Autonomous Mobile Robots Market

Autonomous Mobile Robots Market Size, Share, Growth Analysis, By Offering(Hardware, Software & Services), By Payload Capacity(<100 kg, 100 kg−500 kg), By Navigation Technology(Laser/LiDAR, Vision Guidance), By Industry(E-commerce, Manufacturing), By Region(North America, US) - Industry Forecast 2024-2031

Report ID: UCMIG20I2234 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Autonomous Mobile Robots Market Insights

Market Overview:

At a CAGR of 17.5% over the forecast period, the market for autonomous mobile robots is expected to grow from its current projected value of USD 1.8 billion in 2023 to USD 4.1 billion by 2028. The emergence of artificial intelligence technology in autonomous mobile robots, the widespread use of robots in manufacturing and warehouse logistics operations, and greater safety in high-risk workplaces are key reasons propelling the market for autonomous mobile robots.

Autonomous Mobile Robots Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Industrial Machinery by segment aggregation, the contribution of the Industrial Machinery in Capital Goods and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

Segmentation Analysis:

The Autonomous Mobile Robots Market is segmented by Offering, Payload Capacity, Navigation Technology, Industry, Region. We are analyzing the market of these segments to identify which segment is the largest now and in the future, which segment has the highest growth rate, and the segment which offers the opportunity in the future.

Autonomous Mobile Robots Market Basis Point Share Analysis, 2021 Vs. 2028
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  • Based on Offering the market is segmented as, Hardware, Software & Services
  • Based on Payload Capacity the market is segmented as, <100 kg, 100 kg−500 kg, >500 kg
  • Based on Navigation Technology the market is segmented as, Laser/LiDAR, Vision Guidance, Others
  • Based on Industry the market is segmented as, E-commerce, Manufacturing, Retail, Food & Beverage, Healthcare, Logistics, Others
  • Based on Region the market is segmented as, North America, US, Canada, Mexico, Europe, UK, Germany, France, Rest of Europe, Asia Pacific, China, Japan, South Korea, Rest of Asia Pacific, Rest of the World, Middle East & Africa, South America, KEY MARKET PLAYERS, ABB, Omron Automation, Mobile Industrial Robots, Fetch Robotics, OTTO Motors, Locus Robotic

Regional Analysis:

Autonomous Mobile Robots Market is being analyzed by North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA) regions. Key countries including the U.S., Canada, Germany, France, UK, Italy, Spain, China, India, Japan, Brazil, GCC Countries, and South Africa among others were analyzed considering various micro and macro trends.

Autonomous Mobile Robots Market Attractiveness Analysis, By Region 2020-2028
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Autonomous Mobile Robots Market : Risk Analysis

SkyQuest's expert analysts have conducted a risk analysis to understand the impact of external extremities on Autonomous Mobile Robots Market. We analyzed how geopolitical influence, natural disasters, climate change, legal scenario, economic impact, trade & economic policies, social & ethnic concerns, and demographic changes might affect Autonomous Mobile Robots Market's supply chain, distribution, and total revenue growth.

Competitive landscaping:

To understand the competitive landscape, we are analyzing key Autonomous Mobile Robots Market vendors in the market. To understand the competitive rivalry, we are comparing the revenue, expenses, resources, product portfolio, region coverage, market share, key initiatives, product launches, and any news related to the Autonomous Mobile Robots Market.

To validate our hypothesis and validate our findings on the market ecosystem, we are also conducting a detailed porter's five forces analysis. Competitive Rivalry, Supplier Power, Buyer Power, Threat of Substitution, and Threat of New Entry each force is analyzed by various parameters governing those forces.

Key Players Covered in the Report:

