Autonomous Mobile Robots Market Size, Share, Trends And Forecast To 2031

August 03 18:45 2023
Autonomous Mobile Robots Market Size, Share, Trends And Forecast To 2031
Autonomous Mobile Robots Market by Operating Environment (Aerial, Ground, and Marine), by Component (Control System, Sensors, Hardware, Software), by Application Area (Domestic, Military, Medical, Agriculture, Manufacturing), by Covid-19 impact (Pre Covid-19 situation, Post Covid-19 situation) – Growth, Share, Opportunities and Competitive Analysis, 2023 – 2031

According to the latest report published by Acute Market Reports “Autonomous Mobile Robots Market” – Growth, Future Prospects and Competitive Analysis, 2023-2031,” the global Autonomous Mobile Robots Market is expected to expand at a CAGR of 46% from 2023 to 2031.

Advances led by research robotics have widened its applications across multiple sectors. The autonomous mobile robot is any robot that can understand and move through its environment without being overseen directly by an operator or on a fixed predetermined path. Autonomous mobile robots are classified according to their function of handling products as with SLAM (simultaneous localization and mapping) and without SLAM.  The global autonomous mobile robots market is expected to grow at a significant CAGR of 46 % during the forecast period of 2022 to 2030. The pandemic has affected the market adversely due to the lockdown that led to restrictions of manufacturing, logistics, and operations. The pandemic has hampered the growth of the autonomous mobile robot market and the market is expected to regain by Q2, Q3 in 2022.

Browse Full Report at https://www.acutemarketreports.com/report/autonomous-mobile-robots-market

Manufacturing segment is the largest revenue-generating segment which is expected to reach more than 1 billion by 2029. However, the healthcare and hospitality industry remains the fastest-growing segment which is expected to grow at a CAGR of 51% during the forecast period of 2023 to 2031.  The factors such as e-commerce, scarcity of human resources, adoption of technology, and demand for accuracy drive market growth.

North America dominates the autonomous mobile robots market. The lack of resources has created widened opportunities for AMRs. North America has always focused on automation technologies for the same reason. The advancements in AMRs to replace resources has been the largest motivating factor for the deployment of such technologies. With increasing online purchasing, AMRs have been perceived at an effective solution to manage logistics.   In 2020 there were about 2.7 million units of industrial robots working across the globe.  Europe has invested over $ 12 billion in 2021 in technologies such as AI, there by opening up growth for techno businesses. Government initiatives are expected to boost market growth. In Asia, China, Japan, Korea are some of the leading countries with respect to applications of autonomous mobile robots. China is expected to grow at a CAGR of 25% from 2022 to 2030 and remains as the second fastest-growing region followed by North America.

Key players in the market include Geek+, GreyOrange, ABB, Bleum, Boston Dynamics, Clearpath Robotics, Grey Orange, Harvest Automation, IAM Robotics, inVia Robotics, Kuka AG, Samsung Electronics. Effective R&D and development of cost-efficient models remain as the key focus areas among the market players.

Access Free Sample From https://www.acutemarketreports.com/request-free-sample/139261

Key Market Movements:

  • Autonomous Mobile Robots market is developing significantly with an expected CAGR of 46% from 2023 – 2031.
  • Manufacturing application remains the key market segment.
  • Healthcare segment is the fastest-growing market.
  • The pandemic had an adverse impact on the market.
  • North America dominated the market both in terms of revenue and growth.
  • The government plays a vital role in funding of projects to ensure growth.
  • Key players in the market include Geek+, GreyOrange, ABB, Bleum, Boston Dynamics, Clearpath Robotics, Grey Orange, Harvest Automation, IAM Robotics, inVia Robotics, Kuka AG, Samsung Electronics.
  • Effective R&D and the development of cost-efficient models remain as the key focus areas among the market players.

Get Access To All Latest Research Reports https://www.acutemarketreports.com/market-research-reports

Media Contact
Company Name: Acute Market Reports, Inc.
Contact Person: Chris Paul
Email: Send Email
Phone: US/Canada: +1-855-455-8662, India: +91 7755981103
Address:90 Church St, FL 1 #3514, New York, NY 10008, USA
City: New York
State: New York
Country: United States
Website: www.acutemarketreports.com