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Mobile robotics market explored in latest research

Industrial Market Research

Mobile robots imply non-stationary robots, those that perform various operations according to their configuration. They are used for numerous industry operations as well as to perform critical activities in which human life can be exposed to risk.Mobile robotics technology is becoming increasingly popular in sectors such as logistics, warehousing, medical & healthcare and defense. 

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The market is driven by factors such as sophistication of artificial intelligence software, converging robotics technology with mobile technologies. The market faces limitations due to time-consuming activities such as R&D, manufacturing and marketing.

Better growth opportunities are perceived due to comparatively untapped markets in African countries and worldwide increasing defense spending.

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As per applications of the technology, market is classified into logistics & warehousing, defense, medical & healthcare, domestic, field applications, entertainment and others. Among all defense, logistics and warehousing segments are leading the market due to early adoption.

Domestic applications market is becoming increasingly popular due to adoption of robotic vacuum cleaners, etc.

From the geographical perspectives, the market is categorized into regions such as North America, Asia-Pacific, Europe and rest of the world (RoW). Asia-Pacific region is driving the market with largest share due to increase in defense applications, especially drones.

In future, rest of the world is expected to drive the market due to increasing defense spending in middle-eastern countries.

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