About Mobile Cobots
The mobile cobots are a hybrid of collaborative robots and mobile robots which are also known as mobile manipulators if integrated with the machines or specialty programs. It is an autonomous robot that can move easily with new possibilities for task automation. These types of robots are intended to work hand in hand with workers in industrial/commercial operations, as they can handle repetitive complicated tasks such as inspection, and picking focusing on problem-solving skills. Mobile cobots can are increasingly demanded and adopted in facilities for increasing productivity and efficiency.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 26.1% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that Japan Players will contribute the maximum growth to Global Mobile Cobots market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
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) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Mobile Cobots market by Type (Articulated, 6-axis and Others), Application (Loading and Unloading, Part Inspection, Packing and Others) and Region.
On the basis of geography, the market of Mobile Cobots has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Industry Verticals, the sub-segment i.e. Manufacturing will boost the Mobile Cobots market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Load Capacity, the sub-segment i.e. 1 to 3 Kg will boost the Mobile Cobots market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rise in Adoption of Artificial Intelligence with Modern Robots & Cobots in Logistics & Retail Industry
Market Growth Drivers:
Growing Collaborative Automated Safety Solutions for Maximum Support and Productivity for Human Workers and Rising Demand for Productivity and Efficiency in Industrial and Commercial Operations
Challenges:
The limitation with Regards to Load Capacity of Mobile Cobots Impacting the Market
Restraints:
High Cost of Production and Regulatory Guidelines on Mobile Cobots Market
Opportunities:
Increasing Investment and Fundings by Companies on the Mobile Cobots along with the Strategic Activities and Surging Popularity of Mobile Cobots in Laboratories and Medical Sciences Applications for Complex and Risky Material Assembly & Handling
Market Leaders and their expansionary development strategies
In April 2024, BB today announced that it had acquired Swiss start-up Sevensense, a leading provider of AI-enabled 3D vision navigation technology for autonomous mobile robots (AMRs). The acquisition follows ABB’s minority investment in Sevensense after it joined the company’s innovation ecosystem.
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.
"ISO/TS 15066:2016 standard for collaborative robots' (COBOT) ensures that while robots work in the same space as humans, any accidental incident with robots should not harm humans by providing guidelines for the implementation and design of such a collaborative working environment. If a robot fulfills all requirements and follows ISO/TS 15066 then a separate workspace for humans and robots may not require"
Key Target Audience
Mobile Cobots Manufacturers, Mobile Cobots International Traders, Mobile Cobots Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.