Finding Automation

Mobile Robot Market Forecast For 2027

Keegan Dillon • Dec 15, 2022

The mobile robot market forecast for 2027

According to research performed by Interact Analysis, the mobile robot market will be steadily increasing over the next five years. Even though mobile robot technology has become reputable, there is an incredibly huge market size with lots of opportunities to grow larger. The market for mobile robots will be in demand as the manufacturing industry grows and global and United States labor shortages continue into 2030.
Locus Mobile Robot

Mobile Robot Forecast:

Even though covid slowed down the manufacturing industry, this sector continued to grow. Many companies delayed purchases, so shipments of mobile robots in 2021 produced an astonishing 70%, surpassing 100,000 robots sold. Although the forecasts changed slightly because of covid, the overall mobile robot forecast for 2027 remains relatively strong.

It is now expected that by 2027, more than 4 million mobile robots will be installed in manufacturing facilities worldwide. The demand for autonomous mobile robots (AMR) and automatic guided vehicles (AGV) is expected to be very strong going into 2027. However, AMR will grow more significantly because of the possible applications that the robot can do.

Logistic companies will still be the leading purchaser of these types of robots, but the possibilities in manufacturing applications lean towards new opportunities for robot companies to introduce their products.
Mobile Robot

Mobile Robot Market Size:

The chart trends of each region show that the shelf to person (S2P) robots lead in China and APAC, while order fulfillment center robots are the top purchased type for the Americas and EMEA. 

The United States is projected to have massive revenue growth in this area, with its market size reaching almost $6 billion by 2027. The EMEA is second, with a market size of $5 billion by 2027. China is expected to account for nearly 40% of the robot shipments because of the demand for lower-cost robots. APAC is expected to have slower growth because of the regional sale prices of the technology.

Mobile Robot Revenue Growth:

Of the mobile robot manufacturing companies, Geek+ and its extensive product line of robots currently hold the market share of worldwide revenue. China was the leader in revenue growth the last year, and Geek+ was their most prominent supplier of robots. HikRobot and KION were second and third in robots supplied to China.

Robot pricing is expected to fail by 10% - 15% as shipments double. The region dictates these robots’ transportation methods, affecting potential future growth opportunities in those areas. Projecting into 2027, the material transportation sector should control the mobile robot shipments, but sales volume will be driven by conveying solutions.

Mobile Robot Transportation Methods:

Below we list the different types of transportation methods used with mobile robots.
  • Goods to Person
  • Robot Shuttle
  • Moving
  • Forklift
  • Sorting
  • Smart Warehouse
  • Smart Factory
  • Towing
Mobile Robot Forecast Revenue

Mobile Robot Market Forecast Conclusions:

Below are some of the mobile robot key takeaways from today’s article.
  • 4 million mobile robots in use by the end of 2027
  • 70% shipment growth in 2021
  • The United States is expected to purchase the most mobile robots
  • China currently has the most mobile robots
  • Outside of China, EMEA, and the United States, growth is only expected to double
  • AMR growth is expected to be more than AGV growth
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