Mobile Robots Projected to Achieve 2.8 Million Shipments by 2030 as Market Diversifies
Mobile Robots: The Next Frontier in Automation
As the landscape of technology continues to evolve, mobile robots are predicted to lead the way in deliveries and manufacturing, transforming industries at an accelerated pace. According to ABI Research, an authoritative global technology intelligence firm, shipments of mobile robots are expected to soar from 547,000 units in 2023 to approximately 2.79 million by 2030, reflecting an astonishing compound annual growth rate (CAGR) of 24.1%.
Mobile robots are primarily utilized in warehousing and logistics, but their importance is expanding into various sectors including manufacturing, last-mile delivery, agriculture, and healthcare. By showcasing remarkable efficiency improvements across diverse applications—from cleaning tasks to surveillance—these robots are capturing the attention of stakeholders across many fields.
The Rise of Mobile Robots
The revenue generated from mobile robots is anticipated to grow from $18 billion in 2023 to a staggering $124 billion by 2030, achieving a CAGR of 23.6%. George Chowdhury, a Robotics Industry Analyst at ABI Research, highlights that mobile robots have drastically altered the warehousing and logistics environments. These robots enable significant efficiency gains particularly in material handling. As technology progresses, especially with advancements like Simultaneous Localization and Mapping (SLAM), more industries are geared towards integrating mobile robots into their operations.
While logistics remains the cornerstone of mobile robot adoption, alternative sectors are projected to witness a rapid uptick by the close of the decade. For instance, robot shipments for agricultural applications are set to escalate from 7,000 to 129,000 per year by 2030, signifying a staggering CAGR of 45%. Similarly, last-mile delivery shipments are projected to surge from 14,000 to 147,000, a 37% CAGR, while public-facing applications, particularly in dining establishments, are expected to increase from 6,000 in 2023 to 78,000 shipments by 2030, a significant 43% growth.
Vendors Driving Change
A multitude of vendors is driving the expansion of mobile robots across these varied sectors. Companies like MiR, Omron, Otto Motors, and ABB focus on the manufacturing landscape, while Zebra, Locus, and Safelog are honing in on logistics solutions. Retail challenges are being addressed by the likes of Simbe and Brain Corp, while Starship is innovating solutions for the last-mile delivery market.
The decreasing costs associated with mobile robots, coupled with enhanced versatility and simplified programming options introduced by manufacturers, are opening doors for new applications in various industries.
Trusting Autonomous Mobile Robots
Chowdhury believes mobile robots will maintain their position as the dominant type of robot in the coming years. As businesses begin to see the clear advantages of integrating automation into their workflows, the acceptance of Autonomous Mobile Robot (AMR) technologies will grow. This increased trust will facilitate the presence of mobile robots in public areas such as hospitals, retail stores, and agricultural settings, aiming for a broad mass adoption that is almost within reach.
The insights outlined here are derived from ABI Research's detailed Mobile Robotics market data report, which forms part of its extensive Industrial, Collaborative, and Commercial Robotics research initiative. This comprehensive report provides a nuanced understanding of market dynamics, service-specific forecasts, and elaborate data analyses revealing lucrative opportunities for stakeholders.
ABI Research Overview
As a global technology intelligence enterprise, ABI Research sits firmly at the crossroads between technology solution providers and market end-users. By offering exclusive research insights and expert guidance, they empower organizations to enact successful technology integrations while crafting strategies that efficiently draw in and maintain clientele.