Global Mobile Robots Market Report, 2018-2023: Increasing Demand for Warehouse Automation

DUBLIN, Dec. 12, 2018 /PRNewswire/ --

The "Mobile Robots Market by Operating Environment (Aerial, Ground, and Marine), Component (Control System, Sensors), Type (Professional and Personal & Domestic Robots), Application, and Geography - Global Forecast 2023" report has been added to ResearchAndMarkets.com's offering.

The mobile robots market was valued at USD 13.91 billion in 2017 and is expected to reach USD 54.12 billion by 2023, at a CAGR of 23.71% between 2018 and 2023.

In terms of volume, the market registered a shipment of ~8.1 million units in 2017 and is expected to reach 30 million units by 2023, at a CAGR of 20.66%.

High adoption of robots for personal use, such as companionship and entertainment, and increase in demand for warehouse automation are some of the key factors driving market growth.

Increasing aging population worldwide propel the demand for mobile robots for elderly assistance and focus on developing robots with special application cases that work and add value are the key factors that will fuel the growth of the mobile robots market during the forecast period.

Performance in the untested environments and the lack of high-level interfacing are the major factors restraining the growth of the mobile robots market. In addition, safe operation while working with humans is a big technological challenge for the players in the mobile robots market.

North America is expected to hold the largest share of the mobile robots market in 2018. This growth can be attributed to the expected demand from verticals such as telepresence, inspection & maintenance, and home security along with major verticals such as medical, defense, marine, logistics, and education and research. iRobot, GeckoSystems, Adept Technology, Google, and Amazon are the major companies in the mobile robots market based in the US.

However, the market in APAC is expected to grow at the highest CAGR during the forecast period. Significantly growing demand for drones in India, South Korea, China, and Japan for surveillance applications and rising demand for mobile service robots such as AGVs and logistic robots for logistic stock management are the key factors driving the growth of the market in APAC.

The value chain pertaining to the mobiles market comprises phases such as planning and revising fund, R&D, manufacturing, assembly, distribution, and after-sales services. Major value to the mobile robots market is added during R&D and manufacturing phases.

Key Topics Covered

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown of Primaries
2.2 Secondary and Primary Research
2.2.1 Key Industry Insights
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Market Breakdown and Data Triangulation
2.5 Research Assumptions and Limitations
2.5.1 Assumptions
2.5.2 Limitations

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in Mobile Robots Market
4.2 Mobile Robots Market, By Type
4.3 Mobile Robots Market for Hardware, By Component
4.4 Mobile Robots Market in APAC, By Application vs By Country/Region
4.5 Mobile Robots Market, By Application
4.6 Mobile Robots Market, By Country

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 High Adoption of Robots for Personal Use
5.2.1.2 Increasing Demand for Warehouse Automation
5.2.2 Restraints
5.2.2.1 Performance in Untested Environments and Lack of High-Level Interfacing
5.2.3 Opportunities
5.2.3.1 Focus on Developing Robots With Special Features
5.2.3.2 Increasing Geriatric Population Worldwide Boosting Demand for Service Robots for Elderly Assistance
5.2.4 Challenges
5.2.4.1 Safety Concerns While Working With Humans
5.3 Value Chain Analysis
5.4 Technology Trends

6 Mobile Robots Market, By Operating Environment
6.1 Introduction
6.2 Aerial
6.2.1 Adoption of UAVs for Applications Such as Agriculture, and Surveying and Mapping to Grow at A Higher Rate During Forecast Period
6.3 Ground
6.3.1 Adoption of Mobile Robots Operating on the Ground for Applications Such as Logistics and Military Driving Market
6.4 Marine
6.4.1 Adoption of AUVs for Applications Such as Military, Oceanography, Archeology, and Exploration, and Search and Salvage Operations to Fuel Growth of Market

