Autonomous Mobile Robot Market - Global Outlook & Forecast 2023-2028

List of Tables

The global autonomous mobile robots market was valued at USD 8.65 billion in 2022 and is expected to grow at a CAGR of 18.29% from 2022-2028.

MARKET TRENDS & OPPORTUNITIES

High Adoption of Technology in Warehousing & Logistics

Cutting-edge robotics technology has emerged as a highly sought-after solution for effectively managing warehouses. Prominent manufacturers collaborate with warehouse management system providers to develop tailor-made software and intelligent robots to oversee warehouse stock organization, storage, and categorization. As the demand for timely order processing, the need to handle a multitude of products, and the requirements for personalized order fulfillment continues to grow; robotics solutions offer an efficient response by accommodating increased volume, performing a wider range of tasks with reduced labor dependency, and ultimately lowering operational costs.

Regarding warehousing & logistics, robotics signifies the emergence of autonomous machinery engineered to complement or replace human labor within manufacturing and logistics contexts. A robotic system essentially comprises two essential components: the physical machine, designed for a specific task, and the accompanying software that governs its actions.

Rising Adoption in the Healthcare Industry

Autonomous mobile robots are increasingly being adopted in the healthcare industry for various reasons, as they offer a wide range of benefits that can improve efficiency, safety, and patient care. In healthcare facilities like hospitals and clinics, there's a constant need to move materials, supplies, and medication throughout the facility.

Majorly autonomous mobile robots are adopted in the healthcare industry for the following reasons:

To Improve Efficiency and Productivity: Autonomous mobile robots can help automate many repetitive and time-consuming tasks currently performed by human workers in hospitals and other healthcare settings. This can free up human workers to focus on more important tasks, such as providing care to patients.
To Improve Accuracy and Safety: AMRs are equipped with sensors that allow them to navigate autonomously and avoid obstacles; this can help reduce the risk of human error and accidents.
To Reduce Costs: AMRs can help healthcare organizations reduce labor costs and improve operational efficiency, leading to significant cost savings over time.

INDUSTRY RESTRAINTS

High Initial Costs

The substantial initial cost is a formidable entry barrier in the autonomous mobile robots market, particularly when considering their deployment in various industries, such as restaurants and food service establishments, for tasks like customer service and food delivery. This emerging industry has attracted attention due to its potential to streamline operations, reduce labor expenses, and elevate the overall customer experience. Nonetheless, the upfront investment needed to adopt and integrate the autonomous mobile robots market can be high, posing a considerable challenge for many businesses aiming to incorporate this technology.

SEGMENTATION INSIGHTS

INSIGHT BY COMPONENT

The hardware component segment dominated the global autonomous mobile robots market in 2022. The hardware segment of the AMR market encompasses the physical components that make up these robots. This includes sensors, actuators, mobility systems (like wheels or tracks), chassis, and power sources. This segment has grown substantially in recent years, primarily due to the increasing adoption of AMRs across various industries. Sensors are a vital component of AMRs, providing real-time data about the robot's surroundings. Furthermore, the software segment of the AMR market comprises algorithms, artificial intelligence (AI), and control systems that enable robots to perceive, plan, and navigate autonomously. This segment has experienced rapid growth, largely driven by AI and machine learning advancements. As industries seek to automate increasingly complex tasks, the demand for sophisticated software capable of handling intricate processes, such as advanced object recognition, navigation in dynamic environments, and adaptive decision-making, is rising.

Segmentation by Component

Hardware
Software

INSIGHTS BY PRODUCT

The global autonomous mobile robots market by product has been broadly classified into goods-to-person picking robots, inventory robots, self-driving forklifts, and others. In 2022, the market has been dominated by the goods-to-person picking robots segment. Goods-to-person (G2P) picking robots are robotic systems designed to enhance order fulfillment and logistics operations by bringing items or products directly to human operators for picking and packing. These robots are typically used in warehouses, distribution centers, and e-commerce fulfillment centers where the efficient and accurate retrieval of items is crucial. Moreover, the exponential growth of e-commerce has transformed the retail landscape. Online shoppers expect fast, accurate, and on-time deliveries. G2P systems streamline order fulfillment processes, enabling businesses to keep up with the increasing demand. Consumers now anticipate quick and reliable order delivery, often with same-day or next-day shipping options. G2P systems expedite order processing, reducing delivery times and enhancing customer satisfaction.

