Booming E-Commerce Industry Fueling Sales of Autonomous Mobile Robots
Posted by Devanshu Shrivastava on December 23rd, 2020
The flourishing e-commerce industry, on account of the increasing penetration of the internet and the soaring usage of smartphones, is fueling the surge in the sales of autonomous mobile robots across the world. Moreover, the growing popularity of online shopping all over the world is causing a massive rise in the demand for faster product deliveries and more efficient logistics operations. For example, according to many reports, global e-commerce sales grew by nearly 22% from 2017 to 2018.
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This was because of the mushrooming popularity of e-commerce, especially in India and China and the subsequent surge in the requirement for high efficiency in e-commerce warehouses and fulfillment centers. E-commerce warehouses and fulfilment centers need several types of robots to reduce the labor costs, improve the productivity, and to move, sort, and pick loads and machine parts and components. Because of these reasons, the expansion of the e-commerce industry is positively impacting the demand for autonomous mobile robots.
Besides the aforementioned factors, the growing requirement for automation solutions in factories and manufacturing facilities is also propelling the sales of autonomous mobile robots across the world. This is, in turn, powering the advancement of the global autonomous mobile robots market. The revenue generated by the market is predicted to increase from 29.3 billion dollar in 2019 to 220.6 billion dollar in 2030. Furthermore, the market is predicted to advance at a CAGR of 18.3% from 2020 to 2030.
This market research report provides a comprehensive overview of the autonomous mobile robots market
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About the AuthorDevanshu Shrivastava
Joined: January 31st, 2020
Articles Posted: 105
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