Global Mobile Robotics Market Estimated to Grow at a CAGR of 15.60% to Reach US $30.96 Billion in 2025
Mobile robots are automated machines that are mobile. These robots are capable of moving around without following a fixed path as compared to traditional robots. The rising concern over workspace efficiency is one of the major drivers for the mobile robotics market. In addition, the mobile robotics is also being adopted in defense industry. The mobile robots are extensively used in defense applications such as surveillance, security and inspection. In 2015, the Department of Homeland Security, U.S. announced a USD 4 trillion budget proposal for fiscal year 2016.
Albany, NY -- (SBWire) -- 06/26/2017 --The growing issues regarding the workspace efficiency is one of the enormous key drivers in the mobile robotics market. Looking into this potential, a new study has been added to the vast online repository of Market Research Reports Search Engine (MRRSE), with the title ''Mobile Robotics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025''. The report strives to offer the perfect analysis of the most beneficial factors such as players, drivers as well as estimating a positive forecast till 2025.
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According to this report, the mobile robotics market is expected to witness a substantial rise at a CAGR of 15.60% between 2017 and 2025. At this pace, the market might reach a valuation of US$30.96 Billion by the end of 2025.
Today, mobile robotics is extensively being utilized in the defense sector for applications that include inspection, surveillance, and security. The report begins with the clear executive summary, alongside the market overview and introduction. In this section, the market dynamics and market drivers are also highlighted. It includes factors such as, the higher demand for factory automation, the global rise in defense applications investment, the addition of mobile robots in e-commerce logistics and increasing adoption of mobile robots in China. Similarly, the market restraints are also evaluated which are huge initial investment amounts and market opportunities. Based on the types, the market is split into unmanned ground vehicles, unmanned aerial vehicles, unmanned surface vehicles and autonomous underwater vehicle. While in terms of application, the report is divided into industrial and service.
Another important part of this report analyzes the large regional grasp of this market through the regions such as North America -U.S., Canada, Mexico; Europe - U.K., Germany, France, Italy and Rest of Europe; the Asia Pacific with India, China, Japan, Korea and the Rest of Asia Pacific; the Middle East and Africa with the UAE, Saudi Arabia, South Africa and the Rest of MEA; and finally Latin America with Brazil and the Rest of Latin America. Within the study, there are pivotal data such as the government of China has created fresh initiatives in order to offer advanced mobile robots for many factories.
Browse Full Report with TOC: http://www.mrrse.com/mobile-robotics-market
Additionally, the study evaluates some of the most famous players in this sector which are iRobot Corporation, Barrett Technology, Swisslog, John Deere, FANUC Corporation, KUKA AG, Honda Motor Co. Ltd., Boeing Co., Seegrid Corporation, Google Inc., Northrop Grumman Corporation, Lowe's Company Inc. Amazon, Fetch Robotics Inc. and Bossa Nova Robotics.
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