Press release
Transformative Trends Impacting the Mobile Robotics Software Market Landscape: Introducing Technologically Advanced Platforms For Enhanced Efficiency
Mobile Robotics Software
How Large Will the Mobile Robotics Software Market Size By 2025?
In recent times, there has been remarkable growth in the mobile robotics software market size. The market which is expected to rise from a value of $16.37 billion in 2024 to reach $18.42 billion by 2025, predicts a compound annual growth rate (CAGR) of 12.5%. This significant growth observed in the historical period is due to various reasons such as enhancements in sensor technology, increased computing capabilities, advancements in artificial intelligence and machine learning. Other key reasons involve widespread demand for automation and greater efficiency across different sectors, along with the requirement for safer, more adaptable robotic systems.
How Big Is the Mobile Robotics Software Market Size Expected to Grow by 2029?
The market for mobile robotics software is predicted to experience swift expansion in the coming years, reaching a market size of $29.17 billion in 2029 with a compound annual growth rate (CAGR) of 12.2%. Several factors contributing to this growth during the projected period include the widespread use of Internet of Things (IoT) technology, growth in e-commerce and logistics industries, increased implementation of automation in the sectors of manufacturing and healthcare, the demand for self-sufficient vehicles and drones, along with advancements in cloud computing and edge computing capabilities. The forecasting period is also expected to see major trends emerging, such as the popularity of collaborative robots (cobots), the incorporation of artificial intelligence and machine learning for adaptive and predictive functions, the growth of autonomous mobile robots (AMRs) in logistics and warehousing, the rise of service robots in healthcare and retail sectors, and the creation of software solutions for swarm robotics and multi-robot coordination.
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Which Key Market Drivers Powering Mobile Robotics Software Market Expansion and Growth?
The mobile robotics software market is set for substantial growth driven by a surge in demand for automation. Automation, the practice of employing technology to produce goods and deliver services with minimal human input, is gaining increased popularity across diverse sectors. This is largely due to its ability to lower operational expenses by enhancing efficiency, decreasing labor costs, reducing mistakes, and optimally using resources. Mobile robotics software plays a crucial role in enabling automation, helping businesses streamline operations, escalate productivity, and stay competitive in the rapidly evolving commercial environment. For example, as per the International Federation of Robotics, a not-for-profit entity based in Germany, in September 2023, the number of industrial robot installations worldwide stood at 553,052, marking a 5% growth from 2022. Thus, the rise in demand for automation bolsters the expansion of the mobile robotics software market.
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Which Fast-Growing Trends Are Poised to Disrupt the Mobile Robotics Software Market?
Key players in the mobile robotics software market are concentrating on creating cutting-edge solutions like plug-and-play integration software to stand out in the competition. Plug-and-play integration software is a technology that allows the smooth and effortless combining of different systems, devices, or software applications without necessitating a lot of configuration or customization. For example, in March 2023, a technology enterprise in the United States named Barcodes Group, which offers products, software, and services, rolled out its newest autonomous mobile robotics (AMR) collection, equipped with plug-and-play integration software. This revamped platform provides intelligent automation answers to businesses and is fit for a variety of applications from warehouse completion to manufacturing. It assures amplified efficiency, speed, and not much expense or changes in infrastructure. The collection holds a range of 12 robot models plus quick integration software, fleet management software that is harmonious and extensive deployment support.
What Are the Emerging Segments 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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Who Are the Global Leaders in the Mobile Robotics Software Market?
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
Which are the Top Profitable Regional Markets for the Mobile Robotics Software Industry?
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.
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