Global Mobile Robotics Market to Reach $81.5 billion by 2028: COVID Impact, Opportunities, Trends and Forecast

Evolve business intelligence, today has published a new market research report on “Mobile Robotics Market with COVID-19 impact, global and segmental analysis”. According to the report, the global Mobile Robotics market is expected to grow from $13.7 billion in 2020, which is expected to reach $81.5 Billion by 2028, growing at a CAGR of 24.23% from 2020 to 2028.

For more information on the report: https://evolvebi.com/product/mobile-robotics-market-analysis-and-global-forecast-2021-2028-with-covid-impact-analysis/

The COVID-19 pandemic has led to disruption in the supply chain leading to lower demand or supply shortages in the Mobile Robotics market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is expected to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers adopting various strategies to stabilize the company.

In terms of COVID 19 impact, the Mobile Robotics market report also includes the following data points:
• COVID19 Impact on Mobile Robotics market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in the Mobile Robotics market

Analyst View
According to Parimal, Principal Analyst, Evolve Business Intelligence, “the recent COVID scenario is expected to provide significant opportunities to robotics market as various restriction are imposed. Robots have been deployed in the hospital to support the frontline staff responding to the pandemic in a contagious environment. Various countries have installed robots which are capable of scanning the temperature of people and also detect person without wearing a mask and send alert to relevant authorities.”

Competitive Scenario
Some of the major smart cities’ players holding high market share include Northrop Grumman, Honda Motor, Softbank, and iRobot These players use new product development and expansion as a key strategy to gain significant market share to compete with market leaders.

Segmental Analysis
Based on Operating Environment
• Aerial
• Ground
• Marine
Based on Component
• Hardware
• Sensors
• Actuators
• Others
Based on Application
• Domestic
• Logistic
• Military
• Others

Report Coverage
The study also contains a comprehensive value chain, as well as details on the key factors affecting the market growth (drivers, constraints, and opportunities). Furthermore, the report includes 10 key players in the Mobile Robotics market ecosystem that have been strategically profiled, along with the market ranking/share for major players. Under the company profile section, the company’s core competencies have been comprehensively analyzed, along with detailing the competitive landscape for the market players, and the strategies such as partnerships and collaboration, acquisitions, product launches and developments, contracts, and business expansion adopted by them to grow in the market.

The key players profiled in the report are:
• Northrop Grumman
• Honda Motor
• Softbank
• iRobot
• Ubtech Robotics Inc
• Lockheed Martin
• Kongsberg Maritime
• KUKA
• Bluefin Robotics
• Samsung Electronics

To request a free sample report, click on the “Request Sample PDF” button on https://evolvebi.com/product/mobile-robotics-market-analysis-and-global-forecast-2021-2028-with-covid-impact-analysis/

Research Methodology
This research study makes substantial use of secondary sources, archives, and databases (such as annual reports, news releases, magazines, Trademap, company websites, and other paid databases) to classify and gather information valuable for this analysis. The entire process involves a review of top industry participants' financial records. Following the determination of the overall market size, the total market was divided into several segments and sub-segments, and this information was then verified through key industry specialists such as CEOs, directors, VPs, and marketing executives.

Report Objectives
• To define, describe, and forecast the Mobile Robotics market, in terms of value, segmented based on indication, type, technology, and geography
• To forecast the market size across 4 key regions—Asia Pacific (APAC), North America, Europe, and Rest of the World (RoW)
• To provide detailed information regarding drivers, restraints, and opportunities, in the Mobile Robotics market
• To provide an overview of the value chain analysis of the Mobile Robotics industry
• To strategically analyze each segment and subsegment concerning individual overall growth trends and their contribution to the overall Mobile Robotics market
• To analyze opportunities in the market by identifying high-growth segments of the Mobile Robotics market
• To profile key players in the Mobile Robotics market and comprehensively analyze their core competencies
• To analyze competitive developments such as partnerships, product launches and developments, contracts, and mergers and acquisitions carried out in the global Mobile Robotics market

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This release was published on openPR.