Market Factors At Play
· Mobile robotics is a rapidly developing solution-oriented branch. Mobile robots are movable robots that can move around in a physical environment to meet end-user demands and can be controlled using devices such as sensors, software, etc. It finds usage in medical and surgical applications, personal assistance, security, applications for warehousing and distribution, ocean, and space exploration.
· Mobile robotics has instilled the ability to disarm roadside bombs, helping to counter the threat of increased terrorist attacks. Additionally, government investments to encourage the adoption of mobile robots for strengthening the country’s defense is expected to positively impact the market.
· The rising use of robots in industrial and technological sectors coupled with advancements in sensors used for navigation and increased reliance on autonomous vehicles are key factors for the growth of the global mobile robotics market.
· The demand for mobile robots such as lawnmower and personal vacuum cleaners are fuelled by the availability of open-source software platforms and lower prices for sensors and cameras. The market for mobile robotics is anticipated to expand due to this integration of mobile robots with mobile technology and intelligent devices.
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Region Specific Insights
· Due to the adoption of robotic technology for manufacturing, the expansion of self-driving cars and the use of mobile robots for transportation, manufacturing, various other industries, the North American region is projected to be a major contributor to the global mobile robotics market.
· In January 2020, Dimer UVC Innovations offered new germ-killing mobile robots to disinfect airplanes at key U.S. airports to protect passengers from COVID-19 pandemic.
· In January 2019, Badger Technologies launched a grocery store mobile robot named Marty, that alerts shoppers to potential hazards such as spills.
· In May 2020, Boston Dynamics announced a partnership with Vinsa, a leader in customized computer vision solutions to bring new visual AI use cases to Spot, Boston Dynamics’ quadruped robotic platform, as well as other robotics using visual AI. When combined with state-of-the-art robotics such as Spot, Vinsa’s Intelligence Models can be deployed in as little as 30–45 days, and realize incremental ROI by reducing operational costs.