  • autonomous mobile robots market size is estimated to be valued USD 1.8 billion in 2023 and is anticipated to reach USD 4.1 billion by 2028, at a CAGR of 17.5% during the forecast period. The market growth is ascribed to increasing demand for AMRs across several industries, growing need for automation and labor optimization in warehouses, and rising demand for supply chain optimization. Additionally, emerging applications of AMR in a variety of industries are contributing to this market growth.
  • Driver: Rapid advancements in robotics and artificial intelligence
  • The market for autonomous mobile robots (AMRs) is expanding because of developments in robotics and artificial intelligence (AI) technology, allowing for the creation of sophisticated autonomous mobile robots. These robots are highly effective and versatile for various businesses as they can carry out complicated tasks independently. The development of advanced sensor technologies has greatly enhanced the capabilities of AMRs. Robots can precisely see and navigate their surroundings by using sensors like cameras, ultrasonic sensors, and LiDAR (light detection and ranging) systems. They can detect obstacles, map environments, and make real-time decisions to avoid collisions. For, Instance, Velodyne, which specializes in LiDAR sensors, have made significant advancements in sensor technology, enabling better perception and navigation for AMRs. AI algorithms and machine learning techniques enable AMRs to learn and adapt to their environments. Computer vision allows robots to recognize and interpret objects, people, and gestures, allowing for more sophisticated interaction with the surroundings. For instance, Boston Dynamics have developed AMRs like Spot that utilize advanced computer vision algorithms to perform inspection, surveillance, and data collection tasks. Moreover, AMRs are equipped with intelligent navigation systems utilize AI algorithms to plan efficient paths, avoid obstacles, and adapt to dynamic surroundings. And cloud computing enables real-time data processing and analysis and remote monitoring and control of AMRs. For instance, Mobile Industrial Robots offers collaborative AMRs that use AI-based navigation algorithms to optimize routes and avoid collisions in industrial and warehouse settings.
  • Restraint: High initial investment
  • The high initial expenditure required for Autonomous Mobile Robots (AMRs) is a key barrier to their implementation. Implementing Autonomous Mobile Robots (AMRs) requires a significant budget allocation for hardware acquisition, infrastructure modifications, and software development. Organizations need to invest in robotics, sensors, and other relevant equipment and make infrastructure changes such as navigation systems and charging stations. Integrating AMRs with existing enterprise systems such as Warehouse management systems or ERP systems necessitates extra software customization. Moreover, organizations must allocate resources for training employees to effectively work with AMRs and cover ongoing operational costs such as maintenance, repairs, and upgrades. These factors contribute to the high initial investment required for AMR implementation, which can be a barrier for some organizations, especially small and medium-sized enterprises with limited budgets.
  • Opportunity: potential growth in industry-specific applications
  • Businesses can open new opportunities and promote innovation by customising AMR technology to match particular sectors' distinct requirements and constraints. AMRs offers solutions to various industries including e-commerce, retail, manufacturing, food & beverage, healthcare, and hospitality. In healthcare industry, AMRs can be customized for supporting tasks such as delivery of supplies and medicines, linen and waste management, disinfection and cleaning, remote monitoring, assistance in patent care and in surgery. For instance, Savioke's Relay robot is designed for healthcare settings, delivering medication and supplies autonomously in hospitals. In retail and e-commerce, AMRs improve inventory management, order fulfillment, and customer experiences by navigating store aisles, restocking shelves, and offering personalized recommendations. The increasing digitalization of supply chains with the advent of Industry 4.0, IoT, big data analytics, and cloud computing has positively impacted application of AMRs.
  • Challenge: Integrating AMRs into existing workflows and systems
  • Many industries already have established processes, infrastructure, and legacy systems in place. Integrating autonomous mobile robots (AMRs) with existing systems poses challenges such as compatibility issues, data integration complexities, system scalability, system complexity, customization/configuration requirements, security and privacy concerns, and the need for user training and adoption.
  • Integrating autonomous mobile robots (AMRs) into various industries poses challenges as they need to coordinate seamlessly with existing systems. In warehouse and logistics operations, AMRs must establish communication with WMS and ERP systems, encountering hurdles such as different protocols and real-time synchronization. Similarly, AMRs must integrate with CAD, MES, and PLC systems to synchronize with machinery in manufacturing. For retail applications, AMRs must integrate with POS systems, barcode scanners, and inventory databases to ensure precise tracking. Moreover, in healthcare, integrating AMRs involves coordinating with EHR, medication management, and patient monitoring systems while prioritizing data security and compliance. Addressing these challenges necessitates meticulous coordination and compatibility to achieve successful integration.
  • To overcome these obstacles, AMR developers, system integrators, and stakeholders must work together, plan carefully, and have technical know-how. Making effective integration plans and ensuring a successful implementation requires understanding the current systems' limits.
  • Autonomous Mobile Robots Market: Key Trends
  • ABB, Omron Automation, Mobile Industrial Robots, Fetch Robotics, OTTO Motors are the top players in the AMR market. These AMR companies with advance robotics and AI technology trends with a comprehensive product portfolio and solid geographic footprint.
  • Hardware segment accounted for the largest share of autonomous mobile robots market in 2022
  • Hardware segment accounted for the largest market share in the autonomous mobile robots (AMR) market due to their essential role in enabling robot functionality. Sensors serve as the robot's senses, batteries supply the necessary power, and actuators allow for movement and manipulation. For AMRs to function, reliably, and productively, efficient and long-lasting batteries, precise and dependable sensors, and high-quality actuators are essential. Robots can see their surroundings, navigate, and interact with objects because of the cooperation of these hardware components, which enables autonomous operation. The ongoing development and broad implementation of AMRs across numerous industries are fueled by advancements in battery technology, sensor capabilities, and actuator precision.
  • Laser/LiDAR navigation technology to account for the largest share in the market during forecast period.
  • The Laser/ LiDAR navigation technology account for the largest share in the market during forecast period. For autonomous mobile robots (AMRs), laser/LiDAR technology is essential because it provides accurate environmental sensing, obstacle avoidance, navigation, localization, mapping, and object recognition. AMRs are able to sense and navigate their environment precisely because to laser/LiDAR sensors, which produce accurate 3D maps of the surroundings by producing laser pulses and measuring the reflected light. They aid AMRs in real-time obstacle detection, safe path planning, and collision avoidance. AMRs can construct maps and determine their own positions within them thanks to the simultaneous localization and mapping (SLAM) algorithms that incorporate laser/LiDAR sensors.
  • North America held the largest autonomous mobile robots market share in 2022.
  • AMRs are being increasingly adopted in a diverse range of industries in North America, including manufacturing, logistics, retail, healthcare, and e-commerce. These robots are used for several tasks, such as material handling, picking and packing, inventory management, and even healthcare supply. The versatile nature of AMRs makes them suitable for a wide range of applications, driving their adoption across industries in North America.
  • Recent Developments
  • In March 2023, Locus Robotics introduced LocusONE, a data science-driven warehouse platform to enable seamless operation and management of large quantities of multiple AMR form factors as a single, coordinated fleet in all sizes of warehouses.
  • In January 2023, Geek+ launched RoboShuttle Plus, which combines its storage RoboShuttle robot with both tote-carrying P40 and flagship rack-to-person P800 robots into one operational area.
  • In January 2021, Fetch Robotics launched PalletTransport1500 an autonomous mobile robot designed specifically to replace forklift uses in warehouses.
  • KEY MARKET SEGMENTS
  • By Offering
  • Hardware
  • Software & Services
  • By Payload Capacity
  • <100 kg
  • 100 kg−500 kg
  • >500 kg
  • By Navigation Technology
  • Laser/LiDAR
  • Vision Guidance
  • Others
  • By Industry
  • E-commerce
  • Manufacturing
  • Retail
  • Food & Beverage
  • Healthcare
  • Logistics
  • Others
  • By Region
  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • UK
  • Germany
  • France
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • South Korea
  • Rest of Asia Pacific
  • Rest of the World
  • Middle East & Africa
  • South America
  • KEY MARKET PLAYERS
  • ABB, Omron Automation
  • Mobile Industrial Robots
  • Fetch Robotics
  • OTTO Motors
  • Locus Robotic
  • Geek+

SkyQuest's Expertise:

The Autonomous Mobile Robots Market is being analyzed by SkyQuest's analysts with the help of 20+ scheduled Primary interviews from both the demand and supply sides. We have already invested more than 250 hours on this report and are still refining our date to provide authenticated data to your readers and clients. Exhaustive primary and secondary research is conducted to collect information on the market, peer market, and parent market.

Our cross-industry experts and revenue-impact consultants at SkyQuest enable our clients to convert market intelligence into actionable, quantifiable results through personalized engagement.

Scope Of Report

Report Attribute Details
The base year for estimation 2021
Historical data 2016 – 2022
Forecast period 2022 – 2028
Report coverage Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis
Segments covered
  • By Offering - Hardware, Software & Services
  • By Payload Capacity - <100 kg, 100 kg−500 kg, >500 kg
  • By Navigation Technology - Laser/LiDAR, Vision Guidance, Others
  • By Industry - E-commerce, Manufacturing, Retail, Food & Beverage, Healthcare, Logistics, Others
  • By Region - North America, US, Canada, Mexico, Europe, UK, Germany, France, Rest of Europe, Asia Pacific, China, Japan, South Korea, Rest of Asia Pacific, Rest of the World, Middle East & Africa, South America, KEY MARKET PLAYERS, ABB, Omron Automation, Mobile Industrial Robots, Fetch Robotics, OTTO Motors, Locus Robotic
Regional scope North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA)
Country scope U.S., Canada, Germany, France, UK, Italy, Spain, China, India, Japan, Brazil, GCC Countries, South Africa
Key companies profiled
  • autonomous mobile robots market size is estimated to be valued USD 1.8 billion in 2023 and is anticipated to reach USD 4.1 billion by 2028, at a CAGR of 17.5% during the forecast period. The market growth is ascribed to increasing demand for AMRs across several industries, growing need for automation and labor optimization in warehouses, and rising demand for supply chain optimization. Additionally, emerging applications of AMR in a variety of industries are contributing to this market growth.
  • Driver: Rapid advancements in robotics and artificial intelligence
  • The market for autonomous mobile robots (AMRs) is expanding because of developments in robotics and artificial intelligence (AI) technology, allowing for the creation of sophisticated autonomous mobile robots. These robots are highly effective and versatile for various businesses as they can carry out complicated tasks independently. The development of advanced sensor technologies has greatly enhanced the capabilities of AMRs. Robots can precisely see and navigate their surroundings by using sensors like cameras, ultrasonic sensors, and LiDAR (light detection and ranging) systems. They can detect obstacles, map environments, and make real-time decisions to avoid collisions. For, Instance, Velodyne, which specializes in LiDAR sensors, have made significant advancements in sensor technology, enabling better perception and navigation for AMRs. AI algorithms and machine learning techniques enable AMRs to learn and adapt to their environments. Computer vision allows robots to recognize and interpret objects, people, and gestures, allowing for more sophisticated interaction with the surroundings. For instance, Boston Dynamics have developed AMRs like Spot that utilize advanced computer vision algorithms to perform inspection, surveillance, and data collection tasks. Moreover, AMRs are equipped with intelligent navigation systems utilize AI algorithms to plan efficient paths, avoid obstacles, and adapt to dynamic surroundings. And cloud computing enables real-time data processing and analysis and remote monitoring and control of AMRs. For instance, Mobile Industrial Robots offers collaborative AMRs that use AI-based navigation algorithms to optimize routes and avoid collisions in industrial and warehouse settings.
  • Restraint: High initial investment
  • The high initial expenditure required for Autonomous Mobile Robots (AMRs) is a key barrier to their implementation. Implementing Autonomous Mobile Robots (AMRs) requires a significant budget allocation for hardware acquisition, infrastructure modifications, and software development. Organizations need to invest in robotics, sensors, and other relevant equipment and make infrastructure changes such as navigation systems and charging stations. Integrating AMRs with existing enterprise systems such as Warehouse management systems or ERP systems necessitates extra software customization. Moreover, organizations must allocate resources for training employees to effectively work with AMRs and cover ongoing operational costs such as maintenance, repairs, and upgrades. These factors contribute to the high initial investment required for AMR implementation, which can be a barrier for some organizations, especially small and medium-sized enterprises with limited budgets.
  • Opportunity: potential growth in industry-specific applications
  • Businesses can open new opportunities and promote innovation by customising AMR technology to match particular sectors' distinct requirements and constraints. AMRs offers solutions to various industries including e-commerce, retail, manufacturing, food & beverage, healthcare, and hospitality. In healthcare industry, AMRs can be customized for supporting tasks such as delivery of supplies and medicines, linen and waste management, disinfection and cleaning, remote monitoring, assistance in patent care and in surgery. For instance, Savioke's Relay robot is designed for healthcare settings, delivering medication and supplies autonomously in hospitals. In retail and e-commerce, AMRs improve inventory management, order fulfillment, and customer experiences by navigating store aisles, restocking shelves, and offering personalized recommendations. The increasing digitalization of supply chains with the advent of Industry 4.0, IoT, big data analytics, and cloud computing has positively impacted application of AMRs.
