Wed. Oct 4th, 2023
    The Growing Market for Autonomous Mobile Robots

    The autonomous mobile robots (AMRs) market is projected to experience significant growth in the coming years, with a forecasted value of USD 4.1 billion by 2028. This represents a compound annual growth rate (CAGR) of 17.5% from 2023 to 2028. Several factors are contributing to this surge in demand for AMRs.

    One key driver is the rising cost of labor and the need for increased productivity in logistics operations. AMRs are aligned with the principles of Industry 4.0, which aims to integrate automation and digital technologies into manufacturing processes. Equipped with advanced sensors, AMRs enhance manufacturing systems, improve flexibility, and increase efficiency in production processes.

    The Asia Pacific region, consisting of countries like China, Japan, and India, is a major contributor to the global AMR market. Factors such as rapid industrialization, the growth of the e-commerce sector, technological advancements in warehousing practices, and the adoption of Industry 4.0 principles have created a conducive environment for the widespread adoption of AMRs. This, in turn, leads to improved operational efficiency, increased productivity, and enhanced competitiveness across various industries.

    In terms of technology, the laser/LiDAR segment is expected to dominate the AMR market in 2023. Laser/LiDAR technology is essential for perception, mapping, and navigation purposes in AMRs. LiDAR sensors enable accurate detection and recognition of obstacles, providing real-time data about object locations, sizes, and distances. This information allows AMRs to plan safe and collision-free paths, navigating around obstacles.

    The hardware segment is expected to contribute the largest share of the market during the forecast period. High-quality hardware components, such as cameras, LiDAR sensors, proximity sensors, and encoders, are crucial for perceiving the robot’s surroundings. These components capture data about the environment, enabling the AMR to detect obstacles, perceive objects, and map its surroundings.

    In conclusion, the autonomous mobile robots market is experiencing rapid growth due to factors such as rising labor costs, increased productivity demands, and the adoption of Industry 4.0 principles. The Asia Pacific region is playing a significant role in this growth, and laser/LiDAR technology and hardware components are key drivers in the market. Companies like ABB, Omron Automation, and Mobile Industrial Robots are leading players in shaping the industry’s evolution and innovation.