Press Release

Mobile Robots Market is expected to grow at a CAGR of 22.04% thorugh 2029

Global Mobile Robots Market is expected to grow owing to increasing costs associated with labor, coupled with shortages in certain industries throughout the forecast period


According to TechSci Research report, “Mobile Robots Market - Global Industry Size, Share, Trends, Opportunity, and Forecast 2019-2029”, the Global Mobile Robots Market is expected to register robust growth during the forecast period. The widespread adoption of Industry 4.0 principles, focusing on the integration of smart technologies and automation in manufacturing, has been a significant driver for the mobile robots market. Mobile robots play a crucial role in automating material handling, assembly, and other processes, contributing to the transformation of traditional manufacturing environments into smart and connected facilities.

The booming e-commerce industry continues to create opportunities for mobile robots, especially in logistics and warehouse optimization. With the demand for faster order fulfillment and efficient supply chain management, mobile robots play a crucial role in automating material handling, sorting, and packaging processes. As e-commerce continues to grow globally, the demand for mobile robots in this sector is expected to soar.

 

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Based on application, the Logistics & Warehousing segment is projected to dominate the market throughout the forecast period. Warehouses are increasingly adopting automation solutions to enhance efficiency and reduce operational costs. Mobile robots, such as autonomous guided vehicles (AGVs) and collaborative robots (cobots), play a crucial role in automating material handling, transportation, and repetitive tasks. The goal is to create smart and interconnected warehouses that can adapt to changing demand patterns and improve overall productivity. Last-mile delivery remains a critical aspect of the logistics chain. Mobile robots, including autonomous delivery robots and drones, are being explored to address the challenges of last-mile logistics. These robots can navigate through urban environments, delivering packages directly to consumers, reducing delivery times, and improving the overall customer experience. Mobile robots in logistics and warehousing leverage AI-powered vision systems for navigation and obstacle avoidance. These systems use cameras and sensors to recognize the environment, detect obstacles, and plan optimal routes. Advanced machine learning algorithms enable robots to adapt to dynamic environments, avoiding collisions and optimizing their paths for efficient material handling. The Logistics and Warehousing segment of the Global Mobile Robots Market is poised for continued growth as technological advancements, such as AI, robotics, and connectivity solutions, further mature. As the demand for faster order fulfillment and efficient supply chain management continues to rise, mobile robots will play an increasingly vital role in shaping the future of logistics and warehousing operations worldwide.

 

Key market players in the Global Mobile Robots Market are:-

  • Teradyne, Inc.
  • Zebra Technologies Corp.
  • 6 River Systems, LLC.
  • Aethon Inc.
  • KION Group AG
  • Scott Technology Ltd
  • Murata Machinery, Ltd.
  • Toyota Material Handling, Inc.
  • John Bean Technologies (JBT) Corporation
  • Omron Corporation

 

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“The Global Mobile Robots Market in Europe is poised to be the dominant region in the industry. Europe exhibits a broad spectrum of industry adoption for mobile robots. Industries such as manufacturing, automotive, logistics, healthcare, and agriculture are actively integrating mobile robots into their operations. The diversity of applications highlights the versatility of mobile robotic solutions in addressing the unique challenges faced by different sectors.” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based global management consulting firm.

“Mobile Robots Market - Global Industry Size, Share, Trends, Opportunity, and Forecast Segmented By Type (Aerial Vehicles, Unmanned Ground Vehicles and Autonomous Underwater Vehicles), By Application (Defense, Logistics & Warehousing, Medical & Healthcare, Domestic, Entertainment and Others), By Region, and By Competition 2019-2029 has evaluated the future growth potential of Global Mobile Robots Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Mobile Robots Market.

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Mobile Robots Market - Global Industry Size, Share, Trends, Opportunity, and Forecast Segmented By Type (Aerial Vehicles, Unmanned Ground Vehicles and Autonomous Underwater Vehicles), By Application (Defense, Logistics & Warehousing, Medical & Healthcare, Domestic, Entertainment and Others), By Region, and By Competition 2019-2029F

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Advances in sensor technologies, artificial intelligence (AI), and machine learning contribute significantly to the capabilities of mobile robots is one of the factors driving the Global Mobile Robots Market in the forecast period 2025-2029

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