Mobile Robotics Market – Growth Forecast Research 2024 Mobile Robotics Market

Mobile Robotics Market Analysis Report, Share, Growth, Trend,
and Forecast, 2024: Global Market Insights Inc.
The research report on “Mobile Robotics Market Size, Industry Outlook, Regional
Analysis (U.S., Germany, UK, Italy, Russia, China, India, Japan, South Korea,
Brazil, Mexico, Saudi Arabia, UAE, South Africa), Application Development,
Competitive Landscape & Forecast, 2016 - 2024”, global Mobile Robotics Market
size is estimated to grow at a double digit CAGR over the forecast timeline.
Technological advancements in commercialization of automated cars and increased
adoption by military and defense is expected to drive the mobile robotics market.
Major application areas where these devices are used include agriculture,
transportation, inspection, maintenance, building, medical sectors, etc. For instance,
farmers use them for performing different tasks, including harvesting, weeding and
collecting crop data, etc. Advancement in sensors used for navigation, simplicity and
increasing dependence on unmanned jobs have positive impact on the global mobile
robotics market. Favorable funding scenario, presence of sensor manufacturers, robot
manufacturers, automation system providers, software developers, manufacturing
companies, and increasing application areas will fuel revenue growth.
In 2015 ABB, introduced YuMi robot, the world’s first collaborative industrial mobile
robot communicating with humans. WiBotic is developing a kind of machine with
wireless battery charging facility available for mobile, aerial and aquatic robots. Around
24,000 robots were ordered from North American companies in 2016, indicating an
increase of seven percent in units. It is estimated that North America is the third to use
robots after Japan and China. This inclination is due to the major fact that leading
automation companies are reaching out to small and medium sized companies. U.S.
mobile robotics market size is the key driver for the North American revenue.
Lack of awareness among small scale industries of emerging technology, scarcity of
skill sets to use them efficiently, high cost of such equipment and tools is expected to
hamper the mobile robotics market growth. A company will be benefited more if they
employ multiple robots than just a single device, which will require a greater efficiency
in performance relating to higher degree of automation. A higher installed base invites
new set of issues and handling problems, which may include map building, covering
an entire area, maze solving etc.
The focus of the industry remains higher control to use these devices in a safe and
effective way. The stationary controlled products are being replaced by intelligent
mobile robots in many industries. The competition against the rising labor costs, and
greater demand for productivity and quality has led to higher adoption, driving the
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