Mobile Robotics Market Study 2018

Mobile Robotics Market (Unmanned Ground Vehicles (UGVs) including Automated Guided Vehicles (AGVs), Unmanned Aerial Vehicles (UAVs), Unmanned Surface Vehicles (USVs), Autonomous Underwater Vehicles (AUVs)) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019

Overview of Mobile Robotics Market

Mobile robots are automatic machines that have the capability of locomotion. They are not fixed to one physical place, but move around in the environment to accomplish various tasks. Mobile robots are advanced machines that accentuate significant importance and focus in different industry platforms including, research and development, and other laboratory researches at major universities.

Browse: Mobile Robotics Market

The use of these devices is established in a broad range of applications such as military, industrial, and security settings. Its implementation is also found in domestic segments for consumer convenience in the form of domestic consumer products. Domestic robots, including entertaining robots are used to perform certain domestic-household tasks such as dusting, cleaning, vacuuming, or trimming grass using vacuum cleaners and lawn movers.

Regardless of the application, for any mobile device the potential to map and navigate in its surrounding environment is essential. Mobile robots have that ability to map its own position and accomplish the task or goal programmed for use. These devices are often integrated with other mobile technologies such as mobile tablets, smartphones, PCs, or other miscellaneous appliances to analyze and experience an autonomous mobile experience.

Mobile robots are classified on the basis of their travelling environment. They are categorized into Unmanned Aerial Vehicles (UAVs), Unmanned Ground Vehicles (UGVs), Unmanned Surface Vehicles (USVs), and Autonomous Underwater Vehicles (AUVs).

Influencing Factors and Market Overview

Due to certain value-driven factors, the growth in the mobile robotics market is comparatively showing an inclination for the forecast period 2013 to 2019. A recent study report by a leading firm Transparency Market Research reports the global mobile robotics market was worth USD 6,249.6 million in 2012, and is expected to reach USD 14,202.2 million by 2019, growing at a CAGR of 12.6% from 2013 to 2019.

The market research study analyzes the mobile robotics market in terms of revenue (USD Million) from 2013 to 2019, and provides estimates regarding shares and size of the market on a global level. Some of the notable growth factors in this market are declining cost of sensors and high-quality cameras. In addition, the market also offers various open source platforms that inspire nascent industrial companies to invent innovative robotic products found at reasonable costs. Moreover, the U.S. governments consent on sanctioning the regulations regarding the usage of UAVs for civilian use by the end of 2015 is another major growth factor propelling the market forward.

Considering the market study on the basis of regional analysis, the Asia Pacific region was the largest market for mobile robotics in 2012. It accounted for 34.2% in 2012, and is further expected to rise throughout the forecast period. Growth is eminent in Asia-Pacific because of a rising demand for mobile robots in application areas like agricultural, domestic, medical, and industrial applications.

Other countries such as, India, South Korea, China, Pakistan, Philippines, Taiwan, Thailand, Singapore, and Australia will witness a growth in the Unmanned Aerial Vehicles (UAVs) segment too.

Mobile robotics market analysis: By travelling environment

Of all the types of mobile robots, the Unmanned Ground Vehicles (UGVs) including AGVS were the biggest segment in 2012, accounting for 45.5% of the overall market share globally. Nevertheless, the market is expected to grow during the forecast period 2013 - 2019. Besides, the Unmanned Ground Vehicles (UGV) segment is presently followed by the Autonomous Underwater Vehicles (AUV) sector because of the increasing use of AGVs in distribution and warehousing applications and growing demand for UAVs in military, defense, and security applications. The AUV sector will grow sharply in the forecast period.

Furthermore, the Unmanned Aerial Vehicles (UAVs) segment is predicted to increase with linear growth throughout the forecast period, and similarly, the market for USVs will rise and expand in the near future, due to the cost effective wireless data systems and global positioning systems.

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