Swarm Robots Market by Type (Aerial Robots, Terrestrial Robots, and Underwater Robots), by Application (Search and Rescue Missions, Underwater Excursions, Demining, Surveillance, and Others), by End-User Industry (Military & Defence, Agriculture, Healthcare, Logistics, and Others) - Global Opportunity Analysis and Industry Forecast, 2023 - 2030

Market Definition

The Swarm Robots Market size was valued at USD 7.91 billion in 2022 and is predicted to reach USD 35.79 billion by 2030 with a CAGR of 17.20% from 2023 to 2030. Swarm robots are a type of robotics technology that consists of a group of small, autonomous robots that work together to achieve a common goal. Each robot in the swarm is programmed to communicate and collaborate with the other robots in order to carry out tasks efficiently and effectively. Swarm robots are highly adaptable, as they are able to work in a variety of environments and can be programmed to respond to changing conditions. They are used in a wide range of applications, including search and rescue operations, environmental monitoring, agriculture, and manufacturing. One of the main advantages of swarm robotics is their ability to operate in large numbers, which allows them to accomplish tasks more quickly and effectively than a single robot or human operator could. Additionally, swarm robots can continue to function even if one or more robots in the group malfunction or fail, which makes them highly resilient and reliable.

Market Dynamics and Trends

Growing use of swarm robots such as swarm drones or AGVs in security and defense sectors for variety of military applications such as surveillance, mapping, military logistics as well as in combat operations is driving the growth of the market. Modern military drones can be outfitted with aerial firepower and they are used in combat as they are stealthy and highly maneuverable.

Also, increasing adoption of swarm robots in fulfillment centers of e-commerce industry to automate warehouse inventory management and speed up order fulfillment is further driving the growth of the market. Moreover, growing adaption of swarm drones by public safety agencies such as law enforcement and emergency management for search and rescue operations during natural disaster or to locate missing suspects is driving the growth of the swarm robots market.

However, complex networking systems required for swarm robots and lack of skilled personal that can operate them are the factors restraining the growth of the market. On the contrary, introduction of AI enabled autonomous swarm robots that can automatically evade collision using computer vision technology is expected to create ample growth opportunities for the market in the coming years. 

Market Segmentations and Scope of the Study

The swarm robots market has been segmented by type, application, end-user industry and geography. Based on type, the market is divide into aerial robots, terrestrial robots, and underwater robots. On the basis of application, the market is classified into search and rescue missions, underwater excursions, demining, surveillance, and others. Based on end-user industry, the market is categorized into military & defence, agriculture, healthcare, logistics, and others. Geographic breakdown and analysis of each of the aforesaid segments includes regions comprising North America, Europe, Asia Pacific, and Rest of the World. 

Geographical Analysis

North America holds the lion share of swarm robots market, and is expected to continue its dominance during the forecast period. This is attributed to the high adoption of swarm drones by military in this region as drone swarms are cost effective contrary to expensive combat jets and Swarm robots can easily detect enemy targets and strike them with smaller weapon loads. For instance, in May 2022, US military announced the Experimental Demonstration Gateway Exercise (EDGE) for 2022. EDGE 2022 will include the test flight of largest interactive military drone swarm to detect and identify threats and their ability to communicate outside of GPS-denied environments.

Moreover, presence of key market players such as Swarm Technology, Sentien Robotics and Locus Robotics further boost the market growth in this region. For instance, in March, 2022, Locus Robotics launched two autonomous mobile robots (AMRs) for warehouse called Locus Vector and Locus Max. They can be used as swarm robots with Locus Robotics existing robot called Locus Origin for collaborative, high volume order fulfillment including case-picking and pallet-picking.

On the other hand, Asia Pacific is expected to show a steady rise in the swarm robots market owing to the increasing adoption of swarm drones in agricultural sector in countries such as China and Japan as drones can assist in monitoring cultivation process and crop-spraying process that improves the agronomic sustainability and farm yields.

Moreover, several initiatives taken by the government in this region to influence start-ups developing swarm robotic system is further driving the growth of the market. For instance, in April 2022, Government of India announced the second edition of the swarm drone competition by the Indian Air Force (IAF) for swarm drone-based systems to detect foreign objects on aircraft operating surfaces. The system will able to carry a range of payloads and sensors with image correction ability, provide alerts, accurate locations and discernable image of foreign objects.

Competitive Landscape

Various market players operating in the swarm robots market includes Red Cat Holdings, Hydromea, Swarm Technology, Sentien Robotics, Locus Robotics, Apium Robotics, Avidbots, EDGE Group, Swarm Systems Limited, and Icarus Drone. These market players are launching numerous products across various regions to maintain their dominance in the swarm robots market. For instance, in June 2022, Red Cat Holdings launched a four-drone swarm, multi-vehicle system for defense, government, and public safety sectors. This multi-vehicle package will be offered in two configurations 4-Ship and 4-Ship+. Both configurations will allow a single pilot to simultaneously control up to four drones.

Moreover, in February 2022, EDGE Group unveiled its swarm drone technology based on Hunter 2 series of unmanned aerial vehicles (UAV) developed by HALCON. These drones uses advanced artificial intelligence (AI) technology for sharing information with one another to track and maintain their relative positions, and to effectively engage targets.

KEY BENEFITS

• The swarm robots market report provides the quantitative analysis of the current market and estimations from 2023 to 2030. This analysis assists in identifying the prevailing market opportunities to capitalize on.

• The study comprises of a detailed analysis of the swarm robots market trends including the current and future trends for depicting the prevalent investment pockets in the market.

• The information related to key drivers, restraints, and opportunities and their impact on the swarm robots market is provided in the report.

• The competitive analysis of the market players along with their market share in the swarm robots market is mentioned.

• The SWOT analysis and Porter’s Five Forces model are elaborated in the study.

• The value chain analysis in the market study provides a clear picture of the stakeholders’ roles.

KEY MARKET SEGMENTS

By Type

• Aerial Robots

• Terrestrial Robots

• Underwater Robots

By Application 

• Search And Rescue Missions

• Underwater Excursions

• Demining

• Surveillance

• Others

By End-User Industry

• Military & Defence

• Agriculture

• Healthcare

• Logistics

• Others

By Region

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • U.K.

  • Germany

  • France

  • Italy

  • Spain

  • Denmark

  • Netherlands

  • Finland

  • Sweden

  • Norway

  • Russia

  • Rest of Europe

• Asia-Pacific

  • China

  • Japan

  • India

  • South Korea

  • Australia

  • Indonesia

  • Singapore

  • Taiwan

  • Thailand

  • Rest of Asia-Pacific

• RoW

  • Latin America

  • Middle East

  • Africa

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