Blockchain Press Releases
Autonomous Mobile Robots Market Size to Grow USD 7938.4 Million at a CAGR of 25.9% | Valuates Reports
BANGALORE, India, Aug. 7, 2023 /PRNewswire/ — The Autonomous Mobile Robots Market is Segmented by Type (LiDAR Based, LiDAR+Vision Based), by Application (Hospitals and Healthcare, Manufacturing, Logistics and Warehouse): Global Opportunity Analysis and Industry Forecast 2023 – 2029. It is published in Valuates Reports under the Robotics Category.
The global Autonomous Mobile Robots (AMR) market was valued at US$ 1494.5 million in 2022 and is anticipated to reach US$ 7938.4 million by 2029, witnessing a CAGR of 25.9% during the forecast period 2023-2029.
Major Factors Driving the Growth of Autonomous Mobile Robots Market
The demand for autonomous mobile robots market is fueled by the expansion of the use of autonomous robots in a variety of industries, including manufacturing and warehousing, as well as growing public awareness of their advantages.
Increased industrial productivity brought on by the rise of e-commerce and the highly effective autonomous mobile robots also contributes to the Autonomous Mobile Robots market’s expansion. It is anticipated that the rise of Industry 4.0 in logistics and warehousing as well as the rising demand from developing nations for warehouse automation would open up new growth prospects for major firms.
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TRENDS INFLUENCING THE GROWTH OF AUTONOMOUS MOBILE ROBOTS MARKET
A major factor in the development of AMRs is the growing demand for automation in industries to increase productivity, efficiency, and safety. In manufacturing, logistics, and warehousing facilities, these robots can carry out repetitive operations, handle materials, and move goods, minimizing the need for physical labor and increasing operational effectiveness. AMRs can now observe and comprehend their environment, make decisions, and travel independently thanks to advances in AI and ML technology. These technical developments have greatly increased the capabilities of AMRs and broadened the sectors in which they are used. This factor is expected to drive the growth of the Autonomous Mobile Robots Market.
Sensors and software for control and perception are being increasingly used by mobile robots, enabling the latter to comprehend and respond to their environment. In order to make effective navigational judgments, the robots analyze the data from 3D cameras, integrated laser scanners, gyroscopes, accelerometers, and wheel encoders. Machine learning and vision systems are the main areas of AI integration in AMR, which helps to further enhance sensor-based capabilities. As a result, manufacturing enterprises, hospitals, and airports among others will implement AMRs more quickly. This factor is expected to drive the growth of the Autonomous Mobile Robots Market.
Labor shortages and growing labor prices are posing problems for many businesses. AMRs offer a solution by automating processes that ordinarily call for human involvement. Automation encourages the use of AMRs by addressing labor shortages and lowering operating expenses. The requirement for effective logistics and fulfillment operations has increased as e-commerce has grown. Order picking, sorting, and inventory management are duties that AMRs excel at warehouses and distribution centers. AMR’s adoption is mostly fueled by its capacity to optimize order fulfillment procedures and expedite logistical operations. This factor is expected to drive the growth of the Autonomous Mobile Robots Market.
They are adaptable for many applications and sectors because they are simple to code and reprogramme to accommodate changing tasks or workflows. One of the primary factors influencing their development is the capacity to expand and deploy several robots in order to satisfy changing business demands. AMRs are now more competent, dependable, and economical thanks to advancements in sensor, processor, and battery technology. AMRs are being adopted more quickly because a larger range of sectors can now afford to use these technologies. This factor is expected to drive the growth of the Autonomous Mobile Robots Market.
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AUTONOMOUS MOBILE ROBOTS MARKET SHARE ANALYSIS
With a market share of roughly 40%, North America leads all other regions for autonomous mobile robots, followed by China and Europe.
The top four producers in the sector are Swisslog (KUKA), Omron Adept, Geekplus Technology, and Mobile Industrial Robots, with a combined market share of over 50%.
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Key Players:
Swisslog (KUKA), Omron Adept, Clearpath Robotics, Vecna, Mobile Industrial Robots, SMP Robotics, Cimcorp Automation, Aethon, Locus Robotics, Fetch Robotics, Geekplus Technology, 6 River Systems, ForwardX Robotics, Iplusmobot Technology, DF Automation & Robotics, YUJIN ROBOT, Syrius Robotics, Django Robotics.
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SIMILAR REPORTS
– Medical Robots market was valued at US$ 2939.3 million in 2022 and is anticipated to reach US$ 3574.4 million by 2029, witnessing a CAGR of 2.8% during the forecast period 2023-2029.
– Industrial Robotics market size is estimated to be worth US$ 41270 million in 2022 and is forecast to be a readjusted size of US$ 63340 million by 2028 with a CAGR of 7.4% during the review period.
