Autonomous Robot Market Industry is expected to reach USD 11607.13 million by 2029

AUTONOMOUS ROBOT MARKET SCENARIO

According to Data Bridge Market Research, the market for autonomous robots was valued at USD 2754.05 million in 2022 and is projected to grow to USD 11607.13 million by 2030, a CAGR of 19.70% from 2023 to 2030. The market reports created by Data Bridge Market Research include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis, and deficit analysis of supply chain and demand in addition to insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players.

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Autonomous Robot Market Dynamics

Drivers

Surging product launches

The surging product launches and other innovations by major market players will drive the growth of the market. For instance, Qualcomm launched the Robotics RB6 Platform in May 2022. This is, a high-end hardware development kit which can serve as the brains for autonomous robots, commercial drones and delivery robots. It also revealed a brand-new reference design named RB5, based on the RB5 platform. This platform is used in millions of systems that comprise all the sensors and hardware needed to develop autonomous robot.

Growth and expansion of e-commerce business

The significant growth of the e-commerce sector enables distribution centre and warehouse operators to focus on increasing their effective workflow from manual to automate to satisfy consumer buying trends all over the globe. The US Department of Commerce reported in 2019, the expenditure on the internet platform as 16.0% of total retail sales. It will ultimately allow the largest E-commerce companies to use autonomous technologies in their fulfilment operations.

Opportunities

Increasing popularity of autonomous warehouses

The rising popularity of autonomous warehouses is expected to provide lucrative opportunities for the growth of the market. The idea of warehouses outfitted with autonomous technologies is gathering momentum all over the globe. These robots control the large number of operational processes, including transportation, scanning, picking and placing and other tasks. With the growing number of autonomous warehouses, the market is expected to grow at a rapid pace in upcoming years.

Rising demand of autonomous robot in E-Commerce sector

Autonomous robots are used in many forms in e-commerce sectors, from moving carts to mobile manipulation. Autonomous robot platforms can comprise numerous accessories due to their flexibility, making them perfect for many applications, even within specific applications such as sortation and transport.

AUTONOMOUS ROBOT MARKET SEGMENTATION

Product

Unmanned Ground Vehicle
Unmanned Aerial Vehicle
Unmanned Marine Vehicle

Mode of Operations

Human Operated
Autonomous

End-User

Industrial Manufacturing
Aerospace Defence
Oil Gas
Logistics Warehouse
Medical Healthcare
Mining Minerals
Forest Agriculture
Power Energy

AUTONOMOUS ROBOT MARKET COUNTRY LEVEL ANALYSIS

The countries covered in the Autonomous Robot Market report are
U.S.
Canada
and Mexico in North America
Germany
U.K.
France
Italy
Spain
Netherlands
Switzerland
Russia
Belgium
Turkey
and Rest of Europe
China
Japan
India
South Korea
Singapore
Malaysia
Australia
Thailand
Indonesia
Saudi Arabia
U.A.E
South Africa
Egypt
Israel
and Rest of the Middle East and Africa
Brazil
Argentina

BASIC QUESTIONS ASKED

What are the main industry difficulties and motivators?
Who are the major market participants in the market for Autonomous Robot Market?
How big a market and what is the projected CAGR for the Autonomous Robot Market industry?
What effects does rising demand have on the market share expansion for Autonomous Robot Market?
How will the market for Autonomous Robot Market change in the next years?
What is the impact of the COVID-19 pandemic on the APAC Autonomous Robot Market?

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The employment of established tools such as SWOT analysis and Porter’s Five Forces analysis are very helpful in creating such a top-notch Autonomous Robot Market research report. Estimations of CAGR values, market drivers and market restraints helps businesses decide upon several strategies. The data and information gathered with the research is generally quite a huge and is also in a complex form. However, in this market report, such intricate market insights are turned into simpler version with the help of proven tools and techniques to provide it to the end users. With the use of few steps or the combination of several steps, the process of building Autonomous Robot Market report is initiated with the expert advice.

KEY MARKET COMPETITORS COVERED IN THE REPORT

OMRON Corporation (Japan)
Fetch Robotics (U.S.)
Omron Robotics and Safety Technologies, Inc (U.S.)
FANUC Corporation (Japan)
Aethon (U.S.)
Barrett Technology, LLC (U.S.)
General Dynamics Mission Systems, Inc. (U.S.)
Boeing (U.S.)
Bossa Nova Robotics (U.S.)
ECA GROUP (France)
GeckoSystems Intl. Corp. (U.S.)
Harvest Automation (U.S)
Clearpath Robotics Inc. (U.S.)
iRobot Corporation. (U.S.)
Deere Company (U.S.)
Kongsberg Maritime (Norway)

MAJOR TOC OF THE REPORT

Introduction
Market Segmentation
Executive Summary
Premium Insights
Autonomous Robot Market: Regulations
Market Overview
Autonomous Robot Market, By Type
Autonomous Robot Market, By Source
Autonomous Robot Market, By Therapy
Autonomous Robot Market, By Transporting Capacity
Autonomous Robot Market, By Route of administration
Autonomous Robot Market, By Region
Autonomous Robot Market: Company Landscape
SWOT Analyses
Company Profile

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