Global Soft Robotics Market Size By Type (Soft Grippers, Co-Robots, Inflated Robots), By Application (Medical And Healthcare, Food And Beverages, Logistics), By Geographic Scope And Forecast

Soft Robotics Market Size And Forecast

Soft Robotics Market size was valued at USD 117.2 Billion in 2024 and is projected to reach USD 828.3 Billion by 2031, growing at a CAGR of 37.42% from 2024 to 2031.

Increasing automation in the food & beverages industry and rising research and development in the robotics industry are the key drivers for the Soft Robotics Market. The Global Soft Robotics Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Soft Robotics Market Definition

Soft robotics is a system that is specially designed and manufactured from materials with mechanical properties that resemble living tissues. It has now spread across the retail, food and beverage, logistics, and healthcare sectors to create breakthroughs in the product supply chain. Furthermore, the ability to sense and adapt to the environment allows end users to increase the flexibility and adaptability of the manufacturing process.

Soft robotics is a system made up of materials that have mechanical properties similar to those of living tissues. Product supply chain innovation has now spread to retail, food and beverage, logistics, and healthcare. Furthermore, soft robotics allows end users to detect their surroundings and respond appropriately, increasing the flexibility of the manufacturing process.

Furthermore, unlike hard component robots, soft robotics suppliers develop materials, components, and large active structures that can be safely associated with the manufacturing process. Soft robotics has the potential to simplify mechanical and computational robot designs. Soft robotics and tissue engineering are also employed in the development of hybrid medical systems. Soft robotics is further subdivided into robot grippers, medical robots, and other application-specific groups.

Global Soft Robotics Market Overview

Soft robots inherently have the advantage of being compliant with the natural tissues of humans and living organisms. Minimally invasive surgery (MIS) is one of the research areas with the big potential of adopting Soft Robotics. As it overcomes the limitation of traditional MIS methods such as a low degree of freedom. Furthermore, the increasing need for automation coupled with human safety in manufacturing facilities is expected to boost the Soft Robotics Market.

Exoskeletons are an emerging technology that has the potential to protect warehouse and manufacturing workers from bad backs, shoulders, as well as neck injuries related to heavy and repetitive lifting. Increasing automation in the food & beverages industry and rising research and development in the robotics industry are some of the main drivers for the Soft Robotics Market. Many R&D projects were funded by various governments worldwide despite the Covid-19 crisis to support the contribution of robotics and automation to the industry as well as society.

Market Attractiveness

The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Global Soft Robotics Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.

Porter’s Five Forces

The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the Global Soft Robotics Market, gauge the attractiveness of a certain sector, and assess investment possibilities.

Global Soft Robotics MarketSegmentation Analysis

The Global Soft Robotics Market is segmented on the basis of Type, Application, And Geography.

Soft Robotics Market, By Type

• Soft grippers
• Co-robots
• Inflated robots
• Wearable robots
• Edible robots
• Others

To Get a Summarized Market Report By Type-

Based on Type, the market is segmented into Soft grippers, Co-robots, Inflated robots, Wearable robots, Edible robots, and Others. The Wearable Robots segment will inflate the overall market growth. Wearable robots have witnessed wide adoption across the healthcare and packaging industries for the automation of processes.

Soft Robotics Market, By Application

• Medical and Healthcare
• Food and Beverages
• Logistics
• Entertainment & Gaming
• Automotive
• Survey & Exploration
• Others

To Get a Summarized Market Report By Application-

Based on Application, the market is segmented into Medical and Healthcare, Food and Beverages, Logistics, Entertainment & Gaming, Automotive, Survey & Exploration, and Others. Medical and Healthcare are the fastest-growing market in the forecast duration. Soft robots inherently have the advantage of being compliant with the natural tissues of humans as well as living organisms. Minimally invasive surgery (MIS) is one of the research areas with the big potential of adopting soft robotics.

Soft Robotics Market, By Geography

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

To Get a Summarized Market Report By Geography-

On the basis of Regional Analysis, the Global Soft Robotics Market is classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. North America is expected to hold the largest market share in the forecast period. The increase in the number of gynecology, urology, as well as orthopedic-related disorders, coupled with improvements in medical facilities, drives the adoption of Soft Robotics across the globe, especially in North America.

Key Players

The “Global Soft Robotics Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Soft Robotics Inc., FANUC Corporation, RightHand Robotics, KUKA AG, Yaskawa Electric Corporation, ABB Ltd., BionicHIVE, Pneubotics Inc., SynTouch LLC, Shadow Robot Company Ltd., Festo AG & Co. KG, The BioRobotics Institute Scuola Superiore Sant’Anna, Empire Robotics, Harvard Biodesign Lab, Qobotix and among others.

Our market analysis offers detailed information on major players wherein our analysts provide insight into the financial statements of all the major players, product portfolio, product benchmarking, and SWOT analysis. The competitive landscape section also includes market share analysis, key development strategies, recent developments, and market ranking analysis of the above-mentioned players globally.

Key Developments

• In June 2021, Soft Robotics Inc. announced a USD 10 million Series B expansion to further grow its commercial operations in response to the COVID-19 pandemic. The funds will also be used to commercialize the company’s SoftAI-powered robotics solution. SoftAI enhances industrial robot hand-eye coordination through the integration of 3D vision and artificial intelligence technology with Soft Robotics’ registered and proven IP69 K-certified soft grips.
• In April 2021, Righthand Robotics Inc announced the release of Rightpick 3, which includes dense packing, damage-free item handling, and the capacity to handle a wider range of items. Furthermore, the announcement is timed to coincide with ProMatDX’s virtual material handling automation showcase.

Ace Matrix Analysis

The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.