Product Code: 48270
The Claytronics Market is expected to register a CAGR of 0.9% during the forecast period.
Key Highlights
- Claytronics is the concept of combining billions of micron scales or turtles to create actual computer-generated artifacts. Catoms can interact with each other to form concrete 3D objects that users can interact with. Claytronics is a future concept for developing modular robotics. The claytronics concept forms new media types that help reproduce moving 3D objects in the real world.
- Claytronics is a programmable matter whose primary function is to organize itself into the shape of an object and render its exterior to match the visual appearance of that object. This technology is used in activities such as education, health care, entertainment, and video games. The primary purpose of this technology is to improve communication between people, even when they are far apart.
- Concept predicts changing multimillion-module robot outfits into three-dimensional prospects with good conformity to persuade that the visions are for real. Using Claytronics, the person sitting beside can feel the physical presence even though they are far away. T
- The advantages of saving lives during a disaster, doctors operating patients remotely, and other advantages drive the claytronics market's future. High research and maintenance costs are the constraints that could be overcome in the fore-coming years.
Claytronics Market Trends
Claytronics and AI technology is going to replicate humans
- Claytronics' ability to replace humans to do real work in a variety of industries such as healthcare, disaster relief, education, entertainment, and defense can expand the opportunities and applications of Claytronics around the world is expected. In addition, visual realization creates new perspectives for the expansion of the claytronics market. These are some of the factors that are expected to drive market growth.
- Claytronic emulation of the function, behavior, and appearance of individuals, creatures, and objects perfectly mimics reality and is well-known for meeting the criteria set for artificial intelligence developed by visionary mathematician and computer science pioneer Alan Turing.
- While the Turing test continues to be a solid source of debate among those who devote their lives to artificial intelligence, philosophy, and cognitive science, Claytronics has devised a technique that goes beyond the Turing test for the emergence of behaviors in machine movements.
- The seemingly magical quality of this media is suggested by the Greek word, patio (paree-oh), which means "to make" or "to bring forth," a transformation of data into delightful forms that will echo the mythical power of the ancient artist Pygmalion whose command brought to life the statue Galatea.
North America to hold the highest market share
- North America is one of the leading regions to have technological advancements and witnesses' the greater adoption of digital technologies. The region first introduced robotic surgery to the world. Moreover, there has been significant adoption of robotic surgery in the United States. The annual procedure volume for robotic surgery is greater than 5,00,000 in the United States. To build brand image and competitive advantage, robotic surgery has become the most rapidly adopted medical device over the past two decades. This is likely to fuel the adoption of Claytronics technology.
- The technology would allow surgeons to perform intricate surgery on an enlarged replica of claytronic organs, while the actual organs will be worked upon by the claytronic replica of the surgeon. This allows lesser infections and provides greater visibility for the doctors to perform precision surgery.
- The region also has an increasing demand for entertainment such as ice skating, football game, concerts, and others that had a negative impact during the pandemic as many of the sports events and tournaments were canceled due to constant lockdown imposed by the government. In the future, during a similar situation, with the use of claytronics technology, the live sports event can be displayed on any flat surface by replicating it into a miniature show.
- The entertainment sector also covers movies, and the demand for movies has always been on the rise. Many 3D and 4D theaters showcase the movie with special glass wears. However, the use of claytronics technology allows the user to recreate the entire movie in the living room, allowing him/her to enter the movie in live ( basically inserting oneself into the role of the actors) and live the movie. Thus, driving various opportunities for the market studied.
Claytronics Industry Overview
The Global Claytronics Market is highly concentrated with few key players. Some of the major players inlcude:
Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
TABLE OF CONTENTS
1 INTRODUCTION
- 1.1 Key Findings of The Study
- 1.2 Research Methodology
2 EXECUTIVE SUMMARY
3 MARKET OVERVIEW
- 3.1 Overview
- 3.2 Porters Five Force Analysis
- 3.2.1 Threat of New Entrants
- 3.2.2 Bargaining Power of Consumers
- 3.2.3 Bargaining Power of Suppliers
- 3.2.4 Threat of Substitute Products and Services
- 3.2.5 Intensity of Competitive Rivalry
4 MARKET DYNAMICS
- 4.1 Drivers
- 4.2 Restraints
- 4.3 Opportunities
5 MARKET SEGMENTATION
- 5.1 By Type of Service
- 5.1.1 Hardware
- 5.1.2 Software
- 5.2 By Industry
- 5.2.1 Healthcare
- 5.2.2 Automotive
- 5.2.3 Aerospace & Defence
- 5.2.4 Entertainment
- 5.2.5 Robotics
- 5.2.6 Others
- 5.3 By Region
- 5.3.1 North America
- 5.3.2 Europe
- 5.3.3 Asia Pacific
- 5.3.4 Latin America
- 5.3.5 Middle East and Africa
6 VENDOR MARKET SHARE ANALYSIS
7 COMPETITIVE LANDSCAPE
- 7.1 Company Profiles
- 7.1.1 Intel Corp
- 7.1.2 Claysol Inc.
- 7.1.3 Claytronics Solutions Private Limited
- 7.1.4 Carnegie Mellon University
- 7.1.5 Real Intent
- 7.1.6 United States Army Research Laboratory
8 INVESTMENT ANALYSIS
- 8.1 Recent Mergers & Acquisitions
- 8.2 Investment Scenario & Opportunities
9 FUTURE OF GLOBAL CLAYTRONICS MARKET