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Autonomous Mobile Robots Market Worldwide Opportunities, Driving Forces, COVID-19 Impact Analysis, Future Potential 2030
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This is driving the need for autonomous mobile robots in e-commerce warehouses, as these automated systems assist in increasing the productivity. Moreover, these robots also reduce the requirement for human workers, thereby reducing the cost of labor. They are majorly used in fulfillment centers and e-commerce warehouses for sorting, moving, picking, and several other applications. Furthermore, these robots also help e-commerce companies deliver products faster, which, in turn, leads to higher customer satisfaction.
Apart from being used in the e-commerce industry, autonomous mobile robots are also finding applications in the manufacturing sector, primarily because of the lack of affordable labor, surging labor costs, growing requirement for higher productivity, and increasing complexities associated with manufacturing operations. For example, automotive original equipment manufacturers (OEMs) are using robots for performing various complex assembly operations such as those requiring the usage of flexible parts. Similarly, these robots are also being used for loading and transporting products in warehouses and logistics respectively.
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Geographically, the autonomous mobile robots market is predicted to register the fastest growth in the Asia-Pacific (APAC) region in the coming years. This is attributed to the expansion of the e-commerce industry in regional countries such as India, China, South Korea, and Japan. With the surging popularity of online shopping, supply chain networks are getting more and more complex. Thus, in order to streamline the entire supply chain and logistics, e-commerce firms such as Alibaba Group, Amazon.com Inc., JD. Com Inc. and Rakuten Inc. are adopting autonomous mobile robots in abundance.
Hence, the expansion of the e-commerce industry and the increasing requirement for automation in factories will facilitate the growth of the market in the coming years.
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P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
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