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According to a new report Global Autonomous Mobile Robots Market, published by KBV research, The Global Autonomous Mobile Robots Market size is expected to reach $145.5 billion by 2026, rising at a market growth of 24.6% CAGR during the forecast period. With the advancement in technology of robotics and amplified flexibility in the application of robotics, nowadays robots also cover huge applications in the healthcare industry. Robots have proved to be helpful in hospitals, pharmaceutical companies, clinics, and medical device manufacturers. The mobile robotics applications in the healthcare industry include specimen delivery, drug transportation, pick & place, and patient care.
The service category seized the largest share based on offer, in the autonomous mobile robot market in the year 2019. The service category includes the revenue made from the sale of aftermarket components, deployment of these robots, and also consulting services.
In terms of the robotic system, the unmanned maritime vehicle (UMV) category is expected to show the fastest growth in the market of the autonomous mobile robot market in the coming years. This can be accredited to the rising adoption of UMV for commercial application, and defense. Also, innovations in acoustic sensor technology have headed to an increase in efficacy for underwater navigation and mapping.
On the basis of end-user, the logistics end-user category has the largest revenue to the autonomous mobile robot market in the year 2019. This is attributed to the huge adoption of these robots especially for transporting goods within storage facilities and warehouse, enabling real-time inventory management. This leads to in reduction in the inclusive cost of logistics and streamlining the supply chain.
At present, North America led the mobile robotics market due to technological advancements. The development of the automotive, e-commerce, food & beverage, and pharmaceutical industries mainly drives the growth of the mobile robotics industry in this region. Though, in Asia-Pacific, China presently dominates the market. China has increasingly started competing with the U.S. in mobile robotics technological innovations. Europe has subsidized numerous programs that are generally intricate in mobile robotic technology precisely designed for military use.
Structural Insights: https://www.kbvresearch.com/autonomous-mobile-robots-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of BAE Systems PLC, Honeywell International, Inc., L3Harris Technologies, Inc., Omron Corporation, Thales Group S.A., Midea Group Co., Ltd., The Boeing Company (Boeing Aircraft Holding Company), Singapore Technologies Engineering Ltd. (Temasek Holdings Private Limited), QinetiQ Group PLC (The Carlyle Group) and Teradyne, Inc. (Mobile Industrial Robots A/S).
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