Autonomous Mobile Robot (AMR) Market by Component (Hardware and Software), Type (Mouse, Fork, and Others), by Payload Capacity (Up to 100 KG, 101-200 KG, 201-500 KG, 501-1000 KG, 1001-2000 KG, and 2001-5000KG), by Application (Towing, Lifting, Tugging, an

Autonomous Mobile Robot (AMR) Market by Component (Hardware and Software), Type (Mouse, Fork, and Others), by Payload Capacity (Up to 100 KG, 101-200 KG, 201-500 KG, 501-1000 KG, 1001-2000 KG, and 2001-5000KG), by Application (Towing, Lifting, Tugging, and Others), by End User Industry (Electronics, Semiconductor, FMCGs, Automotive, Pharmaceutical, Healthcare, Logistics, Food & Beverage, and New Energy)– Global Opportunity Analysis and Industry Forecast 2023–2030

Autonomous Mobile Robot (AMR) Market size was valued at USD 1.02 billion in 2022, and is predicted to reach USD 3.13 billion by 2030 with a CAGR of 14.2 % during the forecast period, 2023 to 2030.

The Autonomous Mobile Robots (AMRs) market is being driven by factors such as growing demand for automation across various industries, including manufacturing, logistics, healthcare, and e-commerce. AMRs offer significant benefits in terms of efficiency, productivity, and cost reduction by automating repetitive tasks and material handling processes.

Moreover, advancements in artificial intelligence, machine learning, and sensor technologies, have significantly improved the capabilities of AMRs, enabling them to navigate complex environments, interact with humans, and adapt to changing conditions. Additionally, the increasing focus on workplace safety and the need to minimize human intervention in hazardous or strenuous tasks are also fuelling the adoption of AMRs, in turn driving the growth of the market.

One key restraint of the Autonomous Mobile Robots market is the high initial cost of implementing AMR systems, which can be a barrier for smaller businesses or organizations with limited budgets.

However, high implementation cost of AMR systems hampers the growth of the market. As this acts as a barrier for smaller businesses or organizations with limited budgets in turn limiting the wide adoption of AMRs. On the contrary, introduction of Industrial Internet of Things (IIoT), which enables seamless connectivity, data exchange, and intelligent decision-making in AMRs, resulting in enhanced efficiency, optimization, and automation is expected to create ample opportunities in the AMR market.

 

Segment Overview
The Global Autonomous Mobile Robot (AMR) market is segmented on the basis of component, type, payload capacity, application, end user industry, and region.
By component, the market is classified into hardware and software.
By type, the market is segmented into mouse, fork, and others.
By payload capacity, the market is categorized into Up to 100 KG, 101-200 KG, 201-500 KG, 501-1000 KG, 1001-2000 KG, and 2001-5000KG.
By application, the market is divided into towing, lifting, tugging, and others.
By end user industry, the market is divided into electronics, semiconductor, FMCGs, automotive, pharmaceutical, healthcare, logistics, food & beverage, and new energy.
Region wise, the market is segmented into North America, Europe, Asia-Pacific, and RoW.

The Asia-Pacific market is projected to hold the dominant share by 2030.

Asia-Pacific dominates the autonomous mobile robots market and is potently expected to remain dominant throughout the forecast period. This is attributed to its robust manufacturing sector, investments in the automation sector, and booming e-commerce industry. Asia pacific countries such as China, Japan, South Korea, and India are known for large-scale production and they are leading in the adoption of advanced robotic system across automotive, electronics, and consumer goods manufacturing industry.

In addition, the region's e-commerce industry fuels demand for efficient logistics. AMRs streamline warehouse operations, manage inventory accurately, and fulfill orders swiftly, meeting the rising consumer demands. Hence, companies in Asia-Pacific embrace AMRs to enhance their supply chain capabilities.

Key Market Players
The key players in the AMR market include:
• Gideon Brothers
• Omron Corporation
• Multiway Robotics (Shenzhen) Company
• Iplusmobot Technology Co. Ltd.
• 6 River Systems
• Shanghai Seer Intelligent Technology Corporation
• Geekplus Technology Co., Ltd.
• Mobile Industrial Robots A/S
• ABB Ltd.
• Locus Robotics
• Fetch Robotics
• GreyOrange Pte. Ltd.
• OTTO Motors
• Seegrid Corporation
• Addverb Technologies Limite.

Recent Developments
April 2023

Shanghai Seer Intelligent Technology Corporation announced its plan to unveil the SEER SRC Controller for the AMR building kit. This launch aims to provide developers with an innovative solution for building and controlling autonomous robots, thereby accelerating the development of cutting-edge robotic technologies and applications.

March 2023

OTTO Motors introduced their latest AMR, the OTTO 600. This robust AMR is specifically designed to handle heavy loads of up to 600 kg and can operate efficiently in industrial environments such as manufacturing plants and warehouses. The launch of the OTTO 600, along with advancements in software development, is expected to expand the capabilities of autonomous material handling in the industrial sector.

November 2022

GreyOrange partnered with SEKO Logistics to enhance the efficiency of SEKO's logistics operations. This collaboration involves integrating GreyOrange's AI-powered Fulfilment Operating System and Ranger Mobile Sort robots. These robots are specifically designed to sort packages and optimize order fulfillment processes, thereby reducing human error and improving speed and accuracy. The partnership aims to improve SEKO's ability to offer automated solutions to clients, resulting in a more streamlined and cost-effective supply chain.

October 2022

Mobile Industrial Robots (MiR) merged with AutoGuide Mobile Robots (AutoGuide) to provide customers with a comprehensive portfolio of safe collaborative Autonomous Mobile Robots (AMRs) for their internal logistics needs. The merger simplifies automation by offering highly configurable and cost-effective AMRs that are easy to deploy and manage.

May 2022

Gideon Robotics launched Casey, an autonomous case picking robot designed to streamline warehouse operations. Casey autonomously identifies, locates, and picks cases of various shapes and sizes, incorporating advanced machine learning and vision-based algorithms. This robot can collaborate with human workers, seamlessly integrating into existing warehouse operations and improving efficiency, cost-effectiveness, and safety.

Key Benefits
• The AMR market report provides quantitative analysis of the current market and estimations from 2023 to 2030, which assists in identifying the prevailing market opportunities.
• The study comprises a deep dive analysis of the AMR trends including current and future trends for depicting prevalent investment pockets in the market.
• Information related to key drivers, restraints, and opportunities and their impact on the AMR market is provided in the report.
• The competitive analysis of the market players along with their market share in the AMR market is provided in the report.
• SWOT analysis and Porters Five Forces model is elaborated in the study.
• Value chain analysis in the market study provides a clear picture of role of stakeholders.