Mobile robot growth slows down, but future holds promise

According to the latest research from Interact Analysis, the global mobile robot market is slowing due to economic and political uncertainty. Despite near-term challenges, the long-term outlook remains positive, with shipments expected to grow 20-30% annually through 2030.

A recent survey of 300 mobile robot buyers showed an 18% average increase in planned spending for 2024 compared to 2023. However, factors like global conflicts, slower-than-expected price reductions, and a cautious investment approach from businesses are holding back immediate growth.

“While adoption remains modest today and the socio-political climate is constraining growth, the rapid advances in mobile robotics and the flexibility these solutions offer are setting the foundation for transformative growth,” said Ash Sharma, chief commercial officer at Interact Analysis.

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