Global Soft Robotics Market Outlook, 2029

The Global Soft Robotics Market is estimated at USD 6.53 billion in 2029 , driven by Rising Automation Needs.

According to publisher, Here is the Global Soft Robotics Market Report. Market Insights The global soft robotics market is on a sharp growth trajectory, expected to reach USD 6.53 billion by 2029 at a CAGR of 34.45%. This is driven by several factors: Versatility of Soft Robots: Unlike traditional rigid robots, soft robots mimic biological systems using flexible materials. This allows them to navigate delicate environments, grasp fragile objects, and adapt to uneven surfaces. For instance, soft grippers in food processing can handle fruits and vegetables without bruising them. Rising Automation Needs: Across industries, the demand for automation is surging. Soft robots offer a safer and more collaborative alternative to traditional robots, particularly in tasks involving human interaction. For example, soft exoskeletons are being developed to assist workers in physically demanding jobs, reducing strain and injury risks. COVID-19 Impact: The pandemic has amplified the need for automation and touchless solutions. Soft robots can perform tasks in hazardous or hard-to-reach environments, minimizing human exposure to risks.

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Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globally

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Market Dynamics The soft robotics market is driven by several positive forces: Growing Investments in R&D: Technological advancements in materials science, actuation, and control systems are constantly improving the capabilities of soft robots. Increased investments in R&D by research institutions and private companies are fueling innovation. Government Support: Governments worldwide are recognizing the potential of soft robotics and providing support through grants and funding programs. This incentivizes research and development, accelerating market growth. Growing Adoption in New Applications: Beyond traditional applications like manufacturing and assembly, soft robots are finding applications in healthcare, agriculture, and disaster response. For instance, soft robots are being developed for minimally invasive surgery and rehabilitation therapy. Market Segments The global soft robotics market can be segmented based on: Type: Soft grippers, cobots (collaborative robots), inflatable robots, and exoskeletons are the major types. Exoskeletons are expected to hold the largest market share due to their growing use in healthcare and manufacturing. Components: Hardware (grippers, sensors, actuators) and software (control systems, programming interfaces) are the key components. End-Use: Healthcare, manufacturing, food & beverage, logistics, and agriculture are the primary end-use sectors. The healthcare sector is expected to witness significant growth due to the potential of soft robots in minimally invasive surgery and rehabilitation. Regional Analysis The Asia Pacific region is expected to be the fastest-growing market due to factors like: Rapid industrialization and growing automation needs Government support for robotics development Large pool of skilled engineers and scientists North America and Europe are also major markets with established players and high investments in R&D. Key Developments The soft robotics market is witnessing continuous advancements: Self-healing materials: Researchers are developing soft robots made from materials that can heal themselves after minor damage, increasing their durability and lifespan. Biomimetic design: Soft robots are being inspired by nature, with designs mimicking the movement and functionality of animals like octopuses and snakes. Integration with AI: Artificial intelligence is being integrated with soft robots to improve their decision-making capabilities and adaptability to complex environments. Competitive Landscape

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Manmayi Raval

Manmayi Raval

Research Consultant

The soft robotics market is a dynamic space with a mix of established players and emerging startups: Established players include: Bayer (Germany), Festo (Germany), and McKesson (US) Emerging players include: Soft Robotics Inc. (US), Embodied (US), andpneuForce (Germany) These companies are constantly innovating and developing new soft robot solutions for various applications. Conclusion The global soft robotics market is on the cusp of significant growth. With increasing automation needs, technological advancements, and rising investments, soft robots are poised to revolutionize various industries.

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Manmayi Raval

Table of Contents

  • Table Of Contents
  • Figures And Tables
  • Part 1. Introduction
  • 1.1 Description
  • 1.2 Objectives Of The Study
  • 1.3 Market Segment
  • 1.4 Years Considered For The Report
  • 1.5 Currency
  • 1.6 Key Target Audience
  • Part 2. Research Methodology
  • 2.1 Primary Research
  • 2.2 Secondary Research
  • Part 3. Executive Summary
  • Part 4. Market Overview
  • 4.1 Introduction
  • 4.2 Drivers
  • 4.3 Restraints
  • Part 5. Global Soft Robotics Market By Application
  • 5.1 Human-Machine Interface And Interaction
  • 5.2 Locomotion And Exploration
  • 5.3 Manipulation
  • 5.4 Healthcare
  • 5.5 Rehabilitation And Wearable Robots
  • Part 6. Global Soft Robotics Market By Region
  • 6.1 North America
  • 6.2 Europe
  • 6.3 Asia-Pacific
  • 6.4 Mea (Middle East And Africa)
  • 6.5 Latin America
  • Part 7. Company Profiles
  • 7.1 Abb Ltd.
  • 7.2 Bioservo Technologies Ab
  • 7.3 Ekso Bionics Holdings Inc.
  • 7.4 Festo Ag & Co. Kg
  • 7.5 Rewalk Robotics Ltd.
  • 7.6 Righthand Robotics Inc.
  • 7.7 Roam Robotics
  • 7.8 Soft Robotics Inc.
  • 7.9 Yaskawa Electric Corporation
  • Disclaimer

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Global Soft Robotics Market Outlook, 2029

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