Global Mobile Robots Market Size, Share, Growth Analysis, By End-user(Defense and Security, Warehouse and Logistics), By Type(Goods-to-person Picking Robots, Self-driving Forklift) - Industry Forecast 2024-2031

Global Mobile Robots Market size was valued at USD 16.5 Billion in 2022 and is poised to grow from USD 20.31 Billion in 2023 to USD 107.1 Billion by 2031, growing at a CAGR of 23.1% in the forecast period (2024-2031).

The competitive landscape of the mobile robots market is dynamic and evolving, driven by technological advancements, market demand, and regulatory developments. Companies that can innovate, collaborate, and adapt to changing market dynamics are well-positioned to succeed in this rapidly growing industry. For example, Fetch Robotics announced a strategic partnership with Zebra Technologies to integrate their technologies and provide end-to-end solutions for warehouse automation. The objective of this collaboration was to leverage Fetch Robotics’ expertise in AMR and Zebra Technologies’ strengths in data capture and analysis to increase operational efficiency and visibility in the warehouse environment. Through this partnership, Fetch Robotics has integrated Zebra's powerful mobile computers and barcode scanners with its AMR, enabling seamless communication and data exchange between robotic warehouse management systems. This integration enables consumption after real-time, Improved order fulfillment accuracy and increased overall efficiency in warehouse operations. '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. In February 2020, in January 2021, Walmart Inc. will have 100,000 shares and can sell 10% of its shares. Sam’s Club estimates e-commerce sales will reach $363 million by the end of the third quarter of 2020, up from $277 million a year ago.

Adopted Industry 4.0 Technologies in Warehouse and Industrial Automation: The global mobile robots market has significant opportunities with the adoption of Industry 4.0 technologies in warehouse and industrial automation. Industry 4.0 includes the integration of digital technology, data communication and automation into industrial processes. As businesses strive to improve efficiency, productivity and agility, they are increasingly relying on mobile robotics as an integral part of their digital transformation initiatives.

North America is possibly developing swiftly because of the growing e-trade sales witnessed in this region. Additionally, the rapid adoption of era, the presence of leading producers in this quarter, and significant investments from regulatory agencies to construct automatic warehouses and distribution centers are imparting market increase has further improved.