Mobile Robots Market is projected to witness a compound annual growth rate of 14.35% to reach a total market size of US$16.943 billion by 2022, from US$8.665 billion in 2017. Mobile robots refer to non-stationary robots that operate without human intervention. The major growth driving factor for this market is the increasing demand for mobile robots in various sectors such as logistics, warehousing, medical and healthcare, and defense. Optimizing business processes, resolving human constraints and efficient management of industry specific activities further supplement the growth of the market. Conversely, the major limitations are the high cost of manufacturing coupled with time-consuming research and development, marketing and manufacturing.
Research Methodology
Firstly, the report provides a brief introduction of the market and deals with detailed research methodology for calculating market size and forecasts, secondary data sources used and the primary inputs which were taken for data validation. This section also outlines various segmentation which has been covered as part of the report.
Market Dynamics
Next, the section provides comprehensive market dynamics through an overview section along with growth drivers, challenges, and opportunities which exist in the current market. This section of the report also provides supplier and industry outlook as a whole; key industry, global and regional regulations which are determining the market growth and a brief technological aspect of mobile robots. Complete industry analysis has also been covered by Porter’s five forces model as a part of this report section.
Segmentation
Mobile Robots Market has been segmented on the basis of Type, Component, End User Industry and Geography as below:
By Type
Ground
Aerial
Marine
By Component
Software
Hardware
By End User Industry
Military and Defense
Healthcare
Travel and Transport/Logistics
Media and Entertainment
Education and Research
Others
By Geography
Americas
North America
South America
Europe Middle East and Africa
Europe
Middle East and Africa
Asia Pacific
Market Players
Competitive intelligence and company profiles section deals with major players in the market, their market shares, growth strategies, products, financials, and recent investments among others. Key industry players covered as part of this section are Northrop Grumman Corporation, KUKA, Honda Motor, Adept Technology along with others.
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