Connect with us

Technology

Mobile Robot Charging Station Market size is set to grow by USD 817.9 million from 2024-2028, Reduced cost price of electronic components boost the market, Technavio

Published

on

NEW YORK, July 4, 2024 /PRNewswire/ — The global mobile robot charging station market size is estimated to grow by USD 817.9 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 40.15%  during the forecast period. Reduced cost price of electronic components is driving market growth, with a trend towards contactless charging. However, replacement cost of charging station  poses a challenge. Key market players include Clearpath Robotics Inc., DF Automation and Robotics Sdn Bhd, Festo SE and Co. KG, KUKA AG, Locus Robotics Corp., Mobile Industrial Robots AS, Neobotix GmbH, Nidec Corp., OMRON Corp., PAL Robotics, Paul Vahle GmbH and Co. KG, Robotnik Automation SLL, Shenzhen Tianyou Intelligence Co. Ltd., Singapore Technologies Engineering Ltd., SMP Robotics Systems Corp., Trossen Robotics, Volkswagen AG, WiBotic, Wiferion GmbH, and Zebra Technologies Corp..

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Mobile Robot Charging Station Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 40.15%

Market growth 2024-2028

USD 817.9 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

29.63

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

APAC at 36%

Key countries

US, China, UK, Germany, and Japan

Key companies profiled

Clearpath Robotics Inc., DF Automation and Robotics Sdn Bhd, Festo SE and Co. KG, KUKA AG, Locus Robotics Corp., Mobile Industrial Robots AS, Neobotix GmbH, Nidec Corp., OMRON Corp., PAL Robotics, Paul Vahle GmbH and Co. KG, Robotnik Automation SLL, Shenzhen Tianyou Intelligence Co. Ltd., Singapore Technologies Engineering Ltd., SMP Robotics Systems Corp., Trossen Robotics, Volkswagen AG, WiBotic, Wiferion GmbH, and Zebra Technologies Corp.

Market Driver

Mobile robot charging stations are crucial for seamless operations in industrial and commercial settings. Traditional charging methods through stations cause delays due to extended downtime. To address this issue, contactless charging technology using capacitive power transfer (CPT) is gaining popularity. CPT reduces electromagnetic interference and ensures uninterrupted power supply to AMRs. This contactless charging facility eliminates the need for wired connections or contact with docking stations, enabling continuous power supply and uninterrupted robot performance. The global market for mobile robot charging stations is expected to experience significant growth due to these advancements. 

The Mobile Robot Charging Station market is experiencing significant growth, with various solutions and technologies in use. Charging stations for charing robots are essential for their efficient operation. Autonomous mobile robots require regular charging to function optimally. Carbon fiber reinforced plastic and aluminum materials are commonly used in the construction of these charging stations. The market includes stations for stationsary and transport robots. Docinking stations are also popular for quick charging. The market consists of companies providing mobility and automation solutions, robot manufacturers, and component suppliers. The trend is towards smaller, more efficient charging stations that can be easily integrated into various industrial settings. The use of undeground charging systems is also gaining popularity for its convenience and space-saving benefits. The market for charging stations is expected to continue growing as the adoption of robots increases across industries. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

•         Mobile robot charging stations are essential components of automated mobile robot (AMR) systems. These stations come in various configurations and power capacities to accommodate different AMR models. However, technical issues in charging stations can lead to replacement, increasing costs and hindering robot mobility. Multi-robot charging stations face larger-scale disruptions, impacting floor operations and requiring significant replacement expenses.

