Mobile Robotics Market Value Projected to Expand by 2029
The global mobile robotics market is anticipated to grow at an exponential CAGR of 20.2% during the forecast period. Mobile robotics is capable of moving around the surroundings. The increasing utilization of various mobile robots in cleaning and disinfection activities is driving the growth of the mobile robotics market across the globe. Thus, the rising demand and utilization of mobile robots in household activities have pushed various companies to enter the mobile robotics market. For instance, in May 2022, Technology Company Continental presented its autonomous mobile robots for the external market at the LogiMAT 2022, the international intralogistics tradeshow in partnership with Kinexon. However, the high cost of installation and lack of technical expertise are the major factors that are restraining the growth of the mobile robotics market across the globe.
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The global mobile robotics market is segmented based on product, component, and application. Based on the product, the market is segmented into UGV, UAV, and AUV. Based on the component, the market is sub-segmented into hardware, software, and support & services. Based on the application, the market is sub-segmented into logistics & warehousing, military & defense, healthcare, education, agriculture & forestry, and others. Among the application segment, the logistics & warehousing sub-segment is expected to hold a prominent share in the growth of the mobile robotics market globally due to the widespread utilization of mobile robots in logistics & warehousing industries.
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· Market Coverage
· Market number available for – 2023-2029
· Base year- 2022
· Forecast period- 2023-2029
· Segment Covered- By Source, By Product Type, By Applications
· Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
· Inc., and others
Global Mobile Robotics Market Report Segment
By Product
- Unmanned Ground Vehicle (UGV)
- Unmanned Aerial Vehicle (UAV)
- Autonomous Underwater Vehicle (AUV)
By Component
- Hardware
- Software
- Support & Services
By Application
- Logistics & Warehousing
- Military & Defense
- Healthcare
- Education
- Agriculture & Forestry
- Others (Domestics and Entertainment)
Global Mobile Robotics Market Report Segment by Region
North America
• US
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global mobile robotics market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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