The Mobile Robotics market is anticipated to grow at an exponential CAGR of 20.2% during the forecast period. The demand for mobile robotics is increasing in production and material handling work due to which the Mobile Robotics market witnessed growth during the forecast period. For instance, in January 2021, ForwardX Robotics launched six new products under its Max range of autonomous mobile robots: Max 300 Lift Lite, Max 300 Conveyor, Max 600 Conveyor, Max 1200 Standard, Max 1200 Lift, and Max 1200 Conveyor. Mobile robots are built to safely and efficiently automate material handling within production and warehousing facilities. Due to increasing, demand companies started focusing on innovating their mobile robotics with AI technology which boosts the growth of the mobile robotics market across the globe. The use of AI technology in mobile robotics enhances the feature of robots which also increases the demand for mobile robots which contributes to the growth of the market. For instance, in September 2021, AgileX Robotics launched limo, the world’s first multi-modal mobile robot with AI modules. LIMO is an incredibly versatile and multifunctional robotic platform for designing and programming robot AI. It uses the modular programming languages ROS 1 or ROS 2 to achieve many functional purposes including mapping, navigation, obstacle avoidance, path planning, and more for educational, commercial, and industrial applications.
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The 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 – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
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)
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 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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