Mobile Robotics Market 2018 Global key Players: iRobot Corporation, Northrop Grumman Corporation , Harvest Automation , FANUC , Epson America

Market Highlights:

The robots that are designed for mobility, and predefined motion are generally termed as mobile robots. With advancement in robotics, these robots are also made with this advance technology that allow the robots to perform complex and stimulated tasks. Mobile robots are generally made up of certain components such as sensors, cameras, positioning system, software, and others and these components form an integral part of the robot. Now-a-days, the mobile robots are used in various application such as guarding and surveillance, hospitality, healthcare, and others. This major factors dominating the growth of market include huge growth in the automation and autonomy, increasing demand for automatic equipment’s from aerospace and defence industry.

Mobile Robot can be defined as an automatic machine which is capable of locomotion. These robots are equipped with advance technology which includes hardware, sensors, cameras and others and plays very vital role in the various application and can be programmed to do the task on their own in a predefined environment. This market is majorly driven by the factors such as development in the autonomous technology, growing demand for automatic equipment’s from aerospace and defence industry and growth of automation in the manufacturing industry whereas high price and maintenance are some of the restraints of the mobile robotics market.

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Industry News

February 2018, Qualcomm Snapdragon 820E Is Built to Support Robotics and Industrial IoT. The company Qualcomm Technologies had been developing a high performance, and power efficient embedded platform, Snapdragon 820E. This embedded platform is capable of holding components and processors that are majorly suitable for applications plying under internet of things applications. Apart from the IoT applications, Qualcomm believes to use this embedded technology in robots and unmanned aerial vehicles.

January 2017, Autonomous mobile robots company achieves 300% growth in 2017. Denmark based company, MiR is one of the prominent manufacturer of mobile industrial robots. These robots are specially manufactured to operate in specific applications pertaining logistics, surveillance, manufacturing, medical and warehouse management. The company aims to achieve a near 300% growth, operating majorly in the United States.

February 2018, Comprehensive Modular Robotics And Autonomy Platform Patent Extended To Autonomous Vehicle Pioneer. Perrone Robotics, Inc. had been working on its patent related to autonomous car applications. In order to deploy its modular autonomy and robotics platform. The company is also largely working on the commercial development of the same. The robotics platform, “MAX” helps the enterprises easily design and manufacture robotic products and also make advancement in the service of the robots.

January 2018, GeckoSystems, an Autonomous Mobile Robot Co., Partnering with AI Safety Certification Firm. GeckoSystems has strategically partnered with Franklin Research Labs to ensure the protection of their artificial intelligence based mobile service robots that serve as a servant. The company aims that the partnership will help the company to make advancement in their product portfolio, without worrying about the security and safety of the robots.

Major key Players
The prominent players in the market of Mobile Robotics are- iRobot Corporation (U.S.), Honda Motor Co., Ltd. (Japan), Denso Corporation (Japan), KUKA Robotics Corporation (Germany), Northrop Grumman Corporation (U.S.), Harvest Automation (U.S.), FANUC Ltd (Japan), Epson America, Inc., (U.S.), Universal Robots (Denmark) and Yaskawa Motoman Robotics (U.S.) among others.

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Regional Analysis
The market of mobile robotics is largely dominated by Asia Pacific region. This growth is mainly due to huge presence of semiconductor and electronics industry and also the increasing economy of the countries such as China, India, and Japan. These countries are making a huge contribution in terms of research and development and software development. Many research organizations in these countries are investing in better development and research dynamics. The North America holds as second spot in mobile robotics market.

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