NEW DELHI, Sept. 19, 2024 /PRNewswire/ — According to the latest market research by LogisticsIQ (5th Edition), the Mobile Robots (AGV and AMR) Market is expected to reach ~$22 billion by 2030 with a growth rate of ~18% and ~30% for AGV and AMR respectively. We expect the installed base of AGVs and AMRs to cross 3 million units in 2030.

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Highlights of AGV (Automated Guided Vehicles) and AMR (Autonomous Mobile Robots) Market
Market Performance: Due to economic uncertainties, including capex cuts, inflation, supply chain disruptions, and geopolitical factors, the market witnessed slower growth than expected in 2023 and 2024. However, mobile robot sales are projected to exceed $6 billion in 2024.Future Growth: Over 700,000 mobile robots (AGVs and AMRs) are expected to be shipped by 2030, reaching an installed base of 3 million globally.AMR Market Surge: AMRs are anticipated to grow at a CAGR of over 30% between 2024 and 2030, surpassing AGVs in market share and shipments by 2030.Leading Markets: The United States, Germany, and China will dominate the market, with a combined annual demand of over 350,000 mobile robots by 2030.Applications and Technology
Goods-to-Person (G2P) and Person-to-Goods (P2G) AMRs: Both systems are growing in popularity, each with distinct advantages based on warehouse needs. Locus Robotics, a leading P2G vendor, reached 3 billion total picks across global deployments in April 2024.Emerging Robot Categories: Picking Robots, Manipulator Robots, Case Handling Robots, and Sortation Robots will play a vital role in fulfillment centers by 2030. RightHand Robotics recently signed a multi-year deal with Staples Inc. to deploy its RightPick™ system to enhance next-day delivery operations across 98% of the U.S.China’s Role: We expect China to become a hub for Autonomous Mobile Robots (AMRs), benefiting from labor cost advantages and high domestic consumption. Geekplus, a key player in the Chinese market, has successfully deployed over 170 tote-based AMR systems globally.Advanced Navigation: After QR code technology, LiDAR, Vision Cameras, and Sensor Fusions are becoming essential for enhanced accuracy and safety in navigation. Sensor Fusion AMRs are projected to grow by 70%. Specialized Autonomy Service Providers are collaborating with mobile robot manufacturers to develop these technologies using AI and Machine Vision.Emerging Applications
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.Purchase the full report on the Mobile Robots Market – Growth, Trends, and Forecast
Top Factors & Challenges in the AGV and AMR Market
Industry 4.0 and Automation: 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. Robotics is an important aspect of this automation and may contribute more than 20% in Warehouse Automation Market opportunity worth more than $55BE-commerce growth: Growth in e-commerce is the main driver for AGV/AMR demand in warehouse automation. Global e-Commerce sales have grown at a CAGR of 20% over the last decade, reaching more than $5 trillion worldwide in 2024, and expected to grow to ~$9 trillion by 2030. The share of online retail sales has gone from 2% of total to ~15%, and is further expected to reach ~25% by 2030.Rising Personnel Costs: High personnel costs and wage rates are especially high in the developed countries. Annual costs for a forklift operator can run up to $50,000, with round the clock operations driving up costs to over $200,000.AI and Deep Learning: Artificial Intelligence and Deep learning transforming warehouse operations and services. In 2023, SoftBank announced $100M investment to set up an artificial intelligence-oriented warehousing joint venture with Symbotic called GreenBox Systems. As per the announcement, SoftBank will also buy $7.5 billion of Symbotic’s AI-powered systems for its warehouses.RaaS and Leasing Options: Robots-as-a-Service (RaaS) models are becoming popular, reducing upfront costs. Flexible payment options such as “Pay Per Pick”, “Pay Per Mile”, “Pay Per Peak Day” allow warehouse operators to balance OpEx and Capex.Safety Challenges: While AGVs and AMRs are designed to operate safely around humans, safety requirements differ across industries. Ensuring compliance with safety standards is critical, particularly for service robots operating in public spaces such as malls, grocery stores, and hospitals.Cloud-Based Autonomy: Advanced AI-based autonomy platforms are migrating to the cloud for remote monitoring and scalability. For example, Continental Mobile Robots has collaborated with AWS to develop a cloud-based autonomy stack, offering features such as remote debugging and streamlined deployment processes.Key Players Analysed
