Autonomous Robots Market is Booming Due to its Rapid Demand in Aerospace & Defense Industry

Autonomous Robots Market Research Report, By Mode (Autonomous, Human-Operated), By End User (Forest & Agriculture, Industrial & Manufacturing, Logistics & Warehouse, Mining & Minerals) By Mobile Product (Unmanned Aerial Vehicle)– Forecast till 2023

Pune, India - June 13, 2019 /MarketersMedia/ —

Market Highlights

Autonomous Robots, as the name suggest, can perform tasks independently without the requirement any human interference by manipulating objects in their environment to achieve specific goals. With the rapid technological advancements in the field, the number of applications of autonomous robots in manufacturing and production processes is continually growing.

As a result, the autonomous robots market is growing continually. The increasing trend of automation in production and manufacturing processes has sped up the development of autonomous industrial robots. Moreover, growing applications and adoption of autonomous warehouse and logistics industry vertical are escalating the market on the global platform.

Considering the enormous traction, the market is witnessing currently, Market Research Future (MRFR) in its recently published study report asserts that the global autonomous robots market is projected to garner exponential accruals by 2023, registering a staggering CAGR throughout the forecast period (2018 – 2023).

Additional factors that are contributing to the growth of the market include the increasing need for unmanned vehicles in military and space and the recent trend of using autonomous robots for food delivery.
On the flipside, factors such as government regulations and security concerns related to autonomous robots are restricting the growth of the market. In the current scenario, machines have been progressing on a path from being entirely manual for having a fixed automatic function to becoming intelligent where they can deal with real-world situations themselves.

Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/6912

Segmentation:

For the better understanding of the report, the market is segmented into four key dynamics:

By Mode: Autonomous (semi-autonomous & fully autonomous) and Human-operated (tethered and un-tethered.)
By End-user: Aerospace & Defense, Forest & Agriculture, Oil & Gas, Industrial & Manufacturing, Power & Energy, Logistics & Warehouse, and Mining & Minerals among others.
By Mobile Product: Unmanned Ground Vehicle, Unmanned Aerial Vehicle, and Unmanned Marine Vehicle among others.
By Regions: North America, Europe, Asia Pacific, and Rest-of-the-World.

Regional Analysis:

The North American region heading with the huge technological advancement in robotics dominates the global autonomous robots market. Additionally, factors such as increasing demand for autonomous robots from the logistics industry and increasing focus on enhancing UAV communication capabilities, especially in the defense sector drive the growth of the regional market. The US accounts for not only the leading market in the region but also the largest revenue generator in the global autonomous robots market.

Additionally, factors such as the massive spending on growing military UAV activities and growing applications of UAVs have opened up a big market for autonomous robots. Moreover, the presence of major robotic players in the US has been helping the regional market to become more dominating as compared to other regions.

The autonomous robots market in the Asia Pacific region accounts for the second-largest market, globally. Rapidly emerging countries in the APAC such as India and China are increasingly investing in commercial and military UAV activities. India has the maximum potential to grow during the forecast period. Furthermore, factors such as the rapid economic growth increased R&D activities, and the demand for new autonomous technology from the burgeoning sectors such as automotive and aircraft are propelling the regional market.

European autonomous robots market has been emerging as a promising market, globally. European countries are initiating on transforming regulations towards the usage of UAVs in commercial applications which have led to the expansion of the autonomous robots market in the region. Moreover, increasing activities of R&D, modifications of manned & unmanned military aircraft, and weapons systems are some of the key factors acting as major tailwinds to the growth of the market.

Get a Discount @ https://www.marketresearchfuture.com/check-discount/6912

Global Autonomous Robots Market - Competitive Analysis

Highly competitive, the autonomous robots market appears to be fragmented due to the presence of several well-established players. These players incorporate strategic initiatives such as acquisition, collaboration, partnership, expansion, and product/ technology launch in order to maintain their positions and to gain a competitive advantage in this market.

These players focus on new product development initiatives and geographical expansion. The global autonomous robots market is anticipated to witness relentless innovations and development of new products eventually result in intense competition among the manufacturers.

Major Players:

Key players leading the global autonomous robots market Aviation Industry Corporation of China, Ltd., Aethon Inc (US), Bluefin Robotics (US), Clearpath Robotics Inc. (Canada), Cimcorp Automation, Ltd.(US), Fetch Robotics, Inc. (US), Hi Tech Robotics 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) among others.

Industry/ Innovation/ Related News

May 06, 2019 ---– Microsoft Corporation (the US), a technology giant launched a new platform for building autonomous robots. After acquiring AI start-up Bonsai, which specialized in reinforcement learning for autonomous systems, Microsoft launched the limited preview of a new Azure-based platform which would help developers train the models necessary to power these autonomous physical systems.
This new platform combines Microsoft’s machine learning and tools for machine teaching with simulation tools for training the models in a realistic and safe environment. A number of company’s IoT services and its open-source Robot Operating System can be used.

