With technology making its way into our daily lives, programmable robots are being used across diverse applications. Continuing advancement in artificial intelligence and emergence of deep learning systems is driving the global programmable robots market. Though programmable robots are designed to accomplish certain tasks, they are still dependent on the user's operating and programming skills. Programmable robots range from simple wheeled robots to remote-controlled or PC-controlled robots to complex robots such as humanoids.
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Growing Demand for Robotic Toys and Robotic Pets to Propel Global Programmable Robots Market
The global programmable robots market is expected to be boosted by the increased adoption of robotic kits across research and education sectors along with the availability of open-source platforms. The decreasing price of robots owing to the decline in prices of robotic components such as actuators, sensors, and others will drive the overall market in near future. The market is witnessing an increasing demand for robotic toys and robotic pets. This will further augment the market growth. However, the market will be negatively impacted by the increasing cost of various programmable robot kits that help practitioners in learning how to read the data from a sensor, program a robotic arm, a flying drone, or build an autonomous robot.
Programmable Robots Enhancing Coding Skills of Students
On the basis of components, the global programmable robots market has been categorized into software and hardware. The demand for software component in programmable robots will increase in future with the extensive usage of programming language in the robots.
In terms of application, the global programmable robots market is majorly driven by demand from research, entertainment, and education sectors. In the education sector, programmable robots are utilized to enhance coding skills of the students. Recently, the technology startup firm Wonder Workshop has developed a pair of programmable robots called Dot and Dash to teach children about computer programming. Some of the programmable robots are used to clean homes and business areas, while others are used across industries. In the defense sector, robots are of great help for locating and destroying explosives. Programmable robots are being used in the automotive sector as well. For instance, Google's self-driving cars are expected to revolutionize the global programmable robots market in the near future.
Asia Pacific to Evolve as Fastest Growing Market for Programmable Robots
The global programmable robots market has been segmented into five key regions: Middle East and Africa, Latin America, North America, Asia Pacific, and Europe. North America is the largest market for programmable robots. However, in the next couple of years Asia Pacific will exhibit lucrative prospects for the market with the growing demand for programmable robots in countries such as China, India, and Japan.
Some of the key players in the global programmable robots market are RobotShop Inc., Aldebaran Robotics SAS, Lego Group, Innovation First International Inc., Bossa Nova Robotics Inc., RoboBuilder Co. Ltd., Romotive, Inc., WowWee Group Limited, Yujin Robot Co., Ltd., Honda Motor Co. Ltd., and Orbotix, Inc. The key players as well as startup firms are focusing on the technological advancements to accommodate the requirements of customers while increasing the durability, efficiency, and safety of these robots. The overall market is still in its infancy and is estimated to grow with more inventions by the market players.
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