Intelligent Soft Robotics Market Projected to Expand at 37% CAGR Through 2028

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.

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Strategic Takeaways from the Report:

• Market Sizing and Forecasting
• Regulatory and Policy Influence
• Competitive Trends and M&A Activity
• Innovation Drivers and Disruptive Technologies
• Investment Hotspots and Emerging Niches
• Geographical Dynamics and Trade Flows

Intelligent Soft Robotics Market Segment Overview & Classification

This market is categorized to offer targeted insights across various operational and consumer-related verticals.

Segment List:

By Type

• Collaborative Robots (Co-Robots)
• Inflated Robots
  • Engine Inspection
  • Marine Inspection
  • Space Exploration
  • Radioactive Environment
• Soft Grippers
• Wearable
• Others

Of them all, wearables are gaining traction and are projected to notably contribute to the growth of the Global Intelligent Soft Robotics Market during 2023-28. It owes to the ever-rising utilization of wearables for rehabilitation programs in the healthcare sector to train muscle movements, guide those with a disability, and aid in injury recovery. Wearables are designed with soft & flexible materials that can be worn comfortably by humans to help them with various tasks or enhance their physical abilities.

By End-User

• Healthcare
  • Prosthetics
  • Soft Surgical Robots
• Logistics
• Defense
• Food & Beverage
• Space

Here, the healthcare sector is expected to garner a significant market share during 2023-28, owing to the ever-increasing demand for soft robots in medical & surgical applications drives it. Since soft robots have the advantage of being compliant with natural tissues, they have immense potential to be utilized to perform minimally invasive surgery (MIS), especially microsurgery, as they overcome the limitation of a low degree of freedom. In addition, soft robots can be drug carriers for targeted therapies, particularly cancer diagnosis & treatment.

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
  • Software

By Mobility

• Stationary Soft Robots
• Mobile Soft Robots

By Region

• North America
• Latin America
• Europe
• Middle East & Africa
• Asia-Pacific.

Globally, the Asia-Pacific Intelligent Soft Robotics Market is projected to witness significant growth during 2023-28. It owes to increased R&D efforts in the field, significant technological advancements, and massive investments in robotics & automation. Numerous industries in the region, such as manufacturing, food & beverage, & consumer goods, among others, are showing active interest in soft robots and thus are investing heavily in smart factories, robotics, automation, logistics, & the IIoT (Industrial Internet of Things), contributing to the regional market growth.

These divisions help clarify demand patterns and expected shifts.

Market Driver

Ever-Increasing Adoption of Robotics in the Healthcare Sector: Soft Robots are being broadly utilized, implemented, and researched in the context of improving & technologically boosting the healthcare sector. Multiple achievements of robotic assistance for medical purposes have been driving the intelligent soft robotics market growth. Likewise, the use of wearables or exoskeletons to assist individuals with neurological conditions or physically fragile people is growing at an unprecedented pace, resulting in market participants launching numerous innovative products to assist in rehabilitation & other medical purposes for patients & doctors and consequently expanding the market.

Intelligent Soft Robotics Market Competitive Snapshot from 2023-2028

The report highlights established and emerging players in the global Intelligent Soft Robotics Market, evaluating their strengths, challenges, and potential for innovation.

Key Competitors Include:

• 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.

Their activities include partnerships, product launches, and geographic expansions.

Frequently Asked Questions (FAQs):

• What industries are most impacted by this market?
• How is technology reshaping operations and offerings?
• Which competitors dominate the landscape?
• What risks could disrupt market expansion?
• How should businesses respond to demand fluctuations?

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