The autonomous mobile robots market report offers comprehensive market segmentation analysis along with market estimation for the period 2014–2030.

Also, advancements in acoustic sensor technology has led to increase in efficiency for underwater mapping and navigation. The global autonomous mobile robots (AMRs) market was valued at $29.3 billion in 2019 and is projected to reach $220.6 billion in 2030, demonstrating a CAGR of 18.3% during the forecast period (2020–2030). Moreover, the rising demand for mobile robots in the major industries, such as medical science and healthcare, automotive, and oil and gas, is expected to drive the autonomous mobile robot market. The global autonomous mobile robots market is segmented on the basis of type, application and geography. BA Systemes SAS, L3Harris Technologies Inc., Lockheed Martin Corp., Midea Group Co. Ltd., Mobile Industrial Robots AS, OMRON Corp., QinetiQ Ltd., Singapore Technologies Engineering Ltd., Thales Group, and The Boeing Co. are some of the major market participants. 4.2.1 Growing Adoption Across the End-users, 4.2.2 Increasing Aging Population Coupled with Advancements in Technology, 4.3.1 Communication and Connectivity Issues, 4.4 Industry Attractiveness - Porter's Five Force Analysis, 4.4.2 Bargaining Power of Buyers/Consumers, 6.1.1 Aviation Industry Corporation of China, 6.1.3 General Atomics Aeronautical Systems, 8. Additionally, according to International Federation of Robotics (IFR), over 5 million AMRs are expected to function, in around 60,000 warehouses, by 2025 across the globe.

Ltd., IAM Robotics, Cobalt Robotics Inc., Teradyne Inc., KUKA AG, Clearpath Robotics Inc.

To understand geography trends, Download Sample Report. 1 major appliances brand of the Haier Group, with plans to cooperate on developing and utilizing service robots in China, including a special version of SBRG’s humanoid robot ‘Pepper’ for Haier’s ‘Smart Home’, a solution that helps the household appliances interconnect through IoT. The autonomous mobile robot market is highly consolidated, as the major players have the maximum market share. © 2020. For instance, in 2018, it has been recorded that the global e-commerce sales increased by around 22% from the previous year. Moreover, the growing adoption of UAV and UMV in defense is expected to drive the autonomous mobile robot market. According to Invest India, Indian retail industry is projected to grow from $795 billion in 2017 to $1.7 trillion by 2020. This resulted in reduction in the overall cost of logistics and streamlining the supply chain. the autonomous mobile robots also play an economic role in military service, entertainment industry,  mining and metals, electronics and electrical sector, oil and gas, automotive, buildings, and medical industry.

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This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Due to various advantages of the mobile collaborative robots stated above, the companies are increasingly launching these robots in the market. For instance, according to World Bank, Germany witnessed a GDP growth of around 1.5% in 2018, indicating stable economy conditions for retailers and customers. We are always looking to hire talented individuals with equal and extraordinary proportions of industry expertise, problem solving ability and inclination. Moreover, the vendors are expected to introduce offerings that can enhance the update of maps and plans, by incorporating real-time modifications in the plant layout for increased efficiency in movement. The Autonomous Mobile Robot Market is segmented by Type (Unmanned Ground Vehicle, Humanoid, Unmanned Aerial Vehicle, Unmanned Marine Vehicle, and Humanoid), End-user ( Defense and Security, Warehouse and Logistics, Energy and Power, and Automotive), and Geography. Based on end user, the logistics end user category contributed the largest revenue to the autonomous mobile robots market in 2019. Service category incorporates the revenue generated from sale of aftermarket components, integration/deployment of these robots, and consulting services. Technavio is a leading global technology research and advisory company. Moreover, the presence of the major mobile robots manufacturing companies, such as Applied Geo Technologies and macroUSA, in the region is also favoring the adoption of mobile robots in the country. This is ascribed to the large adoption of these robots for transporting goods within a warehouse and storage facilities, enabling real-time inventory management. Therefore, the country's defense sector also marks a considerable demand for autonomous mobile robots. Register for a free trial today and gain instant access to 17,000+ market research reports. Competitive Landscape of Autonomous Mobile Robots Market. Recent Strategic Developments of Major Market Players. © 2020 Prescient & Strategic Intelligence Private Limited. Technavio has announced its latest market research report titled Global Autonomous Mobile Robots Market 2020-2024 (Graphic: Business Wire).

