DUBLIN--(BUSINESS WIRE)--The "Autonomous Mobile Robots (AMR) Market Outlook In Warehouse Industry" report has been added to ResearchAndMarkets.com's offering.
Autonomous Mobile Robots (AMR) are expected to account 20% market share in coming 5 years in the total warehouse automation market.
This research study about the global autonomous mobile robots provides pertinent insight and information about the penetration of technology in warehousing industry. The industry is expected to triple its size by the year 2030 and these positive projections point to an industry with tremendous growth potential. The study also highlights an upward market trajectory trend that is being sustained by improvements in technology, demand, and competitiveness among industry players.
Autonomous Mobile Robots (AMRs) have gained popularity among warehouses and logistical companies to improve operational efficiency, speed, precision, and safety. AMRs can understand and navigate their environment independently using sophisticated sensors, artificial intelligence, machine learning and compute for path planning. Equipped with cameras and sensors, AMRs can detect and avoid unexpected obstacles, such as fallen boxes or crowds of people, by adjusting their path and continuing with their task.
The evolution of large companies such as Amazon, Alibaba and other e-commerce giants has largely been driven by the effectiveness and efficiency of their warehousing operations. Warehousing is as old as humanity itself. However, the concept of warehousing gained new meaning as a result of the industrial revolution.
An increase in manufacturing meant that there was an increase in the demand for raw materials and an increase in the production of different goods. Today, Warehousing is a specialized activity. The function of the warehouse has moved from being a simple storage facility to fulfilling other functions such as receiving goods and managing inventory, as a display for commercial buyers, packaging orders, order confirmation and labeling and dispatching them.
Warehousing for large and small corporations can have a negative impact on operations if best practices are not employed to handle the different functions that define the activity. Autonomous Mobile Robots (AMR) provide the best and cost-effective solutions for companies seeking to eliminate market inefficiencies.
Built with the latest technologies in terms of software and sustainable materials for the hardware, these robots can perform most if not all of the warehousing tasks such as picking and packing, transportation, and inventory management. The inbuilt software allows the robots to use sensors, cameras, and other technology to navigate and perform tasks within a warehouse.
The key industries that are driving the demand for AMRs are e-commerce, manufacturing, logistics and warehousing. It is a move towards increasing customer satisfaction and experience. The faster the customer receives their shipment in the condition ordered, the higher their level of satisfaction.
This move has also led to an increase in the number of technology companies seeking a share of this lucrative market. With an emphasis on aesthetics and functionality, these companies have developed and produced AMRs for every aspect of warehousing and the application of AI is now the leading feature of differentiation.
Report Highlights
- The AMR market in warehousing is a rapidly growing industry, driven by the increasing demand for automation in warehouse operations and the need for cost-effective and efficient solutions.
- North America continues to dominate the market and show strong growth, driven by the increasing adoption of AMR technology in the retail and e-commerce industries
- ASEAN is expected to be a key growth market, owing to the boom in the manufacturing and logistics industries and the thrive to adopt of robotics automation to match the GDP growth of around 5%
- Germany is early adopter of AMR technology and hence is leading in European market capturing significant market share, few of the attractive markets in Europe are UK, Sweden, and France.
- The AMR market in warehousing is highly fragmented, with several stakeholders operating in the market including OEMs, technology players, software and AI companies, mapping and localization providers, system integrators, and service providers
- The major factors driving the AMR market in warehousing include the increasing adoption of automation in warehouse operations, the need for cost-effective and efficient solutions, and the growing demand for e-commerce and online retail
- The increasing adoption of Industry 4.0, the trend towards the smart factory and the growing trend of connected logistics are also propelling the growth of the market
- The high cost of AMR solutions and the lack of standardization in the market are some of the major challenges for growth of AMRs in warehousing
Some of the critical analysis covered in the report are as follows:
- Analysis of 60+ OEM brands both leading and emerging players across warehousing robotics ecosystem.
- Analyzing the penetration of AMRs in restrictive environment like warehouses and growth potential.
- Analysis of various business models including direct OEM sales, System Integration, and Robot-as-a Service (Raas)
- Analyzing the current status of automation in warehouse industry, and identifying potential future demand for AMRs till 2030
- Analyzing the market penetration of each type robots used in warehouses such as inventory transportation robots, picking robots, sorting robots, collaborative robots, and drones
- Identifying OEM strategies and regional market potential for ARMs
- Analyzing investment/funding analysis of start-ups and technology providers
Companies Mentioned
- 6 River Systems - 6RS (Acquired by Shopify)
- BALYO
- Bionic HIVE
- Beum, Inc.
- Bluebotics
- Brain Corporation
- CAJA Robotics
- CPM - Durr Group
- EiraTech Robotics
- EK Automation (Ek Robotics)
- Eurotec (Lowpad)
- Fetch Robotics (acquired by Zebra Technologies)
- Fixposition AG
- ForwardX Robotics
- FREEDOM ROBOTICS
- Geek+
- GIDEON Brothers
- GreyOrange
- Guidance Automation (Matthews International)
- Zhejiang Guozi Robotics Co., Ltd.
- HAI Robotics
- HikRobot (HikVision)
- IAM Robotics
- IDEALworks GmbH
- inVia Robotics
- Jaten Robot & Automation Co.,Ltd.
- John Bean Technologies (JBT Corporation)
- Locus Robotics
- Magazino GmbH
- MALU Innovation
- Matthews Automation Solutions (Matthews International)
- Mobile Industrial Robots - MiR (Acquired by Teradyne)
- MOV AI
- MOVEL AI
- Mushiny Intelligent Technology
- NeoBotix
- NextShift Robotics (acquired by Jasci Software)
- OCEANEERING
- Omron (Adept Technology)
- Oppent
- OTTO Motors (Clearpath Robotics)
- PAL Robotics
- Quicktron (Flashhold)
- ROBOMINDS
- ROMB Technologies
- Scallog
- SEEGRID
- Shanghai Seer Intelligent Technology Corporation (SEER)
- SLAMcore
- Syrius Robotics
- Tompkins Robotics
- Vecna Robotics
- Waypoint Robotics (Acquired by Locus Robotics)
- Wellwit Robotics
- Continental Mobile Robots
- Sherpa Mobile Robotics
- AgiloX GmbH
- Megvii
- Myrmex, Inc
- Kuka
- Milvus Robotics
- Robotnik
For more information about this report visit https://www.researchandmarkets.com/r/yz0k0g
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
