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The global mobile robots market was valued at USD 4,438.9 Million in 2014 and it is expected to reach USD 10,605.4 Milli

The global mobile robots market was valued at USD 4,438.9 Million in 2014 and it is expected to reach USD 10,605.4 Million by 2020, at an estimated CAGR of 16.31% between 2015 and 2020.

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The global mobile robots market was valued at USD 4,438.9 Million in 2014 and it is expected to reach USD 10,605.4 Milli

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  1. Mobile Robots Market worth 10,605.4 Million USD by 2020 According to a new market research report on the "Mobile Robots Market by Environment (Aerial, Ground, and Marine), Component (Hardware and Software), Application (Professional Service and Personal Service), and Geography (North America, Europe, Asia-Pacific, and the RoW) - Global Forecast to 2020", the Mobile Robots Market is expected to grow at a CAGR of 16.31% between 2015 and 2020, and reach USD 10,605.4 Million by 2020. The global mobile robots market was valued at USD 4,438.9 Million in 2014 and it is expected to reach USD 10,605.4 Million by 2020, at an estimated CAGR of 16.31% between 2015 and 2020. The professional service sector constituted the largest application for the mobile robots market in 2014 and it is expected to continue to grow at a significant rate because of the increasing applications, such as logistics, inspection & maintenance, telepresence, and field robots across the globe. In the personal service application segment, the market for mobile robots is expected to be driven by the increase in the adoption of robots from applications in educational institutions, domestic tasks, and robotic pets.

  2. Speak to Analyst @ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=43703276 The Mobile Robots Market players have been focusing on the innovations in terms of technological advancements to cater to the specific needs of several industries and to increase the safety of these robots. Personal services such as personal assistance and rehabilitation systems are the emerging application in the personal service application segment, as robots provide assistance, especially to elderly people or patients. The potential applications of mobile robots in the professional service application segment are inspection & maintenance robots, telepresence robots, commercial drones, logistics robots and field robots. The market for these applications is expected to grow at a significant rate during the forecast period, because of the increasing adoption of the mobile robots due to the decline in the prices of several robotics components such as sensors, actuators, and others. Furthermore, these systems have been able to overcome the difficulties faced by humans in saving costs and time apart from avoiding danger in several applications. Inquire for Queries http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=43703276 North America was the largest market for the mobile robots in 2014 with a share of 49.19%. However, the Asia-Pacific market is expected to be the fastest-growing mobile robotics market, followed by the European market which is also among the major regions that plays a significant role in the growth of the mobile robots market during the forecast period. The growth of the market in North America is expected to be largely driven by the U.S., which accounted for 76.45% of the total

  3. North American mobile robots market in 2014. The Asia-Pacific market is expected to be driven by its key markets such as Japan, China, South Korea, and India. The market would also be fuelled by the increase in focus of the major global mobile robots vendors to expand their product and service offerings in the Asia-Pacific region, as this region is expected to witness a significant growth in terms of the adoption of mobile robots over the next decade. The report describes the market dynamics that include the key drivers, restraints, challenges, and opportunities with respect to the mobile robots market and it forecasts the market till 2020. This global report provides a detailed view of the mobile robots market across environments, components, applications, and geographies. The report also profiles the prominent players in the mobile robots market along with their key growth strategies. The competitive landscape of the market analyses a large number of players with their market share. The market is witnessing numerous collaborations and partnerships across the value chain, to cater to various industries in different geographies. The major companies in the global mobile robots market that have been included in this report are iRobot Corporation (U.S.), KUKA AG (Germany), Amazon.Com, Inc. (U.S.), Google, Inc. (U.S.), Bluefin Robotics Corporation (U.S.), Adept Technology, Inc. (U.S.), GeckoSystems Intl. Corp. (U.S.), Northrop Grumman Corporation (U.S.), ECA Group (France), and Honda Motor Co., Ltd. (Japan), and others.

  4. About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Mr. Rohan Markets and Markets 701 Pike Street Suite 2175, Seattle, WA 98101, United States USA : 1-888-600-6441 Email: sales@marketsandmarkets.com

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