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Global Mobile Robotics Market report contains the most-detailed market segmentation, systematic analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market study in this report also analyzes the market status, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors by keeping SWOT analysis and Porter’s Five Forces Analysis as a base. The most accurate way to forecast what future holds is to understand the trend today and hence Mobile Robotics Market document has been structured by chewing over numerous fragments of the present and upcoming market scenario.
Data Bridge Market Research analyses that the mobile robotics market which was USD 18.9 billion in 2021, would rocket up to USD 72.99 billion by 2029, and is expected to undergo a CAGR of 18.40% during the forecast period 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Market Overview:
Wheeled mobile robots, legged robots, flying robots, robot vision, artificial intelligence, and other branches of robotics have emerged, involving several technological areas such as mechanics, electronics, and computer science. Artificial intelligence, autonomous driving, network communication, cooperative work, nanorobotics, pleasant human–robot interfaces, safe human–robot interaction, and emotion expression and perception are the driving forces behind these emerging trends. In addition, these new trends are being used in various industries, including medical, health care, sports, ergonomics, industry, commodities distribution, and service robotics.
Mobile robots are capable of moving independently (in an industrial plant, laboratory, planetary surface, and among others without the intervention of human operators. A robot is autonomous when it can identify the steps to be taken to complete a task on its own, with the assistance of a perception system. It also requires a cognition unit or a control system to coordinate all of the robot’s subsystems. Mobile robots include humanoid robots, unmanned rovers, entertainment pets, drones, and so on. They differ from other robots in that they can move independently and have enough intelligence to react and make decisions depending on the information they get from their surroundings.
Drivers
Usage of robots
The growing use of robots in daily life to solve home responsibilities is aiding the growth of the mobile robotics market. The enormous demand for robots to lower warehouse workloads is gaining traction, boosting the mobile robotics business. Inducing robot applications for aerial surveillance and maintaining security in border and military red zones assists mobile robot market expansion.
New technological advancements
The development of autonomous technology, increased demand for automatic equipment from the aerospace and defence industries, and the growth of automation in the manufacturing industry are all driving factors in the mobile robotics market. Mobile Robotics solutions are being adopted in a variety of industries, but the most prevalent include medical and healthcare, domestic, logistics and warehousing, defence, entertainment, and others. Due to the growing need for high-quality products, factory automation is expected to continue to expand. As a result, mobile robotics solutions are expected to be used more frequently to reduce energy usage and increase output.
Upsurge in need for safety for human life
Automation is in high demand all across the world. Companies are automating their production and operations processes to save money and time and produce higher-quality products. Companies are automating their processes to improve quality, productivity, and worker safety in the face of fierce global competition.
Recent Development
- Rheinmetall, a German defence contractor, has teamed up with the WB Group of Poland to link the Mission Master autonomous unmanned ground vehicle with the Warmate micro combat unmanned aerial vehicle. This was presented at MSPO 2019, which took place in September in Poland.
- In August 2019, Teledyne Instruments, a subsidiary of Teledyne Technologies in the United States, was awarded a contract to provide AUVs to the US Navy, which included supplies and services for the present AUV development.
Some of the major players operating in the mobile robotics market are:
- Omron Robotics and Safety Technologies, Inc (U.S)
- Aethon (U.S)
- com, Inc. (U.S)
- Barrett Technology, LLC (U.S)
- General Dynamics Mission Systems, Inc. (U.S)
- Boeing (U.S)
- Bossa Nova Robotics (U.S)
- ECA GROUP (France)
- FANUC CORPORATION (Japan)
- GeckoSystems Intl. Corp. (U.S)
- Harvest Automation (U.S)
- Alphabet Inc. (U.S)
- Honda Motor Co., Ltd. (Japan)
- iRobot Corporation. (U.S)
- Deere & Company (U.S)
- Kongsberg Maritime (Norway)
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Mobile Robotics Market Scope
Component
- Software
- Hardware
- Support Services
Product
- Unmanned Aerial Vehicles (UAVs)
- Unmanned Ground Vehicles (UGVs)
- Unmanned Surface Vehicles (USVs)
- Autonomous Underwater Vehicles (AUVs)
End-user
- Logistics and Warehousing
- Defense
- Medical and Healthcare
- Domestic
- Entertainment
- Others
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