Robohub.org
 

12.6% CAGR forecast for mobile robotics market

by
21 June 2014



share this:
13pc-cagr_560_290_80_s_c1

A recent $4,800 Transparency Market Research report forecasts that for the period from now until 2019, the global mobile robotics market will grow at a 12.6% CAGR.

Revenue is expected to grow from $6.2 billion in 2012 to $14.3 billion in 2019.

The report limited its scope to four segments:

  • Unmanned Ground Vehicles (UGVs)
  • Unmanned Aerial Vehicles (UAVs)
  • Unmanned Marine Surface Vehicles (USVs)
  • Autonomous Underwater Vehicles (AUVs).

UGVs, including AGVs, is the largest segment followed by AUVs. Increasing use of AGVs in warehousing and distribution applications and growing demand for UAVs in defense and security applications are the key factors driving growth during the forecast period.

Increasing use of mobile robots such as lawn movers and vacuum cleaners for domestic applications is also contributing to growth of this market. Decreasing cost of sensors and cameras is also expected to propel the market forward. In addition, the U.S government has promised to pass regulations allowing the usage of UAVs for civilian purposes by the end of 2015, also contributing to the market growth over the forecast period.

The report reviewed many market players including iRobot Corporation, KUKA Robotics, Adept Technology, Barrett Technology, Swisslog, John Deere, Amazon, Seegrid Corp., GeckoSystems Intl. Corp., Honda Motor Co. Ltd., Google, Bossa Nova robotics, Aethon, Harvest Automation, Kongsberg Maritime, ECA robotics, Northrop Grumman, Bluefin Robotics, and QinetiQ among others.



tags:


Frank Tobe is the owner and publisher of The Robot Report, and is also a panel member for Robohub's Robotics by Invitation series.
Frank Tobe is the owner and publisher of The Robot Report, and is also a panel member for Robohub's Robotics by Invitation series.





Related posts :



Open Robotics Launches the Open Source Robotics Alliance

The Open Source Robotics Foundation (OSRF) is pleased to announce the creation of the Open Source Robotics Alliance (OSRA), a new initiative to strengthen the governance of our open-source robotics so...

Robot Talk Episode 77 – Patricia Shaw

In the latest episode of the Robot Talk podcast, Claire chatted to Patricia Shaw from Aberystwyth University all about home assistance robots, and robot learning and development.
18 March 2024, by

Robot Talk Episode 64 – Rav Chunilal

In the latest episode of the Robot Talk podcast, Claire chatted to Rav Chunilal from Sellafield all about robotics and AI for nuclear decommissioning.
31 December 2023, by

AI holidays 2023

Thanks to those that sent and suggested AI and robotics-themed holiday videos, images, and stories. Here’s a sample to get you into the spirit this season....
31 December 2023, by and

Faced with dwindling bee colonies, scientists are arming queens with robots and smart hives

By Farshad Arvin, Martin Stefanec, and Tomas Krajnik Be it the news or the dwindling number of creatures hitting your windscreens, it will not have evaded you that the insect world in bad shape. ...
31 December 2023, by

Robot Talk Episode 63 – Ayse Kucukyilmaz

In the latest episode of the Robot Talk podcast, Claire chatted to Ayse Kucukyilmaz from the University of Nottingham about collaboration, conflict and failure in human-robot interactions.
31 December 2023, by





Robohub is supported by:




Would you like to learn how to tell impactful stories about your robot or AI system?


scicomm
training the next generation of science communicators in robotics & AI


©2024 - Association for the Understanding of Artificial Intelligence


 












©2021 - ROBOTS Association