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The 2018 Global Autonomous Robot Market: Industry Analysis, Size, Share, Growth, Trends and Forecast Through (2016-2024) - ResearchAndMarkets.com

December 3, 2018

DUBLIN--(BUSINESS WIRE)--Dec 3, 2018--The “Autonomous Robot Market by Mode of Operation, by Mobile Product; for Application - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024” report has been added to ResearchAndMarkets.com’s offering.

The global autonomous robot market was valued at around USD 4,615 million in 2016 and it is expected to reach more than USD 11,920 million by 2024. The global autonomous robot market is expected to grow at a CAGR of over 14% between 2017 and 2024.In terms of volume, the demand for the autonomous robots is expected to reach more than 115,400 units by 2024 at a CAGR of around 13% during the forecast period.

The key factor that is driving the growth of the autonomous robot market is the increasing demand for the autonomous robots from the different end-user industries. In applications such as warehouse distribution, painting and de-painting, assembly, and inspection, autonomous robots are in huge demand. The integration of the artificial intelligence in the field of robotics has taken the global autonomous robot market to the next level.

Some challenges associated with autonomous robots are technical accuracy and communication protocols which are limiting the growth of the market. Communication protocols are a set of rules that are necessary for exchanging valuable information which is yet an issue in the autonomous robots.

Market Dynamics

Drivers

Rising Use of Autonomous Robots in Various Mobile ProductsReduce Human Life RiskTechnology Advancement

Restraints

Challenges Associated With Autonomous Robots are Technical Accuracy and Communication Protocols

Opportunities

Increasing Defense Budgets of Emerging EconomiesIncreased Military Spending by Developing NationsGrowing Demand for Drones From Military and Non-Military Mobile ProductsDevelopment of Driverless Infantry VehicleSecurity and Property InspectionKey Topics Covered

1. Introduction

2. Executive Summary

3. Autonomous Robot - Market Dynamics

4. Global Autonomous Robot Market - Competitive Landscape

5. Global Autonomous Robot Market - Mode of Operation Segment Analysis

6. Global Autonomous Robot Market - Mobile Product Segment Analysis

7. Global Autonomous Robot Market - End-User Segment Analysis

8. Global Autonomous Robot Market - Regional Segment Analysis

9. Company ProfilesAethonAviation Industry Corporation of ChinaBluefin RoboticCimcorp AutomationClearpath RoboticsFetch RoboticsGeckoSystemsHi Tech Robotics SystemzLocus RoboticsMobile Industrial RobotsOceaneeringOmron Adept TechnologiesSAABSeegrid CorporationSMP RoboticsSwisslogVecna

For more information about this report visit https://www.researchandmarkets.com/research/96ldx8/the_2018_global?w=4

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Related Topics:Mobile Content,Robotics

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY HARDWARE SOFTWARE MOBILE/WIRELESS

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 12/03/2018 07:06 AM/DISC: 12/03/2018 07:06 AM

http://www.businesswire.com/news/home/20181203005450/en

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