Autonomous Mobile Robots Market Report 2022-2028

1. Autonomous Mobile Robots Market - Global Size, Share, Trend Analysis, Opportunity and Forecast Report,2022-2028

2. Global Autonomous Mobile Robots Market - Trends and Forecasts BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Global Autonomous Mobile Robots Market size at USD 2.37 billion in 2021. During the forecast period between 2022 and 2028, BlueWeave expects global autonomous mobile robots market size to growing at a significant CAGR of 22.1% reaching a value of USD 9.44 billion by 2028. Global autonomous mobile robots market is being driven by the introduction of sophisticated technologies in robotics systems, increased reliance on automation solutions to manage the supply chain ecosystem, new safety rules, and the growing E-commerce industry.

3. Growth Drivers High adoption rate of automation across industry verticals Automation is in high demand across the world. Companies are automating their production and operations processes to save money, time, and produce higher-quality goods. Companies are automating their processes to improve quality, productivity, and worker safety in the face of stiff competition in the global market. The growing application of robots in various industrial sectors, technological advancements, the expanding application area of autonomous robots, and rising knowledge about the benefits of autonomous robots are all driving factors for the market. There is a growing demand for smart devices in autos, the development of advanced driver assistance systems, and various governments' enactment of severe telematics rules.

4. Restraints  High initial costs Adoption of AMRs could be affected by the high installation costs and integration capabilities required for initial setup. Due to the combination of high-quality hardware with an effective software control system, the initial investment and maintenance expenses of using robotics systems are considerable. The requirement for a large initial investment limits the usage of mobile robotics in a variety of areas, including healthcare, logistics, education, and agriculture could stifle the growth of global autonomous mobile robots market.

5. Impact of COVID-19 The COVID-19 outbreak wreaked havoc on the manufacturing sector. Social distance, quarantines, and lockdowns all inspired the use of robotics, particularly in ground operations. Several players are also emphasizing on the renting of their robotic systems as a means of promoting their products. This would also allow warehouse and distribution owners to smooth out the process in the event of a pandemic. Furthermore, robot providers are always concentrating on training their clients and developing robot center training to educate users. These activities are expected to help in propelling the growth of global autonomous mobile robots market.

6. Regional Insights Due to the increased need for material handling equipment from various industrial industries, Europe currently has the lion's share of the autonomous mobile robot market and is likely to continue its domination over the period in analysis. Furthermore, large government investments to promote the establishment of small companies and the adoption of Industry 4.0 are likely to drive market expansion in Europe. Sample Copy of the Report: https://www.blueweaveconsulting.com/report/autonomous-mobile-robots-market/report-sample

7. Competitive Landscape Major companies in global autonomous mobile robots market include Cimcorp Automation, Locus Robotics, Aviation Industry Corporation of China, Omron Adept, Hi-Tech Robotic Systemz, Clearpath Robotics, General Atomics Aeronautical Systems, Aethon, SMP Robotics, Softbank Robotics, AutoGuide Mobile Robots, KUKA AG, IAM Robotics, NextShift Robotics, Stanely Robotics, Robotnik, and SESTO Robotics. To gain a competitive edge, these prominent players employ various strategies including mergers and acquisitions, partnerships, joint ventures, collaborations, and new product and service launches.

8. Recent Development In January 2021 -ForwardX Robotics launched a comprehensive range of AMRs under its Max robotics brand to provide automated material handling solutions in manufacturing and warehousing operations. In August 2020 - Sesto Robotics launched a new autonomous mobile robot meant to automate material handling procedures in the manufacturing, commercial, and healthcare industries.

9. Key PlayersCimcorp Automation, Locus Robotics, Aviation Industry Corporation of China, Omron Adept, Hi-Tech Robotic Systemz, Clearpath Robotics, General Atomics Aeronautical Systems, Aethon, SMP Robotics, Softbank Robotics, AutoGuide Mobile Robots, KUKA AG, IAM Robotics, NextShift Robotics, Stanely Robotics, Robotnik, SESTO Robotics.

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