  • Challenge: Integrating AMRs into existing workflows and systems
  • Many industries already have established processes, infrastructure, and legacy systems in place. Integrating autonomous mobile robots (AMRs) with existing systems poses challenges such as compatibility issues, data integration complexities, system scalability, system complexity, customization/configuration requirements, security and privacy concerns, and the need for user training and adoption.
  • Integrating autonomous mobile robots (AMRs) into various industries poses challenges as they need to coordinate seamlessly with existing systems. In warehouse and logistics operations, AMRs must establish communication with WMS and ERP systems, encountering hurdles such as different protocols and real-time synchronization. Similarly, AMRs must integrate with CAD, MES, and PLC systems to synchronize with machinery in manufacturing. For retail applications, AMRs must integrate with POS systems, barcode scanners, and inventory databases to ensure precise tracking. Moreover, in healthcare, integrating AMRs involves coordinating with EHR, medication management, and patient monitoring systems while prioritizing data security and compliance. Addressing these challenges necessitates meticulous coordination and compatibility to achieve successful integration.
  • To overcome these obstacles, AMR developers, system integrators, and stakeholders must work together, plan carefully, and have technical know-how. Making effective integration plans and ensuring a successful implementation requires understanding the current systems' limits.
  • Autonomous Mobile Robots Market: Key Trends
  • ABB, Omron Automation, Mobile Industrial Robots, Fetch Robotics, OTTO Motors are the top players in the AMR market. These AMR companies with advance robotics and AI technology trends with a comprehensive product portfolio and solid geographic footprint.
  • Hardware segment accounted for the largest share of autonomous mobile robots market in 2022
  • Hardware segment accounted for the largest market share in the autonomous mobile robots (AMR) market due to their essential role in enabling robot functionality. Sensors serve as the robot's senses, batteries supply the necessary power, and actuators allow for movement and manipulation. For AMRs to function, reliably, and productively, efficient and long-lasting batteries, precise and dependable sensors, and high-quality actuators are essential. Robots can see their surroundings, navigate, and interact with objects because of the cooperation of these hardware components, which enables autonomous operation. The ongoing development and broad implementation of AMRs across numerous industries are fueled by advancements in battery technology, sensor capabilities, and actuator precision.
  • Laser/LiDAR navigation technology to account for the largest share in the market during forecast period.
  • The Laser/ LiDAR navigation technology account for the largest share in the market during forecast period. For autonomous mobile robots (AMRs), laser/LiDAR technology is essential because it provides accurate environmental sensing, obstacle avoidance, navigation, localization, mapping, and object recognition. AMRs are able to sense and navigate their environment precisely because to laser/LiDAR sensors, which produce accurate 3D maps of the surroundings by producing laser pulses and measuring the reflected light. They aid AMRs in real-time obstacle detection, safe path planning, and collision avoidance. AMRs can construct maps and determine their own positions within them thanks to the simultaneous localization and mapping (SLAM) algorithms that incorporate laser/LiDAR sensors.
  • North America held the largest autonomous mobile robots market share in 2022.
  • AMRs are being increasingly adopted in a diverse range of industries in North America, including manufacturing, logistics, retail, healthcare, and e-commerce. These robots are used for several tasks, such as material handling, picking and packing, inventory management, and even healthcare supply. The versatile nature of AMRs makes them suitable for a wide range of applications, driving their adoption across industries in North America.
  • Recent Developments
  • In March 2023, Locus Robotics introduced LocusONE, a data science-driven warehouse platform to enable seamless operation and management of large quantities of multiple AMR form factors as a single, coordinated fleet in all sizes of warehouses.
  • In January 2023, Geek+ launched RoboShuttle Plus, which combines its storage RoboShuttle robot with both tote-carrying P40 and flagship rack-to-person P800 robots into one operational area.
  • In January 2021, Fetch Robotics launched PalletTransport1500 an autonomous mobile robot designed specifically to replace forklift uses in warehouses.
  • KEY MARKET SEGMENTS
  • By Offering
  • Hardware
  • Software & Services
  • By Payload Capacity
  • <100 kg
  • 100 kg−500 kg
  • >500 kg
  • By Navigation Technology
  • Laser/LiDAR
  • Vision Guidance
  • Others
  • By Industry
  • E-commerce
  • Manufacturing
  • Retail
  • Food & Beverage
  • Healthcare
  • Logistics
  • Others
  • By Region
  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • UK
  • Germany
  • France
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • South Korea
  • Rest of Asia Pacific
  • Rest of the World
  • Middle East & Africa
  • South America
  • KEY MARKET PLAYERS
  • ABB, Omron Automation
  • Mobile Industrial Robots
  • Fetch Robotics
  • OTTO Motors
  • Locus Robotic
  • Geek+
Customization scope Free report customization (15% Free customization) with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options Reap the benefits of customized purchase options to fit your specific research requirements.

