Press release
Autonomous Mobile Robots Market Set to Exceed USD 6.9 Billion by 2031
The Autonomous Mobile Robots market is witnessing strong growth, fueled by the rapid advancement of robotics, artificial intelligence, and the surging need for automation across industries. In 2021, the market size was valued at approximately USD 2.3 billion, and it is expected to expand at a CAGR of 11.7% from 2022 to 2031. Some projections even suggest the market could surpass USD 6.9 billion by 2031, highlighting its dynamic evolution.Autonomous Mobile Robots are revolutionizing logistics, manufacturing, healthcare, and retail sectors by providing flexible, efficient, and intelligent automation solutions without the need for fixed infrastructure like conveyor belts or guided paths.
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Key Players: Addverb Technologies Limited, AMS, Inc., ANYbotics AG, Berkshire Grey, Continental AG, ECA Group, Fetch Robotics, Inc., Gridbots Technologies Private Limited, Hikrobot Technology Co., Ltd., Intel Corporation, Kollmorgen, Körber AG, KuKa AG, Locus Robotics, Mobile Industrial Robots A/S, OMRON Corporation, Peer Robotics, Shanghai Quicktron Intelligent Technology Co., Ltd., Teradyne Inc., Tetrahedron Manufacturing Services, Universal Robots
Market Drivers
1. Boom in E-commerce and Logistics
The exponential growth of e-commerce has transformed warehousing and distribution. AMRs are vital in modern logistics centers, where they pick, transport, and sort products efficiently, helping businesses meet tight delivery schedules.
2. Labor Shortages and Rising Labor Costs
Globally, industries are facing challenges in hiring and retaining labor for repetitive and physically demanding tasks. AMRs offer an ideal solution by automating material handling, improving productivity, and reducing dependence on human labor.
3. Advancements in AI and Robotics
Innovations in artificial intelligence, machine vision, LiDAR, SLAM (Simultaneous Localization and Mapping), and obstacle detection have enhanced the operational capabilities of AMRs, making them safer, smarter, and capable of operating in dynamic environments.
4. Demand for Flexible Manufacturing
Industries today require flexible production lines that can quickly adapt to product changes. AMRs support this shift by providing dynamic material movement capabilities, essential for industries such as automotive, electronics, and food & beverage.
Regional Insights
• North America: Led the market in 2024, driven by the widespread adoption of warehouse automation in the U.S. and Canada.
• Europe: Witnessing strong adoption, particularly in Germany, France, and the U.K., where Industry 4.0 initiatives are prominent.
• Asia-Pacific: Expected to see the fastest growth. China, Japan, and South Korea are heavily investing in smart manufacturing and robotics.
• Latin America and Middle East & Africa: Emerging markets, gradually adopting AMRs for logistics and retail applications.
Market Challenges
• High Initial Investment: Although AMRs reduce operational costs over time, the upfront investment can be a hurdle for small and medium-sized enterprises.
• Technical Integration: Integrating AMRs with legacy systems in existing facilities can be complex and requires careful planning.
• Safety and Regulations: Ensuring compliance with evolving safety standards for autonomous operations remains critical, especially in public and healthcare environments.
Recent Developments
• Amazon has expanded its use of AMRs in fulfillment centers, including its "Proteus" robot for heavy lifting.
• ABB launched a new range of AMRs with AI-enhanced navigation capabilities.
• Locus Robotics introduced multi-robot collaboration systems for warehouse optimization.
• Mobile Industrial Robots (MiR) unveiled new AMRs capable of moving heavier loads in manufacturing plants.
Competitive Landscape
Future Outlook
• The Autonomous Mobile Robots market is set for transformative growth between 2025 and 2034. The next wave will likely see:
• Greater AI integration, enabling predictive decision-making.
• Interoperability among different AMR brands for mixed-fleet operations.
• Expanded use in agriculture, including autonomous farming robots.
• Increased collaboration between AMRs and human workers ("cobots" in logistics).
• More AMRs designed for outdoor and rugged environments, expanding their scope beyond traditional warehouses.
• As industries seek greater flexibility, efficiency, and resilience, the AMR market will be central to the future of intelligent automation.
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Conclusion
Autonomous Mobile Robots are no longer just a futuristic concept - they are actively reshaping supply chains, manufacturing plants, hospitals, and even hotels today. With rapid advancements in AI and robotics technologies and strong demand across sectors, AMRs are set to become a standard component of the smart, automated operations of tomorrow.
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