Global Autonomous Mobile Robot (AMR) Market Size is Expected to Grow to $6134.29 Million by 2028

Global Autonomous Mobile Robot (AMR) Market Overview

According to Global Market Monitor, the global market size was $3053.14 million in 2023 and is expected to grow to $6134.29 million by 2028.

An autonomous mobile robot (AMR) is a robot that performs an action or task with a high degree of autonomy. AMR senses the surrounding environment through LIDAR, cameras, and IMUs, and uses intelligent algorithms to analyze the perceived data to effectively understand the surrounding environment and choose the most effective way and path to perform the task.

High Technology Barrier

Autonomous mobile robot is a kind of high-tech industry. For autonomous mobile robots, most behavior-based implementation methods are manual programming for different tasks, which requires the programmer to fully consider a variety of possible scenarios and the interaction between the robot and its environment. Robotics is an integrated technology that includes algorithms, system software, mechanical hardware, and electronic circuits, each of which is critical. For autonomous mobile robots, navigation technology and information processing technology have an important impact on the performance of the product. Therefore, the production of autonomous mobile robots has the characteristics of capital-intensive, technology-intensive, and intelligent-intensive, which puts forward extremely high requirements for the company's financial strength, research and development investment, and technology accumulation. High technical barriers within the industry are one of the challenges facing market development.

Application of Automatic Mobile Robots in the Logistics Industry

Autonomous mobile robots are rapidly becoming an important part of the manufacturing, warehousing, and logistics industries due to their versatility and ease of integration into existing infrastructure. They can be used to perform heavy and light tasks, deliver items to employees, and conduct safety checks. Therefore, with the continuous expansion of the market size of the logistics industry and the application of technologies such as artificial intelligence in this field, the market demand for autonomous mobile robots will continue to increase. The application of autonomous mobile robots in the logistics industry is one of the important factors driving the development of the industry, and the largest segment of this market is logistics companies, with a market share of 40.84% in 2023.

By Type
LiDAR Based	LiDAR+Vision Based Segment accounted for the largest market share.
LiDAR+Vision Based
By Application
Logistics Company	The largest segment is logistics companies with a market share of 40.84% in 2023.
Manufacturing Industry
IT/ High Tech Companies
Banking, Financial Services and Insurance
Hospitals and Healthcare
Public Sector
other