Topic: robotics industry
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Robotics Market to Hit $205.5 Billion by 2030
The global robotics market is projected to grow from $90.2 billion in 2024 to $205.5 billion by 2030, driven by diverse applications and a 15% CAGR. Fastest-growing segments include exoskeletons (38% CAGR), drones (19% CAGR), and logistics robots (18% CAGR), with service robots remaining the domi...
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SoftBank Bets $5.4 Billion on AI-Powered Robotics
SoftBank is investing $5.4 billion to acquire ABB's robotics division, marking a major return to robotics and expanding its automated systems portfolio despite past setbacks like the Pepper robot. The acquisition strengthens SoftBank's position in industrial robotics and aligns with founder Masay...
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AI Companion Robots: The Future of Pets and Partners
A new trend in robotics focuses on creating AI companions designed for emotional connection and presence, rather than for performing specific practical tasks. Examples include interactive desk buddies, mobile companion robots, and robotic pets that use AI to offer personality, comfort, and social...
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