Market Trends of Autonomous Mobile Robots Industry For Intralogistics Applications
Manufacturing to be the Largest End-user Industry
- In recent years, automation has revolutionized the manufacturing sector, resulting in enhanced productivity, efficiency, and safety. Among the latest breakthroughs in automation technology are autonomous mobile robots (AMRs). These mobile robots have gained considerable recognition in manufacturing facilities due to their ability to ensure human safety and meet the demand for optimal efficiency. Technological advancements have empowered manufacturers to create robots tailored to their operational requirements and effectively implement them for various applications.
- The manufacturing sector has experienced significant impacts from a highly constrained labor market, increased emphasis on safety and dependability, and supply chain disruptions in recent times. To address these challenges, manufacturers are seeking to satisfy market demands by expanding their operations with the aid of automation technology, such as robotics. The use of AMR technology has the potential to revolutionize and supplant conventional production methods, resulting in lasting changes to the manufacturing industry by revealing greater efficiencies.
- AMRs are increasingly being utilized within the automobile industry, presenting numerous prospects. AMRs effectively optimize operations, diminish expenses, and enhance productivity across various areas, such as assembly lines and material handling. Their versatility enables them to proficiently undertake diverse tasks, including welding, assembly, and part transportation within car manufacturing. Moreover, the automotive industry, encompassing welding shops and vehicle assembly plants, encounters challenges in automating material transport due to the diverse shapes and sizes of required parts. Consequently, the demand for AMRs in this sector has arisen.
- The electric vehicle (EV) market is experiencing rapid growth, necessitating the prompt implementation of a supporting charging infrastructure. The integration of autonomous charging has emerged as a crucial element in establishing a dependable, secure, and economically viable charging system. The AMR charging station is a facility that empowers robots to autonomously recharge as needed. The increasing demand for charging stations is anticipated to present substantial opportunities for the advancement of AMR technology.
- In March 2023, China-based NaaS Technology Inc. unveiled its inaugural autonomous mobile charging robot, catering to the escalating need for electric vehicle (EV) charging. Boasting advanced functionalities such as active vehicle tracking, intelligent charging, and automated payment settlement, this cutting-edge device seamlessly connects with EV charging ports through a mechanical arm during charging sessions. NaaS Technology Inc., traded on NASDAQ under the ticker symbol NAAS, has successfully linked over 515,000 chargers by December 31, 2022. Therefore, the rising investments and establishment of charging stations are expected to adopt such robotic charging facilities, which is expected to drive the demand for the market.
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Asia Pacific to Hold Significant Market Share
- The Asia-Pacific region is witnessing a significant surge in investments within the non-manufacturing sector, primarily driven by the region's burgeoning industries and their strategic incorporation of automation technologies to enhance return on investment. The escalating adoption of robotics, the expansion of e-commerce, and the establishment of novel warehousing facilities are anticipated to establish the Asia Pacific AMR market as the dominant force.
- For instance, Hong Kong has successfully enticed numerous multinational corporations and startups due to its advantageous geographical position, thriving business environment, and well-developed transportation infrastructure. Hai Robotics, a prominent company in the region, has effectively tackled the scarcity of labor and bolstered the ecommerce industry by introducing the world's pioneering autonomous case-handling robotic (ACR) system. This groundbreaking technology seamlessly integrates the adaptability of traditional rack-moving autonomous mobile robots (AMR) with the precision and productivity of automated storage and retrieval systems (ASRS), thereby revolutionizing warehouse management.
- China has the largest manufacturing industry in the world and generates a significant share of the market demand. Moreover, the country's industrial output grew by 3.6% in 2022 from the previous year, as per the Ministry of Industry and Information Technology (MIIT), despite production and logistics disruptions from COVID-19 curbs. The output of the manufacturing sector was estimated to have risen by 3.1% in 2022, accounting for 28% of China's gross domestic product (GDP), according to the MIIT.
- Manufacturing in India has become a prominent sector, experiencing substantial growth. The government's initiatives, including the National Manufacturing Policy and the PLI scheme, aim to enhance the manufacturing industry's contribution to GDP and align it with global standards. Consequently, the country's market growth is anticipated to witness a significant upsurge in the foreseeable future, driven by the increasing prevalence of Industry 4.0 and the expanding manufacturing sector.
- Furthermore, AMRs have significantly impacted the manufacturing industry. Their application has extended beyond factories and warehouses to support other industries. However, the implementation of AMRs for public use requires extensive safety trials. Singapore, anticipating a surge in commercial AMR use, is actively engaged in conducting such trials. Such significant innovations in the region are expected to create a significant demand for the market. Moreover, the rising need for AMRs in Southeast Asian countries is expected to drive the demand for the market.
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