Mobile robot platforms market 2023-2027: A descriptive analysis of five forces model, market dynamics, and segmentation - Technavio

NEW YORK, Jan. 11, 2023 /PRNewswire/ -- According to Technavio, the global mobile robot platforms market size is estimated to grow by USD 2,126.87 million from 2022 to 2027. The market is expected to grow at a CAGR of 16.43% during the forecast period. Moreover, the growth momentum will progress. APAC will account for 48% of the growth of the global market during the forecast period. 

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The global mobile robot platforms market is fragmented, and the five forces analysis covers– 

• Bargaining power of buyers 
• The threat of new entrants
• Threat of rivalry
• Bargaining power of suppliers
• Threat of substitutes
• For an interpretation of Porter's five forces model – buy the report!

The report includes the market's adoption lifecycle, from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Segment overview

Technavio has segmented the market based on product (software, services, and hardware) and end-user (logistics and warehousing, manufacturing industries, agriculture and mining, medical and healthcare, and others). 

• The software segment will grow at the highest rate during the forecast period. The growth of this segment is attributed to end-users' investments in data analytics to manage and optimize operations. Suppliers have developed various software solutions that can be integrated with other logistics and warehouse management systems owing to the open IT architecture. These factors will drive the growth of this segment. 

Geography overview

Based on geography, the global mobile robot platforms market is segmented into APAC, North America, Europe, Middle East and Africa, and South America. The report provides actionable insights and estimates the contribution of all regions to the global mobile robot platforms market growth.

• APAC is estimated to account for 48% of the growth of the global market during the forecast period. The growth of the market in the region is attributed to factors such as government initiatives to fund robotics innovation and the entry of international vendors into markets such as China, Australia, Taiwan, and Hong Kong. Trade fairs also offer vendors an opportunity to showcase their products and boost sales. Some suppliers are focusing on expanding their presence in APAC. These factors will boost the market growth in the region during the forecast period.

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Key factor driving market growth

• Changes in the global workforce are driving the growth of the global mobile robot platforms market. 
• Rapid industrialization in developed countries has led to a rise in the demand for labor, which has increased average labor costs and decreased the availability of skilled labor in sectors such as healthcare, logistics, agriculture, and mining.
• In addition, the aging of the population of some countries is expected to increase staffing costs.
• These factors have a significant impact on third-party logistics service providers, hospitals, and players in the healthcare and tourism industry, which, in turn, will fuel the growth of the global mobile robotic platforms market during the forecast period.

Leading trends influencing the market 

• The proliferation of data analytics is a key trend in the global market for mobile robotics platforms. 
• Key vendors are developing strategies to improve the customer experience through data analytics. They are adding smart apps to their service offerings to help end-users access critical information about product and service updates.
• During the forecast period, the number of cloud-based applications for customers and service personnel will increase.
• Vendors are also equipping their platforms with sensors to help detect wear on parts.
• Thus, the adoption of data analytics will support the growth of the global mobile robot platform market during the forecast period.

Major challenges hindering market growth

• The high implementation cost of mobile robots is challenging market growth. 
• Robot platforms include sensors, software, and advanced technologies, which require a high one-time fee.
• Additional equipment and maintenance costs such as maintenance, electricity, and upgrade costs are also added, which significantly increase the total cost.
• Some end users are hesitant to adopt mobile robotics platforms that are not cost-effective or do not provide sufficient return on investment (ROI) in the long term.
• Thus, high implementation costs will hinder the growth of the global mobile robot platform market during the forecast period.

Drivers, trends, and challenges have an impact on market dynamics, which can impact businesses. Find some insights from a sample report!

What are the key data covered in this mobile robot platforms market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the mobile robot platforms market between 2023 and 2027
• Precise estimation of the size of the mobile robot platforms market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the mobile robot platforms market across APAC, North America, Europe, Middle East and Africa, and South America
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of mobile robot platforms market vendors

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The mobile robot charging station market is estimated to grow at a CAGR of 28.08% between 2022 and 2027. The size of the market is forecast to increase by USD 358.94 million. The reduced cost price of electronic components is notably driving the market growth, although factors such as the replacement cost of charging stations may impede the market growth. 

