Autonomous Mobile Robots Market Soars Amidst Industry Shift Towards Automation The Market To Reach From 8 Billion In 2022 To 23 Billion By 2028 Arizton

Autonomous Mobile Robot Market to Reach $969 Billion by 2028

Market to Grow at a CAGR of 18.15%

Goods-to-Person Picking Robots to Drive Growth

The global autonomous mobile robot (AMR) market is projected to reach $969 billion by 2028, growing at a compound annual growth rate (CAGR) of 18.15%, according to a new report from Arizton. The growth of the AMR market is attributed to the increasing adoption of AMRs in various industries, including manufacturing, logistics, and healthcare.

Goods-to-person (GTP) picking robots are expected to be a major driver of growth in the AMR market. GTP robots are used to automate the process of retrieving products from shelves and delivering them to workers, which can improve productivity and reduce labor costs. Other factors driving the growth of the AMR market include the increasing demand for automation, the need for flexibility and scalability in manufacturing and logistics operations, and the declining cost of AMRs.

The report also provides an analysis of the key trends and challenges in the AMR market. Some of the key trends include the increasing adoption of cloud-based AMR solutions, the development of new AMR technologies, and the growing use of AMRs in collaborative applications.