Mobile Robotics Market To Witness Growth Rapidly Due To Increased Integration With Mobile Technologies & Smart Appliances Till 2020: Grand View Research, Inc.
According
to a new study by Grand View Research, Inc., global mobile robotics market growth can be attributed to
increased adoption in military & defense applications. Commercialization of
automated cars due to technological advancement in mobile robotics is expected
to drive the market over the next six years. Favorable regulatory scenario,
including funds and grants for promoting the robotics industry is also expected
to positively impact the global market.
Availability
of open source platforms coupled with reduction in sensor and camera prices is
expected to propel demand for domestic mobile robots such as vacuum cleaners
and lawn mowers. Scarcity of experts equipped with the skill sets required for
R&D may pose a challenge to mobile robotics market growth. Relatively low
market penetration coupled with growing demand from end-use industries is
expected to be a growth opportunity for key industry participants.
Browse full
research report on Mobile Robotics Market: www.grandviewresearch.com/industry-analysis/mobile-robotics-market
Further
Key Findings From the Study Suggest:
- Unmanned Ground Vehicles (UGVs) are expected to
be the most dominant segment over the next six years due to a plethora of
mobile robotics opportunities in military and defense. UAVs have
considerable growth potential owing to their capability to cater to
diverse applications such as surveying, wildlife research, mapping,
security, and defense.
- The mobile robotics market for service
applications is expected to witness high growth over the forecast period.
Professional robots dominated the overall service robotics market, with a
large number of applications in defense and agricultural applications.
Increasing use in personal assistance and for medical purposes, such as in
drug delivery, is expected to be favorable for the personal robotics
market. In the industrial segment, warehousing & distribution is
expected to remain the key market; other applications mainly include
painting, coating, and inspection.
- Asia Pacific was the dominant regional market
in 2013; it is further expected to continue being the market leader over
the next six years. Increased adoption of mobile robots in industrial,
agricultural, and medical applications has driven regional mobile robotics
market growth. Growing domestic robots demand is expected to be the key
driving force for the North America market.
- Leading mobile robotics market players have
strived to develop robots capable of delivering and sustaining in
challenging environments. There has been an increased emphasis on
developing mobile-based applications to control unmanned vehicles. The
industry is characterized by notable mergers and acquisitions; for
instance, Adept Technology’s acquisition of MobileRobotics Inc.
Browse more
reports of this category by Grand View Research: www.grandviewresearch.com/industry/semiconductors
Grand View Research has segmented the global mobile robotics market on
the basis of product, application and region:
Mobile
Robotics Product Outlook (Revenue, 2012 - 2020)
- Unmanned
Ground Vehicles (UGVs)
- Unmanned
Aerial Vehicles (UAVs)
- Unmanned
Surface Vehicles (USVs)
- Autonomous
Underwater Vehicles (AUVs)
Mobile
Robotics Application Outlook (Revenue, 2012 - 2020)
- Industrial
- Service
Mobile
Robotics Regional Outlook (Revenue, 2012 - 2020)
- North
America
- Europe
- Asia
Pacific
- RoW
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Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-mobile-robotics-market
About Grand
View Research:
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
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