Autonomous Robot Market Expected to Boom In the Next 5 Years
COVID-19 has had many of us accepting a new norm. In most states bars and gyms are still closed and restaurants are operating at a limited capacity. We know how this effects our everyday, but is it clear how this will effect the supply chain and material handling industry across the globe? According to a recent analysis from Frost & Sullivan, the US and China supply chain and material handling industry is already adapting and upon recovery mode, recovery time will be faster than other countries due to their strong position on technology development and adoption of warehouse automation solutions. In fact, the global warehouse automation market is expected to double in size expanding from $14 billion in 2019 to $27.2 billion by 2025. The automated guided vehicle segment and autonomous mobile robot segment is expected to expand largely as well.
This growing market will increase the demand for specialized talent for operation and maintenance of autonomous delivery robots. To see these technologies in action, make plans to attend ProMat , the largest manufacturing and supply chain event in North and South America, April 12-15, 2021 at Chicago’s McCormick Place. ProMat will bringing 1,000 solution providers together with 50,000 of the highest profile buyers in the manufacturing and supply chain world. You don’t want to miss this premier event!