Swarm Robotics Market by Platform (UAV, UGV), Application (Security, Inspection & Monitoring, Mapping & Surveying, Search & Rescue and Disaster Relief, Supply Chain and Warehouse Management), End-Use Industry and Region - Global Forecast to 2028
Swarm Robotics Market Size & Growth
[157 Pages Report] The swarm robotics market size is projected to grow from USD 0.8 billion in 2023 to USD 3.0 billion by 2028, registering a CAGR of 30.9% during the forecast period. The growing use of swarm robotics in warehouses, the development of new technologies, such as artificial intelligence and machine learning, and the rising adoption of swarm-based drones in the military sector are expected to propel the market in the next five years. However, Low awareness about swarm intelligence, reluctance to accept new technology by key industries, and lack of skilled workforce are likely to pose challenges for industry players.
The objective of the report is to define, describe, and forecast the swarm robotics market based on platform, application, end-use industry, and region.
Swarm Robotics Market Forecast to 2028
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Swarm Robotics Market Trends:
Market Dynamics
Driver: Rising adoption of swarm-based drones in the military sector
Swarm-based drones can easily cover large areas at low costs, owing to which their adoption has been increasing for military operations. In addition, these swarm-based drones are used in times of natural calamities such as earthquakes, forest fires, and floods. UAVs are extensively used for various military operations, such as search and rescue, surveillance, traffic monitoring, weather monitoring, and firefighting. The increasing adoption of swarm drones in military sectors and growing research and development activities in this swarm technology is driving the market growth. For instance, in 2023, NewSpace Research, a Bengaluru-based start-up has delivered SWARM drones to Indian Army, which makes the Army the first major armed force in the world to operationalize these high-density SWARM drones.
The ongoing research and technological advancements continue to drive the adoption of swarm-based drones in the military sector, contributing to the evolution of modern warfare tactics.
Restraint: Technical Challenges and High Initial Investment
Several characteristics that make swarm robotics strategic for many future use cases (autonomous, decentralized, etc.) also limit the evolution of the technology from academic institutions to scalable industrial solutions. Swarm robots need to be able to communicate with each other in order to coordinate their actions. This can be a challenge in complex environments, such as those with a lot of noise or interference. In some cases, robot swarms are unable to complete a task if global communication is blocked. Although several existing wireless technologies are available, the protocols specialized for swarm robotics remain undiscovered.
Moreover, high initial investment costs linked with intelligence, expensive research costs, and so on are barriers to market growth. These challenges are making it difficult for the swarm robotics market to grow. However, as the technology for swarm robotics continues to develop, these challenges are likely to be addressed. This could lead to the widespread adoption of swarm robotics in various applications.
Opportunities: Integration of swarm intelligence technology with connected cars
The growing penetration of connected cars in the swarm robotics market is expected to positively impact the market. Connected cars are equipped with sensors and communication technologies that allow them to interact with each other and with the environment. This makes them ideal platforms for swarm robotics applications. Connected cars enable the driver to connect with online platforms and facilitate real-time communication. The growth of this market is driven by government mandates on telematics applications, the implementation of intelligent transportation systems (ITS), rapid urbanization, and increasing demand for usage-based insurance (UBI).
Challenges: Low awareness about swarm intelligence and reluctance to accept new technology by key industries
There is currently less information about swarm robotics in the market, although the situation is expected to change positively in the coming years. Due to less information, users are unaware of the advantages such as decentralization, robustness, flexibility, and scalability of swarm intelligence. Therefore, they are less willing to adopt this technology. There has been a gradual information wave elucidating and educating end users, which is expected to gain momentum in the coming years, leading to the increased adoption of swarm technology and robots.
Market Map/Ecosystem
Swarm Robotics Market: Key Trends
The prominent players in the swarm robotics market are Hydromea (Switzerland), Boston Dynamic (US), SwarmFarm (Australia), Swarm Technology (US), Sentien Robotics (US), Berkeley Marine Robotics (US), Swisslog Holding AG (Switzerland), FARobot, Inc. (Taiwan), K-Team Corporation (Switzerland), KION Group AG (Germany), among others. These companies boast mixing trends with a comprehensive product portfolio and strong geographic footprint.
Swarm Robotics Market Segmentation
UAV to acquire a significant share in the swarm robotics market during the forecast period.
The UAV is expected to account for a significant share and grow at the highest CAGR during the forecast period. Rapid advancements in drone and robotics technology have made it possible to create smaller, more capable, and affordable drones. These advancements have enabled the development of UAV swarm robots with improved capabilities and better coordination.
Security, inspection & monitoring application expected to hold the largest share in the swarm robotics market in 2023.
