The market is projected to grow at a CAGR of 154% between 2024 and 2027, with robots benefiting significantly from advances in generative AI.
Key players are Agility Robotics’ “Digit”, Apptronik’s “Apollo”, and Tesla’s “Optimus” (pictured), all of which are due for commercial availability between 2025 and 2027.
GenAI has led to breakthroughs in cognitive abilities, enabling robots to perceive and process 
contextual elements like people, places, and events. Conversational capabilities have also significantly improved, allowing robots to engage in multi-dimensional dialogues with humans.
TrendForce reports that planetary roller screws currently account for 22% of components costs—the highest share—followed by composite materials (including plastics and metals) at 9%, 6D force-torque sensors at 8%, and hollow-cup motors at 6%. These components face considerable technical barriers.
Countries facing labour shortages and aging populations are already demonstrating demand for companion and caregiving robots.
Robots are also playing an increasingly strategic role in warfare, with applications ranging from drones to combat, demining, and logistical robots.
