Mobile Robotics Software Market Size Worth USD 3.5 billion by 2024
Mobile Robotics Software Market size is estimated to surpass USD 3.5 billion by 2024; according to a new research report.
Technological advancements focused towards improving the environment safety while working with robots is stimulating the demand for mobile robotics software market share over the forecast timeline. The building blocks of robot such as sensors, 3D printing, AI software and open source robotic operating systems (ROS) improves the human machine interaction. These technologies facilitate improved work safety for humans working around robots.
Favorable government norms and increasing investments from robotic manufacturers will support the demand for software solutions for customized applications during the study period. Cost reduction in hardware component is achieved due to emergence of high quality, low cost sensors and other electronic parts. Availability of low cost hardware resulting in burgeoning number of startups based on mobile robotic technology.
Get sample Copy of this report: https://www.marketstudyreport.com/request-a-sample/568798/?utm_source=PAID-SL
Mobile Robotics Software Market By Product: Aerial, Ground, Marine.
Mobile Robotics Software Market by Application: Professional, Logistics, Healthcare, Inspection & maintenance, Defense, Agriculture, Security, Others, Personal, Household, Entertainment.
The above information has been provided on a regional and country basis for the following:
North America, U.S, Canada, Europe, Germany, UK, France, Italy, Russia, Asia Pacific, China, India, Japan, South Korea, Latin America, Brazil, Mexico, Middle East & Africa, KSA, UAE, Saudi Africa.
ndustry pitfalls & challenges
Growth potential analysis
Threat of new entrants
Threat of substitutes
Competitive landscape, 2016
The increasing demand from applications such as commercial UAVs, portable vacuum cleaners, delivery robots and telepresence robots will escalate the demand for software solutions.
Ground mobile robotics software market size was valued over USD 500 million in 2016 and is expected to continue its dominance during the forecast period. Increasing use of these robots in defense and security application will support growth for this product in coming years.
Aerial robots or unmanned aerial vehicle market is projected to show highest CAGR of 19% owing to rising demand from logistics, and agriculture sectors. Increasing number of agriculture drones supported by government funding & subsidiaries will drive software industry during the forecast period.
UAVs reduce product delivery time for these companies that results in increased efficiency and higher profits. Increasing investment in startups for developing commercial drones is expected to boost the UAV market. For instance, in 2016, Precision Hawk raised USD 19 million from venture funding to focus their efforts towards UAVs for commercial purpose.
Professional applications will account for more than more 70% of total revenue in 2016 owing to increasing demand from healthcare and defense sectors. Integrating robots with navigation control software will attribute to the growth of mobile robotics software market in healthcare applications.
Get Discount on this Report: https://www.marketstudyreport.com/check-for-discount/568798/
Growth in logistics application can be credited to rising demand for robotic management system for warehouse management. Investment from E-commerce companies for developing autonomous robots for warehouse management systems will drive the demand for industry. For instance, Amazon purchased Kiva systems to include mobile robots in their warehouses.
In 2016, North America mobile robotics software market size was valued over USD 430 million. The robust growth in region is attributed to high penetration of robots in U.S. The demand will escalate owing to increasing use of robots for household applications such floor & vacuum cleaning and lawn moving.
APAC market will exhibit highest CAGR over 19% during the forecast period supported by rising awareness about mobile robotics. Regional growth is attributed to increasing investment in developing UAVs for agricultural applications and rising number of startups in these countries. Rising disposable income and increasing electronic product in countries such as India and China will strengthen the penetration of mobile robotics software in Asia Pacific region.
Mobile robotics software market is consolidated with few players contributing to more than 50% of the market share. Strategic alliance and geographical expansion are the major strategies adopted by the competitors. For instance, in 2017 Universal Robots opened new offices in India and Germany to increase their geographical presence.
Global Automotive Automatic Transmission (AT) System Market Professional Survey Report 2017
This report studies Automotive Automatic Transmission (AT) System in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption,
Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.
Market Study Report
The Green Suite #4594,
Dover, DE 19901
US Toll Free: 1-866-764-2150
This release was published on openPR.
