Growth Opportunities in AGVs and AMRs for Manufacturing, Global, 2024–2029

This study explores the potential growth opportunities for AGVs and AMRs in discrete manufacturing industries. The emphasis on improving operational efficiencies is driving customers to increasingly adopt Industry 4.0 technologies. Moreover, there is a trend toward mass customization in industries such as automotive, electronics, and semiconductors, which is paving the way for flexible manufacturing practices. Agile manufacturing requires seamless intralogistics operations that enhance growth opportunities for AGVs and AMRs.

Rising labor costs, coupled with the demand to maintain high throughput without compromising quality, are resulting in increased interest in robotic automation. Advancements in navigation technologies and AI are significant drivers for the adoption of AGV and AMR in manufacturing industries. These robots are used extensively in warehouse automation and are gradually gaining prominence in discrete manufacturing.
This study outlines factors driving and restraining the growth of AGVs and AMRs in discrete manufacturing and their anticipated impact throughout the forecast period (2024–2028). Trends such as artificial intelligence (AI), autonomous navigation, modular design, and cloud platforms will augment robots' environmental awareness, functionality, and operational capabilities.

Author: Ram Ravi