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Global Mobile Robotics Market Is Expected To Grow Swiftly Till 2020: Grand View Research, Inc.

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Global Mobile Robotics Market Is Expected To Grow Swiftly Till 2020: Grand View Research, Inc.

September 16
11:30 2019
Global Mobile Robotics Market Is Expected To Grow Swiftly Till 2020: Grand View Research, Inc.

Grand View Research, Inc. – Market Research And Consulting.
According to report published by Grand View Research, Commercialization of the concept of automated cars owing to technological advancements in robotics is expected to favorably impact mobile robotics market.

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.

To request a sample copy or view summary of this report, click the link below:
http://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.

Have Any Query? Ask Our Experts @ https://www.grandviewresearch.com/inquiry/703/ibb

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

About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

For more information: www.grandviewresearch.com

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Phone: 1-415-349-0058, Toll Free: 1-888-202-9519
Address:201, Spear Street, 1100
City: San Francisco
State: California
Country: United States
Website: www.grandviewresearch.com/industry-analysis/mobile-robotics-market

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