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Mobile Robotics Software Market Analysis by Recent Trends And Forecast | ABB, Accelerated Dynamics X Ltd., Aethon Inc., Asimov Robotics, Brain Corp, Energid Technologies Corporation, EZ-Robot Inc., Fetch Robotics Inc., iRobot Corporation, Kawasaki Robotic
In 2016, North America held a significant share in overall mobile robotics software industry size and accounted for a revenue generation of over USD 430 million. This robust growth across the region can be attributed to extensive deployment of robots in the U.S. Moreover, heavy demand can be expected over the coming years owing to increasing use of robots for household applications, including lawn mowing, vacuum cleaning floors and carpets, etc.
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Favorable government initiatives to integrate mobile robotics software systems to ensure safety of humans operating in robot-driven settings will increase the demand for software solutions for customized applications over the analysis period. Emergence of startups based on mobile robotics technology is playing a major role in the growth of the market. Increased availability of low-cost hardware on account of development of low cost, high quality sensors and other electronic parts has led to widespread deployment of robots in numerous end use cases, which is triggering mobile robotics software industry demand. In terms of revenue, mobile robotics software market size is forecast to exceed USD 3.5 billion by 2024.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. ABB
2. Accelerated Dynamics X Ltd.
3. Aethon Inc.
4. Asimov Robotics
5. Brain Corp
6. Energid Technologies Corporation
7. EZ-Robot Inc.
8. Fetch Robotics Inc.
9. Geckosystems International Corp.
10. iRobot Corporation
11. Kawasaki Robotics
12. KUKA AG
13. Liquid Robotics Inc.
14. Lockheed Martin
15. Locus Robotics
16. Metrologic Group
17. Neurala
18. Omron Adept Mobilerobots
19. LLC.
20. RE2 Inc.
21. Robotis
22. Seebyte Ltd.
23. Universal Robots A/S
Increasing investments from robotic manufacturers coupled with extensive application in portable vacuum cleaners, delivery robots, telepresence robots, commercial UAVs, etc., is anticipated to propel mobile robotics software market growth over 2017-2024. Technological advancements targeted towards improving environment safety in a robot-driven setting is fueling the demand for mobile robotics software market over the coming years.
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In 2016, ground mobile robotics software market generated a revenue of around USD 500 is estimated to hold a major portion of overall mobile robotics software business share over the analysis period. Extensive utilization of robots in defense sector and in other security applications will fuel product penetration, hence driving mobile robotics software industry growth.
Unmanned aerial vehicle or aerial robot product type is estimated to showcase exceptional growth rate of 19% over the analysis period, owing to growing demand from agriculture and logistics sectors. Favorable government initiatives, such as funding and subsidiaries has significantly increased number of agriculture drones and is expected to supplement mobile robotics software market share over the forecast timeline.
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