Market Synopsis:
Mobile robotics is developing in leaps and bounds due to the integration of AI and IoT in manufacturing processes. Market reports linked to the semiconductor and electronics industry have been made available by Market Research Future which creates reports on other industry verticals that outlines the current market scenarios. The market is poised to expand with a CAGR of 17.15% approximately in the forecast period.
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The superior reliability and accessibility offered by mobile robotics is boosting their demand in various setups. The application of mobile robotics in hazardous and monotonous tasks is increasing their demand substantially. The market is increasing substantially owing to the expansion of the industrial segment coupled with the massive advancements in Industrial Internet of Things (IIoT). The application of mobile robotics in personal household, oceanic exploration, space exploration, automotive and warehousing expected to further the market share in the upcoming years.
Key Players
The prominent players in the market of global Mobile Robotics Market are – iRobot Corporation (US), Honda Motor Co., Ltd. (Japan), Denso Corporation (Japan), KUKA Robotics Corporation (Germany), Northrop Grumman Corporation (US), Harvest Automation (US), FANUC Ltd (Japan), Epson America, Inc., (US), Universal Robots (Denmark) and Yaskawa Motoman Robotics (US)
The prominent players keep innovating and investing in research and development to present a cost-effective product portfolio. There has been recent mergers and acquisitions among the key players, a strategy the business entities leverage to strengthen their reach to the customers.
Regional Insights:
The region-wise analysis of the market encompasses regions such as Europe, Asia Pacific, North America, and the rest of the world. The North American region is controlling the mobile robotics market owing to the deployment of mobile robots for various industrial applications and well-established robotics techniques. Furthermore, the governments in the US, Mexico, and Canada are advancing to inspire the acceptance of mobile robotics in the aerospace & defense sector. Also, the North American region is experiencing a high implementation of mobile robotics for home uses such as lawn mowing, vacuum & floor cleaning, and others. The Asia Pacific region holds the next major market for mobile robotics sowing to the rising industrialization and manufacturing actions in this region. Nations such as India, China, and Japan are implementing mobile robotics on a large scale for manufacturing, defense, education, healthcare, and personal assistant applications. The European region is responsible for the third major market for mobile robotics owing to the acceptance of mobile robotics in the automotive and healthcare industries in France, Germany, and the UK.
Market Segmentation:
The segmentation of the market is carried out on the basis of components, navigation type, application and vertical. On the basis of components, the market is segmented into software and hardware. The hardware component is additionally segmented into control units, power units, sensors, motors, and others. The navigation type segment of the market is segmented into unmanned surface vehicles (USVs), unmanned aerial vehicles (UAVs), unmanned ground vehicles (UGVs), and autonomous underwater vehicles (AUVs). The application- based segmentation of the market consists of entertainment, inspection & maintenance, domestic household tasks, education & research, security & surveillance, and others. On the basis of vertical, the mobile robotics market is segmented into manufacturing, logistics & warehousing, military & defense, healthcare, retail, automotive, and others.
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Intended Audience
- Robot manufacturers
- Software developers
- Mobile robotics system providers
- Automation systems provider
- Research organizations
- Government bodies
- Sensor manufacturers
- Industrial robots manufacturers
- Robot distributors
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Market Research Report (MRFR) has published an innovative report “Global Mobile Robotics Market” which is estimated to expand extensively at a CAGR of 17.15% during the forecast period.
This research report also combines industry-wide statistically relevant quantitative data and relevant and insightful qualitative analysis.
The competitive landscape section of the statistical report presents information on major key players in the global market.
The report also examines the impact of the COVID-19 pandemic on the global market.The Mobile Robotics Market is increasing significantly due to the expansion of the industrial segment coupled with the massive advancements in Industrial Internet of Things (IIoT).
The market is also well equipped to meet the challenges and keep up with the dynamic growth trends effectively.
