The Global Swarm Robotics Market size is expected to reach $5.3 billion by 2030, rising at a market growth of 30.3% CAGR during the forecast period.
The automation of warehouses can be enhanced by swarm robotics. Using swarm robotics, warehouse managers can employ fleets of robots that can autonomously select and sort items, manage inventory and shipping, and package items for shipment. Thus, the supply chain & warehouse management segment would capture nearly 15% share in the market by 2030. Additionally, swarm robotics can be used to automate the transport of products. Using swarm robotics technology, autonomous fleets of delivery vehicles can communicate with one another and coordinate the delivery of products efficiently and cost-effectively. As a result, the segment is expected to increase in the future. Some of the factors impacting the market are increasing military sector’s adoption of swarm-based drones, deployment of swarm intelligence technology with connected automobiles and technical difficulties and substantial initial investments.
Drones are one of the most disruptive technologies of the modern era, and they continue to evolve as indispensable tools for various commercial and military endeavors. Swarm drones, which enable multiple UAVs to fly and collaborate in real-time to complete various tasks, represent a significant advancement in this field. Militaries around the globe widely utilize this technology due to its superior durability and affordability. Thus, increasing adoption of swarm drones in military sectors and expanding research and development activities in this swarm technology are driving market expansion. Additionally, as vehicles become more autonomous and information is shared between them and the infrastructure via wireless communication, driving automation is becoming an increasing trend in the automotive industry. The organization of vehicles in swarms is a promising strategy for future traffic management, as it could considerably improve road efficiency and safety while conserving resources and enhancing system resilience. Government mandates on telematics applications, the implementation of intelligent transportation systems (ITS), accelerated urbanization, and rising demand for usage-based insurance (UBI) all contribute to the expansion of this market.
However, several characteristics that make swarm robotics strategic for many future use cases (autonomy, decentralization, etc.) also impede the transition of the technology from academic institutions to scalable industrial applications. For swarm robots to coordinate their actions, they must be able to communicate with one another. Complex environments, such as those with much commotion or interference, can make this difficult. Expensive components such as sensors, cameras, actuators, and others are required for the robot to function. And they often cost even more to integrate into a fully functional robot, as they are typically not explicitly designed for robots but adapted from another application. Consequently, these factors will hamper the growth of the market in the future.
On the basis of application, the market is segmented into security, inspection & monitoring, mapping & surveying, search, rescue & disaster relief, supply chain & warehouse management, and others. In 2022, the mapping & surveying segment procured a significant revenue share in the market. A swarm of robots' essential functions include exploration and mapping. Robots venture into an unknown region, investigate it, and then compile a map. This capacity is crucial whether the robots are flying, swimming, or crawling. Existing exploration and mapping methods frequently rely on a dense swarm of robots or could be more efficient. Even in the extreme situation of a single robot, the exploration and mapping procedure for sparse swarms of robots completes comprehensive exploration.
Based on the platform, the market is divided into unmanned ground vehicles (UGVs), unmanned aerial vehicles (UAVs), and others. The unmanned ground vehicles (UGVs) segment garnered the highest revenue share in the market in 2022. Unmanned ground vehicles (UGVs) can navigate a range of terrains, coexist with people in the same area, and locate targets while dodging hazards. Together, UGVs and UAVs can act in various terrain types and are solid prospects for cooperative use. The segment's growth will gain from these benefits in the upcoming years.
Based on the end use, the market is divided into military & defense, industrial, agriculture, healthcare, and others. The military and defense segment held the largest revenue share in the market in 2022. offers a significant military advantage because it enables many robots to collaborate to accomplish tasks. This means that missions can be completed more quickly and precisely, increasing safety and effectiveness. In addition, swarm robotics can be used to monitor and protect vast land areas, thereby enhancing security. Swarm robotics can reduce the likelihood of human loss in military and defense missions. Therefore, the military and defense segment will witness considerable growth.
Report Attribute | Details |
---|---|
Market size value in 2022 | USD 656.2 Million |
Market size forecast in 2030 | USD 5.3 Billion |
Base Year | 2022 |
Historical Period | 2019 to 2021 |
Forecast Period | 2023 to 2030 |
Revenue Growth Rate | CAGR of 30.3% from 2023 to 2030 |
Number of Pages | 255 |
Number of Table | 390 |
Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Companies Strategic Developments, Company Profiling |
Segments covered | Platform, Application, End Use, Region |
Country scope | US, Canada, Mexico, Germany, UK, France, Russia, Spain, Italy, China, Japan, India, South Korea, Singapore, Malaysia, Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria |
Growth Drivers |
|
Restraints |
|
By region, the market is segmented into North America, Europe, Asia Pacific, and LAMEA. The North America segment acquired the maximum revenue share in the market in 2022. This region is a crucial segment as it is home to some of the leading market players, such as Boston Dynamic (US), Swarm Technology (US), and Sentien Robotics (US). Increased research and development activities in swarm intelligence would promote expanding North America's market. In addition, the increasing demand for autonomous and semi-autonomous systems in the military, healthcare, and industrial sectors is propelling the growth of this segment. In addition, the growing availability of sophisticated sensors and communication technologies presents an opportunity for the regional market.
Free Valuable Insights: Global Swarm Robotics Market size to reach USD 5.3 Billion by 2030
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hydromea SA, Unboxrobotics Labs Private Limited, SwarmFarm Robotics, Rolls-Royce plc, Sentien Robotics, Berkeley Marine Robotics Inc., Swisslog Holding AG, FARobot, Inc., AGILOX Services GmbH and KION GROUP AG.
By End Use
By Application
By Platform
By Geography
This Market size is expected to reach $5.3 billion by 2030.
Increasing military sector’s adoption of swarm-based drones are driving the Market in coming years, however, Substantial initial investments restraints the growth of the Market.
Hydromea SA, Unboxrobotics Labs Private Limited, SwarmFarm Robotics, Rolls-Royce plc, Sentien Robotics, Berkeley Marine Robotics Inc., Swisslog Holding AG, FARobot, Inc., AGILOX Services GmbH and KION GROUP AG
The expected CAGR of this Market is 30.3% from 2023 to 2030.
The Security, Inspection & Monitoring segment is leading the Market, by Application in 2022, achieving a market value of $1.9 billion by 2030.
The North America region dominated the Market, by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2.0 billion by 2030.
Our team of dedicated experts can provide you with attractive expansion opportunities for your business.