Cognitive Robotics Market Players:
- IBM Corporation
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- ABB Ltd.
- Intel Corporation
- Omron Adept Technologies
- Nvidia Corporation
- Microsoft Corporation
- Blue Ocean Robotics
- Brain Corporation
- Honeywell International
- Intuitive Surgical Operations
- iRobot
- Kuka AG
- Roborock
- Simbe Robotics
- CloudMinds Technology Inc.
The competition in the cognitive robotics market is fragmented, with leading players continuously making innovations to cater to various industries like healthcare, automotive, and manufacturing. Companies such as IBM Corporation, Intel Corporation, and ABB Ltd are focusing on investments in R&D to make robotic systems capable of adopting intelligence. Collaborative ventures and acquisitions in the firms to strengthen their technological edge and expand market reach constitute another prominent trend. Startups further promote dynamism with innovative solutions in niches to the demands of industries and create a frenzy of competition.
In June 2024, ABB Robotics launched OmniCore, an advanced automation platform that would guarantee increased precision and efficiency in industrial applications. This is a clear example of the growing trend toward ease of operating a robot and expansion in robotic solutions. Similarly, strategic partnerships of cognitive robotics companies with AI providers accelerate the development of AI-enabled robotics platforms. With the rise in competition, the key strategies toward cost reduction, increased adaptability, and integration of IoT and machine learning capabilities are likely to drive the growth in the cognitive robotics market.
Here are some leading players in the cognitive robotics market:
