PUBLISHER: Market Research Future | PRODUCT CODE: 1545619
PUBLISHER: Market Research Future | PRODUCT CODE: 1545619
Global Mobile Robots Market Research Report By Robot Type (Autonomous Guided Vehicles (AGVs){ Underride AGVs, Tow tractors, Unit load AGVs ,Forked AGV}, Autonomous Mobile Robots (AMRs){Transport Inventory AMRs, Picking Assist AMRs, Sortation AMRs}), Application(Material Handling Logistics, Inspection Maintenance, Cleaning Disinfections, Security Surveillance, Intralogistics Transportation, Last Mile Delivery), End Use Industry (Manufacturing, Logistics Distribution, Healthcare, E-Commerce Retail, Automotive ), Region Forecast Till 2032
In 2022, the mobile robots market was valued at USD 4,893.4 million. The Mobile Robots market is expected to increase from USD 5,271.6 million in 2023 to USD 9,577.4 million in 2032, with a compound yearly growth rate (CAGR) of 6.90% throughout the forecast period. Mobile robots may move around in their environment and are not limited to a single physical area. The use of mobile robots in commercial and industrial settings is increasing. Hospitals have traditionally employed autonomous mobile robots to transfer materials.
Mobile robotic devices have been installed in warehouses to efficiently transport commodities from order fulfillment zones to stocking shelves. With more sectors embracing Industry 4.0 ideas, mobile robots have emerged as critical components in the transformation of traditional manufacturing environments into smart and efficient production centers. Mobile robots are machines that are heavily controlled by software programming and use sensors and other technologies such as artificial intelligence to identify and move around their surroundings. Mobile robotics use a combination of artificial intelligence (AI) and actual robotic components including wheels, tracks, and legs.
Market Segment Insights
The Mobile Robots market is divided into two categories based on robot type: autonomous guided vehicles (AGVs), which are further divided into underride AGVs, tow tractors, unit load AGVs, and forked AGVs, and autonomous mobile robots (AMRs), which are further divided into transport inventory AMRs, picking assist AMRs, sortation AMRs, and others.
The Mobile Robots market is further split into the following applications: Material Handling & Logistics, Inspection & Maintenance, Cleaning & Disinfections, Security & Surveillance, Intralogistics & Transportation, and Last Mile Delivery.
The market is further classified and subcategorized by end use industry, including manufacturing, logistics and distribution, healthcare, E-commerce and retail, automotive, and others.
Regional insights
Asia Pacific has the biggest market share of all. Asia Pacific is predicted to increase significantly due to an expanding manufacturing industry, a surge in the e-commerce sector, and high demand for logistics and transportation, which will promote the sale of mobile robots throughout the area. Although the Southeast Asian subregion's e-commerce ecosystem is still in its early stages, the market is expanding quickly and outpacing the rest of Asia's adjacent nations. With improved digital infrastructure, e-commerce business models, and digital policies, the subregion has enormous growth potential.
Europe will also experience significant growth as a result of its expanding automotive industry and recent surge in the region's e-commerce business. The automobile sector is the EU's leading investor in R&D. The employment of robots in automobile manufacturing processes allows for high levels of repeatability and precision, resulting in process optimization and higher productivity. Autonomous mobile robots (AMRs) are transforming automation in the automotive industry. With their adaptability, precision, and ability to work safely alongside humans, AMRs are becoming an invaluable tool. From assembly lines to material handling, AMRs help to streamline operations, cut costs, and boost efficiency.
ABB LTD, KUKA AG, OTTO Motors, Omron Corporation, Zebra Technologies, Aethon Inc, Clearpath Robotics Inc, Mobile Industrial Robots, Locus Robotics, Capra Robotics, BOSTON DYNAMICS, SWISSLOG HANDLING AG, and BLUeBOTICS SA are among the major players in the Mobile Robots Market who have contributed to its growth.