Mobile Robotics Market Modern Lifestyle, and Rising Market

Apr 4, 2023

3 min read

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Mobile Robotics Market Insights

The mobile robotics market is anticipated to grow significantly, with a projected market size of USD 242.3 billion by 2030, compared to its value of USD 35.4 billion in 2021. The market is expected to register a CAGR of 23.8% during the forecast period from 2022 to 2030.

Robots that are capable of autonomous or semi-autonomous movement and use wheels, tracks, or legs to navigate their surroundings are referred to as mobile robotics. These robots are employed in a variety of industries, including manufacturing, healthcare, logistics, and agriculture, to perform a range of tasks, including inspection, surveillance, transportation, and manipulation.

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Applications:

Mobile robots are versatile and find application across various industries, including manufacturing, healthcare, logistics, and agriculture. In manufacturing, these robots are utilized for material handling, assembly, and quality control tasks. In healthcare, mobile robots are used for patient care, medication delivery, and even surgery. Logistics industries use mobile robots for inventory management, order fulfillment, and delivery purposes. Finally, in agriculture, these robots assist in crop monitoring and harvesting activities.

Market value:

The growth in the market is driven by the increasing demand for automation in various industries, as well as the advancements in artificial intelligence, sensors, and navigation technologies. Additionally, the development of new applications, such as warehouse automation and autonomous vehicles, is expected to further fuel market growth.

Market Segment: By Product Autonomous Ground Vehicle (AGV), Unmanned Ariel Vehicle (AAV), and Autonomous Underwater Vehicle (AUV)

By Component Hardware, Software, and Support & service

By End-user Logistics & warehousing, Healthcare, Domestic, Entertainment, Education, Military & Defense, Agriculture & Forestry, and others

By Region North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa

Segmentation:

The mobile robotics market application can be segmented based on type, application, and region. By type, the market can be segmented into unmanned ground vehicles (UGVs), unmanned aerial vehicles (UAVs), and unmanned marine vehicles (UMVs). By application, the market can be segmented into manufacturing, healthcare, logistics, agriculture, and others. By region, the market can be segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and South America.

The mobile robotics market is anticipated to undergo substantial expansion in the upcoming years, primarily propelled by the mounting need for automation in diverse industries and the emergence of novel technologies. The manufacturing, healthcare, logistics, and agriculture sectors are expected to maintain their upward trajectory, hence generating a sustained demand for mobile robots. Furthermore, the introduction of innovative materials and applications, such as soft robotics, designed to facilitate human-robot interaction, is projected to further stimulate market growth. To sum up, the future looks promising for the mobile robotics industry.

The study provides answers to the following key questions:                      

  • What type of customers buying the products and services from companies operating in the Mobile Robotics Market?

  • What will be the roadmap for the product manufacturers operating in the Mobile Robotics Market for the forecast period, 2022-2030?

  • What are the recent developments in the competitive landscape to look out for during the estimated period?

  • What are the major trends influencing customers’ lives and their buying behaviour?

  • How can brands best communicate with the customers they intend to target?

  • When, where and how the customers want to use or consume the products or services?

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