The global professional service mobile robots market is expected to grow by 12.00% during the forecast period of 2025-2034. The industry in the Asia-Pacific is projected to grow at a CAGR of nearly 20.6% during the forecast period as a result of the high efficiency and increased workforce safety in emerging countries like China and India.
The logistics and warehousing segment held a significant industry share in 2018 due to increased production efficiency. The markets in Europe, Asia-Pacific, North America, Middle East and Africa, and Latin America are highly fragmented due to the presence of various international, regional, and local key vendors. The Asia-Pacific is emerging as a significant market owing to factors such as the increasing investments in logistics and warehousing segment, along with the rising population in the region. However, the high cost, availability of substitutes, and high capital spending are factors expected to affect the growth of the industry.
Market Segmentation
Professional service mobile robots are the autonomous guided vehicle. They are used in moving materials from one point to another point.Market Breakup by Type
- Solutions
- Services
Market Breakup by End Use
- Logistics and Warehousing
- Agriculture
- Mining
- Medical and Healthcare
- Tourism and Hospitality
- Others
Market Breakup by Region
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Market Analysis
The global market for professional service mobile robots is being driven by the increasing focus of vendors on technological advancements and R&D investments. The industry is further aided by the introduction of AI (artificial intelligence) in mobile robots.The logistics and warehousing segment held a significant industry share in 2018 due to increased production efficiency. The markets in Europe, Asia-Pacific, North America, Middle East and Africa, and Latin America are highly fragmented due to the presence of various international, regional, and local key vendors. The Asia-Pacific is emerging as a significant market owing to factors such as the increasing investments in logistics and warehousing segment, along with the rising population in the region. However, the high cost, availability of substitutes, and high capital spending are factors expected to affect the growth of the industry.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global market for professional service mobile robots, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:- Clearpath Robotics, Inc.
- Midea Group Co. Ltd. (SHE: 000333)
- OMRON Corporation (TYO: 6645)
- Savioke Inc.
- Singapore Technologies Engineering Ltd. (SGX: S63)
- Teradyne Inc. (NASDAQ: TER)
- Others
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Global Professional Service Mobile Robots Market Analysis
6 North America Professional Service Mobile Robots Market Analysis
7 Europe Professional Service Mobile Robots Market Analysis
8 Asia-Pacific Professional Service Mobile Robots Market Analysis
9 Latin America Professional Service Mobile Robots Market Analysis
10 Middle East and Africa Professional Service Mobile Robots Market Analysis
11 Market Dynamics
13 Competitive Landscape
Companies Mentioned
The key companies featured in this Professional Service Mobile Robots market report include:- Clearpath Robotics Inc.
- Midea Group Co. Ltd.
- Omron Corporation
- Savioke Inc.
- Singapore Technologies Engineering Ltd.
- Teradyne Inc.
