Press release
Mobile Robotics Market gaining big growth in the coming years, market worth USD 20.8 billion by 2024, According to Research Nester
Mobile robots are the automatic machines which are capable of performing various tasks according to their configurations. The principle activities of mobile robots are mapping, navigation, localization, perception, and locomotion. These robots are widely used by different sectors such as entertainment industry, healthcare, military, mining, automotive and others. Mobile robots are equipped with advance technology which includes cameras, sensors, and others.
Global mobile robotics market is expected to register a CAGR of 10.1% over the forecast period. Moreover, the global mobile robotics market is projected to expand at USD 20.8 billion globally by the end of 2024. The market of mobile robotics is expanding on the back of wide scale application in numerous sectors such as logistics and warehouse, painting and de painting, automotive industry and others.
Commercial segment by mode is projected to witness a considerable CAGR during the forecast period. Moreover, Asia-Pacific region accounted the largest market share in mobile robotics captured 34% of the overall mobile robotic market by revenue. In addition to this, mobile robotics market in Asia-Pacific region is expanding due to rapid industrialization accompanied by increasing manufacturing activities. Apart from this, Asia-Pacific region is most lucrative market across the globe owing to emerging economies such as India and China.
Favorable government initiatives
Increasing investment by government to build the defense sector is envisioned to foster the growth of mobile robotics market. Moreover, heavy adoption of mobile robotics for border surveillance by major countries is also positively impacting the growth of mobile robotics market by 2024. Further, rise in per capita income of the developing and developed nations such as U.S., China and others coupled with increasing focus to improve their defense infrastructure is predicted to bolster the growth of mobile robotics market.
Request Report Sample@ https://www.researchnester.com/sample-request/2/rep-id-364
Technological advancement in robots
Rising per capita income in the developing nations and rising awareness regarding its usage in agriculture practices, border surveillance, and law enforcement are believed to be the dynamic factors behind the growth of mobile robotics market. Further, wide adoption of mobile robots across different industry for logistic purposes is also expected to boost the demand for mobile robots across the globe.
On the contrary, high initial investment associated with the installation of mobile robotics is anticipated to dampen the growth of global mobile robotic market by 2024. Further, high maintenance cost of mobile robot is also anticipated to restrain the market of mobile robotics across the globe.
The report titled “Mobile Robotics Market: Global Demand Analysis & Opportunity Outlook 2024” delivers detailed overview of the global mobile robotic market in terms of market segmentation by product type, by end user and by region.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
Request TOC Here: - https://www.researchnester.com/toc-request/1/rep-id-364
This report also provides the existing competitive scenario of some of the key players of the global mobile robotic market which includes company profiling of iRobot Corporation, KUKA AG, Bossa Nova Robotics, Bluefin Robotics Corporation, Adept Technology, Inc, John Deere, Gecko Systems Intl. Corp, Seegrid Corp., ECA Robotics and Bluefin Robo. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global mobile robotic market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
Request Buy Now: https://www.researchnester.com/payment/rep-id-364
Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.
For Table of Content & Free Sample Report Contact:
Name:-Ajay Daniel
Email: ajay.daniel@researchnester.com
U.S. +1 646 586 9123
U.K. +44 203 608 5919
Website:-www.researchnester.com
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 Robotics Market gaining big growth in the coming years, market worth USD 20.8 billion by 2024, According to Research Nester here
News-ID: 928277 • Views: …
More Releases from Research Nester Pvt Ltd
Key Players in the Single-cell Omics Market: Share Positioning & Investor Perfor …
The single-cell omics market has become one of the most transformative domains in life sciences, enabling unprecedented insights into cellular heterogeneity, disease mechanisms, therapeutic targets, and precision medicine. As research institutes, biotech companies, and pharmaceutical innovators expand their reliance on single-cell sequencing, single-cell proteomics, metabolomics, and epigenomics, competitive intensity within the market continues to rise.
