Mobile Robot Market by Product (Automated Guided Vehicle (AGV) and Autonomous Mobile Robot (AMR)), by Component (Hardware and Software), Type (Tow Vehicle, Tug Vehicle, Unit Load Vehicle, Pallet Truck, Forklift Vehicle, and Other Type), by Navigation Sens

Mobile Robot Market by Product (Automated Guided Vehicle (AGV) and Autonomous Mobile Robot (AMR)), by Component (Hardware and Software), Type (Tow Vehicle, Tug Vehicle, Unit Load Vehicle, Pallet Truck, Forklift Vehicle, and Other Type), by Navigation Sensor (Laser/LiDar Guidance, Magnetic Guidance, Optical Tape Guidance, Vision Guidance, and Other Navigation Sensor), by Payload Capacity (100–250 kg, 250–500 kg, 500–1000 kg, 1000–1500 kg, 1500–2000 kg, and Above 2000 kg), and by End User (Semiconductor & Electronics, FMCGs, Automotive, Healthcare, Pharmaceutical, E-commerce, Logistics, Food & Beverage, and Other End User) – Global Opportunity Analysis and Industry Forecast, 2024–2030

The Mobile Robot Market size was valued at USD 6.83 billion in 2023, and is predicted to reach USD 14.31 billion by 2030, with a CAGR of 10.4% during the forecast period, 2024–2030. Also, the Mobile Robot Market size was 377,468 units in 2023, and is predicted to reach 1,119,842 units in 2030, with a CAGR of 15.8% from 2024 to 2030.

The mobile robot industry is a dynamic sector that incorporates two primary components including Autonomous Mobile Robots (AMRs) and Automated Guided Vehicles (AGVs). AMRs are sophisticated robotic systems designed to navigate and perform tasks autonomously in various environments without human intervention. They utilize a combination of sensors, artificial intelligence (AI), and advanced algorithms to perceive surroundings, make decisions, and execute actions independently. The combination of AMRs and AGVs defines the mobile robot industry, offering a spectrum of robotic solutions that autonomously navigate, adapt to surroundings, and perform various tasks. This industry plays a crucial role in increasing productivity, efficiency, and the implementation of Industry 4.0 principles, contributing to the evolution of smart factories.

The mobile robot industry is propelled by the surging e-commerce sector, which relies on these robots for efficient and automated warehouse operations. As online shopping demands rise, mobile robots play a crucial role in optimizing logistics, addressing labor challenges, and ensuring quick and accurate order fulfillment. According to the data published by SkyQuest, Forbes, Shopify, and eMarketer, the e-commerce retail sales are expected to reach USD 8.14 billion by 2026, with e-commerce websites taking up 24.0% of total retail sales.

However, the high implementation and integration costs related to mobile robots is a major problem especially for businesses with limited resources or time constraints. Thus, restraining the growth of the mobile robot industry.

On the contrary, introduction of mobile robots in the semiconductor industry to fulfil the demand for precise, speed and reliability creates ample growth opportunity for the AGV industry. Companies such as KUKA AG, Omron Corporation, Castec International, and Murata Machinery have been actively engaged in developing and expanding of mobile robots tailored to the semiconductor industry, utilizing established components and advanced navigation systems to enhance performance and reliability.

Segment Overview

The global mobile robot industry is segmented on the basis of product, component, type, navigation sensor, payload capacity, end user, and region.
 By product, the market is divided into automated guided vehicle (AGV) and autonomous mobile robot (AMR).
 By component, the market is categorized into hardware and software.
 By type, the market is bifurcated into tow vehicle, tug vehicle, unit load vehicle, pallet truck, forklift vehicle, and other type.
 By navigation sensor, the market is segmented into laser/lidar guidance, magnetic guidance, optical tape guidance, vision guidance, and other navigation sensor.
 By payload capacity, the market is categorized into 100-250 kg, 250-500 kg, 500-1000 kg, 1000-1500 kg, 1500-2000 kg, and above 2000 kg.
 By end user, the market is segmented into semiconductor & electronics, FMCGs, automotive, healthcare, pharmaceuticals, e-commerce, logistics, food & beverage, and other end user.
 By region, the market is segmented into North America, Europe, Asia-Pacific, and the rest of the world (RoW).

Regional Analysis

Asia-Pacific holds the dominant market share

The Asia-Pacific region dominates the mobile robot industry, driven by widespread adoption of Industry 4.0 initiatives. Countries such as Australia, India, and Indonesia that launched initiatives fueling demand for robotics solutions, including AGVs and AMRs, to optimize production and logistics.

Moreover, the expanding e-commerce sector further boosts growth, with Asia leading in retail e-commerce sales. Additionally, key companies are focusing on enhancing interoperability between AGVs and AMRs, as seen in BlueBotics' presentation at CeMAT Asia 2023 on ""Making AGVs & AMRs Work Together – 3 Interoperability Approaches.""

Key Market Players

The key players in the global mobile robot market include:
• Geekplus Technology Co., Ltd
• GreyOrange
• Omron Corporation
• Mobile Industrial Robots A/S
• Locus Robotics
• Toyota Industries Corporation
• KION Group
• JBT Corporation
• Jungheinrich AG
• ABB Ltd.
• Daifuku Co., Ltd.
• KUKA AG
• Seegrid
• E&K Automation
• Murata Machinery, Ltd.

Recent Developments

September 2023

Omron introduced the MD-650 mobile robot, compliant with safety standards, aimed at streamlining material transport. In the dynamic Autonomous Mobile Robot (AMR) market, Omron emphasizes advanced technologies such as AI and ML to enhance efficiency and adaptability.

June 2023

Jungheinrich and Mitsubishi Logisnext launched Rocrich AGV Solutions, a joint venture expanding mobile automation in North America. The partnership combines Rocla and Jungheinrich's AGV portfolios, offering a comprehensive range of solutions. It reflects the growing demand for logistics automation in North America.

June 2023

Dematic, a subsidiary of KION Group launched third-gen freezer-rated AGVs in Australia, featuring advanced sensor and navigation tech, exceeding global safety standards. It is designed for freezer environments, these AGVs address challenges in cold storage facilities, showcasing Dematic's commitment to continuous improvement with cutting-edge technology.

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.

April 2021

Toyota Industries Corporation (TICO) launched T-Hive, a software for autonomous vehicles (AVs), including Mobile Robots and autonomous mobile robots. This development aims to unify control systems across TICO AVs, leveraging existing solutions to drive global innovations in response to the rising demand for logistics automation, especially in the Asia-Pacific region.

KEY BENEFITS
• The report provides quantitative analysis and estimations of the mobile robot market from 2024 to 2030. This analysis assists in identifying the prevailing market opportunities to capitalize on.
• The study comprises a detailed analysis of the mobile robot market trends, including the current and future trends to depict the prevalent investment pockets in the market.
• The information related to key drivers, restraints, and opportunities and their impact on the mobile robot market is provided in the report.
• The competitive analysis of the market players along with their market share in the mobile robot market is provided in the report.
• The SWOT analysis and Porter’s Five Forces model are elaborated in the study.
• The value chain analysis in the market study provides a clear picture of the roles of stakeholders.