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1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global mobile robot platforms market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on Global mobile robot platforms market 2017 - 2021 ($ million)

• 4.2 Product Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)

• 4.3 End-User Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – End-User Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

• 6.1 Market segments
• Exhibit 30: Chart on Product - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Product - Market share 2022-2027 (%)

• 6.2 Comparison by Product 
• Exhibit 32: Chart on Comparison by Product
• Exhibit 33: Data Table on Comparison by Product

• 6.3 Software - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Software - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Software - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Software - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Software - Year-over-year growth 2022-2027 (%)

• 6.4 Services - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Services - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Services - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Services - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Services - Year-over-year growth 2022-2027 (%)

• 6.5 Hardware - Market size and forecast 2022-2027 
• Exhibit 42: Chart on Hardware - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Hardware - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Hardware - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Hardware - Year-over-year growth 2022-2027 (%)

• 6.6 Market opportunity by Product 
• Exhibit 46: Market opportunity by Product ($ million)

7 Market Segmentation by End-user

• 7.1 Market segments
• Exhibit 47: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 48: Data Table on End-user - Market share 2022-2027 (%)

• 7.2 Comparison by End-user 
• Exhibit 49: Chart on Comparison by End-user
• Exhibit 50: Data Table on Comparison by End-user

• 7.3 Logistics and warehousing - Market size and forecast 2022-2027 
• Exhibit 51: Chart on Logistics and warehousing - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on Logistics and warehousing - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on Logistics and warehousing - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Logistics and warehousing - Year-over-year growth 2022-2027 (%)

• 7.4 Manufacturing industries - Market size and forecast 2022-2027 
• Exhibit 55: Chart on Manufacturing industries - Market size and forecast 2022-2027 ($ million)
• Exhibit 56: Data Table on Manufacturing industries - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Chart on Manufacturing industries - Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Manufacturing industries - Year-over-year growth 2022-2027 (%)

• 7.5 Agriculture and mining - Market size and forecast 2022-2027 
• Exhibit 59: Chart on Agriculture and mining - Market size and forecast 2022-2027 ($ million)
• Exhibit 60: Data Table on Agriculture and mining - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Chart on Agriculture and mining - Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on Agriculture and mining - Year-over-year growth 2022-2027 (%)

• 7.6 Medical and healthcare - Market size and forecast 2022-2027 
• Exhibit 63: Chart on Medical and healthcare - Market size and forecast 2022-2027 ($ million)
• Exhibit 64: Data Table on Medical and healthcare - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Chart on Medical and healthcare - Year-over-year growth 2022-2027 (%)
• Exhibit 66: Data Table on Medical and healthcare - Year-over-year growth 2022-2027 (%)

• 7.7 Others - Market size and forecast 2022-2027 
• Exhibit 67: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 68: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 69: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 70: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 7.8 Market opportunity by End-user 
• Exhibit 71: Market opportunity by End-user ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 72: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 73: Chart on Market share by geography 2022-2027 (%)
• Exhibit 74: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 75: Chart on Geographic comparison
• Exhibit 76: Data Table on Geographic comparison

• 9.3 APAC - Market size and forecast 2022-2027 
• Exhibit 77: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.4 North America - Market size and forecast 2022-2027 
• Exhibit 81: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.5 Europe - Market size and forecast 2022-2027 
• Exhibit 85: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 89: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.7 South America - Market size and forecast 2022-2027 
• Exhibit 93: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027 
• Exhibit 97: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027 
• Exhibit 101: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 Japan - Market size and forecast 2022-2027 
• Exhibit 105: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 106: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 107: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.11 Germany - Market size and forecast 2022-2027 
• Exhibit 109: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 110: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 111: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 112: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.12 South Korea - Market size and forecast 2022-2027 
• Exhibit 113: Chart on South Korea - Market size and forecast 2022-2027 ($ million)
• Exhibit 114: Data Table on South Korea - Market size and forecast 2022-2027 ($ million)
• Exhibit 115: Chart on South Korea - Year-over-year growth 2022-2027 (%)
• Exhibit 116: Data Table on South Korea - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 117: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 118: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 119: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 120: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 121: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 122: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 123: Matrix on vendor position and classification

