As per the report titled ‘GLOBAL AUTONOMOUS MOBILE ROBOTS MARKET 2021-2028’, available with MarketStudyReport, global autonomous mobile robots market is anticipated to register a year-over-year growth rate of 24.34% throughout the forecast period 2021-2028.
 

According to the findings of the research piece, emergence of industry 4.0 technologies and smart factories, and rising necessity for better workplace safety are the major factors promoting global autonomous mobile robots market growth.

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Rising awareness about AMR advantages, increasing usage of unmanned ground vehicles, and rising use of mobile robots for assisting the elderly Expanding applications of autonomous robots are further anticipated to infuse growth in the industry. Besides, expanding product applications and advancements in IoT are also further pushing the market forward. However, high capital requisites and dearth of skilled professionals are negatively impacting the business dynamics.

Based on type, the market is split into goods-to-person picking robots, autonomous inventory robots, self-driving forklifts, and unmanned aerial vehicles. In terms of application, the industry is split into electronics, automotive, FMCG, life sciences, logistics, healthcare, education, and others.

With respect to the geographical bifurcation, major areas defining global autonomous mobile robots industry size and scope are North America (United States, Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Russia), Asia Pacific (India, Japan, China, South Korea, Australia & New Zealand, ASEAN countries), Latin America (Mexico, Brazil), and Middle East & Africa (United Arab Emirates, Turkey, Saudi Arabia, South Africa).

Europe market is touted to progress rapidly during the forecast period, creditable to rising penetration of robotics in several small manufacturing industries, and the country’s prowess in science & technology.

Speaking of the competitive landscape, Hitech Robotic Systemz Ltd., Omron Corporation, Fetch Robotics Inc, Vecna Robotics, Aethon Inc, Softbank Robotics, Mobile Industrial Robots APS, Cimcorp Oy, General Atomics Aeronautical Systems Inc., Locus Robotics Inc, Clearpath Robotics Inc, Kuka AG, Teradyne Inc., The Aviation Industry Corporation of China, and SMP Robotics Systems Corp. are the major players influencing global autonomous mobile robots market trends.