The autonomous mobile robots (AMR) market is expected to exhibit a CAGR of 18.3% during the forecast period (2020–2030) due to the expansion of the e-commerce industry and surge in the demand for automation solutions. Due to these factors, the global market revenue will increase from $29.3 billion in 2019 to $220.6 billion in 2030. Additionally, the market is observing the rising popularity of mobile collaborative robots, which are essentially a collaborative robot manipulator that allow these robots to travel around the work floor autonomously.
The expansion of the e-commerce sector due to the increasing use of smartphones and growing penetration of the internet will escalate the adoption of AMRs across the world. With the growth in online sales, the establishment of e-commerce fulfillment centers and warehouses is in full swing. These facilities require AMRs for picking, sorting, and moving large amounts of stuff. Hence, to facilitate the delivery of shipments to brick-and-mortar stores and other conventional supply chains, fulfillment centers and warehouses are investing a considerable amount in these robots.
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Autonomous mobile robotic systems are widely deployed in the logistics, manufacturing, aerospace and defense, residential, healthcare, agriculture, mining and minerals, hospitality, and retail sectors. In the coming years, the hospitality sector is expected to use an umpteen number of these robots for enhanced operational efficiency and to offer a better customer experience. These robots will be largely used to streamline housekeeping operations, by automating food and luggage delivery to public areas and rooms within hotels.
These autonomous mobile robots market end-users employ robotic systems such as unmanned ground vehicles (UGV), humanoids, unmanned maritime vehicles (UMV), and unmanned aerial vehicles (UAV). Among the different types of systems, the demand for UMVs is set to escalate the most rapidly due to their growing application in the defense and commercial sectors. Additionally, the developments in the acoustic sensor technology have increased the efficiency of UMVs in underwater mapping and navigation. This is why Lockheed Martin Corporation, General Dynamics Corporation, and L3 ASV are witnessing a rising demand for military-grade UMVs.