Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking and Finance Review - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Top Stories > Autonomous Mobile Robots: More Diversity Than First Meets the Eye Finds IDTechEx Research
    Top Stories

    Autonomous Mobile Robots: More Diversity Than First Meets the Eye Finds IDTechEx Research

    Published by Gbaf News

    Posted on May 24, 2018

    13 min read

    Last updated: January 21, 2026

    The image depicts Vodafone's CEO discussing strategic mergers in Europe, highlighting the company's pursuit of growth opportunities for long-suffering investors amidst regulatory changes.
    Vodafone's CEO discusses mergers and market consolidation - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Autonomous mobility, in the general public’s eye, is now synonymous with cars. Whilst this might be the largest ultimate prize, it is by no means the only commercial manifestation of this technology. Indeed, as the IDTechEx Research report New Robotics and Drones 2018-2038: Technologies, Forecasts, Players demonstrates, numerous autonomous mobile robots (AMRs) are being commercialized in applications where there is (a) a clear commercial purpose and (b) a more structured and predictable environment.

    IDTechEx review this trend below, showing these autonomous mobile robots are automating tasks in areas as diverse as security, retail, warehouses, delivery, agriculture, and the home environment.

    Warehouses: e-commerce is on the rise across the world. This requires faster delivery of multi-item packages to customers. Indeed, the push is to cut down delivery times to a point that the key advantages of bricks-and-mortar shops- the instant fulfilment- disappears. Mobile robots are helping here. Grid-based automated robots are very popular today. They operate in robot-only zones, follow printed regularly-spaced QR codes for navigation, and shuttle around special totes to human-staffed picking/packing station. They can regularly enable 300 picks per hour with some reporting even 500 picks per hour in special cases. They also enable more compact warehouses since shelves can be packed close together, given that robots slide underneath them. In this regard, the market has responded strongly to fill the gap when Kiva was taken off the market by Amazon. Today companies around the world, in the US, Europe, India and China, are reporting a rapid rise in installations.

    In parallel to this, AMRs are also appearing. They offer more flexible, collaborative and hybrid work arrangements and cut the installation, and work flow modification, times. They are getting increasingly more adept and trust levels are rising to assign them increasingly heavier loads. To read more see the IDTechEx Research report Mobile Robots and Drones in Material Handling and Logistics 2018-2038.

    Last mile delivery: The last mile of the delivery chain is its least productive. In contrast to other steps where large payloads traverse fixed routes, here small payloads are delivered to customized destinations. As such, this step represents more than 50% of the total cost. Today, this last step is accomplished by a man-in-a-van, a man-on-a-bike or a man-on-a-motorbike. Autonomous mobile robots now seek to automate this step and thus raise productivity. To this end, we are seeing the emergence of small AMRs. These travel at slow paces, carry small loads, and deliver only in fairly structured spaces with low congestion and/or under close supervision. As such, they offer poor conductivity. The secret, as IDTechEx have said before, however, lies in fleet-level productivity. Autonomy eliminates the driver overhead per vehicle thus enabling cost effective fleet operation. As such, even if individual units are less productive than current modes, the fleets can be more productive and cost competitive. For more visit http://www.IDTechEx.com/mobile.

    Agriculture: Already agriculture is the leading adapter of autonomous mobility technology. For years, level-3 and level-4 autonomous tractors equipped with RTKLS GPS technology have been selling on the markets. Now these tractors are tending towards full autonomy. To this end, for several years now, we have seen working semi-commercial prototypes of fully autonomous (level 5) tractors with and without a cab. The technology is ready, but cost of sensor suites is still too high and behavioural resistance towards adoption exists. However, these barriers are only temporary as the march towards higher levels of productivity is unstoppable in the long term, and agriculture has shown that once a new technology is proven it will adopt it.

    In parallel the rise of autonomy mobility can lead to a paradigm shift. Here, we can see the rise of fleets of autonomous, small, slow, and lightweight agricultural robots. These too will be less productive than a powerful tractor on an individual unit basis, but in some applications they will prove more productive on a fleet level. This is only made possible because autonomous mobility eliminates the driver overhead per vehicle. See the report Agricultural Robots and Drones 2018-2038: Technologies, Markets and Players for more.

    Security: The provision of private security is a major business worldwide. In the US alone, 1.1 million are employed in this sector earning around $30k per annum each. AMRs are now seeking to enter into this market as security guards, both for indoor and outdoor applications, such as in data centres, utility and oil/gas centres, solar farms, shopping malls, offices, other forms of commercial property, plants, and so on. These are sensor laden robots. In typical arrangements, they include cameras, two-way audio system thermal sensors, gas sensors, and so on. For outdoor purposes, these security robots are more rugged and can reply on GPS, whereas for indoor they require GPS free autonomy together with sleeker designs. These robots will not fully replace human workers. Instead, they will mainly complement them by automating tedious tasks. As with many other forms of mobile robots, they will change the nature of the job, putting an emphasis on the remote control of fleets. To read more see the report New Robotics and Drones 2018-2038: Technologies, Forecasts, Players.

