USD 2.56 Billion
Autonomous Mobile Robot Market Size, Share, Growth Analysis, By Type(Unmanned Ground Vehicle, Humanoid, Unmanned Aerial Vehicle, and Unmanned Marine Vehicle), By End-User(Defense and Security, Warehouse and Logistics, Energy and Power, Manufacturing and Automotive), By Application(Goods-to-person Picking Robots, Self-driving Forklift), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG45A2285 |
Region:
Global |
Published Date: April, 2024
Pages:
201
|Tables:
91
|Figures:
70
Autonomous Mobile Robot Market Insights
Global Autonomous Mobile Robot Market size was valued at USD 2.56 Billion in 2022 and is poised to grow from USD 3.16 Billion in 2023 to USD 17.33 Billion by 2031, growing at a CAGR of 23.7% in the forecast period (2024-2031).
Autonomous mobile robots (AMRs) can detect, transport and sort products in manufacturing and distribution centers without manual intervention. AMRs use onboard sensors, vision cameras, and facility maps in conjunction with Warehouse Execution Software (WES) to accomplish a variety of tasks, including the movement of raw materials and manufactured goods within the facility Reversible It is believed to provide greater risk and logistics and empower employees by working together to create a more productive work environment.
Robots use sensors and algorithms to navigate dynamic environments but cannot make detailed decisions with sensory input. Artificial intelligence is the next step in developing AMRs for intelligent transport robots. Adding AI technology to mobile robots improves productivity. Versatile and easily adaptable to the work environment. AI enables mobile robots equipped with sensors and software to control and monitor objects. The robots can collect data from 3D cameras, laser scanners, accelerometers, gyroscopes and wheel encoders to make better decisions in difficult situations.
Market Snapshot - (2024-2031)
Global Market Size
Largest Segment
Goods-to-Person Picking
Fastest Growth
Self-Driving Forklift
Growth Rate
23.7% CAGR
Global Autonomous Mobile Robot Market ($ Bn)
Country Share for North America Region (%)
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Autonomous Mobile Robot Market Segmental Analysis
Based on Type, the market is segmented into Unmanned Ground Vehicle, Humanoid, Unmanned Aerial Vehicle, Unmanned Marine Vehicle. Based on End-User, the market is segmented into Defense and Security, Warehouse and Logistics, Energy and Power, Manufacturing and Automotive. Based on Type, the market is segmented into Goods-to-person Picking Robots, Self-driving Forklift. Based on region, the market is segmented into North America, Europe, Asia-Pacific, and LAMEA.
Analysis by Type
The goods-to-person picking robots segment led the market and accounted for more than 48% of the global revenue by 2022. Products can attribute this high share to the continuous use of autonomous robots for this purpose manual selection of paper-based materials. Human pickup robots can be programmed to move carts and use convenient routes to move materials between personnel stations. Many roboticums including Bleum, Greyorrange. Robotics and more will offer autonomous mobile motion picking systems that can be used at another language level, for example, the folk robotic system of the robot. Transfer", travel time, extra time, can increase productivity by 3-5 times by reducing labor costs such as training costs.
The self-driving forklift segment is expected to show a remarkable change in demand over the forecast period. Self-propelled forklifts are ideal for repetitive loading that typically involves long distances. Linde Material Handling, a German-based manufacturer of forklift trucks and warehouse equipment, offers automated forklifts equipped with front & rear scanners, navigation lasers, acoustic and visual warning signs, and 3D camera vision.
Analysis by End-Use
Aerospace and Defense segments are expected to witness significant growth during the forecast period. The manufacturing operations associated with the aerospace and defense industry verticals are large because they must handle large components such as nacelles, fuselage, wings, and engine pods but access to these parts is in the manufacturing industry in is quite narrow. To avoid any possible accidents and disasters caused by human error while transporting heavy loads in narrow passages, aerospace & defense companies are aggressively implementing autonomous robotic carriers move heavy materials into the plant along predetermined routes or dynamic routes.
