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Provided by AGPWilmington, Delaware, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Allied Market Research published a report, titled, "Mobile Robotics Market by Application (Logistics and Warehousing, Military and Defense, Healthcare, Domestic, Entertainment, Education, Agriculture and Forestry, and Others), Product (Unmanned Ground Vehicle (UGV), Unmanned Aerial Vehicle (UAV), and Autonomous Underwater Vehicle (AUV)), and Component (Hardware, Software, and Support and Service): Global Opportunity Analysis and Industry Forecast, 2024-2032". According to the report, the "mobile robotics market" was valued at $19.6 billion in 2023, and is estimated to reach $99.2 billion by 2032, growing at a CAGR of 19.8% from 2024 to 2032.
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Prime Determinants of Growth
The prime determinants of growth in the mobile robotics market include advancements in artificial intelligence (AI) and machine learning, which enhance the autonomy and capabilities of robots, along with increased demand for automation across industries such as manufacturing, healthcare, logistics, and agriculture. The growing need for efficiency, precision, and cost reduction in business operations, coupled with the rising adoption of Industry 4.0 technologies, is driving market expansion. Additionally, the declining cost of sensors, improved battery life, and the development of advanced navigation systems are making mobile robots more accessible to a wider range of applications. The increasing focus on safety, labor shortages, and evolving consumer expectations also contribute to the market’s growth,
Report Coverage & Details:
| Report Coverage | Details |
| Forecast Period | 2024–2032 |
| Base Year | 2023 |
| Market Size in 2023 | $19.6 billion |
| Market Size in 2032 | $99.2 billion |
| CAGR | 19.8% |
| No. of Pages in Report | 372 |
| Segments Covered | Platform, Technology, and Application, and Region. |
| Drivers |
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| Opportunities |
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| Restraint |
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Segment Highlights
By product, the unmanned ground vehicle (UGV) segment is the largest in the mobile robotics market in 2023, owing to its widespread use in industries such as logistics, manufacturing, and military for tasks like material handling, surveillance, and transport. UGVs are versatile, capable of navigating challenging environments, and are increasingly used in warehouses, factories, and outdoor terrains for automation. Their ability to perform repetitive and labor-intensive tasks has made them highly sought after in supply chains, agriculture, and military operations, contributing significantly to their market dominance.
Based on component, the hardware segment accounted for the major share in 2023, driven by the growing demand for advanced sensors, actuators, and processing units that are crucial for the operation and performance of mobile robots across various applications. As mobile robotics technology advances, the need for more sophisticated and high-performance hardware components like LiDAR, cameras, GPS systems, and robotic arms has increased. These components are vital for improving navigation, precision, and autonomy, further propelling the growth of the hardware segment in industries ranging from logistics to healthcare.
By application, the logistics and warehousing segment held the largest share in 2023, owing to the increasing adoption of mobile robots in e-commerce, supply chain management, and warehouse automation for efficient order fulfillment and material handling. The rapid growth of e-commerce and the need for faster, more accurate distribution systems have driven demand for autonomous robots to streamline sorting, picking, and packaging processes. Additionally, robots help reduce operational costs, improve safety, and ensure consistent workflow, making them essential in modern warehouses and distribution centers globally.
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Regional Outlook
In terms of revenue, Asia-Pacific dominated the market in 2023 and is expected to continue its growth during the forecast period, owing to rapid industrialization, technological advancements, and high demand for automation in countries like China, Japan, and South Korea. Asia-Pacific’s strong manufacturing base, coupled with government initiatives supporting automation and robotics, has made it a key region for mobile robotics. The region's focus on developing smart factories, autonomous delivery systems, and precision agriculture further fuels the adoption of mobile robotics in various sectors, ensuring continued dominance in the market.
Key Players: -
The report provides a detailed analysis of these key players in the global mobile robotics market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
Key Benefits For Stakeholders
Key Segments:
By Application
By Product
By Component
By Region:
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About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports Insights" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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