Global AGV and AMR (Mobile Robots) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global AGV and AMR (Mobile Robots) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global AGV and AMR (Mobile Robots) market size was valued at USD 3447 million in 2023 and is forecast to a readjusted size of USD 22370 million by 2030 with a CAGR of 30.6% during review period.

AGV (Automated Guided Vehicle) and AMR (Autonomous Mobile Robot) refer to types of mobile robots used in industrial settings for material handling and logistics. AGVs are guided by predefined paths or markers on the floor, following a fixed route for transportation tasks. They often require physical modifications to the environment for guidance. In contrast, AMRs utilize advanced sensors, cameras, and mapping technologies to navigate autonomously without the need for predefined paths. AMRs can adapt to dynamic environments, avoiding obstacles and optimizing routes on the fly. Both AGVs and AMRs play crucial roles in improving efficiency and automation in warehouses, manufacturing facilities, and distribution centers, contributing to the advancement of autonomous logistics and smart factories.

The realm of Autonomous Mobile Robots (AMR) and Automated Guided Vehicles (AGV) is expanding beyond logistics and manufacturing, driven by advancements in Artificial Intelligence (AI), Machine Vision, manipulation capabilities for automated picking and placing, and robotic mechanics.

According to the study, the AGV and AMR market is projected to reach approximately $20 billion by 2028, experiencing growth rates of approximately 22% for AGVs and 37% for AMRs. The combined installed base of AGVs and AMRs is set to surpass 2.7 million by 2028, making mobile robots a commonplace presence in daily operational activities.

The study highlights pivotal factors and challenges, including the central role of automation in the manufacturing and logistics sectors as part of Industry 4.0 and Supply Chain 4.0 initiatives. The growth of e-commerce serves as a key driver for AGV/AMR demand in warehouse automation. Global e-commerce sales have experienced a CAGR of 20% over the past decade, surpassing $5 trillion worldwide in 2022, with expectations to reach around $8 trillion by 2028. The share of online retail sales has burgeoned from 2% of the total to roughly 15%, with projections indicating it could exceed 22% by 2028.

High personnel costs in developed countries have fueled interest in AGVs and AMRs. The annual costs for a forklift operator can escalate to $50,000, and constant operation requires multiple drivers. Coupled with forklift investment, annual costs can exceed $200,000. The rise of Artificial Intelligence and Deep Learning is causing disruption across industries, including warehousing.

The Global Info Research report includes an overview of the development of the AGV and AMR (Mobile Robots) industry chain, the market status of Logistics and Warehouse (AGV (Automated Guided Vehicle), AMR (Autonomous Mobile Robot)), Manufacturing (AGV (Automated Guided Vehicle), AMR (Autonomous Mobile Robot)), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of AGV and AMR (Mobile Robots).

Regionally, the report analyzes the AGV and AMR (Mobile Robots) markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global AGV and AMR (Mobile Robots) market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the AGV and AMR (Mobile Robots) market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the AGV and AMR (Mobile Robots) industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., AGV (Automated Guided Vehicle), AMR (Autonomous Mobile Robot)).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the AGV and AMR (Mobile Robots) market.

Regional Analysis: The report involves examining the AGV and AMR (Mobile Robots) market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the AGV and AMR (Mobile Robots) market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to AGV and AMR (Mobile Robots):

Company Analysis: Report covers individual AGV and AMR (Mobile Robots) manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards AGV and AMR (Mobile Robots) This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Logistics and Warehouse, Manufacturing).

Technology Analysis: Report covers specific technologies relevant to AGV and AMR (Mobile Robots). It assesses the current state, advancements, and potential future developments in AGV and AMR (Mobile Robots) areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the AGV and AMR (Mobile Robots) market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

AGV and AMR (Mobile Robots) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
AGV (Automated Guided Vehicle)
AMR (Autonomous Mobile Robot)

Market segment by Application
Logistics and Warehouse
Manufacturing
Hospitals and Healthcare
Others

Major players covered
KUKA
Omron
Clearpath Robotics
Vecna
Dematic
Mobile Industrial Robots
Daifuku
SMP Robotics
Cimcorp Automation
Aethon
Siasun
Locus Robotics
ABB
Fetch Robotics (Zebra)
Meidensha
JBT
Geekplus Technology
Swisslog
Toyota
CSG
6 River Systems
DS Automotion
ForwardX Robotics
Iplusmobot Technology
DF Automation & Robotics
Yujin Robot
Syrius Robotics
Rocla
Karter (Weighpack)
Yonegy
AMS
Aichikikai
Serve Robotics
Neolix
Starship Technologies
Stäubli
Robotnik
Ek Robotics
Seegrid
Quicktron
Jaten Robot
Boston Dynamics
AGVE

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe AGV and AMR (Mobile Robots) product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of AGV and AMR (Mobile Robots), with price, sales, revenue and global market share of AGV and AMR (Mobile Robots) from 2019 to 2024.

Chapter 3, the AGV and AMR (Mobile Robots) competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the AGV and AMR (Mobile Robots) breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and AGV and AMR (Mobile Robots) market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of AGV and AMR (Mobile Robots).

Chapter 14 and 15, to describe AGV and AMR (Mobile Robots) sales channel, distributors, customers, research findings and conclusion.