Who are the key vendors in the Global Mobile Robots Market?

The competitive landscape of the mobile robots market is dynamic and evolving, driven by technological advancements, market demand, and regulatory developments. Companies that can innovate, collaborate, and adapt to changing market dynamics are well-positioned to succeed in this rapidly growing industry. For example, Fetch Robotics announced a strategic partnership with Zebra Technologies to integrate their technologies and provide end-to-end solutions for warehouse automation. The objective of this collaboration was to leverage Fetch Robotics’ expertise in AMR and Zebra Technologies’ strengths in data capture and analysis to increase operational efficiency and visibility in the warehouse environment. Through this partnership, Fetch Robotics has integrated Zebra's powerful mobile computers and barcode scanners with its AMR, enabling seamless communication and data exchange between robotic warehouse management systems. This integration enables consumption after real-time, Improved order fulfillment accuracy and increased overall efficiency in warehouse operations. 'Zebra Fetch Robotics', 'SuperDroid Robots', 'ST Engineering Aethon, Inc', 'SoftBank Robotics', 'ROBOTLAB Inc.', 'OTTO Motors', 'ABB Robotics', 'Omron Group', 'Mobile Industrial Robots', 'Locus Robotics', 'GreyOrange', 'Gideon Brothers', 'Geekplus Technology Co Ltd.', 'Blue Skye Automation'

What is the key driver of Global Mobile Robots Market?

Increased growth in the e-commerce industry allows owners of warehouses and distribution centers to focus on improving their business operations from manual to automated. In February 2020, in January 2021, Walmart Inc. will have 100,000 shares and can sell 10% of its shares. Sam’s Club estimates e-commerce sales will reach $363 million by the end of the third quarter of 2020, up from $277 million a year ago.

What is the key market trend for Global Mobile Robots Market?

Adopted Industry 4.0 Technologies in Warehouse and Industrial Automation: The global mobile robots market has significant opportunities with the adoption of Industry 4.0 technologies in warehouse and industrial automation. Industry 4.0 includes the integration of digital technology, data communication and automation into industrial processes. As businesses strive to improve efficiency, productivity and agility, they are increasingly relying on mobile robotics as an integral part of their digital transformation initiatives.

Which region accounted for the largest share in Global Mobile Robots Market?

North America is possibly developing swiftly because of the growing e-trade sales witnessed in this region. Additionally, the rapid adoption of era, the presence of leading producers in this quarter, and significant investments from regulatory agencies to construct automatic warehouses and distribution centers are imparting market increase has further improved.

Mobile Robots Companies

Q: What is the global market size of Mobile Robots Market?

Global Mobile Robots Market size was valued at USD 16.5 Billion in 2022 and is poised to grow from USD 20.31 Billion in 2023 to USD 107.1 Billion by 2031, growing at a CAGR of 23.1% in the forecast period (2024-2031).

Mobile Robots Market Competitive Landscape

The competitive landscape of the global mobile robots market is dynamic and evolving, driven by technological advancements, market demand, and regulatory developments. Companies that can innovate, collaborate, and adapt to changing market dynamics are well-positioned to succeed in this rapidly growing industry. For instance, in June 2024, Rapyuta Robotics announced a strategic partnership with SVT Robotics to connect and scale warehouse robots. They are using Rapyuta’s pick assist AMRs for its expansion around the American warehouses. Rapyuta’s solution will be certified on SVT Robotics platform namely SOFTBOT. The advanced software is changing the incorporation of different autonomous technologies such as autonomous mobile robots (AMR), vertical lift modules (VLM), and automated storage and retrieval systems (AS/RS) and host systems such as warehouse management systems (WMS), warehouse execution systems (WES) and others.

Mobile Robots Market Top Player’s Company Profiles

Zebra Fetch Robotics
SuperDroid Robots
ST Engineering Aethon, Inc
SoftBank Robotics
ROBOTLAB Inc.
OTTO Motors
ABB Robotics
Omron Group
Mobile Industrial Robots
Locus Robotics
GreyOrange
Gideon Brothers
Geekplus Technology Co Ltd.
Blue Skye Automation

Mobile Robots Market

FAQs

Mobile robots market size was valued at USD 16.5 billion in 2022 and is poised to grow from USD 20.31 billion in 2023 to USD 107.1 billion by 2031, growing at a CAGR of 23.1% during the forecast period (2024-2031).

The advancements in the robotics sector are witnessed by the emergence of augmented reality, deep learning and AI. The increase in the elderly population and nuclear families have increased the demand for virtual assistants such as companion robots, which are helping in the simplification of the tasks. Companies have also used these technologies and have introduced innovative products such as Shenzhen Huiyu Education Technology’s Honeybot and Blue Frog Robotics’ Buddy. Integrated into households, these robots handle cleaning, security, and entertainment, becoming smarter and more adaptable, driven by the need for time efficiency and enhanced lifestyle.

Adoption of Industry 4.0 Technologies in Warehouse and Industrial Automation: In logistics and warehousing applications, the adoption of advanced mobile robots is driving the mobile robot market. They are continuously used in sectors such as healthcare, construction, and personal applications like domestic robots. Their expansion is contributing to their originality and growth in different areas.

Asia Pacific region is the largest region in the global mobile robotics market. The efficiency and cost reduction through automation is driving the market. The countries such as Japan South Korea and China are continuously increasing due to their technological advancements in the mobile robots. Due to the aging of the population and rising labor expenses, they are adopting mobile robots for repetitive tasks. Moreover, the ecommerce and logistics sectors are rapidly increasing, which is further driving the demand for the automation in the warehouse industry. China contributes as the largest manufacturer in the industry driving the market demand. Based on our analysis, we found that besides COVID-19 restrictions have caused disturbances in production and logistics, the industrial output is increased by around 3.6% in 2022 in China. The manufacturing industry contributes around 28% to the China’s GDP have reported around 3.1% growth in the output during 2022.

Feedback From Our Clients

"We have purchased recently a report from SkyQuest Technology, and we are happy to inform you that this report was so useful and practical for our team. Skyquest Team was very active and our queries were followed up completely.It was amazing. "

- Mr. Ali Zali, Commercial Director, ICIIC Iran.

Mobile Robots Market Competitive Landscape

Mobile Robots Market Report Snapshots

Want to customize this report?

FAQs

Request Free Customization

Feedback From Our Clients

$5,300

Mobile Robots Market Competitive Landscape

Mobile Robots Market Report Snapshots

Want to customize this report?

FAQs

What is the global market size of Mobile Robots Market?

Who are the key vendors in the Mobile Robots Market?

What is the key driver of Mobile Robots Market?

What is the key market trend for Mobile Robots Market?

Which region accounted for the largest share in Mobile Robots Market?

Request Free Customization

Related Reports

Feedback From Our Clients

$5,300