Mobile Robotics Market to Reach $130.9 Billion, Globally, by 2032 at 23.1% CAGR: Allied Market Research
The significant impacting factors in the mobile robotics market include increase in demand for automation, advancements in technologies like AI and sensors, diverse industry applications such as logistics and healthcare, and the versatility of robotic solutions.
Wilmington, Delaware, March 11, 2024 (GLOBE NEWSWIRE) -- Allied Market Research published a report, titled,* “**Mobile Robotics Market** by Application (Logistics and Warehousing, Military and Defense, Healthcare, Domestic, Entertainment, Education, Agriculture and Forestry, and Others), Product (Unmanned Ground Vehicle (UGV), Unmanned Aerial Vehicle (UAV), and Autonomous Underwater Vehicle (AUV)), and Component (Hardware, Software, and Support and Service): Global Opportunity Analysis and Industry Forecast, 2023-–2032.” *According to the report, the mobile robotics market was valued at $16.5 billion in 2022, and is projected to reach $130.9 billion by 2032, registering a CAGR of 23.1% from 2023 to 2032. *Download Research Report Sample & TOC: *
*https://www.alliedmarketresearch.com/request-sample/**280** *
(We are providing report as per your research requirement, including the Latest Industry Insight’s Evolution, Potential and COVID-19 Impact Analysis)
· 320– Pages
· 215 - Tables
· 54 - Charts
*Prime **D**eterminants of **G**rowth*
The significant impacting factors in the mobile robotics market include the increase in need for safety for human life, and upsurge in demand for mobile logistics by online retailers. However, high initial acquisition costs and challenges in working in untested environments are expected to hinder market growth. Conversely, emergence of industry 4.0 in warehousing and logistics, and surge in adoption of mobile robotics in agriculture are projected to offer remunerative opportunities to the mobile robotics market. Each of these factors are anticipated to have a definite impact on the market during the forecast period.
*Report **C**overage & **D**etails:*
*Report Coverage* *Details*
Forecast Period 2023–2032
Base Year 2022
Market Size In 2022 $16.5 Billion
Market Size In 2032 $130.9 Billion
CAGR 23.1%
No. Of Pages in Report 320
Segments Covered Application, Product, Component, And Region.
Drivers Increase In Need for Safety Human Life Upsurge In Demand for Mobile Logistics by Online Retailers
Opportunities Emergence Of Industry 4.0 In Warehousing and Logistics Surge In Adoption of Mobile Robotics in Agriculture
Restraints High Initial Acquisition Cost Challenges In Working in Untested Environments
*The **logistics** and warehousing segment to **maintain** its leadership status during the forecast period.* By application, the logistics and warehousing segment held the highest market share in 2022, accounting for nearly one-fourth of the global mobile robotics market revenue and is estimated to maintain its leadership status during the forecast period, as rapid growth of e-commerce has increased the demand for efficient and automated logistics solutions. Mobile robots play a crucial role in streamlining warehouse operations, including order picking, packing, and sorting.
*The unmanned aerial vehicle (UAV) segment to **maintain** its leadership status during the forecast period.*
By product, the unmanned aerial vehicle (UAV) segment held the highest market share in 2022, accounting for more than half of the global mobile robotics market revenue and is estimated to maintain its leadership status during the forecast period. In addition, the autonomous underwater vehicle (AUV) segment is projected to attain the highest CAGR of 24.4% from 2023 to 2032, owing to an increase in underwater exploration for industries such as oil and gas, marine research, and environmental monitoring.
*The hardware segment to **maintain** its leadership status during the forecast period.*
By component, the hardware segment held the highest market share in 2022, accounting for more than three-fifth of the global *mobile robotics **industry* revenue and is estimated to maintain its leadership status during the forecast period. In addition, the support and service segment are projected to attain the highest CAGR of 28.9% from 2023 to 2032.
*Inquiry Before Buying:*
*https://www.alliedmarketresearch.com/purchase-enquiry/280*
*Asia-Pacific to **maintain** its dominance by 2032.*
Region-wise, Asia-Pacific held the highest market share in terms of revenue in 2022, accounting for nearly half of the global mobile robotics market revenue. Asia-Pacific is expected to witness the fastest CAGR of 23.8% from 2023 to 2032, owing to continuous increase in need for automation, including the use of mobile robotics in manufacturing processes.
