Mobile Robotics Market Is Expected To Grow Rapidly Owing To Increased Demand In Agricultural, Medical & Defense Sectors Till 2020: Grand View Research, Inc.

“Grand View Research, Inc. – Market Research And Consulting.” has announced the addition of “Global Mobile Robotics Market Analysis And Segment Forecasts To 2020” Market Research report to their Database

The mobile robotics market was about USD 5.9 billion in 2012. Research suggests that its demand will rise owing to adoption of mobile robotics in military and defense sectors. Apart from the military sector, mobile robots are used for agricultural and medical purposes. Imminent commercialization of automated cars is estimated to aid demand.

Mobile robots help humans execute repetitive tasks, leaving them focused on more demanding, high-value work. Technological advancements have introduced robots that can defuse roadside bombs. This is one of the important means of fighting terrorist attacks. The market would benefit from investments by Canada, Germany, and U.S. Favorable regulatory environments also positively impact the market.

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Unmet needs in the emerging Latin America and Asia Pacific should propel demand for the mobile robotics market. However, scarcity of human resources to conduct quality research may stall growth. The market is categorized according to products, applications, and regions. Products include unmanned ground vehicles (UGVs), unmanned aerial vehicles (UAVs), autonomous underwater vehicles (AUVs), and unmanned surface vehicles (USVs).

UGVs can lead the market (from 2014 till 2020) on account of their prospects across military and defense sectors. Their growth would be attributed to demand for surveying, mapping, security, photography, and wildlife research & survey. USVs will benefit from global positioning & wireless data systems.

Application segments of the mobile robotics market are industrial and service. Industrial is sub-segmented into painting & depainting, warehousing & distribution, and coating & dispensing. Warehousing & distribution dominates industrial applications and should do the same in the years ahead.

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Service is further classified into professional and personal. While professional applications are the dominating sub-segment, personal is predicted to expand due to adoption in medical drug delivery, home management (lawn mowers, vacuum cleaners), etc.

Regions comprise North America, Asia Pacific, Europe, and Rest of the World (RoW). Asia Pacific dominated the market in 2013. High demand for UAVs in China, Japan, India, etc. could fuel this region. U.S. would lead the market in terms of investments for UAVs.

Notable players in the global mobile robotics market consist of iRobot Corporation, Adept Technology Inc., John Deere, and Northrop Grumman. They witness mergers & acquisitions and focus on mobile-based applications for unmanned vehicles.

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About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.


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