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Mobile Robots Market Size

Mobile Robots Market Revenue Analysis

Mobile Robots Market size was valued at USD 3.3 billion in 2022 and is expected to grow to USD 42.90 billion by 2030 and grow at a CAGR of 37.8% over the forecast period of 2023-2030.

Global e-commerce growth has increased demand for mobile robots, which is growing. Factors like increasing warehouse automation and expanding acceptance of these robots across various sectors are further predicted to fuel market expansion due to their ability to move autonomously in difficult scenarios. Additionally, the expanding use of automated. Throughout the projected period, market expansion will likely be driven by material handling and trends like lights-out automation. In 2022, the goods-to-person picking robots segment dominated the market and generated more than 48% of total revenue. Robots that pick-up goods for individuals can be trained to carry carts and to transport commodities between workers and stations, use flexible routes. In 2022, the lead battery market segment held the lion's share with more than 50% of worldwide sales. Lead batteries' cheap cost advantages over other battery types are to blame for the high share. Lead batteries are suitable for a variety of industrial applications because they guarantee consistent voltage, good reversibility, and a long service life.

In 2022, the manufacturing sector dominated the market, accounting for more over 75% of worldwide sales. The market has been further divided into the following subsectors: FMCG, automotive, aerospace, electronics, chemicals, medicines, and plastics.

Mobile Robots Market Overview:

Report Attributes Details
Key Segments • By Type (Professional Robots, Personal & Domestic Robots)
• By Application (Agricultural, Cleaning, Educational, Healthcare, Manufacturing, Warehousing & Logistics, Others)
Regional Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America)
Company Profiles Amazon Robotics (Amazon.Com), Softbank Robotics, Lockheed Martin Corporation, Northrop Grumman Corporation, Kuka Ag, Irobot Corporation, Kongsberg Maritime, Honda Motor CO., LTD., UBTECH ROBOTICS, INC, BOSTON DYNAMICS (SOFTBANK GROUP CORP.), ABB Ltd, LG Corp.

 

KEY DRIVERS: 

  • Growing usage of portable robots in healthcare and for personal purposes

The advent of technologies like augmented reality, deep learning, and artificial intelligence (Al), robotics has experienced a quantum jump. The demand for cutting-edge technology and virtual assistants, such companion robots, is growing along with the global aging population and the rise in nuclear families since these technologies make it easier to complete tasks. Many market companies have successfully embraced these technologies in order to launch cutting-edge goods and acquire a competitive edge in the mobile robot’s market. For instance, Honeybot, a companion robot that uses augmented reality (AR) for learning, is available from Shenzhen Huiyu Education Technology (China). In a similar vein, Buddy, a companion robot created with Al, is available from Blue Frog Robotics (France).

RESTRAIN:

  • Mobile robots' poor capacity to adapt to chaotic situations

Robots have so far succeeded in performing well in manipulated and regulated environments like manufacturing plants and process industries. There is an increasing need for technologically advanced robots to carry out complicated tasks since mobile robots have uses in many industries, including mining, logistics, and medicine. As a result, hardware (arms and hands), force sensors, and vision sensors must be developed in order to enable tactile manipulation in robot interactions with the environment. Real-world environments present a variety of difficult tasks that are out of the control of already built robots. Researchers are looking into a number of strategies to get over the real-world limitations of robot manipulation. Mobile robots frequently have trouble with

OPPORTUNITY:

  • Adoption of industry 4.0 technology in industrial automation and warehousing

The use of Industry 4.0 technologies in warehousing and industrial automation presents a sizable opportunity for the mobile robot’s market. Integrating digital technologies, data networking, and automation into industrial operations is known as "industry 4.0." Businesses are increasingly depending on mobile robots as a key component of their digital transformation programs as they strive for increased efficiency, productivity, and agility. By automating processes like material handling, picking, and logistics operations, mobile robots play a crucial part in enabling intelligent and networked warehouses. They may effortlessly interface with other Industry 4.0 technologies, including cloud computing, artificial intelligence (Al) systems, and the Internet of Things (loT), enabling real-time data interchange, advanced analytics, and wise decision-making.

