< Key Hightlight >

MARKET OUTLOOK

Triton’s research report puts forth that the Latin America autonomous mobile robots market would progress with a CAGR of 24.75% over the forecasting years from 2021 to 2028. Brazil, Mexico, and Rest of Latin America together form the market in this region.

In September 2018, Mobile Industrial Robots (MiR), a globally leading supplier of autonomous robots, announced five new distributors in Mexico, Argentina, and the US, to help meet the ever-rising demand for its robots across the world. Of these, those in Latin America include i3 Mexico in Mexico’s Monterey, and Murten SLR and Macon, in Argentina’s Buenos Aires and Tierra del Feugo. These factors are helping the growth of the autonomous mobile robots market.

Additionally, the prevalence of companies such as Boreal Technologies is also aiding the growth of the market in the region. Boreal Technologies provides mobile solutions and automation to companies in Latin America, with direct offices in Buenos Aires, Argentina, and Santiago de Chile, Lima (Peru).

In March 2021, Accenture announced its plans to acquire Brazil-based industrial robotics & automation systems provider Pollux, as part of its strategy to strengthen its digital manufacturing operations and supply chain capabilities. Pollux designs, manufactures, and deploys fully functional assembly lines, including robots & other hardware, along with the software to control them. It also develops autonomous mobile robots, visual analytics inspection solutions, and robots-as-a-service for warehouses and shop floors to optimize the manufacturing & logistics processes. This is expected to bolster the AMR market’s growth in Brazil in the coming years.

COMPETITIVE OUTLOOK

The eminent names in the autonomous mobile robots market are Vecna Robotics, Locus Robotics Inc, General Atomics Aeronautical Systems Inc, SoftBank Robotics, The Hi Tech Robotic Systemz Ltd, Kuka AG, Aethon Inc, and Clearpath Robotics Inc.