Mobile robots are an extension of artificial intelligence infrastructure, in which its physical form is able to move in a particular environment. These robots have a number of sensors attached to them that are integrated with software, which help in their mobility and keeping a check of their environment. These robots are available in both the types, autonomous and non-autonomous; as they can work without the need for an external user to provide the tasks as well as the user can have complete control of the robots.
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The main factor behind the growth of the market is:
The market is segmented on the basis of operating environment as aerial, ground, marine; component as hardware, software; type is segmented into professional robots, personal & domestic robots; application is segmented into domestic, entertainment, education & personal, military, field, medical, public relations & inspection, logistics, human exoskeleton, construction & demolition.
Some of the recent market developments are as follows:
“According to Data Bridge Market Research, global mobile robots market is growing at a highest CAGR of 22.89% during the forecast period of 2019 to 2026”
Some of the major players operating in the market are Northrop Grumman Corporation, Kuka AG, Honda Motor Co., Ltd, SoftBank Corp., Irobot, DJI, Lockheed Martin Corporation, Kongsberg Maritime, Bluefin Robotics Corporation (General Dynamics Mission Systems, Inc.), Samsung Electronics, Parrot Drones SAS., 3DR, GeckoSystems Intl. Corp., LG Electronics, Amazon Robotics, Mayfield Robotics, Promobot, BLUE FROG ROBOTICS & BUDDY, Lego, ECA GROUP and others.
Currently, the market for mobile robots is still at a very young stage and therefore the manufacturers are experimenting on a large-scale regarding the features and characteristics of their products. Many of these manufacturers are investing heavily in research & development to introduce special features in their products. This essentially means providing these robots with specialized software and integrating them with the company’s IT system so as to better monitor their operations.
Global Mobile Robots Market – Industry Trends and Forecast to 2026