Growth and Factor of Mobile Robotics Market 2013 - 2019

Transparency Market Research

Mobile Robotics Market Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 – 2019

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Published Date June-2014

129 Page Report

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Press Release Global Mobile Robotics Market is expected to reach USD 14,202.2 Million in 2019: Transparency Market Research

Mobile Robotics Market

REPORT DESCRIPTION

Mobile Robotics Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 2019

According to a new market report published by Transparency Market Research "Mobile Robotics Market Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 - 2019," the global mobile robotics market was worth USD 6,249.6 million in 2012 and is expected to reach USD 14,202.2 million by 2019, growing at a CAGR of 12.6% from 2013 to 2019. Asia Pacific was the largest market for mobile robotics in 2012. The growth was primarily driven by increase in usage of mobile robots in domestic, agricultural, medical and industrial applications. Browse Global Mobile Robotics Market Report with Full TOC at http://www.transparencymarketresearch.com/mobile-robotics-market.html Integration of mobile robots with mobile technologies such as smart phones and other appliances is one of the factors driving the market. Increasing grants and funds by governments to this industry is further fueling the market. In addition, decreasing price of sensors and cameras and availability of open source platforms have resulted in new companies with innovative products at cheap cost, further boosting market. However, longer time to market is one of the factors hindering the market growth. Among all types, UGVs including AGVS was the largest segment and accounted for 45.5% of the market share in 2012 and is expected to witness highest growth during the forecast period. UAVs are expected to...