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Report Overview
The global mobile robotics market value reached USD 18.7 billion in 2023. The mobile robotics market is further expected to grow in the forecast period of 2024-2032 at a CAGR of almost 17.4% to reach USD 79.1 billion by 2032.
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Mobile Robotics Market Analysis
The growing implementation of mobile robotics by the end-user industries like agriculture, medical as well and defence sectors has pushed mobile robotics market growth. Mobile robotics are an ideal platform that allows employees to focus on higher-value activities, helping improve operational efficiency overall. The marketing of the automated car concept because of technological advancements in robotics is anticipated to drive the demand of the mobile robotics market.
Mobile Robotics Market Report Snapshots
Mobile Robotics Market Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global mobile robotics market attained a value of nearly USD 18.7 billion in 2023.
The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach about USD 79.1 billion by 2032.
The major drivers aiding in the market development include the rising adoption of robotics in various end-use industries, growing investments in the defence and military sector, the increasing focus to improve operational efficiency, and the rising product demand from the developing regions.
The key trends guiding the growth of the market include growing technological advancements and the shift towards automation.
The market is broken down into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
Based on the operating environment, the market is divided into aerial, ground and marine.
Based on the components, the market is divided into software and hardware.
Unmanned ground vehicle, unmanned aerial vehicle, and autonomous underwater vehicle are the major types of the product in the market.
The various end-uses of mobile robotics are logistics and warehousing, military and defence, healthcare, domestic, entertainment, education, and agriculture and forestry, among others.
The market's key players are KUKA AG, Northrop Grumman Corporation, iRobot Corporation, General Dynamics Mission Systems (Bluefin Robotics), SoftBank Corp., and SZ DJI Technology Co., Ltd., among others.
The market is expected to grow at a CAGR of 17.4% between 2024 and 2032.
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