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 News

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.

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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 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. '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'

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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