Asia Pacific Autonomous Mobile Robots Market Size & Outlook
Asia Pacific autonomous mobile robots market, 2017-2030 (US$M)
Related Markets
Asia Pacific autonomous mobile robots market highlights
- The Asia Pacific autonomous mobile robots market generated a revenue of USD 1,013.4 million in 2023.
- The market is expected to grow at a CAGR of 17.4% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Service is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, South Korea is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 1,013.4 million |
| Market revenue in 2030 | USD 3,117.8 million |
| Growth rate | 17.4% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Service |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Service |
| Key market players worldwide | ABB Ltd, Rockwell Automation Inc, Teradyne Inc, Hyundai Motor Co, Bleum, GreyOrange, Harvest Automation, Onward Robotics, inVia Robotics, KUKA Robotics |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 29.1% of the global autonomous mobile robots market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,117.8 million by 2030.
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Autonomous Mobile Robots Market Scope
Autonomous Mobile Robots Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific autonomous mobile robots market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to autonomous mobile robots market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 67.67% in 2023. Horizon Databook has segmented the Asia Pacific autonomous mobile robots market based on hardware, software, service covering the revenue growth of each sub-segment from 2017 to 2030.
The Asia Pacific autonomous mobile robots’ market has been experiencing significant growth in recent years, attributed to several factors, including the increasing demand for material handling systems across various industries such as e-commerce, automotive, and food & beverage.
The market is projected to grow remarkably in Asia Pacific, especially in emerging countries such as India, China, and Japan. The region's flourishing manufacturing and automobile sectors are expected to spur the demand for mobile robots. The growing e-commerce industry in the emerging economies of Asia Pacific is mainly promoting the deployment of AMRs for inventory management.
E-commerce companies increasingly deploy AMRs in warehouses to automate intralogistics tasks. Therefore, robotics companies have started to focus on the funds and development of AMRs. For instance, in September 2021, Shenzhen based Hai Robotics, a manufacturer of autonomous case-handling robots (ACRs), raised USD 200 Million in two equity rounds.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific autonomous mobile robots market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific autonomous mobile robots market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific autonomous mobile robots market size, by country, 2017-2030 (US$M)
Asia Pacific Autonomous Mobile Robots Market Outlook Share, 2023 & 2030 (US$M)
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