Press release
Autonomous Mobile Robots Market Soars Amidst Industry Shift Towards Automation, the Market to Reach from $8 Billion in 2022 to $23 Billion by 2028 - Arizton
Autonomous Mobile Robots Market Research Report by Arizton
To Know More, Download the Free Sample Report: https://www.arizton.com/market-reports/autonomous-mobile-robots-market
Autonomous Mobile Robots Market Report Scope
Report Scope
Details
Market Size (2028)
USD 23.69 Billion
Market Size (2022)
USD 8.65 Billion
CAGR (2022-2028)
18.29%
Base Year
2022
Forecast Year
2023-2028
Market Segmentation
Component, Product, End-User, and Geography
Geographic Analysis
North America, Europe, APAC, Latin America, and Middle East & Africa
Market Dynamics
*
Rising E-Commerce and Manufacturing Industries
*
Rising Adoption in the Healthcare Industry
*
Labor Shortage & Cost Reduction
*
Increasing Automation in Material Handling
E-Commerce Expansion Creating Lucrative Market Opportunities
The rising e-commerce and manufacturing industries are significant drivers for the increased demand for autonomous mobile robots in the market. Post-pandemic, there have been drastic changes in both e-commerce and manufacturing industries. E-commerce sales have continued to grow post-pandemic, but the pace of growth has slowed. In 2021, global e-commerce sales grew by 19.1%, but in 2022 growth slowed to 14.2%. This slowdown is attributed to several factors, including inflation, supply chain disruptions, and consumers' return to in-store shopping. Despite the slowdown in growth, e-commerce is still a significant force in the retail industry. In 2022, e-commerce accounted for 20.8% of global retail sales. This share is expected to continue to grow in the future.
Moreover, the use of mobile robots for last-mile delivery is also driving the demand for autonomous mobile robots in the market. These robots can autonomously navigate sidewalks and deliver packages to doorsteps. This reduces the reliance on traditional delivery drivers and can lead to faster and more cost-effective deliveries, especially in urban areas. In addition, usage for inventory management is also driving the demand for autonomous mobile robots. These robots can autonomously scan barcodes and Radio Frequency Identification (RFID) tags to track inventory levels, ensuring accurate stock counts and reducing the risk of overstocking or understocking items. For instance, Spot robots from Boston Dynamics are used for inventory auditing.
Goods-to-Person (G2P) Picking Robots Segment Leading the Market Growth
The global autonomous mobile robot market by goods-to-person picking robots to reach $9.69 billion by 2028, growing at a CAGR of 18.15% during the forecast period.
The adoption of G2P systems in the autonomous mobile robot market is driven by a confluence of factors that respond to the demands of modern commerce. These systems empower businesses to meet customer expectations for fast, accurate, and efficient order fulfillment while optimizing operational costs and ensuring workplace safety. As technology advances, G2P systems will likely become integral to the success of warehousing and logistics operations in various industries.
APAC Dominates With a Significant Autonomous Mobile Robot Market Share, Middle East & Africa Sees Accelerated Growth
In 2022, APAC accounted for a share of 34.95% of the global autonomous mobile robot market. The region was led by China, Japan, Australia, and South Korea, which are significant markets for AMR appliances. It is likely to account for a share of 34.09% by 2028. China, Japan, and South Korea continue to play a significant role in the AMR market in the region. China's manufacturing and logistics sectors are rapidly adopting AMRs to improve efficiency. The expertise of Japan in robotics is driving advances in AMR technology, particularly in industrial applications.
In APAC, technological progress has developed over time. The region's financial prospects have been altered by digitalization. The region is expected to spearhead the global move toward digital transformation with rapid innovation and expenditure on digital assets. Manufacturing companies in the region are increasingly adopting innovative accelerator methods. Innovative processes, advanced asset and inventory management, and new sales models based on IoT, robotics, AI, ML, and robotic printing have gained ground in recent years. The IoT information use initiatives have repositioned producers in the value chain and are likely to convert the whole industrial ecosystem in the next couple of years.