7 Mobile Robots Market, By Component
7.1 Introduction
7.2 Hardware
7.2.1 Sensor
7.2.1.1 Ability of Motion Sensors to Detect Objects Easily Contributes to Growth of Mobile Robot Market for Sensor
7.2.1.2 Ability of Light Sensor to Detect Ambient Light Helps Robot to Operate With Ease
7.2.1.3 Adoption of Proximity Sensors in UAVs is Key Driving Factor
7.2.1.4 Ability to Provide Temperature Measurement Data Drives Market for Sensor
7.2.1.5 Others
7.2.2 Actuator
7.2.2.1 Market for Pneumatic Actuators to Grow at Significant Rate During Forecast Period
7.2.3 Power Supply
7.2.3.1 Increasing Demand for Robots With More Endurance Time to Drive Market for Power Supply
7.2.4 Control System
7.2.4.1 Growth of Market for Control System Can Be Attributed to the Evolution of Autonomous Robots and AI Integrated Robots Worldwide
7.2.5 Others
7.3 Software
7.3.1 Market for Software to Grow Rapidly Due to the Increase in Demand for Mobile Robots With Auto Navigation and Autonomous Decision-Making Capabilities

8 Mobile Robots Market, By Type
8.1 Introduction
8.2 Professional Robots
8.2.1 High Rate of Adoption of Professional Robots for Applications Such as Military and Field Driving Market
8.3 Personal and Domestic Robots
8.3.1 Growth of Market for Personal and Domestic Robots Can Be Attributed to Increasing Demand for Companion Robots for Educating and Entertaining Infants Worldwide

9 Mobile Robots Market, By Application
9.1 Introduction
9.2 Domestic
9.2.1 Floor-Cleaning Robots
9.2.1.1 Popularity of Floor-Cleaning Robots in the Residential Sector has Helped the Market for Floor-Cleaning Robots Grow Rapidly
9.2.2 Lawn-Cleaning Robots
9.2.2.1 Advent of Wireless Technology in Smartphones Or Tablets has Helped Control Lawn-Cleaning Robots
9.2.3 Pool-Cleaning Robots
9.2.3.1 Introduction of Pool-Cleaning Robots has Simplified the Process of Cleaning
9.2.4 Window-Cleaning Robots
9.2.4.1 Ability to Measure Dimensions of Window for Effective Cleaning is Key Factor Driving Grow of Market for Domestic Robots
9.2.5 Others
9.3 Entertainment, Education, and Personal
9.3.1 Entertainment Robots
9.3.1.1 Entertainment Robots are Specially Developed to Entertain and Help Children Or Elderly People
9.3.2 Education Robots
9.3.2.1 Potential of Education Robots to Impart Knowledge is Key Factor Driving Growth of Market
9.3.3 Personal Robots
9.3.3.1 Reduction in Cost of Security Robots to Fuel Growth of Market for Personal Robots
9.4 Military
9.4.1 Demining Robots
9.4.1.1 Demining Robots With Effective Sensing Capabilities are Well Adapted to the Conditions of Minefields
9.4.2 Fire and Bomb Fighting Robots
9.4.2.1 Use of Fire- and Bomb-Fighting Robots Eliminates the Need for A Human Presence in Dangerous Environments
9.4.3 Border Security Robots
9.4.3.1 Adoption of UAVs and AUVs for Border Security is Key Factor Driving Growth of Market for Military Application
9.4.4 Others
9.5 Field
9.5.1 Agriculture Drones
9.5.1.1 Ease of Use and Affordability are Key Factors Driving Growth of Market for Field Applications
9.5.2 Agriculture Robots
9.5.2.1 Agribots are Mainly Deployed at Harvesting Stage as These Robots Perform Labor-Intensive Jobs
9.5.3 Forestry
9.5.3.1 Adoption of Drones for Monitoring Forests is Key Factor Driving Growth of Market for Forestry Application
9.6 Medical
9.6.1 Surgery Assistance Robots
9.6.1.1 Ability to Perform Surgeries With Precision to Drive Market for Medical Application
9.6.2 Diagnostic Robots
9.6.2.1 Robotics Have Been Used in Laboratories for Specimen Collection and Specimen Preparation
9.6.3 Other Medical Robots
9.7 Public Relations and Inspection
9.7.1 Telepresence Robots
9.7.1.1 Adoption of Telepresence Robots for Remote Visiting is Key Factor Driving Growth of Market
9.7.2 Inspection and Maintenance Robots
9.7.2.1 Market for Inspection and Maintenance Applications to Grow Significantly Owing to Capability of Robots to Perform Fully Automated Inspection, Cleaning, and Damage-Measuring Tasks
9.8 Logistics
9.8.1 Growing Penetration of E-commerce Companies in Developing Countries Worldwide to Drive Market for Logistics Application
9.9 Human Exoskeleton
9.9.1 Ability of Mobile Robots to Assist Workers for Better Productivity and Security Drives Market for Human Exoskeleton Applications
9.1 Construction and Demolition
9.10.1 Adoption of Robots By Real Estate Agencies, Government Bodies, and Military and Defense Agencies Worldwide for Construction of Buildings and Roads Fueling Growth of Market

