Autonomous Mobile Robot Market Analysis

Autonomous Mobile Robot Market Analysis

Autonomous mobile robot market value from the delivery & material handling robot segment will cross USD 4.5 billion by 2032, given the high investment in warehouse centers. For instance, in March 2023, Maersk established a warehouse in Chile and Peru to expand its business footprint in Latin America. Such initiatives will influence shipping companies to develop autonomous robots to navigate complex warehouse environments and efficiently transport goods. Furthermore, despite the economic slowdown, the COVID-19 pandemic has led to a surge in e-commerce, bolstering AMRs sales for delivery and material handling applications.
 

Based on the end-use, the autonomous mobile robot market size from the manufacturing segment reached over 15,000 units in 2022. The rising awareness about the effectiveness of autonomous robots in material handling, motoring, and inventory management is a key factor augmenting product demand in the manufacturing sector. These robots can also enhance manufacturing efficiency, improve worker safety, and curb costs, thus reducing time-consuming, repetitive, and dangerous tasks. Moreover, the manufacturing sector continues to bounce back from the COVID-19-induced crises, further amplifying product consumption over the estimated timeline.
 

North American autonomous mobile robot market size is set to surpass USD 2.5 billion by 2032, as a result of the introduction of innovative mobile robot models. For instance, in March 2022, Oceaneering International announced a complete revamp of its autonomous mobile robotics portfolio and the launch of three mobile robots in North America. Such initiatives, alongside the rapid implementation of advanced robots for logistics applications, will accelerate the production of AMRs for material handling and other uses in the region.