TOKYO, JAPAN, Sept. 01, 2022 (GLOBE NEWSWIRE) -- Facts and Factors has published a new research report titled “Autonomous Robot Market Size, Share, Growth Analysis Report By Mode of Operation (Human Operated, Autonomous), By Mobile Product (Unmanned Ground Vehicle (UGV), Unmanned Marine Vehicle (UMV), Unmanned Aerial Vehicle (UAV)), By End-User (Industrial & Manufacturing, Power & Energy, Logistics & Warehouse, Aerospace & Defense, Oil & Gas, Forest & Agriculture, Medical & Healthcare, Mining & Minerals), and By Region - Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2028” in its research database.
“According to the latest research study, the demand of global Autonomous Robot Market size & share was valued at approximately USD 6,395.20 million in 2021. The market is expected to grow above a CAGR of 13.50% and is anticipated to reach over USD 13671.91 million by 2028.”
The report analyses the Autonomous Robot market’s drivers and restraints, as well as the impact they have on-demand throughout the projection period. In addition, the report examines global opportunities in the global Autonomous Robot market.
What is Autonomous Robot? How big is the Autonomous Robot Industry?
- Market Overview:
Robots developed specifically to interact with their external environment autonomously, and unsupervised by humans are called autonomous robots. These machines are capable of independent decision-making, just like people. To fix any issues involving humans, they use a variety of sensors. As they increase safety and productivity, they are widely used in various industries, including mining and minerals, oil and gas, medicine, and healthcare.
Depending on numerous situations and requirements, an autonomous robot automatically determines the quickest path; if the mission changes daily, an autonomous robot changes route with it. Additionally, autonomous robots automatically identify and avoid obstacles and confined spaces to choose the optimal path to their next waypoint.
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Our Free Sample Report Consists of the Following:
- Introduction, Overview, and in-depth industry analysis are all included in the 2022 updated report.
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- Updated Regional Analysis with Graphical Representation of Size, Share, and Trends for the Year 2022
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- Facts and Factors research methodology
(Please note that the sample of this report has been modified to include the COVID-19 impact study prior to delivery.)
Key Insights from Primary Research
- As per the analysis, the Autonomous Robot market is likely to grow above a CAGR of around 13.50% between 2022 and 2028.
- The Autonomous Robot market size was worth around US$ 6,395.20 million in 2021 and is estimated to hit approximately US$ 13671.91 million by 2028. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
- By mode of operation, the autonomous category dominated the market in 2021.
- By mobile products, the unmanned ground vehicle (UGV) category dominated the market in 2021.
- North America dominated the global autonomous robot market in 2021.
Competitive Players
The report contains qualitative and quantitative research on the global Autonomous Robot Market, as well as detailed insights and development strategies employed by the leading competitors. The report also provides an in-depth analysis of the market's main competitors, as well as information on their competitiveness. The research also identifies and analyses important business strategies used by these main market players, such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts. The study examines, among other things, each company's global presence, competitors, service offers, and standards.
Some of the main players in the global Autonomous Robot market include:
- Omron Adept Technologies
- Seegrid Corporation
- Clearpath Robotics
- Hi-Tech Robotics Systemz
- Swisslog
- Fetch Robotics
- Locus Robotics
- GeckoSystems
- Aethon
- Aviation Industry Corporation of China
- Oceaneering
- Mobile Industrial Robots
- SAAB
- SMP Robotics
- Bluefin Robotic
- Cimcorp Automation
- Vecna
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Market Dynamics:
One of the main factors propelling the growth of the autonomous robot market is the transition from single-purpose machines to multipurpose machines and their use in industrial applications like packing and assembly of parts, customer care and engagement, and logistics process, among others. The need for these robots is rising due to various factors, including improving supply chain efficiency, automation of quality control and testing procedures, and automation of the production process from start to end. The market for autonomous robots is also influenced by the increasing use of artificial intelligence in the field of robotics and the ability of these robots to carry out jobs more accurately.
Additionally, increased research and development, rising manufacturing costs, and investment positively impact the market for autonomous robots. The forecasted growth in industry 4.0 implementation offers the lucrative potential to market participants for autonomous robots. On the other hand, expensive initial investments and issues with technical precision and communication protocols in autonomous robots are anticipated to restrain the market's expansion. The market for autonomous robots is expected to face challenges from growing worries about the risk to human safety when engaging with robots and from an increase in unemployment due to robot adoption.
Autonomous Robot Market: COVID-19 Impact Analysis
COVID-19 will remain in effect for a few years, however it is unknown what impact this will have on the market for autonomous robots. Because of the COVID-19 outbreak, governments all over the world have instituted stringent lockdown procedures and have prohibited the importing and exporting of raw materials for the majority of the year 2020 and for a few months of 2021. As a direct consequence of this, the availability of essential components that are required to fabricate components for autonomous robots rapidly plummeted.
