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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