Autonomous Mobile Robots for Logistics and Warehousing Market Segmentation by Type (Mobile Picking Robots, Forklifts, Autonomous Inventory Robots, and Aerial Inventory Robots); and by End User (Retail & eCommerce, Healthcare, Food & Beverages, Consumer Electronics, Automotive, and Others) – Global Demand Analysis & Opportunity Outlook 2031
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In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022. Purchasing power in the country is expected to fell nearly by 2.5%.
On the other hand, European countries to see the worst coming in the form of energy crisis especially in upcoming winters!! Right after COVID-19, inflation has started gripping the economies across the globe. Higher than anticipated inflation, especially in western world had raised concerns for national banks and financial institutions to control the economic loss and safeguard the interest of the businesses. Increased interest rates, strong USD inflated oil prices, looming prices for gas and energy resources due to Ukraine-Russia conflict, China economic slowdown (~4% in 2022) disrupting the production and global supply chain and other factors would impact each industry negatively.
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.
Ans: The major factors driving market growth owing to the increasing demand for supply chain management, and rising expansion of retail businesses by companies worldwide.
Ans: The market is anticipated to attain a robust CAGR over the forecast period, i.e., 2022-2031.
Ans: The major players in the market are Kuka AG, Teradyne, Inc., Clearpath Robotics, Inc., Grey Orange Pte. Ltd., Swisslog Holding AG, and others.
Ans: The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.
Ans: The market is segmented by type, end user, and by region.
Ans: The retail & eCommerce segment is anticipated to hold largest market size and is estimated grow at a significant CAGR over the forecast period and display lucrative growth opportunities.
Ans: Concerns associated with cybersecurity are estimated to hamper the market growth.
Ans: Asia Pacific will provide more business opportunities for market growth owing to the increasing investments in warehousing and logistics in the region.
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