Press release
Mobile Robotics Software Market Set to Reach $29.17 Billion by 2029 with 12.2% Yearly Growth
What Is the Estimated Market Size and Growth Rate for the Mobile Robotics Software Market?The mobile robotics software market is expected to grow from $16.37 billion in 2024 to $18.42 billion in 2025, at a CAGR of 12.5%. This growth is driven by advancements in sensor technology, improvements in computing power, developments in AI and machine learning, increasing demand for automation and efficiency across industries, and the need for safer and more flexible robotic systems.
Mobile Robotics Software Market: Expected to grow to $29.17 billion by 2029 at a CAGR of 12.2%. Growth is attributed to IoT proliferation, e-commerce/logistics sector expansion, automation in manufacturing/healthcare, autonomous vehicles, and cloud/edge computing. Trends include collaborative robots (cobots), AI/ML integration, autonomous mobile robots (AMRs), service robots, and swarm robotics software.
What Are the Forces Behind the Rapid Growth of the Mobile Robotics Software Market?
The increasing demand for automation is expected to boost the mobile robotics software market. Automation technologies reduce operational costs, improve efficiency, and minimize errors, leading to wider adoption across industries. Mobile robotics software plays a key role in this by enabling businesses to streamline processes and remain competitive. The International Federation of Robotics reported in September 2023 that global industrial robot installations grew by 5% in 2022. This rise in automation demand is fueling the growth of the mobile robotics software market.
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Who Are the Dominant Companies Influencing Mobile Robotics Software Market Trends?
Major companies operating in the mobile robotics software market are Lockheed Martin Corporation, ABB Ltd., Omron Corporation, KUKA Group, iRobot Corporation, Universal Robots AS, Brain Corp., Locus Robotics Corporation, Aethon Inc ., Fetch Robotics Inc., Liquid Robotics Inc., ROBOTIS Co. Ltd., SEER Robotics Corporation, Realtime Robotics Inc., Neurala Inc., Accelerated Dynamics X Ltd., EZ-Robot Inc., GeckoSystems International Corporation, Metrologic Group, RUVU Robotics Corporation, HG Robotics, Asimov Robotics Pvt. Ltd., Energid Technologies Corporation, iQuotient Robotics LLC, ZOUDA Studios Limited
What Are the Major Trends Shaping the Mobile Robotics Software Market?
In the mobile robotics software market, leading companies are focused on developing advanced solutions such as plug-and-play integration software to maintain a competitive edge. Plug-and-play integration software facilitates the easy and seamless integration of various systems, devices, or applications without the need for complex configuration. For example, in March 2023, Barcodes Group, a US-based technology company, launched its new autonomous mobile robotics (AMR) portfolio with plug-and-play integration software. This platform is designed for a range of applications, including warehousing and manufacturing, offering intelligent automation solutions with minimal cost and infrastructure changes required. The portfolio includes 12 robot models and software solutions that enable swift integration and fleet management.
What Are the Different Segmentations in the Mobile Robotics Software Market?
The mobile robotics software market covered in this report is segmented -
1) By Type: Land Or Home Robots (UGVs), Aerial Robots (UAVs), Underwater Robots (AUVs)
2) By Technology: AI And Machine Learning, Computer Vision, Sensors And Actuators, Navigation And Mapping
3) By Application: Delivery And Transportation, Agriculture And Industrial, Medical, Entertainment, Other Applications
4) By End-User: Military And Defense, Commercial, Consumer
Subsegments:
1) By Land or Home Robots (UGVs): Service Robots, Industrial Robots, Autonomous Mobile Robots (AMRs), Robotic Process Automation (RPA) Robots
2) By Aerial Robots (UAVs): Commercial Drones, Military Drones, Agricultural Drones, Surveillance And Inspection Drones
3) By Underwater Robots (AUVs): Remotely Operated Vehicles (ROVs), Autonomous Underwater Vehicles (AUVs), Hybrid AUV Or ROV Systems
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Which Region Is at the Forefront of the Mobile Robotics Software Market?
North America was the largest region in the mobile robotics software market in 2024. The regions covered in the mobile robotics software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Mobile Robotics Software Global Market Report?
- Market Size Analysis: Analyze the Mobile Robotics Software Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Mobile Robotics Software Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Mobile Robotics Software Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Mobile Robotics Software Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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