Mobile Robotics Market : Persistent Technological Advancements to Propel Market Growth

Mobile robots are mobile in nature. They are used in industrial activities for logistics and warehousing distribution, painting and de-painting, assembly, coating and dispensing and inspection applications. In addition, they are used in service segments including defense, medical and healthcare, field applications and for domestic and entertainment applications.

The mobile robotics market is driven by various factors comprising integration of robotics with mobile technologies, other smart products, and appliances, Moreover, increasing grants and funds by governments, and decreasing price of sensors and cameras and availability of open source platforms are also key factors propelling the market growth. The global mobile robotics market was valued at USD 6,249.6 million in 2012 and is expected to grow at a CAGR of 12.6% during the forecast period from 2013 to 2019. However, longer time to market and lack of experts in R&D of mobile robotics market are some of the factors inhibiting the growth of this market.

UGVs including AGVs segment is the largest segment contributor followed by AUVs segment, of the global market share in 2012. Increasing demand of AGVs in warehousing and distribution applications and growing demand of UAVs in defense applications are key factors driving the growth of mobile robots during the forecast period.

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Mobility promises to be the next frontier in flexible robotics. Mobile robots assure additional flexibility to end-users in agricultural, medical and surgical, security, defense and ocean and space applications. Mobile robots have found wide applications in industry, military and security environments. Additionally, they are used as consumer products for entertainment and domestic applications. The mobile robotics market is divided into four major segments based on product types: Unmanned Ground Vehicles (UGVs) including Automated Guided Vehicles (AGVs), Unmanned Aerial Vehicles (UAVs), Unmanned Surface Vehicles (USVs), and Autonomous Underwater Vehicles (AUVs). The market has witnessed a wide adoption of mobile robots in industrial applications for warehousing and distribution, painting and depainting, and coating and dispensing. However, domestic robots for cleaning and maintenance are progressively more ordinary in residences in countries such as the U.S., France, Germany, and Japan. . Decrease in turnaround time with an increase in operational efficiency by re-applying labor from moving goods to higher-value tasks gives mobile robots an additional advantage over conventional robots. With technological advancements, the robotics industry is expected to observe commercialization of automated cars. This would further fuel the demand for mobile robots.

Different applications of mobile robotics include logistics (warehousing and distribution), medical and healthcare, military and defense, field applications such as agricultural, mining, forest harvesting, domestic application such as cleaning and entertaining and others including coating and dispensing, and painting and depainting. Decreasing price of sensors and cameras and availability of open source platforms is propelling the demand for domestic robots, including vacuum cleaners and lawn mowers in personal service application segment.

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The detailed value chain analysis and porter’s five forces analysis helps the market competitors to formulate their business strategies at every stage of their business. Moreover, the market estimates have been analyzed by keeping in mind the several factors which affect the market including but not limited to technological, economical, social, environmental and legal.

The key players of QSR Ecosystem Market have been profiled with a focus on competitive details such as company and financial overview, SWOT analysis, business strategies, and their recent developments. The company profile of major players that have been incorporated in this report include as iRobot Corporation, KUKA Robotics, Adept Technology, Barrett Technology, Swisslog, John Deere, Amazon, Seegrid, Gecko Systems Intl. Corp., Honda Motor Co. Ltd., Google, Bossa Nova Robotics, Aethon, Harvest Automation, Kongsberg Maritime, ECA Robotics, Northrop Grumman, Bluefin Robotics and QinetiQ.

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