Global Mobile Robotics Market to Grow 12.21% - Legal Compliance in Use of UAVs Hindering Market Growth - Research and Markets

Apr 25, 2016, 15:49 ET from Research and Markets

DUBLIN, April 26, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Mobile Robotics Market 2016-2020" report to their offering.

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The global mobile robotics market is expected to grow at a CAGR of 12.21% during the period 2016-2020.

These machines have become one of the fastest growing segments within the robotics industry, and are attracting increasing investments. In recent times, the use of mobile robots has increased manifold in commerce and industry. Mobile robots are classified based on the environment in which they operate. Such robots include UGV, UAV, and UMV.

Increase in online shopping has initiated the need for improving product delivery system. This has prompted online retail and e-commerce companies to look out for newer and innovate ways of product delivery. Companies have started investing in UAVs for delivering products to customers. Amazon and Walmart have authorized license from FAA to test UAV/drone delivery system. At present, both the companies are testing the feasibility of drone delivery system for commercial purpose. Other major retailers and e-commerce companies are also expected to follow this trend.

According to the report, global manufacturers are embracing Industry 4.0 to attain operational excellence and profitability. The vision of this movement is to replace human labor with robots to improve the productivity and efficiency of the factory. Industry 4.0 encourages the use of digital technology, complete factory automation, and use of mobile robotics to create smart factories.

Further, the report states that the legal compliance and ethical and political implications in the use and development of UAVs with respect to the airspace of individual countries hinder market growth.

Key vendors: 

  • Boeing
  • Israel Aerospace Industries
  • Lockheed Martin
  • Northrop Grumman
  • Oceaneering
  • Omron Adept Technologies
  • SAAB

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by types

PART 07: Market segmentation by end-users

PART 08: Geographical segmentation

PART 09: Market drivers

PART 10: Impact of drivers

PART 11: Market challenges

PART 12: Impact of drivers and challenges

PART 13: Market trends

PART 14: Vendor landscape

PART 15: Key analysis

For more information visit http://www.researchandmarkets.com/research/wxx5j8/global_mobile


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SOURCE Research and Markets