Objectives of the Study

  • To forecast the market size, in terms of value, for various segments with respect to five main regions, namely, North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA)
  • To provide detailed information regarding the major factors influencing the growth of the Market (drivers, restraints, opportunities, and challenges)
  • To strategically analyze the micro markets with respect to the individual growth trends, future prospects, and contribution to the total market
  • To provide a detailed overview of the value chain and analyze market trends with the Porter's five forces analysis
  • To analyze the opportunities in the market for various stakeholders by identifying the high-growth Segments
  • To identify the key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing the competitive landscape for the market leaders
  • To analyze competitive development such as joint ventures, mergers and acquisitions, new product launches and development, and research and development in the market

What does this Report Deliver?

  • Market Estimation for 20+ Countries
  • Historical data coverage: 2016 to 2022
  • Growth projections: 2022 to 2028
  • SkyQuest's premium market insights: Innovation matrix, IP analysis, Production Analysis, Value chain analysis, Technological trends, and Trade analysis
  • Customization on Segments, Regions, and Company Profiles
  • 100+ tables, 150+ Figures, 10+ matrix
  • Global and Country Market Trends
  • Comprehensive Mapping of Industry Parameters
  • Attractive Investment Proposition
  • Competitive Strategies Adopted by Leading Market Participants
  • Market drivers, restraints, opportunities, and its impact on the market
  • Regulatory scenario, regional dynamics, and insights of leading countries in each region
  • Segment trends analysis, opportunity, and growth
  • Opportunity analysis by region and country
  • Porter's five force analysis to know the market's condition
  • Pricing analysis
  • Parent market analysis
  • Product portfolio benchmarking

Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Autonomous Mobile Robots Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Autonomous Mobile Robots Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)
  • autonomous mobile robots market size is estimated to be valued USD 1.8 billion in 2023 and is anticipated to reach USD 4.1 billion by 2028, at a CAGR of 17.5% during the forecast period. The market growth is ascribed to increasing demand for AMRs across several industries, growing need for automation and labor optimization in warehouses, and rising demand for supply chain optimization. Additionally, emerging applications of AMR in a variety of industries are contributing to this market growth.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Driver: Rapid advancements in robotics and artificial intelligence
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • The market for autonomous mobile robots (AMRs) is expanding because of developments in robotics and artificial intelligence (AI) technology, allowing for the creation of sophisticated autonomous mobile robots. These robots are highly effective and versatile for various businesses as they can carry out complicated tasks independently. The development of advanced sensor technologies has greatly enhanced the capabilities of AMRs. Robots can precisely see and navigate their surroundings by using sensors like cameras, ultrasonic sensors, and LiDAR (light detection and ranging) systems. They can detect obstacles, map environments, and make real-time decisions to avoid collisions. For, Instance, Velodyne, which specializes in LiDAR sensors, have made significant advancements in sensor technology, enabling better perception and navigation for AMRs. AI algorithms and machine learning techniques enable AMRs to learn and adapt to their environments. Computer vision allows robots to recognize and interpret objects, people, and gestures, allowing for more sophisticated interaction with the surroundings. For instance, Boston Dynamics have developed AMRs like Spot that utilize advanced computer vision algorithms to perform inspection, surveillance, and data collection tasks. Moreover, AMRs are equipped with intelligent navigation systems utilize AI algorithms to plan efficient paths, avoid obstacles, and adapt to dynamic surroundings. And cloud computing enables real-time data processing and analysis and remote monitoring and control of AMRs. For instance, Mobile Industrial Robots offers collaborative AMRs that use AI-based navigation algorithms to optimize routes and avoid collisions in industrial and warehouse settings.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Restraint: High initial investment
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • The high initial expenditure required for Autonomous Mobile Robots (AMRs) is a key barrier to their implementation. Implementing Autonomous Mobile Robots (AMRs) requires a significant budget allocation for hardware acquisition, infrastructure modifications, and software development. Organizations need to invest in robotics, sensors, and other relevant equipment and make infrastructure changes such as navigation systems and charging stations. Integrating AMRs with existing enterprise systems such as Warehouse management systems or ERP systems necessitates extra software customization. Moreover, organizations must allocate resources for training employees to effectively work with AMRs and cover ongoing operational costs such as maintenance, repairs, and upgrades. These factors contribute to the high initial investment required for AMR implementation, which can be a barrier for some organizations, especially small and medium-sized enterprises with limited budgets.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Opportunity: potential growth in industry-specific applications
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Businesses can open new opportunities and promote innovation by customising AMR technology to match particular sectors' distinct requirements and constraints. AMRs offers solutions to various industries including e-commerce, retail, manufacturing, food & beverage, healthcare, and hospitality. In healthcare industry, AMRs can be customized for supporting tasks such as delivery of supplies and medicines, linen and waste management, disinfection and cleaning, remote monitoring, assistance in patent care and in surgery. For instance, Savioke's Relay robot is designed for healthcare settings, delivering medication and supplies autonomously in hospitals. In retail and e-commerce, AMRs improve inventory management, order fulfillment, and customer experiences by navigating store aisles, restocking shelves, and offering personalized recommendations. The increasing digitalization of supply chains with the advent of Industry 4.0, IoT, big data analytics, and cloud computing has positively impacted application of AMRs.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Challenge: Integrating AMRs into existing workflows and systems
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Many industries already have established processes, infrastructure, and legacy systems in place. Integrating autonomous mobile robots (AMRs) with existing systems poses challenges such as compatibility issues, data integration complexities, system scalability, system complexity, customization/configuration requirements, security and privacy concerns, and the need for user training and adoption.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Integrating autonomous mobile robots (AMRs) into various industries poses challenges as they need to coordinate seamlessly with existing systems. In warehouse and logistics operations, AMRs must establish communication with WMS and ERP systems, encountering hurdles such as different protocols and real-time synchronization. Similarly, AMRs must integrate with CAD, MES, and PLC systems to synchronize with machinery in manufacturing. For retail applications, AMRs must integrate with POS systems, barcode scanners, and inventory databases to ensure precise tracking. Moreover, in healthcare, integrating AMRs involves coordinating with EHR, medication management, and patient monitoring systems while prioritizing data security and compliance. Addressing these challenges necessitates meticulous coordination and compatibility to achieve successful integration.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • To overcome these obstacles, AMR developers, system integrators, and stakeholders must work together, plan carefully, and have technical know-how. Making effective integration plans and ensuring a successful implementation requires understanding the current systems' limits.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Autonomous Mobile Robots Market: Key Trends
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • ABB, Omron Automation, Mobile Industrial Robots, Fetch Robotics, OTTO Motors are the top players in the AMR market. These AMR companies with advance robotics and AI technology trends with a comprehensive product portfolio and solid geographic footprint.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Hardware segment accounted for the largest share of autonomous mobile robots market in 2022
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Hardware segment accounted for the largest market share in the autonomous mobile robots (AMR) market due to their essential role in enabling robot functionality. Sensors serve as the robot's senses, batteries supply the necessary power, and actuators allow for movement and manipulation. For AMRs to function, reliably, and productively, efficient and long-lasting batteries, precise and dependable sensors, and high-quality actuators are essential. Robots can see their surroundings, navigate, and interact with objects because of the cooperation of these hardware components, which enables autonomous operation. The ongoing development and broad implementation of AMRs across numerous industries are fueled by advancements in battery technology, sensor capabilities, and actuator precision.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Laser/LiDAR navigation technology to account for the largest share in the market during forecast period.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • The Laser/ LiDAR navigation technology account for the largest share in the market during forecast period. For autonomous mobile robots (AMRs), laser/LiDAR technology is essential because it provides accurate environmental sensing, obstacle avoidance, navigation, localization, mapping, and object recognition. AMRs are able to sense and navigate their environment precisely because to laser/LiDAR sensors, which produce accurate 3D maps of the surroundings by producing laser pulses and measuring the reflected light. They aid AMRs in real-time obstacle detection, safe path planning, and collision avoidance. AMRs can construct maps and determine their own positions within them thanks to the simultaneous localization and mapping (SLAM) algorithms that incorporate laser/LiDAR sensors.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • North America held the largest autonomous mobile robots market share in 2022.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • AMRs are being increasingly adopted in a diverse range of industries in North America, including manufacturing, logistics, retail, healthcare, and e-commerce. These robots are used for several tasks, such as material handling, picking and packing, inventory management, and even healthcare supply. The versatile nature of AMRs makes them suitable for a wide range of applications, driving their adoption across industries in North America.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Recent Developments
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • In March 2023, Locus Robotics introduced LocusONE, a data science-driven warehouse platform to enable seamless operation and management of large quantities of multiple AMR form factors as a single, coordinated fleet in all sizes of warehouses.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • In January 2023, Geek+ launched RoboShuttle Plus, which combines its storage RoboShuttle robot with both tote-carrying P40 and flagship rack-to-person P800 robots into one operational area.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • In January 2021, Fetch Robotics launched PalletTransport1500 an autonomous mobile robot designed specifically to replace forklift uses in warehouses.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • KEY MARKET SEGMENTS
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By Offering
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Hardware
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Software & Services
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By Payload Capacity
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • <100 kg
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • 100 kg−500 kg
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • >500 kg
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By Navigation Technology
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Laser/LiDAR
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Vision Guidance
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Others
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By Industry
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • E-commerce
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Manufacturing
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Retail
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Food & Beverage
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Healthcare
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Logistics
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Others
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By Region
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • North America
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • US
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Canada
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Mexico
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Europe
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • UK
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Germany
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • France
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Rest of Europe
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Asia Pacific
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • China
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Japan
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • South Korea
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Rest of Asia Pacific
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Rest of the World
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Middle East & Africa
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • South America
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • KEY MARKET PLAYERS
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • ABB, Omron Automation
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Mobile Industrial Robots
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Fetch Robotics
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • OTTO Motors
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Locus Robotic
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Geek+
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments

Methodology

For the Autonomous Mobile Robots Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Autonomous Mobile Robots Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

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Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Autonomous Mobile Robots Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Autonomous Mobile Robots Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

The global market for Autonomous Mobile Robots was estimated to be valued at US$ XX Mn in 2021.

The global Autonomous Mobile Robots Market is estimated to grow at a CAGR of XX% by 2028.

The global Autonomous Mobile Robots Market is segmented on the basis of Offering, Payload Capacity, Navigation Technology, Industry, Region.

Based on region, the global Autonomous Mobile Robots Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the global Autonomous Mobile Robots Market are autonomous mobile robots market size is estimated to be valued USD 1.8 billion in 2023 and is anticipated to reach USD 4.1 billion by 2028, at a CAGR of 17.5% during the forecast period. The market growth is ascribed to increasing demand for AMRs across several industries, growing need for automation and labor optimization in warehouses, and rising demand for supply chain optimization. Additionally, emerging applications of AMR in a variety of industries are contributing to this market growth. , Driver: Rapid advancements in robotics and artificial intelligence , The market for autonomous mobile robots (AMRs) is expanding because of developments in robotics and artificial intelligence (AI) technology, allowing for the creation of sophisticated autonomous mobile robots. These robots are highly effective and versatile for various businesses as they can carry out complicated tasks independently. The development of advanced sensor technologies has greatly enhanced the capabilities of AMRs. Robots can precisely see and navigate their surroundings by using sensors like cameras, ultrasonic sensors, and LiDAR (light detection and ranging) systems. They can detect obstacles, map environments, and make real-time decisions to avoid collisions. For, Instance, Velodyne, which specializes in LiDAR sensors, have made significant advancements in sensor technology, enabling better perception and navigation for AMRs. AI algorithms and machine learning techniques enable AMRs to learn and adapt to their environments. Computer vision allows robots to recognize and interpret objects, people, and gestures, allowing for more sophisticated interaction with the surroundings. For instance, Boston Dynamics have developed AMRs like Spot that utilize advanced computer vision algorithms to perform inspection, surveillance, and data collection tasks. Moreover, AMRs are equipped with intelligent navigation systems utilize AI algorithms to plan efficient paths, avoid obstacles, and adapt to dynamic surroundings. And cloud computing enables real-time data processing and analysis and remote monitoring and control of AMRs. For instance, Mobile Industrial Robots offers collaborative AMRs that use AI-based navigation algorithms to optimize routes and avoid collisions in industrial and warehouse settings. , Restraint: High initial investment , The high initial expenditure required for Autonomous Mobile Robots (AMRs) is a key barrier to their implementation. Implementing Autonomous Mobile Robots (AMRs) requires a significant budget allocation for hardware acquisition, infrastructure modifications, and software development. Organizations need to invest in robotics, sensors, and other relevant equipment and make infrastructure changes such as navigation systems and charging stations. Integrating AMRs with existing enterprise systems such as Warehouse management systems or ERP systems necessitates extra software customization. Moreover, organizations must allocate resources for training employees to effectively work with AMRs and cover ongoing operational costs such as maintenance, repairs, and upgrades. These factors contribute to the high initial investment required for AMR implementation, which can be a barrier for some organizations, especially small and medium-sized enterprises with limited budgets. , Opportunity: potential growth in industry-specific applications , Businesses can open new opportunities and promote innovation by customising AMR technology to match particular sectors' distinct requirements and constraints. AMRs offers solutions to various industries including e-commerce, retail, manufacturing, food & beverage, healthcare, and hospitality. In healthcare industry, AMRs can be customized for supporting tasks such as delivery of supplies and medicines, linen and waste management, disinfection and cleaning, remote monitoring, assistance in patent care and in surgery. For instance, Savioke's Relay robot is designed for healthcare settings, delivering medication and supplies autonomously in hospitals. In retail and e-commerce, AMRs improve inventory management, order fulfillment, and customer experiences by navigating store aisles, restocking shelves, and offering personalized recommendations. The increasing digitalization of supply chains with the advent of Industry 4.0, IoT, big data analytics, and cloud computing has positively impacted application of AMRs. , Challenge: Integrating AMRs into existing workflows and systems , Many industries already have