Showing posts with the label mobile robots market size

Global Mobile Robots Market: Market Analysis by Knowledge Sourcing Intelligence

Introduction Global  mobile robots market is projected to witness the growth at a  decent CAGR during the forecast period (2018-2023). The mobile robot market is largely driven by the development of various end-user industries coupled with rising investment by companies and government in this technology. Moreover, expanding the integration of a mobile robot with various technologies and affordable electronic components used for the development of robots further contributes to the mobile robots market growth.                            Rising Industrial Automation The development of industries such as automotive, food and beverage, oil and gas, construction and buildings, and healthcare among others combined with rising investment by  vendors drives the adoption of industrial automation solutions. The growing focus of players on achieving energy efficiency owing to strict regulations and rising need for energy conservation further propels the demand for industrial automation