The automotive market in Africa is witnessing strong growth due to the flourishing economic scenario. The development of infrastructure, huge investments in energy, and the thriving tourism industry are attracting global OEMs to invest in the region. In the Middle East, several manufacturers, particularly in the robotic industry, strive to increase manufacturing facilities. Hence, with the expansion of manufacturing facilities, the need for advanced technologies is also expected to increase due to the rising competitiveness in the industry. Therefore, the growth in the warehouse and retail sectors in the region is expected to fuel the sales and adoption of autonomous mobile robots during the forecast period.
Buy this Research @ https://www.arizton.com/market-reports/autonomous-mobile-robots-market
Post-Purchase Benefit
*
1hr of free analyst discussion
*
10% off on customization
Key Company Profiles
*
ABB
*
Geekplus Technology
*
KUKA
*
Locus Robotics
*
Omron Automation
*
Teradyne
*
Aethon (ST Engineering)
*
Blue Ocean Robotics
*
Boston Dynamics
*
Conveyco Technologies
*
Fetch Robotics (Zebra Technologies)
*
GreyOrange
*
Harvest Automation
*
inVia Robotics
*
Milvus Robotics
*
OTTO Motors (Clearpath Robotics)
*
Robotnik
*
SoftBank Robotics
*
Tugbot
*
Vecna Robotics
*
Youibot Robotics
Market Segmentation
Component
*
Hardware
*
Software
Product
*
Goods-To-Person Picking Robots
*
Inventory Robots
*
Self Driving Forklifts
*
Others
End-User
*
Warehousing & Logistics
*
E-commerce & Retail
*
Manufacturing
*
Healthcare
*
Hospitality
*
Others
Geography
*
APAC
*
China
*
Japan
*
South Korea
*
Singapore
*
The Rest of APAC
*
North America
*
The US
*
Canada
*
Europe
*
Germany
*
Italy
*
The UK
*
France
*
Spain
*
Poland
*
Rest of Europe
*
Middle East & Africa
*
Saudi Arabia
*
The UAE
*
South Africa
*
The Rest of the Middle East & Africa
*
Latin America
*
Brazil
*
Mexico
*
The Rest of Latin America
Key Questions Answered in the Report
How big is the autonomous mobile robots market?
What is the growth rate of the global autonomous mobile robots market?
Which region dominates the global autonomous mobile robots market share?
What are the significant trends in the autonomous mobile robots market?
Who are the key players in the global autonomous mobile robots market?
Why Arizton?
100%Customer Satisfaction
24x7availability - we are always there when you need us
200+Fortune 500 Companies trust Arizton's report
80%of our reports are exclusive and first in the industry
100%more data and analysis
1500+reports published till date
About Us:
Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.
Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Media Contact
Company Name: Arizton Advisory & Intelligence
Contact Person: Jessica
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=autonomous-mobile-robots-market-soars-amidst-industry-shift-towards-automation-the-market-to-reach-from-8-billion-in-2022-to-23-billion-by-2028-arizton]
Phone: +1-312-235-2040/+1 302 469 0707
Country: United States
Website: https://www.arizton.com/market-reports/autonomous-mobile-robots-market
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Autonomous Mobile Robots Market Soars Amidst Industry Shift Towards Automation, the Market to Reach from $8 Billion in 2022 to $23 Billion by 2028 - Arizton here
News-ID: 3618200 • Views: …
More Releases from ABNewswire
VIP Auto PA: Auto Brokers Near Me Redefine Transparent Car Leasing in Feastervil …
VIP Auto PA continues serving Pennsylvania with transparent, factory-direct car leasing services from its Feasterville-Trevose location, offering zero-down options and no-haggle pricing across all vehicle makes and models.
Feasterville-Trevose, PA - The traditional car-buying experience has long frustrated consumers with high-pressure sales tactics and inflated pricing structures. VIP Auto PA [http://www.vipautopa.com/] continues addressing these industry pain points through a customer-centric brokerage model that has served Pennsylvania drivers since 2007. Operating from…
Austin Nail Salon Dream Spa Expands Service Menu with Apres Gel-X and Holistic W …
Dream Spa in Austin expands with Apres Gel-X nails, infrared sauna, and head spa treatments, offering comprehensive beauty and wellness services at its Airport Boulevard location near downtown Austin.