Segmentation by Product

Goods-To-Person Picking Robots
Inventory Robots
Self Driving Forklifts
Others

INSIGHT BY END USER

The global autonomous mobile robots market by end users is segmented into warehousing & logistics, e-commerce & retail, manufacturing, healthcare, hospitality, and others. In 2022, warehousing & logistics accounts for the highest revenue share of the market. AMRs optimize and streamline various logistics and supply chain processes, including inventory management, order picking, packing, sorting, and material transportation. Their autonomy and adaptability make them valuable tools for improving efficiency, reducing labor costs, and enhancing overall warehouse and logistics operations. This has led to the demand for autonomous mobile robots in the warehouse & logistics segment. Moreover, e-commerce & retailers have also recognized the significance of autonomous mobile robots to enhance consumers' online shopping habits that are likely to persist due to the growing convenience of the experience.

Segmentation by End-User

Warehousing & Logistics
E-commerce & Retail
Manufacturing
Healthcare
Hospitality
Others

GEOGRAPHICAL ANALYSIS

European industries are investing in automation and Industry 4.0 initiatives, including integrating AMRs into manufacturing processes. Factors such as the rising demand for high-end quality goods at competitive pricing and intense market competition are expected to propel the various industries towards the implementation of industrial robots as well as automation of the material handling processes via AMRs. Such factors further support the growth of the autonomous mobile robots market. Regions such as Latin America, the Middle East, and Africa are gradually embracing AMR technology, but adoption levels may vary widely. These regions increasingly recognize the potential benefits of AMRs in various industries, including logistics and agriculture, and support the growth of the autonomous mobile robots market.

Segmentation by Geography

APAC
- China
- Japan
- South Korea
- Singapore
- Rest of APAC
North America
- US
- Canada
Europe
- Germany
- Italy
- UK
- France
- Spain
- Poland
- Rest of Europe
Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Mexico
- Rest of Latin America

COMPETITIVE LANDSCAPE

The global autonomous mobile robots market has witnessed a dynamic and competitive landscape shaped by a blend of established industry leaders, innovative startups, and technology providers. This sector has experienced significant growth, driven by the increasing adoption of automation across various industries. Boston Dynamics is a notable autonomous mobile robots market player renowned for its cutting-edge robotics and mobility solutions. The company has pioneered advanced quadruped and biped robots with unparalleled mobility and manipulation capabilities, positioning itself as a leader in developing highly agile and versatile robotic platforms.

Key Company Profiles

ABB
Geekplus Technology
KUKA
Locus Robotics
Omron Automation
Teradyne

Other Prominent Vendors

Aethon (ST Engineering)
Blue Ocean Robotics
Boston Dynamics
Conveyco Technologies
Fetch Robotics (Zebra Technologies)
GreyOrange
Harvest Automation
inVia Robotics
Milvus Robotics
OTTO Motors (Clearpath Robotics)
Robotnik
SoftBank Robotics
Tugbot
Vecna Robotics
Youibot Robotics

KEY QUESTIONS ANSWERED:

1. How big is the autonomous mobile robots market?

2. What is the growth rate of the global autonomous mobile robots market?

3. Which region dominates the global autonomous mobile robots market share?

4. What are the significant trends in the autonomous mobile robots market?

5. Who are the key players in the global autonomous mobile robots market?

Product Code: ARZ240111

1 RESEARCH METHODOLOGY

2 RESEARCH OBJECTIVES

3 RESEARCH PROCESS

4 SCOPE & COVERAGE

4.1 MARKET DEFINITION
- 4.1.1 INCLUSIONS
- 4.1.2 EXCLUSIONS
- 4.1.3 MARKET ESTIMATION CAVEATS
4.2 BASE YEAR
4.3 SCOPE OF THE STUDY
- 4.3.1 MARKET SEGMENTATION BY COMPONENT
- 4.3.2 MARKET SEGMENTATION BY PRODUCT
- 4.3.3 MARKET SEGMENTATION BY END-USER
- 4.3.4 MARKET SEGMENTATION BY GEOGRAPHY