•         The Mobile Robot Charging Station market faces several challenges. Connectors and contacts in charging stations need to be reliable and durable for consistent performance. The size and weight of charging stations must be considered to ensure they can be easily transported and integrated into various environments. The cost of charging stations is also a concern, as businesses seek affordable solutions without compromising on quality. Additionally, the need for fast charging times and compatibility with various robot models adds complexity to the market. The use of advanced materials and technologies can help address these challenges, making charging stations more efficient, durable, and cost-effective.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

This mobile robot charging station market report extensively covers market segmentation by  

Application 1.1 Industrial1.2 CommercialType 2.1 Stand-alone chargers2.2 Multi-robot chargersGeography 3.1 North America3.2 Europe3.3 APAC3.4 Middle East and Africa3.5 South America

1.1 Industrial-  The manufacturing, oil and gas, aerospace and defense, healthcare, and mining industries are increasingly utilizing Autonomous Mobile Robots (AMRs) for tasks that cannot be performed manually. Unmanned Ground Vehicles (UGVs) in manufacturing are self-navigating and require continuous charging. Docking stations transmit signals to guide AMRs to charging facilities, ensuring uninterrupted operations and contributing to the market growth for mobile robot charging stations.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The Mobile Robot Charging Station market is experiencing significant growth due to the increasing adoption of mobile robots in various industries, including electric vehicles and autonomous vehicles. Charging stations and docking stations are essential components of mobile robot systems, enabling efficient and automated charging experiences. Multi-robot chargers and stand-alone chargers are two primary types of charging solutions, catering to different user requirements. Contactless charging technology is gaining popularity in this market due to its convenience and safety benefits. The growth of automation in industries and the expanding NEV market are key drivers for the Mobile Robot Charging Station market. Charging infrastructure development is a critical factor in the market’s growth, ensuring seamless integration and operation of mobile robots.

Market Research Overview

The Mobile Robot Charging Station market is a significant segment in the robotics industry, catering to the growing demand for automated solutions in various sectors. These stations enable uninterrupted operation of mobile robots by providing efficient charging mechanisms. Charging stations come in different designs, such as docking stations and wireless charging pads. They are essential for industries like manufacturing, logistics, healthcare, and agriculture, where mobile robots are extensively used. The market for these charging stations is driven by factors like the increasing adoption of automation, the need for round-the-clock robot operation, and advancements in charging technology. The market is expected to grow steadily in the coming years, offering opportunities for technology innovations and improvements in efficiency.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ApplicationIndustrialCommercialTypeStand-alone ChargersMulti-robot ChargersGeographyNorth AmericaEuropeAPACMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides 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.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/mobile-robot-charging-station-market-size-is-set-to-grow-by-usd-817-9-million-from-2024-2028–reduced-cost-price-of-electronic-components-boost-the-market-technavio-302188842.html

SOURCE Technavio

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

MESCIUS inc. Recognized in 2024 ComponentSource Awards

Published

on

By

PITTSBURGH, July 19, 2024 /PRNewswire/ — MESCIUS inc, a global provider of award-winning enterprise software development tools, is pleased to announce that it has been recognized as the 2024 number two publisher and top five publisher by ComponentSource, the world’s largest marketplace for software components and development tools. ComponentSource also recognized MESCIUS for its many top-selling products on its annual listing.

Discover what MESCIUS products received top awards in the 2024 ComponentSource Awards.

As the component and tools market continues to expand with more mature technologies, MESCIUS inc. is pleased to offer high-performing and robust components that allow developers to “write once, deploy anywhere” across mobile, web, desktop, server, and multiple OS platforms.

ActiveReports. NET Professional received a #5 Product Award and a Top 5 Product Award. Spread. NET and ComponentOne Studio Enterprise were each honored with Top 10 Product Awards. ActiveReports .NET Standard and ComponentOne Studio WinForms received a Top 25 Product Award, while SpreadJS and Wijmo earned Top 50 Product Awards. ComponentOne Studio ActiveX, ComponentOne Studio WPF, and ActiveReportsJS secured a Top 100 Product Award. In addition to the various product awards, MESCIUS inc received a #2 Publisher Award and a Top 5 Publisher Award.

Publisher and product rankings are calculated based on ComponentSource’s actual sales orders placed by customers globally during 2023.

