Mobile Robots Market to Witness Rapid Growth in Next Five Years | According To TechSci Research
Declining price of robotic components and rising technological innovations are some major factors driving the growth of global mobile robots market. According to TechSci Research report, “Global Mobile Robots Market By Operations (Aerial, Ground, Marine), By Component (Hardware, Software, Support & Service), By Type (Professional Robots, Personal & Domestic Robots), By Application (Logistics & Warehousing, Defense, Healthcare, Entertainment, Agriculture & Forestry, Personal Applications, Others), By Region, Forecast & Opportunities, 2025” , the market is anticipated to witness a robust CAGR during the forecast period on account of growing demand for Automated Ground Vehicles (AGVs) of warehouse automation and increasing popularity of robots for personal use such as companionship and entertainment. Moreover, declining prices of robotic components such as sensors, actuators, etc. are also leading to increasing sale of mobile robots globally. The incr...