Autonomous Robots Market Research Report - Forecast 2032

Autonomous Robots Market Research Report Information By 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 and Others) And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2032

ID: MRFR/SEM/5447-HCR | 100 Pages | Author: Shubham Munde | February 2024         

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Global Autonomous Robots Market Overview:

Autonomous Robots Market Size was valued at USD 5.6 Billion in 2022. The Autonomous Robots market industry is projected to grow from USD 6.5 Billion in 2023 to USD 22.9 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 16.90% during the forecast period (2023 - 2032). Due to the extensive advantages including superior technical knowledge and skill, the need for robot employment is growing across other mushrooming industries like healthcare and warehouse logistics are the key market drivers enhancing the market growth.

Autonomous Robots Market

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Autonomous Robots Market Trends

  • Growing use of cobots is driving the market growth

Market CAGR for autonomous robots is being driven by the rising use of coots. Cobots, also known as collaborative robots, are an important development in robotics. Cobots are industrial robots that are made to work securely alongside human employees, as opposed to standard industrial robots that work in fenced-off areas away from people. This allows for a more positive and effective human-robot interaction. Cobots have powerful artificial intelligence (AI) systems incorporated with them in addition to superior sensor capabilities. These AI algorithms allow cobots to comprehend human behavior and intents and adjust to them, making them easier to anticipate and less dangerous to deal with. The AI makes communicating naturally and intuitively easier for people and robots, enabling employees to connect with cobots through gestures, voice instructions, or basic programming interfaces. There are several advantages to the use of cobots in many sectors. One benefit of cobots is that they increase overall productivity by doing monotonous or physically taxing activities, freeing human employees to concentrate on more difficult and imaginative work areas. This cooperative method improves task output and efficiency while lowering the chance of repetitive strain injuries in human workers.

Autonomous robots' capabilities have been revolutionized by incorporating artificial intelligence (AI), allowing them to carry out difficult jobs more effectively and adaptable. Deep learning, machine learning, and advanced algorithms have been essential in improving the operation of autonomous robots in several different ways. AI-powered autonomous robots utilize complex algorithms to plan and optimize their pathways during navigation. To determine the most effective and secure paths to reach their objectives, these algorithms consider a variety of parameters, including barriers, geography, and real-time sensor data. Robots can gradually develop better navigational abilities through machine learning by learning from their mistakes and refining their motions in response to input from successful and unsuccessful navigational efforts. Thus, driving the Autonomous Robots market revenue.

Autonomous Robots Market Segment Insights:

Autonomous Robots Product Insights

The Autonomous Robots Market segmentation, based on product, includes unmanned ground vehicles, unmanned aerial vehicles, and unmanned marine vehicles. The unmanned aerial vehicles segment dominated the market, accounting for 47% of market revenue. Since a few years ago, there has been a significant increase in demand for UAVs in many nations due to the development of drone technology and its multiple uses. Due to increased enemy trespassing and border crossing, many nations have reported making significant UAV purchases. It is made to carry out tasks like intelligence gathering, surveillance, and reconnaissance for various missions. The aerodynamic structures are made to be used in airstrikes on predetermined targets.

Autonomous Robots Mode of Operations Insights

The Autonomous Robots Market segmentation, based on the mode of operations, includes human-operated and autonomous. The human-operated segment dominated the market. The manner of operation of autonomous robots mostly drives the move from human-operated systems to autonomous or semi-autonomous systems. The capabilities of these robots and the improvements in technology have allowed them to undertake more duties than humans previously handled. Autonomous robots can work constantly without becoming tired, taking breaks, or needing to rest. Compared to human-operated systems, they are more efficient and productive since they can do repetitive tasks with constant accuracy and speed.