5 REPORT ASSUMPTIONS & CAVEATS

5.1 KEY CAVEATS
5.2 CURRENCY CONVERSION
5.3 MARKET DERIVATION

6 PREMIUM INSIGHTS

6.1 MARKET DEFINITION
6.2 REPORT OVERVIEW
6.3 OPPORTUNITIES & CHALLENGE ANALYSIS
6.4 SEGMENT ANALYSIS
6.5 REGIONAL ANALYSIS
6.6 COMPETITIVE LANDSCAPE

7 MARKET AT A GLANCE

8 INTRODUCTION

8.1 OVERVIEW
- 8.1.1 KEY FEATURES OF AUTONOMOUS MOBILE ROBOTS
8.2 BASIC COMPONENTS OF AUTONOMOUS MOBILE ROBOTS
- 8.2.1 PERCEPTION
- 8.2.2 DECISION
- 8.2.3 ACTUATION
8.3 MAJOR APPLICATIONS OF AUTONOMOUS MOBILE ROBOTS
8.4 ROBOTICS INDUSTRY
- 8.4.1 MAIN TRENDS AND CHALLENGES IN ROBOT APPLICATIONS
- 8.4.2 INDUSTRIAL ROBOTS
- 8.4.3 SERVICE ROBOTS
8.5 VALUE CHAIN ANALYSIS
- 8.5.1 RAW MATERIAL AND COMPONENT SUPPLIERS
- 8.5.2 MANUFACTURERS
- 8.5.3 DEALERS/DISTRIBUTORS/RETAILERS
- 8.5.4 END-USERS

9 MARKET OPPORTUNITIES & TRENDS

9.1 EVOLUTION OF INDUSTRY 4.0
9.2 HIGH ADOPTION OF TECHNOLOGY IN WAREHOUSING & LOGISTICS
9.3 SHIFT TOWARD ROBOT-AS-A-SERVICE
9.4 HIGH ADOPTION OF COLLABORATIVE ROBOTS

10 MARKET GROWTH ENABLERS

10.1 GROWTH IN E-COMMERCE AND MANUFACTURING INDUSTRIES
10.2 RISE IN ADOPTION IN HEALTHCARE INDUSTRY
10.3 LABOR SHORTAGE & COST REDUCTION
10.4 RISE IN AUTOMATION IN MATERIAL HANDLING

11 MARKET RESTRAINTS

11.1 HIGH INITIAL COSTS
11.2 FLUCTUATIONS IN RAW MATERIAL PRICES

12 MARKET LANDSCAPE

12.1 MARKET OVERVIEW
- 12.1.1 KEY INSIGHTS
- 12.1.2 GEOGRAPHIC OVERVIEW
- 12.1.3 VENDOR ANALYSIS
12.2 MARKET SIZE & FORECAST
12.3 COMPONENT
- 12.3.1 MARKET SIZE & FORECAST
12.4 PRODUCT
- 12.4.1 MARKET SIZE & FORECAST
12.5 END-USER
- 12.5.1 MARKET SIZE & FORECAST
12.6 FIVE FORCES ANALYSIS
- 12.6.1 THREAT OF NEW ENTRANTS
- 12.6.2 BARGAINING POWER OF SUPPLIERS
- 12.6.3 BARGAINING POWER OF BUYERS
- 12.6.4 THREAT OF SUBSTITUTES
- 12.6.5 COMPETITIVE RIVALRY

13 COMPONENT

13.1 MARKET SNAPSHOT & GROWTH ENGINE
13.2 MARKET OVERVIEW
13.3 HARDWARE
- 13.3.1 MARKET OVERVIEW
- 13.3.2 MARKET SIZE & FORECAST
- 13.3.3 MARKET BY GEOGRAPHY
13.4 SOFTWARE
- 13.4.1 MARKET OVERVIEW
- 13.4.2 MARKET SIZE & FORECAST
- 13.4.3 MARKET BY GEOGRAPHY

