The growth prospects of the autonomous mobile robot (AMR) industry were already in motion before the COVID-19 pandemic began. Now, it’s set to explode, and businesses that invest in robotics will be rewarded with more robust operations and increased productivity.
This prediction is one of the key takeaways from a new ABI Research report entitled, “The Business Value of Autonomous Mobile Robots in the Wake of COVID-19.” The 15-page report, a collaboration with Brain Corp, explores the growth potential and value of AMRs in the wake of the global health crisis.
“Those end users that begin deploying AMRs now will be rewarded with a more robust operation that can be trusted to operate in a world where pandemics and other major externalities are increasingly prevalent,” writes author Rian Whitton, a senior analyst at ABI Research, a leading technology analyst firm that covers the global robotics industry.
“Those that are slow to incorporate this promising technology will not just see lower productivity, but will miss out on the dividends paid by robotic platforms, which will be a key generator for data analysis and IoT insights in the next 5 to 10 years.”
Whitton says the onset of the coronavirus has upended the global economy, causing significant disruption to worker operations and cripping supply chains, especially in retail. “Cue the need for public-facing AMRs to supplement human labor and carry out dull, dirty, and dangerous tasks,” he states. Robotic applications for cleaning and maintenance, inventory management and data collection, and material handling and in-store delivery as high-growth areas, will see the biggest upticks, according to the report.
Other major takeaways include:
“To the end users, the OEM model means a more cost effective solution with greater flexibility and a shorter time to market. It is therefore not surprising that end users like Walmart and others have been deploying thousands of autonomous ride-on scrubbers,” Whitton says.
When choosing a robotic partner, Whitton says end users should focus on pedigree and experience, i.e., technology companies that have deployed thousands of robots, not hundreds. The larger scale provides more access to edge cases, which are used to refine the software and improve user experiences.
To read more, including Whitton’s exclusive recommendations for implementing a 24-month strategy for deploying robotic solutions, download the entire report.