Mobile Robotics Market Technological Advancements, Robotics Industry is Expected to Observe Commercialization

Mobility promises to be the next frontier in flexible robotics. Mobile robots assure additional flexibility to end-users in agricultural, medical and surgical, security, defense and ocean and space applications. Mobile robots have found wide applications in industry, military and security environments. Additionally, they are used as consumer products for entertainment and domestic applications. The Mobile Robotics Market is divided into four major segments based on product types: Unmanned Ground Vehicles (UGVs) including Automated Guided Vehicles (AGVs), Unmanned Aerial Vehicles (UAVs), Unmanned Surface Vehicles (USVs), and Autonomous Underwater Vehicles (AUVs). The market has witnessed a wide adoption of mobile robots in industrial applications for warehousing and distribution, painting and depainting, and coating and dispensing. However, domestic robots for cleaning and maintenance are progressively more ordinary in residences in countries such as the U.S., France, Germany, and Japan. . Decrease in turnaround time with an increase in operational efficiency by re-applying labor from moving goods to higher-value tasks gives mobile robots an additional advantage over conventional robots. With technological advancements, the robotics industry is expected to observe commercialization of automated cars. This would further fuel the demand for mobile robots.

Different applications of mobile robotics include logistics (warehousing and distribution), medical and healthcare, military and defense, field applications such as agricultural, mining, forest harvesting, domestic application such as cleaning and entertaining and others including coating and dispensing, and painting and depainting. Decreasing price of sensors and cameras and availability of open source platforms is propelling the demand for domestic robots, including vacuum cleaners and lawn mowers in personal service application segment.

The robotics industry has witnessed grants and funds from local governments to obtain an edge over others in the competitive environment. Moreover, this industry has observed investment from venture capital (VC) investors in drone-related startups owing to increase in demand for drones. Integration of mobile robots with mobile technologies, other smart products, and appliances is further expected to boost the sales of mobile robots in domestic application segment.

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The research report on the mobile robotics market provides a detailed analysis of products including Unmanned Ground Vehicles (UGVs), Automated Guided Vehicles (AGVs), Unmanned Aerial Vehicles (UAVs), Unmanned Surface Vehicles (USVs), and Autonomous Underwater Vehicles (AUVs) and helps in understanding driving forces behind the popularity of mobile robots in the robotics industry. It also provides analysis of application segment of the mobile robotics market for the next six years. The report includes extensive analysis of the industry drivers, restraints, market trends and market structure. The market study provides comprehensive assessment of stakeholder strategies and imperatives for succeeding in the business. The report segregates the market based on travelling environment, application, and different geographic regions. The report includes a detailed analysis of the prevalent market situation, company profiles and industry trends for mobile robots used across different application.

The detailed value chain analysis and porter’s five forces analysis helps the market competitors to formulate their business strategies at every stage of their business. Moreover, the market estimates have been analyzed by keeping in mind the several factors which affect the market including but not limited to technological, economical, social, environmental and legal.

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