Robots and the Future of Robotic pets
Overview: The world of robots and robotic pets is expanding faster than ever, changing how we live, work, and play. The statistics show an increasing trend of adopting robotic pets, with a predicted 49% surge in robotic pet market by 2024, and the Robotics Industries Association reporting that sales increased by 5.2% in 2019. The impact on our lifestyle is considerable, especially considering that by some estimates the global robotic pet market will reach over $11 billion by 2027.
Robotic Pet Adoption: It has been predicted that the market for robotic pets will experience a 49% surge by 2024, according to a market research report published by Technavio. The primary drivers for this increase are the growing elderly population and rising attention to mental health. Robotic pets can help reduce feelings of loneliness and anxiety. They can also assist in therapy for patients with dementia and children with autism. These companion bots are filling a crucial role in our society.
Robotic Industry Growth: The Robotics Industries Association reported that sales in North America increased by 5.2% in 2019. This shows a general upward trend of corporations embracing automated technology for their operations. Robots help to cut down on operating costs and increase efficiency, and they can be programmed to fulfill a broad range of tasks, enabling businesses to save time and labor costs.
Global Robotic Pet Market Size: According to a market analysis report, the global market size of robotic pets is anticipated to reach over $11 billion by 2027. Demand is being driven by people who may have allergies to real pets, older people in need of companionship, or those who lead hectic lives and cannot commit to taking care of a living animal. In addition, advancements in artificial intelligence and robotics continue to push the boundaries of what is possible with robotic pets.
Key Takeaways:
- Market forecast predicts a 49% surge in the robotic pet industry by 2024
- Sales of robotics in North America increased by 5.2% in 2019
- The global robotic pet market size could reach over $11 billion by 2027
3Laws Robotics: In this evolving landscape of robotic pets and similar technologies, 3Laws Robotics is making strides in enhancing safety and reliability for robotic systems. To support the above use cases and more, 3Laws is developing innovative software named 3Laws Supervisor. This software is designed to simplify the certification process, which is a major pain point for robotics companies. Built on Control Barrier Functions (CBFs) technology, it provides robust safety features and evidence of system robustness that can potentially ease the certification path.
3Laws Robotics has enabled use cases across diverse industries, including warehouse automation where they achieved a 40% efficiency gain and a 6-month payback period for an autonomous forklift customer. They also cater to the growing need for solutions for human-robot interaction, ensuring the safe and uninterrupted operation of robots in close proximity to humans.
Furthermore, they showed how their reactive collision avoidance capabilities can enable robots to navigate in unpredictable environments effectively, enhancing operational efficiency and minimizing unnecessary downtime.
The adaptability of 3Laws' software is a key strength, making it compatible with a wide range of platforms including mobile robots, drones, cars, and manipulators. It's compatibility with popular robotics middleware like ROS and ROS2 makes it an ideal solution for next-generation safety.
Essentially, 3Laws is a next-generation safety solution that looks beyond traditional e-stop methods, offering dynamic, predictive safety for unlocking the full potential of robotics while ensuring safety. 3Laws' methods can be certified to meet ISO 3691-4 and ISO 26262 standards, placing them at the forefront of the burgeoning field of robotics safety.