Within Europe, Germany contributed the largest revenue to the market in 2019 and is projected to showcase the positive growth in the near future. Companies such as KUKA AG, Fetch Robotics Inc., OMRON Corporation, are offering robot-as-a-service (RaaS) ownership model, which has spurred the adoption of these robots, primarily by logistics and manufacturing end user sectors.

Report scope can be customized per your requirements. They are designed to work in unpredictable environments. The autonomous mobile robots market is fragmented with the presence of numerous players in the market. Major players of the autonomous mobile robots market, including KUKA AG, Omron Corporation, Teradyne Inc., Clearpath Robotics Inc. and Fetch Robotics Inc, are focusing on product launches and partnerships. China is globally renowned as the largest e-commerce industry, making it lucrative for autonomous mobile robots market. View the full release here: https://www.businesswire.com/news/home/20201019005561/en/.

North America was the largest market for autonomous mobile robots in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. February 2019 - General Atomics Aeronautical Systems Inc. (GA-ASI) announced its intent to collaborate with Sankhya Infotech Limited (Sankhya) to explore Simulation Training and related efforts in support of the sea guardian, Remotely Piloted Aircraft System (RPAS) program for India.

Request a free sample report, Autonomous Mobile Robots Market 2020-2024: Key Highlights. High capital requirements for the incorporation of these devices can challenge the growth of the autonomous mobile robot market. Buy 2 Technavio reports and get the third for free. This subscription model reduces the total cost of ownership (TCO) substantially. Due to rising internet penetration and increasing use of smartphones, there is a trend toward online shopping among the customers; resulting growth in e-commerce industry across the globe. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis. The autonomous mobile robot market is highly consolidated, as the major players have the maximum market share. Moreover, a mobile collaborative robot reduces hands-on time required for the changeovers, thereby focuses on more value-added tasks. The improvement in hardware of UGVs will also drive autonomous mobile robots industry … This is attributed to growing investments in innovation and R&D by the government, private sectors, and academia on the exploration of technology related to surveillance robots. China, Japan, and South Korea are the major consumers of these robots.

Hence, growing e-commerce industry is driving the autonomous mobile robots market across the globe. U.S., Canada, U.K., France, Germany, Italy, Spain, Czech Republic, China, Japan, South Korea, India, Thailand, Indonesia, Singapore, Mexico, Brazil, South Africa, Saudi Arabia, U.A.E. The autonomous mobile robots market is fragmented with the presence of numerous players in the market. The growing trend of miniaturization in the electronic industry has reduced the size and cost of sensors, which has subsequently reduced the price of autonomous robots. Moreover, due to the high initial capital cost, it is very difficult for new players to enter the market. A mobile collaborative robot reduces downtime between the tasks, uses less space than traditional industrial robots, and offers improved performance for the picking of items from shelves and material handling applications. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies.

All Rights Reserved. As the business impact of COVID-19 spreads, the, CAGR of the market during the forecast period 2020-2024, Detailed information on factors that will assist autonomous mobile robots market growth during the next five years, Estimation of the autonomous mobile robots market size and its contribution to the parent market, Predictions on upcoming trends and changes in consumer behavior, The growth of the autonomous mobile robots market, Analysis of the market’s competitive landscape and detailed information on vendors, Comprehensive details of factors that will challenge the growth of autonomous mobile robots market vendors, Aerospace and defense - Market size and forecast 2019-2024, Oil and gas - Market size and forecast 2019-2024, Agriculture and mining - Market size and forecast 2019-2024, Others - Market size and forecast 2019-2024, North America - Market size and forecast 2019-2024, Europe - Market size and forecast 2019-2024, APAC - Market size and forecast 2019-2024, South America - Market size and forecast 2019-2024. For business enquiries - enquiry@psmarketresearch.com, For career enquiries - hr@psmarketresearch.com. It is recommended for up to five users.

Ltd., IAM Robotics, and Cobalt Robotics Inc. Companies such as General Dynamics Corporation, Lockheed Martin Corporation, and L3 ASV, are developing military grade UMVs. Within APAC, China held the largest share in 2019.

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