Mobile Robotics Market Size, Share, And Growth Report 2032

Mobile Robotics Market Size

According to Zion Market Research, the global Mobile Robotics Market was worth USD 25.24 Billion in 2023. The market is forecast to reach USD 162.67 Billion by 2032, growing at a compound annual growth rate (CAGR) of 23% during the forecast period 2024-2032.

The report offers a comprehensive analysis of the market, highlighting the factors that will determine growth, potential challenges, and opportunities that could emerge in the Mobile Robotics Market industry over the next decade.

Request Free Sample

Mobile Robotics Market: Overview

The rising need for professional applications for mobile robotics systems in agriculture, defense, aerial, medical, et al. is probably going to be the main booster for the global mobile robotics market. Constant technological improvements and rapid industrialization is additionally set to develop safe robots & autonomous and are assumed to power the event of the mobile robotics market. For example, in June 2017, Yaskawa unrolled collaborative Robot MOTOMAN-HC10. The new device was an addition to the economic robots. This device can work with humans without the need for a security fence, which can extend its usage capability. On the opposite hand, the high cost of maintenance will hamper the expansion of the global mobile robotics market within the years to return.

COVID-19 Impact Analysis:

COVID-19 has severely impacted the global economy and every one of the industries throughout the world. This is often mainly owing to the disruptions within the supply chain across the world. The economies across the planet have declined as there's a serious decline in the demand for products.  The decline in exports and therefore the disruptions within the supply chain are the main factors contributing to the decline in production. The Mobile Robotics market is thus getting suffering from COVID-19. This has resulted in a lower estimated year-on-year rate of growth for 2020 as compared with 2019.

Mobile Robotics Market: Growth Factors

The mobile robotics market is majorly driven by the factors such as development in autonomous technology, growing demand for automatic equipment from the aerospace and defense industry, and growth of automation in the manufacturing industry whereas high price and maintenance are some of the restraints of the mobile robotics market. The adoption of Mobile Robotics solutions is growing in many industries, but the main adoption is observed within the medical & healthcare, domestic, logistics & warehousing, defense, entertainment and others. The demand for factory automation is predicted to still grow, due to the increasing requirement for high-quality products. This, as a result, is projected to extend the utilization of Mobile Robotics solutions to attenuate energy consumption and maximize production.

Mobile Robotics Market: Segmentation

Based on the product the market is segmented into autonomous underwater vehicles (AUVs), unmanned aerial vehicles (UAVs), unmanned ground vehicles (UGVs), and unmanned surface vehicles (USVs).  

A range of application divisions of the mobile robotics market comprises defense, logistics & warehousing, domestic, medical & healthcare, and entertainment. Defense division was dominating the application segment in the mobile robotics market and it added up for the most important share of the global mobile robotics market in 2015. Logistics & warehousing division was the second biggest division of the mobile robotics market in terms of income. The Medical & healthcare division is additionally likely to extend at a steady pace within the years to return. The domestic applications division is additionally attaining traction due to the acceptance of robotic vacuum cleaners.

Request Free Sample

Mobile Robotics Market: Report Scope

Mobile Robotics Market: Regional Analysis

The requirement for the mobile robotics market was the uppermost in the Asia Pacific thanks to the increasing requirement of drones for the defense division additionally to AGVs in industrial sectors. The Asia Pacific was cashed by Europe and North America in the mobile robotics market in terms of demand. The Asia Pacific was assumed to be the quickest developing area for the mobile robotics market due to the increasing economies within the nations like Japan, China, India, and South Korea among others.

Request Free Sample

Mobile Robotics Market: Competitive Players

Some of the major participants in mobile robotics market comprise:

• Barrett Technology
• Adept Technology
• John Deere
• Swisslog
• Seegrid Corp.
• Amazon
• KUKA Robotics
• iRobot Corporation
• Honda Motor Co. Ltd.
• Gecko Systems Intl. Corp. 
• Bossa Nova robotics
• Google
• Harvest Automation
• Aethon
• ECA robotics
• Kongsberg Maritime
• Bluefin Robotics
• Northrop Grumman

The global Mobile Robotics  market is segmented as follows:  

By Application

• Logistics & Warehousing
• Defense
• Medical & Healthcare
• Domestic
• Entertainment
• Others

By Product         

• Unmanned Aerial Vehicles (UAVs)
• Unmanned Ground Vehicles (UGVs)
• Unmanned Surface Vehicles (USVs)
• Autonomous Underwater Vehicles (AUVs)

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa