The North America Mobile Robotics Market would witness market growth of 22.6% CAGR during the forecast period (2024-2031).
The US market dominated the North America Mobile Robotics Market by Country in 2023 and would continue to be a dominant market till 2031; thereby, achieving a market value of $24,738.1 million by 2031. The Canada market is experiencing a CAGR of 25.3% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 24.3% during (2024 - 2031).
Mobile robotics finds applications across a wide range of industries and sectors, each leveraging the capabilities of robots to streamline operations, improve efficiency, and enhance productivity. For example, mobile robots are extensively used in manufacturing and industrial settings for material handling, assembly, and quality control tasks. These robots operate autonomously or collaboratively with human workers to optimize production processes, increase throughput, and reduce labour costs.
Mobile robots play a crucial role in logistics and warehousing operations, where they are deployed to automate tasks such as order picking, packing, and inventory management. Automated guided vehicles (AGVs) and autonomous mobile robots (AMRs) navigate warehouse aisles, retrieve items from storage shelves, and transport goods to designated locations. These robots help warehouses and distribution centers optimize space utilization, reduce order fulfilment times, and improve inventory accuracy.
Warehouses in North America are leading the way in adopting hybrid automation solutions that harmoniously blend human labour with robotic assistance. Collaborative robots (cobots) are not replacing human workers, but rather, they are working alongside them, enhancing their capabilities and optimizing operational efficiency. As online consumers increase, e-commerce retail sales in Canada continue to rise. The value of e-commerce transactions reached an estimated $2.34 billion in March 2022. Therefore, the increasing e-commerce sector in the region is driving the market’s growth.
Free Valuable Insights: The Mobile Robotics Market is Predict to reach USD 104.7 Billion by 2031, at a CAGR of 23.5%
Based on Component, the market is segmented into Hardware (Sensor, Control System, Power Supply, Actuator, and Others), Software, and Support & Service. Based on Product, the market is segmented into Unmanned Aerial Vehicle (UAV), Unmanned Ground Vehicle (UGV), and Autonomous Underwater Vehicle (AUV). Based on Application, the market is segmented into Logistics & Warehousing, Education & Entertainment, Domestic (Floor Cleaning Robots, Lawn Cleaning Robots, Pool Cleaning Robots, Window Cleaning Robots, and Others), Military & Defense, Agriculture & Forestry, Healthcare, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
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