Home > Semiconductors & Electronics > Automation > Robotics > Soft Robotics Market

Soft Robotics Market Analysis

  • Report ID: GMI10388
  • Published Date: Jul 2024
  • Report Format: PDF

Soft Robotics Market Analysis

Based on type, the market is divided into soft grippers, inflatable robots, exoskeletons, wearables, and others. The exoskeletons segment is expected to reach a value of over USD 5.12 billion by 2032.

 

  • The soft grippers segment is witnessing a surge in demand, particularly in industries such as food processing and electronics, where handling delicate & irregularly shaped objects is crucial. Advances in material science and design have led to the development of more versatile and reliable grippers. These innovations enable safer and more efficient automation in applications that require gentle handling. The trend toward more adaptable and customizable soft grippers is driving significant growth in this segment.

     

  • Inflatable robots are gaining popularity due to their lightweight structure and ease of deployment, making them ideal for search & rescue operations, as well as space exploration. Innovations in pneumatic and hydraulic systems are enhancing their functionality & control. These robots can be easily transported and deployed in challenging environments, offering flexible solutions for various applications. The trend toward more robust and versatile inflatable robots is expanding their usage and market potential.

 

Soft Robotics Market Share, By Application, 2023

Based on application, the soft robotics market is divided into medical & healthcare, food & beverage, logistics, automotive, agriculture, and other applications. The food & beverage segment is the fastest growing segment with a CAGR of over 35% between 2024 and 2032.

 

  • In the medical & healthcare sector, soft robotics are increasingly used for rehabilitation, surgery, and assistive devices. Advances in soft materials and precision control are making these robots more effective in delicate medical procedures. Wearable soft robotics, such as exoskeletons and therapeutic gloves, are enhancing patient mobility & recovery outcomes. The trend toward integrating AI and real-time data monitoring is further improving the functionality & adoption of soft robotics in healthcare.

     

  • The food & beverage industry is adopting soft robotics for tasks such as sorting, packaging, and handling delicate food items. Soft grippers and inflatable robots are particularly valuable for their ability to handle fragile products without causing damage. Innovations in hygiene and sanitation are making these robots more suitable for food processing environments. The trend toward automation and efficiency in food production is driving significant growth in the use of soft robotics in this sector. For instance, in April 2022, Soft Robotics partnered with Quest and Ossid to deliver a unique robotic solution for primary food packaging. This collaboration combined Soft Robotics' advanced gripping technology with Quest's automation expertise and Ossid's packaging solutions. The goal was to create a flexible & efficient robotic system that can handle various food products, ensuring high-speed and reliable packaging processes. This innovative solution aimed to enhance productivity & safety in the food industry, addressing the growing demand for automation in food packaging.

 

U.S. Soft Robotics Market Size, 2022-2032 (USD Million)

North America dominated the global soft robotics market in 2023, accounting for a share of over 33%. In North America, the market is experiencing robust growth driven by advancements in technology and strong investments in Research & Development (R&D). The region's focus on automation and robotics in manufacturing & healthcare sectors is fostering innovations & adoption of soft robotics. Major players and startups are collaborating with research institutions to develop cutting-edge solutions. The presence of a well-established robotics industry and favorable regulatory environment are further boosting market growth. Additionally, the increasing demand for assistive and rehabilitative robotics in healthcare is a significant trend in this region.

 

Europe is witnessing significant growth in the soft robotics industry, supported by government initiatives and funding for robotics R&D. The region's strong emphasis on industrial automation and Industry 4.0 is driving the adoption of soft robotics in manufacturing & logistics. European countries are also focusing on sustainable and eco-friendly robotics solutions, aligning with their environmental goals. Collaborations between academic institutions and industry players are leading to innovative applications in various sectors. The healthcare sector, in particular, is witnessing increased use of soft robotics for patient care and rehabilitation.

 

The Asia Pacific region is emerging as a major hub for the soft robotics market, driven by rapid industrialization and technological advancements. Countries such as China, Japan, and South Korea are investing heavily in robotics to enhance manufacturing efficiency and address labor shortages. The region's strong electronics & automotive industries are adopting soft robotics for precision tasks and automation. Additionally, the growing demand for healthcare solutions in countries with aging populations is boosting the adoption of soft robotics in medical applications. The agricultural sector is also leveraging soft robotics for tasks such as harvesting and crop monitoring.

 

For instance, in February 2024, OMRON Automation launched the TM S Series of collaborative robots (cobots) in India, featuring faster joints and enhanced safety features. These advanced cobots are designed to work alongside humans in various manufacturing environments, improving efficiency and productivity. The increased speed of the joints allows for quicker operations, while the expanded safety features ensure a safer working environment for human operators. This launch reflects OMRON's commitment to providing innovative automation solutions tailored to the needs of the Indian market, supporting businesses in their automation journeys.

Authors: Suraj Gujar, Rutvij Kshirsagar

Frequently Asked Questions (FAQ) :

The industry size for soft robotics was valued at USD 1,523 million in 2023 and is anticipated to witness over 30% CAGR between 2024 and 2032 due to the growing demand for automation across various industries to enhance efficiency, reduce labor costs, and improve safety in.

The food & beverage application segment in the soft robotics market is set to witness over 35% CAGR between 2024 and 2032 owing to increasing usage for rehabilitation, surgery, and assistive devices.

North America market held over 33% share in 2023, driven by advancements in technology and strong investments in R&D activities.

Soft Robotics Inc., Festo AG, Ekso Bionics Holdings, Inc., and ReWalk Robotics.

Soft Robotics Market Scope

Buy Now


Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 528
  • Countries covered: 21
  • Pages: 270
 Download Free Sample