14 PRODUCT

14.1 MARKET SNAPSHOT & GROWTH ENGINE
14.2 MARKET OVERVIEW
14.3 GOODS-TO-PERSON PICKING ROBOTS
- 14.3.1 MARKET OVERVIEW
- 14.3.2 MARKET SIZE & FORECAST
- 14.3.3 MARKET BY GEOGRAPHY
14.4 INVENTORY ROBOTS
- 14.4.1 MARKET OVERVIEW
- 14.4.2 MARKET SIZE & FORECAST
- 14.4.3 MARKET BY GEOGRAPHY
14.5 SELF-DRIVING FORKLIFTS
- 14.5.1 MARKET OVERVIEW
- 14.5.2 MARKET SIZE & FORECAST
- 14.5.3 MARKET BY GEOGRAPHY
14.6 OTHERS
- 14.6.1 MARKET OVERVIEW
- 14.6.2 MARKET SIZE & FORECAST
- 14.6.3 MARKET BY GEOGRAPHY

15 END-USER

15.1 MARKET SNAPSHOT & GROWTH ENGINE
15.2 MARKET OVERVIEW
15.3 WAREHOUSING & LOGISTICS
- 15.3.1 MARKET OVERVIEW
- 15.3.2 MARKET SIZE & FORECAST
- 15.3.3 MARKET BY GEOGRAPHY
15.4 E-COMMERCE & RETAIL
- 15.4.1 MARKET OVERVIEW
- 15.4.2 MARKET SIZE & FORECAST
- 15.4.3 MARKET BY GEOGRAPHY
15.5 MANUFACTURING
- 15.5.1 MARKET OVERVIEW
- 15.5.2 MARKET SIZE & FORECAST
- 15.5.3 MARKET BY GEOGRAPHY
15.6 HEALTHCARE
- 15.6.1 MARKET OVERVIEW
- 15.6.2 MARKET SIZE & FORECAST
- 15.6.3 MARKET BY GEOGRAPHY
15.7 HOSPITALITY
- 15.7.1 MARKET OVERVIEW
- 15.7.2 MARKET SIZE & FORECAST
- 15.7.3 MARKET BY GEOGRAPHY
15.8 OTHERS
- 15.8.1 MARKET OVERVIEW
- 15.8.2 MARKET SIZE & FORECAST
- 15.8.3 MARKET BY GEOGRAPHY

16 GEOGRAPHY

16.1 MARKET SNAPSHOT & GROWTH ENGINE
16.2 GEOGRAPHIC OVERVIEW

17 APAC

17.1 MARKET OVERVIEW
17.2 PEST ANALYSIS
- 17.2.1 POLITICAL
- 17.2.2 ECONOMIC
- 17.2.3 SOCIAL
- 17.2.4 TECHNOLOGY
17.3 MARKET SIZE & FORECAST
17.4 COMPONENT
- 17.4.1 MARKET SIZE & FORECAST
17.5 PRODUCT
- 17.5.1 MARKET SIZE & FORECAST
17.6 END-USER
- 17.6.1 MARKET SIZE & FORECAST
17.7 KEY COUNTRIES
17.8 CHINA: MARKET SIZE & FORECAST
17.9 JAPAN: MARKET SIZE & FORECAST
17.10 SOUTH KOREA: MARKET SIZE & FORECAST
17.11 SINGAPORE: MARKET SIZE & FORECAST
17.12 REST OF APAC: MARKET SIZE & FORECAST

18 NORTH AMERICA

18.1 MARKET OVERVIEW
18.2 PEST ANALYSIS
- 18.2.1 POLITICAL
- 18.2.2 ECONOMIC
- 18.2.3 SOCIAL
- 18.2.4 TECHNOLOGY
18.3 MARKET SIZE & FORECAST
18.4 COMPONENT
- 18.4.1 MARKET SIZE & FORECAST
18.5 PRODUCT
- 18.5.1 MARKET SIZE & FORECAST
18.6 END-USER
- 18.6.1 MARKET SIZE & FORECAST
18.7 KEY COUNTRIES
18.8 US: MARKET SIZE & FORECAST
18.9 CANADA: MARKET SIZE & FORECAST

