The global autonomous mobile robots market size is valued at USD 3.96 billion in 2024 and is expected to reach around USD 29.66 billion by 2034 with a CAGR of 22.30%.
Autonomous Mobile Robots Market Key Insights
- Europe region holds the highest revenue share at approximately 31%.
- Hardware segment dominates by component with around 68.40% revenue share.
- Goods-to-person picking robots account for over 50% of the revenue share by type.
- Lead battery segment captures more than 50% of the revenue share by battery type.
- Manufacturing sector leads by end use with about 77% revenue share.
Role of AI in the Autonomous Mobile Robots (AMR) Market
Artificial Intelligence plays a crucial role in enhancing the functionality and efficiency of Autonomous Mobile Robots (AMRs). Through AI-powered navigation, AMRs can autonomously plan optimal paths, avoid obstacles, and adapt to dynamic environments in real time. AI also enables advanced perception capabilities, allowing robots to recognize objects, track movement, and localize themselves using simultaneous localization and mapping (SLAM) techniques.
In addition, AI supports intelligent decision-making and task automation, helping AMRs learn from data and improve performance over time. It facilitates predictive maintenance, energy optimization, and seamless coordination among multiple robots, boosting overall operational efficiency. AI also enables safe human-robot collaboration, making AMRs more effective in industries like manufacturing, logistics, and warehousing.
What are Autonomous Mobile Robots (AMRs)?
Autonomous Mobile Robots (AMRs) are intelligent robots designed to transport materials or perform tasks without direct human supervision. Unlike traditional automated guided vehicles (AGVs), AMRs use a combination of sensors, cameras, and onboard processors to understand their environment, navigate dynamically, and make decisions in real time. They are capable of rerouting themselves if they encounter obstacles and can adapt to changes in their surroundings without needing physical guides like magnetic strips or tracks.
AMRs are widely used across industries such as manufacturing, logistics, retail, and healthcare for tasks like goods transportation, inventory handling, and order picking. Their ability to operate safely alongside human workers, optimize workflows, and improve productivity makes them a key component of smart automation and Industry 4.0 initiatives.
Regional Outlook of the Autonomous Mobile Robots Market
Europe
- Market Size and Growth: Europe held a dominant position in the market with a share of approximately 31. The regional market size is projected to grow from USD 1.23 billion in 2024 to USD 9.34 billion by 2034, with a CAGR of 22.52% during the forecast period.
- Key Drivers:
- High demand for material-handling tools in manufacturing.
- Automation across various industry verticals, including automotive and aerospace.
- Challenges: Despite its leadership position, Europe faces challenges such as high implementation costs and slower adoption rates compared to emerging economies.
Asia Pacific
- Market Growth: Asia Pacific is expected to experience significant growth during the forecast period, driven by the rapid expansion of e-commerce and increased adoption of AMRs for warehouse inventory management.
- Key Drivers:
- Competitive e-commerce landscape encouraging faster delivery times.
- Rising investments in robotics startups, which are modernizing fleets and enhancing global competition.
- Opportunities:
- Automation of intra-logistics processes like sorting, picking, and palletizing.
North America
While specific data for North America was not highlighted, the region remains a key player due to its advanced technological infrastructure and strong presence of robotics manufacturers. Adoption is likely fuelled by industries such as automotive, aerospace, and defence.
Autonomous Mobile Robots Market Companies
- Material Handling Systems. (U.S.)
- Fetch Robotics, Inc. (U. S.)
- IAM Robotics (U. S.)
- NextShift Robotics (U.S.)
- Stanley Robotics (U.S.)
- Robotnik. (Spain)
- SESTO Robotics. (Singapore)
- HAHN Robotics GmbH (Germany)
- Vecna Robotics (U.K.)
- AutoGuide Mobile Robots (England)
- SoftBank Robotics (France)
Recent Developments
- To expand its current product range and better meet the demands of its clients, Mobile Industrial Robots (MiR) released two autonomous mobile robots (AMRs) with the names MiR600 and MiR1350 in August 2020. The new mobile autonomous robots have a larger cargo capacity. The company aims to develop its business in the North American market with this launch.
- The ASTI Mobile Robotics Group (ASTI), a producer of autonomous mobile robots (AMR), was bought by ABB in June 2021. ABB will be able to increase its selection of automation and robotics thanks to the purchase. The full range for the upcoming generation of flexible automation will now be offered by ABB.
Source: https://www.precedenceresearch.com/autonomous-mobile-robots-market