CHALLENGES:

  • Integration of mobile robots with the current system

When it comes to integrating mobile robots with current systems, the market for mobile robots has a considerable hurdle. It is difficult to develop a seamless integration of mobile robots because many sectors already have established systems, procedures, and infrastructure. The integration process might be hampered by difficulties like compatibility problems, interoperability problems, and the requirement for system reconfiguration. Various elements, such as enterprise resource planning (ERP) systems, warehouse management systems (WMS), and other automation technologies, frequently require mobile robots to communicate with them. It takes careful planning, technological know-how, and collaboration between different stakeholders to ensure smooth data interchange, communication protocols, and synchronization with current systems. The difficulties with integration may cause delays, higher expenses, and disruptions in business operations.

IMPACT OF RUSSIAN UKRAINE WAR

There was a significant lack of housing after millions of Ukrainians temporarily relocated to the west in March. We were given a temporary office by our partner Nova Poshta in Mukachevo, but we were unable to accommodate all of our staff there. The team required time to get used to their new surroundings after the evacuation because everyone had to drastically modify their lives and relocate to a new city with little to no belongings. Nearly all of our vendors We had to look for new ones in western Ukraine as none were close to Kyiv. Then a transportation crisis struck, making automobile refueling in Ukraine all but impossible. For individuals who lived far from the temporary workplace, this caused extra issues. After the Russian army abandoned its offensive in the capital in May, Deus Robots arrived back in Kyiv. In Bila Tserkva, a suburb of Kiev, we finished the software and the Nova Poshta integration despite the ongoing conflict. Compared to manual warehouse operations, it doubled the peak speed of parcel processing. However, external pressures persisted, resulting in ongoing internet disruptions, rocket strikes on vital infrastructure, and work in chilly buildings without electricity. Public facilities would shut down and become inoperable during alarms.

IMPACT OF ONGOING RECESSION

97 million new positions in the care economy, fourth industrial revolution technological domains like artificial intelligence, and content production fields will open up as the economy and work markets change. Managing, advising, making decisions, reasoning, communicating, and interacting are jobs where humans are expected to maintain their competitive advantage. Nearly 50% of the individuals who are expected to stay in current positions over the next five years will require reskilling in their core competencies. Despite the current economic crisis, the majority of firms prioritize reskilling their staff. In spite of the current economic crisis, the majority of firms see the importance of reskilling their workers. The majority of businesses, 66% on average, believe that investing in the upskilling and reskilling of current workers will pay off within a year. In addition, they anticipate effectively redeploying 46% of their own workforce. The organizations that have made significant investments in their human capital their employees' skills and competencies will be the most competitive in the future, according to Zahidi.

MARKET SEGMENTATION

By Type

  • Professional Robots

  •  Personal & Domestic Robots

By Application

  • Agricultural

  • Cleaning

  • Educational

  • Healthcare

  • Manufacturing

  • Warehousing & Logistics

  • Others

Mobile Robots Market Segmentation Analysis

REGIONAL ANALYSIS

In 2022, Europe dominated the market, contributing more than 28% of worldwide sales. This is attributable satisfy the escalating demand from the established players in the manufacturing industry for material handling equipment. The regional market's expansion is also being fuelled by the continued process automation occurring in various industries and business verticals. For instance, contract logistics provider GXO Logistics, Inc. and 6 River Systems established a multiyear global agreement in July 2022. The companies will be able to comply with Collaborative Mobile Robots (CMR) regulations in their logistical operations across the U.S. and Europe thanks to this relationship.

The use of autonomous mobile robots for inventory management is being encouraged by the expanding e-commerce sector in Asia Pacific's emerging economies. Due to the fierce competition that exists within the e-commerce sector as e-commerce businesses attempt to distinguish themselves by slashing the time it takes to deliver items, the adoption of AMRs is also gaining momentum. AMRs are being used by e-commerce companies in their warehouses to automate intralogistics processes including picking, sorting, and palletizing. For instance, Hai Robotics, a Shenzhen-based producer of autonomous case-handling robots (ACRs), secured USD 200 million in two stock offerings in September 2021.

REGIONAL COVERAGE:

North America

  • US

  • Canada

  • Mexico

Europe

  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of Middle East

  • Africa

    • Nigeria

    • South Africa

    • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

  • Rest of Latin America

KEY PLAYERS

Some of key players of Mobile Robots Market are Amazon Robotics (Amazon.Com), Softbank Robotics, Lockheed Martin Corporation, Northrop Grumman Corporation, Kuka Ag, Irobot Corporation, Kongsberg Maritime, Honda Motor CO., LTD., UBTECH ROBOTICS, INC, BOSTON DYNAMICS (SOFTBANK GROUP CORP.), ABB, LG and other players are listed in a final report.

