Press release
Mobile Cobots Market to Reach USD 8.92 Billion by 2031 Amid Rising Automation Demand
Mobile Cobots Market
Access key findings and insights from our Report in this sample - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=17747
Market Introduction
Mobile cobots represent the convergence of autonomous mobile robots (AMRs) and collaborative robotic arms, providing industries with innovative automation solutions. These robots are equipped with advanced sensors, AI-powered navigation, and vision systems, making them suitable for a wide range of applications, including assembly, material handling, inspection, and logistics.
As the adoption of Industry 4.0 accelerates, mobile cobots are gaining prominence due to their ability to offer interoperability, transparency, and decentralized decision-making capabilities. Businesses are increasingly integrating cobots into their operations to enhance productivity and meet evolving manufacturing demands.
Market Drivers
Several key factors are fueling the growth of the global mobile cobots market:
• Growing Demand for Automation: Industries are embracing automation to improve efficiency and reduce operational costs.
• Worker Safety & Retention: Cobots reduce workplace injuries by handling hazardous tasks and ensuring a safer work environment.
• Rising Demand from SMEs: Small and medium-sized enterprises (SMEs) are increasingly adopting mobile cobots due to their cost-effectiveness and ease of deployment.
• Advancements in AI & Machine Learning: Enhanced navigation, perception, and decision-making capabilities are improving the functionality of cobots.
• Declining Costs of Robotics Components: Affordable sensors, actuators, and processors are making cobots more accessible across various industries.
Key Players
The mobile cobots market is highly competitive, with several key players driving innovation and market expansion. Notable companies include:
• Universal Robots
• ABB Ltd
• Aubo Robotics
• Fanuc Corporation
• Kawasaki Heavy Industries, Ltd.
• KUKA AG
• Precise Automation, Inc.
• Rethink Robotics
• Robert Bosch GmbH
• TECHMAN Robots
• Yaskawa Electric Corporation
Recent Developments
• August 2022: KUKA AG secured record-breaking orders amid strong demand for automation solutions.
• June 2022: Universal Robots introduced a new 20 kg payload cobot to expand its product portfolio.
• May 2022: Nokia and Mobile Industrial Robots (MiR) showcased the benefits of 5G-powered cobots at LogiMat, Germany.
• January 2022: KUKA AG signed a major contract with Ford Otosan for over 700 robots to support electric vehicle production.
• April 2021: Doosan Robotics launched the Doosan ROS 2 package, positioning itself as a leader in next-generation cobot software.
Market Trends
• Increased Deployment in Warehousing & Logistics: Cobots are being widely used in e-commerce and supply chain operations.
• Surge in Demand for Small Payload Cobots: SMEs are increasingly adopting cobots with payload capacities between 1-5 kg for lightweight applications.
• Integration with IoT & Cloud Computing: Cobots are now equipped with remote monitoring and predictive maintenance capabilities.
• Enhanced Human-Robot Collaboration: Improvements in safety features and AI-driven decision-making are facilitating seamless collaboration between cobots and human workers.
Review our report to gain deeper insights and understanding - https://www.transparencymarketresearch.com/mobile-cobots-market.html
Regional Insights
• Europe dominated the global mobile cobots market in 2021, holding a 32.5% share, driven by extensive R&D and industrial automation adoption.
• North America accounted for 28.2% of the market, with strong demand from the logistics and automotive sectors.
• Asia-Pacific held 26.7% of the market, led by rapid industrialization in China, Japan, and South Korea.
Market Segmentation
Component
• Hardware
• Arm / End Effector
• AMR
• Controller
• Vision System
• Accessories
• Software
• Services
Capacity
• 1 to 3 kg
• 3 to 5 kg
• 5 to 10 kg
• Above 10 Kg
Application
• Assembly
• Machine Tending
• Quality Inspections
• Process(Material Removal/gluing/dispensing/welding/finishing)
• Material Handling
• Others (Maintenances Activities, Packaging, Inventory, etc.)
Buy this Premium Research Report for exclusive, in-depth insights - https://www.transparencymarketresearch.com/checkout.php?rep_id=17747<ype=S
Future Prospects
Looking ahead, the mobile cobots market is poised for sustained growth. Future developments include:
• Wider adoption in healthcare for patient assistance and laboratory automation.
• Increased integration of AI and 5G to enhance real-time data processing and decision-making.
• Advancements in grippers and end effectors for more precise handling of complex tasks.
• Growing investment in emerging markets as automation trends expand beyond traditional industrial hubs.
Frequently Asked Questions (FAQs)
Q1: What is the expected market size of the global mobile cobots market by 2031?
A: The market is projected to reach US$ 8.92 billion by 2031.
Q2: What factors are driving the growth of mobile cobots?
A: Key drivers include increasing automation demand, enhanced worker safety, technological advancements, and the rise of Industry 4.0.
Q3: Which industries are adopting mobile cobots the most?
A: Mobile cobots are widely used in manufacturing, logistics, automotive, electronics, food & beverage, and healthcare sectors.
Q4: What is the role of AI in mobile cobots?
A: AI enhances cobots' decision-making, navigation, object recognition, and predictive maintenance capabilities.
Q5: Who are the leading players in the mobile cobots market?
A: Major companies include Universal Robots, ABB Ltd, KUKA AG, Fanuc Corporation, and Yaskawa Electric Corporation.