➤ Request Free Sample PDF Report @ https://www.researchnester.com/sample-request-5060
Top…
Medium Voltage Switchgear Market - Key Players, Capability Assessment & M&A Indi …
The medium voltage switchgear market is emerging as a central pillar of modern power infrastructure, playing a critical role in grid modernization, renewable energy integration, smart substations, industrial electrification, and resilient power distribution. As utilities, industrial facilities, data centers, and commercial infrastructures embrace more advanced electrical systems, demand for reliable and intelligent medium voltage switchgear continues to intensify.
➤ Request Free Sample PDF Report @ https://www.researchnester.com/sample-request-4899 …
Top Companies in Outboard Engines Market - Benchmarking Performance & Future Val …
The outboard engines market is undergoing a profound phase of transformation as marine mobility adopts cleaner propulsion technologies, intelligent vessel systems, and advanced performance-engineering. As recreational boating rebounds, coastal tourism expands, and commercial operators seek more efficient propulsion systems, demand for high-performance outboard engines continues to accelerate. Simultaneously, stringent environmental norms and the rise of electric and hybrid solutions are reshaping competitive dynamics.
➤ Request Free Sample PDF Report @ https://www.researchnester.com/sample-request-4768…
Loop-mediated Isothermal Amplification (LAMP) Market - Top Companies, SWOT Deep …
The Loop-mediated Isothermal Amplification (LAMP) market has emerged as a powerful force in molecular diagnostics, driven by its speed, sensitivity, and ability to operate without sophisticated laboratory infrastructure. As global demand rises for rapid, point-of-care, and decentralized diagnostic capabilities, LAMP technology is transitioning from niche research applications into mainstream clinical, veterinary, agricultural, and industrial use. The evolving competitive landscape highlights a blend of established biotechnology firms, innovative diagnostic startups, and…
More Releases for Robo
Robo Advisory Market is Rising
According to the latest research report published by Market Data Forecast, the global robo advisory market is expected to grow at a CAGR of 54.2% from 2024 to 2029, and the global market size is anticipated to be worth USD 154.6 billion by 2029 from USD 17.73 billion in 2024.
The robo advising market is expanding rapidly, fueled by technical developments and rising demand for automated financial solutions. These platforms use…
Global Robo-Advisory Market, Global Robo-Advisory Industry, Covid-19 Impact Glob …
The Robo-advisory market is expected to grow from USD X.X million in 2020 to USD X.X million by 2026, at a CAGR of X.X% during the forecast period. The Global Robo-Advisory Market report is a comprehensive research that focuses on the overall consumption structure, development trends, sales models and sales of top countries in the global Robo-advisory market. The report focuses on well-known providers in the global Robo-advisory industry, market…
Global Robo-Advisory Market (2015-2023)
Global robo-advisory market
Robo-advisors are independent financial planning services driven by algorithms and supported by a digital platform with no human intervention. They collect information from their customers at first through an online survey to understand their financial situations and ultimate goals. With this information they make portfolios of investments by calculating their risk and returns along with profits for long-term. The global robo-advisory market is expected to grow at an…
Global Robo-advisory Market (2015-2023)
Market Research Report Store offers a latest published report on Robo-advisory Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global Robo-advisory players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.To analyze the Robo-advisory with respect to individual growth trends, future…
Robo-Advisors: Mapping The Competitive Landscape
The wealth management industry has long been resilient to the digitization process observed in the wider financial services space. This has started to change, however, with interest in robo-advice platforms increasing in 2015. The automated investment management space is hence becoming ever-more competitive as new entrants launch propositions. Supported by software developers, traditional wealth managers have also started exploring the digital advice market. Competition will thus increase further, although robo-advisors…
Robo-Advisors: Mapping the Competitive Landscape
Summary
The wealth management industry has long been resilient to the digitization process observed in the wider financial services space. This has started to change, however, with interest in robo-advice platforms increasing in 2015. The automated investment management space is hence becoming ever-more competitive as new entrants launch propositions. Supported by software developers, traditional wealth managers have also started exploring the digital advice market. Competition will thus increase further, although robo-advisors…
