Mobile Robotics Software Market will Expand Exponentially by 2024
Category: #business  By Ronak Bora  Date: 2021-12-09
  • share
  • Twitter
  • Facebook
  • LinkedIn
Mobile Robotics Software Market will Expand Exponentially by 2024

North America Mobile robotics software market is expected to grow at exponential growth rate, over 36% through 2024. This robust growth across the region can be attributed to extensive deployment of robots in the U.S. Moreover, heavy demand can be expected over the coming years owing to increasing use of robots for household applications, including lawn mowing, vacuum cleaning floors and carpets, etc. 

Increasing investments from robotic manufacturers coupled with extensive application in portable vacuum cleaners, delivery robots, telepresence robots, commercial UAVs, etc., is anticipated to propel mobile robotics software market growth over 2017-2024. Technological advancements targeted towards improving environment safety in a robot-driven setting is fueling the demand for mobile robotics software industry over the coming years.

Get sample copy of this research report @ https://www.decresearch.com/request-sample/detail/2030

Favorable government initiatives to integrate mobile robotics software systems to ensure safety of humans operating in  robot-driven settings will increase the demand for software solutions for customized applications over the analysis period. Emergence of startups based on mobile robotics technology is playing a major role in the growth of the market. Increased availability of low cost hardware on account of development of low cost, high quality sensors and other electronic parts has led to widespread deployment of robots in numerous end use cases, which is triggering mobile robotics software industry demand. In terms of revenue, mobile robotics software market size is forecast to exceed USD 3.5 billion by 2024.

Unmanned aerial vehicle or aerial robot product type is estimated to showcase exceptional growth rate of 19% over the analysis period, owing to growing demand from agriculture and logistics sectors. Favorable government initiatives, such as funding and subsidiaries has significantly increased number of agriculture drones and is expected to supplement mobile robotics software market share over the forecast timeline.

In 2016, ground mobile robotics software market generated a revenue of around USD 500 is estimated to hold a major portion of overall mobile robotics software business share over the analysis period. Extensive utilization of robots in defense sector and in other security applications will fuel product penetration, hence driving mobile robotics software industry growth.

APAC mobile robotics software market is forecast to showcase notable CAGR of more than 19% over the analysis period owing to rising awareness and utilization of mobile robotics across the region. Such exponential growth can  be accredited to increasing investment in developing UAVs (Unmanned aerial vehicle) for agricultural applications along with skyrocketing growth of startups in the region. Moreover, rapid production of advanced electronic product in regional countries and rising disposable income in emerging economies such as India and China will further boost penetration of mobile robotics software across the region.

Request for a Customization of this research report @ https://www.decresearch.com/roc/2030

Partial Chapter of the Table of Content

Chapter 4.   Mobile Robotics Software Market, By Product

4.1.  Global market share by product, 2016 & 2024

4.2.  Aerial (UAV)

4.2.1. Market estimates and forecast, 2013-2024

4.2.2. Market estimates and forecast, by region, 2013-2024

4.3.  Ground

4.3.1. Market estimates and forecast, 2013-2024

4.3.2. Market estimates and forecast, by region, 2013-2024

4.4.  Marine

4.4.1. Market estimates and forecast, 2013-2024

4.4.2. Market estimates and forecast, by region, 2013-2024

Charts & Figures

FIG 1    Mobile robotics software market segmentation

FIG 2    Industry landscape, 2013 - 2024 (USD Million)

FIG 3    Industry ecosystem analysis

FIG 4    Industry impact forces

FIG 5    Competitive landscape, 2016

FIG 6    Porter’s analysis

FIG 7    PESTEL analysis

FIG 8    Market share by product, 2016 & 2024

FIG 9    Market share by application, 2016 & 2024

FIG 10   Market share by region, 2016 & 2024

Browse complete Table of Contents (ToC) of this research report @ https://www.decresearch.com/toc/detail/mobile-robotics-software-market

  • share
  • Twitter
  • Facebook
  • LinkedIn

About Author

Ronak Bora

Ronak Bora    

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and spo...

Read More >>

More News By Ronak Bora

Electrical Conduit Market Statistics, Regional Growth & Forecast To 2024
Electrical Conduit Market Statistics, Regional Growth & Forecast To 2024
By Ronak Bora

Global electrical conduit market is poised to witness appreciable growth in the coming years owing to increasing efforts towards containing electric supply faults, health hazards, fire, and other operational breakdown. Electrical wiring is directly ...

GCC Natural Gas Market Outlook 2024 By Industry Players
GCC Natural Gas Market Outlook 2024 By Industry Players
By Ronak Bora

GCC natural gas market has been a recipient of the concerns related to energy security and climatic changes due to increasing fossil fuel consumption. In a bid to strengthen the regional sustainable energy scenario, GCC countries including Kuwait, UA...

Europe Residential Boiler Market | Opportunities, Key Trends & Growth Analysis To 2024
Europe Residential Boiler Market | Opportunities, Key Trends & Growth Analysis To 2024
By Ronak Bora

The shifting focus of European countries toward energy efficiency is certain to act as a driving force for Europe residential boiler industry. The increasing awareness about the adverse effects of fossil fuel consumption for energy generation has bee...