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Mobile Robotics Market 2024 Key Players - ABB, Yaskawa Motoman Robotics, KUKA Robotics Corporation, FANUC, Denso Corporation, Epson America, Adept Technology, Nachi Robotic Systems

09-26-2018 11:31 AM CET | IT, New Media & Software

Press release from: Global Market Insights Inc.

Global Market Insights

Global Market Insights

Market Overview: -

Mobile Robotics Market size is estimated to grow at a double digit CAGR over the forecast timeline. Technological advancements in commercialization of automated cars and increased adoption by military and defense is expected to drive the mobile robotics market.

Major application areas where these devices are used include agriculture, transportation, inspection, maintenance, building, medical sectors, etc. For instance, farmers use them for performing different tasks, including harvesting, weeding and collecting crop data, etc. Advancement in sensors used for navigation, simplicity and increasing dependence on unmanned jobs have positive impact on the global mobile robotics market. Favorable funding scenario, presence of sensor manufacturers, robot manufacturers, automation system providers, software developers, manufacturing companies, and increasing application areas will fuel revenue growth.

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Top Key Players: -

The competition remains intense globally between the various companies in the mobile robotics market on the basis of product features, prices, customized solutions, and services offered. ABB, Yaskawa Motoman Robotics, KUKA Robotics Corporation, FANUC Ltd., are among key industry players. Notable companies also include Denso Corporation, Epson America, Adept Technology, Nachi Robotic Systems, Kawasaki Heavy Industries Ltd., Universal Robots, and Mitsubishi Electric Corporation.

Market share calculation in this report is not done based on companies covered in it. The calculation of Mobile Robotics Market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.

Regional Segmentations: -

In 2015 ABB, introduced YuMi robot, the world’s first collaborative industrial mobile robot communicating with humans. WiBotic is developing a kind of machine with wireless battery charging facility available for mobile, aerial and aquatic robots. Around 24,000 robots were ordered from North American companies in 2016, indicating an increase of seven percent in units. It is estimated that North America is the third to use robots after Japan and China. This inclination is due to the major fact that leading automation companies are reaching out to small and medium sized companies. U.S. mobile robotics market size is the key driver for the North American revenue.

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Lack of awareness among small scale industries of emerging technology, scarcity of skill sets to use them efficiently, high cost of such equipment and tools is expected to hamper the mobile robotics market growth. A company will be benefited more if they employ multiple robots than just a single device, which will require a greater efficiency in performance relating to higher degree of automation. A higher installed base invites new set of issues and handling problems, which may include map building, covering an entire area, maze solving etc.

The global mobile robotics market is segmented based on component, navigation, application and region. Based on component it is classified into hardware and software. Further, navigation is classified into Unmanned Aerial Vehicles (UAV), Unmanned Ground Vehicles (UGV), Unmanned Surface Vehicles (USV), Autonomous Underwater Vehicles (AUV). End uses include field applications, coating & dispensing, warehousing & logistics, painting & DE painting, domestic, entertainment, etc.

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About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com

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