Mobile Robotics Market Report Key Highlights Hayden Hurst Youth Jersey , Strength and Strategy Assessment and Market Analysis by 2020 by rajshukla2017 · November 27, 2018
Industry Insights
Globally, the Mobile Robotics Market valued at USD 4.43 billion in 2014 and is presumed to reach USD 10.60 billion by 2020. Rapid industrialization and growing need for automation to improve the efficiency in the production and to augment the quality process; mobile robotics is significantly evolving its market globally. Mobile robots represent powerful robots which act on a variety of operations according to their programmed configurations.
Advancement in mobile robotics technology is significantly evolving in different functional areas as defense, warehousing, medical& healthcare, and logistics. It aids the humans in managing a specific set of task to overcome the human restraining and efficient in saving the cost of production.
Optimized use of the resource in terms of labor cost Justin Tucker Youth Jersey , aging workforce and growing demand for productivity are presumed to impel the demand for the market growth. Furthermore, high initial investment and time consumption in particular set of functional areas such as manufacturing, marketing, and Research & Development are expected to be constraints for the market growth.
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Product Insights
On the basis of products, the mobile robotic market is segmented into Unmanned Ground Vehicles (UGV), Unmanned Surface Vehicles (USV) Trace McSorley Womens Jersey , Unmanned Aerial Vehicles (UAV) and Autonomous Underwater Vehicles (AUV). UGV is presumed to be the leading the segment over the projected year attributed to rising demand in the implementation in areas of military and defense agencies. UAVs are presumed to witness a substantial increase throughout the projected period associated with significant increase in the areas of photography, defense, wildlife research and survey, military, surveying and mapping, and security applications.
The USVs has been impelled by cost-efficient wireless data system and global positioning system Iman Marshall Womens Jersey , which supposed to continue over the next few years.
Application Insights
By end-use, the mobile robotic market is bifurcated into service and industrial segment. The traditional industrial application covers warehousing &distribution, coating & dispensing and painting and de-painting. Service segments comprised of personal and professional end-use. Personal end-use comprised of domestic purposes such as maintenance, cleaning, and entertainment. Professional end-use covers logistics, agricultural Ben Powers Womens Jersey , forest harvesting, medical, mining, and military & defense.
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Reduced price of cameras and sensors and feasible and accessibility of open source software development platforms are propelling factors for the increased demand for domestic robots for personal end-use such as vacuum cleaners and lawn movers. Combining the mobile robots with mobile technologies and smart appliances is presumed to enhance the profitability of personal service mobile robots.
Regional Insights
With the increase in number of terror attacks in different regions of Asia Pacific region, there has been increase in demand of military agencies to keep stringent surveillance system over such activities thus contributing factor of Asia-Pacific region such as India, China Justice Hill Womens Jersey , Japan, South Korea and Australia for their dominance in the market and continue to increase growth over the projected years. Domestic robots are extensively used in countries of the US, Japan, Germany, and France for the cleaning and maintenance purpose. The U.S is expected to lead the R&D investment on UAV technology over the next ten years.
Competitive Insights
The major players of mobile robotics players include Northrop Grumman Corporation (U.S.), iRobot Corporation (U.S) Miles Boykin Womens Jersey , Google Inc(US), GeckoSystems Intl. Corp. (U.S.), Bluefin Robotics Corporation (U.S.), ECA Group (France), Honda Motor Co., Ltd. (Japan). Jaylon Ferguson Womens Jersey , Adept Technology, Inc. (U.S.), KUKA AG (Germany), Inc (U.S).
Mobile Robotics Application Outlook (Revenue, 2012 鈥?2020) 鈥?Industrial 鈥?Service
Mobile Robotics Regional Outlook (Revenue Marquise Brown Womens Jersey , 2012 鈥?2020) 鈥?North America 鈥?Europe 鈥?Asia Pacific 鈥?RoW
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