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Autonomous Mobile Robots (AMR) Market Potential Promising with CAGR of 25.86%

Author: QYResearch  |   Published Date: 2021-12-23   |   Views: 49



An autonomous mobile robot (AMR) is a robot that performs behaviors or tasks with a high degree of autonomy. The AMR relies on autonomous navigation where no wires, tape, GPS or other navigation markers are required. Its laser guidance system assures precise navigation, obstacle avoidance and human safety. The drive-around mapping with laptop adjustments enables fast and easy route updates and additions.  The demands placed on the functionality of autonomous robotic systems are significantly higher compared to conventional industrial robots. The aim is that mobile systems operate autonomously in unknown and dynamic environments to fulfill their assigned tasks. For this purpose, it is essential to explore and model the environment in a suitable way. The information gathered by sensors has to be combined to allow for an accurate positioning. In addition, the perceived surroundings have to be consolidated in an exact map representation. Having acquired this knowledge, the robot is able to plan an optimal collision-free path to a given goal and to perform complex handling tasks.

 

Autonomous mobile robots are largely more cost-efficient compared to human labor, which allows for a greatly expanded list of economically feasible services. This is because most of the currently demanded services were originally offered with the cost of human labor in mind, rather than creating an affordable robot. It is also important that a single operator can manage multiple robots at the same time. Thanks to modern communication technologies, the robots’ performance can be controlled remotely. In the near future, the service market is expected to experience drastic changes, due to the increased availability of mobile robots. Soon, the most economically attractive and advantageous use for the autonomous robots will be seen in the tailor-made tasks based in the reality of our increasingly robotized global environment and its emerging brand-new markets.

 

The key players are Swisslog (KUKA), Omron Adept, Clearpath Robotics, Vecna, Mobile Industrial Robots, SMP Robotics, Cimcorp Automation, Aethon, Locus Robotics, Fetch Robotics, Geekplus Technology, 6 River Systems and so on. Among them, Swisslog (KUKA), Omron Adept, Geekplus Technology and Mobile Industrial Robots are the leaders in autonomous mobile robots market. The top 4 players account for more than 50% market share globally.

 

According to QYResearch’s newest research, global Autonomous Mobile Robots (AMR) market was valued at US$ 1094.09 million in 2020 and will reach US$ 5939.23 million by the end of 2027, growing at a CAGR of 25.86% during 2021-2027. The market will driven by various end-user industries, such as hospitality and healthcare, manufacturing, logistics and warehouse and so on. The market potential of the industry is very promising.

 

 

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