Global Autonomous Robot Market, By Product (Unmanned Ground Vehicle, Unmanned Aerial Vehicle, Unmanned Marine Vehicle), Mode of Operations (Human Operated, Autonomous), End-User (Industrial & Manufacturing, Aerospace & Defense, Oil & Gas, Logistics & Warehouse, Medical & Healthcare, Mining & Minerals, Forest & Agriculture, Power & Energy), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The autonomous robot market is expected to witness market growth at a rate of 19.2% in the forecast period of 2021 to 2028 and is expected to reach USD 8,101.00 million by 2028. Data Bridge Market Research report on autonomous robot market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The large acceptance of robotics across the globe is escalating the growth of autonomous robot market.
Autonomous robots refer to robots specifically designed to counter their external environment on their own without any human supervision. These robots are capable of making decisions on their own like humans. They make use of different sensors in order to solve any problems without any human support. They are highly being deployed in various industries such as mining and minerals, oil and gas, medical and healthcare among others as they improve safety and productivity.
The transformation from single-purpose machines into multi-purpose machines and their utilization in industrial applications such as customer service and engagement, packaging and assembling of parts and logistics process among others acts as one of the major factors driving the growth of autonomous robot market. The increase in demand in demand for these robots for automation of manufacturing process from start to finish, improvising supply chain efficiencies and automation of quality control and testing process among others accelerate the autonomous robot market growth. The rise integration of the artificial intelligence in the field of robotics and the ability of these robots to execute the tasks with better precision further influences the autonomous robot market. Additionally, increasing number of research and development, rising cost of manufacturing and rise in investment positively affect the autonomous robot market. Furthermore, increase in deployment of industry 4.0 extends profitable opportunities to the autonomous robot market players in the forecast period of 2021 to 2028.
On the other hand, high investment cost and complications related to technical accuracy and communication protocols in autonomous robots are the factors expected to obstruct the autonomous robot market growth. The rise in the concerns regarding risk of human safety while interacting with robot and increment in unemployment ratio due to the adoption of robots are projected to challenge the autonomous robot market in the forecast period of 2021-2028.
This autonomous robot market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on autonomous robot market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Autonomous Robot Market Scope and Market Size
The autonomous robot market is segmented on the basis of product, mode of operations and end-user. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product, the autonomous robot market is segmented into unmanned ground vehicle, unmanned aerial vehicle and unmanned marine vehicle.
- On the basis of mode of operations, the autonomous robot market is segmented into human operated and autonomous.
- On the basis of end-user, the autonomous robot market is segmented into industrial & manufacturing, aerospace & defense, oil & gas, logistics & warehouse, medical & healthcare, mining & minerals, forest & agriculture and power & energy.
Global Autonomous Robot Market Country Level Analysis
The autonomous robot market is analyzed and market size, volume information is provided by country, product, mode of operations and end-user as referenced above.
The countries covered in the global autonomous robot market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the autonomous robot market because of the continuous technological advancements and rise in demand from the logistics industry in the region. Asia-Pacific is expected to witness the highest CAGR during the forecast period of 2021 to 2028 because of the increase in industrialization in countries such as China and India.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Autonomous Robot Market Share Analysis
The autonomous robot market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to autonomous robot market.
The major players covered in the autonomous robot market report are Vecna Robotics, Swisslog Holding Ltd., Savioke, Inc., Omron Corporation, Mobile Industrial Robots A/S, Locus Robotics, Hi-Tech Robotic Systemz, Fetch Robotics, Inc., Clearpath Robotics Inc., Cimcorp, AVIC.ALL, Aethon, BD, AtriCure, Inc., Biosensors International Group, Ltd. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Autonomous Robot Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.