Material Handling Robots Industry Data Book | Holistic View Of Highly Dynamic Market Spaces

Material Handling Robots Automated Guided Vehicles, Autonomous Mobile Robot, Collaborative Robots Industry Data Book Covers Market.

 

The global AGV, AMR, and cobots markets combine to account for USD 7.34 billion in revenue in 2021, which is expected to reach USD 31.07 billion by 2030, growing at a cumulative rate of 17.4% over the forecast period.

 

Grand View Research’s material handling robots industry data book is a collection of market sizing information & forecasts, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.

 

Automated Guided Vehicles Market Insights

 

The global automated guided vehicle market size was valued at USD 3.81 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 10.2% from 2022 to 2030.. Automated guided vehicle (AGV) systems assist in moving and transporting items in manufacturing facilities, warehouses, and distribution centers without any permanent conveying system or manual intervention. It follows configurable guide paths for optimizing storage, picking, and transport functions in the environment of premium space. AGVs are being highly adopted owing to several benefits, such as reduced labor costs, reduced product damage, increased productivity, and scale to support automation processes. These notable advantages encourage transportation and logistics firms to deploy AGVs to boost the efficiency of their operations.

 

Many businesses experienced losses due to a production gap brought on by statewide laws. As a result of the COVID-19 impact, the industrial industry saw a significant decline in earnings and income. The World Health Organization (WHO) has reported that the worst-affected nations by the COVID-19 outbreak include the United States, Spain, Italy, France, Germany, the United Kingdom, Russia, Turkey, Brazil, Iran, and China. The crisis hampered worldwide industries, and the international economy is now experiencing a downturn. There has been a significant decline in manufacturing activity due to business activities. SMEs were most negatively impacted by substantial layoffs, financial challenges, and attrition. However, the market is growing due to widespread vaccination in developed countries.

 

Autonomous Mobile Robot Market Insights

The global autonomous mobile robot market size was valued at USD 2.52 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 16.8% from 2022 to 2030. Autonomous mobile robots pick, transport, and sort items within manufacturing and distribution facilities without manual intervention. AMRs leverage vision cameras, onboard sensors, and facility maps integrated with the warehouse execution software (WES) to perform various operations, such as moving raw materials and manufactured goods within the facility. AMRs are highly preferred owing to their myriad benefits, such as preventing product damage, reducing labor costs, enhancing productivity, and automating processes.
Manufacturing, warehouses, hospitals, terminals, and cross-dock, autonomous mobile robots are employed in intra-logistics. They can function autonomously in changing environments thanks to their advanced technology and control software, as opposed to automated guided vehicle systems, where dispatching, routing, and scheduling decisions are made centrally for all automated guided vehicles (AGVs). AMRS can independently communicate with other resources, including machines and systems, enabling a decentralized approach to decision-making. Due to this, numerous firms deployed mobile, autonomous robots to boost facility production and efficiency.

 

Order your copy of the Free Sample of “Material Handling Robots Industry Data Book - Automated Guided Vehicles, Autonomous Mobile Robot, Collaborative Robots Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

 

Collaborative Robots Market Insights

The global collaborative robots market size was valued at USD 1.01 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 31.5%, from 2022 to 2030. The growth can be ascribed to the increasing adoption of collaborative robots, or cobots, in Small and Medium Enterprises (SMEs). These companies are increasingly investing in cobots to interact with humans in a shared workspace and automate manufacturing processes. The growth is further proliferated by technological advancements in the industry.

Cobots offer a higher return on investment than other types of conventional industrial robots. In contrast, the cost of installing the extra hardware for regular industrial robots is higher than the cost of the robot itself. In addition, the cost of deploying collaborative robots' additional hardware is higher than the cost of this type of robot. As a result, standard industrial bots are more expensive overall than cobots, including any other hardware or components. Cobots, therefore, have a higher return on investment than conventional industrial robots because they need a controller, an indicator, and a vision system. Cobots are also becoming less expensive, more user-friendly, and more complex training tools. In addition to giving businesses more options, this will help all sizes and scales of sectors remain competitive as they use the most current sensors, plug-and-play gadgets, and automated robot programming using CAD data.

Go through the table of content of Material Handling Robots Industry Data Book to get a better understanding of the Coverage & Scope of the study.

 

Material Handling Robots Industry Data Book Competitive Landscape

 

The key market players in the Material Handling Equipment markets, such as are continuously seeking various initiatives such as strategic alliances, mergers and acquisitions, and new development launches. These vendors bear expertise in the Material Handling Equipment industry and have strategic footprints across various parts of the world. Hence, these companies have successfully defended their position in the market.

 

Key players operating in the Material Handling Robots Industry are –

• Swisslog Holding AG
• Egemin Automation Inc.
• Bastian Solutions, Inc.
• Daifuku Co., Ltd.
• Dematic
• ABB Group
• Bleum
• Boston Dynamics
• Clearpath Robotics, Inc.
• GreyOrange
• IAM Robotics
• Epson Robots
• F&P Robotics AG
• Fanuc Corporation
• Precise Automation, Inc.
• Yaskawa Electric Corporation
• Techman Robot Inc.
• DENSO Robotics
• AUBO Robotics
• BALYO 

 

Check out more Industry Data Books, published by Grand View Research