Mobile Robotics Market to Develop at 12.6% owing to Increasing Government Support
A recently released report by
Transparency Market Research (TMR) forecasts that the global mobile
robotics market will expand at a healthy CAGR of 12.6% between
2013 and 2019. TMR, a market intelligence firm in its report states
that by 2020, the global mobile robotics market, which in 2012 was
valued at US$6249.6 million, is anticipated to reach US$14202.2
million by the end of the forecast period. The report titled ‘Mobile
Robotics Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast 2013 - 2019s’ is available for sale on the
company website. According to this TMR report, the key factors
driving the global mobile robotics market are integration of mobile
robots with mobile technologies, surging venture capital investments
in service robotics companies, and increasing funds and grants by
governments. Mobile robotics are mainly used in industrial activities
such as warehousing distribution and logistics, inspection
activities, painting and de-painting, and assembly operations.
Browse The Report:
http://www.transparencymarketresearch.com/mobile-robotics-market.html
In the services segment,
mobile robotics are used in fields such as entertainment, healthcare,
and defense amongst other areas. Another prominent factor driving the
global mobile robotics market is the decreasing price of cameras and
sensors and also the availability of open source platforms. This
research report segments the global mobile robotics market on the
basis of travelling environment, application, and geography. On the
basis of travelling environment, this market is categorized into
autonomous underwater vehicles (AUVs), unmanned surface vehicles
(USVs), unmanned aerial vehicles (UAVs), and unmanned ground vehicles
(UGVs).
Application-wise, the global
mobile robotics market is segmented into industrial applications and
service applications. The segment for UGVs inclusive of AGVs holds
the largest share in the global mobile robotics market. The surging
demand for UAVs and high demand for AGVs in distribution and
warehousing applications will stimulate the global mobile robotics
market during the forecast period. Geographically, this research
study segments the global mobile robotics market into Asia Pacific,
North America, Europe, and Rest of the World. In 2012, with a share
of 34.2%, Asia Pacific was the largest regional player in the overall
mobile robotics market. Surging demand for AGVs in industrial
applications and demand for drones in defense are the two main
factors that propel the Asia Pacific mobile robotics market.
It is the surging demand for
mobile robots in field applications, which will drive the Asia
Pacific mobile robotics market in the years to come. The Rest of the
World market is anticipated to grow at a favorable rate of growth
during the forecast period owing to extensive usage of AUVs and UAVs
in defense applications.The prominent companies in the global mobile
robotics market identified by this research report are QinetiQ,
Bluefin Robotics, Harvest Automation Inc., Aethon Inc., Gecko Systems
Intl. Corp., ECA Robotics, Bossa Nova Robotics, and Boeing Co.
amongst others. Scarcity of experts in the R&D segment is a key
restraint in the global mobile robotics market.
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Transparency Market Research
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report provides clients with a 360-degree view of the market with
statistical forecasts, competitive landscape, detailed segmentation,
key trends, and strategic recommendations
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