Autonomous Mobile Robots Market Report: Comprehensive Insights and Growth Projections for 2023-2031

The global Autonomous Mobile Robots Market size was valued at USD 3.01 Billion in 2022 and is projected to reach USD 13.97 Billion by 2031, growing at a Compound Annual Growth Rate (CAGR) of 18.6% during the forecast period from 2023 to 2031.

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Market Definition and Latest Trends

Autonomous Mobile Robots (AMRs) are robots that can move independently through their environment without being overseen directly by human operators. These robots are extensively used in various sectors such as manufacturing, warehousing, logistics, and healthcare for tasks like goods transportation, inventory management, and facility monitoring.

Latest Trends:

1. Adoption of Advanced Sensors and AI: The integration of advanced sensors and Artificial Intelligence (AI) into AMRs is enhancing their navigation and operational capabilities, making them more efficient and reliable.

2. Shift Towards Automation in Warehousing: The rise in e-commerce and demand for faster delivery has propelled the need for automation in warehouses, significantly driving the growth of AMRs.

3. Collaborative Robots (Cobots): There is a growing trend of collaborative robots that work alongside humans, improving productivity and safety in various industrial settings.

Market Segmentation

The report breaks down the Autonomous Mobile Robots Market by type, battery type, end-user, and applications, providing detailed insights into each segment.

By Type:

• Goods-to-Person Picking Robots

• Self-Driving Forklifts

• Autonomous Inventory Robots

• Unmanned Aerial Vehicles

By Battery Type:

• Lead Battery

• Lithium-Ion Battery

• Nickel-based Battery

• Others

By End-User:

• Manufacturing

• Wholesale and Distribution Sector

By Applications:

• Warehouse

• Manufacturing

• Others

Key Players in the Market

The report identifies key players driving the Autonomous Mobile Robots Market and examines their strategies, market positioning, and product offerings. Major companies include:

1. ABB

2. Bleum

3. Boston Dynamics

4. Clearpath Robotics, Inc.

5. GreyOrange

6. Harvest Automation

7. IAM Robotics

8. inVia Robotics, Inc.

9. KUKA AG

10. Teradyne Inc.

11. UVD Robots

Growth Factors

Several factors are contributing to the growth of the Autonomous Mobile Robots Market:

• Labor Shortages: The increasing scarcity of labor in various industries is driving the demand for AMRs to fill the gap.

• Rising E-commerce Industry: The exponential growth of the e-commerce sector requires efficient warehouse operations, boosting the adoption of AMRs.

• Cost-Effectiveness: The long-term cost savings associated with the deployment of AMRs in place of human labor is a significant growth driver.

Opportunities

• Expansion in Emerging Markets: The growing industrial sector in emerging economies presents significant opportunities for the adoption of AMRs.

• Advancements in Battery Technology: Innovations in battery technology are enhancing the efficiency and operational time of AMRs, creating new growth avenues.

Conclusion

The Autonomous Mobile Robots Market is poised for substantial growth, driven by technological advancements, increasing automation in industries, and the rising need for efficient logistics and warehouse management. Straits Research’s report provides crucial insights that can help businesses navigate this rapidly evolving market landscape.

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