Autonomous Mobile Robot Market Size Worth USD 12,359.1 Million by 2032 | CAGR: 15.6%

Autonomous Mobile Robot Market Size Worth USD 12,359.1 Million by 2032 | CAGR: 15.6%


The global autonomous mobile robots market size is expected to reach USD 12,359.1 Million by 2032, according to a new study by Polaris Market Research. The report Global Autonomous Mobile Robots Market Size, Share, Trends, Industry Analysis Report: Information By Component (Hardware, Software, Services), By Type, By Battery Type, By Application, By Payload Capacity, By End Use, and By Region (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2024 - 2032 gives a detailed insight into current market dynamics and provides analysis on future market growth.

The autonomous mobile robots market is experiencing growth due to increased corporate investment in expanding robotics offerings globally. Companies are focusing on advancing autonomous mobile robot capabilities through substantial funding for design, development, and expansion. The allocation of funds contributes to the expansion of the global delivery partner network and the acceleration of product roadmap development tailored for industrial clients, with a specific emphasis on advancing autonomous technology. Thus, the increasing corporate investment in expanding robotics offerings is a key driver of the autonomous mobile robots market.

Furthermore, government initiatives to implement Industry 4.0 manufacturing technologies are significantly fueling the sales of the autonomous mobile robots market. The initiatives include policies, subsidies, and funding aimed at encouraging the adoption of advanced technologies such as the Internet of Things (IoT), artificial intelligence (AI), and robotics within the manufacturing sector. Governments are assisting manufacturers to enhance their operational efficiency, productivity, and competitiveness by promoting the integration of previously mentioned technologies. This governmental support accelerates the deployment of autonomous mobile robots, thereby contributing to the growth of the market.

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In the autonomous mobile robots market, significant investments are being made in research and development to bring forward innovative and efficient robots for global deployment. For instance, in February 2024, OMRON Automation Americas introduced the MD Series of autonomous mobile robots, expanding its existing range and catering to a wide array of part and material transport applications. The continuous introduction of enhanced products sustains market competitiveness and incentivizes businesses to integrate autonomous mobile robots into their operations. Consequently, the market growth of autonomous mobile robots is being propelled by the launch of new robotics products with advanced features.

Autonomous Mobile Robots Market Report Highlights

  • The assembly segment held the highest revenue share in the autonomous mobile robots market due to its increasing adoption by diverse industries, including pharmaceuticals, automotive, and FMCG.
  • The wholesale and distribution segment within the autonomous mobile robots market is expected to grow with a significant CAGR due to its expanding utilization in warehouse and logistics operations.
  • The North American autonomous mobile robots market dominated the global market in terms of revenue due to the region's healthcare sector and the introduction of healthcare-focused robots by automation firms.
  • The global key market players are ABB, BALYO, Bastian Solutions, LLC, Boston Dynamics, Clearpath Robotics, Inc. (Rockwell Automation Company), Crown Equipment Corporation, Daifuku Co., Ltd., GreyOrange, Harvest Automation, Hyster-Yale Materials Handling, Inc., inVia Robotics, Inc., JBT, Jungheinrich AG, Karter, KUKA AG, LexxPluss, MITSUBISHI LOGISNEXT CO., LTD., Mobile Industrial Robots, Omron Corporation, Onward Robotics, Richtech Robotics, Toyota Material Handling, WEG, and Zhejiang Guozi Robotics Co., Ltd.

Polaris Market Research has segmented the Autonomous Mobile Robots Market report based on component, type, battery type, application, payload capacity, end-use, and region:

Autonomous Mobile Robots Component Outlook (Revenue - USD Million, 2019 - 2032)

  • Hardware
  • Software
  • Services

Autonomous Mobile Robots Type Outlook (Revenue - USD Million, 2019 - 2032)

  • Autonomous Inventory Robots
  • Goods-To-Person Picking Robots
  • Self-Driving Forklifts
  • Unmanned Aerial Vehicles

Autonomous Mobile Robots, Battery Type Outlook (Revenue - USD Million, 2019 - 2032)

  • Lead Battery
  • Lithium-Ion Battery
  • Nickel-based Battery
  • Others

Autonomous Mobile Robots, Application Outlook (Revenue - USD Million, 2019 - 2032)

  • Assembly
  • Inventory Management
  • Sorting
  • Transportation
  • Others

Autonomous Mobile Robots, Payload Capacity Outlook (Revenue - USD Million, 2019 - 2032)

  • Below 100 kg
  • 100 kg - 500 kg
  • More than 500 kg

Autonomous Mobile Robots, End Use Outlook (Revenue - USD Million, 2019 - 2032)

  • Manufacturing
  • Aerospace
  • Automotive
  • Chemical
  • Defense
  • Electronics
  • FMCG
  • Healthcare
  • Plastics
  • Others
  • Wholesale & Distribution
  • E-commerce
  • Retail Chains/Conveyance Stores
  • Others

Autonomous Mobile Robots, Regional Outlook (Revenue - USD Million, 2019 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Australia
  • Rest of APAC
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa
  • Rest of MEA

Autonomous Mobile Robots Report Scope:

Report Attributes

Details

Market Size Value in 2023

USD 3,370.0 million

Market Size Value in 2024

USD 3,881.3 million

Revenue Forecast in 2032

USD 12,359.1 million

CAGR

15.6% from 2024 – 2032

Base Year

2023

Historical Data

2019 – 2022

Forecast Period

2024 – 2032

Quantitative Units

Revenue in USD million and CAGR from 2024 to 2032

Report Coverage

Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends

Segments Covered

  • By Component
  • By Type
  • By Battery Type
  • By Application
  • By Payload Capacity
  • By End Use

Regional Scope

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Competitive Landscape

  • Autonomous Mobile Robots Market Share Analysis (2023)
  • Company Profiles/Industry participants profiling includes company overview, financial information, product/service benchmarking, and recent developments

Report Format

PDF + Excel

Customization

Report customization as per your requirements with respect to countries, regions, and segmentation.

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