Autonomous Mobile Robots Market Research Report: By Offering (Robotic System, Software, Service), End User (Logistics, Agriculture, Retail, Mining & Mineral, Manufacturing, Aerospace & Defense, Healthcare, Residential, Hospitality) - Global Industry Size, Share and Trends Analysis, Forecast to 2030

The autonomous mobile robots market value was $29.3 billion in 2019, and it is predicted to rise to $220.6 billion by 2030. Furthermore, the market is predicted to advance at a CAGR of 18.3% from 2020 to 2030. The burgeoning requirement for automation solutions and expansion of the e-commerce industry are the main factors fueling the advance of the market.

Factors Driving Autonomous Mobile Robots Market Growth

The boom in the global e-commerce industry is one of the major factors fueling the expansion of the market for autonomous mobile robots. Because of the increasing penetration of the internet and growing usage of smartphones, the popularity of online shopping is rising sharply, which is, in turn, propelling the advance of the e-commerce industry. As per various reports, e-commerce sales grew by nearly 22% from 2017 to 2018. The boom in e-commerce sales, especially in India and China, is pushing up the requirement for greater efficiency in warehouses and fulfillment centers.

Several types of robots are required in e-commerce warehouses for attaining higher productivity and reducing the labor costs. Robots are majorly required in e-commerce warehouses and fulfillment centers for moving, sorting, picking, and various other applications. Moreover, robots are also being widely used for reducing the delivery time of products.

One of the key trends currently being witnessed in the autonomous mobile robots market is the increasing usage of mobile collaborative robots. Mobile collaborative robots consist of a collaborative robot manipulator, which is mounted on the robot. This manipulator allows the robot to autonomously move around the work floor in factories and warehouses. These robots massively reduce the downtime between different tasks, use lesser space than the conventional industrial robots, and provide a better performance than humans and other robots in material handling applications.

Segmentation Analysis of Autonomous Mobile Robots Market

The service category had the largest autonomous mobile robots industry share in 2019, under the offering segment. This category includes the revenue generated from the sale of various aftermarket parts and components, consulting services, and the deployment/integration of these robots. Organizations such as Fetch Robotics Inc., OMRON Corporation, and KUKA AG are offering the robot-as-a-service (RaaS) ownership model. This subscription model leads to a huge reduction in the total cost of ownership (TCO) of these robots, which is why it is becoming popular, predominantly in the manufacturing and logistics sectors.

The unmanned maritime vehicle (UMV) category is predicted to demonstrate the fastest growth in the future, under the robotic system classification of the offering segment. This is ascribed to the surging usage of UMVs for commercial and defense applications. Autonomous mobile robots market players, such as Lockheed Martin Corporation, L3 ASV, and General Dynamics Corporation are building-military grade UMVs. Additionally, due to the rapid advancements being made in the acoustic sensor technology, the efficiency for underwater navigation and mapping is increasing sharply.

The logistics end user category dominated the market for autonomous mobile robots in 2019, primarily because of the large-scale usage of autonomous mobile robots for transporting goods and materials within storage facilities and warehouses and facilitating real-time inventory management. This is, in turn, reducing the overall logistics costs and resulting in the streamlining of the supply chain. Due to all these benefits, as per the International Federation of Robotics (IFR), more than 5 million autonomous mobile robots are predicted to be under operation in nearly 60,000 warehouses by 2025.

Global Scenario of Autonomous Mobile Robots Market

Asia-Pacific (APAC) dominated the industry historically, primarily because of the high sales of these robots in South Korea, Japan, and China. Moreover, the market is predicted to demonstrate the fastest growth in this region in the forthcoming years. This is ascribed to the expansion of the e-commerce industry and the subsequent surge in the requirement for a streamlined supply chain. These robots are increasingly being used in warehouses for simplifying product delivery and storage processes.

Europe was the second-largest autonomous mobile robots market during the last few years. In this region, Germany generated the highest market revenue in 2019, and the industry is predicted to exhibit rapid advance in the country in the future years. This is ascribed to the high economic and social stability of Germany. As per World Bank, Germany recorded a gross domestic product (GDP) growth of nearly 1.5% in 2018. This indicates that the country had stable economic conditions for customers and retailers.

Recent Strategic Developments of Major Market Players

Major players of the autonomous mobile robots market, including KUKA AG, Omron Corporation, Teradyne Inc., Clearpath Robotics Inc. and Fetch Robotics Inc, are focusing on product launches and partnerships. For instance, in January 2019, Fetch Robotics Inc. partnered with Ryder System Inc., a supply chain solutions provider for deploying AMRs, for material handling and data collection workflows operations in the U.S. With this partnership, the company aims to offer AMR solutions to serve both Ryder System Inc.’s customers and warehouse employees; thereby making logistics and supply chain more efficient and safer.

Autonomous Mobile Robots Market Size Breakdown by Segment

The autonomous mobile robots market report offers comprehensive market segmentation analysis along with market estimation for the period 2014–2030.

Based on Offering

• Robotic System
  • Unmanned ground vehicle (UGV)
  • Unmanned aerial vehicle (UAV)
  • Unmanned maritime vehicle (UMV)
  • Humanoid
• Software
• Service  

Based on End User

• Logistics
• Agriculture
• Retail
• Mining & Mineral
• Manufacturing
• Aerospace & Defense
• Healthcare
• Residential
• Hospitality

Geographical Analysis

• North America
  • U.S.
  • Canada
• Europe
  • U.K.
  • France
  • Germany
  • Italy
  • Spain
  • Czech Republic
• Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Thailand
  • Indonesia
  • Singapore
• Latin America (LATAM)
  • Mexico
  • Brazil
• Middle East and Africa (MEA)
  • South Africa
  • Saudi Arabia
  • U.A.E.