Press release
Autonomous Mobile Robots Market to Reach USD 7.72 Billion by 2029, Says Stratview Research
Stratview Research
Stratview Research, a global market research firm, has launched a report on the global market, which provides a comprehensive outlook of the global and regional industry forecast, current & emerging market trends, segment analysis, competitive landscape, & more.
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Market Statistics
• Market size (2022): USD 2.98 billion
• Forecast value (2029): USD 7.72 billion
• CAGR (2023-2029): 14.42%
• Forecast period: 2023-2029
• Base year: 2022
• Total number of segments: 4 major categories
• Tables & figures: 100+
• Country-Level Market Assessment: 20
Market Segmentation
By Type
• Self Driving Forklifts
• Autonomous Inventory Robots
• Goods to Person Picking Robots
• Unmanned Aerial Vehicles
By End-User Type
• Warehouse or Distribution Center
• Manufacturing
By Application Type
• Sorting
• Pick and Place
• Tugging
• Warehouse Fleet Management
By Region
• North America (Country Analysis: The USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, The UK, Russia, and The Rest of Europe)
• Asia-Pacific (Country Analysis: Japan, China, India, and the Rest of Asia-Pacific)
• Rest of the World (Country Analysis: Brazil, Argentina, and Others)
Segment Analysis
In the Type category, the Goods to Person Picking Robots segment is dominant, accounting for more than a 45% share of global revenue as of 2022 because these robots significantly reduce manual picking time and labor costs in warehouses, enabling faster order fulfillment; suppliers focused on this segment can capitalize on continued investments in logistics automation.
Within End-User Type, the Warehouse or Distribution Center segment leads as these facilities are increasingly deploying AMRs to streamline intralogistics and achieve near-real-time inventory movements, which directly supports higher throughput and lower cycle times; OEMs should tailor solutions that integrate with warehouse management systems to capture long-term contracts.
For Application Type, Sorting represents a key segment due to its critical role in handling high-velocity material flows in logistics operations, where AMRs improve accuracy and speed relative to manual systems; this trend encourages developers to refine algorithm-driven navigation and sorting efficiencies.
Regional Insights
Asia-Pacific is identified as the fastest growing region for the Autonomous Mobile Robots Market, driven by burgeoning e-commerce sectors and rapid adoption of automation for inventory management in developing economies, which is expected to translate into sustained investments in AMR technologies across logistics and manufacturing ecosystems.
Market Drivers
• Rapid rise in e-commerce and omnichannel logistics requiring scalable automation to handle order volumes.
• Persistent labor shortages and rising labor costs driving demand for autonomous systems.
• Advancements in AI, machine learning, and sensor technologies improving navigation and efficiency.
• Increased focus on safety and productivity in warehouses and factories.
• Expansion of digital supply chains that rely on real-time data and autonomous coordination.
Competitive Landscape
Top Companies in the Market
• Boston Dynamics
• Clearpath Robotics Inc
• Conveyco Technologies
• Geekplus Technology Co Ltd
• IAM Robotics
• KUKA AG
• MHS Global
• Omron Group
• Teradyne Inc
• Locus Robotics
FAQs
1. How big was the autonomous mobile robots market in 2022?
The global autonomous mobile robots market was valued at approximately USD 2.98 billion in 2022.
2. What is the expected market value of autonomous mobile robots by 2029?
The market is projected to reach USD 7.72 billion by 2029.
3. Which robot type holds the largest share in the autonomous mobile robots market?
Goods to person picking robots dominated the market with more than a 45% share in 2022.
4. Which end-user deploys the most autonomous mobile robots?
Warehouse or distribution centers are the largest end-users of AMRs due to automation needs in logistics operations.
5. What region is expected to grow fastest for autonomous mobile robots?
Asia-Pacific is anticipated to register the highest growth rate over the forecast period.
Related Links:
Network attached storage devices market: https://logcla.com/blogs/1047393/Global-NAS-Devices-Market-Rapid-Growth-Driven-by-Data-Explosion
Oled display panel market: https://www.bundas24.com/blogs/179279/OLED-Display-Panel-Market-Advancing-High-Performance-Display-Technologies
Paint thinners market: https://webyourself.eu/blogs/1719183/Paint-Thinners-Market-Driving-Efficiency-and-Sustainability-in-Coatings
Pressure washers market: https://www.leenkup.com/read-blog/71392
Sodium nitrate market: https://www.omaada.com/blogs/265180/Sodium-Nitrate-Market-Steady-Growth-Driven-by-Agriculture-and-Industrial
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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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