The study methodologies used to examine the Mobile Robot market for the forecast period, 2020 - 2027 further classifies the industry by type, geography, end-use and end-user to add more precision and bring to light factors responsible for augmenting business development.

Vancouver, BC -- (SBWire) -- 03/01/2021 --The global Mobile Robot Market will be worth USD 117.89 Billion by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to the increasing adoption of mobile robots in the manufacturing plants. Adopting intelligent technologies such as artificial intelligence, deep learning, and mobile robotics drives the growth of the mobile robot market over the forecast period. The growing need for automation and self-optimization of the machinery in the factories to obtain increased productivity and enhanced operational efficiency is anticipated to fuel the development of the market. The manufacturing plants are increasingly adopting autonomous mobile robots in the manufacturing plants to ensure worker safety, reduce human resources and operational & manufacturing costs, and eliminate human errors. Technological advancements in the sensors and cameras have resulted in the flexibility and agility of mobile robots and increased their usage for operations.

A conscious effort is made by the subject matter experts to analyse how some business owners succeed in maintaining a competitive edge while the others fail to do so makes the research interesting. A quick review of the realistic competitors makes the overall study a lot more interesting. Opportunities that are helping product owners' size up their business further add value to the overall study.

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The research provides answers to the following key questions:
What is the estimated market size and growth rate of the Mobile Robot market for the forecast period, 2020 - 2027?
What are prominent factors driving the progress of the Mobile Robot industry across different regions?
Who are major vendors dominating the Mobile Robot market and what have been their winning strategies to stay competitive?
Which market trends are expected to influence the development of the Mobile Robot industry worldwide?
What are challenges that are expected to act as a roadblock for Mobile Robot industry for the period, 2020 - 2027?
What are the opportunities working in favor of the Mobile Robot industry?

This report on the global Mobile Robot Market equips the reader with all essential tools to decipher their standing in the industry based on the growth of revenue or sales. It provides a comprehensive evaluation of the global Mobile Robot market from various perspectives to deliver a detailed, informative, and precise analysis of regional growth, competition, and market segmentation, among other factors. Moreover, it also gives an accurate account of the significant breakthroughs and developments that influence the global Mobile Robot market. It also focuses on both the global as well as the regional expansion of the Mobile Robot industry to give an overall analysis.

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Key Highlights From The Report
In October 2019, Northrop Grumman and Carnegie Mellon University (CMU) have formally signed a master research agreement (MRA), which will help foster innovation between the two organizations.
The Unmanned Ground Vehicles segment held the largest market share of 40.2% in 2019. Increasing applications of the Unmanned Ground Vehicles in military and defense fields is expected to drive the segment's growth.
The domestic segment is forecasted to grow with the fastest CAGR of 24.8% over the forecast period. Implementation of Artificial Intelligence and the Internet of Things (IoT) has technologically advanced mobile robots and increased their usage for domestic purposes.
The Asia Pacific region is expected to be the fastest-growing region over the forecast period. The high penetration rate of e-commerce channels in the region is a key contributing factor to the growing demand for autonomous mobile robots in the e-commerce and logistics companies to meet the higher customer demand and labor shortages.
Key participants include Northrop Grumman, Kuka, iRobot, Honda Motor, Softbank Group, Kongsberg Maritime, DJI, Bluefin Robotics Corporation, Samsung Electronics, and Lockheed Martin, among others.

Product Outlook (Revenue, USD Billion; 2017-2027)
Unmanned Aerial Vehicles (UAVs)
Unmanned Ground Vehicles (UGVs)
Unmanned Surface Vehicles (USVs)
Autonomous Underwater Vehicles (AUVs)

Application Outlook (Revenue, USD Billion; 2017-2027)
Warehouse & Logistics
Defense & Security
Energy & Power
Mining and Minerals
Automotive
Entertainment, Education and Personnel
Domestic
Others

Regional Outlook (Revenue, USD Billion; 2017-2027)
North America
Europe
Asia Pacific
Latin America
MEA

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Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Mobile Robot Market Segmentation & Impact Analysis
Chapter 5. Mobile Robot Market By Product Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
Chapter 6. Mobile Robot Market By Surgery Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
Chapter 7. Mobile Robot Market By End User Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
Chapter 8. Mobile Robot Market Regional Outlook
Continued…