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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Professional Service Mobile Robots Market Outlook
The global professional service mobile robots market is expected to grow by 12% during the forecast period of 2024-2032. The industry in the Asia Pacific is projected to grow at a CAGR of nearly 20.6% during the forecast period as a result of the high efficiency and increased workforce safety in emerging countries like China and India.
| Global Professional Service Mobile Robots Market Report Summary | Description | Value |
| Base Year | USD Million | 2023 |
| Historical Period | USD Million | 2018-2023 |
| Forecast Period | USD Million | 2024-2032 |
| Market Size 2023 | USD Million | XX |
| Market Size 2032 | USD Million | XX |
| CAGR 2018-2023 | Percentage | XX% |
| CAGR 2024-2032 | Percentage | 12.0% |
| CAGR 2024-2032 - Market by Region | Asia Pacific | 20.6% |
| CAGR 2024-2032 - Market by Country | China | 19.7% |
| CAGR 2024-2032 - Market by Country | Brazil | 17.8% |
| CAGR 2024-2032 - Market by Type | Services | 13.6% |
| CAGR 2024-2032 - Market by End Use | Logistics and Warehousing | 14.1% |
| Market Share by Country 2023 | Australia | 2.3% |
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Market Segmentation
Professional service mobile robots are the autonomous guided vehicle. They are used in moving materials from one point to another point.
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The two types of the product are:
- Solutions
- Services
| CAGR 2024-2032 - Market by | Type |
| Services | 13.6% |
| Solutions | XX% |
The industry can be broadly categorised on the basis of its end-use into:
- Logistics and Warehousing
- Agriculture
- Mining
- Medical and Healthcare
- Tourism and Hospitality
- Others
| CAGR 2024-2032 - Market by | End Use |
| Logistics and Warehousing | 14.1% |
| Agriculture | 13.2% |
| Mining | 11.5% |
| Medical and Healthcare | XX% |
| Tourism | XX% |
| Others | XX% |
| CAGR 2024-2032 - Market by | Country |
| China | 19.7% |
| Brazil | 17.8% |
| USA | 11.2% |
| UK | 10.8% |
| France | 10.5% |
| Canada | XX% |
| Germany | XX% |
| Italy | XX% |
| Japan | XX% |
| India | 2.2% |
| Australia | XX% |
| Saudi Arabia | XX% |
| Mexico | XX% |
The EMR report looks into the regional markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
| CAGR 2024-2032 - Market by | Region |
| Asia Pacific | 20.6% |
| Latin America | 15.2% |
| North America | XX% |
| Europe | XX% |
| Middle East and Africa | XX% |
Market Analysis
The global market for professional service mobile robots is being driven by the increasing focus of vendors on technological advancements and R&D investments. The industry is further aided by the introduction of AI (artificial intelligence) in mobile robots.
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The logistics and warehousing segment held a significant industry share in 2018 due to increased production efficiency. The markets in Europe, Asia Pacific, North America, Middle East and Africa, and Latin America are highly fragmented due to the presence of various international, regional, and local key vendors. The Asia Pacific is emerging as a significant market owing to factors such as the increasing investments in logistics and warehousing segment, along with the rising population in the region. However, the high cost, availability of substitutes, and high capital spending are factors expected to affect the growth of the industry.
| Market Share by | Country |
| Australia | 2.3% |
| USA | XX% |
| Canada | XX% |
Competitive Landscape
The report presents a detailed analysis of the following key players in the global market for professional service mobile robots, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Clearpath Robotics, Inc.
- Midea Group Co. Ltd. (SHE: 000333)
- OMRON Corporation (TYO: 6645)
- Savioke Inc.
- Singapore Technologies Engineering Ltd. (SGX: S63)
- Teradyne Inc. (NASDAQ: TER)
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s five forces.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment
|
| Breakup by Type |
|
| Breakup by End Use |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
Professional Service Mobile Robots Market Report Snapshots
Professional Service Mobile Robots Market Size
*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
The global professional service mobile robots market is projected to grow at a CAGR of 12% between 2024 and 2032.
The major drivers of the industry, such as the rising overall population and the increasing focus of vendors on technological advancements and R&D investments, are expected to aid the market growth.
The key market trend guiding the industry growth includes the rising demand from the emerging economies.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Solutions and services are the leading types of the product in the industry.
Logistics and warehousing, agriculture, mining, medical and healthcare, hospitality, and tourism, among others, are the significant end-uses of professional service mobile robots.
The major players in the industry are Clearpath Robotics, Inc., Midea Group Co. Ltd., Omron Corporation, Savioke Inc., Singapore Technologies Engineering Ltd., and Teradyne Inc., among others.
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