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Autonomous Mobile Robots Market Growth, Revenue, Emerging Trends, Business Opportunities, and Forecast Analysis 2022-2032: SPER Market Research

03-10-2023 12:12 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: SPER Market Research

Autonomous Mobile Robots Market Growth, Revenue, Emerging

According to SPER Market Research, the Autonomous Mobile Robots Market is Inside production and distribution facilities, autonomous mobile robots pick, move, and sort products without human assistance. AMRs use vision cameras, on board sensors, and facility maps coupled with the warehouse execution software (WES) to carry out a variety of tasks, including relocating produced goods and raw materials inside the facility. AMRs are highly favoured because of their many advantages, including their ability to stop product damage, lower labour costs, increase productivity, and automate procedures. AMR adoption is already paying off for incumbents in a number of industries and industrial verticals, including transportation & logistics, automotive, and food & drinks. An autonomous mobile robot is a form of robot that can understand and explore its environment on its own. AMRs differ from autonomous guided vehicles (AGVs), which are often overseen by people and depend on tracks or predefined trajectories.

The COVID-19 outbreak had a significant negative impact on the manufacturing sectors. Social isolation, quarantines, and lockdowns are a few examples of the conditions that have fuelled robotics, especially in the field of carrying out ground operations. Many participants are focusing on renting out their robotic equipment in order to market it. Also, this would make it simpler for the managers of the distribution centres and warehouses to organise their business throughout the pandemic. Moreover, robot service providers always prioritise training robot centres and educating their customers. These activities would further stimulate the global market.

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Moreover, technology suppliers are using a range of marketing strategies, including as mergers and acquisitions, joint ventures, and outsourcing to boost their technological competitiveness and provide cutting-edge robotic solutions.

Autonomous Mobile Robots Market Overview (2022-2032)

Forecast CAGR (2022-2032): 17.24%.
Forecast Market Size (2032): 18.21 billion

Impact of COVID-19 on the Global Autonomous Mobile Robots Market:
The manufacturing industries were severely impacted by the COVID-19 epidemic. Factors such as social isolation, quarantines, and lockdown have fueled the growth of robotics, particularly in ground operations. A number of participants are also concentrating on renting out their robotic devices in order to promote them. This would also make it easier for the owners of the warehouses and distribution centers to streamline the operation during the epidemic. Also, robot providers are always putting an emphasis on educating their clients and developing training programs for robot centers. The worldwide market would be further stimulated by these activities.

Also, in order to increase their technological competitiveness and supply cutting-edge robotic solutions, technology suppliers are implementing a variety of marketing techniques, namely mergers and acquisitions, joint ventures, and collaboration. For instance, in order to manage and optimize mixed fleets of robots in industrial environments, Verizon bought software platform maker incused IT in previous years. This plan would also allow them to improve the efficiency of their fleets of mobile, autonomous robots. In light of the aforementioned characteristics, the market is projected to expand rapidly following the COVID-19 pandemic situation.

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Autonomous Mobile Robots Market Key Segments Covered:
The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2032. This report contains statistics on product type segment growth estimates and forecasts.

By Type:
Autonomous Inventory Robots
Goods-to-Person Picking Robots
Self-Driving Forklifts
Unmanned Aerial Vehicles

By Battery Type:
Lead Battery
Lithium-Ion Battery
Nickel-based Battery

By End User:
Manufacturing
Warehouse & Distribution Centres
Others

By Application;
Pick & Place
Sorting
Tugging

By Region:
Asia-Pacific
Europe
Middle East & Africa
North America
Latin America

In previous year, Europe dominated the market. This is a result of the established players in the industrial industry having a greater demand for material handling equipment. The expansion of the regional market is also being fuelled by growing process automation in other industry verticals and sectors. For instance, last year, contract logistics provider GXO Logistics, Inc. and 6 River Systems signed a multiyear international agreement. The companies will meet Collaborative Mobile Robot (CMR) criteria through this agreement in their logistical operations across the U.S. and Europe.

Autonomous Mobile Robots Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; Aethon, AutoGuide Mobile Robots (England), Aviation Industry Corporation of China, Cimcorp Automation, Clearpath Robotics, Fetch Robotics, Inc. (U. S.), General Atomics Aeronautical Systems, HAHN Robotics GmbH (Germany), Hi-Tech Robotic Systemz, IAM Robotics (U. S.), KUKA AG, Locus Robotics, Material Handling Systems. (U.S.), NextShift Robotics (U.S.), Omron Adept, Robotnik. (Spain), SESTO Robotics. (Singapore), SMP Robotics, SoftBank Robotics (France), Stanley Robotics (U.S.), Vecna Robotics (U.K.)

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