< Key Hightlight >

MARKET OUTLOOK

According to a Triton Market Research’s report, the global autonomous mobile robots market is expected to register a CAGR of 24.34% during the estimated period of 2021-2028.

Factors such as growing need for better workplace safety and the emergence of industry 4.0 and smart factories motivate the market’s growth. The wide applications of autonomous mobile robots and development in IoT and robotics are another set of factors estimated to support the overall development of the autonomous mobile robots market. 

However, increased capital requirements and a lack of a skilled workforce impede the global market’s progress. 

REGIONAL OUTLOOK

The global autonomous mobile robots market covers North America, Asia-Pacific, Latin America, Europe, Middle East and Africa regions. 

Globally, Europe is expected to emerge as the fastest-growing region in the autonomous mobile robots market over the forecasted period. This is because several manufacturing industries would not be able to compete without robotics. In this regard, robotics is gaining momentum across smaller manufacturing industries vital for the region’s manufacturing capacity. Additionally, the country’s role in science supplements various domains, including robotics. This mainly relies on a broad spectrum of technologies. Hence, these developments are supporting the overall development of the autonomous mobile robots market. 

COMPETITIVE OUTLOOK

The distinguished companies profiled in the autonomous mobile robots market include The Hitech Robotic Systemz Ltd, Fetch Robotics Inc, Omron Corporation, Vecna Robotics, Softbank Robotics, Aethon Inc, Mobile Industrial Robots APS, General Atomics Aeronautical Systems Inc, Cimcorp Oy, Locus Robotics Inc, Kuka AG, Clearpath Robotics Inc, Teradyne Inc, SMP Robotics Systems Corp, and The Aviation Industry Corporation of China.

Omron Corporation is involved in offering automation components, equipment, and systems for industrial automation, healthcare, and other sectors. It offers various products, including sensors, relays, safety devices, automation systems, switches, control devices, tire pressure monitoring systems, power steering, integrated control units, road management systems, and a digital thermometer. Omron has a strong R&D segment, with headquarters in Kyoto, Japan.