Autonomous Mobile Robots Market Size, Share, Growth, Trends, Applications

1. How is Growing E-Commerce Industry Driving Demand for Autonomous Mobile Robots? As the processes in industries are becoming more complex, the need for automation is growing rapidly. These day industries need to be more productive and efficient in order to cater to the needs of the surging population, owing to which, they are extensively making use of advanced machineries to get the work done. Take for example the e-commerce that has been growing rapidly ever since the increased penetration of internet and smartphones around the world, which, in turn, is creating the need for automated solutions to ensure efficiency of the highest possible level. Get https://www.psmarketresearch.com/market-analysis/autonomous-mobile-robots-mar ket/report-sample Sample Copy of This Report @ It is due to such factors that the demand for autonomous mobile robots (AMR) is growing. AMRs have the ability to make decisions on their own, much like humans, for performing certain actions. Ideally, an AMR can perceive its environment for making decisions according to what it has been programmed to recognize and then initiate a movement with the specific environment. According to a P&S Intelligence report, the global ​autonomous mobile robots market reached a value of $29.3 billion in 2019 and is predicted to generate a revenue of $220.6 billion by 2030, registering an 18.3% CAGR during the forecast period (2020–2030). Software, services, and robotic systems are the major offerings that come under the AMR technology, out of which, the demand for services was the highest in the past. This can be owing to the fact that companies, including Fetch Robotics Inc., KUKA AG, and OMRON Corporation, are providing robot-as-a service model, thereby

2. leading to the increasing adoption of AMRs by different industries. The subscription model effectively decreases the total cost of ownership of this technology. Other than this, the demand for robotic systems, including humanoid, unmanned ground vehicle, unmanned maritime vehicle, and unmanned aerial vehicle, is also projected to increase in the years to come. Make https://www.psmarketresearch.com/send-enquiry?enquiry-url=autonomous-mobile- robots-market Enquiry Before Purchase @ A number of industries are making use of AMRs, namely hospitality, logistics, residential, healthcare, aerospace & defense, manufacturing, mining & mineral, retail, and agriculture. Among all these, the logistics industry made the most use of AMRs in the past and is further expected to create the largest demand for these devices in the coming years as well. 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. The industry is using AMRs for offering enhanced customer experience and providing operational efficiency. As the awareness regarding these robots in increasing, their demand is also projected to increase in the near future. Geographically, Asia-Pacific emerged as the largest autonomous mobile robots market instead of North America in 2019. This is because of the expanding e-commerce sector, which, in turn, has been the reason for increasing need for smart warehouse in order to streamline the supply chain. AMRs are being deployed in warehouses for simplifying processes of storage and delivery.

3. Hence, the demand for AMRs across the globe is increasing due to the increasing need for automation and growing e-commerce industry.