Press release
Autonomous Robots Market Top Companies Study - ABB; Bleum; Boston Dynamics; Clearpath Robotics, Inc.; GreyOrange.
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Autonomous Robots Market Size, Share & Trends Analysis Report By Component (Hardware, Software, Services), By Type (goods-to-person picking robots, self-driving forklifts, autonomous inventory robots, and unmanned aerial vehicles), By Battery Type (lead batteries, lithium-ion batteries, nickel-based batteries), By End-use (manufacturing, wholesale & distribution), Region, Market Outlook And Industry Analysis 2034"The global Autonomous Robots Market is estimated to reach over USD 16.7 Bn by the year 2034, exhibiting a CAGR of 15.5% during the forecast period.
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Autonomous robots represent a class of advanced machines engineered to perform tasks in real-world settings without the need for human intervention. Among these, Autonomous Mobile Robots (AMRs) are specifically designed to navigate and interact with their surroundings by utilizing either pre-configured facility layouts or dynamically generated maps produced by onboard software-functioning in a manner akin to vehicle navigation systems. The global surge in demand for AMRs is primarily driven by the rapid expansion of the e-commerce sector, which requires highly efficient and scalable logistics solutions.
Furthermore, the increasing adoption of automation in warehouse operations and the capability of AMRs to function reliably in complex, dynamic, and unstructured environments are critical drivers of market growth. Their ability to autonomously navigate and execute tasks positions them as valuable assets across multiple industries by improving operational efficiency and reducing reliance on manual labor. In addition, the rising implementation of automated material handling systems and the emergence of trends such as lights-out automation are anticipated to further accelerate market development over the forecast period.
List of Prominent Players in the Autonomous Robots Market:
• ABB
• Bleum
• Boston Dynamics
• Clearpath Robotics, Inc.
• GreyOrange
• Harvest Automation
• IAM Robotics
• inVia Robotics, Inc.
• KUKA AG
• Teradyne Inc.
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Market Dynamics
Drivers:
The increasing adoption of self-driving warehouse technologies is anticipated to significantly boost market demand. Warehouses equipped with autonomous systems are becoming more prevalent across global markets. These robotic systems manage a broad array of operational tasks, including material transport, scanning, picking, and placement, thereby streamlining warehouse processes. As the number of autonomous warehouses continues to grow, the market is expected to experience substantial expansion in the coming years.
Challenges:
One of the primary obstacles to the widespread deployment of autonomous robots is the considerable upfront investment required to upgrade existing warehouses and distribution centers for maximum automation and efficiency. This presents a particular challenge for small and medium-sized enterprises (SMEs), which often face financial constraints due to limited production capacities and protracted return-on-investment periods. Additional expenses related to equipment procurement, system integration, programming, and associated components further impede market penetration. Moreover, integrating autonomous robots within existing operational frameworks can disrupt inventory control and overall workflow, resulting in transitional inefficiencies that may delay or limit adoption. These factors collectively represent significant challenges to market growth.
Regional Trends:
Europe is expected to hold a prominent position in the autonomous robots market in terms of revenue share and is forecasted to achieve a strong compound annual growth rate (CAGR) over the forecast period. This upward trend is supported by strategic initiatives from leading market participants aimed at expanding sales, enhancing service delivery, and strengthening deployment and training infrastructure throughout the region. In addition, government-backed investments in smart manufacturing facilities and the promotion of Industry 4.0 technologies are key enablers of regional market growth.
The Asia-Pacific region is also poised for notable growth, emerging as a close contender to Europe. This advancement is driven by a dynamic ecosystem comprising both established corporations and innovative startups adopting aggressive expansion strategies to increase their market presence. Furthermore, key regional economies-such as China, Japan, South Korea, and India-are prioritizing the adoption of next-generation technologies, including 5G connectivity, artificial intelligence-powered navigation, and real-time localization systems. These advancements are expected to significantly contribute to the region's growing share in the autonomous robots market.
Recent Developments:
• In July 2022, 6 River Systems signed a multiyear global agreement with contract logistics provider GXO Logistics, Inc. Through this collaboration; the companies will meet Collaborative Mobile Robot (CMR) needs in their logistics operations across the United States and Europe.
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Segmentation of Autonomous Robots Market-
By Component-
• Hardware
• Software
• Services
By Type-
• Goods-to-person picking robots
• Self-driving Forklifts
• Autonomous Inventory Robots
• Unmanned Aerial Vehicles
By Battery-
• Lead Battery
• Lithium-Ion Battery
• Nickel-based Battery
• Others
By End-use-
• Manufacturing
o Automotive
o Aerospace
o Electronics
o Chemical
o Pharmaceuticals
o Plastics
o Defense
o FMCG
o Others
• Wholesale & Distribution
o E-commerce
o Retail Chains/Conveyance Stores
o Others
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of the Middle East and Africa
Read Overview Report- https://www.insightaceanalytic.com/report/autonomous-robots-market/1881
About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
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InsightAce Analytic Pvt. Ltd.
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