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Global Mobile Robotics Market is expected to reach USD 14,202.2 Million in 2019: Transparency Market Research

April 8, 2014

ALBANY, New York, April 8, 2014 /PRNewswire/ –

According to a new market report published by Transparency Market Research “Mobile
Robotics Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast,
2013 – 2019,” the global mobile robotics market was worth USD 6,249.6 million in 2012 and
is expected to reach USD 14,202.2 million by 2019, growing at a CAGR of 12.6% from 2013 to
2019. Asia Pacific was the largest market for mobile robotics in 2012. The growth was
primarily driven by increase in usage of mobile robots in domestic, agricultural, medical
and industrial applications.

Integration of mobile robots with mobile technologies such as smart phones and other
appliances is one of the factors driving the market. Increasing grants and funds by
governments to this industry is further fueling the market. In addition, decreasing price
of sensors and cameras and availability of open source platforms have resulted in new
companies with innovative products at cheap cost, further boosting market. However, longer
time to market is one of the factors hindering the market growth.

Browse Global Mobile Robotics Market Report with Full TOC at

http://www.transparencymarketresearch.com/mobile-robotics-market.html

Among all types, UGVs including AGVS was the largest segment and accounted for 45.5%
of the market share in 2012 and is expected to witness highest growth during the forecast
period.

UAVs are expected to observe linear growth throughout forecast period. Cost effective
wireless data systems and global positioning systems is driving the market for USVs and is
expected to continue in a long run.

Mobile robots used in industrial applications including warehousing and distribution
accounted substantial market share in 2012. Application of mobile robots in field and
defense purposes is driving the market for professional service segment. Increasing demand
of domestic robots such as vacuum cleaners and lawn movers are booting the market for
personal service segment.

Geographically, Asia Pacific was the largest mobile robotics market and accounted for
34.2% in 2012 and is expected to witness highest growth throughout forecast period. The
growth is attributed to increase in demand of UAVs by China, India, South Korea and
Pakistan, Thailand, Singapore, Philippines, Taiwan and Australia is boosting this market
growth.

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The report studies the mobile robotics market on a global level, and provides
estimates in terms of revenue from 2013 to 2019. Market estimates have also been provided
for type of environment in which it travel and application for each region. The market has
been segmented as follows:

Mobile robotics market analysis, by travelling environment

        - Unmanned Ground Vehicles (UGVs) including Autonomous Grounded Vehicles
          (AGVs)
        - Unmanned Aerial Vehicles (UAVs)
        - Unmanned Surface Vehicles (USVs)
        - Autonomous Underwater Vehicles (AUVs)

Mobile robotics market analysis, by applications

        - Logistics and warehousing
        - Defense and military
        - Medical and healthcare
        - Field
        - Domestic
        - Entertainment
        - Other

Browse Global Mobile Robotics Market Report with Full TOC at

http://www.transparencymarketresearch.com/mobile-robotics-market.html

In addition the report provides cross sectional analysis of the market with respect to
the following geographical segments:

        - North America
        - Europe
        - Asia-Pacific
        - RoW (Rest of the World)

Browse Technology & Media Market Research Reports with TOC @

http://www.transparencymarketresearch.com/technology-market-reports-8.html

About Us

Transparency Market Research is a global market intelligence company, providing global
business information reports and services. Our exclusive blend of quantitative forecasting
and trends analysis provides forward-looking insight for thousands of decision makers. We
are privileged with highly experienced team of Analysts, Researchers, and Consultants, who
use proprietary data sources and various tools and techniques to gather, and analyze
information.

Our data repository is continuously updated and revised by a team of research experts,
so that it always reflects the latest trends and information. With a broad research and
analysis capability, Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research material for business
reports.

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