LOS ANGELES, Jan. 30, 2019 (GLOBE NEWSWIRE) -- QY Research has come up with a latest research report on the global autonomous mobile robots market. The title “Global Autonomous Mobile Robots Market Professional Survey Report 2018” suggests the projection of the global market is expected to reach US$ 600 Mn by the end of 2025, from US$ 180 Mn in the year 2018, expanding at an exponential CAGR of 15.9% during the forecasted period, i.e. between 2019 and 2025.
The market has grown positively particularly after launching effective autonomous mobile robots that can adjust with its surroundings, including land, underground, water, and even air. The leading companies are focusing on manufacturing updated autonomous mobile robots which is expected to boost the market.
Global Autonomous Mobile Robots Market: Drivers
The autonomous mobile robots are manufactured in such way that it can give precise and accurate information about its surrounding. These robots can work for long hours without any kind of interventions. This is the prime factor which is creating positive impact on the global autonomous mobile robots market. There are special environmental sensors embedded in the autonomous mobile robots which boost their operational and functional ability and also reduce the chances of vulnerable to self-damage.
Another factors which are propelling the growth of the global market for autonomous mobile robots markets are their accurate sense of environment, self-maintenance and the special ability of autonomous navigation.
Global Autonomous Mobile Robots Market: Restraints
The most significant factor which is creating negative impact on the global autonomous mobile robots market is its heavy cost of manufacturing and maintenance. This is the precise reason, small and medium level companies are keeping themselves away from investing in the global market for autonomous mobile robots. Besides, absence of awareness about the latest technology used to manufacture autonomous mobile robots is expected to hamper the growth of the market.
Global Autonomous Mobile Robots Market: Segmental Analysis
The global autonomous mobile robots are segmented into type and application. By type, the market is segmented in to AMRs with SLAM and AMRs without SLAM, on the other hand based on the application, the market is segmented into healthcare and hospitals, logistics, manufacturing, warehouse, and others.
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Global Autonomous Mobile Robots Market: Forecast by Region
The demand for autonomous mobile robots are rising across the globe because of the factors such as increasing terrorists activities, rising external and internal security issues, and increasing usage of such robots for patrolling. North America is expected to lead the market as majority of mobile robots manufacturing companies are located in the US. Besides, US is known for its high spending over military which is favoring the adoption of autonomous mobile robots market.
Global Autonomous Mobile Robots Market: The Key Players
The key players that are operating in the global market for autonomous mobile robots market are Omron Adept, Swisslog (KUKA), Vecna, Clearpath Robotics, SMP Robotics, Cimcorp Automation, Mobile Industrial Robots, Fetch Robotics, Aethon, Locus Robotics, Aviation Industry Corporation, China, and Hi-Tech Robotic Systemz.
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