Amazon Robotics (Amazon.Com)-Company Financial Analysis

Company Landscape Analysis

RECENT DEVELOPMENT

  • In April 2023, ABB introduced Visual simultaneous localization and mapping (SLAM), which significantly improved AMR performance. Al-enabled navigation technology enables AMRs to make wise choices in complex and demanding situations the environments.

  • The KMP 600-S diffDrive will be improved by KUKA in March 2023, expanding the company's selection of mobile platforms. An innovative automated guided vehicle system is presented by the mobile platform KUKA KMP 600-S diffDrive, delivering

  • High-speed production intralogistics capabilities LG Mobile Industrial Robots established a partnership with Modula for cutting-edge warehouse automation in July 2022. providing a storage, picking, and material handling solution that is completely autonomous

Mobile Robots Market Report Scope:

Report Attributes Details

Market Size in 2022

 US$ 3.3 billion 

Market Size by 2030

 US$ 42.90 billion      

CAGR 

 CAGR of 37.8% From 2023 to 2030

Base Year

2022

Forecast Period

2023-2030

Historical Data

 2020-2022

Report Scope & Coverage

Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook

Market challenges

•Integration of mobile robots with the current system

Market Opportunities

•Adoption of industry 4.0 technology in industrial automation and warehousing

Frequently Asked Questions

Mobile Robots Market is anticipated to expand by 37.8% from 2023 to 2030.

Mobile Robots Market size was valued at USD 3.3 billion in 2022

Europe is dominating the Mobile Robots Market.

 Integration of mobile robots with the current system.

Adoption of industry 4.0 technology in industrial automation and warehousing.

TABLE OF CONTENT

1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges

4. Impact Analysis
4.1 Impact of the Russia-Ukraine War
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7. PEST Analysis

8. Mobile Robots Market Segmentation, By Type 
8.1    Professional Robots
8.2     Personal & Domestic Robots

9. Mobile Robots Market Segmentation, By Application
9.1    Agricultural
9.2    Cleaning
9.3    Educational
9.4    Healthcare
9.5    Manufacturing
9.6    Warehousing & Logistics
9.7    Others

