Press release
Mobile Robotics Market Research Analysis, Characterization and Quantification Forecast by 2030
Mobile Robots are capable of locomotion in any environment, without any assistance required from human. Mobile robots can travel in air, under-water, land, as well as in the space; utilizing various software, sensors, hardware, power electronics and AI to control the functions. Mobile robotics hold wide applications in military & defense, healthcare, domestic, Logistics, warehousing, entertainment, education, agriculture & forestry, as well as in other industrial verticals.
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Top Companies: Boston Dynamics, Amazon Robotics, Honda Motor Co. Ltd, iRobot Corporation, Kuka AGLockheed Martin Corporation, Softbank Robotics, Ubtech Robotics Inc., Kongsberg Maritime, and Northrop Grumman Corporation
Market Dynamics and Trends
The global mobile robotics market is proliferating due to increasing adoption of mobile robots in various industrial, commercial, domestic, as well as military & defense sector. In addition to this factors such as, surging demand for mobile logistics in warehousing, agriculture, pharmaceuticals, and retail businesses; further supplements the growth of global mobile robotics market in near future.
Furthermore, growing demand of mobile robots in the military & defense sector for safety, the utilization of professional service robots deployed to serve various purpose in the battle-filed is gaining momentum, thereby propagating the growth of the global mobile robotics market.
However, high manufacturing cost and obstacles faced by these mobile robots while working in untested environment, are expected to hinder the growth of the global mobile robotics market.
Moreover, factors such as increased partnerships and strategic collaborations among the market players, advancements in AI, IoT and robotics technologies, as well as rapid industrialization, are likely to create lucrative opportunities in the global mobile robotics market over the forecast period.
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Market Segmentations and Scope of the Study:
The global mobile robotics market has been analyzed based on product, component, application, and geography.
Based on product, the mobile robotics market is segmented into ablation AUV, UGV and UAV. Based on component, the mobile robotics market is fragmented into hardware, support & service, and software. The hardware segment is further sub segmented into sensors, actuators, power supply, and control system. Based on application, the mobile robotics market is bifurcated into entertainment, education, Logistics & warehousing, military & defense, healthcare, domestic, agriculture & forestry, and others. Geographic breakdown and analysis of each of the previously mentioned segments include regions comprising North America, Europe, Asia-Pacific, and RoW.
Geographical Analysis
North America region is expected to maintain its dominance in the global mobile robotics market throughout the forecast period, accounting for the highest market share. This is due to higher adoption of robotics technology, presence of technologically advanced robotics system, and major market players in this region.
Asia Pacific region is expected to hold the second-largest market share in the global mobile robotics market, owing to rapid industrialization, and untapped opportunities offered by the emerging economies present in this region.
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Next Move Strategy Consulting is an independent and trusted third-platform market intelligence provider, committed to deliver high quality, market research reports that help multinational companies to triumph over their competitions and increase industry footprint by capturing greater market share. Our research model is a unique collaboration of primary research, secondary research, data mining and data analytics.
We have been servicing over 1000 customers globally that includes 90% of the Fortune 500 companies over a decade. Our analysts are constantly tracking various high growth markets and identifying hidden opportunities in each sector or the industry. We provide one of the industry’s best quality syndicate as well as custom research reports across 10 different industry verticals. We are committed to deliver high quality research solutions in accordance to your business needs. Our industry standard delivery solution that ranges from the pre consultation to after-sales services, provide an excellent client experience and ensure right strategic decision making for businesses.
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