May 21, 2019 ----- Ford Motor Company announced that it is working with Agility Logistics (Kuwait) to develop a last-mile delivery solution that combines Ford’s autonomous vehicles and Agility’s Digit bipedal robot. Although the system is in the early stages of development, an autonomous delivery test program is scheduled to begin in early 2020.
Ford says that it is a big deal for them to be making this type of move and a big deal to be making firm decisions about what the robots are being used for.

Browse Complete Report @ https://www.marketresearchfuture.com/reports/autonomous-robots-market-6912

Contact Info:
Name: Abhishek Sawant
Email: Send Email
Organization: Market Research Future
Website: https://www.marketresearchfuture.com/reports/autonomous-robots-market-6912

Source URL: https://marketersmedia.com/autonomous-robots-market-is-booming-due-to-its-rapid-demand-in-aerospace-defense-industry/523902

Source: MarketersMedia

Release ID: 523902

More News From Morning Dispatcher

Egypt's el-Sissi dismisses corruption allegations

Sep 16, 2019

CAIRO — Egypt's president on Saturday dismissed corruption allegations made by a businessman-in- exile about the country's military as "sheer lies and defamation." In viral social media videos posted over the past week, the entrepreneur alleged large-scale misuse of public funds in the building of luxurious hotels, presidential palaces and a tomb for President Abdel-Fattah el-Sissi's mother who died in 2014. "I've built presidential palaces and I will continue to do so," el-Sissi, a general-turned-president, said in televised comments. "I am building a new country. ... All of this is not mine. It's Egypt's." El-Sissi was responding to claims by...

New Saudi energy minister calls for OPEC 'cohesiveness'

Sep 16, 2019

ABU DHABI, United Arab Emirates — Saudi Arabia's new energy minister on Thursday reiterated calls for "cohesiveness" in OPEC ahead of a key meeting in Abu Dhabi. "To achieve market stability, it's important we sustain a high level of cohesiveness," said Prince Abdulaziz bin Salman, speaking at a meeting of the organization's Joint Ministerial Monitoring Committee in Abu Dhabi, the capital of the United Arab Emirates. Crude oil sold for over $100 a barrel in the summer of 2014 before bottoming out below $30 a barrel in January 2016. That fall largely came from a boom in U.S. shale oil...

Rocket blast at US Embassy in Kabul on 9/11 anniversary

Sep 16, 2019

KABUL, Afghanistan — A rocket exploded at the U.S. Embassy in Afghanistan just minutes into Wednesday, the anniversary of the 9/11 attack on the United States, but officials at the compound later declared an all-clear and reported no injuries. A plume of smoke rose over central Kabul shortly after midnight and sirens could be heard. Inside the embassy, employees heard this message over the loudspeaker: "An explosion caused by a rocket has occurred on compound." About an hour later the all-clear announcement was made, with no reports of injuries. There was no immediate comment from Afghan officials or those with...

Iranian female soccer fan dies after setting herself on fire

Sep 16, 2019

DUBAI, United Arab Emirates — An Iranian woman detained for dressing as a man to sneak into a soccer stadium to watch a match has died after setting herself on fire upon learning she could spend six months in prison, semi-official news outlets reported Tuesday. The self-immolation death of 29-year-old Sahar Khodayari has shocked Iranian officials and the public, becoming an immediate hashtag trend across social media in the Islamic Republic. It also comes as FIFA is working with Iranian authorities to overcome a ban on women entering stadiums for men's games, a ban in place since the country's 1979...

US military officials in Turkey for Syria 'safe zone' talks

Sep 16, 2019

ANKARA, Turkey — Turkey's defense ministry says two top U.S. military officials are in Turkey for talks over a planned "safe zone" in northeast Syrian. A ministry statement said a delegation headed by Lt. Gen. Stephen Twitty, deputy commander of the U.S. European Command, and Lt. Gen. Thomas Bergeson, deputy commander of the U.S. Central Command, would meet with Turkish military officials on Tuesday. Their visit comes days after Turkish and U.S. troops conducted their first joint ground patrol of the "safe zone" that Ankara has been pressing for in the Kurdish-administered region. Turkey hopes the buffer zone will keep...

About Us

Get all the up-to-date breaking news about politics, business, entertainment, sports, lifestyles, weather, traffic, and local news in a seamless digital environment only in Morning Dispatcher.

Contact us: sales[at]morningdispatcher.com

Subscribe Now!

Quick Links

HomePress