Since the beginning of human civilization, people have sought ways to make things easier. This is why they invented simple cutting and hunting tools and, later, wheels. In the 18th century, Benjamin Franklin, Luigi Galvani, Alessandro Volta, Michael Faraday, and many other now-famous scientists’ research became the basis for the field of electricals and electronics, which perhaps has played the greatest role in offering humans convenience.
In the modern world, with the advent of semiconductors, robots are doing more and more of people‘s work for them. Due to the constant technological advancements, as a means for people to make life even easier, P&S Intelligence expects the autonomous mobile robots market revenue to increase from $29.3 billion in 2019 to $220.6 billion by 2030, at a healthy 18.3% CAGR between 2020 and 2030.
Such pre-programmed robots are cable of performing a variety of tasks and moving around without much human intervention. As they eliminate the requirement for humans to a large extent, they have begun to be used extensively in large spaces, such as warehouses and factories.
In this regard, the rapid growth of the e-commerce industry is leading to the high-volume procurement of autonomous mobile robots (AMRs). As such companies need to process and ship thousands of orders each day, humans can have a hard time traversing the humongous warehouse floors looking for the correct products and bringing them all the way to the packaging and labeling area. This is why e-commerce and logistics companies are deploying AMRs to process orders more efficiently and also reduce their long-term operational costs.
This market research report provides a comprehensive overview of the market
In the modern world, with the advent of semiconductors, robots are doing more and more of people‘s work for them. Due to the constant technological advancements, as a means for people to make life even easier, P&S Intelligence expects the autonomous mobile robots market revenue to increase from $29.3 billion in 2019 to $220.6 billion by 2030, at a healthy 18.3% CAGR between 2020 and 2030.
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Such pre-programmed robots are cable of performing a variety of tasks and moving around without much human intervention. As they eliminate the requirement for humans to a large extent, they have begun to be used extensively in large spaces, such as warehouses and factories.
In this regard, the rapid growth of the e-commerce industry is leading to the high-volume procurement of autonomous mobile robots (AMRs). As such companies need to process and ship thousands of orders each day, humans can have a hard time traversing the humongous warehouse floors looking for the correct products and bringing them all the way to the packaging and labeling area. This is why e-commerce and logistics companies are deploying AMRs to process orders more efficiently and also reduce their long-term operational costs.
This market research report provides a comprehensive overview of the 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
- Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings
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