The Global Autonomous Mobile Robots market is projected to reach $ 12.4 Billion by 2030.
23-01-2023
Source – Allied Market Research Report
The global autonomous mobile robots market was valued at $2.7 Billion in 2020 and is projected to reach $12.4 Billion By 2030, growing at a CAGR of 17% from 2021 to 2030. Autonomous robots are intelligent machines that can accomplish tasks in real-life without intentional human control. Autonomous mobile robots (AMRs) can understand and navigate their surroundings without the direct supervision of a person. An autonomous mobile robot navigates using maps created on-site by its software or pre-loaded facility drawings; this capacity can be equated to a car equipped with a pre-loaded set of maps. In addition, an autonomous mobile robot identifies the optimum path between waypoints using technology such as LiDAR sensors and simultaneous localization & mapping (SLAM).
Moreover, an autonomous mobile robot automatically develops the shortest way depending on various conditions and requirements; if the task alters from day to day, an autonomous mobile robot changes route with it. In addition, to select the best route to its next waypoint, autonomous mobile robots automatically detect & avoid obstacles and restricted passageways.
Owing to their unique operational characteristics and patterns, the demand for autonomous robots has skyrocketed. Growth in application of autonomous robots in various industrial sectors such as automotive & healthcare and raising awareness about the benefits of autonomous mobile robots fuel the demand for autonomous mobile robots. However, high costs associated with the setup and insufficient internet connectivity coverage are projected to limit the adoption of autonomous mobile robots. On the contrary, the emergence of Industry 4.0 in logistics & warehousing and the rising E-commerce industry in favor of the market are projected to create new growth opportunities for prominent players.
For instance, in January 2022, Boston Dynamics entered into collaboration with DHL Supply Chain. Under this collaboration, the companies signed a multi-year agreement that begins with equipping DHL facilities with Stretch, Boston Dynamics’ newest robot specifically designed to automate the unloading process in distribution centers. The autonomous mobile robot market is segmented on the basis of type, application, end-user, and region. By type, the autonomous mobile robot market has been categorized into goods-toperson picking robots, self-driving forklifts, autonomous inventory robots, and unmanned aerial vehicles.
By application, the market has been classified into sorting, pick & place, tugging, warehouse, and others. By end-user, the market has been bifurcated into warehouse/distribution center and manufacturing. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Key players profiled in this report include Boston Dynamics, Clearpath Robotics Inc., Conveyco Technologies, Geekplus Technology Co. Ltd., IAM Robotics, KUKA AG, MHS Global, Omron Group, Teradyne Inc., and Locus Robotics.
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