View the 2024 Publisher Awards List.View the 2024 Product Awards List.

“As with previous years, these awards are derived from the orders we’ve received from our global customer base,” said Sam Patterson, ComponentSource CEO. “They offer an authentic snapshot of the global market for commercial software components and development tools in 2023. We believe our awards provide precise, real-world insights into how our customers are utilizing these components and development tools in their most recent projects.”

“The rebranding from GrapeCity Developer Solutions to MESCIUS Inc. in 2023 marked a significant milestone, introducing not only a new name but also a revitalized approach to our product suite,” stated Joseph Lininger, Director of Marketing at MESCIUS (formerly GrapeCity). “We are delighted to continue our longstanding partnership with ComponentSource, which has been instrumental in distributing our .NET and JavaScript grids, UI components, reporting tools, spreadsheet and document APIs, and mobile controls. This collaboration ensures that our global developer community remains well-equipped with superior products and services they have come to expect from us.”

About ComponentSource ComponentSource is the world’s largest marketplace for reusable software components for all platforms. The respected barometer for the component industry, ComponentSource pioneered the open market for reusable software components in 1995 and continues to drive the market through its award-winning e-business model and groundbreaking work to establish the first widely accepted reusable component standard. A global e-business with customers in over 180 countries, ComponentSource is headquartered in Atlanta, GA United States and has offices in Reading, England, Dublin, Ireland and Tokyo, Japan. For more information, please visit http://www.componentsource.com.

About MESCIUS MESCIUS inc. is one of the world’s largest providers of developer components. The company retains 400 employees and hundreds of thousands of customers worldwide. MESCIUS inc. is committed to providing enterprises around the world with state-of-the-art developer tools and components, software services, and solutions. For more information, visit https://developer.mescius.com.

All product and company names herein may be trademarks of their respective owners.

View original content:https://www.prnewswire.com/news-releases/mescius-inc-recognized-in-2024-componentsource-awards-302201201.html

SOURCE MESCIUS inc.

Continue Reading

Technology

tKash Celebrates 1st Anniversary with Major Milestones and Exciting Promotions

Published

on

By

Achieving 100,000 Registrations, International Reach, and Celebratory Promotions Highlight tKash’s Remarkable First Year

KUALA LUMPUR, Malaysia, July 19, 2024 /PRNewswire/ — tKash, a pioneering financial services app, is celebrating its first anniversary with notable achievements and exciting promotions. Launched with a vision to simplify financial transactions, tKash has reached impressive milestones, including 100,000 registrations and up to 10,000 daily active users.

Since its inception, tKash has been dedicated to providing seamless and secure financial services. The app has enabled users to transfer up to RM 1 million across borders, offering peace of mind with its reliable and efficient service. In addition to money transfers, tKash provides convenient currency exchange services for up to 10 countries’ currencies, including Bangladesh, Indonesia, India, the Philippines, Pakistan, Singapore, Vietnam, Thailand, and Myanmar.

One of the standout features of tKash is its Live FC (foreign currency) Rates, which allows users to track currency fluctuations in real time, ensuring they make informed decisions when exchanging currencies.

The company’s growth and success have not gone unnoticed. tKash proudly featured its video on the iconic New York Times Square billboard and displayed billboards in Kuala Lumpur, enhancing its brand visibility on an international scale. Influencers from countries such as Thailand have shared positive reviews on social media, further boosting tKash’s presence on social media.

To celebrate its first anniversary, tKash is running a special promotion where users who refer their friends have the chance to share in a RM100,000 prize pool, making it even more rewarding to engage with the app. The company continues to innovate, with regular updates to its app, which are available for download on both the PlayStore and AppStore. In January 2024, tKash launched its official website, providing users another platform to access its services.

