Request Discount

Mobile Robots Market (Type - Aerial Vehicles, Unmanned Ground Vehicles, and Autonomous Underwater Vehicles; Application - Defence, Logistics & Warehousing, Medical & Healthcare, Domestic, Entertainment, Education, and Personal, and Others): Global Industry Analysis, Trends, Size, Share and Forecasts to 2026

  • Published : December, 2020

  • Rep Id : ICT01260

  • Category : Electronics, ICT and Semiconductors

  • Status : Published

A recent report published by Infinium Global Research on the mobile robots market provides an in-depth analysis of segments and sub-segments in the global as well as regional mobile robots market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional mobile robots market over the short term as well as long term. The report is a comprehensive presentation of trends, forecasts, and dollar values of the global mobile robots market. According to the report, the global mobile robots market is projected to grow at a CAGR of 23.53% over the forecast period of 2020-2026.

 

Market Insight

Humanoid robots, unmanned rovers, entertainment pets, drones, and others are some of the examples of mobile robots. As compared to other robots, mobile robots have the ability to move autonomously, to react, and make decisions based on the perception they receive from the environment. Mobile robots are provided with input data, which they decode that input, and take actions to respond to a changing environment. They have a powerful cognition system to sense and adapt to an unknown environment. Today, mobile robots can walk, run, jump, and do other activities, similar to their biological counterparts. Mobile robotics has created several types of robots, such as wheeled mobile robots, legged robots, flying robots, robot vision, artificial intelligence, and others. Furthermore, mobile robotics involves different technologies such as mechanics, electronics, and computer science. The new trends led by artificial intelligence, autonomous driving, network communication, cooperative work, nanorobotics, and emotional expression and perception are improving mobile robots. These new trends have found their applications in different sectors such as medicine, health care, sports, distribution of goods, and service robotics.

 

The technological advancements in the field of robotics are majorly driving the market. Technological advancements such as conversational skills, delivery drones, autonomous driverless cars, and smart factories that have robotic coworkers are been used in several industries and have a significant effect on productivity. Moreover, the increasing adoption of mobile robots in healthcare, and the military & defense sectors are augmenting the growth of the market. Mobile robots help doctors significantly leverage their analytical and decision-making skills while extending their physical capabilities. While they are becoming an integral part of military campaigns, helping to keep soldiers safe and providing a tactical advantage in different combat scenarios. However, concerns over data privacy and security are a major restraining factor for the market. Nevertheless, technological progress in automation is anticipated to boost the market in the future.

 

In terms of geography, North America generated the highest revenue for mobile robots in the world. The early adoption of technologically advanced products among the end-users is one of the major drivers for the growth of the mobile robots market in North America. Moreover, the presence of the key market players in the region is further expected to support market growth. Furthermore, growing investment in research and development of robotics is anticipated to boost the market growth. On the other hand, Asia Pacific is expected to grow at the highest CAGR during the forecast period. The increasing technical awareness in the Asia Pacific regarding automation and robotics is likely to expand the mobile robots market in the region. Additionally, technical awareness in the Asia Pacific market is increasing, the market likely to expand the market.


Mobile Robots Market

 

Segment Covered

The report on global mobile robots market covers segments such as type, and application. On the basis of type, the sub-markets include aerial vehicles, unmanned ground vehicles, and autonomous underwater vehicles. On the basis of application, the sub-markets include defence, logistics & warehousing, medical & healthcare, domestic, entertainment, education, and personal, and others.

 

Companies Profiled:

The report provides profiles of the companies in the market such as Honda Motor Co., Ltd, Northrop Grumman Corporation, iRobot Corporation, SoftBank Corp., Samsung Electronics Co., Ltd., Kongsberg Maritime, GeckoSystems Intl. Corp., ECA GROUP, and LG Electronics.

 

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the mobile robots market. Moreover, the study highlights current market trends and provides forecasts from 2020-2026. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.


Other Reports in This Category
24 hour delivery through email
9923950043 Monday to Frieday 9am-7pm
looking for discount