Authored By: Sarah
09 Jan 2025

Latest News- Mobile Robot Platforms Market: Software is expected to lead the Product segment during 2025-2029

The Mobile Robot Platforms Market is being driven by Changes in global labor force

The Mobile Robot Platforms Market is expected to grow at a CAGR of 19% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 3313 million. In the mobile robot platforms market, inefficiencies arise due to extended non-productive time caused by robots getting stuck in floor traffic. Current offerings utilize fleet management software with real-time traffic visualization and path planning capabilities. However, to enhance efficiency, vendors must introduce advanced mapping and layout modification solutions. Additionally, improvements in object recognition, categorization, and measurement for sensing and navigation systems are essential for optimizing current platforms. By incorporating real-time updates to maps and plans, and enhancing sensing and navigation capabilities, mobile robot platforms can significantly boost productivity and streamline operations. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

  • Product
    • Software
    • Services
    • Hardware
  • End-user
    • Logistics and warehousing
    • Manufacturing industries
    • Agriculture and mining
    • Medical and healthcare
    • Others
  • Geography
    • APAC
    • North America
    • Europe
    • Middle East and Africa
    • South America

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

  • Changes in global labor force
  • Miniaturization of sensors
  • Technological advances in mobile robot platforms

However, the market also witnesses some limitations, which are as follows:

  • High cost of deployment
  • Need for technical expertise
  • Uncertainty in regulatory environment

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Market Scope in Mobile Robot Platforms Market Research Report

Market Scope

Report Coverage

Details

Page number

211

Base year

2024

Historic period

2019-2023

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 19%

Market growth 2025-2029

USD 3313 million

Market structure

Fragmented

YoY growth 2024-2025(%)

15.5

Key countries

US, China, Germany, Japan, UK, South Korea, Canada, Brazil, France, and Saudi Arabia

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

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Research Analysis Overview

The Mobile Robot Platforms Market is experiencing significant growth due to the integration of advanced robotics and technologies such as artificial intelligence, computer vision, and computer science in diverse industries. Dynamic surroundings and changing conditions, particularly in agriculture and container terminals, are driving the demand for automated guided vehicles and connected solutions. The aging population and e-commerce activity are also contributing factors. Electric cars and costs are key considerations in this market, making efficiency a top priority. Advanced technologies are essential for navigating complex environments and adapting to diverse industry needs.

Market Research Overview

The Mobile Robot Platforms Market is a significant segment of the larger Industrial Machinery and Supplies and Components Market. This market encompasses businesses specializing in the production of advanced technologies, such as actuators and artificial intelligence, for Autonomous Mobile Robots (AMRs) and Automated Guided Vehicles (AGVs). Key growth drivers for this market include the aging population necessitating automation solutions in various industries, particularly in agriculture and manufacturing. Advanced algorithms and robotics are increasingly being adopted for autonomous movement, leading to increased efficiency and productivity. The global Industrial Machinery and Supplies and Components Market size is determined by the combined revenue generated by manufacturers of machinery and components used in industrial settings. Market expansion is anticipated due to the increasing demand for energy, chemicals, petrochemicals, pulp and paper products, and processed food and beverages in developing countries.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.


Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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