#Factoftheweek
30%
The robots are here. And they are coming faster than we originally expected.
In fact, new data suggests the global AI robotics market is expected to hit a $94 billion value by 2031, or 30% above the previous expectations, adding $30 billion in value by the end of the decade.
Why?
Good question.
We know the AI robotics market has been bumpy. A boom during the pandemic led to a drop in 2022, then stagnation in 2024—but recovery and growth is coming.
Now, we are seeing rising demand in:
- Consumer applications
- Industrial Applications
Leading regions include:
- United States
- China
- Japan
Keep in mind, we are talking about AI robotics here. AI robotics stand to grow five times faster than the overall robotics industry.
Will there be a rise in robots? Where is the greatest opportunity for growth? What has stalled growth in the past? What will drive growth in the future?