Figure 1: Autonomous Robots Market, by Mode of Operations, 2022 & 2032 (USD Billion)

Autonomous Robots Market, by Mode of Operations, 2022 & 2032

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Autonomous Robots End user Insights

Based on end users, the Autonomous Robots Market segmentation includes industrial & manufacturing, medical & healthcare, aerospace & defense, oil & gas, logistics & warehouse, mining & minerals, forest & agriculture, power & energy and others. The logistics & warehouse generated the most income. Rising E-commerce sales have increased the need for facility owners to increase storage space to keep up with demand. Additionally, the cost of building warehouses and distribution centers are rising inventory levels and labor expenses, forcing warehouse operators to automate their operational processes.

Autonomous Robots Regional Insights

By region, the study provides market insights into North America, Europe, Asia-Pacific and the Rest of the World. The North American Autonomous Robots market area will dominate this market due to an increase in E-commerce sales seen in this area. Additionally, significant manufacturers engaged in this area, the quick technology adoption and significant financing from regulatory agencies to construct automated warehouses and distribution centers contribute to the market expansion.

 Further, the major countries studied in the market report are The US, Canada, German, Italy, Spain, China, France, the UK, Japan, India, Australia, South Korea, and Brazil.

Figure 2: Autonomous Robots Market SHARE BY REGION 2022 (USD Billion)

Autonomous Robots Market SHARE BY REGION 2022

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Europe has the second-largest market share for Autonomous Robots. The regional market's expansion is fueled by continued process automation in other business verticals and industries. Furthermore, the German Autonomous Robots market dominated, while the UK Autonomous Robots market grew fastest in Europe.

From 2023 to 2032, the Asia-Pacific Autonomous Robots Market will develop at the quickest CAGR. This is mostly due to the presence of regional players, both authorized and unauthorized, who are using a variety of marketing techniques to broaden their geographic reach and potentially have an influence on the global market. Furthermore, China's Autonomous Robots market had the highest market share, while India's Autonomous Robots market was the fastest expanding in the Asia-Pacific region.

Autonomous Robots Key Market Players & Competitive Insights

Leading market companies are extensively spending R&D on increasing their product lines, which will help the Autonomous Robots market grow even more. Important market developments include new product releases, contractual agreements, acquisitions and mergers, greater investments, and collaboration with other organizations. The Autonomous Robots industry must produce cost-effective merchandise to flourish and thrive in a more competitive and increasing market climate.

Manufacturing locally to reduce operating costs is an effective business strategy manufacturers use in the worldwide Autonomous Robots industry to serve clients and expand the market sector. The Autonomous Robots industry has provided some of the most important benefits recently. Major players in the Autonomous Robots market, including Juniper, Extreme Networks, Inc and others, are attempting to increase market demand by investing in research and development operations.

With almost 4,000 personnel globally, Teledyne FLIR, a Teledyne Technologies business, is a pioneer in intelligent sensing, unmanned systems, and integrated solutions for the defense and industrial industries. The 1978-founded business creates a wide range of cutting-edge solutions to assist professionals in making quicker, smarter decisions that protect lives and livelihoods. In July 2023, Indefinite Quantity (IDIQ) contract worth up to $93.9 million has been awarded to Teledyne FLIR Defence to supply the US Army with Black Hornet 3 Personal Reconnaissance Systems (PRS). The supply of the nano-unmanned aerial systems (UAS), controllers, replacement components, and training will all be covered under the initial award made under this IDIQ.

A global pioneer in robotic logistics solutions, Geek+. To achieve adaptable, dependable, and highly effective automation for warehouses and supply chain management, we provide autonomous mobile robot (AMR) systems. Geek+ is regarded as the market leader in autonomous mobile robots and has earned the trust of more than 700 influential business people worldwide. Geek+ was established in 2015 and now employs over 1500 people across offices in the US, UK, Germany, Japan, South Korea, Mainland China, Hong Kong Special Administrative Region, and Singapore. In March 2023, At ProMat2023, Geek+ presented its latest automation solutions. At the Geek+ stand, a moving robot that has been improved was on show. A mobile robot with exceptional flexibility, the M200C connects multiple production line components. The M200C may be set up to move shelves or bins, including an integrated lift. Modern safety measures and a hybrid navigation system are used.