• 12.3 ABB Ltd.
• Exhibit 124: ABB Ltd. - Overview
• Exhibit 125: ABB Ltd. - Business segments
• Exhibit 126: ABB Ltd. - Key news
• Exhibit 127: ABB Ltd. - Key offerings
• Exhibit 128: ABB Ltd. - Segment focus

• 12.4 Amazon.com Inc.
• Exhibit 129: Amazon.com Inc. - Overview
• Exhibit 130: Amazon.com Inc. - Business segments
• Exhibit 131: Amazon.com Inc. - Key news
• Exhibit 132: Amazon.com Inc. - Key offerings
• Exhibit 133: Amazon.com Inc. - Segment focus

• 12.5 BlueBotics SA
• Exhibit 134: BlueBotics SA - Overview
• Exhibit 135: BlueBotics SA - Product / Service
• Exhibit 136: BlueBotics SA - Key offerings

• 12.6 Boston Dynamics Inc.
• Exhibit 137: Boston Dynamics Inc. - Overview
• Exhibit 138: Boston Dynamics Inc. - Product / Service
• Exhibit 139: Boston Dynamics Inc. - Key offerings

• 12.7 Clearpath Robotics Inc. 
• Exhibit 140: Clearpath Robotics Inc. - Overview
• Exhibit 141: Clearpath Robotics Inc. - Product / Service
• Exhibit 142: Clearpath Robotics Inc. - Key offerings

• 12.8 Dematic Group
• Exhibit 143: Dematic Group - Overview
• Exhibit 144: Dematic Group - Product / Service
• Exhibit 145: Dematic Group - Key offerings

• 12.9 KUKA AG
• Exhibit 146: KUKA AG - Overview
• Exhibit 147: KUKA AG - Business segments
• Exhibit 148: KUKA AG - Key offerings
• Exhibit 149: KUKA AG - Segment focus

• 12.10 Locus Robotics Corp.
• Exhibit 150: Locus Robotics Corp. - Overview
• Exhibit 151: Locus Robotics Corp. - Product / Service
• Exhibit 152: Locus Robotics Corp. - Key news
• Exhibit 153: Locus Robotics Corp. - Key offerings

• 12.11 Mekatronix
• Exhibit 154: Mekatronix - Overview
• Exhibit 155: Mekatronix - Product / Service
• Exhibit 156: Mekatronix - Key offerings

• 12.12 Mobile Industrial Robots AS 
• Exhibit 157: Mobile Industrial Robots AS - Overview
• Exhibit 158: Mobile Industrial Robots AS - Product / Service
• Exhibit 159: Mobile Industrial Robots AS - Key offerings

• 12.13 Neobotix GmbH
• Exhibit 160: Neobotix GmbH - Overview
• Exhibit 161: Neobotix GmbH - Product / Service
• Exhibit 162: Neobotix GmbH - Key offerings

• 12.14 OMRON Corp
• Exhibit 163: OMRON Corp - Overview
• Exhibit 164: OMRON Corp - Business segments
• Exhibit 165: OMRON Corp - Key news
• Exhibit 166: OMRON Corp - Key offerings
• Exhibit 167: OMRON Corp - Segment focus

• 12.15 ROFA INDUSTRIAL AUTOMATION AG 
• Exhibit 168: ROFA INDUSTRIAL AUTOMATION AG - Overview
• Exhibit 169: ROFA INDUSTRIAL AUTOMATION AG - Product / Service
• Exhibit 170: ROFA INDUSTRIAL AUTOMATION AG - Key offerings

• 12.16 ST Engineering Aethon Inc. 
• Exhibit 171: ST Engineering Aethon Inc. - Overview
• Exhibit 172: ST Engineering Aethon Inc. - Product / Service
• Exhibit 173: ST Engineering Aethon Inc. - Key offerings

• 12.17 Yaskawa Electric Corp. 
• Exhibit 174: Yaskawa Electric Corp. - Overview
• Exhibit 175: Yaskawa Electric Corp. - Business segments
• Exhibit 176: Yaskawa Electric Corp. - Key offerings
• Exhibit 177: Yaskawa Electric Corp. - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 178: Inclusions checklist
• Exhibit 179: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 180: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 181: Research methodology
• Exhibit 182: Validation techniques employed for market sizing
• Exhibit 183: Information sources

• 13.5 List of abbreviations 
• Exhibit 184: List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

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