Mobile robotics includes mobile robots that can be used in physical environment to move objects without including any external guidance. Most of these robots can perform work by navigating as per their AI support. Their reliability and accessibility are of prime importance. The global mobile robotics market is expected to gain thrust from such features and scale 17.15% CAGR during the forecast period (2018-2023) to surpass USD 15 billion. Market Research Future (MRFR) named several factors that can boost the growth of mobile robotics market.
Factors
such as automotive industry, defense sector, domestic, healthcare, and others
are expected to increase the demand for mobile robotics market. In manufacturing, it is
reducing production time without compromising on quality. That is why factories
are booming. On the other hand, its ability to provide accuracy, and do heavy
lifting are expected to promote the mobile robotic prospects. In addition, accuracy
would be of followed. Factors such as these can improve the mobile robotics
market.
Segmentation:
MRFR’s
analysis of the global mobile robotics market has a strong foundation in the
segments like components, navigation type, application, and vertical. These
four segments have been amply backed by data that have root in figures gathered
by expert analysts.
·
Based on components, the mobile robotics market
includes hardware and software. The hardware component can be sub-segmented
into control units, power units, sensors, motors, and others.
·
Based on the navigation
type, the
mobile robotics market comprises unmanned surface vehicles (USVs), unmanned
aerial vehicles (UAVs), unmanned ground vehicles (UGVs), and autonomous
underwater vehicles (AUVs). The UAVs are gaining precedence due to their high
integration into the defense sector for surveillance and will to reduce human
casualty number.
·
Based on the application, the mobile robotics market
includes security & surveillance, inspection & maintenance, domestic
household tasks, entertainment, education & research, and others. The
education & research segment has substantial use of this technology.
· Based on the vertical, the mobile robotics market
includes manufacturing, logistics & warehousing, military & defense,
automotive, healthcare, retail, and others. The automotive segment has
wide-scale use of the technology.
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Competitive Landscape:
The global mobile robotics market is thriving on the tactical moves made by companies like Honda Motor Co., Ltd. (Japan), Universal Robots (Denmark), iRobot Corporation (US), KUKA Robotics Corporation (Germany), Denso Corporation (Japan), Harvest Automation (US), Northrop Grumman Corporation (US), Epson America, Inc., (US), FANUC Ltd (Japan), and Yaskawa Motoman Robotics (US). These companies make the market intense with their strategies that include merger, acquisition, product launch, innovation, and other methods. At the same time, their steps ease the path for future progress and market expansion.
Regional Analysis:
The geographical study of the mobile robotics market includes regions, namely, North America, Europe, Asia Pacific (APAC), and the Rest-of-the-World (RoW). MRFR, while discussing the market, realized how significant market pockets can change the reading and prospect of the market in the coming years, hence, a demographic study has been conducted.
North America is known for its advanced technologies which has robust robotics techniques as a part of it and its extensive deployment to boost industrial applications have created enough space for market expansion. The U.S. and Canada are also spending much in their defense sector and for mostly, surveillance. The domestic sector is also witnessing high integration of mobile robots for household chores like vacuum, lawn mowing, floor cleaning, and others.
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Major Highlights of TOC Covers:
1. Executive Summary
2. Key Business Trends
3. Regional Trends and Growth
4. Product Trends
5. End-use Trends
6. Definition and Forecast Parameters
7. Mobile robotics Market Segmentation
8. Mobile robotics Market Landscape
9. Vendor Matrix
10. Company Profiles
11. Business Overview
12. Financial Data
13. Product Landscape
14. Strategic Outlook
15. SWOT Analysis
16. Regional Mobile robotics Market Share
17. Country Mobile robotics Market Share
18. Revenue and Sales Forecast
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