Mobile Robots Market By Type (Personal & Domestic Robots, Professional), By Application (Manufacturing, Cleaning, Educational, Agricultural, LifeSciences and Healthcare, Warehousing & Logistics), and by Region; Global Insights & Forecast (2024 – 2030)

As per Intent Market Research, the Mobile Robots Market was valued at USD 19.3 billion in 2023-e and will surpass USD 49.3 billion by 2030; growing at a CAGR of 14.4% during 2024 - 2030.

The mobile robots market is rapidly evolving, fueled by advancements in automation technologies and the increasing demand for efficient, flexible solutions across various industries. Mobile robots, capable of navigating autonomously in dynamic environments, are being deployed in sectors such as manufacturing, logistics, healthcare, and retail. As organizations seek to enhance operational efficiency, reduce labor costs, and improve safety, the adoption of mobile robots has surged.

The growth of the mobile robots market is driven by several factors, including the rising trend of Industry 4.0, advancements in artificial intelligence (AI) and machine learning, and the increasing need for contactless solutions in the post-pandemic world. As businesses continue to invest in automation and robotics to streamline their operations, mobile robots are becoming integral to enhancing productivity and achieving strategic goals. This overview will explore key subsegments of the mobile robots market, highlighting areas of significant growth and innovation.

Logistics and Warehousing Segment is Largest Owing to E-Commerce Boom

The logistics and warehousing segment is the largest within the mobile robots market, primarily driven by the explosive growth of e-commerce and the increasing demand for efficient supply chain solutions. Mobile robots, such as Automated Guided Vehicles (AGVs) and Autonomous Mobile Robots (AMRs), are widely used in warehouses for tasks such as inventory management, picking, and transporting goods. The ability of these robots to operate continuously without fatigue enables businesses to enhance productivity and reduce operational costs significantly.

This segment is expected to maintain its dominance, with an anticipated CAGR of approximately 22% through 2030. The ongoing digital transformation in supply chains, coupled with the rising need for faster and more efficient order fulfillment, will further drive the adoption of mobile robots in logistics and warehousing. As companies look to optimize their operations and respond to changing consumer demands, the logistics sector will continue to be a primary driver of mobile robot technology.

Healthcare Segment is Fastest Growing Owing to Demand for Automation

The healthcare segment is witnessing the fastest growth within the mobile robots market, driven by the increasing demand for automation and efficient patient care solutions. Mobile robots in healthcare are deployed for various applications, including disinfecting hospital environments, transporting medications and supplies, and assisting with patient mobility. The COVID-19 pandemic has accelerated the adoption of robotics in healthcare settings as hospitals seek to minimize human contact and enhance safety protocols.

This segment is projected to grow at an impressive CAGR of approximately 25% during the forecast period, reflecting the urgent need for innovative solutions that improve operational efficiency and patient outcomes. The integration of mobile robots in healthcare not only streamlines processes but also allows medical staff to focus on critical tasks, ultimately improving the overall quality of care. As healthcare facilities continue to embrace technological advancements, the role of mobile robots in enhancing patient care will be paramount.

Manufacturing Segment is Largest Owing to Increased Automation Needs

The manufacturing segment is recognized as one of the largest within the mobile robots market, primarily due to the increasing need for automation and efficiency in production processes. Mobile robots are extensively used in manufacturing environments for tasks such as assembly, material handling, and quality control. Their ability to operate alongside human workers without the need for physical barriers enhances flexibility and productivity on the production floor.

As manufacturers continue to adopt smart manufacturing practices and Industry 4.0 technologies, the mobile robots segment is expected to grow steadily, with a projected CAGR of around 18% from 2024 to 2030. The push for enhanced operational efficiency, reduced lead times, and improved safety standards will drive the demand for mobile robots in manufacturing settings. The continuous development of advanced robotics technologies will further solidify the manufacturing sector's reliance on mobile automation solutions.

Retail Segment is Fastest Growing Owing to Enhanced Customer Experience

The retail segment is emerging as the fastest-growing area within the mobile robots market, driven by the increasing emphasis on enhancing customer experience and operational efficiency. Mobile robots in retail are used for various applications, including inventory management, shelf scanning, and customer assistance. By automating routine tasks, retailers can improve inventory accuracy, reduce labor costs, and offer a more personalized shopping experience.

