Skip to main content

Autonomous Mobile Robots Market: In-Depth Coverage And Various Important Aspects by 2030

The global autonomous mobile robots market market is predicted to reach a value of $220.6 billion by 2030, increasing from $29.3 billion in 2019, progressing at an 18.3% CAGR during the forecast period (2020–2030), as per a study conducted by P&S Intelligence. The major offerings of the AMR technology are service, software, and robotic system, out of which, the demand for services has been the highest up till now. Other than this, the demand for robotic systems is also predicted to rise significantly in the years to come. 

Different types of robotic systems are humanoid, unmanned maritime vehicle (UMV), unmanned aerial vehicle, and unmanned ground vehicle (UGV). Among these, the demand for UGVs was the highest in 2019, owing to the increasing deployment of these robots for field expedition and logistics applications. UGVs are deployed for automating the process of storage and placement of products in storage facilities and warehouses in the logistics sector. These robots are easy to control and can work for longer hours than manual labor, thereby leading to improved productivity. 


Other than these, the demand for UMVs is also expected to rise in the coming years, owing to the increasing adoption of these robots for commercial and defense applications. Furthermore, innovations in acoustic sensor technology has also resulted in efficiency for underwater navigation and mapping. Companies including Lockheed Martin Corporation, General Dynamic Corporation, and L3 ASV are focusing on the development of military grade UMVs. Geographically, the Asia-Pacific region emerged as the largest AMRs market in the past. 


Within the region, Japan, China, and South Korea are the key consumers of AMRs. The expanding e-commerce industry is the major factor for the increasing adoption of AMRs in the region. The robots are being deployed in warehouses for streamlining the supply chain and for simplifying the process of delivery and storage of products. Other than this, the demand for AMRs has also been considerably high in Europe, owing to the economy and social stability in countries including Germany. 

The industry is making wide use of AMRs for transporting goods in storage facilities and warehouses, thereby enabling real-time inventory management. Other than this, the hospitality sector is also expected to make significant use of these robots in the coming years. Hence, the demand for AMRs across the globe is increasing due to the increasing need for automation and growing e-commerce industry. 

This market research report provides a comprehensive overview of the autonomous mobile robots market

Historical and the present size of the autonomous mobile robots market
Future potential of the market through its forecast for the period 2020– 2030
Major factors driving the market and their impact during the short, medium, and long terms
Market restraints and their impact during the short, medium, and long terms
Recent trends and evolving opportunities for the market participants
Historical and the present size of the market segments and understand their comparative future potential

Labels:

Comments

Post a Comment

Popular posts from this blog

Increasing Internet Penetration Fueling Demand for Product Analytics

With the increasing penetration of the internet in both developing countries such as China and India and developed countries such as Singapore and the U.S., the worldwide demand for product analytics is rising rapidly. For example, according to the Office for National Statistics, in 2018, 90% of all households in Great Britain had access to the internet. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/product-analytics-market/report-sample Additionally, the total percentage of adults who used the internet daily grew from 35% to 86% from 2006 to 2018 in the country. The rapid digital transformation in various countries is pushing up the requirement for product analytics solutions. Moreover, businesses all over the world are increasingly adopting advanced technologies such as product analytics for building a holistic understanding and delivering greater customer engagement. Apart from this, rapid advancements and innovations being made in various cog...
Post a Comment
Read more

Conversational AI Market Worldwide Opportunities, Driving Forces, COVID-19 Impact Analysis, Future Potential 2030

There are two ways in which conversational AI solutions are deployed, namely cloud and on-premises. Of these, the conversational AI solutions deployed through cloud recorded higher demand in 2018, and this deployment method is expected to remain more popular in the coming years. This is primarily attributed to the ballooning demand for scalability and easier maintenance features and 24*7 services offered by these solutions. Furthermore, many major companies are adopting cloud-based solutions for increasing their operational flexibility and reducing their operational costs. Coherent with these facts, the biggest phenomenon currently being observed in the conversational AI market is the mushrooming implementation of chatbots, as well as IVA, in various healthcare applications. Geographically, the highest demand for conversational AI market share has been witnessed in North America in the last few years, and the next few years will witness a similar situation. For instance, a Mahara...
Post a Comment
Read more

Battery Management System Market Size, Status, Top Players, Trends in Upcoming Years

The International Energy Association (IEA) predicts that the sale of battery electric vehicles (BEV) (trucks) and plug-in hybrid electric vehicles (PHEV) (trucks) will reach around 96,555 units and 107,571 units, respectively, by 2025. The organization also forecasts that the global stock of BEV cars and PHEV cars will reach 29,626,576 units and 16,335,941 units, respectively, by 2025. The surging electric vehicle (EV) sales will create an extensive requirement for battery management systems (BMSs) in the coming years, as batteries are the most important component of such vehicles. Besides, the surging use of rechargeable batteries in consumer electronic products is expected to drive the battery management system market at a vigorous CAGR of 15.0% during the forecast period (2021–2030).   The market revenue is expected to surge from $5,661.0 million in 2020 to $22,279.6 million by 2030. BMSs are installed in consumer electronics to control the operation of batteries and manag...
Post a Comment
Read more