Global Autonomous Mobile Robot Market

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.

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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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Global Autonomous Mobile Robot Market

Report ID: SQMIG45A2285

$5,300
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