Asia-Pacific Autonomous Mobile Robots Market Forecast Analysis 2024-2032
As per Triton’s research report, the autonomous mobile robots market in the Asia-Pacific is estimated to expand in terms of revenue at a CAGR of 22.48% during the forecast period 2024-2032.
The Asia-Pacific autonomous mobile robots (AMR) market growth is largely credited to the booming e-commerce industry in several countries, including Japan, South Korea, India, and China. As the e-commerce sector flourishes, supply chain networks and logistics are becoming more complicated, prompting companies to adopt autonomous mobile robots in warehouses and fulfillment centers across the region. Additionally, there is a growing demand for smart and efficient warehouses and an increasing use of robots across various industrial sectors.
The countries analyzed in this region include China, Australia & New Zealand, ASEAN Countries, Japan, South Korea, India, Rest of Asia-Pacific.
China leads with a major market share, recording nearly $461.38 million in 2023.
- As per ITIF, China is the world’s largest consumer of industrial robots, accounting for 52% of global robot installations in 2022. This dominance provides Chinese robot producers with a significant advantage in their domestic market.
- Leading companies like ABB and Fanuc have established the world’s largest and most advanced robot production facilities in Shanghai, surpassing even Fanuc’s factories in Japan.
- Robot manufacturers in this country offer highly competitive pricing; for instance, their humanoids are priced around $90,000, which is five times less than those produced by Western companies. While many robots manufactured in China are about 80% as effective as their Western counterparts, their significantly lower cost creates substantial opportunities for growth in the autonomous mobile robots (AMR) market.
Autonomous Mobile Robots Market Forecast for Japan
According to ITA, in 2022, Japanese companies designed 45% of all industrial robots worldwide, reflecting the country’s leadership in the robotics industry. That year, orders for industrial robots from Japanese manufacturers hit a record $7.35 billion. Japan’s manufacturing sector had a robot density of 631 robots per 10,000 human workers, demonstrating a strong trend toward automation. This high level of robotic adoption, along with the nation’s established infrastructure and technological expertise, presents significant opportunities for the growth of the autonomous mobile robots (AMR) market, particularly in sectors like smart warehousing and logistics that require advanced automation solutions.
The autonomous mobile robots market is segmented by robot type, component, application, and end-user. Based on robot type, it is further classified into self-driving forklifts, goods-to-person picking robots, autonomous inventory robots, and unmanned aerial vehicles. Goods-to-person picking robots are automated systems used in warehouses to deliver products directly to human pickers. They streamline order fulfillment by reducing travel time, improving efficiency, and enhancing accuracy in inventory management.
Contender Analysis in the Autonomous Mobile Robots Market:
Omron Corporation offers automation components, social infrastructure systems, healthcare, environmental solutions, and equipment and systems for industrial automation. The company also provides various products, including sensors, relays, safety devices, tire pressure monitoring systems, driver monitor sensors, automation systems, switches, ticket vending machines, motion and drives, electric power steering, control devices, integrated control units, traffic signal controllers, security/surveillance cameras, road management systems, automated ticket gates, etc. It is headquartered in Kyoto, Japan.
In May 2024, the company announced the ‘AI Suitcase’ Autonomous Guidance Robot for the visually impaired to be Demonstrated at Expo 2025 in Osaka, Kansai, Japan.
Other key contenders in the market include Greyorange, Bleum, Invia Robotics, Clearpath Robotics Inc, Teradyne Inc, and Vecna Robotics.
ASIA-PACIFIC AUTONOMOUS MOBILE ROBOTS MARKET 2024-2032.pdf