In just one year, tKash has proven to be a game-changer in the financial services industry, making everyday transactions smoother and more accessible. With its tech-savvy team and commitment to customer satisfaction, tKash is poised for continued growth and success.

tKash is a leading financial services app committed to making financial transactions easier and more accessible. With secure money transfers, real-time currency exchange rates, and a user-friendly interface, tKash transforms how people manage their finances. For more information, visit tKash.co.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/tkash-celebrates-1st-anniversary-with-major-milestones-and-exciting-promotions-302201283.html

SOURCE tKash

Continue Reading

Technology

Saronic Raises $175 Million in Series B Funding, Valuing Company at $1 Billion

Published

on

By

Funding will accelerate Saronic’s growth and further scale production of its autonomous surface vessels for the U.S. Navy and its allies

AUSTIN, Texas, July 19, 2024 /PRNewswire/ — Saronic, a defense technology leader that designs and manufactures autonomous surface vessels (ASVs), today announced a $175 million Series B raise placing the company’s valuation at $1 billion. The funding round was led by Andreessen Horowitz (a16z), with participation from both new and existing investors, including 8VC, Caffeinated Capital, Elad Gil, and NightDragon, among others.

Saronic is redefining maritime superiority for the U.S. Navy and its allies by delivering the most effective and advanced ASVs at the speed and scale needed to meet the rapidly growing needs of the Joint Force. Saronic’s ASVs are designed to serve as a force multiplier for the existing Fleet, working alongside manned systems to allow naval forces to go farther and do more with less risk to life and mission. 

“We are creating an entirely new capability for the maritime domain, one that delivers naval power without the costs and delays of a shipyard,” said Saronic CEO Dino Mavrookas. “As the future of naval warfare will rely on manned and unmanned teaming, we must build solutions that easily integrate into the existing fleet and can be produced at scale to meet any emerging threat. We are grateful to our investment partners who believe so strongly in Saronic’s ability to meet that need.”

Saronic’s investor group is composed of firms committed to ensuring that the U.S. military maintains its decisive advantage in the face of an increasingly complex and competitive global threat landscape through the integration of advanced technology and innovative capabilities that truly meet the needs of the warfighter. 

“Our nation’s future depends on us continuing to build and deploy the best, most innovative technology” said Katherine Boyle, General Partner at a16z. “Saronic is developing the solutions we need to protect the warfighter and stay ahead of our adversaries, and we are proud to support their continued growth.”

This new investment will accelerate Saronic’s growth both domestically and internationally. At home, it will allow further expansion of Saronic’s in-house manufacturing capabilities and enable increased production of all its ASV models. Additionally, it will advance the research and development of new autonomous capabilities for naval and maritime forces, including increased technology and payload integration with government and commercial partners. Internationally, this investment will support Saronic’s expansion to more fully serve U.S. allies and partners in key markets.

“To deter China and other adversaries, the United States and our allies must bring intelligent, autonomous new capabilities to naval warfare,” said Alex Moore, Partner at 8VC. “Saronic delivers these capabilities on a relevant scale and timeline, and has enlisted the top engineers and operators in the industry.”

Saronic’s family of ASVs includes Spyglass (6′), Cutlass (14′) and Corsair, its largest model, which is currently in development and testing. Each vessel features integrated autonomous capabilities to meet a customer’s specific requirements and can carry diverse payloads in communication- and GPS-denied environments. Through the vertical integration of hardware and software as well as the use of a Modular Open Systems Architecture (MOSA), Saronic’s ASVs deliver greater interoperability at a price point that makes them attritable. Having a cost-effective capability that can be deployed without putting human operators in harm’s way increases the survivability of the fleet and enables commanders to engage in situations where the risk is too high to deploy a traditional manned system.

For more information about Saronic, please visit: https://www.saronic.com.  

Media Contact: Press@saronic.com 

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/saronic-raises-175-million-in-series-b-funding-valuing-company-at-1-billion-302201280.html

SOURCE Saronic

Continue Reading

Trending