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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Autonomous Mobile Robots Market Growth
The rising use of robots across several industrial sectors is one of the key factors that are projected to augment the growth of the autonomous mobile robots market. Technological advancements, rising awareness of the benefits of autonomous mobile robots and expansion of the applications for these machines are further contributing to market growth. With increasing demand and sales of a wide range of consumer products, there is a heightened demand for streamlined manufacturing and logistics to reduce costs and increase production. As costs of human labour rise worldwide, the global market is projected to witness substantial growth in the coming years as more end users and verticals replace expensive human labour with cost-effective autonomous mobile robots.
Autonomous Mobile Robots Market Report Snapshots
Autonomous Mobile Robots Market Size
Autonomous Mobile Robots Market Growth
Autonomous Mobile Robots Market Trends
Autonomous Mobile Robots Companies
Autonomous Mobile Robots Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global market for autonomous mobile robots attained a value of approximately USD 3.67 billion.
The market is projected to grow at a CAGR of 18.30% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032, reaching a value of around USD 16.57 billion by 2032.
The major drivers of the market include rapid industrialisation, growing warehouse automation, increasing usage of automated material handling, rising use of mobile robots in construction, and growing use in defence.
Increasing building and industrial automation, technological advancements, expanding acceptance of these robots across multiple sectors, the rising e-commerce activity around the world, and the advent of Market 4.0 are the key autonomous mobile robots market trends.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The different types of autonomous mobile robots in the market include goods-to-person picking robots, self-driving forklifts, autonomous inventory robots, and unmanned aerial vehicles.
The various battery types of autonomous mobile robots are lead battery, lithium-ion battery, and nickel-based battery, among others.
The major verticals in the market for autonomous mobile robots are real estate and construction, power and energy, defence and security, manufacturing and logistics, automotive, and education and research, among others.
The major players in the market are ABB, Clearpath Robotics Inc., Harvest Automation, IAM Robotics, inVia Robotics, Inc., Omron Corporation, Boston Dynamics, Inc., Grey Orange Pte. Ltd., Kuka AG, and Conveyco Technologies, among others.
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