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Top Factors & Challenges - Automation is the key focus in manufacturing and logistics sector as a part of Industry 4.0 and Supply Chain 4.0 initiatives for continuous growth and sustainability. Purchase the full report on the Mobile Robots Market - Growth, Trends, and Forecast Delivery, Security, and Cleaning are the emerging applications to target with an attractive growth of 30% apart from logistics and manufacturing although absolute market size is relatively low. There are dedicated companies (Autonomy Service Providers) for navigation technology and software who are supporting mobile robot manufacturers to build such capabilities with the help of AI and Machine Vision. Even Sensor Fusion AMRs are expected to grow with 70% growth rate. After QR code, LiDAR, Vision Cameras and Sensor Fusions are the key navigation technologies to be commercialized in this space due to flexibility, safety concerns and higher accuracy. China is supposed to be hub for Autonomous Mobile Robots, both in terms of demand and supply as it is expected that Made in China AMRs will be 30%-40% more economical due to labour cost advantages and huge volume consumption in China itself. Picking Robots, Manipulator Robots, Case Handling Robots, and Sortation Robots are going to emerge as a new important category by 2028, specially in micro-fulfillment space. It depends on what exactly can be more efficient and cost-effective solution for your existing or new warehouse. Goods to Person (G2P) and Person to Goods (P2G), both type of AMRs are having their own market with some advantages and disadvantage. United States, Germany, U.K., and China are going to lead the market with an annual demand of more than 350,000 mobile robots (AGV & AMR) by 2028. Around 670,000 mobile robots (AGVs & AMRs) are expected to be shipped in 2028 only with an installed base of 2.7 million - AMRs are supposed to grow with a CAGR of 37% between 20 and are going to be more attractive market as compared to AGVs by 2028 with relatively more shipment and TAM share. Highlights of AGV (Automated Guided Vehicles) and AMR (Autonomous Mobile Robots) Market - Industry witnessed a good growth in 2022 despite of customers' capex cut, inflationary pressure, supply chain disruption & geopolitical uncertainties and registered approximate USD 5 Billion sales in 2022.