Mobile Robots Market Size, Share, Growth Analysis, By Offerings(Hardware (Sensors, Actuators, Power supplies, Control Systems), By Type(Professional Robots (Autonomous Mobile Robot, Automated Guided Vehicle, Others), and Personal & Domestic Robots), By Payload(Up to 300 kg, 500–600 kg, 1000-1500 kg), By Application(Agricultural, Cleaning, Educational, Healthcare), By Region - Industry Forecast 2024-2031

Mobile Robots Market Drivers

Advancements in Robotics Transforming Personal Assistance and Household Tasks

• 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. 

Innovations in Mobile Robot Sensors and Controllers for Various Applications

• The mobile robots market players produce various robotic parts and controllers for various applications, especially automotive industry, baggage sensing in airports, and many others. Based on our analysis, a line of Light Detection and Ranging (LiDAR) sensors are clearly launched for anti-collision applications in AMR. These sensors can sense large areas with low energy consumption. Also, Qualcomm processors enable odd computing, enhanced computer vision and more, ideal for low-power robots and drones. 

Restraints

Limited Suitability of Mobile Robots in Unstructured Environments

• The integration of mobile robots into the existing system creates or poses a huge challenge in the market. Most of the industries have built in established systems, processes and their infrastructures due to which the easy robot integration in the mobile robot market has become difficult. As mobile robots mostly connect with various components of the existing systems which include enterprise resource planning systems, warehouse management systems and automation technologies which makes its installation difficult. 

Integration of Mobile Robots with Existing System

• Mobile robots market faces a huge challenge when it comes to integrating mobile robots with existing systems. Many industries have already established systems, processes, and infrastructures, which make it difficult to achieve easy integration of mobile robots. Mobile robots often interface with various components such as enterprise resource planning (ERP) systems, warehouse management systems (WMS), and other automation technologies.