 |
| Global Autonomous Mobile Robots Market Size |
The autonomous mobile robot (AMR) market has seen tremendous growth due to
rising demand for automation across warehouse and logistics operations. AMRs
are robotic platforms capable of operation without human guidance and play a
vital role in automated material handling using autonomous navigation. Features
like path planning, obstacle avoidance, and automated guided vehicle technology
enable AMRs to efficiently transport goods within facilities.
The global
Autonomous Mobile Robots Market is estimated to be valued at US$ 3.41 Mn in 2023 and is expected to
exhibit a CAGR of 3.1% over the
forecast period 2023 to 2031, as highlighted in a new report published by
Coherent Market Insights.
Market key trends: Increased adoption of AMRs for warehouse automation has been
a major trend fueling market growth. AMRs allow warehouses to operate 24/7
while eliminating risks of human errors. They can efficiently handle diverse
payloads through complex routes, resulting in higher throughput. AMRs
integrated with Internet of Things (IoT) and artificial intelligence further
optimize workflows using real-time data analysis. Automated picking, sorting,
and transportation of goods minimize delays and boost productivity. Progressive
industries are increasingly integrating AMRs alongside existing infrastructure
to maximize capacity utilizing minimum floor space. This is expected to drive
continuous demand over the forecast period.
Segment Analysis
The global Autonomous Mobile Robots market is dominated by the goods-to-person
picking segment as these robots are extensively used across warehouses and
distribution centers for order fulfillment. The goods-to-person picking segment
accounts for over 40% of the total Autonomous Mobile Robots market share due to
the rising need for efficiency and accuracy in distribution and warehousing
operations.
Key Takeaways
Global
Autonomous Mobile Robots Market Size is expected to witness high growth
over the forecast period of 2023 to 2031. The global Autonomous Mobile Robots
Market is estimated to be valued at US$
3.41 Mn in 2023 and is expected to exhibit a CAGR of 3.1% over the forecast period 2023 to 2031.
Regional analysis
North America is currently the dominant region in the Autonomous Mobile Robots
market owing to large presence of warehouses and distribution centers. The
region accounts for around 35% of the global market share currently due to
rapid adoption of automation. Asia Pacific is expected to emerge as the fastest
growing region during the forecast period supported by rising expenditures on
technologically driven logistics infrastructure across developing nations such
as China and India.
Key players
Key players operating in the Autonomous Mobile Robots market are Sanofi,
Pfizer, Inc., Novartis AG., B. Braun Melsungen AG, Fresenius Medical Care,
Medtronic, Preservation Solution Inc., TransMedics, Inc., Organ Recovery
Systems, and Transonic Systems Inc.
Explore More Related Article On This
Topic: https://www.pressreleasebulletin.com/autonomous-mobile-robots-market-share/
Explore More Related Article: https://businessinmyarea.com/latest/concentrated-solar-power-market-is-estimated-to-witness-high-growth-owing-to-growing-need-for-renewable-energy-resources