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Mobile Robots Global Market 2024 Strategic Outlook Key Trends and Growth Projections
Mobile Robots
As per the report, the mobile robots market size has grown exponentially in recent years. It will grow from $21.23 billion in 2023 to $25.81 billion in 2024 at a compound annual growth rate (CAGR) of 21.6%. The mobile robots market size is expected to see exponential growth in the next few years. It will grow to $56.58 billion in 2028 at a compound annual growth rate (CAGR) of 21.7%.
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What Is Driving The Growth Of The Global Mobile Robots Market?
E-commerce Surge Fuels Mobile Robots Market Growth
Increasing e-commerce activity is expected to propel the growth of the mobile robots market going forward. E-commerce activity refers to online transactions where goods or services are purchased through electronic platforms such as websites or mobile apps. E-commerce activity is rising due to increasing consumer preference for online shopping, driven by convenience, broader product selection, and competitive pricing. Mobile robots are increasingly used in e-commerce for automating warehouse operations and enhancing efficiency in picking, packing, and inventory management. They help reduce labor costs and improve order fulfillment speed, contributing to overall customer satisfaction.
What Is The Key Trend In The Global Mobile Robots Market?
Advancements In AI-Powered Mobile Robots Transforming Automation And Efficiency
Major companies operating in the mobile robots market are focusing their efforts on developing technologically innovative solutions, such as the development of artificial intelligence (AI)-powered mobile robots, to enhance autonomous navigation, real-time data analysis, and adaptive learning capabilities. AI-powered mobile robots refer to robotic systems equipped with artificial intelligence capabilities that enable them to perceive their environment, make decisions, and execute tasks autonomously or semi-autonomously.
How Is The Global Mobile Robots Market Segmented?
The mobile robots market covered in this report is segmented -
1) By Product: Automated Guided Vehicle (AGV), Autonomous Mobile Robot (AMR)
2) By Form Factors: Forklifts, Tow Or Tractor Or Tug, Unit Load, Assembly Line
3) By Navigation Sensor: Reflector, Quick Response Code, Laser Or Light Detection And Ranging, Camera, Other Navigation Sensors
4) By Application: Agricultural, Cleaning, Educational, Healthcare, Manufacturing, Warehousing And Logistics, Other Applications
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How Is The Competitive Landscape Of The Global Mobile Robots Market?
Major companies operating in the mobile robots market are Samsung Electronics Inc, LG Electronics Inc, Northrop Grumman Corporation, ABB Group, KION Group AG, Omron Automation Corp, Zebra Technologies Inc, Kuka AG, Teradyne Inc, Kongsberg Maritime Corporation, iRobot Corporation, ECA GROUP, Aethon Inc, JASCI LLC, DJI Corporation, Blue Frog Robotics Inc, Promobot LLC, OTTO Motors Inc, GeckoSystems Intl Corp, Mayfield Robotics Inc, Nauticus Robotics Inc.
Contents Of The Global Mobile Robots Market
1. Executive Summary
2. Mobile Robots Market Report Structure
3. Mobile Robots Market Trends And Strategies
4. Mobile Robots Market - Macro Economic Scenario
5. Mobile Robots Market Size And Growth
…..
27. Mobile Robots Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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