Global Mobile Robotics Market is Expected to Reach $39,585
Million by 2026
“Based on product, the UAV segment dominated the global mobile robotics market in 2018, in terms
of revenue. However, the UGV segment is expected to grow at the highest CAGR during the forecast
period. Unmanned ground vehicles (UGV) are expected to serve as future combat systems for military
purposes. For instance, the United States Armed Forces invest in future combat systems (FCS) that
include the designs and developments in reference to these unmanned ground vehicle systems and
other devices. Various programs are taken up by the defense sector, including the robotic follower
advanced technology, which deals in UGV systems that are capable of following a manned lead
vehicle.”
According to Asavari Patil,
Semiconductor and Electronics
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KEY FINDINGS OF THE STUDY
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Based on product, the UAV segment held the highest mobile robotics market share in 2018.
However, the UGV segment is anticipated to witness higher growth than UAV over the forecast
period.
Based on component, the hardware segment dominated the global mobile robotics market in
2018.
Based on region, North America held the majority share in the mobile robotics market in 2018.
Major key players profiled cover in Report:
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Boston Dynamics (Softbank Group Corp.)
Ubtech Robotics, Inc
Northrop Grumman Corporation
Irobot Corporation
Kuka Ag
Softbank Robotics
Lockheed Martin Corporation
Market dynamics
Drivers
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Increase in need for safety for human life
Upsurge in demand for mobile logistics by online retailers
Restraints
• High initial acquisition cost
• Challenges in working in untested environments
Opportunities
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Emergence of industry 4.0 in warehousing and logistics
Surge in adoption of mobile robotics in agriculture
⦁ Report Overview:
https://www.alliedmarketresearch.com/mobile-robotics-market
Analyst Review:
Robotics technology is a combination of machine tools and computer applications used for various
activities that include designing, manufacturing, and others. Use of robotics technology allows
consumers to automate processes, increase productivity, enhance quality, and reduce human errors.
Mobile robotics offer higher level of uptime over manual labor that leads to major productivity gains
and profitability. For instance, an autonomous mobile robot can adapt to the changes in surrounding,
and its application is expected to increase the efficiency in delivering the services effectively with
upmost precision and without any error. In addition, industrial robotics projects are increasing
worldwide with an emphasis on end-to-end process automation. The key to industrial robots
application is reducing the operations costs and preventing exposure of humans to hazardous
environments.
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