10. Regional Analysis
10.1 Introduction
10.2 North America
10.2.1 North America Mobile Robots Market by Country
10.2.2North America Mobile Robots Market by Type
10.2.3 North America Mobile Robots Market by Application
10.2.4 USA
10.2.4.1 USA Mobile Robots Market by Type
10.2.4.2 USA Mobile Robots Market by Application
10.2.5 Canada
10.2.5.1 Canada Mobile Robots Market by Type
10.2.5.2 Canada Mobile Robots Market by Application
10.2.6 Mexico
10.2.6.1 Mexico Mobile Robots Market by Type
10.2.6.2 Mexico Mobile Robots Market by Application
10.3 Europe
10.3.1 Eastern Europe
10.3.1.1 Eastern Europe Mobile Robots Market by Country
10.3.1.2 Eastern Europe Mobile Robots Market by Type
10.3.1.3 Eastern Europe Mobile Robots Market by Application
10.3.1.4 Poland
10.3.1.4.1 Poland Mobile Robots Market by Type
10.3.1.4.2 Poland Mobile Robots Market by Application
10.3.1.5 Romania
10.3.1.5.1 Romania Mobile Robots Market by Type
10.3.1.5.2 Romania Mobile Robots Market by Application
10.3.1.6 Hungary
10.3.1.6.1 Hungary Mobile Robots Market by Type
10.3.1.6.2 Hungary Mobile Robots Market by Application
10.3.1.7 Turkey
10.3.1.7.1 Turkey Mobile Robots Market by Type
10.3.1.7.2 Turkey Mobile Robots Market by Application
10.3.1.8 Rest of Eastern Europe
10.3.1.8.1 Rest of Eastern Europe Mobile Robots Market by Type
10.3.1.8.2 Rest of Eastern Europe Mobile Robots Market by Application
10.3.2 Western Europe
10.3.2.1 Western Europe Mobile Robots Market by Country
10.3.2.2 Western Europe Mobile Robots Market by Type
10.3.2.3 Western Europe Mobile Robots Market by Application
10.3.2.4 Germany
10.3.2.4.1 Germany Mobile Robots Market by Type
10.3.2.4.2 Germany Mobile Robots Market by Application
10.3.2.5 France
10.3.2.5.1 France Mobile Robots Market by Type
10.3.2.5.2 France Mobile Robots Market by Application
10.3.2.6 UK
10.3.2.6.1 UK Mobile Robots Market by Type
10.3.2.6.2 UK Mobile Robots Market by Application
10.3.2.7 Italy
10.3.2.7.1 Italy Mobile Robots Market by Type
10.3.2.7.2 Italy Mobile Robots Market by Application
10.3.2.8 Spain
10.3.2.8.1 Spain Mobile Robots Market by Type
10.3.2.8.2 Spain Mobile Robots Market by Application
10.3.2.9 Netherlands
10.3.2.9.1 Netherlands Mobile Robots Market by Type
10.3.2.9.2 Netherlands Mobile Robots Market by Application
10.3.2.10 Switzerland
10.3.2.10.1 Switzerland Mobile Robots Market by Type
10.3.2.10.2 Switzerland Mobile Robots Market by Application
10.3.2.11 Austria
10.3.2.11.1 Austria Mobile Robots Market by Type
10.3.2.11.2 Austria Mobile Robots Market by Application
10.3.2.12 Rest of Western Europe
10.3.2.12.1 Rest of Western Europe Mobile Robots Market by Type
10.3.2.12.2 Rest of Western Europe Mobile Robots Market by Application
10.4 Asia-Pacific
10.4.1 Asia Pacific Mobile Robots Market by Country
10.4.2 Asia Pacific Mobile Robots Market by Type
10.4.3 Asia Pacific Mobile Robots Market by Application
10.4.4 China
10.4.4.1 China Mobile Robots Market by Type
10.4.4.2 China Mobile Robots Market by Application
10.4.5 India
10.4.5.1 India Mobile Robots Market by Type
10.4.5.2 India Mobile Robots Market by Application
10.4.6 Japan
10.4.6.1 Japan Mobile Robots Market by Type
10.4.6.2 Japan Mobile Robots Market by Application
10.4.7 South Korea
10.4.7.1 South Korea Mobile Robots Market by Type
10.4.7.2 South Korea Mobile Robots Market by Application
10.4.8 Vietnam
10.4.8.1 Vietnam Mobile Robots Market by Type
10.4.8.2 Vietnam Mobile Robots Market by Application
10.4.9 Singapore
10.4.9.1 Singapore Mobile Robots Market by Type
10.4.9.2 Singapore Mobile Robots Market by Application
10.4.10 Australia
10.4.10.1 Australia Mobile Robots Market by Type
10.4.10.2 Australia Mobile Robots Market by Application
10.4.11 Rest of Asia-Pacific
10.4.11.1 Rest of Asia-Pacific Mobile Robots Market by Type
10.4.11.2 Rest of Asia-Pacific APAC Mobile Robots Market by Application
10.5 Middle East & Africa
10.5.1 Middle East
10.5.1.1 Middle East Mobile Robots Market by Country
10.5.1.2 Middle East Mobile Robots Market by Type
10.5.1.3 Middle East Mobile Robots Market by Application
10.5.1.4 UAE
10.5.1.4.1 UAE Mobile Robots Market by Type
10.5.1.4.2 UAE Mobile Robots Market by Application
10.5.1.5 Egypt
10.5.1.5.1 Egypt Mobile Robots Market by Type
10.5.1.5.2 Egypt Mobile Robots Market by Application
10.5.1.6 Saudi Arabia
10.5.1.6.1 Saudi Arabia Mobile Robots Market by Type
10.5.1.6.2 Saudi Arabia Mobile Robots Market by Application
10.5.1.7 Qatar
10.5.1.7.1 Qatar Mobile Robots Market by Type
10.5.1.7.2 Qatar Mobile Robots Market by Application
10.5.1.8 Rest of Middle East
10.5.1.8.1 Rest of Middle East Mobile Robots Market by Type
10.5.1.8.2 Rest of Middle East Mobile Robots Market by Application
10.5.2 Africa
10.5.2.1 Africa Mobile Robots Market by Country
10.5.2.2 Africa Mobile Robots Market by Type
10.5.2.3 Africa Mobile Robots Market by Application
10.5.2.4 Nigeria
10.5.2.4.1 Nigeria Mobile Robots Market by Type
10.5.2.4.2 Nigeria Mobile Robots Market by Application
10.5.2.5 South Africa
10.5.2.5.1 South Africa Mobile Robots Market by Type
10.5.2.5.2 South Africa Mobile Robots Market by Application
10.5.2.6 Rest of Africa
10.5.2.6.1 Rest of Africa Mobile Robots Market by Type
10.5.2.6.2 Rest of Africa Mobile Robots Market by Application
10.6 Latin America
10.6.1 Latin America Mobile Robots Market by Country
10.6.2 Latin America Mobile Robots Market by Type
10.6.3 Latin America Mobile Robots Market by Application
10.6.4 Brazil
10.6.4.1 Brazil Mobile Robots Market by Type
10.6.4.2 Brazil Africa Mobile Robots Market by Application
10.6.5 Argentina
10.6.5.1 Argentina Mobile Robots Market by Type
10.6.5.2 Argentina Mobile Robots Market by Application
10.6.6 Colombia
10.6.6.1 Colombia Mobile Robots Market by Type
10.6.6.2 Colombia Mobile Robots Market by Application
10.6.7 Rest of Latin America
10.6.7.1 Rest of Latin America Mobile Robots Market by Type
10.6.7.2 Rest of Latin America Mobile Robots Market by Application

