China Autonomous Mobile Robots Market Size & Outlook
China autonomous mobile robots market, 2017-2030 (US$M)
Related Markets
China autonomous mobile robots market highlights
- The China autonomous mobile robots market generated a revenue of USD 335.1 million in 2023 and is expected to reach USD 864.7 million by 2030.
- The China market is expected to grow at a CAGR of 14.5% 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.
Autonomous mobile robots market data book summary
| Market revenue in 2023 | USD 335.1 million |
| Market revenue in 2030 | USD 864.7 million |
| Growth rate | 14.5% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Service |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 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, China accounted for 9.6% of the global autonomous mobile robots market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China autonomous mobile robots market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 445.8 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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China 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 70.46% in 2023. Horizon Databook has segmented the China autonomous mobile robots market based on hardware, software, service covering the revenue growth of each sub-segment from 2017 to 2030.
China is a significant market for AMRs, with many companies investing in this technology to improve their manufacturing and logistics operations. For instance, in December 2021, Dematic, a supplier of integrated automated technology, services, and software, invested in a new plant base in Jinan, China.
The project is anticipated to draw investments totaling roughly USD 50 million and has a planned area of 150,000 square meters. It will start operating in the first quarter of 2023. The expansion would help the company scale its business and offer long-term growth benefits in China.
Further the government's focus on modernizing the manufacturing sector and promoting high-tech industries has also contributed to the growth of AMRs in the country.
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Horizon Databook provides a detailed overview of country-level data and insights on the China autonomous mobile robots market , including forecasts for subscribers. This country databook contains high-level insights into China autonomous mobile robots market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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China autonomous mobile robots market size, by component, 2017-2030 (US$M)
China Autonomous Mobile Robots Market Outlook Share, 2023 & 2030 (US$M)
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