19 EUROPE

19.1 MARKET OVERVIEW
19.2 PEST ANALYSIS
- 19.2.1 POLITICAL
- 19.2.2 ECONOMIC
- 19.2.3 SOCIAL
- 19.2.4 TECHNOLOGY
19.3 MARKET SIZE & FORECAST
19.4 COMPONENT
- 19.4.1 MARKET SIZE & FORECAST
19.5 END-USER
- 19.5.1 MARKET SIZE & FORECAST
19.6 PRODUCT
- 19.6.1 MARKET SIZE & FORECAST
19.7 KEY COUNTRIES
19.8 GERMANY: MARKET SIZE & FORECAST
19.9 ITALY: MARKET SIZE & FORECAST
19.10 UK: MARKET SIZE & FORECAST
19.11 FRANCE: MARKET SIZE & FORECAST
19.12 SPAIN: MARKET SIZE & FORECAST
19.13 POLAND: MARKET SIZE & FORECAST

20 MIDDLE EAST & AFRICA

20.1 MARKET OVERVIEW
20.2 PEST ANALYSIS
- 20.2.1 POLITICAL
- 20.2.2 ECONOMIC
- 20.2.3 SOCIAL
- 20.2.4 TECHNOLOGY
20.3 MARKET SIZE & FORECAST
20.4 COMPONENT
- 20.4.1 MARKET SIZE & FORECAST
20.5 PRODUCT
- 20.5.1 MARKET SIZE & FORECAST
20.6 END-USER
- 20.6.1 MARKET SIZE & FORECAST
20.7 KEY COUNTRIES
20.8 SAUDI ARABIA: MARKET SIZE & FORECAST
20.9 UAE: MARKET SIZE & FORECAST
20.10 SOUTH AFRICA: MARKET SIZE & FORECAST

21 LATIN AMERICA

21.1 MARKET OVERVIEW
21.2 PEST ANALYSIS
- 21.2.1 POLITICAL
- 21.2.2 ECONOMIC
- 21.2.3 SOCIAL
- 21.2.4 TECHNOLOGY
21.3 MARKET SIZE & FORECAST
21.4 COMPONENT
- 21.4.1 MARKET SIZE & FORECAST
21.5 PRODUCT
- 21.5.1 MARKET SIZE & FORECAST
21.6 END-USER
- 21.6.1 MARKET SIZE & FORECAST
21.7 KEY COUNTRIES
21.8 BRAZIL: MARKET SIZE & FORECAST
21.9 MEXICO: MARKET SIZE & FORECAST
21.10 REST OF LATIN AMERICA: MARKET SIZE & FORECAST

22 COMPETITIVE LANDSCAPE

22.1 COMPETITION OVERVIEW

23 KEY COMPANY PROFILES

23.1 ABB
- 23.1.1 BUSINESS OVERVIEW
- 23.1.2 PRODUCT OFFERINGS
- 23.1.3 KEY STRATEGIES
- 23.1.4 KEY STRENGTHS
- 23.1.5 KEY OPPORTUNITIES
23.2 GEEKPLUS TECHNOLOGY
- 23.2.1 BUSINESS OVERVIEW
- 23.2.2 PRODUCT OFFERINGS
- 23.2.3 KEY STRATEGIES
- 23.2.4 KEY STRENGTHS
- 23.2.5 KEY OPPORTUNITIES
23.3 KUKA
- 23.3.1 BUSINESS OVERVIEW
- 23.3.2 PRODUCT OFFERINGS
- 23.3.3 KEY STRATEGIES
- 23.3.4 KEY STRENGTHS
- 23.3.5 KEY OPPORTUNITIES
23.4 LOCUS ROBOTICS
- 23.4.1 BUSINESS OVERVIEW
- 23.4.2 PRODUCT OFFERINGS
- 23.4.3 KEY STRATEGIES
- 23.4.4 KEY STRENGTHS
- 23.4.5 KEY OPPORTUNITIES
23.5 OMRON AUTOMATION
- 23.5.1 BUSINESS OVERVIEW
- 23.5.2 PRODUCT OFFERINGS
- 23.5.3 KEY STRATEGIES
- 23.5.4 KEY STRENGTHS
- 23.5.5 KEY OPPORTUNITIES
23.6 TERADYNE
- 23.6.1 BUSINESS OVERVIEW
- 23.6.2 PRODUCT OFFERINGS
- 23.6.3 KEY STRATEGIES
- 23.6.4 KEY STRENGTHS
- 23.6.5 KEY OPPORTUNITIES

