On the basis of regional analysis, the market is segmented into North America, Europe, Asia-Pacific and Rest of the World. North America region is generating highest market share in robotics process automation market owing to higher technology implementation. North America region is leading due to presence of major players from the region in the robotics process automation market. The implementation of mobile controlled robots by both small and medium enterprises is increasing rapidly. In US region, the implementation of mobile controlled robots in defense sector accounts for highest market share. Due to its capabilities to improve efficiency and reduce operational cost is driving the market in the region. Mexico region also witnessed large utilization of mobile controlled robots in manufacturing industry.
Mobile Controlled Robots Market is expected to grow at approximately USD 8 Billion by 2023, at 15% of CAGR between 2017 and 2023.
Mobile Controlled Robots Market Players:
- iRobot Corporation (U.S.)
- KUKA AG (Germany)
- Lockheed Martin (U.S.)
- Google, Inc. (U.S.)
- Bluefin Robotics Corporation (U.S.)
- Adept Technology, Inc. (U.S.)
- GeckoSystems Intl. Corp. (U.S.)
- Northrop Grumman Corporation (U.S.)
- ECA Group (France)
- Honda Motor Co., Ltd. (Japan)
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Mobile Controlled Robots Market Segmentation
By end-user segment the core banking solutions market consists of deposits, loans, enterprise customer solution, account processing platforms and others. In North America there is a large usage of account processing platforms solution in banks owing to large bank and finance sector. It has high demand in defense sector due to its small size and can be used for spying.
Market Research Analysis:
By regional analysis, the market consists of North America, Europe, Asia-Pacific and Rest of the World. North America region is dominating the mobile controlled robots market. Asia-Pacific is few of the prominent players in the market owing to increase utilization of mobile controlled robots in healthcare & pharmaceuticals, retail, BFSI, IT & telecommunication industry among others. The mobile controlled robots witnessed its implementation in manufacturing industry. The region witnessed high growth in the market due to emerging economies from countries such as China and India that offers outsourcing services, that is boosting the market in the region. Increased operational efficiency and low cost, reduction in overall employee strength , leveraging BFSI sector and other benefits associated with it is driving the market in the region. Europe region is expected to be one of the prominent players owing to presence of mobile controlled robots technology in rich manufacturing and logistics sector. Also economies from countries such as Germany, Russia, Spain and Denmark is having high adoption of RFA technology in various industrial sector. The study indicates, Europe region is expected to witness high market growth due to high adoption of RPA technology in healthcare and manufacturing sector.
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