Mobile Robotics Market Global Demand and Latest Technology 2020 to 2030
The Global Mobile Robotics Market size valued at USD 10.85 billion in 2019 is predicted to reach USD 72.51 billion by 2030, witnessing a CAGR of 18.8% from 2020-2030.
Mobile Robots are capable of locomotion in any
environment, without any assistance required from human. Mobile robots can
travel in air, under-water, land, as well as in the space; utilizing various
software, sensors, hardware, power electronics and AI to control the functions.
Mobile robotics hold wide applications in military & defense, healthcare,
domestic, Logistics, warehousing, entertainment, education, agriculture &
forestry, as well as in other industrial verticals.
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Top Companies: Boston Dynamics, Amazon Robotics, Honda
Motor Co. Ltd, iRobot Corporation, Kuka AGLockheed Martin Corporation, Softbank
Robotics, Ubtech Robotics Inc., Kongsberg Maritime and others.
The global mobile
robotics market is proliferating due to increasing adoption of mobile robots in
various industrial, commercial, domestic, as well as military & defense
sector. In addition to this factors such as, surging demand for mobile
logistics in warehousing, agriculture, pharmaceuticals, and retail businesses;
further supplements the growth of global mobile robotics market in near future.
Furthermore, growing demand of mobile robots in the military & defense
sector for safety, the utilization of professional service robots deployed to
serve various purpose in the battle-filed is gaining momentum, thereby
propagating the growth of the global mobile robotics market.
The global mobile
robotics market has been analyzed based on product, component, application, and
geography. Based on product, the mobile robotics market is segmented into
ablation AUV, UGV and UAV. Based on component, the mobile robotics market is
fragmented into hardware, support & service, and software. The hardware
segment is further sub segmented into sensors, actuators, power supply, and
control system. Based on application, the mobile robotics market is bifurcated
into entertainment, education, Logistics & warehousing, military &
defense, healthcare, domestic, agriculture & forestry, and others.
Geographic breakdown and analysis of each of the previously mentioned segments
include regions comprising North America, Europe, Asia-Pacific, and RoW.
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North
America region is expected to maintain its dominance in the global mobile
robotics market throughout the forecast period, accounting for the highest
market share. This is due to higher adoption of robotics technology, presence
of technologically advanced robotics system, and major market players in this
region. Asia Pacific region is expected to hold the second-largest market share
in the global mobile robotics market, owing to rapid industrialization, and
untapped opportunities offered by the emerging economies present in this
region.
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