Dream Spa [https://www.dreamspaatx.com/], located at 5301 Airport Blvd, Suite 200 in Austin, Texas, has announced the expansion of its service offerings to include authentic Apres Gel-X nail extensions, infrared sauna therapy, and signature head spa treatments. The locally established business continues to…
Terrance Private Investigator Expands Houston Private Investigator Services with …
Terrance Private Investigator launches a Houston community program offering consultation, family case support, and professional investigation services to residents facing sensitive personal matters.
A Houston-based investigative firm is taking action to support families facing difficult personal situations. Terrance Private Investigator & Associates [https://piterrance.com/] has announced a new community initiative designed to provide accessible resources and confidential case consultations for residents throughout the Houston area.
The program addresses growing concerns among families facing…
El Monte Agency Strengthens Home Insurance Options and Community Protection Serv …
Marvin Martinez: Allstate Insurance strengthens El Monte's insurance options with bilingual services, comprehensive coverage, and community-focused customer education, earning Elite Agent recognition through consistent service excellence.
El Monte, California - The local insurance landscape continues to evolve as Marvin Martinez, of Allstate Insurance [https://agents.allstate.com/marvin-martinez-el-monte-ca.html?utm_source=GMB&utm_medium=Website], reinforces the company's commitment to protecting families and businesses throughout the San Gabriel Valley. The agency's focus on personalized coverage solutions has positioned it as a trusted…
More Releases for Robot
RoboPaw Robot Puppy Review: Is This Robot Dog Worth Buying?
RoboPaw Robot Puppy Review: Is This Robot Dog Worth Buying?
The rise of smart robotic pets has transformed how families introduce companionship, creativity, and safe entertainment into their daily routines. Among the newest innovations gaining massive attention is the RoboPaw Robot Puppy, a highly interactive, expressive, and surprisingly intelligent robotic companion designed for kids, adults, and even seniors who want play, comfort, and engagement without the responsibility of a real pet.
The…
Wuffy Robot Dog Reviews: All Truth about Wuffy Robot Dog (wuffy the robot dog)
Parents around the world are asking the same question right now: can a robot puppy really replace some of the comfort and fun of a real dog? In a time when many families live in apartments, juggle allergies, or simply cannot handle the responsibility of a pet, wuffy robot dog reviews are starting to stand out online for one simple reason. This is not another plastic gadget that flashes once…
Major Market Shift in Robot Kitchen Industry: Robot-Operated Or AI-Powered Resta …
What Is the Forecasted Market Size and Growth Rate for the Robot Kitchen Market?
The robot kitchen market has grown strongly in recent years. It is projected to grow from $3.35 billion in 2024 to $3.66 billion in 2025, at a CAGR of 9.3%. The growth is driven by automation and efficiency, rising labor costs, consumer demand for convenience, innovation and competition, and the emphasis on food safety and hygiene.
The robot…
AI Robot Toy Market Likely to Enjoy Massive Growth (2024-2029)ROYBI AI Robot , D …
According to HTF Market Intelligence, the Global AI Robot Toy market to witness a CAGR of 17.8% during the forecast period (2024-2029). The Latest Released AI Robot Toy Market Research assesses the future growth potential of the AI Robot Toy market and provides information and useful statistics on market structure and size.
This report aims to provide market intelligence and strategic insights to help decision-makers make sound investment decisions and identify…
TPA Robot launches a new industrial linear robot
The single axis robot KK Series, developed by TPA ROBOT, uses partially hardened U-shaped steel base track to significantly increase the robot's strength and load capacity. Due to the different environments, we have three type of linear robot series, KSR, KNR and KFR, depending on the type of cover used.
For the return system between the track and the slider, the contact surface between the ball and the ball groove adopts…
Robot Battery Market 2023- 2028 Global Insights by Industry Volume, Opportunitie …
The Robot Battery Market research report gives consistent conveyance of the substance. Information gathered in the notification is from verified and reliable sources. Besides, the report additionally breaks down the forthcoming patterns and openings likely to propel the Robot Battery Market. Moreover, the Robot Battery Market provides creative strategies and plans that help market players to stay ahead of the competition. Besides, the Robot Battery Market research report likewise evaluates…
