Europe ranks first in mobile industrial robot industry with 29.1% market share

 According to The Fact, the global mobile industrial robot market recorded a compound annual growth rate (CAGR) of 11.1%. According to MR, a leader in market research and competitive intelligence, the market is expected to grow at a CAGR of 15.7% between 2023 and 2033.

Increased demand for automation has led to rapid growth in the use of mobile industrial robots in various end-use segments. The increasing use of automation and integration of AI and ML technologies in the automotive production process are major factors driving the need for mobile industrial robots in the automotive industry.

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Demand Analysis

  • Short-term growth driver (2023-2026): leading the development of infrastructure combined with collaborative robots in the automotive industry
  • Medium-term growth drivers (2026-2029): Introduction of mobile industrial robots as a service in warehouses, hospitals, and airports as advanced business models to increase product demand.
  • Long-term Growth Opportunity (2029-2033): Artificial Intelligence (AI) and Machine Learning (ML) are growing at a rapid pace, and business models adopt AI and ML to power new industrial robots in the future.

market trend

The mobile industrial robot market is growing due to the increasing trend of automation and robotics in the manufacturing industry. Companies are increasingly adopting mobile robots for a variety of applications such as material handling, pick and place, palletizing and sorting. . Growing demand for autonomous mobile robots is driven by growing demand for improved efficiency, accuracy and safety in various industrial environments.

In addition, technological advances such as artificial intelligence (AI) and machine learning (ML) are further driving the demand for autonomous mobile robots in the industrial sector. AI and ML-enabled autonomous mobile robots are expected to be available. Improved flexibility and accuracy in the manufacturing process _ Leading the growth of the mobile industrial robot market.

Other factors driving the growth of the mobile industrial robot market include increasing demand for cost-effective automation solutions, growing demand for industrial robots in the automotive industry, and rising popularity of collaborative robots. also,

The increasing use of mobile robots in hazardous environments is expected to create new opportunities.

list of players

  • progress
  • Bastian Solution
  • Fetch Robotics
  • grensebach
  • Good morning

Market Titans Key Strategies

Manufacturers are focusing on implementing new technologies and plan to work with players in the international market to explore the potential of mobile industrial robots. Producers are primarily focused on creating advanced automated systems that are reliable, economical, simple to deploy and operate with a fast return on investment.

Manufacturers are also focusing on expanding their reach across emerging countries to reap high margins. Therefore, acquisitions and collaborations are the preferred strategies of market giants looking to expand their business.

In a recently published report, Fact.MR provided detailed information on price points, revenue growth, capacities, and speculative technology expansion by region for leading manufacturers of mobile industrial robots.

Segmentation of Mobile Industrial Robot Industry Research

  • By type:
    • jacking robot
    • smart forklift
    • picking robot
    • etc.
  • composition:
    • semi-auto
    • fully automated
  • By company size:
    • small business
    • small business
    • major company
  • By end-use industry:
    • automobile
    • Electronic products
    • health care
    • food and drink
    • approximately
  • Based on loading capacity (Kg):

o 100 – 500

o 500 – 1,000

o 1,000 – 1,500

  • Over 1,500
  • By region:
    • North America
    • Latin America
    • europe
    • East Asia
    • South Asia and Oceania
    • thing

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