Permanent link to this press release:
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 Robotics Software Market Size Worth USD 3.5 billion by 2024 here
News-ID: 712178 • Views: 241
More Releases from marketstudyreport.com
What's driving the Solar District Heating Market Trends? Savosolar. Goteberg Ene …
Market Study Report, LLC’s, latest study on ‘Solar District Heating market’ features a holistic view of the market size, market share, profit estimates, SWOT analysis and the regional landscape of the business. The report precisely expounds key challenges and future growth prospects of the market, while highlighting the current competitive scene and analyzes the expansion strategies adopted by leading market players. Solar District Heating Market share is set to surpass USD
What's driving the Structural Steel Market trends? Gerdau S.A, ArcelorMittal, Ta …
A detailed study on ‘Structural Steel market’ formulated by Market Study Report, LLC, puts together a concise analysis of the growth factors impacting the current business scenario across assorted regions. Significant information pertaining to the industry’s size, share, application, and statistics are also summed in the report in order to present an ensemble prediction. In addition, this report undertakes an accurate competitive analysis illustrating the status of market majors in
What's driving the Blockchain Technology Market Trends? Deloitte, BTL Group Ltd. …
A detailed study on ‘Blockchain Technology Market’ formulated by Market Study Report, LLC, puts together a concise analysis of the growth factors impacting the current business scenario across assorted regions. Significant information pertaining to the industry’s size, share, application, and statistics are also summed in the report in order to present an ensemble prediction. In addition, this report undertakes an accurate competitive analysis illustrating the status of market majors in
What's driving the Antidiabetics Market trends? Sanofi, Bayer Corporation, Novar …
A detailed study on ‘Antidiabetics market’ formulated by Market Study Report, LLC, puts together a concise analysis of the growth factors impacting the current business scenario across assorted regions. Significant information pertaining to the industry’s size, share, application, and statistics are also summed in the report in order to present an ensemble prediction. In addition, this report undertakes an accurate competitive analysis illustrating the status of market majors in the
More Releases for Mobile
Asia - Mobile Infrastructure and Mobile Broadband
Bharat Book Bureau Provides the Trending Market Research Report on "Asia - Mobile Infrastructure and Mobile Broadband" under Telecom category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports. Executive Summary Leading Asian nations prepare for 5G rollouts Asia’s mobile subscriber market is now witnessing moderate growth in a fast maturing market. Whilst there are still developing markets continuing to grow their mobile subscriber base at
Mobile Safety Software
The rising popularity of mobile applications is one of the key factors responsible for the strong growth of this market during the forecast period of 2017 to 2021. It has been noted that mobile apps, such as WhatsApp, Snapchat, Facebook, YouTube, and Gmail, have gained popularity among the millennials since the past few years. Business applications, such as e-mail, calendars, and teleconferencing applications, are available for free and offer an
Mobile App Developemt Company
Logicspice has recently launched online food ordering system to make the ordering and delivery process easiest for restaurants. We can say that this is the next generation for restaurant. This food ordering system is providing mobile apps for restaurant, customers, kitchen staff and delivery persons. You can integrate this system with your existing customer website also. With the growing demand of online food delivery, this is the next big thing for
Asia - Mobile Infrastructure And Mobile Broadband
Asian mobile broadband market continues to grow strongly With 3.9 billion mobile subscribers and over 50% of the mobile subscribers in the world, spread across a diverse range of markets, the region is already rapidly advancing in the adoption of mobile broadband services. Mobile broadband as a proportion of the total Asian mobile broadband subscriber base, has increased from 2% in 2008 to 18% in 2013, 27% in 2014, 33% in
Mobile gaming increases worldwide
A new publication by Hamburg-based secondary research organization yStats.com, “Global Mobile Gaming Market 2014”, reports that gamers are moving away from consoles and pre-installed PC games toward games on mobile devices such as smartphones and tablets. Mobile games are the fastest growing segment of the video game market as game-playing on mobile devices has become a major activity of Internet users worldwide, slightly ahead of online gaming on PC. Game-playing
Mobile Charting components for BlackBerry mobile platform
Girona, Catalonia, Spain – January, 2013 - Steema Software, a leading vendor of development components for web, desktop and mobile applications, announced the availability of its TeeChart Charting Library for BlackBerry mobile devices. This is the company’ first release in 2013 and with it, Steema Software extends their offering of mobile charting components to BlackBerry Mobile platform alongside current Windows Phone 7, Android and iPhone/iPad support. The BlackBerry Chart library is