*Leading Market Players: -*
· Kuka AG.
· Honda Motor Co., Ltd.
· Northrop Grumman Corporation
· iRobot Corporation
· Lockheed Martin Corporation
· SoftBank Robotics Holdings
· Amazon Robotics
· Kongsberg Maritime AS
· UBTECH Robotics, Inc.
· Boston Dynamics
The report provides a detailed analysis of these key players of the global Mobile robotics market. These players have adopted different strategies such as partnership to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
*Key Benefits **for** Stakeholders*
· This report provides a quantitative analysis of the mobile robotics market report, current trends, estimations, and dynamics of the mobile robotics market analysis from 2022 to 2032 to identify the prevailing mobile robotics market opportunity.
· Market research is offered along with information related to key drivers, restraints, and opportunities.
· Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
· In-depth analysis of the mobile robotics market segmentation assists to determine the prevailing mobile robotics growth projections.
· Major countries in each region are mapped according to their revenue contribution to the global mobile robotics market overview.
· Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
· The report includes the analysis of the regional as well as mobile robotics market trends, key players, market segments, application areas, and market growth strategies.*Procure Complete Report (**3**20 Pages PDF with Insights, Charts, Tables, and Figures) @ **https://www.alliedmarketresearch.com/checkout-final/**mobile-robotics**-market*
*Mobile Robotics Market** Key Segments:*
*By **Application**:*
· Others
· Logistics and Warehousing
· Military and Defense
· Healthcare
· Domestic
· Domestic Application
· Floor Cleaning Robots
· Lawn Cleaning Robots
· Pool Cleaning Robots
· Window Cleaning Robots
· Others
· Entertainment
· Education
· Agriculture and Forestry
*By **Product**:*
· Unmanned Ground Vehicle (UGV)
· Unmanned Aerial Vehicle (UAV)
· Autonomous Underwater Vehicle (AUV)
*By End User:*
· Hardware
· Hardware Component
· Sensor
· Actuator
· Power Supply
· Control System
· Others
· Software
· Support and Service
*By Region:*
· *North America* (U.S., Canada, and Mexico)
· *Europe *(UK, Germany, France, Russia, and Rest of Europe)
· *Asia-Pacific *(China, Japan, India, Australia, South Korea, and Rest of Asia-Pacific)
· *Latin America* (Brazil, Argentina, and Rest of Latin America)
· *Middle East and Africa *(UAE, Saudi Arabia, and Rest of Middle East and Africa)
*Access AVENUE - A Subscription-Based Library (Premium On-Demand, Subscription-Based Pricing Model) @ **https://www.alliedmarketresearch.com/library-access*
Avenue is a user-based library of global market report database, providing comprehensive reports pertaining to the world's largest emerging markets. It further offers e-access to all the available industry reports just in a jiffy. By offering core business insights on the varied industries, economies, and end users worldwide, Avenue ensures that the registered members get an easy as well as single gateway to their all-inclusive requirements.*Avenue Library Subscription | Request For 14 Days Free Trial of Before Buying:*
*https://www.alliedmarketresearch.com/avenue/trial/starter** *
*Trending Reports in Semiconductor and Electronics Industry:*
*Mobile Logistics Robot Market* was valued at $2,420.7 million in 2017, and is projected to reach $11,269.1 million by 2025, registering a CAGR of 21.2% from 2018 to 2025*
Educational Robot Market* expected to reach $5.9 billion by 2031, growing at a CAGR of 17.4% from 2022 to 2031
*SCARA Robot Market* size was valued at $7.10 billion in 2018, and is projected to reach $14.78 billion by 2026, registering a CAGR of 9.8% from 2019 to 2026
*Industrial Controls Market* size was valued at $121.48 billion in 2019, and is projected to reach industrial controls market size $170.12 billion by 2027, registering a CAGR of 5.91%
*About Us:*
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports Insights" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. *Contact:* David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
India (Pune): +91-20-66346060
Fax: +1-800-792-5285
*help@alliedmarketresearch.com*