Autonomous Mobile Robots Market Size Worth $8.70 Billion, Worldwide,…

Autonomous Mobile Robots Market Size Worth $8.70 Billion, Worldwide,…

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PUNE, India, December 05, 2022 (GLOBE NEWSWIRE) — The global Autonomous mobile robot market size is expected to grow from US$1.97 billion in 2021 to US$8.70 billion by 2028, at a CAGR of 23.7% over the forecast period of 2021-2028. This information is provided by Fortune Business Insights in its report titled Autonomous Mobile Robots Market, 2021-2028.

According to our analysts, the emergence of sophisticated technologies in robotic systems, rising reliability of automation solutions to manage supply chain ecosystem, novel security procedures and growing e-commerce industry are the key aspects driving the global market growth.

Request a sample copy of the research report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/autonomous-mobile-robots-market-105055

Report Highlights:

report coverage details
forecast period 2021-2028
Forecast period 2021 to 2028 CAGR 23.7%
Value prognosis 2028 $8.70 billion
base year 2020
Market size in 2020 $1.67 billion
Historical data for 2017-2019
number of pages 140
segments covered By type, application, end user and region
growth accelerator

Expanding the e-commerce industry to support market growth
Europe will dominate market share, led by supportive government initiatives

Effects of COVID-19:

COVID-19 Pandemic Creates Business Opportunities for Autonomous Robot Vendors

The COVID-19 pandemic had a negative impact on the manufacturing sector. Elements such as social distancing norms, quarantines and lockdowns have encouraged robotics, primarily in conducting ground operations. Numerous players are also focusing on supporting their robotic systems by offering them as rental services. This should allow warehouses and distribution owners to further simplify the workflow in the pandemic situation.

To learn more about the short- and long-term impact of COVID-19 on this market, please visit:

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