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2024

Mobile Robotics Market

Mobile Robotics Market Size, Share, Competitive Landscape and Trend Analysis Report by Application, by Product, by Component : Global Opportunity Analysis and Industry Forecast, 2023-2032

SE : Emerging and Next Generation Technologies

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Author's: Tanuj Virendra Barai | Sonia Mutreja
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Mobile Robotics Market Research, 2032

The Global Mobile Robotics Market was valued at $16.5 billion in 2022, and is projected to reach $130.9 billion by 2032, growing at a CAGR of 23.1% from 2023 to 2032.

The mobile robotics industry is anticipated for positive growth, driven by a rising demand for automation in diverse industries. Integration of advanced technologies like AI, machine learning, sensors, and computer vision enhances the capabilities of mobile robots, making them crucial for innovation, which ultimately raises the research and development level for mobile robotics companies. The demand for automation, focused on optimizing efficiency and cutting costs, presents a significant opportunity. Industries such as logistics, healthcare, and manufacturing drive market expansion, with specialized solutions meeting unique needs of the end users. In logistics, automated guided vehicles and autonomous mobile robots witness a substantial growth, addressing tasks like material handling and order fulfillment. The healthcare sector contributes notably, utilizing mobile robots for telepresence, patient assistance, and precision surgeries, addressing the needs of an aging population.

Mobile Robotics Market

Mobile robotics involves designing, building, operating, and employing robots capable of autonomous or semi-autonomous movement in diverse environments. Equipped with mobility features, these robots navigate and execute tasks in dynamic surroundings. Mobile robotics integrates mechanical and electrical engineering, computer science, and artificial intelligence to craft machines capable of self-directed movement and decision-making.

These robots commonly employ sensors, actuators, and advanced algorithms to perceive their surroundings, make decisions, and adapt to changing conditions. Applications of mobile robotics are widespread, spanning industries such as logistics, manufacturing, healthcare, agriculture, and defense. They are pivotal in automating tasks, enhancing efficiency, and addressing challenges in intricate and changing environments, contributing to technological advancements and reshaping operational paradigms across mobile robotics industry.

Key Takeaways of Mobile Robotics Market Report

  • On the basis of application, the logistics and warehousing segment dominated the mobile robotics market size in terms of revenue in 2022 and is anticipated to grow at the fastest CAGR during the forecast period.
  • On the basis of product, the unmanned aerial vehicle (UAV) segment dominated the mobile robotics market size in terms of revenue in 2022. However, the autonomous underwater vehicle (AUV) segment is anticipated to grow at the fastest CAGR during the forecast period.
  • On the basis of component, the hardware segment dominated the mobile robotics market size in terms of revenue in 2022. However, the support and service segment is anticipated to grow at the fastest CAGR during the forecast period
  • Region-wise, North America generated the largest revenue in 2022. However, Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period.

Segment Overview

The mobile robotics market is segmented into application, product and component.

Mobile Robotics Market by Application

On the basis of application, the market is divided into logistics and warehousing, military and defense, healthcare, domestic, entertainment, education, agriculture and forestry, and others. In 2022, the logistics and warehousing segment dominated the market, and the domestic segment is expected to acquire a major market share by 2032 owing to increase in use of floor cleaning robots for retail and residential end users.

Mobile Robotics Market by Product

On the basis of product, the market is categorized into unmanned ground vehicle (UGV), unmanned aerial vehicle (UAV), and autonomous underwater vehicle (AUV). In 2022, the unmanned aerial vehicle (UAV) segment dominated the market, and it is expected to acquire a major market share by 2032 due to increase in investment of government and private companies on public transports, healthcare support, and other vital sectors.

Mobile Robotics Market by Component

On the basis of component, the market is divided into hardware, software, and support and service. In 2022, the hardware segment dominated the market, and the support and service segment is expected to acquire a major market share by 2032 owing to increase in sales of mobile robotics for various sectors.

Mobile Robotics Market by Region

On the basis of region, the mobile robotics market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, UK, France, Spain, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), Latin America (Brazil, Argentina, and Rest of Latin America), and Middle East and Africa (Saudi Arabia, Africa, and Rest of Middle East And Africa).

Competitive Analysis

Competitive analysis and profiles of the major global Mobile robotics market players that have been provided in the report include Kuka AG., Honda Motor Co., Ltd., Northrop Grumman Corporation, iRobot Corporation, Lockheed Martin Corporation, SoftBank Robotics Holdings, Amazon Robotics, Kongsberg Maritime AS, UBTECH Robotics, Inc., and Boston Dynamics. The key strategy adopted by the major players of the mobile robotics market share by company are acquisition and partnership.

