The research report Mobile Robot provides a complete overview of the mobile robot industry, considering the future growth analysis, demand, and supply graphs, as well as historical and future costs and revenue generation. These factors are fueling growth of the global mobile robots market. Further technological advancements in the sensors and cameras improves flexibilities and agility of mobile robots are driving its market growth. The global health emergency has brought dynamic changes in the market and economic scenario of the world.
The global research mobile robot market is anticipated to deliver a steady CAGR of 23.6% over the next 8 years to reach a valuation of USD 117.89 Billion in 2027 from USD 23.48 billion in 2019, according to the extensive analysis carried out by our analysts.
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Based on the application, the domestic sub-segment is estimated to expand with a sizable CAGR of 24.8% over the forecast period. This growth is attributable to the implementation of Artificial Intelligence and the Internet of Things (IoT) for domestic purposes.
The report begins with basic information about the market, such as definitions, applications, classifications, value chain analysis, among others, to facilitate a better understanding among the readers. The market offers a panoramic view of the industry through a thorough analysis of the key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Regionally, the Asia Pacific region dominated the overall mobile robot market and is expected to be the fastest-growing region over the forecast period.
Regional Analysis of the mobile robot Market includes:
• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Regional Outlook (Revenue, USD Billion; 2017-2027)
North America
• U.S.
• Canada
Asia Pacific
• China
• Japan
• South Korea
• Rest of APAC
Product Outlook (Revenue, USD Billion; 2017-2027)
• Unmanned Aerial Vehicles (UAVs)
• Unmanned Ground Vehicles (UGVs)
Application Outlook (Revenue, USD Billion; 2017-2027)
• Warehouse & Logistics
• Defense & Security