The latest report by MarkNtel Advisors, titled “Intelligent Soft Robotics Market Report 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, Sensors, Controls], Software), By Mobility (Stationary Soft Robots, Mobile Soft Robots), other and Region 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on the Intelligent Soft Robotics Market research report.
What is the market outlook for Intelligent Soft Robotics?
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.
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Major Companies Operating in the Intelligent Soft Robotics Industry:
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
Intelligent Soft Robotics Market Report Segmentation:
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
By Mobility
-Stationary Soft Robots
-Mobile Soft Robots
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Regional Insights:
- 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
Global Intelligent Soft Robotics Market Possible Restraint: Expensive Installation & Maintenance of Soft Robots
Since the field of soft robots is yet at its developmental stage, i.e., more production of robots and fewer launches in the market, the growth of the intelligent soft robotics market during 2023-28 might be hindered by the high cost associated with the production, installation, & maintaining such machines. This, combined with lesser awareness about soft robots in numerous sectors where they are applicable, is another aspect that might diminish the demand for these devices by eliminating the chances of mass production.
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