Autonomous Mobile Robots Market Outlook By Share, Demand Status Of Type, Applications And Future Forecast


Posted September 17, 2020 by devanshuraizada

In the future years, the autonomous mobile robots market will exhibit rapid advancement in the Asia-Pacific (APAC) region, according to the estimates of P&S Intelligence, a market research company based in India.
 
Apart from the robotic systems, the demand for robotic service and software is also increasing exponentially around the world. Among them, the requirement for robotic services, which includes the deployment/integration of robotic systems, consulting services, and the sales of various aftermarket components, was found to be very high in the past. Many firms such as Fetch Robotics Inc., OMRON Corporation, and KUKA AG are offering RaaS (robot-as-a-service) ownership model to various end-use industries including manufacturing and logistics industries. This subscription service drastically reduces the TCO (total cost of ownership) of logistics and manufacturing companies.

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The major end-users of autonomous mobile robots are retail, hospitality, aerospace and defense, healthcare, logistics, residential, manufacturing, agriculture, and mining and minerals industries. Out of these, the utilization of these robots is predicted to rise rapidly in the hospitality industry in the future years. This is because these robots offer greater operational efficiency and an enhanced customer experience. In addition to this, these robots streamline housekeeping operations and food deliveries to public areas and rooms.

In the future years, the autonomous mobile robots market will exhibit rapid advancement in the Asia-Pacific (APAC) region, according to the estimates of P&S Intelligence, a market research company based in India. This is attributed to the thriving e-commerce industry in several APAC nations such as South Korea, Japan, China, and India. Moreover, the expansion of the e-commerce industry is making the supply chain network more sophisticated and complex, which is, in turn, boosting the demand for autonomous mobile robots as these robots play a major role in streamlining the supply chain operation.

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Thus, it can be safely concluded that the requirement for autonomous mobile robots will shoot-up across the world in the forthcoming years, mainly because of their ballooning requirement in the e-commerce industry. Additionally, the mushrooming need for streamlined operations in various other industries such as the hospitality industry will cause a steep rise in the sales of autonomous mobile robots in the upcoming years.
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Issued By Devanshu
Country United States
Categories Business
Last Updated September 17, 2020