Press release
Global Mobile Industrial Robot Market Is Anticipated To Reach US$ 31.1 Billion By The End Of 2033
Mobile Industrial Robot Market
Mobile industrial robots, also known as autonomous mobile robots (AMRs) or collaborative mobile robots (CMRs), are designed to perform a variety of tasks such as material handling, transportation, picking and placing items, and repetitive assembly line work. They are often used to automate routine and labor-intensive processes, increase productivity, and improve workplace safety.
Key factors driving the growth of the mobile industrial robot market include:
1. Automation and Industry 4.0: With the increasing adoption of automation and the emergence of Industry 4.0, businesses are looking for ways to enhance efficiency and productivity. Mobile robots provide flexible and adaptable automation solutions that can be integrated into existing production systems.
2. Labor shortages: Many industries are facing challenges in finding and retaining skilled labor. Mobile robots offer a solution by taking over repetitive and physically demanding tasks, reducing the reliance on human workers.
3. Cost savings: Mobile robots can deliver cost savings in the long run by reducing labor costs, minimizing errors, and optimizing workflows. They can work 24/7 without breaks and perform tasks with high accuracy and consistency.
4. Safety improvements: Collaborative mobile robots are designed to work safely alongside humans, using sensors and advanced algorithms to detect and avoid obstacles. This improves workplace safety by reducing the risk of accidents and injuries.
5. Technological advancements: Advances in sensor technology, artificial intelligence, and machine learning have contributed to the development of more intelligent and capable mobile robots. These advancements have expanded the range of tasks that can be automated using mobile robots.
The market is expected to continue growing as more industries recognize the benefits of mobile robots and invest in automation. Factors such as improved battery technology, connectivity, and the integration of robots with other technologies like Internet of Things (IoT) and cloud computing are also expected to drive the market further.
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Key findings of the Mobile Industrial Robot market study:
• The report provides a present market outlook on Mobile Industrial Robot. Additionally, the Mobile Industrial Robot market share is anticipated to grow with a CAGR of 15.7% in the forecast period.
• Regional breakdown of the Mobile Industrial Robot market based on predefined taxonomy.
• Innovative manufacturing processes implemented by Mobile Industrial Robot vendors in detail.
• Region-wise and country-wise fragmentation of the Mobile Industrial Robot market to grasp the revenue, and growth outlook in these areas.
• Changing preferences among consumers across various regions and countries.
• Factors (Positive and Negative) impacting the growth of the global Mobile Industrial Robot market.
• Mobile Industrial Robot price, market share, and Trends forecast for assessment period 2023-2033
Why Automotive Industry Increases the Demand for Mobile Industrial Robot?
The increased need for automation has led to a quick increase in the usage of mobile industrial robots across a variety of end-use sectors. The growing use of automation in the automotive production process, as well as the incorporation of AI and ML technologies, are the main factors driving the need for mobile industrial robots in the automobile sector.
In addition, the number of available workers is dwindling as a result of high employment rates and rising wages, and social pressure to uphold a safe and comfortable workplace further supports the expansion of the market for mobile robots in various automotive industries.
Additionally, by incorporating mobile industrial robots into the workforce, the automotive sector may cut non-value work hours and assign value-adding jobs to their present workers in a safer environment. Additionally, it is predicted that the use of mobile industrial robots in the automotive industry would increase revenue significantly and expand at a CAGR of 16.6% during the forecasted period.
Competitive landscape analysis
To explore the possibilities of mobile industrial robots, manufacturers are focusing on incorporating new technologies and collaborating with companies on the global market. Producers are largely focused on developing cutting-edge automation systems that are dependable, affordable, easy to implement, and have a quick return on investment.
Additionally, in order to achieve high profit margins, businesses are concentrating on extending their geographic reach into new regions. The market giants that want to grow their businesses thus pick acquisition and partnership as their preferred approaches.
Some of the leading companies operating in the market are :
• Adept Technology
• Bastian Solutions
• Fetch Robotics
• Grenzebach
• Kollmorgen
What insights does the Mobile Industrial Robot report provide to the readers?
• Mobile Industrial Robot fragmentation on the basis of product type, end use, and region.
• Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape.
• Collaborations, R&D projects, acquisitions, and product launches of each Mobile Industrial Robot
• Various regulations imposed by the governments on the consumption of Mobile Industrial Robot in detail.
Segmentation of Mobile Industrial Robot Industry Research
· By Type :
• Jacking Robots
• Smart Forklifts
• Picking Robots
• Others
· By Configuration :
• Semi-Automated
• Fully Automated
· By Enterprise Size :
• Small Enterprises
• Medium Enterprises
• Large Enterprises
· By End Use Industry :
• Automotive
• Electronics
• Healthcare
• Food & Beverages
• Medicine
· By Load Capacity (Kg) :
• 100 - 500
• 500 - 1,000
• 1,000 - 1,500
• Above 1,500
· By Region :
• North America
• Latin America
• Europe
• East Asia
• South Asia & Oceania
• MEA
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