August 28, 2023 09:21 ET | Source: The Insight Partners The Insight Partners
Pune, India, Aug. 28, 2023 (GLOBE NEWSWIRE) -- The adoption of AMMR is increasing owing to the rise in automation in the warehouse and manufacturing industries. Further, the rise in demand for chips in phones, vehicles, and robots is influencing autonomous mobile manipulator robots market players to automate the production process. These robots are widely used in the logistics, retail, healthcare, automobile, and aerospace sectors to recognize, pick and place, assemble, pack, and sort objects and perform other associated tasks without human intervention. A few of the leading factors boosting the growth of the autonomous mobile manipulator robots market are the rising e-commerce industry and increasing demand for automation solutions. The increasing demand for AMMR in industry-specific applications and the expansion is expected to provide significant growth opportunities to the autonomous mobile manipulator robots market in the coming years. Pneumatic Cutting Machine
Autonomous Mobile Manipulator Robots Market in terms of revenue was estimated to be worth $335.08 million in 2022 and is poised to reach $2,099.63 million by 2030, growing at a CAGR of 22.3% from 2022 to 2030 according to a new report published by The Insight Partners.
The e-commerce industry has experienced significant growth in recent years, with more and more businesses shifting their operations online, and also There is a growing demand for automated systems in various industries, including e-commerce, due to the increasing complexity of operations and the need for greater efficiency and accuracy.
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Browse Comprehensive TOC on "Autonomous Mobile Manipulator Robots Market to 2030 - COVID-19 Impact and Global Analysis by Type (Differential and Omnidirectional), Payload (3–5 Kg, 5–10 Kg, 10–20 Kg, and 20 Kg & Above), Application (Sorting, Pick & Place, Inventory Management, and Others), and End Use Industry (Healthcare, Space, Assembly, and Others)"
Global Autonomous Mobile Manipulator Robots Market Scope:
A few of the leading factors boosting the global autonomous mobile manipulator robots market growth are the rising e-commerce industry and increasing demand for automation solutions. Further, the increasing demand for AMMR in industry-specific applications and the expansion are expected to provide significant growth opportunities to the autonomous mobile manipulator robots (AMMR) market in the coming years.
The global autonomous mobile manipulator robots market is segmented on the basis of type, payload, application, and end user. Based on type, the global autonomous mobile manipulator robots market is bifurcated into differential and omnidirectional. Based on payload, the global autonomous mobile manipulator robots market is segmented as 3–5 kg, 5–10 kg, 10–20 kg, and 20 kg and above. Further, based on application, the global autonomous mobile manipulator robots market is categorized into sorting, pick & place, inventory management, and others. Based on end user, the global autonomous mobile manipulator robots market is segmented into healthcare, space, assembly, and others. Based on geography, the global autonomous mobile manipulator robots market is categorized into North America, Asia Pacific, Europe, the Middle East & Africa, and South America.
Industry 4.0 is transforming the way companies manufacture, process, and distribute their products. They are incorporating new technologies such as the Internet of Things (IoT), robotics, analytics, AI, and machine learning into their facilities to boost operational and production efficiency. Factory automation plays a crucial role in automating the manufacturing process to increase the production output in minimal time and reduce labor costs. In addition, it helps to improve the quality of the products by minimizing the risk of human errors. These factors are leading to a rise in the adoption of factory automation in several industries such as healthcare, automotive, and aerospace. Thus, to cater to the growing demand for automation, the market players are launching new solutions. DIMOFAC, the first project that was an initiative to help factories implement a smart factory architecture in Europe, where the system can be used for the pick-and-place operation and other warehouse automation tasks. PeneloPe project was the second project in the region, where the mobile manipulator can be used for glue dispensing and quality inspection in the public transport domain. The third application of the system is for the ODIN project; it supports the management of mechanical parts in automotive applications. Therefore, the growing demand for automation in various industries is propelling the global autonomous mobile manipulator robots market growth.
The global autonomous mobile manipulator robots market is segmented into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America. Asia Pacific held the largest market share in 2022, followed by Europe and North America. In Asia Pacific, government initiatives and policies supporting the automation of manufacturing plants are the significant factors boosting the adoption of AMMR. For instance, under “Made in China 2025,” the government of China has released a five-year smart manufacturing development plan to build robots and upgrade their manufacturing plants. Also, the presence of several autonomous mobile manipulator robots market players such as Doosan Robotics, Adin Robotics, Korea Institute of Industrial Technology (KITECH), and OMRON leads to new product launches, partnerships, and other strategic initiatives to grow their revenue; these factors fuel the autonomous mobile manipulator robots market growth in Asia Pacific.
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Global Autonomous Mobile Manipulator Robots Market Analysis: Competitive Landscape and Key Developments OMRON Corp, Robotnik Automation SL, Neobotix GmbH, AgileX Robotics(Shenzhen) Ltd, Kuka AG, Hans Laser Technology Co Ltd, PAL Robotics SL, Enabled Robotics ApS, JAG Jakob AG, and Boston Dynamics Inc. are among the key players in the autonomous mobile manipulator robots market size that were profiled in this study. In addition to these players, other leading global and regional players, emerging companies, and niche market players were studied and analyzed during the study.
Autonomous Mobile Manipulator Robots Market - Key Industry Dynamics:
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