Global mobile robotics market growth is expected to be driven majorly by revenue contribution by Asia Pacific market over the forecast period

Mobile robots are autonomous locomotive, and are used in various sectors such as military, automotive, medical, and others.

A major factor driving growth of the global mobile robotics market is increasing demand for mobile robotics from manufacturing and electronics sectors. A major factor hampering growth of the global mobile robotics market is high cost of mobile robotics.

The global market report is segmented on the basis of component, product type, application, and region. On the basis of product, the global market is segmented into unmanned aerial vehicles (UAVs), unmanned ground vehicles (UGVs), and autonomous underwater vehicles (AUVs). The unmanned ground vehicles (UGVs) segment is expected to witness highest growth during the forecast period.

On the basis of component, the global market is segmented into hardware and software. The hardware segment accounts for highest revenue share in the global market. On the basis of application, the global market is segmented into logistics & warehousing, defense, medical & healthcare, entertainment, and others. The logistics & warehousing segment is expected to witness significant growth over the forecast period.

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On the basis of region, the global market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America accounts for highest share in terms of revenue in the global market. The Asia Pacific market is expected to witness highest growth in terms of revenue in the global market over the forecast period, owing to increasing adoption of mobile robotics from electronics and healthcare sectors in countries in this region.

Key players in the global market are iRobot Corporation, Kuka AG, Amazon, Inc., Google, Inc., Bluefin Robotics Corporation, Adept Technology, Inc., GeckoSystems Intl. Corp., Northrop Grumman Corporation, ECA Group, and Honda Motor Co., Ltd.

About the Author

Michelle Boyd
Michelle does an outstanding job, related to the Health and Medicine background. Having experience of more than 8years, have been working before with other companies related to the same field, been an expert in resolving whatever queries are being approached by the team. She likes to enjoy each and every moment of life.

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