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Increasing E-Commerce Activities Augmenting the Autonomous Mobile Robots Market Growth
Increasing e-commerce activities around the world and the advent of Market 4.0 are the key trends driving the demand of autonomous mobile robots market. Due to their capacity to move independently in changing situations, factors such as increased warehouse automation and expanding acceptance of these robots across multiple sectors are projected to boost the market growth. The market for autonomous mobile robots is also expected to expand during the forecast period due to the increasing usage of automated material handling and trends such as lights-out automation. However, load size restrictions and the high cost of establishing AMR systems are projected to impede market growth to some extent.
The growing use of mobile robots in hospitals to deliver medication and medical equipment to patient rooms is a crucial trend in autonomous mobile robots market projected to provide attractive growth prospects for market players in the future. Autonomous mobile robots are also employed in the military for combat operations, boosting soldier safety on the ground and rescuing wounded soldiers. Other factors, including rapid urbanisation and extensive research and development (R&D) activities, are anticipated to drive the market further.
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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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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