The security,inspection, & monitoring segment expected to account for the largest market share in 2023. Inspection of critical infrastructure with drones is experiencing an increasing uptake in the industry driven by a demand for reduced cost, time, and risk for inspectors. Company such as Hydromea SA, Boston Dynamic, Berkeley Marine Robotics, and others are the major players providing swarm robotics for security, inspection & monitoring applications.
Swarm Robotics Industry Regional Analysis
Swarm Robotics market to witness highest share from North Anerica during the forecast period.
The North America region continues to be a significant market for swarm robotics. This region is a key market as it is home to some of the major industry players, such as Boston Dynamic (US), Swarm Technology (US), and Sentien Robotics (US). Increased R&D activities in the field of swarm intelligence would drive the growth of the swarm robotics market in North America.
Further, the increasing demand for autonomous and semi-autonomous systems in the military, healthcare, and industrial sectors is driving the market growth. Moreover, the growing availability of advanced sensors and communication technologies is creating an opportunity for the market.
Swarm Robotics Market by Region
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Top Swarm Robotics Companies - Key Market Players
- Hydromea (Switzerland),
- Boston Dynamic (US),
- SwarmFarm (Australia),
- Swarm Technology (US),
- Sentien Robotics (US),
- Berkeley Marine Robotics (US),
- Swisslog Holding AG (Switzerland),
- FARobot, Inc. (Taiwan),
- K-Team Corporation (Switzerland),
- KION Group AG (Germany).
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Report Metric |
Details |
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Estimated Value |
USD 0.8 billion |
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Expected Value |
USD 3.0 billion |
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Growth Rate |
CAGR of 30.9% |
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Market Size Available for Years |
2019–2028 |
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Base Year |
2022 |
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Forecast Period |
2023–2028 |
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Units |
Value (USD Million/USD Billion) |
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Segments Covered |
Platform, Application, End Use Industry, and Region |
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Regions Covered |
North America, Europe, Asia Pacific, and RoW |
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Companies Covered |
Hydromea (Switzerland), Boston Dynamic (US), SwarmFarm (Australia), Swarm Technology (US), Sentien Robotics (US), Berkeley Marine Robotics (US), Swisslog Holding AG (Switzerland), FARobot, Inc. (Taiwan), K-Team Corporation (Switzerland), KION Group AG (Germany), among others |
Swarm Robotics Market Highlights
This report categorizes the swarm robotics market based on platform, application, end-use industry, and region.
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Segment |
Subsegment |
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By Platform |
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By Application |
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By End Use Industry |
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By Region |
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Recent developments
- In February 2023, Exyn Technologies announced that they will be partnering with Easy Aerial to launch their new flagship airframe, the ExynAero™ EA6, integrated with ExynAI™ and optimized for Exyn’s diverse use cases.
- In May 2023, The Génération Robots group, which includes Génération Robots and Humarobotics, announced its first round of financing for a total of 3 million euros, secured by AQUITI Gestion and GT Logistics. This operation marks an important milestone in the group’s development and reflects the investors’ confidence in its potential.
Frequently Asked Questions (FAQs)
Which are the major companies in the swarm robotics market? What are their primary strategies to strengthen their market presence?
Hydromea (Switzerland), Boston Dynamic (US), SwarmFarm (Australia), K-Team Corporation (Switzerland), and Swarm Technology (US) are the leading players in the market. These companies have adopted organic and inorganic growth strategies such as product launches, partnerships and acquisitions, to gain a competitive advantage in the market.
Which is the potential market for the end-use industry?
Military & defense and agriculture are end-use industries with high growth opportunities owing to advancements in technology.
What are the opportunities for new swarm robotics market share entrants?
Factors such as the integration of swarm intelligence technology with connected cars and the rising use of swarm robotics in warehouses are creating opportunities for the players in the market.
Which platform is expected to drive swarm robotics market size growth in the next six years?
UGV is expected to remain the major platform driving swarm robotics demand.
What are the major strategies adopted by swarm robotics companies?
The swarm robotics companies have adopted product launches, acquisitions, expansions, and contracts to strengthen their position in the swarm robotics market.
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The research process for this study included systematic gathering, recording, and analysis of data about customers and companies operating in the swarm robotics market. This process involved the extensive use of secondary sources, directories, and databases (Factiva, Oanda, and OneSource) for identifying and collecting valuable information for the comprehensive, technical, market-oriented, and commercial study of the swarm robotics market. In-depth interviews were conducted with primary respondents, including experts from core and related industries and preferred manufacturers, to obtain and verify critical qualitative and quantitative information as well as to assess growth prospects. Key players in the swarm robotics market were identified through secondary research, and their market rankings were determined through primary and secondary research. This research included studying annual reports of top players and interviewing key industry experts such as CEOs, directors, and marketing executives.
Secondary Research
In the secondary research process, various secondary sources were referred to for identifying and collecting information important for this study. Secondary sources included corporate filings, such as annual reports, investor presentations, and financial statements; trade, business, and professional associations; white papers, swarm robotics products-related journals, certified publications; articles by recognized authors; directories; and databases.
