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SLAM Navigation AMR Market Set to Reach USD 3.13 Billion by 2030
SLAM Navigation AMR Market Set to Reach USD 3.13 Billion by 2030
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According to Next Move Strategy Consulting, the SLAM Navigation AMR Market size is predicted to reach USD 3.13 Billion registering a CAGR of 13.40% till 2030.
The increasing consumer demand for retail goods has augmented the use of robots across various industries such as food & beverage, logistics, and e-commerce, to increase their efficiency and production capabilities. AMRs are primarily used for inventory management across warehouses with inbuilt scanners to record the stocks on shelves as they are able to autonomously move using SLAM technology.
The high implementation cost of SLAM AMR technology, coupled with the lack of availability of suitable infrastructure in developing countries to integrate AMR into their existing facilities are the factors restraining the growth of SLAM navigation AMR market.
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