    Retail: Autonomous mobile robots are beginning to be used in retail environments on the shop floor too. While initially humanoid robots have been used at store entrances, particularly in Japan, to entice people to the store and ask questions, more recently many companies are developing AMRs. Their uses include: mapping the store, monitoring stock levels and offering data analytics to help with product positioning and placement, guiding or walking the customers to their required item, monitoring regulation and health/safety compliance and so on. Today these robots are being employed in apparel stores and supermarkets in very small numbers. These are still very much the early days, but the fact that big supermarket operates are running notable nationwide trials in the US is in itself promising. Here too, if safety is ensured, the long-term march towards high productivity with increased automation in retail environments will be inevitable. For more see New Robotics and Drones 2018-2038: Technologies, Forecasts, Players.

    Home: The home environment has long been a market for autonomous mobile robots. Indeed, they have been around since the early 1990s. Today, they are in the market proliferation phase particularly in Asia markets including China. Indeed, the number of companies is multiplying with many seeking to challenge the dominance of iRobot, the market leader. This market has also entered its commoditization phase, with products often looking similar and competition shifting primarily towards price (although differentiate on features such as suction power remains). Technology wise, these robots are mature. The navigation has largely shifted from random movement to intelligence path planning, and the robot is being given connectivity capabilities to position it as the centre of the emerging smart home ecosystem. In parallel, attention is shifting towards larger-sized autonomous cleaning units aimed at commercial spaces such as hotels and shopping centres, whilst suppliers are doubling their effort to offer wet cleaners, window cleaners, and so on. To read more visit http://www.IDTechEx.com/robotics.

    To learn more about emerging AMRs please see the IDTechEx Research report New Robotics and Drones 2018-2038: Technologies, Forecasts, Players. Here, IDTechEx explain a variety of markets in detail and offer our insights into future market developments including potential for commoditization of the hardware and software as well as the risk of business scene consolidation. The report identifies and profiles all the key companies worldwide working on AMRs. Finally, it offers short-, medium- and long-term market projections in market value and unit numbers.

    Autonomous mobility, in the general public’s eye, is now synonymous with cars. Whilst this might be the largest ultimate prize, it is by no means the only commercial manifestation of this technology. Indeed, as the IDTechEx Research report New Robotics and Drones 2018-2038: Technologies, Forecasts, Players demonstrates, numerous autonomous mobile robots (AMRs) are being commercialized in applications where there is (a) a clear commercial purpose and (b) a more structured and predictable environment.

    IDTechEx review this trend below, showing these autonomous mobile robots are automating tasks in areas as diverse as security, retail, warehouses, delivery, agriculture, and the home environment.

    Warehouses: e-commerce is on the rise across the world. This requires faster delivery of multi-item packages to customers. Indeed, the push is to cut down delivery times to a point that the key advantages of bricks-and-mortar shops- the instant fulfilment- disappears. Mobile robots are helping here. Grid-based automated robots are very popular today. They operate in robot-only zones, follow printed regularly-spaced QR codes for navigation, and shuttle around special totes to human-staffed picking/packing station. They can regularly enable 300 picks per hour with some reporting even 500 picks per hour in special cases. They also enable more compact warehouses since shelves can be packed close together, given that robots slide underneath them. In this regard, the market has responded strongly to fill the gap when Kiva was taken off the market by Amazon. Today companies around the world, in the US, Europe, India and China, are reporting a rapid rise in installations.

    In parallel to this, AMRs are also appearing. They offer more flexible, collaborative and hybrid work arrangements and cut the installation, and work flow modification, times. They are getting increasingly more adept and trust levels are rising to assign them increasingly heavier loads. To read more see the IDTechEx Research report Mobile Robots and Drones in Material Handling and Logistics 2018-2038.

    Last mile delivery: The last mile of the delivery chain is its least productive. In contrast to other steps where large payloads traverse fixed routes, here small payloads are delivered to customized destinations. As such, this step represents more than 50% of the total cost. Today, this last step is accomplished by a man-in-a-van, a man-on-a-bike or a man-on-a-motorbike. Autonomous mobile robots now seek to automate this step and thus raise productivity. To this end, we are seeing the emergence of small AMRs. These travel at slow paces, carry small loads, and deliver only in fairly structured spaces with low congestion and/or under close supervision. As such, they offer poor conductivity. The secret, as IDTechEx have said before, however, lies in fleet-level productivity. Autonomy eliminates the driver overhead per vehicle thus enabling cost effective fleet operation. As such, even if individual units are less productive than current modes, the fleets can be more productive and cost competitive. For more visit http://www.IDTechEx.com/mobile.

    Agriculture: Already agriculture is the leading adapter of autonomous mobility technology. For years, level-3 and level-4 autonomous tractors equipped with RTKLS GPS technology have been selling on the markets. Now these tractors are tending towards full autonomy. To this end, for several years now, we have seen working semi-commercial prototypes of fully autonomous (level 5) tractors with and without a cab. The technology is ready, but cost of sensor suites is still too high and behavioural resistance towards adoption exists. However, these barriers are only temporary as the march towards higher levels of productivity is unstoppable in the long term, and agriculture has shown that once a new technology is proven it will adopt it.

    In parallel the rise of autonomy mobility can lead to a paradigm shift. Here, we can see the rise of fleets of autonomous, small, slow, and lightweight agricultural robots. These too will be less productive than a powerful tractor on an individual unit basis, but in some applications they will prove more productive on a fleet level. This is only made possible because autonomous mobility eliminates the driver overhead per vehicle. See the report Agricultural Robots and Drones 2018-2038: Technologies, Markets and Players for more.

    Security: The provision of private security is a major business worldwide. In the US alone, 1.1 million are employed in this sector earning around $30k per annum each. AMRs are now seeking to enter into this market as security guards, both for indoor and outdoor applications, such as in data centres, utility and oil/gas centres, solar farms, shopping malls, offices, other forms of commercial property, plants, and so on. These are sensor laden robots. In typical arrangements, they include cameras, two-way audio system thermal sensors, gas sensors, and so on. For outdoor purposes, these security robots are more rugged and can reply on GPS, whereas for indoor they require GPS free autonomy together with sleeker designs. These robots will not fully replace human workers. Instead, they will mainly complement them by automating tedious tasks. As with many other forms of mobile robots, they will change the nature of the job, putting an emphasis on the remote control of fleets. To read more see the report New Robotics and Drones 2018-2038: Technologies, Forecasts, Players.

    Retail: Autonomous mobile robots are beginning to be used in retail environments on the shop floor too. While initially humanoid robots have been used at store entrances, particularly in Japan, to entice people to the store and ask questions, more recently many companies are developing AMRs. Their uses include: mapping the store, monitoring stock levels and offering data analytics to help with product positioning and placement, guiding or walking the customers to their required item, monitoring regulation and health/safety compliance and so on. Today these robots are being employed in apparel stores and supermarkets in very small numbers. These are still very much the early days, but the fact that big supermarket operates are running notable nationwide trials in the US is in itself promising. Here too, if safety is ensured, the long-term march towards high productivity with increased automation in retail environments will be inevitable. For more see New Robotics and Drones 2018-2038: Technologies, Forecasts, Players.

    Home: The home environment has long been a market for autonomous mobile robots. Indeed, they have been around since the early 1990s. Today, they are in the market proliferation phase particularly in Asia markets including China. Indeed, the number of companies is multiplying with many seeking to challenge the dominance of iRobot, the market leader. This market has also entered its commoditization phase, with products often looking similar and competition shifting primarily towards price (although differentiate on features such as suction power remains). Technology wise, these robots are mature. The navigation has largely shifted from random movement to intelligence path planning, and the robot is being given connectivity capabilities to position it as the centre of the emerging smart home ecosystem. In parallel, attention is shifting towards larger-sized autonomous cleaning units aimed at commercial spaces such as hotels and shopping centres, whilst suppliers are doubling their effort to offer wet cleaners, window cleaners, and so on. To read more visit http://www.IDTechEx.com/robotics.

    To learn more about emerging AMRs please see the IDTechEx Research report New Robotics and Drones 2018-2038: Technologies, Forecasts, Players. Here, IDTechEx explain a variety of markets in detail and offer our insights into future market developments including potential for commoditization of the hardware and software as well as the risk of business scene consolidation. The report identifies and profiles all the key companies worldwide working on AMRs. Finally, it offers short-, medium- and long-term market projections in market value and unit numbers.

    More from Top Stories

    Explore more articles in the Top Stories category

    Image for Lessons From the Ring and the Deal Table: How Boxing Shapes Steven Nigro’s Approach to Banking and Life
    Lessons From the Ring and the Deal Table: How Boxing Shapes Steven Nigro’s Approach to Banking and Life
    Image for Joe Kiani in 2025: Capital, Conviction, and a Focused Return to Innovation
    Joe Kiani in 2025: Capital, Conviction, and a Focused Return to Innovation
    Image for Marco Robinson – CLOSE THE DEAL AND SUDDENLY GROW RICH
    Marco Robinson – CLOSE THE DEAL AND SUDDENLY GROW RICH
    Image for Digital Tracing: Turning a regulatory obligation into a commercial advantage
    Digital Tracing: Turning a regulatory obligation into a commercial advantage
    Image for Exploring the Role of Blockchain and the Bitcoin Price Today in Education
    Exploring the Role of Blockchain and the Bitcoin Price Today in Education
    Image for Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Image for Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Image for PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    Image for A Notable Update for Employee Health Benefits:
    A Notable Update for Employee Health Benefits:
    Image for Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Image for Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Image for ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    View All Top Stories Posts
    Previous Top Stories PostEpicor to Accelerate Cloud ERP Adoption and Bring the Intelligent Cloud to Manufacturers and Distributors via Microsoft Azure
    Next Top Stories PostBetterWorks Announces its GDPR Readiness and Adds New Leads for Product, Development and Security Functions