AGV & AMR: Geek+, Quicktron (Flashhold), ForwardX Robotics, GreyOrange, HikRobot (HikVision), Mobile Industrial Robots – MiR (Teradyne), inVia Robotics, 6 River Systems – 6RS (Ocado Group), Fetch Robotics (Zebra), JATEN, Onward Robotics (IAM Robotics), Locus Robotics, Vecna Robotics, Waypoint Robotics (Locus Robotics), Tompkins Robotics, Scallog, OTTO Motors (Clearpath Robotics, Rockwell Automation), GIDEON Brothers, Magazino GmbH (Jungheinrich), NextShift Robotics (JASCI), AutoGuide Mobile Robots (MiR, Teradyne), EiraTech Robotics, Aethon (ST Engineering), Prime Robotics (BLEUM), HAI Robotics, Bionic HIVE, Oppent, PAL Robotics, Matthews Automation Solutions (Matthews International), GUOZI Robotics, CAJA Robotics, Omron (Adept Technology), Guidance Automation (Matthews International), Syrius Robotics, MALU Innovation (JD), Eurotec (Lowpad), Mitsubishi Logisnext Europe Oy (Rocla), NeoBotix, JBT Corporation, Transbotics (Scott Group), CSG Huaxiao, EK-Robotics (EK Automation), OCEANEERING, Wellwit Robotics, Logistic-Jet, SEEGRID, BALYO, Mushiny, TÜNKERS Maschinenbau GmbH, CPM – Dürr Group, SEER, FlexQube, IDEALworks GmbH, Continental Mobile Robots, SEER, DS Automotion (SS Schaefer)System Integrators (SI): Daifuku, Dematic (KION Group), SSI-Schaefer, Vanderlande (Toyota Advanced Logistics), Swisslog (KUKA), Knapp, Murata Machinery Ltd., Elettric 80, Beumer Group, Witron Logistik + Informatik, TGW Logistics, Grenzebach GmbH, FIVES Group, Honeywell Intelligrated, Bastian Solutions (Toyota Advanced Logistics), Material Handling System (MHS), Jungheinrich AG, LODIGE Industries, ViaStore Systems, Interlake Mecalux, Kardex, AutoStore, DMW&H, Westfalia, Dambach AG, PSB intralogistics GmbH, SIASUN Robot Automation Co., Ltd., SAVOYE, OPEX Corporation, System Logistics (Krones Group), GÜDEL, Addverb Technologies, Lodamaster Group, KPI Integrated Solutions, Wayzim TechnologyAutonomy Service Providers (ASP): Brain Corporation, Bluebotics, KOLLMORGEN, Autonomous Solutions, Inc. (ASI), MOVEL AI, MOV AI, FREEDOM ROBOTICS, ROBOMINDS, PERCEPTIN, ROMB Technologies, Balyo, Seegrid, Vecna RoboticsMachine Vision & Imaging: Basler AG, Keyence, Omron Microscan, CognexDisinfection Robots: UVD Robotics, Sarcos Robotics, Techmetics Robotics, Wellwit, Geek+, Fybots, Sherpa, Akara, MiR, Sesto, LionsBot, SmartGuardUV, Milvus, Revotonix, YouiBotRetail & Inventory Management Robots: Bossa Nova Robotics, Simbe Robotics, Badger Technologies, Lowe’s – LoweBot (Powered by Fellow AI), Fetch Robotics, Brain CorporationIndoor Delivery Robots: Bear Robotics, Keenon Robotics, Savioke Inc., Rice Robotics, Pudu, PAL Robotics, Keenon, Savioke, Segway Robotics, Anscer, AethonSecurity and Inspection Robots: Cobalt Robotics, Knightscope Robotics, OTSAW Digital, SMP Robotics, Enova, Secom, AgileXTele-operated / Telepresence Robots: Diligent Robotics, Ohmni Labs, AVA Robotics, GoBe Robotics, Double Robotics, Temi RoboticsCleaning Robots: Softbank Robotics, Avidbots, Gaussian Robotics, LionsBotHospital Support Robots: Revotonix L.L.C, Jetbrain, Aethon, MiR, MeanWhile, Keenon, Savioke, ABB, DiligentAgriculture Robots: Bogaerts, Harvest Automation, AIS, Katif, Naio Technologies, RobotnikDelivery Robots (Last Mile Delivery Robots): STARSHIP, NURO AI, Tele Retail, Kiwibot, Robby Technologies, Postmates, Eliport, Hello World Robotics, OTSAW, JD.com, ScoutBattery & Chargers: LG Chem (LG Energy Solutions), Crown Equipment Corporation, East Penn Manufacturing, EnerSys, SBS, iN2Power, Wiferion, Inventus Power, Toshiba SCiB, Conductix-WampflerMotion Control & Robotic Components: Advance Motion Control, Kollmorgen, Energid (Teradyne), Harmonic Drive System, Parker, Elmo Motion, CGI, Brother, Nidec, Allied Motion, SEW Eurodrive, Pilz, Nord, MurrelektronikKnow more about AGV and AMR Market – Top Players, Cost Analysis, Competition, and Customer Expectation
What will you get in this report?