Key Companies in the Autonomous Robots market include

  • Northrop Grumman (US)

  • Honda Motor (Japan)

  • Bluefrog Robotics (France)

  • GeckoSystems (US)

  • LG (South Korea)

  • Softbank (Japan)

  • Promobot (Russia)

  • iRobot (US)

  • DJI (China)

  • Mayfield Robotics (US)

  • Parrot (France)

  • Lockheed Martin (US)

  • 3DR (US)

  • Amazon Robotics (US)

  • Kongsberg Maritime (Norway)

  • KUKA (Germany)

  • Bluefin Robotics (US)

  • Samsung Electronics (South Korea).

Autonomous Robots Industry Developments

March 2023: The new Autonomous Mobile Robotics (AMR) portfolio from Barcodes Group offers companies intelligent automation that is simple to use and has a quick return on investment. With the expanded platform, accuracy and speed may be increased without incurring substantial costs or infrastructure changes for various applications, from manufacturing to warehousing fulfillment.

January 2022: It was decided by Iris Automation, Doosan Mobility Innovation (DMI), and Drone America to investigate the viability and potential of long-range autonomous unmanned aerial vehicles (UAVs) using Doosan's hydrogen fuel cell technology. The businesses will work together to test and assess the platforms, infrastructural requirements, and operational safety of drones for commercial purposes. The Casia detect-and-avoid (DAA) technology from Iris Automation will be available, while Drone America will concentrate on designing and making unmanned aerial vehicles.

Autonomous Robots Market Segmentation:

Autonomous Robots Product Outlook

  • Unmanned Ground Vehicle

  • Unmanned Aerial Vehicle

  • Unmanned Marine Vehicle

Autonomous Robots Mode of Operations Outlook

  • Human Operated

  • Autonomous

Autonomous Robots End-User Outlook

  • Industrial & Manufacturing

  • Aerospace & Defence

  • Oil & Gas

  • Logistics & Warehouse

  • Medical & Healthcare

  • Mining & Minerals

  • Forest & Agriculture

  • Power & Energy

  • Others

Autonomous Robots Regional Outlook

  • North America

    • US

    • Canada

  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe

  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Australia

    • Rest of Asia-Pacific

  • Rest of the World

    • Middle East

    • Africa

    • Latin America

Report Scope:

Report Attribute/Metric Details
Market Size 2022 USD 5.6 Billion
Market Size 2023 USD 6.5 Billion
Market Size 2032 USD 22.9 Billion
Compound Annual Growth Rate (CAGR) 16.90% (2023-2032)
Base Year 2022
Market Forecast Period 2023-2032
Historical Data 2018- 2022
Market Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered Type, End user, and Region
Geographies Covered North America, Europe, Asia Pacific, and the Rest of the World
Countries Covered The US, Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
Key Companies Profiled Northrop Grumman (US), Honda Motor (Japan), Bluefrog Robotics (France), GeckoSystems (US), LG (South Korea), Softbank (Japan), Promobot (Russia), iRobot (US), DJI (China), Mayfield Robotics (US), Parrot (France), Lockheed Martin (US), 3DR (US), Amazon Robotics (US), Kongsberg Maritime (Norway), KUKA (Germany), Bluefin Robotics (US), Samsung Electronics (South Korea)
Key Market Opportunities The company’s future is likely to witness a promising return on investment and growth
Key Market Dynamics The rising demand for the employment of robots across other mushrooming industries

Frequently Asked Questions (FAQ) :

The Autonomous Robots Market size was valued at USD 5.6 Billion in 2022.

The global market is projected to grow at a CAGR of 16.90% during the forecast period, 2023-2032.

North America had the largest share in the global market

The key players in the market are Northrop Grumman (US), Honda Motor (Japan), Bluefrog Robotics (France), GeckoSystems (US), LG (South Korea),.

The Unmanned Aerial Vehicle dominated the market in 2022.

The Logistics & Warehouse had the largest share in the global market.

Key Questions Answered

  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players’ financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
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