This segment is projected to grow at an astonishing CAGR of approximately 27% during the forecast period, reflecting the industry's shift towards adopting advanced technologies to meet changing consumer preferences. The integration of mobile robots in retail environments not only streamlines operations but also provides valuable insights into customer behavior and preferences. As retailers increasingly leverage automation to improve operational efficiency and customer satisfaction, the retail segment will play a crucial role in the growth of the mobile robots market.

Asia-Pacific Region is Fastest Growing Owing to Rapid Industrialization

The Asia-Pacific region is the fastest-growing market for mobile robots, driven by rapid industrialization, technological advancements, and a burgeoning e-commerce sector. Countries such as China, Japan, and South Korea are at the forefront of adopting automation and robotics technologies across various industries, including logistics, manufacturing, and healthcare. The increasing focus on enhancing operational efficiency and productivity in the region's manufacturing and logistics sectors is significantly propelling the demand for mobile robots.

The Asia-Pacific region is projected to experience a CAGR of approximately 23% from 2024 to 2030, reflecting the ongoing digital transformation and investment in smart technologies. As organizations in the region prioritize automation to streamline operations and respond to competitive pressures, the mobile robots market will witness substantial growth. The region's commitment to innovation and technological development will position it as a key player in shaping the future of mobile robotics.

Competitive Landscape and Leading Companies

The mobile robots market is characterized by intense competition, with numerous players striving for market share through innovation, strategic partnerships, and technological advancements. The leading companies in this sector include:

1. ABB Ltd. - A global leader in automation and robotics, ABB offers a range of mobile robotic solutions for manufacturing, logistics, and warehousing applications.
2. KUKA AG - Known for its industrial robots, KUKA also develops mobile robots for logistics and material handling, focusing on enhancing operational efficiency.
3. Amazon Robotics - A subsidiary of Amazon, this company specializes in mobile robotics solutions for warehouses, revolutionizing order fulfillment and inventory management.
4. Boston Dynamics, Inc. - Renowned for its advanced robotic technologies, Boston Dynamics offers mobile robots capable of performing complex tasks in various environments.
5. Fanuc Corporation - A leading manufacturer of industrial robots, Fanuc develops mobile robotic solutions for manufacturing and logistics applications.
6. Yaskawa Electric Corporation - Yaskawa provides a variety of robotic solutions, including mobile robots for manufacturing and warehousing, with a focus on automation.
7. Locus Robotics - Specializing in warehouse automation, Locus Robotics offers autonomous mobile robots designed to optimize order fulfillment processes.
8. GrayOrange - This company develops AI-powered mobile robots for warehouse automation, focusing on improving efficiency and reducing operational costs.
9. Clearpath Robotics - Clearpath provides autonomous mobile robots for research and industrial applications, emphasizing safety and reliability in various environments.
10. Omron Corporation - A global leader in automation technology, Omron offers mobile robotics solutions for logistics, manufacturing, and healthcare applications.

The competitive landscape is marked by continuous innovation and collaboration, as companies strive to develop cutting-edge mobile robotic solutions that address the evolving needs of various industries. As the mobile robots market continues to grow, organizations will increasingly prioritize investments in advanced technologies to enhance their operational capabilities and maintain a competitive edge.

Report Objectives:

The report will help you answer some of the most critical questions in the Mobile Robots Market. A few of them are as follows:

1. What are the key drivers, restraints, opportunities, and challenges influencing the market growth?
2. What are the prevailing technology trends in the mobile robots market?
3. What is the size of the mobile robots market based on segments, sub-segments, and regions?
4. What is the size of different market segments across key regions: North America, Europe, Asia Pacific, Latin America, Middle East & Africa?
5. What are the market opportunities for stakeholders after analyzing key market trends?
6. Who are the leading market players and what are their market share and core competencies?
7. What is the degree of competition in the market and what are the key growth strategies adopted by leading players?
8. What is the competitive landscape of the market, including market share analysis, revenue analysis, and a ranking of key players?

Report Scope: