Autonomous Mobile Robot Market Share

Market Share of Autonomous Mobile Robot Industry

• The industry is anticipated to remain innovation-led for the next few years, with frequent acquisitions and strategic alliances embraced as the key strategies by the players to increase their industry presence. For instance, two autonomous mobile robots (AMR) vendors merged into a single unit in October 2022, claiming that the combination of Chelmsford, Massachusetts-based AutoGuide Mobile Robots and the Danish industrial automation firm Mobile Industrial Robots ApS (MiR) were expected to expand their product portfolios and simplify customer automation projects. The two businesses had already collaborated to provide their AMRs with the same fleet management software.
• The service of autonomous mobile robots and mobile manipulators creates flexible and autonomous industrial automation needed to create smart factories. In these factories, the exchange of information is made possible by integrating advanced technologies into robotics, such as the Internet of Things, artificial intelligence, or big data. This has pushed the adoption of autonomous mobile robots in Industry 4.0 and manufacturing.
• Today, AMR adopters have accelerated their adoption, moving from pilot projects with a few robots to "fleet-size" installations. For instance, roller-top AMRs from Zebra Technologies are gaining popularity in manufacturing, storage, and distribution centers. These robots, constructed on the Freight 100 platform from Fetch Robotics, are increasingly performing collaborative tasks. This has been made possible by cutting-edge sensors, artificial intelligence, and fleet management systems that are improving.
• Autonomous mobile robots, or AMRs, can readily meet the demand for work. Collaboration between AMRs and humans significantly boosts operational accuracy, productivity, and efficiency. A fundamental level of control is also added by deploying even a small fleet of AMRs working with humans—as few as a dozen.
• As of January 2023, roughly 11.5% of businesses in the United Kingdom stated that they were facing a workforce shortage, down from 15.7% in September 2022, according to the Office for National Statistics (UK). The demand for AMRs in the United Kingdom and other European nations may increase due to such labor shortages.
• Autonomous mobile robots would not have attained the level of popularity they have now without several technological advancements that further convinced consumers of their use. As AMRs move past the proof-of-concept stage and are utilized to manage labor shortages and supply chain disruptions, an increasing number of organizations are coming to understand the potential of these technologies. Businesses are also beginning to review the extent of their AMR deployments.
• Furthermore, the autonomous mobile robot market is fragmented, with significant players like Fetch Robotics (Zebra Technologies Corporation), Mobile Industrial Robots (Mir)(Teradyne Inc.), Geek+ Technology Co. Ltd, Vecna Robotics Inc., and Seegrid Corporation. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
• For instance, in November 2023, OMRON announced the launch of the MD-650 and MD-900 medium-payload (650 kg and 900 kg) autonomous mobile robots (AMR). These additions expand OMRON’s lineup of autonomous robots to meet the requirements of various part and material transport applications, providing greater efficiency at production sites.

Autonomous Mobile Robot Market Leaders

1. Fetch Robotics (Zebra Technologies)

2. Mobile Industrial Robots (Mir)(Teradyne Inc.)

3. Geek+ Technology Co. Ltd

4. Vecna Robotics Inc.

5. Seegrid Corporation

*Disclaimer: Major Players sorted in no particular order