- By End Use
- Market Size & Analysis
- Market Size & Analysis
- Key Strategic Imperatives for Success and Growth
- Competition Outlook
- Competition Matrix
- Product Portfolio
- Target Markets
- Target End Users
- Research & Development
- Strategic Alliances
- Strategic Initiatives
- Company Profiles
- Cyberdyne Inc.
- Ekso Bionics Holdings Inc.
- Empire Robotics, Inc.
- F&P Personal Robotics
- FANUC CORPORATION
- Franka Emika GmbH
- GLI Technology Limited
- Piab AB
- QB Robotics
- ReWalk Robotics, Inc.
- RightHand Robotics, Inc.
- Rolls-Royce Holdings plc
- Soft Robotics, Inc.
- Suzhou Rochu Robotics Co., Ltd
- SynTouch, Inc.
- Ubiros
- Competition Matrix
- Disclaimer
MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:
1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.
2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.
3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.
4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making