Authored By: Sarah
27 Jan 2021

Mobile Robot Charging Station Market Size to Grow by 25764.00 units through 2021-2025 | Forecast and Trend Analysis

Technavio has been monitoring the mobile robot charging station market and it is expected to grow by 25764.00 units, accelerating at a CAGR of almost 11% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking View Free Sample Report

Mobile Robot Charging Station Market: Emerging Trends to Impact Market Growth

Increase in infrared systems for autonomous docking to emerge as a key trend in the industrial mobile robot charging station market. This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market in focus. This analysis will enable clients to assess their play in the market and plan for growth opportunities.

Mobile Robot Charging Station Market 2021-2025 | Segment Analysis and Growth Trends

Mobile Robot Charging Station Market: Vendor Analysis

The market is concentrated due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Clearpath Robotics Inc., Fetch Robotics Inc., Mobile Industrial Robots AS, Nidec Corp., OMRON Corp., PAL Robotics SL, Paul Vahle GmbH & Co. KG, RoadNarrows Robotics, SMP Robotics Systems Corp., and WiBotic are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio custom reports provide market insights at the global and regional level along with a pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

For more insights into this market:Download a Free Sample Report

The Global Mobile Robot Charging Station Market is expected to grow by 25764.00 units, accelerating at a CAGR of over 11% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus. View our Free Sample Report

Mobile Robot Charging Station Market: Segmentation by Application

The industrial application segment consisiting of Industries such as manufacturing, oil and gas, aerospace and defense, healthcare, and mining and minerals are deploying autonomous mobile robots on a large scale. This has led to the growth of the mobile robot charging station market in this segment. The commercial segment is also expected to gather momentum over the forecast period. This report provides an accurate prediction of the contribution of all the segments to the growth of the mobile robot charging station market size.   

Mobile Robot Charging Station Market 2021-2025 | Segment Analysis and Growth Trends

Mobile Robot Charging Station Market: Key Trends to Impact Market Growth

The increase in infrared systems for autonomous docking is one of the latest mobile robot charging station market trends. The infrared system is designed for robots, which enable them to identify the charging station easily on the floor. The robots and charging station are equipped with infrared cameras, which help them in identify infrared diodes installed in robots and improve the localization of charging on the shop floor.

Mobile Robot Charging Station Market 2021-2025 | Segment Analysis and Growth Trends

 

33% of the market growth will originate from North America during the forecast period. The US is one of the key markets for mobile robot charging station in North America. The growing focus on achieving excellence in manufacturing quality is one of the prime factors that will facilitate the mobile robot charging station market growth in North America over the forecast period. However, market growth in this region will be slower than the growth of the market in APAC, Europe, and MEA which are expected to witness significant growth over the forecast period.

Mobile Robot Charging Station Market: Vendor Analysis

The market is concentrated. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Clearpath Robotics Inc., Fetch Robotics Inc., Mobile Industrial Robots AS, Nidec Corp., OMRON Corp., PAL Robotics SL, Paul Vahle GmbH & Co. KG, RoadNarrows Robotics, SMP Robotics Systems Corp., and WiBotic are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio forecasts three scenarios (optimistic, probable, and pessimistic) to evaluate the impact of COVID-19 Download a Free Sample Report. This customized report will help clients keep up with new product launches in direct & indirect COVID-19 related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.

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