The article cited AMA's Global Mobile Cobots Market Study explored substantial growth with CAGR of 26.1%. According the report, Rise in Adoption of Artificial Intelligence with Modern Robots & Cobots in Logistics & Retail Industry is one of the primary growth factors for the market. Growing Collaborative Automated Safety Solutions for Maximum Support and Productivity for Human Workers
is also expected to contribute significantly to the Mobile Cobots market. Overall, Loading and Unloading
applications of Mobile Cobots, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as KUKA (Germany), ABB Ltd (Switzerland), Yaskawa Electric Corporation (Japan), Fanuc Corporation (Japan), KNAPP AG (Austria), OMRON Corporation (Japan), Fetch Robotics, Inc (United States), Honeywell International Inc (United States), Locus Robotics (United States) and Toshiba Corporation (Japan) may see astonishing sales in this Market and certainly improve revenue growth.
The Industry Verticals, such as Manufacturing, is boosting the Mobile Cobots market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Load Capacity, such as 1 to 3 Kg, is boosting the Mobile Cobots market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Mobile Cobots market identified that the demand is rising in many different parts of the world as "Increasing Investment and Fundings by Companies on the Mobile Cobots along with the Strategic Activities
". Furthermore, some recent industry insights like "In February 2023, OMRON Automation Americas, a global leader in industrial automation solutions, is pleased to announce the launch of the MD Series of autonomous mobile robots (AMR). This new series is designed to provide greater efficiency at production sites, expanding OMRON's line up of autonomous robots to cater to a wider variety of part and material transport applications." is constantly making the industry dynamic. One of the challenges that industry facing is "The limitation with Regards to Load Capacity of Mobile Cobots Impacting the Market"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Mobile Cobots market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Mobile Cobots market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Mobile Cobots market tight? Which application/end-user category or Product Type [Articulated, 6-axis and Others] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Mobile Cobots market and other related sub-markets covered in the study.
o Key & emerging players in the Mobile Cobots market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Mobile Cobots market size is calculated using market estimation process, the Mobile Cobots market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Mobile Cobots market size has been validated using both top-down and bottom-up approaches.