February 2024
07 Oct 2024
The global mobile robots market surpassed USD 20.52 billion in 2023 and is estimated to cross around USD 82.37 billion by 2033, growing at a CAGR of 14.91% during the forecast period. Order fulfillment procedures that are automated and efficient are becoming more and more in need as online shopping expands. Due to their autonomous navigation skills, mobile robots are becoming indispensable for optimizing operations, cutting human costs, and increasing order accuracy in warehouses and distribution centers.
The industry is focused on creating, manufacturing, and deploying semi-autonomous or autonomous robots that can navigate and function in a variety of contexts without the need for human assistance. These robots employ sensors, software, and occasionally artificial intelligence to travel areas, carry out activities, and interact with their surroundings.
The market for mobile robots is substantial because of their wide range of applications in several sectors, such as manufacturing, healthcare, logistics, agriculture, and defense. By taking over tedious, dangerous, or precise jobs, mobile robot adoption increases operational efficiency, lowers labor costs, and improves safety. This market is driving the fourth industrial revolution and is also essential to the advancement of automation and smart systems.
Rising adoption in healthcare is driving the mobile robots market
Mobile robots are increasingly being deployed in healthcare settings to save expenses and streamline processes. These robots can carry out jobs like supplies, delivering equipment, and medication, freeing up employees to concentrate on more important patient-facing duties. This lowers labor expenses and increases operational efficiency, which saves healthcare facilities a lot of money. One significant aspect propelling the use of mobile robots is the need for such affordable solutions. There is a lack of labor in many healthcare systems, especially for nurses and support personnel.
By handling repetitive and ordinary chores, mobile robots help mitigate these difficulties and free up healthcare staff to focus on more difficult and complex tasks.
Recent Innovation in the Mobile Robots Market by Pramac
| Company Name | Pramac |
| Headquarters | Località Il Piano, 53031, SI, Italy |
| Development | In March 2024, BlueBotics and Pramac have partnered, supplying fleet management software and ANT navigation technology for Pramac's new X-ACT mobile logistics robot line. |
Recent Innovation in the Mobile Robots Market by ABB Robotics
| Company Name | ABB Robotics |
| Headquarters | Oerlikon, Zurich, Switzerland |
| Development | In March 2024, With the help of AI-based Visual SLAM navigation technology and the brand-new AMR Studio software, ABB Robotics unveiled the Flexley Tug T702. This autonomous mobility robot can efficiently program and manage whole fleets of mobile robots, even for novice robot users. With a severe lack of experienced labor, the new capabilities simplify configuration and commissioning time by as short as 20 percent, opening the door to a workplace were intelligent robots function independently. |
North America dominated in the mobile robots market in 2023. Major IT firms and cutting-edge robotics research institutes are based in North America. Leading companies developing advanced mobile robots, such as drones, industrial robots, and autonomous cars, are Boston Dynamics, iRobot, and Tesla. North America remains at the forefront of innovation due to the region's concentration on research and development. The need for mobile robots in logistics and storage has increased dramatically due to the explosive growth of North America's e-commerce industry. Mobile robots are being extensively invested in by corporations such as Amazon and Walmart to sort, pack, and move products across their distribution centers.
Asia-Pacific is observed to be the fastest growing in the mobile robots market during the forecast period. Asia-Pacific is a significant player in global manufacturing, with Japan, and China playing critical roles in international supply chains. Mobile robot use has surged due to manufacturing's growing need for automation to improve efficiency and save labor costs. The demand for automation in warehouses and distribution centers has increased significantly due to the growth of e-commerce in the area.
An increasing number of businesses, including Alibaba, and Rakuten, are using mobile robots to perform duties such as picking, packing, and carrying items. Due to manpower constraints and the need to boost productivity, the agriculture sector in nations such as China and India are starting to use mobile robots for crop monitoring, spraying, and harvesting.
Technological innovations in sensors and connectivity
Mobile robots can gain a full understanding of their environment by integrating input from various sensors, a process known as sensor fusion. This enhances decision-making processes and makes it possible for robots to adjust to changes in their surroundings, such as moving objects or shifting lighting, which increases operational safety and efficiency.
Advances in connectivity make it easier to construct swarm robotics, in which a group of robots cooperate to accomplish a common objective. This is especially helpful for large-scale activities like farming, where hordes of robots may work together to plant, monitor, and harvest crops simultaneously
| Report Attribute | Key Statistics |
| Market Revenue in 2024 | USD 23.58 Billion |
| Market Revenue by 2033 | USD 82.37 Billion |
| CAGR | 14.91% |
| Quantitative Units | Revenue in USD million/billion, Volume in units |
| Largest Market | North America |
| Base Year | 2023 |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Market Segmentation
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