NEW YORK, Feb. 9, 2022 /PRNewswire/ — The professional service mobile robots market in APAC is set to grow by USD 1.51 bn, progressing at a CAGR of 23.51% from 2020 to 2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
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The report also covers the following areas:
The professional service mobile robots market in APAC is fragmented, and the degree of fragmentation will accelerate during the forecast period. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.
Professional Service Mobile Robots Market in APAC 2021-2025: Segmentation Analysis
By end-user, the professional service mobile robots market in APAC has been segmented into logistics and warehousing, agriculture and mining, medical and healthcare, hospitality and tourism, and others. The logistics and warehousing segment will have significant market share growth during the forecast period. Professional service mobile robots are primarily used in warehouses for moving goods within the warehouse or logistics facilities.
Professional Service Mobile Robots Market in APAC 2021-2025: Geographical Analysis
By geography, the professional service mobile robots market in APAC has been segmented into China, South Korea (Republic Of Korea), Japan, Singapore, and Rest Of APAC. China will account for 37% of the market’s growth during the forecast period. Major factors driving the growth of the market in the country are government initiatives undertaken in areas such as automation and robotics and the growing penetration of IoT in commercial and industrial sectors.
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Professional Service Mobile Robots Market in APAC 2021-2025: Vendor Analysis and Scope
To help businesses improve their market position, Technavio’s report provides a detailed analysis of around 25 vendors operating in the market. Some of the major vendors of the professional service mobile robots market in APAC include Aethon Inc., Clearpath Robotics Inc., Hyundai Motor Company, MIDEA GROUP, New Kinpo Group, OMRON Corp., Savioke Inc., SESTO ROBOTICS Pte. Ltd., and Teradyne Inc.
The increasing investments in logistics and warehousing segment, expanding aging population and rising labor shortage in APAC, and high efficiency and safety of the workforce will offer immense growth opportunities. However, factors such as technical challenges is may threaten the growth of the market.
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Professional Service Mobile Robots Market in APAC 2021-2025: Key Highlights
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CAGR of the market during the forecast period 2021-2025
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Detailed information on factors that will assist professional service mobile robots market growth in APAC during the next five years
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Estimation of the professional service mobile robots market size in APAC and its contribution to the parent market
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Predictions on upcoming trends and changes in consumer behavior
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The growth of the professional service mobile robots market in APAC
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Analysis of the market’s competitive landscape and detailed information on vendors
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Comprehensive details of factors that will challenge the growth of professional service mobile robots market vendors in APAC
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Professional Service Mobile Robots Market In APAC Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 23.51% |
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Market growth 2021-2025 |
USD 1.51 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
21.45 |
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Regional analysis |
China, South Korea (Republic of Korea), Japan, Singapore, and Rest of APAC |
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Performing market contribution |
China at 37% |
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Key consumer countries |
China, South Korea (Republic of Korea), Japan, and Singapore |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
Aethon Inc., Clearpath Robotics Inc., Hyundai Motor Company, MIDEA GROUP, New Kinpo Group, OMRON Corp., Savioke Inc., SESTO ROBOTICS Pte. Ltd., and Teradyne Inc. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period, |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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