Country Analysis

Country-wise, Canada acquired a prime share in the mobile robotics market in the North America region and is expected to grow at a significant CAGR during the forecast period.

In Europe, Germany dominated the mobile robotics market share, in terms of revenue in 2022 and is expected to follow the same trend during the forecast period. Germany is expected to emerge as the fastest-growing country in the Europe mobile robotics market with a CAGR of 23.8% during the forecast period.

In Asia-Pacific, China is expected to emerge as significant market for the mobile robotics market industry, owing to nation's rapid industrialization, substantial investments in automation technologies, and a growing emphasis on enhancing manufacturing efficiency and innovation.

In Latin America, Brazil is expected to emerge as significant market for the mobile robotics market, owing to increase in demand for automation across various sectors, propelling the adoption of mobile robotic solutions to enhance operational efficiency and productivity.

In the Middle East and Africa region, Rest of Middle East and Africa garnered significant mobile robotics market size by country in 2022. The LAMEA mobile robotics market growth is attributed to increased investments in the region for mobile robotics market.

Market Dynamics

Increase in need for safety for human life

The surge in the need for human safety propels the adoption of mobile robotics, particularly Autonomous Mobile Robots (AMRs), enhancing safety measures across various industries. The integration of AMR robots ensures a safer working environment by automating tasks that pose risks to human life. Robot mobility, facilitated by advanced navigation systems and sensors, allows these robots to navigate complex environments with precision, reducing the likelihood of accidents. Industries prioritize the deployment of mobile robots in hazardous conditions, improving overall workplace safety. This increasing focus on safety underscores the pivotal role played by AMR robot in safeguarding human lives and preventing potential risks in diverse operational scenarios.

High initial acquisition costs

The adoption of mobile robotics faces a challenge due to high initial acquisition costs. These costs includes not only the purchase of the robots themselves but also the associated infrastructure and integration expenses. Companies investing in robot mobility, including automated mobile robots (AMRs), encounter substantial upfront financial commitments. While the long-term benefits, such as increased efficiency and productivity, are evident, organizations may hesitate to embrace mobile robotics due to these initial financial barriers. As technology evolves and market competition intensifies, it is anticipated that these acquisition costs may gradually decrease, making mobile robotics more accessible to a broader range of industries and applications.

Surge in adoption of mobile robotics in agriculture

The agricultural sector is experiencing a notable surge in the adoption of mobile robotics, particularly in Robot Mobility applications. Farmers are increasingly integrating autonomous and semi-autonomous robots to streamline various tasks, such as precision farming, crop monitoring, and harvesting. These robots offer advantages like increased efficiency, reduced labor costs, and optimized resource utilization. Robot Mobility in agriculture includes the deployment of drones and ground-based robots equipped with advanced sensors and AI for real-time data collection and decision-making. This trend reflects a shift towards precision agriculture, where technology-driven solutions enhance farming practices, contribute to sustainable practices, and address challenges like labor shortages in the agricultural workforce.

Recent Developments in Mobile Robotics Industry

  • In January 2022, Aptiv announced its acquisition of Wind River company for $4.3 billion. Aptiv company said the acquisition allows it to execute against the large software-defined mobility opportunity and expand into multiple industries. Aptiv mentioned that it will combine Wind River Studio, a cloud-native intelligent systems software platform, with its SVA platform and automotive expertise.
  • In March 2022, Sarcos Technology and Robotics Corporation announced the acquisition of RE2 Robotics, a Pittsburgh-based developer of autonomous and teleoperated mobile robotic systems, for $100 million. The deal consists of $30 million in cash and $70 million of Sarcos common stock. Both companies have had long-term success with military and defense customers.
  • In December 2023, XtalPi and ABB Robotics announced a strategic partnership to produce automated laboratory workstations in China. The companies said that ABB’s GoFa collaborative robots and XtalPi’s software will boost research and development productivity in biopharmaceuticals, chemical engineering and chemistry, and new-energy materials.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the mobile robotics market report, current trends, estimations, and dynamics of the mobile robotics market analysis from 2022 to 2032 to identify the prevailing mobile robotics market opportunity.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the mobile robotics market segmentation assists to determine the prevailing mobile robotics growth projections.
  • Major countries in each region are mapped according to their revenue contribution to the global mobile robotics market overview.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as mobile robotics market trends, key players, market segments, application areas, and market growth strategies.

