Initially, the usage of mobile robots was limited to manufacturing, logistics and warehouse departments for material handling and pick and place jobs. However, over the years, autonomous mobile robots have been being used for a variety of tasks apart from just working in warehouses and manufacturing units. Currently, these robots can be seen in working in medical facilities, hotels and restaurant, field, package delivery, educational institute, and others.
Before a firm venture into a forthcoming market, it is important for it to consider certain factors that can be helpful in its establishment as a strong player in the industry. The market dynamics section of the report provides an in-depth understanding of the direction in which the market is heading as well as the impact of the various factors. These diverse factors govern the demand and supply of products in the mobile robot market. This section covers the market dynamics – drivers, challenges, and opportunities for the global mobile robot market by listing and analyzing several factors that have positive or negative effects upon the industry.
Robots are typically used for tasks which are considered dull, dirty, and dangerous for human beings. Mobile robots offer great safety benefits for human workers. The use of mobile robots in hazardous working conditions puts the workers out of risk by preventing injuries and adverse health effects. For example, musculoskeletal disorders, which happen due to repetitive or awkward motions, can be avoided by using mobile robots. In addition, mobile robots are being used in hospital to treat the COVID-19 patients in order to safeguard the medical staff from getting infected.
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Error can be stemmed by using more and more robots and relieving humans of monotonous jobs, where they are bound to make mistakes after a certain time. It has been observed that jobs involving repetition of a certain task can make a human less alert at work, thus increasing the chances of errors. However, mobile robots can perform monotonous jobs with the same level of accuracy and speed throughout the time period of the job without any error.
The mobile robot market is segmented based on regions into North America, Europe, Asia-Pacific, and Rest-of-the-World. The geographical segmentation is further classified based on countries across several regions to understand the potential of the mobile robot market. The chapter focuses on a country-level analysis and provides the market size of various mobile robots in terms of volume and value. The chapter identifies the key growth enablers based on a detailed push-and-pull force analysis. The segment analyzes the ongoing trends in the mobile robot market in the major geographical regions by probing into macro and micro growth factors, and the significant initiatives taken by robotics companies in their respective regions.
UPCOMING INDUSTRY TRENDS 