Global Autonomous Robots Market Synopsis:
As per the research by Market Research Future
Reports (MRFR), the global Autonomous Robots Market 2020 is majorly driven by
the rising adoption of Industry 4.0. As per the research by Market Research
Future Reports (MRFR), The increasing adoption of Industry 4.0 drives the
global autonomous robot market 2020 mostly. Rising trend in processing and
manufacturing process automation has spurred the growth of autonomous
industrial robotics. Growing applications and the introduction of autonomous vertical
warehouse and logistics industry has guided autonomous robot business
development.
Additionally, the adoption of autonomous robotics in
the self-driving car may boost the global autonomous robot market. In addition
, the increasing use of autonomous robots in the logistics and warehouses
industries has led to an expansion of the autonomous robot market. Increasing
military and space requirements for unmanned vehicles have positively impacted
the autonomous robots market. Recent trend in the autonomous robot market has
been the use of autonomous robots for food delivery. Factors such as government
regulations and security concerns regarding autonomous robots are currently
hampering the growth of the autonomous robot market.
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Market Segmentation
The global autonomous robot market can be classified
on the basis of mobile product, operation, end-user, and region.
On the basis of mobile products, the global
autonomous robot market can be classified into an unmanned aerial vehicle,
unmanned ground vehicle, and unmanned marine vehicle.
On the basis of operation, the global autonomous
robot market can be classified into autonomous and human-operated.
On the basis of end-user, the global autonomous
robots market can be classified into power & energy, industrial &
manufacturing, logistics & warehouse, forest & agriculture, aerospace
& defense, medical, oil & gas,
and mining & minerals.
On the basis of region, the global autonomous robot
market can be classified into North America, Europe, Asia -Pacific and RoW.
Regional Analysis
The geographical analysis of North America, Europe,
Asia-Pacific, and RoW has been conducted. As per the analysis by MRFR, North
America has projected to reign the global market during the forecast period.
The increasing demand from the logistics industry has resulted in a surge in
demand for autonomous robots in the region.
Besides, the increasing technological advancement in
robotics has additionally propelled the demand. Also, the rising focus on UAV
communication capabilities in the defense sector impacts the growth of the
regional market. Among all nations, the US leads the market along with
generating the highest revenue in the global autonomous robot market. Moreover,
the presence of established key players situated in the US provides a
subjugating hand in the global market.
Furthermore, the widening usage of UAVs has posed
several opportunities for expansion, and the immense expenditure on growing
military UAV activities has actuated the demand in the region. The second
position is attained by the APAC region. APAC consists of the two fastest
economies of the world, i.e., India and China,
which are investing immensely to enhance the military and commercial UAV
activities. Besides, the robust economic growth, rising research and
development, and the demand for advanced autonomous technology from automotive
and aircraft sectors are augmenting the regional market. As per the research,
India is likely to flourish during the review period.
Key Players
The forefront players of the global autonomous robot
market are Aviation Industry Corporation of China, Ltd. (China), Aethon Inc
(US), Bluefin Robotics (US), Clearpath
Robotics Inc. (Canada), Cimcorp Automation, Ltd.(US), Fetch Robotics, Inc. (the
US), Hi-Tech Robotic Systemz Ltd. (India), Gecko Systems Intl. Corp. (US),
Locus Robotics (US), SAAB (Sweden), Oceaneering International, Inc. (US),
Seegrid Corporation (US), Mobile Industrial Robots Ap (Denmark), Vecna
Technologies, Inc. (US), and SMP Robotics (US).
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