Market Research Report (MRFR) has published an innovative report “Global Mobile Robotics Market” which is estimated to expand extensively at a CAGR of 17.15% during the forecast period. This research report also combines industry-wide statistically relevant quantitative data and relevant and insightful qualitative analysis. It provides a deep insight into the industry parameters by accessing the market growth, consumption volume, the upcoming market trends, and the different prices variation for the forecast year. The competitive landscape section of the statistical report presents information on major key players in the global market. The report also examines the impact of the COVID-19 pandemic on the global market.
The Mobile Robotics Market is increasing significantly due to the expansion of the industrial segment coupled with the massive advancements in Industrial Internet of Things (IIoT). The superior reliability and accessibility offered by mobile robotics is boosting their demand in various setups. The market is also well equipped to meet the challenges and keep up with the dynamic growth trends effectively. Major players operating in the global mobile robotics market are also examined in the report in order to provide readers with a complete overview of the competitive landscape of the market.
Competitive landscape:
The competitors at the forefront in the market of global mobile robotics market are KUKA Robotics Corporation (Germany), Denso Corporation (Japan), Epson America, Inc., (US), Northrop Grumman Corporation (US), Harvest Automation (US), iRobot Corporation (US), FANUC Ltd (Japan), Universal Robots (Denmark), Honda Motor Co., Ltd. (Japan), and Yaskawa Motoman Robotics (US).
Impacting Factors:
Mobile robotics systems are gaining prominence and acceptance in several factories and plants due to their functionalities which drives the growth of the market. The recent innovations along with its impact on innovative growth that is expected to be introduced by the significant players form a core part of the report. The outline for growth plans also has stimulated the market for potential new entrants. The market contenders are making substantial adjustments to minimize the prevalence of competitive disadvantage.
Segmentation:
- By components, the market is segmented into software and hardware. The hardware component is additionally segmented into control units, power units, sensors, motors, and others.
- By navigation type, the market is segmented into unmanned surface vehicles (USVs), unmanned aerial vehicles (UAVs), unmanned ground vehicles (UGVs), and autonomous underwater vehicles (AUVs).
- By application, the market consists of entertainment, inspection & maintenance, domestic household tasks, education & research, security & surveillance, and others.
- By vertical, the mobile robotics market is segmented into manufacturing, logistics & warehousing, military & defense, healthcare, retail, automotive, and others.
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Regional Analysis:
The region-wise analysis of the market encompasses regions such as Europe, Asia Pacific, North America, and the rest of the world. The North American region is controlling the mobile robotics market owing to the deployment of mobile robots for various industrial applications and well-established robotics techniques. The Asia Pacific region holds the next major market for mobile robotics sowing to the rising industrialization and manufacturing actions in this region. The European region is responsible for the third major market for mobile robotics owing to the acceptance of mobile robotics in the automotive and healthcare industries in France, Germany, and the UK.
Major Highlights of TOC Covers:
- Executive Summary
- Key Business Trends
- Regional Trends and Growth
- Product Trends
- End-use Trends
- Definition and Forecast Parameters
- Mobile robotics Market Segmentation
- Mobile robotics Market Landscape
- Vendor Matrix
- Company Profiles
- Business Overview
- Financial Data
- Product Landscape
More…
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Market Analysis The mobile robotics market will grow at a healthy 17.15% CAGR between the forecast period 2018- 2023, states the recent Market Research Future (MRFR) analysis.
Mobile robotics is the branch of technology and science where developers make mobile robots that can move in all environments sans the need for human intervention.
According to the recent MRFR market estimates, such factors include the growing need for safety of life, demand from online retailers, the emergence of industry 4.0 into warehousing and logistics, advancements in technology, rising adoption in the agricultural sector, demand for intelligent robots, increasing adoption in machine learning, booming e-commerce sector, rising internet penetration, demand for automation solutions, and trend of online shopping.
On the contrary, lack of awareness among small scale industries of emerging technology, high cost of tools and equipment, scarcity of skill sets, challenges faced by mobile robots while working in untested environments, and the impact of the COVID-19 pandemic may deter the global mobile robotics market growth over the forecast period.
By navigation type, the mobile robotics market is segmented into autonomous underwater vehicles (AUVs), unmanned surface vehicles (USVs), unmanned aerial vehicles (UAVs), and unmanned ground vehicles (UGVs).
Based on application, the mobile robotics market is segmented into education and research, domestic household tasks, entertainment, security and surveillance, inspection and maintenance, and others.
Mobile robots represent powerful robots which act on a variety of operations according to their programmed configurations.Advancement in mobile robotics technology is significantly evolving in different functional areas as defense, warehousing, medical& healthcare, and logistics.
It aids the humans in managing a specific set of task to overcome the human restraining and efficient in saving the cost of production.Optimized use of the resource in terms of labor cost, aging workforce and growing demand for productivity are presumed to impel the demand for the market growth.
UGV is presumed to be the leading the segment over the projected year attributed to rising demand in the implementation in areas of military and defense agencies.
UAVs are presumed to witness a substantial increase throughout the projected period associated with significant increase in the areas of photography, defense, wildlife research and survey, military, surveying and mapping, and security applications.The USVs has been impelled by cost-efficient wireless data system and global positioning system, which supposed to continue over the next few years.Application InsightsBy end-use, the mobile robotic market is bifurcated into service and industrial segment.
Personal end-use comprised of domestic purposes such as maintenance, cleaning, and entertainment.
Professional end-use covers logistics, agricultural, forest harvesting, medical, mining, and military & defense.Reduced price of cameras and sensors and feasible and accessibility of open source software development platforms are propelling factors for the increased demand for domestic robots for personal end-use such as vacuum cleaners and lawn movers.
