The Global Mobile Robotics Market size is expected to reach $104.7 billion by 2031, rising at a market growth of 23.5% CAGR during the forecast period.
Mobile robots require sophisticated control systems to operate autonomously or semi-autonomously in dynamic and unpredictable environments. Therefore, the control system segment captured $3,112.6 million revenue in the market in 2023. These control systems govern the robot’s behavior, decision-making processes, and interaction with its surroundings. The need for sophisticated control systems is rising with automation and autonomy in mobile robotics across various industries.
The major strategies followed by the market participants are Product Launches and Product Expansions as the key developmental strategy to keep pace with the changing demands of end users. For instance, In April, 2024, iRobot Corporation introduced the Roomba Combo Essential robot, a user-friendly and cost-effective 2-in-1 robot vacuum and mop. The new product offers increased suction power and an additional mopping function as compared to Roomba 600 Series. Additionally, In February, 2024, KUKA AG unveiled its KR FORTEC industrial robot. The new product has an extended arm with an impressive reach of 145 inches (368.3 cm) and the capability to manage payloads of up to 529 pounds (240 kg).
Many industries are facing challenges related to labour shortages, demographic shifts, and increasing labour costs. As the pool of available skilled workers diminishes and wage rates rise, businesses seek alternatives to manual labour to maintain competitiveness and meet production demands. Hence, the rising demand for automation is propelling the market’s growth.
The market competition in the Mobile Robotics Market is intense and dynamic, characterized by the presence of numerous established players as well as emerging startups. These companies compete fiercely to innovate and develop cutting-edge robotic solutions tailored to various industries and applications. Key players in the market continually strive to enhance their product portfolios, expand their geographical presence, and strengthen their technological capabilities to maintain their competitive edge.
Mobile robots require sophisticated control systems to operate autonomously or semi-autonomously in dynamic and unpredictable environments. Therefore, the control system segment captured $3,112.6 million revenue in the market in 2023. These control systems govern the robot’s behavior, decision-making processes, and interaction with its surroundings. The need for sophisticated control systems is rising with automation and autonomy in mobile robotics across various industries.
The major strategies followed by the market participants are Product Launches and Product Expansions as the key developmental strategy to keep pace with the changing demands of end users. For instance, In April, 2024, iRobot Corporation introduced the Roomba Combo Essential robot, a user-friendly and cost-effective 2-in-1 robot vacuum and mop. The new product offers increased suction power and an additional mopping function as compared to Roomba 600 Series. Additionally, In February, 2024, KUKA AG unveiled its KR FORTEC industrial robot. The new product has an extended arm with an impressive reach of 145 inches (368.3 cm) and the capability to manage payloads of up to 529 pounds (240 kg).
Cardinal Matrix - Market Competition Analysis
Based on the Analysis presented in the Cardinal matrix; Hyundai Motor Company is the forerunner in the market. In January, 2022, Hyundai Motor Company launched the Plug & Drive (PnD) modular platform, designed to facilitate the movement of traditionally stationary objects, ranging from small items to extensive communal areas. The new product represents a comprehensive mobility solution integrating intelligent steering, braking, in-wheel electric drive, and suspension hardware. With this platform, PnD modules can be affixed to various objects, including tables and containers, offering enhanced mobility options and expandability. Companies such as Lockheed Martin Corporation, Honda Motor Co. Ltd., ABB Group are some of the key innovators in the market.
Market Growth Factors
Many industries, such as manufacturing, construction, mining, and oil and gas, involve working in hazardous environments where human safety is at risk due to extreme temperatures, high-pressure environments, toxic substances, or radiation exposure. Therefore, the increased necessity for human life safety drives the market’s growth.Many industries are facing challenges related to labour shortages, demographic shifts, and increasing labour costs. As the pool of available skilled workers diminishes and wage rates rise, businesses seek alternatives to manual labour to maintain competitiveness and meet production demands. Hence, the rising demand for automation is propelling the market’s growth.
Market Restraining Factors
The primary component of the initial investment in mobile robotics is the hardware itself, including the robot platform, sensors, actuators, manipulators, and onboard computing systems. These components can be expensive, particularly for advanced mobile robots with sophisticated sensors, navigation systems, and AI capabilities. Thus, high initial investment costs are impeding the market’s growth.Component Analysis
By component, the market is divided into hardware, software, and support & service. In 2023, the hardware segment registered 64.8% revenue share in the market. Hardware constitutes the physical components of mobile robotics systems, including sensors, actuators, motors, chassis, and other mechanical and electronic parts.