500 Pages and 160+ Exhibits Market ReportRevenue and Shipment data segmented:By form factor (Deck-load, Tugger/Pull, Forklift)By Navigation (Tape/Wire/Magnet, Reflector, QR Codes, LiDAR, Camera, Sensor, Fusion)By Function (Goods to person (G2P), Person to Goods (P2G), Conveying, Piece picking, Towing, Pallet Handling)By Application (Manufacturing, Logistics and Warehousing, Shipping, Delivery, Cleaning, Security, Hospital, Retail)Detailed excel file with 150+ market tables (Revenue and Shipment) including forecast till 2030A bottom-up analysis of AGV AMR market for 19 countries (United States, Canada, Germany, UK, France, Italy, Spain, Nordics, China, Japan, South Korea, Australia, India, Taiwan, Thailand, Malaysia, Singapore, Indonesia, Phillippines) in 5 regionsIn-depth analysis of 700 companies in the ecosystem with more than 160 company profiles.Focus Group Discussion with 100+ key industry stakeholders across the value chain to collect the first-hand information to validate our analysis. Stakeholders include components and technology providers, system integrators, robot manufacturers (OEM/ODM), robotic software & service providers, and end-user industry verticals. Apart this, study also focuses on different components and integral parts of AGV/AMR like Motion Control, Batteries & Chargers, Cameras / Vision Sensor, LiDAR, Sensor Fusion, QR Code and Wireless Communication.2 Analyst Sessions to brainstorm furtherInvestment details excel file with 175+ M&A and ~1000 funding dealsLogisticsIQ™ Exclusive Market Map (700+ Players across more than 15 categories)About LogisticsIQ
LogisticsIQ is a dedicated market research and advisory firm in Logistics & Supply Chain sector, empowering decision makers from top fortune 1000 companies, financial and research institutions, private equity and high potential start-ups with market insights to make better decisions. We enable this by analysing the right mix of the best data, the best research methodologies, and the best industry panel to deliver value to our clients.
Media ContactName: Sunny M.Email: [email protected]: +91-952-918-4938
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LAS VEGAS, Sept. 19, 2024 /PRNewswire/ — Mediwave, a leader in emergency response solutions for prehospital care, made a significant impact at EMS World 2024, the largest Emergency Medical Services (EMS) convention in the United States, held at the Las Vegas Convention Center. Earlier this year, Mediwave launched the world’s first end-to-end emergency response suite powered by Artificial Intelligence (AI) and Augmented Reality (AR), further solidifying its position as an industry pioneer in the U.S. market by introducing its groundbreaking solution at the event through live demonstrations.

AI and AR-Powered Emergency Response Suite
At EMS World 2024, Mediwave unveiled its AI and AR-powered Emergency Response Suite, an integrated solution that consists of three core solution pillars: 
Intelligent Dispatch: Integrated with Emergency Response Management Systems (ERMS) and Electronic Patient Care Reporting (ePCR), the system optimizes response times through geo-fencing and route optimization, providing the fastest ambulance dispatch rather than merely the nearest.Connected Ambulances: Equipped with 4G/5G and Internet of Medical Things (IoMT), the solution enables remote monitoring and real-time data transmission of vital signs, facilitating rapid triage during patient transport.Intelligent EMT: Features an AI assistant for form-filling and validation for incident reports and patient care reporting, along with AR headsets for hands-free, immersive care.AI-Assisted ePCR Tool: A Game-Changer in EMS
A highlight of Mediwave’s technology is the AI assistant designed for first responders. Donnie Woodyard, an industry expert with over 30 years of experience as a paramedic and EMS system leader working closely with Mediwave, shared his on-site experience, “In hundreds of live demos of the AI assistant tool conducted at EMS World at the Mediwave booth, the solution consistently demonstrated over 99% accuracy in charting in most cases, completed in just seconds. This is a landmark achievement and the first of its kind, designed to meet the unique demands of EMS. I’m excited to work alongside this remarkable team to help the EMS industry thrive in the age of intelligent technology.”
Case Study: A Global Benchmark for EMS Technology Adoption
Mediwave’s innovations have already proven successful in real-world applications. The 1990 Suwa Seriya ambulance service in Sri Lanka, powered by Mediwave’s end-to-end emergency response suite, serves as a global benchmark for EMS technology adoption, achieving an impressive national response time of under 12 minutes. Recently cited by the World Bank as one of the most technologically advanced and fastest ambulance services in the world, Suwa Seriya exemplifies the transformative power of Mediwave’s solutions on a global scale.
