Mobile Robotics Market by Component (Hardware, Software), Type (Commercial, Personal), Operating Condition, Application - Global Forecast 2024-2030

Mobile Robotics Market by Component (Hardware, Software), Type (Commercial, Personal), Operating Condition, Application - Global Forecast 2024-2030

The Mobile Robotics Market size was estimated at USD 51.80 billion in 2023 and expected to reach USD 64.45 billion in 2024, at a CAGR 25.55% to reach USD 254.83 billion by 2030.Mobile robotics are autonomous or semi-autonomous machines capable of performing various tasks by using artificial intelligence. Food & beverage sectors are adopting mobile robots to deliver goods or orders more quickly and efficiently than traditional methods, increasing customer satisfaction with faster delivery times. The industrial sectors utilize mobile robotics to automate labor-intensive processes and free up employees to work on other tasks, resulting in cost savings. Furthermore, these mobile robotics allow farmers to perform agricultural activities such as plowing, seed sowing, mud leveling, water spraying, and crop cutting. However, initial acquisition cost and data privacy and security issues of mobile robotics limit their deployment worldwide. Moreover, integrating artificial intelligence (AI) and machine learning (ML) into mobile robotics allows them to process data from surrounding environments and enhance the performance efficiencies of mobile robotics. The emerging use of mobile robotics to provide access to advanced medical treatments, such as remote surgery, telemedicine, and physical therapy, is expected to expand the scope of advanced robotics solutions in the coming years.

Regional Insights

Europe, the Middle East, and the African region represent a highly developing mobile robotics market owing to the rising usage of automation solutions and robotics across manufacturing industries, supportive government initiatives toward Industry 4.0, and ongoing advancements in mobile robotics for better performance and efficiency. The demand for mobile robots in the Americas is driven by increased automation in the manufacturing sector, the need for improved efficiency and cost savings across industrial operations, and supportive government initiatives for the automated manufacturing sector. According to the Robotic Industries Association (RIA) in the U.S., between 2019 and 2021, nearly 485,000 units of logistics robots were expected to be sold in the U.S., with an annual growth of 18%. The supportive government initiatives and investments such as Japan Society 5.0, Industry 4.0 Testlabs in Australia, Made in China 2025, Smart Advanced Manufacturing and Rapid Transformation Hub (SAMARTH) Udyog Bharat 4.0 in India, and Industry 4.0 Demonstration Network in New Zealand for the automated manufacturing sector are developing scope for mobile robotics in the Asia-Pacific region.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Mobile Robotics Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Mobile Robotics Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Mobile Robotics Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., Aethon Inc., Boston Dynamics, Inc., ECA Group, FANUC America Corporation, Fetch Robotics, Inc. by Zebra Technologies Corporation, GeckoSystems Intl. Corp., Honda Motor Co., Ltd., Intel Corporation, JAG Jakob AG, Kollmorgen Corporation, KUKA AG, LG Electronics, Locus Robotics, NVIDIA Corporation, Ocean International, Inc., Omron Corporation, Quantum Robotics, RARUK Automation Ltd., Robert Bosch GmbH, Robotnik Automation S.L., Samsung Electronics Co., Ltd., Sarcos Technology and Robotics Corporation, Seegrid Corporation, Seiko Epson Corp., Shenzhen Han’s Robot Co., Ltd., Sphero, Inc., Stellantis N.V., Teradyne, Inc., and Vecna Robotics, Inc..

Market Segmentation & Coverage

This research report categorizes the Mobile Robotics Market to forecast the revenues and analyze trends in each of the following sub-markets:

Component

Hardware
Actuators
Airframe
Cameras
Control Systems
Navigation Systems
Power Supply
Propulsion Systems
Sensors

Software
Type

Commercial

Personal
Operating Condition

Aerial

Ground

Marine
Application

Aerospace & Defense

Agriculture

Automotive & Transportation

Construction

Consumer Goods & Retail

Education

Energy & Utilities

Food & Beverage

Healthcare

Media & Entertainment

Semiconductor & Electronics

Telecommunication
Region

Americas
Argentina
Brazil
Canada
Mexico
United States

California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas

Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam

Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Mobile Robotics Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Mobile Robotics Market?
3. What are the technology trends and regulatory frameworks in the Mobile Robotics Market?
4. What is the market share of the leading vendors in the Mobile Robotics Market?
5. Which modes and strategic moves are suitable for entering the Mobile Robotics Market?

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