By 2022, the manufacturing sector will lead the market, accounting for more than 75% of global revenues. This high share can be attributed to the continuous automation of manufacturing processes worldwide. The segment is further segmented into automotive, aerospace, electronics, pharmaceuticals, pharmaceuticals, plastics, defense, FMCG, and others. The automotive segment also gained significant market share owing to the rapid adoption of AMR for various industries, such as assembly, painting, sealing, coatings, mechanical inspection & part installation, and material removal, as well in-house logistics of car manufacturing.
For example, in August 2022, Israeli manufacturer of AI-enabled control towers MAESTRO signed an agreement with auto parts manufacturer Musashi Seimitsu for the installation of a mobile robot (AMR) 200 by MAESTRO will be installed. Musashi Seimitsu has 35 manufacturing facilities worldwide. MAESTRO-powered AMRs from the 634AI.
Global Autonomous Mobile Robot Market By Type (%)
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Autonomous Mobile Robot Market Regional Insights
North America is likely to grow rapidly due to the rising e-commerce sales witnessed in this region. Additionally, the rapid adoption of technology, the presence of leading manufacturers in this sector, and substantial investments from regulatory agencies to build automated warehouses and distribution centers are providing market growth has further increased.
Asia-Pacific is expected to grow significantly in the coming years. Especially due to empowered and unpowered regional players using marketing strategies to expand its territories thereby creating a potential impact on the global market. Moreover, the presence of major countries such as China, Japan, South Korea, India, and others, is focused on the integration of advanced technologies especially 5G connectivity, A-based route mapping and localization, and development another with potential impact on the market.
Global Autonomous Mobile Robot Market By Geography
- Largest
- Fastest
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Autonomous Mobile Robot Market Dynamics
Drivers
Growing E-commerce Industry to Work to Support Market Growth
- Increased growth in the e-commerce industry allows owners of warehouses and distribution centers to focus on improving their business operations from manual to automated to meet changing customer buying patterns the solution. In February 2020, The U.S. For example, in January 2021, Walmart Inc. will have 100,000 shares. began adding bot-operated automated warehouses to dozens of its stores to give customers more efficiency, faster fulfillment and greater range for pickup and delivery. Additionally, in December 2020, Sam’s Club integrated a Gray Orange autonomous mobile robot for e-commerce orders at its Southern California fulfillment center. Sam’s Club estimates its e-commerce sales will reach US$363 million by the end of the third quarter of 2020, up from $277 million a year ago.
Rise in Need to Meet Changing Demand
- Major autonomous mobile robots market players manufacture various robotic parts and controllers for various applications, especially automotive industry, baggage sensing in airports, environmental control in medicine, and many others for example Robotics by SICK Sensors have December 2020 and A line of Light Detection and Ranging (LiDAR) sensors have been launched explicitly for anti-collision applications in AMRs These sensors can sense large sweeping areas with low energy consumption. Similarly, in June 2020, Qualcomm introduced the world’s first 5G and A-based platform for industrial and professional services applications. The processor enables odd computing, enhanced computer vision and more, ideal for low-power robots and drones.
Restraints
High Setup Costs to Hinder Market Growth
- A limiting factor identified is the need for significant initial investments to upgrade automated stores and distribution centers to achieve maximum productivity and efficiency. This creates a difficult environment for SMEs to invest due to low productivity, return on investment and delayed profitability. High costs associated with acquisition, integration, configuration, and accessories restrain the growth of the global market. Also, robotic suppliers must implement robots to suit their current operations, which sometimes creates concerns in time for inventory management and management, so those items limit the market.
