The global autonomous robot market is expected to grow at a significant rate, according to the AMA study. The growing demand for automation across different industry verticals, increasing demand for high-speed precise production are some of the major factors driving the growth for autonomous robots globally. In addition, introduction of autonomous delivery drones, ambulance drones, and mobile autonomous drones is another major factor fueling the growth for the market globally.This growth is primarily driven by Growing Demand for Automation Across Different Industry Verticals
|Value Unit||USD (Million)|
|Customization Scope||Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility|
The Industrials sector in the region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region.
Major Manufacturers, such as Energid Technologies Corporation (United States), Harvest Automation (United States), Intuitive Machines, LLC (United States), iRobot Corporation (United States), Myomo Inc (United States), Rethink Robotics GmbH (Germany), Vecna Robotics (United States), Uber Technologies Inc. (United States), DJI (China), PrecisionHawk (United States), Flyability (Switzerland), DroneDeploy (United States) and FoldiMate, Inc. (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In October 2018, Rethink Robotics announced that all of the patents and trademarks of the company is acquired by HAHN Group, a German automation specialist.
In 2020, Sesto Robotics has launched a new autonomous mobile robot designed primarily to automate material handling procedures in the manufacturing, commercial and medical industries. and In April 2019, Uber Technology Inc. announced that its subsidiary Advanced Technologies Group has received a funding of USD 1 billion from Toyota Motor Corp., DENSO Corp., and the SoftBank Vision Fund for the development of self-driving vehiclesThe vendors in this market are majorly focusing on the development of new and innovative autonomous robotic solutions in order to cater to the transforming industry demands in order to remain competitive in the global market.
Regulations from Occupational Safety and Health Administration for Safety & Security of Labors Across Different Industries
Growing Adoption of Unmanned Vehicles for Ground, Marine and Aerial Applications and The Rising Demand for Mobile Autonomous Robots
Market Growth Drivers:
Growing Demand for Automation Across Different Industry Verticals, Increasing Demand for High-Speed Precise Production and Introduction of Delivery Drones, Ambulance Drones, and Mobile Autonomous Robots
The Requirement of Highly Skilled Professionals for Autonomous Industrial Robots
High Cost of Systems
Industrial Revolution 4.0 will Create Further Opportunities Owing to Demand for Industrial Automation During the Near Future
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Autonomous Robot Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Autonomous Robot Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.The primary interviews and data collected as per the below protocols:
By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Autonomous Robot players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Autonomous Robot Study Sheds Light on
The Autonomous Robot Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Autonomous Robot industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Autonomous Robot industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.