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MARKET OUTLOOK
Triton Market Research’s report on the Asia-Pacific autonomous mobile robots market infers that the market is probable to advance at a CAGR of 25.52% during the forecasted period 2021-2028. South Korea, India, Australia & New Zealand, ASEAN countries, China, Japan, and Rest of APAC outline the overall market in the given region.
In India, Peer Robotics developed a collaborative autonomous robot for warehouse automation and material handling in manufacturing facilities that help navigate environments. Named RM100, it is integrated with the patented force response-based system that identifies outward human force, using sensor fusion from various onboard sensors. Moreover, it plays a key role in decreasing human effort to offer initial position data to the robot. Additionally, domestic companies with a wide product portfolio help amplify the demand for autonomous mobile robots across industries. Thus, all these factors are supplementing the growth of the autonomous mobile robots market.
On the other hand, during COVID-19, the autonomous mobile robot by ROBOTIS became the first recipient of a regulatory sandbox in the robotics sector in South Korea. It is primarily employed for local food delivery services. Moreover, it navigates on sidewalks within certain districts across Seoul. Such autonomous mobile robots are developed for smart cities, integrated with artificial intelligence. Hence, the growing adoption of autonomous mobile robots for multiple applications drives the growth of the autonomous mobile robots market within South Korea.
COMPETITIVE OUTLOOK
The leading companies in the autonomous mobile robots market comprise Omron Corporation, Softbank Robotics, Cimcorp Oy, Kuka AG, The Aviation Industry Corporation of China, Mobile Industrial Robots APS, and Teradyne Inc.