Overview

Global Mobile Robotics Market is estimated to value over USD 39.5 billion by 2026 end and register a CAGR of over 21.5% during the forecast period 2019 to 2026.

 

The key factor driving the growth of the mobile robotics market is the high rate of adoption of robots for personal uses, such as entertainment and companionship. Furthermore, rising demand for automated ground vehicles (AGVs) of warehouse automation positively affects the market growth.

There has been an increase in demand for automation across the world. Companies are automating their operation and manufacturing processes to save time, reduce cost and deliver products of better quality. With tough competition in the global market, companies are automating their processes for increased productivity, worker safety and better quality. 

Integration capabilities required for the initial setup of mobile robotics and high installation costs restrain their adoption. Maintenance, initial investment and high costs of employing robotic systems due to the integration of efficient software control system along with high-quality hardware. The need for high initial investment limits the use of mobile robotics in different industries like education, agriculture, healthcare, logistics and others thus impeding the growth of the market.

The main challenge that impedes the growth of the global mobile robotics market is the navigation of unmapped environments. Mobile robots are designed and programmed to perform tasks and functions in a set environment. Navigating and mapping techniques are predicted to continue to evolve in the future. Nonetheless, logistic robots are unable to function in untested environments or they cannot be programmed which impedes the market growth.

 

Key market players include Amazon Robotics, Boston Dynamics, Honda Motor Co. Ltd., iRobot, Kuka AG, Kongsberg Maritime, Lockheed Martin Corp., Northrop Grumman Corp., Softbank Robotics, Ubtech Robotics Inc. 

 

Global Mobile Robotics Market Segmentation:

By Product

· Unmanned Ground Vehicle (UGV)

· Unmanned Aerial Vehicle (UAV)

· Autonomous Underwater Vehicle (AUV)

 

By Component

· Hardware

o Sensors

o Actuators

o Power Supply

o Control System

· Software

· Support & Service

  

By Application

· Logistics & Warehousing

· Military & Defense

· Healthcare

· Domestic

· Entertainment

· Education

· Agriculture & Forestry

· Others

 

By Region

· North America

· Europe

· Asia Pacific

· Latin America

· Middle East & Africa

 

FutureWise Key Takeaways:

• Growth prospects

• SWOT analysis 

• Key trends 

• Key data-points affecting market growth 

 

 Objectives of the Study:

· To provide with an exhaustive analysis on the mobile robotics market by product, by component, by application and by region

· To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)

· To evaluate and forecast micro-markets and the overall market 

· To predict the market size, in key regions (along with countries)— North America, Asia Pacific, Europe, Latin America and Middle East & Africa

· To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions

· Profiling of companies to evaluate their market shares, strategies, financials and core competencies

$3450

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What you get


  • Excel Dataset

  • Infographics

  • PDF Report

  • Market Overview

  • PowerPoint Presentation

What's included


  • Consumer Perception and Procurement

  • Competitive Analysis

  • What’s Next

  • Market Data Forecast

  • Risks and Opportunity Assessment

  • Market Trends and Dynamics