Secondary research was conducted to obtain key information about the industry supply chain, market value chain, key players, market classification and segmentation as per industry trends to the bottom-most level, geographic markets, and key developments from both market- and technology-oriented perspectives. Data from secondary research was collected and analyzed to determine the overall market size, which was further validated by primary research.
Primary Research
In the primary research process, various primary sources from the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. Primary sources from the supply side included industry experts such as CEOs, VPs, marketing directors, technology & innovation directors, and key executives from major companies in the swarm robotics market.
After going through market engineering (which includes calculations for market statistics, market breakdown, market size estimations, market forecasting, and data triangulation), extensive primary research was conducted to gather information and verify and validate the critical numbers obtained. Primary research was conducted to identify segmentation types, industry trends, key players, competitive landscape, and key market dynamics such as drivers, restraints, opportunities, and challenges, along with the key strategies adopted by players operating in the market.
To know about the assumptions considered for the study, download the pdf brochure
Market size estimation
In the complete market engineering process, both top-down and bottom-up approaches were used, along with several data triangulation methods, to estimate and forecast the size of the market and its segments and subsegments listed in the report. Extensive qualitative and quantitative analyses were carried out on the complete market engineering process to list the key information/insights pertaining to the swarm robotics market.
The key players in the market were identified through secondary research, and their rankings in the respective regions were determined through primary and secondary research. This entire procedure involved the study of the annual and financial reports of top players, as well as interviews with industry experts such as chief executive officers, vice presidents, directors, and marketing executives for quantitative and qualitative key insights. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All parameters that affect the markets covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data. This data was consolidated and enhanced with detailed inputs and analysis from MarketsandMarkets and presented in this report.
Swarm robotics market: Bottom-up Approach
Swarm robotics market: Top-Down Approach
Data triangulation
After arriving at the overall size of the swarm robotics market from the market size estimation process explained above, the total market was split into several segments and subsegments. Where applicable, the market breakdown and data triangulation procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The data was triangulated by studying various factors and trends from both the demand and supply sides. Along with this, the market size was validated using top-down and bottom-up approaches.
Market Definition
Swarm robotics is a field of robotics that studies the behavior of large groups of robots. Swarm robotics is an approach to coordinating multiple robots as a system consisting of large numbers of mostly simple physical robots. The swarm robotics market is expected to grow rapidly in the coming years. This is due to the increasing demand for swarm robots in various applications, such as search and rescue, inspection and monitoring, security, mapping, surveying, and many more.
Further, the swarm robotics market continues to evolve and expand, driven by ongoing research and development efforts, cost reduction initiatives, and increasing demand for solar energy solutions. The market is expected to grow further as technology advancements and economies of scale continue to improve the efficiency and cost-effectiveness of thin film PV modules.
Key Stakeholders
- Swarm robot component manufacturers
- Original equipment manufacturers (OEMs) of swarm intelligence
- Research organizations
- Swarm-Algorithm providers
- Drone manufacturers
- Robot manufacturers
- Technology providers
- Automotive companies
- Organizations, forums, alliances, and associations related to swarm intelligence
- Technology investors
Report Objectives
- To define, describe, estimate, and forecast the global swarm robotics market on the basis of platform, application, end-use industry, and geography
- To describe and forecast the swarm robotics market, in terms of value, by region—North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW)
- To provide detailed information regarding the drivers, restraints, opportunities, and challenges that influence the market growth.
- To provide a detailed overview of the swarm robotics market value chain
- To strategically analyze micromarkets1 with respect to individual growth trends, prospects, and contributions to the total market
- To profile key players and comprehensively analyze their ranking based on their revenues and core competencies2, along with detailing the competitive landscape for market leaders.
- To analyze competitive developments such as expansions, agreements, partnerships, acquisitions, product developments, and research and development (R&D) in the swarm robotics market.
- To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the swarm robotics market.
- To analyze opportunities in the market for various stakeholders by identifying the high-growth segments of the market
- To benchmark the market players using the proprietary company evaluation matrix framework, which analyzes the market players on various parameters within the broad categories of business strategy excellence and strength of product portfolios.
- To strategically profile the key players and comprehensively analyze their market positions in terms of ranking and core competencies2, along with a detailed competitive landscape of the market.
- To analyze competitive developments such as acquisitions, product launches, partnerships, expansions, and collaborations undertaken in the swarm robotics market.
Available customizations
With the given market data, MarketsandMarkets offers customizations according to the specific requirements of companies.
Product analysis
- Detailed analysis and profiling of additional market players
The following customization options are available for the report:
- Market sizing and forecast for additional countries
- Additional five companies profiling
Growth opportunities and latent adjacency in Swarm Robotics Market