Mobile Robotics Market by Navigation & Applications, Global Opportunity Analysis and Industry Forecast To 2017-2023

Mobile robots imply non-stationary robots, those that perform various operations according to their configuration. They are used for numerous industry operations as well as to perform critical activities in which human life can be exposed to risk.
Mobile robotics technology is becoming increasingly popular in sectors such as logistics, warehousing, medical & healthcare and defense. It assists in efficiently managing industry specific activities, overcomes human constraints and optimizes cost by saving HR expenses. The study highlights key benefits that add competitive value to companies and market dynamics facilitates business planning.

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The market is driven by factors such as sophistication of artificial intelligence software, converging robotics technology with mobile technologies. The market faces limitations due to time-consuming activities such as R&D, manufacturing and marketing. Better growth opportunities are perceived due to comparatively untapped markets in African countries and worldwide increasing defense spending.

Mobile Robotics Market by Navigation-According to navigation technologies, market is segmented into types such as unmanned ground vehicles (UGV), unmanned aerial vehicles (UAV), unmanned surface vehicles (USV) and autonomous underwater vehicles (AUV). UGV, which also includes automated guided vehicles (AGV) is the largest segment in the current market. UGV is expected to continue its market leadership due to growing demand of AGV in warehousing and distribution.

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Mobile Robotics Market by Applications-As per applications of the technology, market is classified into logistics & warehousing, defense, medical & healthcare, domestic, field applications, entertainment and others. Among all defense, logistics and warehousing segments are leading the market due to early adoption. Domestic applications market is becoming increasingly popular due to adoption of robotic vacuum cleaners, etc.

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