11 Company Profile
11.1 AMAZON ROBOTICS (AMAZON.COM)
11.1.1 Company Overview
11.1.2 Financials
11.1.3 Product/Services Offered
11.1.4 SWOT Analysis
11.1.5 The SNS View
11.2 SOFTBANK ROBOTICS
11.2.1 Company Overview
11.2.2 Financials
11.2.3 Product/Services Offered
11.2.4 SWOT Analysis
11.2.5 The SNS View
11.3 LOCKHEED MARTIN CORPORATION
11.3.1 Company Overview
11.3.2 Financials
11.3.3 Product/Services Offered
11.3.4 SWOT Analysis
11.3.5 The SNS View
11.4 NORTHROP GRUMMAN CORPORATION
11.4 Company Overview
11.4.2 Financials
11.4.3 Product/Services Offered
11.4.4 SWOT Analysis
11.4.5 The SNS View
11.5 KUKA AG
11.5.1 Company Overview
11.5.2 Financials
11.5.3 Product/Services Offered
11.5.4 SWOT Analysis
11.5.5 The SNS View
11.6 IROBOT CORPORATION
11.6.1 Company Overview
11.6.2 Financials
11.6.3 Product/Services Offered
11.6.4 SWOT Analysis
11.6.5 The SNS View
11.7 KONGSBERG MARITIME
11.7.1 Company Overview
11.7.2 Financials
11.7.3 Product/Services Offered
11.7.4 SWOT Analysis
11.7.5 The SNS View
11.8 HONDA MOTOR CO., LTD.
11.8.1 Company Overview
11.8.2 Financials
11.8.3 Product/Services Offered
11.8.4 SWOT Analysis
11.8.5 The SNS View
11.9 UBTECH ROBOTICS, INC
11.9.1 Company Overview
11.9.2 Financials
11.9.3 Product/ Services Offered
11.9.4 SWOT Analysis
11.9.5 The SNS View
11.10 BOSTON DYNAMICS (SOFTBANK GROUP CORP.)
11.10.1 Company Overview
11.10.2 Financials
11.10.3 Product/Services Offered
11.10.4 SWOT Analysis
11.10.5 The SNS View
11.11 ABB Ltd
11.11.1 Company Overview
11.11.2 Financials
11.11.3 Product/Services Offered
11.11.4 SWOT Analysis
11.11.5 The SNS View
11.12 LG Corp.
11.12.1 Company Overview
11.12.2 Financials
11.12.3 Product/Services Offered
11.12.4 SWOT Analysis
11.12.5 The SNS View

12. Competitive Landscape
12.1 Competitive Bench marking
12.2 Market Share Analysis
12.3 Recent Developments
12.3.1 Industry News
12.3.2 Company News
12.3.3 Mergers & Acquisitions

13. USE Cases and Best Practices

14. Conclusion

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Secondary Research

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Primary Research

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Data Bank Validation

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