10 Geographic Analysis
10.1 Introduction
10.2 North America
10.2.1 US
10.2.1.1 Increasing Aging Population in the US is Creating Growth Opportunities for Mobile Robots Market for Entertainment, Education, and Personal Applications
10.2.2 Canada
10.2.2.1 Growing Venture Capital Investments in Service Robotics Companies Key Factor Driving Growth of Market in Canada
10.2.3 Mexico
10.2.3.1 Increasing Demand for Professional Robots for Applications Such as Field, Medical, and Logistics Fueling Growth of Market in Mexico
10.3 Europe
10.3.1 UK
10.3.1.1 The Government is Planning to Fuel Research Activities in the Field of Robotics in the UK
10.3.2 Germany
10.3.2.1 Adoption of Mobile Robots for Personal Applications to Propel the Growth of Mobile Robots Market in Germany
10.3.3 France
10.3.3.1 Increasing Demand of Robots for Military and Telepresence Applications to Fuel Growth of Mobile Robots Market in France
10.3.4 Rest of Europe
10.4 APAC
10.4.1 Japan
10.4.1.1 Support From Government and Corporate Sector Drives Market in Japan
10.4.2 China
10.4.2.1 Aging and Elderly Population, Including People With Disabilities, in China Create A Strong Demand for Mobile Robots to Provide Assistance
10.4.3 India
10.4.3.1 Increasing Research Activities Associated to Robotics and Ai-Related Technology Developments to Fuel Growth of Market in India
10.4.4 South Korea
10.4.4.1 Sports and Entertainment Applications Driving Market in South Korea
10.4.5 Rest of APAC
10.5 RoW
10.5.1 Middle East & Africa
10.5.1.1 Increasing Adoption of Robots in Educational Institutions and Smart Home Automation to Drive Market in Middle East & Africa
10.5.2 South America
10.5.2.1 Increasing Adoption of Robots for Military and Education Applications to Provide Growth Opportunity in South America

11 Competitive Landscape
11.1 Introduction
11.2 Mobile Robots Market Ranking Analysis, 2017
11.3 Competitive Situations and Trends
11.3.1 Product Launches
11.3.2 Partnerships and Collaborations
11.3.3 Expansions
11.3.4 Contracts and Agreements
11.3.5 Acquisitions

12 Company Profiles
12.1 Key Players
12.1.1 Kuka
12.1.2 Northrop Grumman
12.1.3 Honda Motor
12.1.4 Softbank
12.1.5 Irobot
12.1.6 DJI
12.1.7 Lockheed Martin
12.1.8 Kongsberg Maritime
12.1.9 Bluefin Robotics Corporation
12.1.10 Samsung Electronics
12.2 Other Key Players
12.2.1 Parrot
12.2.2 3DR
12.2.3 Geckosystems
12.2.4 LG
12.2.5 Amazon Robotics
12.2.6 Mayfield Robotics
12.2.7 Promobot
12.2.8 Blue Frog Robotics
12.2.9 Lego
12.2.10 ECA Group

For more information about this report visit https://www.researchandmarkets.com/research/zd49kg/global_mobile?w=5

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

SOURCE Research and Markets

Related Links

http://www.researchandmarkets.com