Autonomous Mobile Robots for Logistics and Warehousing Market

Autonomous Mobile Robots for Logistics and Warehousing Market- Asia Pacific Market Growth

Asia Pacific is estimated to be a very highly lucrative region in the Autonomous Mobile Robots for Logistics and Warehousing Market. The market for logistics and eCommerce is growing at a lightening pace within the Asia Pacific countries such as China, India and South-East Asia. This significant growth demand for huge investment into warehouse automation via deployment of autonomous mobile robots to fulfil the demand for labor shortage and to improve material handling operations to drive scalability, reliability and efficiency.

In growing economies like India, the warehousing and logistics market is booming at an unprecedented rate, and is estimated to attract nearly $10 billion investments in the next 5 years. To address this huge investment and supply chain demand, the logistics and warehouse operations are shifting from manual to automated operations through deployment of autonomous mobile robots for effective material handling.

Autonomous Mobile Robots for Logistics and Warehousing Market – Increasing Demand for Logistics & Warehouse Automation

A few years ago, the logistics and warehouse operations and processes were carried out manually, employing thousands of workers for material handling and carrying out in-house logistics operations. As the supply-chain industry flourished globally in past few years, there has been a huge demand for warehouse automation for material handling operations to improve order fulfillment and in-house distribution of goods with the ultimate goal to reduce the labor costs.

The adoption of autonomous mobile robots for logistics and warehousing industry has solved many problems posed by the booming supply-chain demands. The AMRs are collaborating with warehouse operations for automated inventory handling and movement, tracking and locating materials within the warehouse facilities, freeing the human workforce from such time consuming processes and thus improving the material handling efficiency within the warehouses.

Autonomous Mobile Robots for Logistics and Warehousing Market – Rapid Growth in the eCommerce Industry Globally

The eCommerce Industry worldwide is growing at a very fast pace. The global eCommerce sales was valued at $2.4 trillion in 2017 and is estimated to be nearly $3.0 trillion by 2018, with US and Chine dominating the global eCommerce industry. Due to this ever-growing eCommerce trend, the retailers are facing challenges such as shortage of labor for warehouse management, complicated order fulfillment processes and more. To overcome this supply-demand challenges, logistics and warehouse automation technologies such as Autonomous Mobile Robots have made tremendous developments in recent years.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain of the Autonomous Mobile Robots for Logistics and Warehousing market. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with Autonomous Mobile Robots for Logistics and Warehousing market attractiveness as per segments. The report also maps the qualitative impact of various factors on Autonomous Mobile Robots for Logistics and Warehousing market segments and geographies.