How big is the Mobile Robots Market?

The Mobile Robots Market size is expected to reach USD 6.99 billion in 2024 and grow at a CAGR of 27.5% to reach USD 23.56 billion by 2029. Read More

What is the current Mobile Robots Market size?

In 2024, the Mobile Robots Market size is expected to reach USD 6.99 billion. Read More

Who are the key players in Mobile Robots Market?

Teradyne Inc. (Mobile Industrial Robots ApS (MIR)), Fetch Robotics, JASCI LLC, Aethon Inc. and KION Group AG are the major companies operating in the Mobile Robots Market. Read More

What years does this Mobile Robots Market cover, and what was the market size in 2023?

In 2023, the Mobile Robots Market size was estimated at USD 5.07 billion. The report covers the Mobile Robots Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Mobile Robots Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Mobile Robots Market Trends

Statistics for the 2023 & 2024 Mobile Robots market trends, created by Mordor Intelligence™ Industry Reports. Mobile Robots trend report includes a market forecast to 029) and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

Market Trends of Mobile Robots Industry

Autonomous Mobile Robot (AMR) to Witness the Market Growth

Autonomous Mobile Robots (AMRs): The Largest Segment by Product Type: AMRs have become the largest segment in the mobile robots market, capturing a 57.8% market share in 2022. By 2028, AMRs are projected to grow from USD 3.29 billion to USD 13.29 billion, reflecting a robust CAGR of 32.2%.
Technological advancements: AMRs are gaining popularity due to their flexibility and intelligence in navigating unstructured environments, outperforming traditional AGVs.
E-commerce acceleration: The rapid growth of e-commerce is driving the adoption of AMRs in warehouses and fulfillment centers, where they are enhancing operational efficiency.
Industry applications: AMRs are being deployed across a variety of sectors, from automotive manufacturing to healthcare, where they assist in logistics and disinfection tasks.
Collaborative capabilities: AMRs are increasingly designed to collaborate with human workers, handling repetitive tasks and improving workplace safety and ergonomics.

Mobile Robots Market: Quarterly E-commerce Retail Sales, in USD Billion, Q2 2023 - Q2 2024

Understand The Key Trends Shaping This Market

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China to Witness Rapid Growth

China: The Fastest-Growing Regional Segment: China's mobile robots market is expected to grow rapidly, with a projected CAGR of 30.5% from 2023 to 2028. The country’s rapid industrialization and focus on automation are key drivers of this growth.
Government initiatives: China's "Made in China 2025" initiative is fostering a favorable environment for automation, pushing factories to deploy mobile robots.
Rising labor costs: Increasing labor expenses in China are accelerating the shift towards automation, especially in industries like electronics and automotive.
Domestic players: Companies like Geek+ Inc. are leading the market by developing localized AMR solutions and competing with global players.
E-commerce and logistics demand: China's e-commerce boom, coupled with its vast logistics network, is driving demand for mobile robots, especially in warehouse automation.