Forging Ahead: AI and AR in EMS
Suren Pinto, Founder and CEO of Mediwave stated, “The future of EMS is being shaped right now. The overwhelming response at EMS World reaffirmed our mission in the prehospital care arena. As a first mover in the U.S. with our integrated AI and AR emergency response suite, Mediwave is proud to lead the way in delivering smarter, faster, and more effective emergency care solutions.”
Mediwave’s emergency response technology sets a new global standard for prehospital care. By leveraging AI and AR, the company enhances patient outcomes, operational efficiencies through technology integration for heightened situational awareness, and first responder mastery across the EMS sector and beyond.
About Mediwave
Headquartered in Singapore, Mediwave is a leading-edge digital healthcare solution provider, driving the future of prehospital emergency care with AI, IoMT, and Mixed Reality technologies designed for first responders and EMS agencies. Learn more: www.mediwave.io
Video – https://www.youtube.com/watch?v=XhDYxnkYKVk

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IFS’s industry-leading ERP solution will be used to drive operational efficiencies in multiple countries
LONDON, Sept. 19, 2024 /PRNewswire/ — IFS, the leading provider of enterprise cloud and Industrial AI software, today announced that the world’s largest independent renewable energy company, RES, has selected IFS Cloud to support its business as it seeks to align operational procedures and continued global growth.

IFS Cloud’s combination of enterprise-class operational ERP proficiency, leading service management and asset management capabilities within a single, integrated platform will enable RES to support all its global processes.
IFS Cloud is ideally suited to meet RES’ needs. The solution’s twice-yearly updates ensure RES can quickly take advantage of new functionality as soon as it is released through a planned update cadence, while the composable nature of IFS Cloud enables RES to integrate new capabilities and innovation. RES can also use IFS Cloud to access one version of the truth from a single common data source, thereby having greater visibility over operations and make faster, more informed decisions.
Henrik Brandt, Chief Financial Officer, RES, said: “Investing in IFS Cloud gives us enhanced control over all our business activities, which will help us to drive operational efficiencies. With IFS Cloud, we will have access to clear business information for decision-making and will be able to achieve faster time to decisions as a result.”  
Mark Moffat, CEO, IFS, said: “RES is a bold, innovative renewable energy company that fully understands the strategic importance of asset and service centric ERP software and the potential of harnessing it to drive efficiencies across its business. We are confident that IFS Cloud will allow them to manage development and construction projects, deliver efficient asset operations, get visibility into project costs, and standardize processes across their entire business more effectively.”
About RES
RES is the world’s largest independent renewable energy company, working across 24 countries and active in wind, solar, energy storage, biomass, hydro, green hydrogen, transmission, and distribution. An industry innovator for over 40 years, RES has delivered more than 26 GW of renewable energy projects across the globe and plans to bring more than 22 GW of new capacity online in the next five years.
As a service provider, RES has the skills and experience in asset management, operations and maintenance (O&M), and spare parts – supporting 41GW of renewable assets across 1,300 sites. RES brings to the market a range of purposeful, practical technology-based products and digital solutions designed to maximise investment and deployment of renewable energy.
RES is the power behind a clean energy future where everyone has access to affordable zero carbon energy bringing together global experience, passion, and the innovation of its 4,500 people to transform the way energy is generated, stored and supplied. Visit: www.res-group.com
About IFS
IFS is the world’s leading provider of Industrial AI and enterprise software for hardcore businesses that make, service, and power our planet. Our technology enables businesses which manufacture goods, maintain complex assets, and manage service-focused operations to unlock the transformative power of Industrial AI™ to enhance productivity, efficiency, and sustainability.
IFS Cloud is a fully composable AI-powered platform, designed for ultimate flexibility and adaptability to our customers’ specific requirements and business evolution. It spans the needs of Enterprise Resource Planning (ERP), Enterprise Asset Management (EAM), Supply Chain Management (SCM), Information Technology Service Management (ITSM), and Field Service Management (FSM). IFS technology leverages AI, machine learning, real-time data and analytics to empower our customers to make informed strategic decisions and excel at their Moment of Service™.
IFS was founded in 1983 by five university friends who pitched a tent outside our first customer’s site to ensure they would be available 24/7 and the needs of the customer would come first. Since then, IFS has grown into a global leader with over 6,500 employees in 80 countries. Driven by those foundational values of agility, customer-centricity, and trust, IFS is recognized worldwide for delivering value and supporting strategic transformations. We are the most recommended supplier in our sector. Visit ifs.com to learn why.
CONTACT: [email protected]
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