The global mobile robot industry is one of the most competitive industries with the leading players actively competing against each other to gain a greater share in the industry. The competitive landscape of the mobile robot industry exhibits an inclination toward emerging strategies and developments by market players.
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Key players that are actively participating in the mobile robot market include AUBO Robotics, Blue Ocean Robotics, Clearpath Robotics Inc, Eddyfi, Fetch Robotics, GE Inspection Robotics, Locus Robotics, Lockheed Martin, Mobile Industrial Robots, Northrop Grumman, QinetiQ Group, Seegrid Corporation, Swisslog Holding AG, and Transbotics Corporation.
The prominent players in the mobile robot market adopted strategies of product launches, contracts, mergers, and acquisitions to expand their business. The companies are also involved in some of the other developments that include demonstration, integration, and business expansion, among others. Due to the intensive competition, the mobile robot industry requires manufacturers to constantly innovate and develop cost-effective products. The existing companies as well as new entrants, which aim to develop next-generation solutions to cater to the need for future applications, could benefit from this market.
Initially, the usage of mobile robots was limited to manufacturing, logistics and warehouse departments for material handling and pick and place jobs. However, over the years, autonomous mobile robots have been being used for a variety of tasks apart from just working in warehouses and manufacturing units. Currently, these robots can be seen in working in medical facilities, hotels and restaurant, field, package delivery, educational institute, and others.
Robots are typically used for tasks which are considered dull, dirty, and dangerous for human beings. Mobile robots offer great safety benefits for human workers. The use of mobile robots in hazardous working conditions puts the workers out of risk by preventing injuries and adverse health effects. For example, musculoskeletal disorders, which happen due to repetitive or awkward motions, can be avoided by using mobile robots. In addition, mobile robots are being used in hospital to treat the COVID-19 patients in order to safeguard the medical staff from getting infected.
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Error can be stemmed by using more and more robots and relieving humans of monotonous jobs, where they are bound to make mistakes after a certain time. It has been observed that jobs involving repetition of a certain task can make a human less alert at work, thus increasing the chances of errors. However, mobile robots can perform monotonous jobs with the same level of accuracy and speed throughout the time period of the job without any error.
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