High Investment Costs
- Initially, the high cost of autonomous transportation (AMR) robots is a major obstacle to their adoption. The implementation of autonomous mobile robots (AMRs) requires significant budgets for hardware acquisition, infrastructure research and software development. Organizations need to invest in robots, sensors, and other related equipment and adapt infrastructure such as navigation systems and charging stations. Integrating AMR into existing enterprise systems such as warehouse management systems or ERP systems requires new custom software. In addition, organizations should allocate resources for training employees to work effectively with AMR as well as ongoing operating expenses such as maintenance, repair, and upgrades. These factors contribute to the high initial investment required to implement AMR, which can be a barrier for some organizations, particularly small and medium-sized businesses with limited budgets.
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Autonomous Mobile Robot Market Competitive Landscape
The competitive environment of the Global Autonomous Mobile Robot Market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Innovation is a key competitive factor. Established organizations within the industry leverage techniques inclusive of product innovation, strategic partnerships, and mergers and acquisitions to strengthen their market position. Additionally, the market is witnessing elevated opposition from local and neighborhood producers supplying cost-powerful options.
Top Player’s Company Profiles
- Zebra Fetch Robotics
- SuperDroid Robots
- ST Engineering Aethon, Inc
- SoftBank Robotics
- ROBOTLAB Inc.
- OTTO Motors
- ABB Robotics
- Omron Group
- Mobile Industrial Robots
- Locus Robotics
- GreyOrange
- Gideon Brothers
- Geekplus Technology Co Ltd.
- Blue Skye Automation
Recent Developments
- In March 2023, Locus Robotics will launch LocusONE, a data science-driven warehouse platform that can enable seamless manufacturing and control of multiple AMR form factors as a single integrated warehouse of all sizes.
- In February 2023, Geek+ launched RoboShuttle Plus, which combines its warehousing with the RoboShuttle robotic tote car P40 and the flagship rack-to-person P800 robot in a single service center.
- In February 2021, Fetch Robotics will launch the PalletTransport1500, a mobile autonomous robot specifically designed to replace forklifts in warehouses.
Autonomous Mobile Robot Key Market Trends
- Introduction of Sophisticated Technology Embedded in Robotics: Advances in smart logistics and warehouse automation are dramatically changing the landscape of the supply chain ecosystem and better aligning all warehouse elements. It also provides growth opportunities for market participants by developing flexible technologies to address the variables in the day-to-day operations of warehouses and distribution centers. For example, in April 2020, UPS Supply Chain Solutions will introduce autonomous mobile robots (AMR) to pick up and deliver orders together to meet customers’ unique supply chain needs and monitor supply chain activities and end-to-end operations. These have been developed with robots and other features such as new highly sensitive video sensors, mapping and local, built-in systems of stereo cameras capable of planning their routes to warehouses at high speed.
Autonomous Mobile Robot Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
The growing development of robotics, autonomous technology and IoT has created a favorable environment for the adoption of autonomous connected vehicles in various industries These autonomous vehicles are expected to change the technological landscape affecting technology depending on the continued adoption of utility vehicles and public transport. This increase in autonomous technology vehicles is expected to fuel further growth of the market in the future.
In addition to labor-related challenges, security is another important driver of the transition to using AMR for warehouse automation. For example, according to the Occupational Safety and Health Administration (OSHA) and the U.S. Department of Health and Human Services. According to the Department of Labor, more than 11% of forklifts typically used to haul and move pallets to warehouses are likely to be involved in accidents for assistance reduces reliance on forklifts and is expected to improve warehouse-related safety has been very effective. The upfront cost of AMR can be prohibitive, especially if it is evaluated on a short-term outcome basis. The AGV system is more expensive than hiring labor and uses additional equipment such as hand lifts. But AMR can achieve a positive return on investment (ROI) over the long term and increase both productivity and efficiency, resulting in financial returns.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 2.56 Billion |
| Market size value in 2031 | USD 17.33 Billion |
| Growth Rate | 23.7% |
| Base year | 2023 |
| Forecast period | (2024-2031) |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
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| Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Autonomous Mobile Robot Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Autonomous Mobile Robot Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Autonomous Mobile Robot Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Autonomous Mobile Robot Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Autonomous Mobile Robot Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Autonomous Mobile Robot Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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