WESTFORD, Mass., July 1, 2024
/PRNewswire/ -- According to SkQuest, global Mobile Robots
Market size was valued at USD 16.5
Billion in 2022 and is poised to grow from USD 20.31 Billion in 2023 to USD 107.1 Billion by 2031, growing at a CAGR of
23.1% during the forecast period (2024-2031).
Robots that can move from one place to another and perform their
programmed functions are known as mobile robots. Use of advanced
technologies such as artificial intelligence and machine learning
have made mobile robots more capable than ever before. High
investments in the development of advanced robotics technologies
are also slated to help mobile robots market expansion in the
future. The global mobile robots market is segmented into offering,
type, application, and region.
Download a detailed overview:
https://www.skyquestt.com/sample-request/mobile-robots-market
Mobile Robots Market Overview:
Report
Coverage
|
Details
|
Market Revenue in
2023
|
$ 20.31
billion
|
Estimated Value by
2031
|
$ 107.1
billion
|
Growth
Rate
|
Poised to grow at a
CAGR of 23.1%
|
Forecast
Period
|
2024–2031
|
Forecast
Units
|
Value (USD
Billion)
|
Report
Coverage
|
Revenue Forecast,
Competitive Landscape, Growth Factors, and
Trends
|
Segments
Covered
|
Application, Offerings,
Type, and Payload
|
Geographies
Covered
|
North America, Europe,
Asia Pacific, Middle East & Africa, Latin America
|
Report
Highlights
|
Updated financial
information / product portfolio of players
|
Key Market
Opportunities
|
Adoption of industry
4.0 technologies in warehousing and industrial
automation
|
Key Market
Drivers
|
Advancements in
Robotics Transforming Personal Assistance and Household Tasks is a
driving factor of market expansion
|
Segments covered in Mobile Robots Market are as
follows:
- Application
- Agricultural, Cleaning, Educational, Healthcare, Manufacturing,
Warehousing & Logistics, and Others
- Offerings
- Hardware (Sensors, Actuators, Power supplies, Control Systems,
Others), Software & Services
- Type
- Professional Robots (Autonomous Mobile Robot, Automated Guided
Vehicle, Others), and Personal & Domestic Robots
- Payload
- Up to 300 kg, 500–600 kg, 1000-1500 kg
Request Free Customization of this report:
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Hardware Determines the Success of Any Mobile Robot
Manufacturer
Hardware plays a crucial role in determining the efficacy and
functionality of mobile robots and this is why this segment is high
important for all market players. Sensors, actuators, control
systems, etc. are key hardware components that mobile robot
providers will need to focus on. Companies can completely develop
new hardware technologies to stand out from the competition or
collaborate to leverage each other's expertise.
Software is also a key component of mobile robots and its
importance is slated to increase exponentially across the forecast
period. Integration of new and advanced technologies will mostly be
dependent on software. High demand for advanced technology
integration will allow the software and services segment to bring
in many new opportunities for mobile robot companies through
2031.
View report summary and Table of Contents (TOC):
https://www.skyquestt.com/report/mobile-robots-market
Professional Robots to Remain the Talk of Town as
Implementation of Robots in Commercial Spaces Rises
Developing professional mobile robots is projected to remain the
most lucrative thing for all market players. The growing adoption
of robotics in several industry verticals and the high availability
of novel professional mobile robots is allowing this segment to
hold sway over others. Proven improvements in operational
efficiency, costs, and productivity are key benefits that will
bolster the sales of professional mobile robots in the future.
On the other hand, domestic or personal robots are also slated
to offer good returns as consumer preferences change around the
world. The rising disposable income of people around the world is
also projected to favor the demand for domestic robots and create
new opportunities for mobile robot companies in the long term.
Rise of Precision Farming to Augment Product Adoption Rate in
Agricultural Applications
The rapidly growing population, followed by the need to feed the
ever-increasing population has boosted the adoption of precision
and smart farming techniques. Such methods utilize machinery and
technology to improve efficiency in farming, thus boosting the
demand for mobile robots to operate in the agricultural sector.
Healthcare is another industry where the use of mobile robots is
estimated to increase at a good pace going forward. Robotic
surgeries are also gaining traction and acceptance around the
world, which is also slated to boost the demand for mobile robots
in the future. Manufacturing and logistics are also highly
remunerative industries where sales of mobile robots could shine
brightly.
Mobile robot manufacturers must invest in developing innovative
robots equipped with advanced technologies. The creation of more
capable robots will be the primary focus of upcoming as well as
established mobile robot providers in the future.
Related Reports:
Robotics Market
Service Robotics Market
Delivery Robots Market
Warehouse Robotics Market
SCARA Robot Market
About Us:
SkyQuest is an IP focused Research and Investment Bank and
Accelerator of Technology and assets. We provide access to
technologies, markets and finance across sectors viz. Life
Sciences, CleanTech, AgriTech, NanoTech and Information &
Communication Technology.
We work closely with innovators, inventors, innovation seekers,
entrepreneurs, companies and investors alike in leveraging external
sources of R&D. Moreover, we help them in optimizing the
economic potential of their intellectual assets. Our experiences
with innovation management and commercialization has expanded our
reach across North America,
Europe, ASEAN and Asia
Pacific.
Contact:
Mr. Jagraj Singh
SkyQuest Technology
1 Apache Way,
Westford,
Massachusetts 01886
USA (+1) 351-333-4748
Email: sales@skyquestt.com
Visit Our Website: https://www.skyquestt.com/
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SOURCE SkyQuest Technology