How big is the Mobile Robots Market?

The Mobile Robots Market size is expected to reach USD 6.99 billion in 2024 and grow at a CAGR of 27.5% to reach USD 23.56 billion by 2029. Read More

What is the current Mobile Robots Market size?

In 2024, the Mobile Robots Market size is expected to reach USD 6.99 billion. Read More

Who are the key players in Mobile Robots Market?

Teradyne Inc. (Mobile Industrial Robots ApS (MIR)), Fetch Robotics, JASCI LLC, Aethon Inc. and KION Group AG are the major companies operating in the Mobile Robots Market. Read More

What years does this Mobile Robots Market cover, and what was the market size in 2023?

In 2023, the Mobile Robots Market size was estimated at USD 5.07 billion. The report covers the Mobile Robots Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Mobile Robots Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Mobile Robots Market - Report, Share & Size

Mobile Robots Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Mobile Robots Market Report is Segmented by Product (Automated Guided Vehicle (AGV), Autonomous Mobile Robot (AMR)), by Form Factor (Forklift, Tow Tractor, Tug, Unit Load, Assembly Line), by Navigation Sensor (Reflector, QR Code, Laser/Lidar, Camera, Hybrid (Camera & Lidar)), by the Environment of Operation (Manufacturing (Automotive, Electrical & Electronics, Food & Beverage, Chemical & Pharmaceuticals), Non-Manufacturing (Logistics Centers/Distribution Centers/Warehouses), and Geography (United States, China, Europe, Asia-Pacific (excluding China), and the Rest of the World). The Market Sizes and Forecasts are Provided in Terms of Value in USD for all the Segments.

Mobile Robots Industry Overview

Global players dominate a fragmented market: The Mobile Robots Market is fragmented, with numerous global and regional players competing for market share. Europe leads in hosting service robot suppliers for professional applications. This fragmentation is encouraging innovation and intense competition among players, particularly in the AMR segment.

Key players: Leading companies like Teradyne Inc. (Mobile Industrial Robots), Fetch Robotics (Zebra Technologies), and Clearpath Robotics are dominating the market through continuous product innovation and strategic partnerships.

Product diversity: These companies offer a broad range of mobile robots designed to meet diverse industry needs, from logistics to manufacturing.

Strategic partnerships: Collaborations with system integrators and technology partners are helping market leaders expand their product offerings and increase market penetration.

Factors for future success: To succeed in the evolving mobile robots market, players must focus on continuous innovation, versatile solutions, and strategic global expansion. Developing AI-powered mobile robots and user-friendly interfaces will also be critical to encourage broader adoption across industries. Expanding into emerging economies, especially through strategic partnerships, will be key to capturing market share in regions with growing automation needs.