DUBLIN, Feb. 28, 2023 /PRNewswire/ — The Global Autonomous Mobile Robots Market Size and Share Analysis By Offering, Enduser, Application – Industry Demand Forecast to 2030 report has been added to ResearchAndMarkets.com’s offering.
The total size of autonomous mobile robot market was US$3,148 million in 2022 and will reach US$10,979 million by 2030, growing by 16.90% in the coming years, according to the report.
In the past, the logistics category had the largest share of sales at around 29%. These robots are mainly installed to move goods within a warehouse or storage capacity and therefore allow actual inventory management. This leads to a reduction in overall logistics costs and streamlining of the supply chain.
Therefore, according to the IFR, by 2025 over 5 million AMRs will be operational in approximately 60,000 warehouses worldwide.
In addition, a new generation of AMRs supports logistics companies in various warehouse tasks. AMRs can free people from routine tasks and allow them to focus on more rewarding and value-added activities.
In the coming years, wider acceptance of AMRs will be achieved in a wider range of different use cases, accompanied by advances in their technical reliability and maturity.
The increasing need for factory automation solutions is a major factor driving the industry. Due to the increasing complexity of manufacturing processes, higher labor costs, labor shortages and increasing emphasis on increased productivity, the need for factory automation solutions is increasing worldwide.
Likewise, logistics centers and warehouses require AMRs for transport and loading work. In addition, companies in China and India are increasingly focusing on automated solutions to fill labor shortages and improve product quality to compete in global markets.
The APAC market for autonomous mobile robots will show a significant growth rate of about 18.2% in the coming years. This will continue its dominance for years to come. The People’s Republic, Japan and South Korea are the main buyers of these robots, which at the same time drive global demand.
Additionally, due to numerous government initiatives such as Made in China 2025 and Make in India aimed at accelerating automation in the manufacturing industry, the need for AMRs is increasing across the region, mainly in India, Thailand, China and Indonesia.
For example, in the Made in China 2025 plan, the Chinese government is applying automation and robotics technologies to the manufacturing sector.
Accordingly, the Indian government is focused on formulating an ecosystem for the spread of Industry 4.0 in every manufacturing-related sector in the country by 2025.
Due to the increasing demands for automation of factory operations and the growing e-commerce sector, the demand for autonomous mobile robots will increase significantly in the coming years.
BAE Systems Plc Cobham plc General Atomics Aeronautical Systems Inc. 6 River Systems Inc. Fetch Robotics Inc. OMRON Corporation inVia Robotics Inc. Geekplus Technology Co. Ltd. Gray Orange Pte. ltd ABB Ltd. IAM Robotics KUKA AG Teradyne Inc. Textron Systems Corporation
For more information about this report, visit https://www.researchandmarkets.com/r/1tq2zo-autonomous?w=5
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SOURCE Research and Markets