Global Mobile Robotics Market, By Component (Software, Hardware, Support Services), Product (UGV, UAV, AUV, USV), End User (Coating and Dispensing, Warehousing and Logistics, Painting and DE Painting, Domestic, Entertainment) – Industry Trends and Forecast to 2029
Market Analysis and Size
Wheeled mobile robots, legged robots, flying robots, robot vision, artificial intelligence, and other branches of robotics have emerged, involving several technological areas such as mechanics, electronics, and computer science. Artificial intelligence, autonomous driving, network communication, cooperative work, nanorobotics, pleasant human–robot interfaces, safe human–robot interaction, and emotion expression and perception are the driving forces behind these emerging trends. In addition, these new trends are being used in various industries, including medical, health care, sports, ergonomics, industry, commodities distribution, and service robotics.
Data Bridge Market Research analyses that the mobile robotics market which was USD 18.9 billion in 2021, would rocket up to USD 72.99 billion by 2029, and is expected to undergo a CAGR of 18.40% during the forecast period 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Report Scope and Market Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2022 to 2029
|
|
Base Year
|
2021
|
|
Historic Years
|
2020 (Customizable to 2014 - 2019)
|
|
Quantitative Units
|
Revenue in USD Billion, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
Component (Software, Hardware, Support Services), Product (UGV, UAV, AUV, USV), End User (Coating and Dispensing, Warehousing and Logistics, Painting and DE Painting, Domestic, Entertainment)
|
|
Countries Covered
|
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
|
|
Market Players Covered
|
Omron Robotics and Safety Technologies, Inc (U.S), Aethon (U.S), Amazon.com, Inc. (U.S), Barrett Technology, LLC (U.S), General Dynamics Mission Systems, Inc. (U.S), Boeing (U.S), Bossa Nova Robotics (U.S), ECA GROUP (France), FANUC CORPORATION (Japan), GeckoSystems Intl. Corp. (U.S), Harvest Automation (U.S), Alphabet Inc. (U.S), Honda Motor Co., Ltd. (Japan), iRobot Corporation. (U.S), Deere & Company (U.S), Kongsberg Maritime (Norway)
|
|
Market Opportunities
|
|
Market Definition
Mobile robots are capable of moving independently (in an industrial plant, laboratory, planetary surface, and among others without the intervention of human operators. A robot is autonomous when it can identify the steps to be taken to complete a task on its own, with the assistance of a perception system. It also requires a cognition unit or a control system to coordinate all of the robot's subsystems. Mobile robots include humanoid robots, unmanned rovers, entertainment pets, drones, and so on. They differ from other robots in that they can move independently and have enough intelligence to react and make decisions depending on the information they get from their surroundings.
Mobile Robotics Market Dynamics
Drivers
- Usage of robots
The growing use of robots in daily life to solve home responsibilities is aiding the growth of the mobile robotics market. The enormous demand for robots to lower warehouse workloads is gaining traction, boosting the mobile robotics business. Inducing robot applications for aerial surveillance and maintaining security in border and military red zones assists mobile robot market expansion.
- New technological advancements
The development of autonomous technology, increased demand for automatic equipment from the aerospace and defence industries, and the growth of automation in the manufacturing industry are all driving factors in the mobile robotics market. Mobile Robotics solutions are being adopted in a variety of industries, but the most prevalent include medical and healthcare, domestic, logistics and warehousing, defence, entertainment, and others. Due to the growing need for high-quality products, factory automation is expected to continue to expand. As a result, mobile robotics solutions are expected to be used more frequently to reduce energy usage and increase output.
- Upsurge in need for safety for human life
Automation is in high demand all across the world. Companies are automating their production and operations processes to save money and time and produce higher-quality products. Companies are automating their processes to improve quality, productivity, and worker safety in the face of fierce global competition.
Opportunities
Mobile robotics has the potential to be the next step forward in flexible robotics technology. The mobile robotics industry is being pushed by end-users in the agricultural, medical, and defence industries who want to take advantage of their flexibility. Mobile robots are a perfect platform for successfully performing repetitive activities, allowing people to focus on higher-value jobs and improving overall operational efficiency. The industry is likely to benefit from the commercialization of the concept of automated cars due to technology improvements in robotics during the next six years. Furthermore, favourable government initiatives and increased investment in the military sector are expected to fuel the expansion of the mobile robotics market over the forecast period.
Restraints/Challenges
However, the high initial investment required for mobile robots installation and the high maintenance required for mobile robotics are projected to limit the market's growth. Few factors may act as restraints on market growth, such as the prolonged and dearth of improvement still to overcome in mobile robotics research and development, expensive installation costs while building mobile robots, and unsuitable performance expectations before testing the robots. These are the curbing factors that can hinder market growth during the forecast time period.
This mobile robotics market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the mobile robotics market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Mobile Robotics Market
COVID-19 has had a significant impact on the global economy and all industries around the world. This is frequently due to supply chain interruptions around the world. The world's economies have suffered as a result of a significant drop in product demand. The main causes leading to the drop in production are the fall in exports and, as a result, supply chain disruptions. COVID-19 is thus wreaking havoc on the mobile robotics market. As a result, the predicted year-on-year growth rate for 2020 is lower than for 2019.
Recent Development
Rheinmetall, a German defence contractor, has teamed up with the WB Group of Poland to link the Mission Master autonomous unmanned ground vehicle with the Warmate micro combat unmanned aerial vehicle. This was presented at MSPO 2019, which took place in September in Poland.
In August 2019, Teledyne Instruments, a subsidiary of Teledyne Technologies in the United States, was awarded a contract to provide AUVs to the US Navy, which included supplies and services for the present AUV development.
Global Mobile Robotics Market Scope
The mobile robotics market is segmented on the basis of component, product and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Component
- Software
- Hardware
- Support Services
Product
- Unmanned Aerial Vehicles (UAVs)
- Unmanned Ground Vehicles (UGVs)
- Unmanned Surface Vehicles (USVs)
- Autonomous Underwater Vehicles (AUVs)
End-user
- Logistics and Warehousing
- Defense
- Medical and Healthcare
- Domestic
- Entertainment
- Others
Mobile Robotics Market Regional Analysis/Insights
The mobile robotics market is analysed and market size insights and trends are provided by country, component, product and end user as referenced above.
The countries covered in the mobile robotics market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America expected for the high growth of mobile robotics for domestic purposes such as vacuum and floor cleaning, lawn mowing and others.
Asia Pacific dominated the market and is expected to witness high growth due to strong demand for UAVs in Australia, Japan, China, India, and South Korea. Increased use in agricultural, medical, and industrial applications is expected to drive the regional market.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The mobile robotics market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for mobile robotics market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the mobile robotics market. The data is available for historic period 2010-2020.
Competitive Landscape and Mobile Robotics Market Share Analysis
The mobile robotics market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to mobile robotics market.
Some of the major players operating in the mobile robotics market are:
- Omron Robotics and Safety Technologies, Inc (U.S)
- Aethon (U.S)
- Amazon.com, Inc. (U.S)
- Barrett Technology, LLC (U.S)
- General Dynamics Mission Systems, Inc. (U.S)
- Boeing (U.S)
- Bossa Nova Robotics (U.S)
- ECA GROUP (France)
- FANUC CORPORATION (Japan)
- GeckoSystems Intl. Corp. (U.S)
- Harvest Automation (U.S)
- Alphabet Inc. (U.S)
- Honda Motor Co., Ltd. (Japan)
- iRobot Corporation. (U.S)
- Deere & Company (U.S)
- Kongsberg Maritime (Norway)
SKU-