Market Trends – Implementation of autonomous mobile robots in the Warehouse
The global Mobile Robot Market will be worth USD 117.89 Billion by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to the increasing adoption of mobile robots in the manufacturing plants. Adopting intelligent technologies such as artificial intelligence, deep learning, and mobile robotics drives the growth of the mobile robot market over the forecast period. The growing need for automation and self-optimization of the machinery in the factories to obtain increased productivity and enhanced operational efficiency is anticipated to fuel the development of the market. The manufacturing plants are increasingly adopting autonomous mobile robots in the manufacturing plants to ensure worker safety, reduce human resources and operational & manufacturing costs, and eliminate human errors. Technological advancements in the sensors and cameras have resulted in the flexibility and agility of mobile robots and increased their usage for operations.
The report studies the factors influencing the growth of the industry in the global market and offers accurate predictions about the growth pattern. The report pays special attention to the key elements of the market, such as drivers, restraints, opportunities, threats, risks, limitations, and other aspects.
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The latest research report entails an in-depth analysis of the current growth opportunities for various regions of the Mobile robot market, gauging their revenue share over the forecast timeline. Furthermore, the report analysis the year-on-year growth rate of these regions over the forecast duration. The leading market regions profiled in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
One of the report’s central components is the broad Mobile robot market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The report contains unbiased industry expert opinions on the current market scenario, past market performance, production & consumption rates, demand & supply ratio, and revenue generation forecasts over the estimated period. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of the Mobile robot market players.
The report offers insightful information about the market dynamics of the Mobile robot market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Mobile robot market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Mobile robot market.
Key participants include Northrop Grumman, Kuka, iRobot, Honda Motor, Softbank Group, Kongsberg Maritime, DJI, Bluefin Robotics Corporation, Samsung Electronics, and Lockheed Martin, among others.
Emergen Research has segmented the global Mobile Robot Market on the basis of Product, Application, and region:
Product Outlook (Revenue, USD Billion; 2017-2027)
- Unmanned Aerial Vehicles (UAVs)
- Unmanned Ground Vehicles (UGVs)
- Unmanned Surface Vehicles (USVs)
- Autonomous Underwater Vehicles (AUVs)
Application Outlook (Revenue, USD Billion; 2017-2027)
- Warehouse & Logistics
- Defense & Security
- Energy & Power
- Mining and Minerals
- Entertainment, Education and Personnel
At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.