keyboard_arrow_up

Increased Deployment of Mobile Robots in Emerging Countries Fuelling Growth in the Global Mobile Robotics Market

Reportstack has announced a new market research report on the Global Mobile Robotics Market 2015-2019, which is expected to grow at a CAGR of 12.63 percent during the forecast period of 2014-2019.

There has been a quick escalation in the demand for mobile robots because of their adoption in technical and industrial applications. Several end-user industries are utilizing the services of mobile robots because of their reliability, accessibility, and low cost. These robots are commonly used for surveillance, inspection, and transportation. Mobile robots are most effective in repetitive tasks, which help workers to focus more on high-value tasks improving operational efficiency.

“The rapid industrialization of emerging economies such as China, India, Brazil, and South Korea has led to increased demand for mobile robots,”.

“To increase production and give stiff competition to foreign players, companies across industries such as Automotive, Food and Beverages, Healthcare, and Logistics are adopting mobile robots.”

Key Market Drivers

Increased Demand from Aging Population
Increased Use of Mobile Robots in Emerging Countries
Demand for Superior-quality Products at Reduced Prices

Key Market Trends

Increased Focus on R&D
Increased Demand from APAC Region
Increase in M&A

Key Market Vendors

Adept Technology Inc.
GeckoSystems Intl. Corp.
Honda Motor Co. Ltd.
iRobot Corp.
KUKA Aktiengesellschaft

To define the market circumstances in the next 3-4 years, the analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.

Complete report available @ Global Mobile Robotics market 2015-2019.