The inspection robots market is projected to grow from $940 million in 2020 to $13.9 billion by 2030, driven by automation and AI advancements.
Growth of the market is majorly driven by rise in adoption of automation in industrial manufacturing. In addition, robot end effectors majorly find their application in the automobile industry; thus, expansion of the automotive industry is expected to boost growth of the inspection robots market.
The inspection robots market size was valued at $940.0 million in 2020, and is expected to reach $13.9 billion by 2030, registering a CAGR of 30.9% from 2021 to 2030.
Ability of the inspection robots to reach places that are not visible to human eyes majorly drive the inspection robots market. In addition, use of inspection robots avoid workers to reach out to dangerous places just to inspect the equipment or the manufacturing process. Moreover, data collection and storage by inspection robots is faster and accurate than manual recording. These are the factors that lead to growth of the inspection robots market around the world.
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Furthermore, adoption of IoT in inspection robots can make them more advanced and increase their efficiency by integrating Artificial Intelligence (AI). Such advancements are anticipated to open new avenues for the inspection robots market.
Top 10 Market Players
Key Market Segments
By Robot Type
By Testing Type
By End User
By Region
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The main topic is the growth and future projections of the inspection robots market, expected to reach $13.9 billion by 2030.
The market growth is driven by increased automation in manufacturing and the use of AI and IoT in inspection robots.
Key players include Eddyfi Technologies, Gecko Robotics, and Universal Robots, among others.
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