24 OTHER PROMINENT VENDORS

24.1 AETHON (ST ENGINEERING)
- 24.1.1 BUSINESS OVERVIEW
- 24.1.2 PRODUCT OFFERINGS
24.2 BLUE OCEAN ROBOTICS
- 24.2.1 BUSINESS OVERVIEW
- 24.2.2 PRODUCT OFFERINGS
24.3 BOSTON DYNAMICS
- 24.3.1 BUSINESS OVERVIEW
- 24.3.2 PRODUCT OFFERINGS
24.4 CONVEYO TECHNOLOGIES
- 24.4.1 BUSINESS OVERVIEW
- 24.4.2 PRODUCT OFFERINGS
24.5 FETCH ROBOTICS (ZEBRA TECHNOLOGIES)
- 24.5.1 BUSINESS OVERVIEW
- 24.5.2 PRODUCT OFFERINGS
24.6 GREYORANGE
- 24.6.1 BUSINESS OVERVIEW
- 24.6.2 PRODUCT OFFERINGS
24.7 HARVEST AUTOMATION
- 24.7.1 BUSINESS OVERVIEW
- 24.7.2 PRODUCT OFFERINGS
24.8 INVIA ROBOTICS
- 24.8.1 BUSINESS OVERVIEW
- 24.8.2 PRODUCT OFFERINGS
24.9 MILVUS ROBOTICS
- 24.9.1 BUSINESS OVERVIEW
- 24.9.2 PRODUCT OFFERINGS
24.10 OTTO MOTORS (CLEARPATH ROBOTICS)
- 24.10.1 BUSINESS OVERVIEW
- 24.10.2 PRODUCT OFFERINGS
24.11 ROBOTNIK
- 24.11.1 BUSINESS OVERVIEW
- 24.11.2 PRODUCT OFFERINGS
24.12 SOFTBANK ROBOTICS
- 24.12.1 BUSINESS OVERVIEW
- 24.12.2 PRODUCT OFFERINGS
24.13 TUGBOT
- 24.13.1 BUSINESS OVERVIEW
- 24.13.2 PRODUCT OFFERINGS
24.14 VECNA ROBOTICS
- 24.14.1 BUSINESS OVERVIEW
- 24.14.2 PRODUCT OFFERINGS
24.15 YOUIBOT ROBOTICS
- 24.15.1 BUSINESS OVERVIEW
- 24.15.2 PRODUCT OFFERINGS

25 REPORT SUMMARY

25.1 KEY TAKEAWAYS
25.2 STRATEGIC RECOMMENDATIONS

26 QUANTITATIVE SUMMARY

26.1 MARKET BY GEOGRAPHY
26.2 APAC
- 26.2.1 COMPONENT: MARKET SIZE & FORECAST
- 26.2.2 PRODUCT: MARKET SIZE & FORECAST
- 26.2.3 END-USER: MARKET SIZE & FORECAST
26.3 NORTH AMERICA
- 26.3.1 COMPONENT: MARKET SIZE & FORECAST
- 26.3.2 PRODUCT: MARKET SIZE & FORECAST
- 26.3.3 END-USER: MARKET SIZE & FORECAST
26.4 EUROPE
- 26.4.1 COMPONENT: MARKET SIZE & FORECAST
- 26.4.2 PRODUCT: MARKET SIZE & FORECAST
- 26.4.3 END-USER: MARKET SIZE & FORECAST
26.5 MIDDLE EAST & AFRICA
- 26.5.1 COMPONENT: MARKET SIZE & FORECAST
- 26.5.2 PRODUCT: MARKET SIZE & FORECAST
- 26.5.3 END-USER: MARKET SIZE & FORECAST
26.6 LATIN AMERICA
- 26.6.1 COMPONENT: MARKET SIZE & FORECAST
- 26.6.2 PRODUCT: MARKET SIZE & FORECAST
- 26.6.3 END-USER: MARKET SIZE & FORECAST
26.7 MARKET BY COMPONENT
- 26.7.1 MARKET SIZE & FORECAST
26.8 MARKET BY PRODUCT
- 26.8.1 MARKET SIZE & FORECAST
26.9 MARKET BY END-USER
- 26.9.1 MARKET SIZE & FORECAST

27 APPENDIX

27.1 ABBREVIATIONS