The market for autonomous mobile robots for logistics and warehousing is predicted to grow at a CAGR of 22.7% over the course of the forecast period and will account for US$ 8.7 billion in market share in 2028, up from US$ 2.42 billion in 2022. The logistics and warehousing scene has been significantly altered by the introduction of autonomous mobile robots (AMRs). To automate the material handling procedures, the merchants are integrating these AMRs into their conventional warehousing software. Due to the fact that they automate material handling with zero-defect manufacturing, greatly cut down on internal transit time, improve safety, and lower overall labour costs, AMRs are cost-effective.
| Attributes | Details |
| Autonomous Mobile Robots for Logistics and Warehousing Market (CAGR) | 22.7 % |
| Autonomous Mobile Robots for Logistics and Warehousing Market (2021) | USD 1.97 billion |
| Autonomous Mobile Robots for Logistics and Warehousing Market (2032) | USD ~17 billion |
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Autonomous Mobile Robots for Logistics and Warehousing Market – Novel Developments
Key players in the Autonomous Mobile Robots for Logistics and Warehousing market are focusing on strategic collaboration and partnerships with major retailers as well as product innovations and developments for sustained business growth.
- In 2019, inVia Robotics, a leading next generation warehouse automation solutions provider, collaborated with Tobi, an international fashion online retailer, to deploy its inVia Picker autonomous mobile robot for automating the material handling within Tobi’s warehouses.
- In 2019, Locus Robotics partnered with RightHand Robotics to provide cross-platform robotics solutions for logistics and warehouse automation for high-volume order fulfilment.
- In 2019, Prime Robotics, a leading manufacturer of innovative warehouse robots (AMR), collaborated with Fordist Group, leading third-party logistics provider in Europe, to deploy its Mobile Shelf logistics robot system to provide scalability to the warehouse operations with improved efficiency.
- In 2018, Fetch Robotics, a leading developer and manufacturer of AMRs partnered with Honeywell to deploy autonomous mobile robots into their warehousing operations to fulfill the growing volumes of eCommerce orders with high efficiency and productivity.
Autonomous Mobile Robots for Logistics and Warehousing Market- Dynamics
Autonomous Mobile Robots for Logistics and Warehousing Market- Asia Pacific Market Growth
Asia Pacific is estimated to be a very highly lucrative region in the Autonomous Mobile Robots for Logistics and Warehousing Market. The market for logistics and eCommerce is growing at a lightening pace within the Asia Pacific countries such as China, India and South-East Asia. This significant growth demand for huge investment into warehouse automation via deployment of autonomous mobile robots to fulfil the demand for labor shortage and to improve material handling operations to drive scalability, reliability and efficiency.
In growing economies like India, the warehousing and logistics market is booming at an unprecedented rate, and is estimated to attract nearly $10 billion investments in the next 5 years. To address this huge investment and supply chain demand, the logistics and warehouse operations are shifting from manual to automated operations through deployment of autonomous mobile robots for effective material handling.
Autonomous Mobile Robots for Logistics and Warehousing Market – Increasing Demand for Logistics & Warehouse Automation
A few years ago, the logistics and warehouse operations and processes were carried out manually, employing thousands of workers for material handling and carrying out in-house logistics operations. As the supply-chain industry flourished globally in past few years, there has been a huge demand for warehouse automation for material handling operations to improve order fulfillment and in-house distribution of goods with the ultimate goal to reduce the labor costs.
The adoption of autonomous mobile robots for logistics and warehousing industry has solved many problems posed by the booming supply-chain demands. The AMRs are collaborating with warehouse operations for automated inventory handling and movement, tracking and locating materials within the warehouse facilities, freeing the human workforce from such time consuming processes and thus improving the material handling efficiency within the warehouses.
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Autonomous Mobile Robots for Logistics and Warehousing Market – Rapid Growth in the eCommerce Industry Globally
The eCommerce Industry worldwide is growing at a very fast pace. The global eCommerce sales was valued at $2.4 trillion in 2017 and is estimated to be nearly $3.0 trillion by 2018, with US and Chine dominating the global eCommerce industry. Due to this ever-growing eCommerce trend, the retailers are facing challenges such as shortage of labor for warehouse management, complicated order fulfillment processes and more. To overcome this supply-demand challenges, logistics and warehouse automation technologies such as Autonomous Mobile Robots have made tremendous developments in recent years.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain of the Autonomous Mobile Robots for Logistics and Warehousing market. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with Autonomous Mobile Robots for Logistics and Warehousing market attractiveness as per segments. The report also maps the qualitative impact of various factors on Autonomous Mobile Robots for Logistics and Warehousing market segments and geographies.
By Type, the Autonomous Mobile Robots for Logistics and Warehousing market is segmented into-
- Autonomous Mobile Picking Robots
- Automated Forklifts
- Autonomous Inventory Robots
- Aerial Inventory Robots
By Applications, the Autonomous Mobile Robots for Logistics and Warehousing market is segmented into–
- Retail & eCommerce
- Healthcare & Pharmaceuticals
- Food & Beverages
- Consumer Electronics
- Automotive
- Others
Autonomous Mobile Robots for Logistics and Warehousing Market- Report Highlights:
- A detailed overview of parent market of Autonomous Mobile Robots for Logistics and Warehousing market
- Changing Autonomous Mobile Robots for Logistics and Warehousing market dynamics in the industry
- In-depth segmentation of the Autonomous Mobile Robots for Logistics and Warehousing market
- Historical, current, and projected Autonomous Mobile Robots for Logistics and Warehousing market size by value
- Recent industry trends and developments in Autonomous Mobile Robots for Logistics and Warehousing market
- Competitive landscape of the Autonomous Mobile Robots for Logistics and Warehousing market
- Strategies for key players in Autonomous Mobile Robots for Logistics and Warehousing market and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
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