Isaac Asimov has developed the Robot Manufacturing Regulations and rules so that they are unable affect, hamper or injure humans in the surrounding Area. Under this point of Governance he has developed 3 laws of robotics including Robots may not injure a human being, must obey orders (unless they go against the First Law) and must protect themselves (unless to do so conflicts with the First or Second Law). Moreover, many regulatory bodies and Government Agencies have formed number of laws for minimizing vulnerabilities.
The article cited AMA's "Global Artificial Intelligence Robotics Market Study" explored substantial growth in North America and CAGR of 27.84%. According to the report, Increasing Demand of Artificially Intelligent Robots in Household Applications
is one of the primary growth factors for the market. Increasing Applications of Robots for Personal Use including Entertainments and Companionship
is also expected to contribute significantly to the Artificial Intelligence Robotics market. Overall, Public Relations
applications of Artificial Intelligence Robotics, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Technology, such as Machine Learning, is boosting the Artificial Intelligence Robotics market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Offering, such as Graphical Processing United (GPU), is boosting the Artificial Intelligence Robotics market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Artificial Intelligence Robotics market identified that the demand is rising in many different parts of the world as "Concentration in Developing AI enabled Robots in Numerous Special Purpose Application where the robots can generate Maximum Return on Investment
". Furthermore, some recent industry insights like "On February 4th, 2019, Intel Capital has invested in a four-year-old company “Catalytic” which helps organizations to process the respective data faster with more accurate results by coordinating through bots, people and artificial intelligence simultaneously. This investment was followed by the two investment agreements with Fornix and Pliops, which has enabled these firms to manufacture highly automated systems. The overall investment was valued collectively at 30 million dollars." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Artificial Intelligence Robotics market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Artificial Intelligence Robotics market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Artificial Intelligence Robotics market size is calculated using market estimation process, the Artificial Intelligence Robotics market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Artificial Intelligence Robotics market size has been validated using both top-down and bottom-up approaches.