Mobile Robotics Market Analysis, Product Scope, Consumption
and Dynamics Forecasts by 2020
“The Global Mobile Robotics Market is estimated to develop at a substantial
CAGR for the duration of the prediction period. The market research report
delivers an exceptional means for assessing the market, emphasizing
openings, and backing up the planned and calculated policymaking.”
Industry Insights
Globally, the Mobile Robotics Market valued at USD 4.43 billion in 2014 and is presumed to reach USD 10.60
billion by 2020. Rapid industrialization and growing need for automation to improve the efficiency in the
production and to augment the quality process; mobile robotics is significantly evolving its market globally.
Mobile robots represent powerful robots which act on a variety of operations according to their programmed
configurations.
Advancement in mobile robotics technology is significantly evolving in different functional areas as defense,
warehousing, medical& healthcare, and logistics. It aids the humans in managing a specific set of task to
overcome the human restraining and efficient in saving the cost of production.
Optimized use of the resource in terms of labor cost, aging workforce and growing demand for productivity are
presumed to impel the demand for the market growth. Furthermore, high initial investment and time
consumption in particular set of functional areas such as manufacturing, marketing, and Research &
Development are expected to be constraints for the market growth.
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