Mobile robots are mobile in nature. They are used in industrial activities for logistics and warehousing distribution, painting and de-painting, assembly, coating and dispensing and inspection applications. In addition, they are used in service segments including defense, medical and healthcare, field applications and for domestic and entertainment applications.
The mobile robotics market is driven by various factors comprising integration of robotics with mobile technologies, other smart products, and appliances, Moreover, increasing grants and funds by governments, and decreasing price of sensors and cameras and availability of open source platforms are also key factors propelling the market growth. The global mobile robotics market was valued at USD 6,249.6 million in 2012 and is expected to grow at a CAGR of 12.6% during the forecast period from 2013 to 2019. However, longer time to market and lack of experts in R&D of mobile robotics market are some of the factors inhibiting the growth of this market.
UGVs including AGVs segment is the largest segment contributor followed by AUVs segment, of the global market share in 2012. Increasing demand of AGVs in warehousing and distribution applications and growing demand of UAVs in defense applications are key factors driving the growth of mobile robots during the forecast period.
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In terms of application segment, domestic application segment is the most attractive segment of the global market share in 2012. However, defense and military segment was the largest segment followed by logistics and warehousing segment of the global market share in 2012. Increasing usage of mobile robots such as lawn movers and vacuum cleaners for domestic applications is contributing to growth of this market. With decreasing cost of sensors and cameras, this is further expected to fuel the market ahead. In addition, the U.S government passed the law, allowing the usage of UAVs for civil purposes by 2015, thus expected to continue contributing to the market growth over forecast period.
Asia Pacific is the largest market for mobile robotics market and held 34.2% share in 2012. Growth in Asia pacific is mainly attributed to increasing demand of drones for defense applications, and AGVs in industrial applications. Growth in this region is also driven by increasing usage of vacuum cleaners and lawn movers over the forecast period. In addition, growing demand of mobile robots in field applications are expected to continue driving the market in near future. RoW market is expected to substantial strong growth owing to usage of UAVs and AUVS in defense applications.
This 129-page report gives readers a comprehensive overview of the Mobile Robotics Market. Browse to unlock the hidden opportunities in this market@
The research report on the mobile robotics market provides a detailed analysis of products including Unmanned Ground Vehicles (UGVs), Automated Guided Vehicles (AGVs), Unmanned Aerial Vehicles (UAVs), Unmanned Surface Vehicles (USVs), and Autonomous Underwater Vehicles (AUVs) and helps in understanding driving forces behind the popularity of mobile robots in the robotics industry. It also provides analysis of application segment of the mobile robotics market for the next six years. The report includes extensive analysis of the industry drivers, restraints, market trends and market structure. The market study provides comprehensive assessment of stakeholder strategies and imperatives for succeeding in the business. The report segregates the market based on travelling environment, application, and different geographic regions. The report includes a detailed analysis of the prevalent market situation, company profiles and industry trends for mobile robots used across different application.
The detailed value chain analysis and porter’s five forces analysis helps the market competitors to formulate their business strategies at every stage of their business. Moreover, the market estimates have been analyzed by keeping in mind the several factors which affect the market including but not limited to technological, economical, social, environmental and legal.