Mobile Robots Market by Environment - 2020

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MarketsandMarkets Presents
Mobile Robots Market worth 10,605.4 Million USD
by 2020
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
http//www.marketsandmarkets.com/Market-Reports/mo
bile-robots-market-43703276.html
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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. Browse 84 market data tables and 69
figures spread through 196 pages and in-depth TOC
on Mobile Robots Market - Global Forecast to
2020 "Early buyers will receive 10
customization on this report.
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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 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. PDF Brochure_at_ http//www.marketsand
markets.com/pdfdownload.asp?id43703276 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.
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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 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. Inquiry
Before Buying _at_ http//www.marketsandmarkets.com/E
nquiry_Before_Buying.asp?id43703276 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. 
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