Global Mobile Robotics Market Will Grow Due To Advent Of Industry 4.0 Logistics And Warehousing

Mobile robotics is referred to as an automatic machine that is capable of performing locomotion. Locomotion, mapping navigation, perception, and localization are unique principal activities of mobile robots. Mobile robotics technology is gaining immense popularity in a wide range of sectors including defense, warehousing, logistics, healthcare, and medical. Also, it assists in managing industry-specific tasks, lowering costs, and overcoming human constraints.

The global mobile robotics market is forecasted to witness substantial growth. Robotic technology is expecting a significant spike in the adoption rate in a large number of commercial and industrial settings. For instance, medical centers are utilizing autonomous mobile robots for transferring materials and tracking patient health. In addition, the military and defense sectors utilize robotic technology to combat complex ground scenarios. Furthermore, mobile robotics improves the capability of soldiers and troops by offering several advantages at ground level. Field robot is widely utilized in the defense sector for different functions like rescuing wounded soldiers, effectively operating in life-threatening situations, protect the lives of soldiers, and carrying heavy equipment. The surge in technological advancements has enhanced the flexibility in robotic technology, which in turn is fuelling the usage of mobile robotics globally.

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Furthermore, several e-commerce companies are emphasizing on acquiring robotics vendors to expand their warehouse operations. Mobile robotics can navigate through inherently dynamic environments including warehouses and construction sites. This is fuelling production facilities without causing the requirement to renovate the existing operating environment, which in turn is likely to further scale the growth of the global market exponentially. Also, the advent of industry 4.0 logistics and warehousing to improve industrial productions and the growing adoption of more intelligent solutions are some of the key factors fuelling the growth of the global market.

The global mobile robotics market is segmented into application, component, product, and region.

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By application, the market can be segmented into agriculture & forestry, education, entertainment, domestic, healthcare, military, defense, logistics & warehousing, and others.

By component, the market can be segmented into support & service, software, and hardware.

By product, the market can be segmented into autonomous underwater vehicles, unmanned aerial vehicles, unmanned ground vehicles, and others.

North America accounts for the largest share in the global mobile robotics market due to the wide adoption of mobile robotics in the defense sector. Also, the big organizations in the region are automating their manufacturing operations to lower the cost, deliver better quality services, and save time, which in turn is likely to accentuate the growth of the regional market in forthcoming years.

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Asia Pacific is expected to be the fastest-growing region in the global mobile robotics market due to the ongoing technological advancements in the field of robotic technology. Also, the emergence of giant e-commerce vendors in the region supports the growth.

Some of the significant players in the global mobile robotics market are ECA Group, LEGO, Bluefrog Robotics, Promobot, Mayfield Robotics, Amazon Robotics, LG, GeckoSystems, 3DR, Parrot, Samsung Electronics, Bluefin Robotics, KUKA, Kongsberg Maritime, Lockheed Martin, DJI, iRobot, Softbank, Honda Motor, and Northrop Grumman. To cite, Northrop Grumman in June 2018 developed a new facility in Illinois, US. The expansion is likely to assist Northrop Grumman to efficiently cater to its customers in support of national security.