established processes, infrastructure, and legacy systems in place. Integrating autonomous mobile robots (AMRs) with existing systems poses challenges such as compatibility issues, data integration complexities, system scalability, system complexity, customization/configuration requirements, security and privacy concerns, and the need for user training and adoption. , Integrating autonomous mobile robots (AMRs) into various industries poses challenges as they need to coordinate seamlessly with existing systems. In warehouse and logistics operations, AMRs must establish communication with WMS and ERP systems, encountering hurdles such as different protocols and real-time synchronization. Similarly, AMRs must integrate with CAD, MES, and PLC systems to synchronize with machinery in manufacturing. For retail applications, AMRs must integrate with POS systems, barcode scanners, and inventory databases to ensure precise tracking. Moreover, in healthcare, integrating AMRs involves coordinating with EHR, medication management, and patient monitoring systems while prioritizing data security and compliance. Addressing these challenges necessitates meticulous coordination and compatibility to achieve successful integration. , To overcome these obstacles, AMR developers, system integrators, and stakeholders must work together, plan carefully, and have technical know-how. Making effective integration plans and ensuring a successful implementation requires understanding the current systems' limits. , Autonomous Mobile Robots Market: Key Trends , ABB, Omron Automation, Mobile Industrial Robots, Fetch Robotics, OTTO Motors are the top players in the AMR market. These AMR companies with advance robotics and AI technology trends with a comprehensive product portfolio and solid geographic footprint. , Hardware segment accounted for the largest share of autonomous mobile robots market in 2022 , Hardware segment accounted for the largest market share in the autonomous mobile robots (AMR) market due to their essential role in enabling robot functionality. Sensors serve as the robot's senses, batteries supply the necessary power, and actuators allow for movement and manipulation. For AMRs to function, reliably, and productively, efficient and long-lasting batteries, precise and dependable sensors, and high-quality actuators are essential. Robots can see their surroundings, navigate, and interact with objects because of the cooperation of these hardware components, which enables autonomous operation. The ongoing development and broad implementation of AMRs across numerous industries are fueled by advancements in battery technology, sensor capabilities, and actuator precision. , Laser/LiDAR navigation technology to account for the largest share in the market during forecast period. , The Laser/ LiDAR navigation technology account for the largest share in the market during forecast period. For autonomous mobile robots (AMRs), laser/LiDAR technology is essential because it provides accurate environmental sensing, obstacle avoidance, navigation, localization, mapping, and object recognition. AMRs are able to sense and navigate their environment precisely because to laser/LiDAR sensors, which produce accurate 3D maps of the surroundings by producing laser pulses and measuring the reflected light. They aid AMRs in real-time obstacle detection, safe path planning, and collision avoidance. AMRs can construct maps and determine their own positions within them thanks to the simultaneous localization and mapping (SLAM) algorithms that incorporate laser/LiDAR sensors. , North America held the largest autonomous mobile robots market share in 2022. , AMRs are being increasingly adopted in a diverse range of industries in North America, including manufacturing, logistics, retail, healthcare, and e-commerce. These robots are used for several tasks, such as material handling, picking and packing, inventory management, and even healthcare supply. The versatile nature of AMRs makes them suitable for a wide range of applications, driving their adoption across industries in North America. , Recent Developments , In March 2023, Locus Robotics introduced LocusONE, a data science-driven warehouse platform to enable seamless operation and management of large quantities of multiple AMR form factors as a single, coordinated fleet in all sizes of warehouses. , In January 2023, Geek+ launched RoboShuttle Plus, which combines its storage RoboShuttle robot with both tote-carrying P40 and flagship rack-to-person P800 robots into one operational area. , In January 2021, Fetch Robotics launched PalletTransport1500 an autonomous mobile robot designed specifically to replace forklift uses in warehouses. , KEY MARKET SEGMENTS, By Offering , Hardware , Software & Services , By Payload Capacity , <100 kg , 100 kg−500 kg , >500 kg , By Navigation Technology , Laser/LiDAR , Vision Guidance , Others , By Industry , E-commerce , Manufacturing , Retail , Food & Beverage , Healthcare , Logistics , Others , By Region , North America , US , Canada , Mexico , Europe , UK , Germany , France , Rest of Europe , Asia Pacific , China , Japan , South Korea , Rest of Asia Pacific , Rest of the World , Middle East & Africa , South America, KEY MARKET PLAYERS , ABB, Omron Automation , Mobile Industrial Robots , Fetch Robotics , OTTO Motors , Locus Robotic , Geek+ .

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