The global Smart Robot market is projected to grow at a CAGR of 20.5% to reach USD 76.4 Bn from 2023 to 2032. Smart robots are equipped with advanced technologies such as artificial intelligence, machine learning, and IoT sensors, enabling them to perform tasks autonomously and interact with their environment intelligently. The growing trend of industrial automation to streamline production processes and the rise in demand for AI-powered personal assistants in homes are key factors driving the market’s growth. Additionally, the increasing adoption of collaborative robots (cobots) that can work alongside humans safely is opening new opportunities for smart robot manufacturers.
