Mobile Robotics Market 2016 to grow at a CAGR of 12.63% during the period to 2020

A mobile robot is an automatic machine that is not fixed to one position. It is capable of moving in an environment for which it is designed. It can function autonomously or can be remotely controlled. Mobile robots have been deployed in the Aerospace and Defense industry for many years; however, now these robots are gaining popularity among industrial and commercial applications too. Apart from the Aerospace and Defense industry, these robots are being used in industries such as Automotive, Warehouse, Healthcare, Energy, and Agriculture and Mining.

Global Mobile Robotics Market to grow at a CAGR of 12.63% over the period 2014-2019.

There has been a quick escalation in the demand for mobile robots because of their adoption in technical and industrial applications. Several end-user industries are utilizing the services of mobile robots because of their reliability, accessibility, and low cost. These robots are commonly used for surveillance, inspection, and transportation. Mobile robots are most effective in repetitive tasks, which help workers to focus more on high-value tasks improving operational efficiency.

“The rapid industrialization of emerging economies such as China, India, Brazil, and South Korea has led to increased demand for mobile robots,”.

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“To increase production and give stiff competition to foreign players, companies across industries such as Automotive, Food and Beverages, Healthcare, and Logistics are adopting mobile robots.”

Covered in this Report

This report covers the present scenario and the growth prospects of the Global Mobile Robotics market for the period 2015-2019. Based on the terrain in which mobile robotics operates, the Global Mobile Robotics market can be segmented into three: UGV, UAV, and UMV.

Global Mobile Robotics Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions; it also covers the Global Mobile Robotics market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key Market Drivers

Increased Demand from Aging Population
Increased Use of Mobile Robots in Emerging Countries
Demand for Superior-quality Products at Reduced Prices

Key Market Trends

Increased Focus on R&D
Increased Demand from APAC Region
Increase in M&A

Key Market Vendors

Adept Technology Inc.
GeckoSystems Intl. Corp.
Honda Motor Co. Ltd.
iRobot Corp.
KUKA Aktiengesellschaft

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To define the market circumstances in the next 3-4 years, Our analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.

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