autonomous mobile manipulator robots Market

The autonomous mobile manipulator robots market was valued at US$ 335.08 million in 2022 and is expected to reach US$ 2,099.63 million by 2030; it is estimated to record a CAGR of 22.3% during the period 2022-2030.

Autonomous mobile manipulator robots (AMMR) are robots with a robot arm mounted on them. AMMRs are advanced and intelligent autonomous mobile manipulator robots (AMR) or collaborative robots (cobots). It is widely used to pick and move items on a mobile platform. These robots are widely used in the logistics, retail, healthcare, automobile, and aerospace sectors to recognize, pick-and-place, assemble, pack, and sort objects and perform other associated tasks without human intervention. These robots are adopted to maximize the efficiency of workflow operation, minimize errors, and increase productivity output.

There is a rise in factory automation that enhances the productivity and quality of the product while decreasing the overall production cost, which is contributing to the adoption of AMMR. It provides qualitative manufacturing and guarantees consistent, superior-quality results. This is creating a huge demand for AMMR in various industries, such as automotive and manufacturing. Moreover, it fulfills the need for mass production in industries and offers several benefits, such as improved quality, minimal human intervention, and reduced labor expenses. A few of the leading factors boosting the growth of the autonomous mobile manipulator robots market are the rising e-commerce industry and increasing demand for automation solutions. Further, the increasing demand for AMMR in industry-specific applications and the expansion is expected to provide significant growth opportunities to the autonomous mobile manipulator robots market in the coming years.

The global autonomous mobile manipulator robots market is segmented into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America. Asia Pacific held the largest market share in 2022, followed by Europe and North America. In Asia Pacific, government initiatives and policies supporting the automation of manufacturing plants are the significant factors boosting the adoption of AMMR. For instance, under "Made in China 2025," the government of China has released a five-year smart manufacturing development plan to build robots and upgrade their manufacturing plants. Also, the presence of several autonomous mobile manipulator robots market players such as Doosan Robotics, Adin Robotics, Korea Institute of Industrial Technology (KITECH), and OMRON leads to new product launches, partnerships, and other strategic initiatives to grow their revenue; this fuels the autonomous mobile manipulator robots market growth in the region.

A few of the recent developments and use cases of the autonomous mobile manipulator robots market are mentioned below.

- In August 2022, NFI, a leading supply chain solutions provider, announced had signed a $10 million agreement to deploy Boston Dynamics' newest robot, Stretch, across its US warehousing operations. The mobile robot will begin unloading trucks and containers as a pilot program at NFI's Savannah, GA facility in 2023, with plans to outfit additional warehouse locations across North America over the next few years.

- In March 2022, Boston Dynamics announced the launch of Stretch, its newest robot designed specifically for warehouses and distribution centers for commercial purchase..

Therefore, the growing adoption of AMMR is expected to provide lucrative growth opportunities to the autonomous mobile manipulator robots market in the near future.

Key Findings of Autonomous Mobile Manipulator Robots Market Analysis Study:

OMRON Corp, Robotnik Automation SL, Neobotix GmbH, AgileX Robotics(Shenzhen) Ltd, Kuka AG, Hans Laser Technology Co Ltd, PAL Robotics SL, Enabled Robotics ApS, JAG Jakob AG, and Boston Dynamics Inc. are among the key players in the autonomous mobile manipulator robots market that were profiled in this market study. In addition to these players, other leading global and regional players, emerging companies, and niche market players were studied and analyzed during the study.