Hardware Analysis
The hardware segment is further subdivided into sensor, control system, power supply, actuator, and others. In 2023, the sensor segment attained 37.1% revenue share in the market. Sensors are crucial in enabling mobile robots to perceive and understand their environment. They provide robots with essential information about their surroundings, including obstacles, terrain, objects, and environmental conditions.Product Analysis
Based on product, the market is categorized into unmanned ground vehicle (UGV), unmanned aerial vehicle (UAV), and autonomous underwater vehicle (AUV). The unmanned ground vehicle (UGV) segment witnessed 34.9% revenue share in the market in 2023. UGVs are employed in tasks that involve hazardous environments, such as search and rescue operations, bomb disposal, and reconnaissance in military and law enforcement applications.Application Analysis
On the basis of application, the market is segmented into logistics & warehousing, military & defense, healthcare, domestic, education & entertainment, agriculture and forestry, and others. In 2023, the domestic segment procured 16.5% revenue share in the market. The rise of smart home technology has created opportunities for mobile robots to integrate seamlessly into the domestic environment.Domestic Analysis
The domestic segment is subdivided into floor cleaning robots, lawn cleaning robots, pool cleaning robots, window cleaning robots, and others. In 2023, the floor cleaning robots segment garnered 42.1% revenue share in the market. Floor cleaning is a repetitive and time-consuming task that requires significant effort and resources, particularly in large commercial spaces or high-traffic areas.By Regional Analysis
Region-wise, the market is analysed across North America, Europe, Asia Pacific, and LAMEA. The North America region witnessed 34.9% revenue share in the market in 2023. North America is a hub for technological innovation and development, with a robust ecosystem of research institutions, universities, and technology companies driving advancements in robotics.Market Competition and Attributes
The market competition in the Mobile Robotics Market is intense and dynamic, characterized by the presence of numerous established players as well as emerging startups. These companies compete fiercely to innovate and develop cutting-edge robotic solutions tailored to various industries and applications. Key players in the market continually strive to enhance their product portfolios, expand their geographical presence, and strengthen their technological capabilities to maintain their competitive edge.
Recent Strategies Deployed in the Market
- Apr-2024: iRobot Corporation introduced the Roomba Combo Essential robot, a user-friendly and cost-effective 2-in-1 robot vacuum and mop. The new product offers increased suction power and an additional mopping function as compared to Roomba 600 Series. This model boasts 18 times more suction power than its predecessors and introduces the capability to clean in organized rows, along with customizable suction and liquid settings.
- Feb-2024: KUKA AG unveiled its KR FORTEC industrial robot. The new product has an extended arm with an impressive reach of 145 inches (368.3 cm) and the capability to manage payloads of up to 529 pounds (240 kg). The new product has a compact design and is well-suited for a variety of applications, including handling and spot-welding tasks.
- Dec-2023: ABB Group formed a partnership with Shenzhen Jingtai Technology Co., Ltd., a quantum physics-based, AI-powered drug R&D company. Under this partnership, ABB Group leveraged its collaborative robots within the life sciences domain, further expanding its presence and impact in this sector.
- Oct-2023: SoftBank Robotics Group formed a partnership with Shenzhen Pudu Technology Co., Ltd., a worldwide-leading robotics company. Under this partnership, the companies elevated the commercial service robotics industry, combining SoftBank Robotic's expertise in the Japanese market with Pudu's product and technology advantages in delivery robot and cleaning robot.
- Jul-2021: ABB Group completed the acquisition of ASTI Mobile Robotics Group, a prominent global manufacturer of autonomous mobile robots (AMRs). Through this acquisition, ABB Group broadened its range of robotics and automation solutions, positioning it as the sole provider offering a comprehensive portfolio for the forthcoming era of adaptable automation.
List of Key Companies Profiled
- Kuka AG (Midea Group Co., Ltd.)
- Honda Motor Co. Ltd.
- Northrop Grumman Corporation
- iRobot Corporation
- Lockheed Martin Corporation
- SoftBank Robotics Group (SoftBank Group Corporation)
- Kongsberg Group
- Ubtech Robotics Corp. Ltd.
- Hyundai Motor Company
- ABB Group
Market Report Segmentation
By Component
- Hardware
- Sensor
- Control System
- Power Supply
- Actuator
- Others
- Software
- Support & Service
By Product
- Unmanned Aerial Vehicle (UAV)
- Unmanned Ground Vehicle (UGV)
- Autonomous Underwater Vehicle (AUV)
By Application
- Logistics & Warehousing
- Education & Entertainment
- Domestic
- Floor Cleaning Robots
- Lawn Cleaning Robots
- Pool Cleaning Robots
- Window Cleaning Robots
- Others
- Military & Defense
- Agriculture & Forestry
- Healthcare
- Others
By Geography
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. Global Mobile Robotics Market by Component
Chapter 6. Global Mobile Robotics Market by Product
Chapter 7. Global Mobile Robotics Market by Application
Chapter 8. Global Mobile Robotics Market by Region
Chapter 9. Company Profiles
Companies Mentioned
- Kuka AG (Midea Group Co., Ltd.)
- Honda Motor Co. Ltd.
- Northrop Grumman Corporation
- iRobot Corporation
- Lockheed Martin Corporation
- SoftBank Robotics Group (SoftBank Group Corporation)
- Kongsberg Group
- Ubtech Robotics Corp. Ltd.
- Hyundai Motor Company
- ABB Group
Methodology
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