Explore Latest Research Reports by Transparency Market Research:
Artificial Intelligence (AI) Camera Market: https://www.transparencymarketresearch.com/artificial-intelligence-camera-market.html
Electronics and Semiconductor Materials Market: https://www.transparencymarketresearch.com/electronics-and-semiconductor-materials-market.html
About Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact:
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Email: sales@transparencymarketresearch.com
Follow Us: LinkedIn| Twitter| Blog | YouTube
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Mobile Cobots Market to Reach USD 8.92 Billion by 2031 Amid Rising Automation Demand here
News-ID: 3907627 • Views: …
More Releases from Transparency Market Research
Global Solar Powered Agricultural Dryer Market to Exceed USD 2.4 Billion by 2031 …
The global solar powered agricultural dryer market, valued at US$ 1.6 billion in 2022, is projected to grow at a CAGR of 5.8% from 2023 to 2031, reaching US$ 2.4 billion by the end of 2031. Rising investments in renewable energy, growing awareness of sustainable agricultural practices, and the rapid expansion of the agricultural sector driven by population growth are key factors fueling market growth.
Uncover essential discoveries and trends from…
Technetium-99m Market Forecast 2034: Rising Demand for Diagnostic Imaging and Ra …
The global Technetium‐99m Market was valued at US$ 6.0 Billion in 2023 and is projected to grow at a CAGR of 3.3% from 2024 to 2034, surpassing US$ 8.6 Billion by the end of the forecast period. Advancements in nuclear imaging infrastructure, government-backed healthcare initiatives, and an increasing demand for precise diagnostic procedures are fueling this growth.
Discover essential conclusions and data from our Report in this sample -
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=77100
Analysts' Viewpoint
The Technetium‐99m…
Equine Diagnostic Services Market Outlook 2030: From US$ 168 Million in 2019 to …
The global Equine Diagnostic Services Market, valued at approximately US$ 168 million in 2019, is projected to expand at a compound annual growth rate (CAGR) of ~5% from 2020 to 2030, reaching around US$ 280 million by 2030. Equine diagnostic services, encompassing tests like genetic, infectious disease, and imaging diagnostics, are critical for managing horse health in veterinary hospitals, clinics, and mobile settings. The market is driven by increasing equine…
Digital Printing Market to Reach USD 54.4 Billion by 2034, Growing at a CAGR of …
The digital printing market is experiencing strong growth, driven by rapid technological advancements, rising demand for personalized and on-demand printing, and an increasing focus on sustainable solutions. Digital printing allows for the direct transfer of digital files onto a wide range of substrates, offering high-resolution output with greater speed and flexibility. Its adaptability has led to broad adoption across industries such as packaging, textiles, publishing, and advertising-sectors where customization, efficiency,…
More Releases for Cobots
Versatile Cobots Market Outlook and Future Projections for 2030
Versatile cobots, or collaborative robots, are designed to work alongside human operators, enhancing productivity and safety in various industries. Unlike traditional industrial robots, cobots are flexible, easy to program, and adaptable to different tasks, making them ideal for manufacturing, assembly, and quality control processes. Their collaborative nature allows them to assist workers without the need for extensive safety barriers, fostering a more interactive and efficient work environment.
The versatile cobots market…
Mobile Cobots Market Valuation USD $2,770.8 Million by 2027
Mobile Cobots Market may consider the CAGR of 25.5% by 2027. The manufacturing industry is considered at an early age of adoption automation, as well as the facing, significantly challenged like infrastructure resources and skilled work for Robotics Technologies. It may consider the collaboration with the help of the Intelligence and human-machine interface to consider something with the internet. It is a have benefactors overcome all these challenges among all…
The Europe Logging Trailer Market to ride on cobots
Persistence Market Research's latest report on the global automotive steering wheel market projects that over 2286 Mn Units of the automotive steering wheels will be shipped by 2027-end. As per the report, the US$ 337,585 Mn automotive steering wheel market will ride at a strong CAGR of 8.27% over the forecast period (2017-2027) to reach a valuation of US$ 899,559.9 Mn. As self-driving technology slowly becomes a reality, automotive…
The Passenger Vehicles Market to ride on cobots
Market Overview
Passenger vehicles are the most common mode of conveyance in the developed countries and they are increasing in numbers in the developing countries as well due to increasing per capita income. Passenger vehicles market in a country is by large dependent on its present economic condition which is why this industry tumbled down during the U.S. and European recessions. Many of the passenger vehicle manufacturers including General Motors, Ford…
Impact Of Covid-19 Outbreak On Mobile Cobots Market
According to a new market research report, published by Transparency Market Research, the mobile cobots market is expected to reach US$ 4,472.53 Mn by 2026, expanding at a CAGR of 33.4% from 2018 to 2026.
Obtain Report Details @ https://www.transparencymarketresearch.com/mobile-cobots-market.html
According to the report, the mobile cobots market is likely to continue to be influenced by a range of macroeconomic and market-specific factors in the next few years. In terms of…
Mobile Cobots Market size Witness Increase in Revenues by 2025
"The cobots industry is projected to gain traction in Europe region owing to favorable regulations promoting cobots applications across industries for reducing the need for safety barriers between humans and robots.
Mobile cobots are intelligent and easily transportable robots that are designed to work as assistants alongside people in a shared workplace. With the help of cutting-edge, self-driving vehicle technology, these cobots are set to upend the world of industrial robots…