In addition, due to a broad shutdown, factories that produce autonomous robots have either completely or partially ceased production of their products. The detrimental impacts of the COVID-19 epidemic have caused delays in global operations and initiatives that attempt to produce sophisticated autonomous robots.
Browse the full “Autonomous Robot Market Size, Share, Growth Analysis Report By Mode of Operation (Human Operated, Autonomous), By Mobile Product (Unmanned Ground Vehicle (UGV), Unmanned Marine Vehicle (UMV), Unmanned Aerial Vehicle (UAV)), By End-User (Industrial & Manufacturing, Power & Energy, Logistics & Warehouse, Aerospace & Defense, Oil & Gas, Forest & Agriculture, Medical & Healthcare, Mining & Minerals), and By Region - Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2028" report at https://www.fnfresearch.com/autonomous-robot-market
Autonomous Robot Market: Segmentation Analysis
The global autonomous robot market is segregated based on the mode of operation, mobile product, end-user, and region. Based on the mode of operation, the market is segregated into human-operated and autonomous. In 2021, the autonomous segment dominated the global autonomous robot market. Based on the mobile product, the market is segregated into unmanned ground vehicles (UGV), unmanned marine vehicles (UMV), and unmanned aerial vehicles (UAV). In 2021, the unmanned ground vehicle (UGV) category dominated the global autonomous robot market.
Based on end-user, the market is segregated into industrial & manufacturing, power & energy, logistics & warehouse, aerospace & defense, oil & gas, forest & agriculture, medical & healthcare, and mining & minerals. In 2021, the logistics & warehouse category dominated the global autonomous robot market.
Regional Analysis:
The global autonomous robot market is divided into geographic regions: North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America dominated the global market for Autonomous robots in 2021 due to ongoing technological advancements and increased demand from the local logistics sector. The market is anticipated to expand due to escalating regional and global security threats and rising terrorist activity. Aside from rising labor expenses, this region's market is expanding due to technological advancements. The region's growing e-commerce industry especially encourages autonomous robots for inventory management. E-commerce businesses employ autonomous robots in their warehouses to automate intralogistics procedures, including picking, sorting, and palletizing. The regional market will continue to be driven by process automation in other industries and industrial verticals.
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Recent Industry Developments:
- In January 2021: Under its Max robotics line, ForwardX Robotics provides a range of autonomous robots to offer automated material handling solutions for industrial and warehousing businesses.
Key questions answered in this report:
- What is the market size and growth rate forecast for Autonomous Robot industry?
- What is the main driving factors propelling the Autonomous Robot Market forward?
- What are the leading companies in the Autonomous Robot Industry?
- What segments does the Autonomous Robot Market cover?
- How can I receive a free copy of the Autonomous Robot Market sample report and company profiles?
Report Scope:
| Report Attribute | Details |
| Market Size in 2021 | USD 6,395.20 Million |
| Projected Market Size in 2028 | USD 13671.91 Million |
| CAGR Growth Rate | 13.50% CAGR |
| Base Year | 2021 |
| Forecast Years | 2022-2028 |
| Key Market Players | Omron Adept Technologies, Seegrid Corporation, Clearpath Robotics, Hi-Tech Robotics Systemz, Swisslog, Fetch Robotics, Locus Robotics, GeckoSystems, Aethon, Aviation Industry Corporation of China, Oceaneering, Mobile Industrial Robots, SAAB, SMP Robotics, Bluefin Robotic, Cimcorp Automation, Vecna, and Others |
| Key Segment | By Mode of Operation, Mobile Product, End-User, and Region |
| Major Regions Covered | North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa |
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The global Autonomous Robot market is segmented as follows:
By Mode of Operation
- Human Operated
- Autonomous
By Mobile Product
- Unmanned Ground Vehicle (UGV)
- Unmanned Marine Vehicle (UMV)
- Unmanned Aerial Vehicle (UAV)
By End-User
- Industrial & Manufacturing
- Power & Energy
- Logistics & Warehouse
- Aerospace & Defense
- Oil & Gas
- Forest & Agriculture
- Medical & Healthcare
- Mining & Minerals
By Region
- North America
- The U.S.
- Canada
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Southeast Asia
- Rest of Southeast Asia
- The Middle East & Africa
- GCC
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
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Key Offerings:
- Market Size, Trends, & Forecast by Revenue | 2022−2028
- Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
- Market Segmentation – A detailed analysis by Mode of Operation, Mobile Product, End-User, and Region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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