Autonomous Mobile Robots for Logistics and Warehousing Market size was valued at USD 2.81 billion in 2023 and is poised to cross USD 39.31 billion by 2036, expanding at more than 22.5% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of autonomous mobile robots for logistics and warehousing is estimated at USD 3.32 billion. The growth of the market can be attributed to the increasing demand for supply chain management, and rising expansion of retail businesses by companies worldwide. Along with these, rapidly growing e-commerce industry across the globe, and escalating adoption of automation in logistics and warehouse operations are also expected to drive market growth in the upcoming years. In 2021, more than 8% increase in forklift workflow was observed across the globe. Also, it is evaluated that about 5 million commercial warehouse robots are to be installed in over 45,000 warehouses by the end of 2025. Furthermore, integration of industry 4.0 with warehouse robots is projected to offer lucrative opportunities to the market in the near future.
Growth Drivers
Challenges
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Base Year |
2023 |
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Forecast Year |
2024-2036 |
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CAGR |
22.5% |
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Base Year Market Size (2023) |
USD 2.81 billion |
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Forecast Year Market Size (2036) |
USD 39.31 billion |
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Regional Scope |
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The market is segmented by end user into retail & eCommerce, healthcare, food & beverages, consumer electronics, automotive, and others, out of which, the retail & eCommerce segment is anticipated to hold the largest share in the global autonomous mobile robots for logistics and warehousing market. This can be accounted to the rapid expansion of eCommerce industry in the world, which is raising the demand for the deployment of logistics and warehouse automation technologies. Apart from this, increasing number of online orders placed globally is also predicted to boost the growth of the market segment in the future. Additionally, on the basis of type, the mobile piking robots segment is assessed to acquire the largest share ascribing to the ability of these robots to easily move between facilities, and offer high safety.
Our in-depth analysis of the global market includes the following segments
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By Type |
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By End User |
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APAC Market Statistics
Regionally, the global autonomous mobile robots for logistics and warehousing market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and the Middle East & Africa region. The market in Asia Pacific is estimated to grab the largest share and witness noteworthy growth over the forecast period on the back of the increasing investments in warehousing and logistics in the region. In addition, growing deployment of autonomous mobile robots to fulfil the demand for labor shortage is also expected to drive market growth in the region in the coming years. Moreover, the market in North America is also projected to occupy notable share during the forecast period ascribing to the high growth of eCommerce industry, and strong presence of robot manufacturers in the region. The total eCommerce sales in the United States reached a value of about USD 755 billion in 2020, up from about USD 570 billion in the year 2019.
April 2021- Kuka signed a major contract with Daimler automotive group that involve the production of at least 1000 robots. With this deal, the company will be continuing a ‘100-year’ partnership.
July 2020- OMRON launched HD-1500 mobile robot that has a payload capacity of 1500 kg, and is the strongest and newest addition to the company's series of mobile robots.
Author Credits: Abhishek Verma
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