Summary:

A new study title “Autonomous Robots market size, status and forecast 2027” has been featured on market research future.

Market Overview:

Autonomous Robots Market is Expected to Showcase Rampant Growth Over 2023.The curated report helps in discovering and discussing 4 major activities of the market that have a major role to play in depicting the market size for the current and the future. The use, development, and implementation of various kinds of autonomous robots across an array of fields and services promise an excellent yield when it comes to effectiveness, efficiency, and productivity with rendering reliable market devices and solutions to the worldwide target audience. Also, the investment in robots promises a huge return on investment for the market for years to come. The various sizes and features of robots are deployed in various functional areas that will enhance the production and functional ability of the autonomous robots market and lead the way towards regional expansion during the forecast period. 

Artificial intelligence and machine learning are being deployed across various industry verticals and the autonomous robots have been designed with similar features and technology that are likely to help in the enhancement of the global market operations and help the market grow as per the predicted figures as laid down by the autonomous robots market experts and leaders during the forecast period that ends in 2028. The current forecast period of 2021-2028 has excellent growth prospects. 

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Key Players:

The forefront players of the global autonomous robot market are Aviation Industry Corporation of China, Ltd. (China), Aethon Inc (US),  Bluefin Robotics (US), Clearpath Robotics Inc. (Canada), Cimcorp Automation, Ltd.(US), Fetch Robotics, Inc. (the US), Hi-Tech Robotic Systemz Ltd. (India), Gecko Systems Intl. Corp. (US), Locus Robotics (US), SAAB (Sweden), Oceaneering International, Inc. (US), Seegrid Corporation (US), Mobile Industrial Robots Ap (Denmark), Vecna Technologies, Inc. (US), and SMP Robotics (US).

Segments:

The global autonomous robot market can be classified on the basis of mobile product, operation, end-user, and region.

On the basis of mobile products, the global autonomous robot market can be classified into an unmanned aerial vehicle, unmanned ground vehicle, and unmanned marine vehicle.

On the basis of operation, the global autonomous robot market can be classified into autonomous and human-operated.

On the basis of end-user, the global autonomous robots market can be classified into power & energy, industrial & manufacturing, logistics & warehouse, forest & agriculture, aerospace & defense, medical,  oil & gas, and mining & minerals.

On the basis of region, the global autonomous robot market can be classified into North America, Europe, Asia -Pacific and RoW.

Regional Analysis:

The geographical analysis of North America, Europe, Asia-Pacific, and RoW has been conducted. As per the analysis by MRFR, North America has projected to reign the global market during the forecast period. The increasing demand from the logistics industry has resulted in a surge in demand for autonomous robots in the region. Besides, the increasing technological advancement in robotics has additionally propelled the demand. Also, the rising focus on UAV communication capabilities in the defense sector impacts the growth of the regional market. Among all nations, the US leads the market along with generating the highest revenue in the global autonomous robot market. Moreover, the presence of established key players situated in the US provides a subjugating hand in the global market.

Furthermore, the widening usage of UAVs has posed several opportunities for expansion, and the immense expenditure on growing military UAV activities has actuated the demand in the region. The second position is attained by the APAC region. APAC consists of the two fastest economies of the world, i.e., India and China,  which are investing immensely to enhance the military and commercial UAV activities. Besides, the robust economic growth, rising research and development, and the demand for advanced autonomous technology from automotive and aircraft sectors are augmenting the regional market. As per the research, India is likely to flourish during the review period.

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