Mobile Robotics Market Report Highlights

Aspects Details
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Market Size By 2032

USD 130.9 billion

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Growth Rate

CAGR of 23.1%

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Forecast period

2022 - 2032

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Report Pages

320

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By Application
  • Others
  • Logistics and Warehousing
  • Military and Defense
  • Healthcare
  • Domestic
    • Domestic Application
      • Floor Cleaning Robots
      • Lawn Cleaning Robots
      • Pool Cleaning Robots
      • Window Cleaning Robots
      • Others
  • Entertainment
  • Education
  • Agriculture and Forestry
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By Product
  • Unmanned Ground Vehicle (UGV)
  • Unmanned Aerial Vehicle (UAV)
  • Autonomous Underwater Vehicle (AUV)
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By Component
  • Hardware
    • Hardware Component
      • Sensor
      • Actuator
      • Power Supply
      • Control System
      • Others
  • Software
  • Support and Service
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By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (UK, Germany, France, Italy, Rest of Europe)
  • Asia-Pacific  (Japan, China, India, South Korea, Rest of Asia-Pacific)
  • Latin America  (Brazil, Argentina, Rest of Latin America)
  • Middle East and Africa  (Saudi Arabia, Africa, Rest of Middle East And Africa)
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Key Market Players

iRobot Corporation, Amazon Robotics, UBTECH Robotics, Inc., Honda Motor Co., Ltd., Northrop Grumman Corporation, Kongsberg Maritime AS, SoftBank Robotics Holdings, Lockheed Martin Corporation, Boston Dynamics, Kuka AG.

Analyst Review

The mobile robotics market is anticipated to witness a positive growth during the forecast period, owing to a substantial increase in demand for automation solutions across various industries. Companies in different sectors are increasingly recognizing the value of integrating mobile robotic systems into their operations to enhance efficiency and productivity. This trend is particularly evident in logistics, manufacturing, healthcare, agriculture, and defense, where mobile robots play a crucial role in streamlining processes and reducing operational costs.

Technological advancements, particularly in artificial intelligence (AI), machine learning, sensors, and computer vision, are expected to play a crucial role for the growth of the market during the forecast period. The incorporation of these cutting-edge technologies into mobile robotics enhances their capabilities, allowing for more sophisticated and adaptable systems. Improved navigation, enhanced perception, and intelligent decision-making processes collectively contribute to the overall efficiency of mobile robots, making them essential for industries aiming to remain at the forefront of innovation.

A key factor propelling market advancement is the growing demand for automation, with industries globally focusing on optimizing operational efficiency, cutting costs, and enhancing overall productivity through the deployment of mobile robots. The diverse range of applications, spanning from autonomous vehicles in logistics to robot-assisted surgeries in healthcare, highlights the widespread adoption of automated solutions.

The versatility of mobile robotics, highlighted by its diverse applications across industries, creates a substantial and varied market base. Each sector specifies requirements for mobile robotic solutions, fostering a demand for specialized robots tailored to unique tasks. As industries increasingly recognize the varied benefits of automation, the market witnesses surge in demand for these specialized solutions, thereby contributing to its expansion in certain industries like logistics and warehousing, mobile robotics play a crucial role, with the adoption of technologies like automated guided vehicles (AGVs) and autonomous mobile robots (AMRs) witnessing substantial growth. These advancements are particularly evident in tasks such as material handling, inventory management, and order fulfillment. The increase in e-commerce and supply chain operations further underscores the need for efficient and flexible robotic solutions in logistics.

The healthcare sector also significantly contributes to the growth of the mobile robotics market, with mobile robots increasingly involved in activities like telepresence, patient assistance, and surgeries. Robot-assisted surgeries gain prominence for their precision and reduced recovery times. The aging population and the growing demand for enhanced healthcare services further drive the integration of mobile robotics in this sector

Author Name(s) : Tanuj Virendra Barai | Sonia Mutreja
Frequently Asked Questions?

Upcoming trends in the global Mobile Robotics Market include increased integration of artificial intelligence, advanced sensors, and enhanced autonomy for diverse applications across industries.

Logistics and warehousing is the leading application of mobile robotics market.

North America and Asia-Pacific.

The global mobile robotics market was valued at $16.4 billion in 2022

Kuka AG., Honda Motor Co., Ltd., Northrop Grumman Corporation, iRobot Corporation, Lockheed Martin Corporation, SoftBank Robotics Holdings, Amazon Robotics, Kongsberg Maritime AS, UBTECH Robotics, Inc., and Boston Dynamics

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Mobile Robotics Market

Global Opportunity Analysis and Industry Forecast, 2023-2032