Global Autonomous Mobile Robot Market

Autonomous Mobile Robot Market Size, Share, Growth Analysis, By Component (Software, Service), By Type (Unmanned Ground Vehicle, Humanoid), By Battery Type (Lead, Lithium-Ion), By, Application, By Payload Capacity, By Navigation Technology, By End User and By Region - Industry Forecast 2025-2032


Report ID: SQMIG45A2375 | Region: Global | Published Date: November, 2024
Pages: 201 | Tables: 91 | Figures: 70

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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FAQs

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). 

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. 'Omron Corporation (Japan) ', 'Geek+ (China) ', 'Fetch Robotics (USA) ', 'Locus Robotics (USA) ', 'Mobile Industrial Robots (MiR) (Denmark) ', 'Boston Dynamics (USA) ', 'Yaskawa Electric Corporation (Japan) ', 'ABB Ltd. (Switzerland) ', 'KUKA AG (Germany) ', 'Clearpath Robotics (Canada) ', 'AutoGuide Mobile Robots (USA) ', 'Seegrid Corporation (USA) ', 'Vecna Robotics (USA) ', 'Balyo SA (France) ', 'Waypoint Robotics (USA) ', 'Mujin, Inc. (Japan) ', 'Savioke (USA) ', 'iFollow (France) ', 'Robotnik Automation (Spain) ', 'TinyMobileRobots (Denmark) '

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.

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.

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.

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Global Autonomous Mobile Robot Market

Report ID: SQMIG45A2375

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