Autonomous Mobile Robots Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Autonomous Mobile Robots Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Growth Factors of Autonomous Mobile Robots Market

The autonomous mobile robots market size was valued at USD 1.67 billion in 2020, and the market is now projected to grow from USD 1.97 billion in 2021 to USD 8.70 billion by 2028, exhibiting a CAGR of 23.7% during the forecast period of 2021-2028.

The pandemic social isolation and lockdowns pushed the so-called autonomous robots into manufacturing. The leading robotics companies are leasing technology solutions for improved warehouse and distribution functions. Therefore, application vendors are increasingly focusing on customer training through centers of excellence to drive adoption. They are also seeking mergers, acquisitions, and partnerships to improve technological capabilities and bring superior products forward. These strategies are expected to boost the autonomous mobile robots market growth.

The increasing popularity of online purchasing also forces warehouses and distribution centers to automate certain functions in response to changing customer needs. The latest statistics revealed that independent mobile spending in the U.S. reached 16% in 2019, proving the increase in online purchasing. This trend increases the prospects of implementing flexible automation technologies by the most popular e-commerce firms to boost their operation at fulfilment centres. Such movements are believed to improve the growth of the AMRs and thus increase the overall autonomous mobile robots market share.

Also, smart logistics and the automatization of warehouses as part of supply chains are initiating changes by enhancing resource coordination. Robotic technologies are now being refined to meet new requirements in warehouses and distribution facilities. These innovations hold growth prospects for market players given that efficiency is DOA and nobody wants to use anything that is not intuitive. Thus, automation is now entering the realm of indispensability in the contemporary processes of managing supply chains.

Comprehensive Analysis of Autonomous Mobile Robots Market

The autonomous mobile robots market and machinery and equipment industry are rising at an exponential rate due to their market segmentation. This market expansion effectively provides detailed regional assessments considering the dominant supply and demand forces that impact the machinery and equipment industry. These segmentations are methodically segregated by types, by applications and by end-user. The type includes, Goods-to-person Picking, Self-driving Forklifts, Autonomous Inventory Robots and Unmanned Aerial Vehicles. The application includes, Sorting, Pick & Place, Tugging, Warehouse Fleet Management and Others. The end-user includes, Warehouse & Distribution Centers and Manufacturing.

Europe leads the market, holding the largest share due to strong industry presence and strategic expansion by key players. Companies are enhancing sales, service, deployment and training support across the region, driving market dominance. Expanded distribution channels support broader access and adoption of automation solutions. This focus on local service and support reinforces Europe’s position as a primary market leader.

The top players in the market play a crucial role in the machinery and equipment industry assuring industrial prospectus growth and setting market standards. These players include, Material Handling Systems (U.S.), Fetch Robotics, Inc. (U.S.), IAM Robotics (U.S.), NextShift Robotics (U.S.), Stanley Robotics (U.S.), Robotnik (Spain), SESTO Robotics (Singapore), HAHN Robotics GmbH (Germany), Vecna Robotics (U.K.), AutoGuide Mobile Robots (England) and SoftBank Robotics (France). These market players provide a level-playing competitive landscape.

In January 2021, ForwardX Robotics released several AMRs within the Max line to address specific material handling needs in production and warehousing.

Segmentation Table

Global Autonomous Mobile Robots Market Scope

Study Period

2017-2028

Base Year

2020

Forecast Period

2021-2028

Growth Rate

CAGR of 23.7% from 2021 to 2028

Historical Period

2019-2022

Unit

Value (USD Billion)

Segmentation

By Type, Application, End-User, and Region

By Type

Goods-to-person Picking Robots

Self-driving Forklifts

Autonomous Inventory Robots

Unmanned Aerial Vehicles

By Application

Sorting

Pick & Place

Tugging

Warehouse Fleet Management

Others

By End-User

Warehouse & Distribution Centers

Manufacturing

By Region

North America (By Type, Application, End-User, and Country)

• U.S. (By Application)
• Canada (By Application)
• Mexico (By Application)

South America (By Type, Application, End-User, and Country)

• Brazil (By Application)
• Argentina (By Application)
• Rest of the South America

Europe (By Type, Application, End-User and Country)

• U.K. (By Application)
• Germany (By Application)
• France (By Application)
• Italy (By Application)
• Spain (By Application)
• Russia (By Application)
• Benelux (By Application)
• Nordics (By Application)
• Rest of the Europe (By Application)

Middle East and Africa (By Type, Application, End-User, and Country)

• Turkey (By Application)
• Israel (By Application)
• GCC (By Application)
• North Africa (By Application)
• South Africa (By Application)
• Rest of Middle East and Africa (By Application)

Asia Pacific (By Type, Application, End-User and Country)

• China (By Application)
• India (By Application)
• Japan (By Application)
• South Korea (By Application)
• ASEAN (By Application)
• Oceania (By Application)
• Rest of Asia Pacific (By Application)

Please Note: It will take 5-6 business days to complete the report upon order confirmation.