Global mobile robots market is driven by the need for low latency, fast computing, and less dependency on cloud-based AI for critical applications, global Mobile Robots market in estimated value from USD 17,900.00 million in 2018 to an estimated value of USD 93107.65 million by 2026, registering a CAGR of 22.89% in the forecast period of 2019-2026.
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Mobile robot is an integration of artificial intelligence with physical robots which has feature of locomotion which means they have capability to navigate around physically. They are controlled using software and use sensors & other gears to identify and recognize their surroundings. Mobile robots can be categorized into autonomous and non-autonomous mobile robots. Autonomous mobile robots are capable to move around without any external guidance or tool and non-autonomous mobile robots need some external tools to navigate.
Global mobile robots market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of mobile robots market for global, Europe, North America, Asia Pacific and South America.
Major Market Competitors/Players: Global Mobile Robots Market
Few of the major competitors currently working in Mobile Robots market are Northrop Grumman Corporation, Kuka AG, Honda Motor Co., Ltd, SoftBank Corp., Irobot, DJI, Lockheed Martin Corporation, Kongsberg Maritime, Bluefin Robotics Corporation (General Dynamics Mission Systems, Inc.), Samsung Electronics, Parrot Drones SAS., 3DR, GeckoSystems Intl. Corp., LG Electronics, Amazon Robotics Mayfield Robotics, Promobot, BLUE FROG ROBOTICS & BUDDY, Lego, ECA GROUP and others.
- High Adoption of Robots for Personal Use
- Growing Influx for Warehouse Automation
- Performance Issues in Untested Conditions
- Lack of good human machine interfacing
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Segmentation: Global Mobile Robots Market
- By Operating Environment
- By Component
- Power Supply
- Control System
- By Type
- Professional Robots
- Personal and Domestic Robots
- By Application
- Floor-Cleaning Robots
- Lawn-Cleaning Robots
- Pool-Cleaning Robots
- Window-Cleaning Robots
- Entertainment, Education, and Personal
- Entertainment Robots
- Education Robots
- Personal Robots
- Demining Robots
- Fire and Bomb Fighting Robots
- Border Security Robots
- Agriculture Drones
- Agriculture Robots
- Surgery Assistance Robots
- Diagnostic Robots
- Other Medical Robots
- Public Relations and Inspection
- Telepresence Robots
- Inspection and Maintenance Robots
- Human Exoskeleton
- Construction and Demolition
- By Geography
- Rest of South America
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- South Africa
- Saudi Arabia
- United Arab Emirates
- Rest of Middle East and Africa
Key Developments in the Market:
- In January, Futura Automation LLC announced the launch of a new product line, Applied Robotics. Applied Robotics Inc. engaged in providing robotic end-of-arm tooling and connectivity products and it is expected to increase the capability and presence of Futura Automation, in the North American robotics sector.
- In June 2018, Northrop Grumman expanded its business by launching a new facility in Illinois, US which would help Northrop Grumman in serving better to their customers in support of national security.
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