The mobile robotics software market size is expected to see rapid growth in the next few years. It will grow to $26.01 billion in 2028 at a compound annual growth rate (CAGR) of 12.3%. The anticipated growth in the forecast period can be attributed to several key factors. These include the proliferation of Internet of Things (IoT) technology, the expansion of e-commerce and logistics sectors, increasing adoption of automation in manufacturing and healthcare industries, growing demand for autonomous vehicles and drones, and advancements in cloud computing and edge computing capabilities. Major trends expected in the forecast period include the rise of collaborative robots (cobots), integration of artificial intelligence and machine learning for adaptive and predictive capabilities, expansion of autonomous mobile robots (AMRs) in logistics and warehousing, growth of service robots in healthcare and retail sectors, and the development of software solutions for swarm robotics and multi-robot coordination.
The projected surge in the mobile robotics software market is driven by the escalating demand for automation. Automation entails leveraging technologies to manufacture and deliver goods and services with minimal human intervention. Across industries, the demand for automation is on the rise as it offers various benefits such as cost reduction through enhanced efficiency, decreased labor expenses, error minimization, and optimized resource utilization. Mobile robotics software plays a pivotal role in facilitating automation, empowering firms to streamline processes, boost productivity, and maintain competitiveness in today's rapidly evolving business landscape. For instance, findings from the State of Process Automation Report 2022 by Camunda, a Germany-based open-source platform, revealed that over four in five respondents (82%) among 600 surveyed IT professionals from North America and Europe identified process automation as a higher priority for their organizations compared to the previous year. Hence, the increasing demand for automation serves as a catalyst for propelling the growth of the mobile robotics software market.
Key players in the mobile robotics software market are strategically focusing on developing technologically advanced solutions, such as plug-and-play integration software, to gain a competitive edge. Plug-and-play integration software refers to solutions that facilitate easy and seamless integration of various systems, devices, or software applications without necessitating extensive configuration or customization. For instance, in March 2023, Barcodes Group, a US-based technology company offering products, software, and services, unveiled its latest autonomous mobile robotics (AMR) portfolio featuring plug-and-play integration software. This upgraded platform caters to diverse applications, ranging from warehousing fulfillment to manufacturing, promising heightened efficiency and speed with minimal cost or infrastructure adjustments. The portfolio encompasses a range of 12 robot models alongside swift integration software, compatible fleet management software, and comprehensive deployment support, positioning Barcodes Group as an innovative leader in intelligent automation solutions.
In January 2024, ABB Group, a Switzerland-based automation firm, completed the acquisition of Sevensense for an undisclosed sum. This strategic move marks a significant step towards ABB's vision of a workplace where AI-powered robots collaborate with humans, addressing customer demands for enhanced adaptability and intelligence amidst significant skilled labor shortages. Sevensense, headquartered in Switzerland, specializes in AI-enabled 3D vision navigation technology for autonomous mobile robots (AMRs), aligning seamlessly with ABB's commitment to advancing automation technologies and driving innovation in the mobile robotics software market.
Major companies operating in the mobile robotics software market are Lockheed Martin Corporation, ABB Ltd., Omron Corporation, KUKA Group, iRobot Corporation, Universal Robots AS, Brain Corp., Locus Robotics Corporation, Aethon Inc., Fetch Robotics Inc., Liquid Robotics Inc., ROBOTIS Co. Ltd., SEER Robotics Corporation, Realtime Robotics Inc, Neurala Inc., Accelerated Dynamics X Ltd., EZ-Robot Inc., GeckoSystems International Corporation, Metrologic Group, RUVU Robotics Corporation, HG Robotics, Asimov Robotics Pvt. Ltd., Energid Technologies Corporation, iQuotient Robotics LLC, ZOUDA Studios Limited.
North America was the largest region in the mobile robotics software market in 2023. The regions covered in the mobile robotics software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the mobile robotics software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Mobile robotics software comprises specialized systems and applications crafted to control and oversee the functionality of mobile robots. These software solutions govern the operation, navigation, and management of autonomous or semi-autonomous robotic platforms capable of movement and traversal across diverse environments such as warehouses, hospitals, agricultural fields, and outdoor landscapes.
The primary types of mobile robotics software encompass land or home robots (UGVs), aerial robots (UAVs), and underwater robots (AUVs). Land or home robots, also referred to as unmanned ground vehicles (UGVs), are robotic systems engineered to operate on land surfaces autonomously or semi-autonomously, without direct human intervention. These systems leverage various technologies including artificial intelligence (AI) and machine learning, computer vision, sensors and actuators, navigation, and mapping. They find applications across multiple sectors such as delivery and transportation, agriculture and industry, medical, entertainment, and others. Mobile robotics software caters to a range of end-users including military and defense, commercial enterprises, and consumers.
The mobile robotics software market research report is one of a series of new reports that provides mobile robotics software market statistics, including mobile robotics software industry global market size, regional shares, competitors with mobile robotics software market share, detailed mobile robotics software market segments, market trends, and opportunities, and any further data you may need to thrive in the mobile robotics software industry. This mobile robotics software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The mobile robotics software market includes revenues earned by entities by providing software licensing, subscription services, autonomous navigation, and localization and mapping (SLAM) algorithms. The market value includes the value of related goods sold by the service provider or included within the service offering. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
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Table of Contents
Executive Summary
Mobile Robotics Software Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on mobile robotics software market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for mobile robotics software ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The mobile robotics software market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Land Or Home Robots (UGVs); Aerial Robots (UAVs); Underwater Robots (AUVs)2) By Technology: AI And Machine Learning; Computer Vision; Sensors And Actuators; Navigation And Mapping.
3) By Application: Delivery And Transportation; Agriculture And Industrial; Medical; Entertainment; Other Applications.
4) By End-User: Military And Defense; Commercial; Consumer
Key Companies Mentioned: Lockheed Martin Corporation; ABB Ltd.; Omron Corporation; KUKA Group; iRobot Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Lockheed Martin Corporation
- ABB Ltd.
- Omron Corporation
- KUKA Group
- iRobot Corporation
- Universal Robots AS
- Brain Corp.
- Locus Robotics Corporation
- Aethon Inc.
- Fetch Robotics Inc.
- Liquid Robotics Inc.
- ROBOTIS Co. Ltd.
- SEER Robotics Corporation
- Realtime Robotics Inc
- Neurala Inc.
- Accelerated Dynamics X Ltd.
- EZ-Robot Inc.
- GeckoSystems International Corporation
- Metrologic Group
- RUVU Robotics Corporation
- HG Robotics
- Asimov Robotics Pvt. Ltd.
- Energid Technologies Corporation
- iQuotient Robotics LLC
- ZOUDA Studios Limited
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | May 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 16.37 Billion |
Forecasted Market Value ( USD | $ 26.01 Billion |
Compound Annual Growth Rate | 12.3% |
Regions Covered | Global |
No. of Companies Mentioned | 25 |