Study: AGV, AMR Market Worth $13.2B by 2026

Growth in e-commerce is the main driver for AGV/AMR demand in warehouse automation.

Logistics Iq Agv And Amr Market
LogisticsIQ

The market for mobile robots, including autonomous guided vehicles (AGV) and autonomous mobile robots (AMR) Market) is expected to reach $13.2 billion by 2026, according to LogisticsIQ. This growth is not just attributed to the Coronavirus disease (COVID-19), but also to the influx in online commerce, the increased adoption of robotics and automation and the need for many of today’s companies to implement a more flexible supply chain.

From LogisticsIQ

  •  Growth in e-commerce is the main driver for AGV/AMR demand in warehouse automation. 
  • Artificial intelligence and deep learning will also impact the way warehouses operate.
  • Around 60,000 mobile robots (AGVs and AMRs) were expected to ship in 2020.
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