Major players operating in the global mobile robotics market are also examined in the report in order to provide readers with a complete overview of the competitive landscape of the market.Competitive landscape:The competitors at the forefront in the market of global mobile robotics market are KUKA Robotics Corporation (Germany), Denso Corporation (Japan), Epson America, Inc., (US), Northrop Grumman Corporation (US), Harvest Automation (US), iRobot Corporation (US), FANUC Ltd (Japan), Universal Robots (Denmark), Honda Motor Co., Ltd. (Japan), and Yaskawa Motoman Robotics (US).Mobile Robotics Market@ https://www.abnewswire.com/pressreleases/mobile-robotics-market-to-gain-prominence-in-automotive-sector-with-rising-demand-know-covid19-analysis-industry-analysis-by-size-share-sales-revenue-business-strategy-regional-forecast-2023_521099.htmlImpacting Factors:Mobile robotics systems are gaining prominence and acceptance in several factories and plants due to their functionalities which drives the growth of the market.
The Spirulina Market is expected to grow at a CAGR of 10.3% from 2020-2030, according to a new research report by Next Move Strategy ConsultingSpirulina is a blue green algae with high nutrient content, usually consumed by human & animals.
It is also used as a complementary diet ingredient in aquaculture & poultry feeds owing to the presence of high protein & vitamin content.According to the report, growth in health consciousness among people and the rising demand for dietary supplements are major factors driving the spirulina market growth.
Additionally, high penetration of spirulina in industries such as cosmetics and pharmaceutical owing to the advantageous properties such as anti-aging, anti-wrinkles and othersare bringing changes in market tends.However, low stability & poor sustainability of spirulina derived colours is expected to restrict the market growth.Moreover, growth in research & development activities followed by untapped market opportunities in developing economies are anticipated to provide numerous opportunities to the market players in the coming few years.On the basis of type, spirulina market share is segmented into Arthrospira Platensis and Arthrospira Maxima.
Arthrospira Maxima dominates the global Spirulina market and will be the dominant throughout the forecasted period.On the basis of application, the Spirulina market is categorised into Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others.Food & Beverages segment is likely to develop significantly over the period of time owing to fast growing food & beverage industry.On the basis of drug formulation, the spirulina market is bifurcated into Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent.
Powder segment is expected to account for the major market share & dominate the market growth over the forecast period.North America dominates the spirulina market in terms of market size over the forecast period, owing to rising health consciousness among people.
Hansen Holding A/S, Algenol Biofuels Inc., Dongtai City Spirulina Bio-engineering Co., Ltd., Prolgae, Parry Neutraceuticals, Sensient Technologies Corporation, DDW Inc., Algatec and Naturex S.A.Browse key industry insights from the report, “Spirulina Market Size By Type (ArthrospiraPlatensis and Arthrospira Maxima) By Application (Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others), By Drug Formulation (Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent)Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020–2030” in detail along with the table of contents:Key Insights from the Spirulina Market Report:Asia Pacific is the fastest growing region in Spirulina market owing to the rising demand of spirulina from various industries such as cosmetics, food , healthcare and others and government initiatives to promote local spirulina production.The Food & Beverages segment dominates the market in terms of application and is expected to grow at a significant CAGR to maintain the lead till 2030.Some of the major players in the market are DIC Corporation, Cyanotech Corporation, Chr.
Mobile robots represent powerful robots which act on a variety of operations according to their programmed configurations.Advancement in mobile robotics technology is significantly evolving in different functional areas as defense, warehousing, medical& healthcare, and logistics.
It aids the humans in managing a specific set of task to overcome the human restraining and efficient in saving the cost of production.Optimized use of the resource in terms of labor cost, aging workforce and growing demand for productivity are presumed to impel the demand for the market growth.
UGV is presumed to be the leading the segment over the projected year attributed to rising demand in the implementation in areas of military and defense agencies.
UAVs are presumed to witness a substantial increase throughout the projected period associated with significant increase in the areas of photography, defense, wildlife research and survey, military, surveying and mapping, and security applications.The USVs has been impelled by cost-efficient wireless data system and global positioning system, which supposed to continue over the next few years.Application InsightsBy end-use, the mobile robotic market is bifurcated into service and industrial segment.
Personal end-use comprised of domestic purposes such as maintenance, cleaning, and entertainment.
Professional end-use covers logistics, agricultural, forest harvesting, medical, mining, and military & defense.Reduced price of cameras and sensors and feasible and accessibility of open source software development platforms are propelling factors for the increased demand for domestic robots for personal end-use such as vacuum cleaners and lawn movers.