– Agricultural Robots market size is estimated to be worth USD 5820.3 million in 2022 and is forecast to a readjusted size of USD 16120 million by 2028 with a CAGR of 18.5% during the review period.
– Medical Service Robot Market
– Flexible Endoscopic Surgical Robot Market
– Intelligent Rehabilitation Robot Market
– Wheel Drive Humanoid Robot Industry
– Exoskeleton Robots market was valued at US$ 309 million in 2022 and is anticipated to reach US$ 2487.8 million by 2029, witnessing a CAGR of 34.3% during the forecast period 2023-2029.
– Cleanroom Robots In Healthcare Market
– Agricultural Milking Robots Market
– Material Handling Robots market was valued at US$ 7613 million in 2022 and is anticipated to reach US$ 20980 million by 2029, witnessing a CAGR of 15.4% during the forecast period 2023-2029.
– Programmable Robots market is projected to grow from US$ 1957.7 million in 2023 to US$ 3193.9 million by 2029, at a Compound Annual Growth Rate (CAGR) of 8.5% during the forecast period.
– Indoor Farming Robots Market
– UV Disinfection Robots market was valued at US$ 602 million in 2022 and is anticipated to reach US$ 876.6 million by 2029, witnessing a CAGR of 5.4% during the forecast period 2023-2029.
– Soft Exoskeleton (Exosuits) and Wearable Robots market was valued at US$ 265.9 million in 2022 and is anticipated to reach US$ 1400 million by 2029, witnessing a CAGR of 31.9% during the forecast period 2023-2029.
– Humanoid Robot for Hardware Market
– Foundry and Forging Robots Market
– Industrial Grinding and Polishing Robots Market
– Dual-Arm Robot for Wafer Handling Market
– Milking Robotic Machine Market
– Programmable Robots for Education Market
– Hospital and Pharmacy Robotics Market
– Automation Cloud Robots Market
– Medical Service Robot Market
– Nanorobots market was valued at US$ 7163.4 million in 2022 and is anticipated to reach US$ 11680 million by 2029, witnessing a CAGR of 8.5% during the forecast period 2023-2029.
– Semiconductor Wafer Transfer Robot Market
– Mobile Delivery Robots Market
– Industrial Logistics Robots Market
– Fully Autonomous Robots Market
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Blockchain Press Releases
MEXC Announces Listing of Hyperlane (HYPER) with a 165,000 HYPER and 50,000 USDT Prize Pool
VICTORIA, Seychelles, April 21, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, announced the Hyperlane (HYPER) listing on April 22, 2025(UTC).To celebrate this significant addition to the exchange, MEXC is launching a special event with a prize pool of 165,000 HYPER and 50,000 USDT for new and existing users.
Hyperlane is the first permissionless, universal interoperability protocol dedicated to building a truly open and decentralized cross-chain communication infrastructure. As “The Open Interoperability Framework,” it enables anyone to freely expand, utilize, and customize the network, allowing developers to easily and securely build cross-chain applications and token bridges. To date, Hyperlane has connected over 140 blockchains, processed nearly 9 million cross-chain messages, and bridged more than $6 billion in volume through its Warp Routes.
$HYPER is the native token of the Hyperlane ecosystem, with an initial total supply of 1 billion tokens. It plays a critical role in securing the protocol through staking, rewarding validators for verifying cross-chain messages, incentivizing user-driven activity, and enabling community governance over protocol development.
To celebrate the listing, MEXC will launch an Airdrop+ event with substantial rewards for users:
Event Period: April 21, 2025, 10:00 – May 01, 2025, 10:00 (UTC)
Benefit 1: Deposit and share 120,000 HYPER (New user exclusive)
Benefit 2: Spot Challenge — Trade to share 15,000 HYPER (For all users)
Benefit 3: Futures Challenge — Trade to share 50,000 USDT in Futures bonus (For all users)
Benefit 4: Invite new users and share 30,000 HYPER (For all users)
MEXC has established itself as a leading exchange by consistently offering users early access to high-potential crypto assets. In 2024 alone, the platform listed 2,376 new tokens, including 1,716 initial listings. According to the latest TokenInsight report, MEXC led the industry with 461 spot listings between November 1, 2024, and February 15, 2025. During this period, the exchange maintained a high listing frequency, consistently ranking among the top six platforms, demonstrating its agility in capturing emerging market trends. MEXC will continue to expand its asset offerings and help users seize timely opportunities in the fast-moving crypto market.
For full event details and participation rules, please visit here.
About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 36 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC
Risk Disclaimer:
The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.
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Blockchain Press Releases
Introducing Clementine Bridge: Citrea Deploys First Complete BitVM Bridge Design on Testnet
Citrea’s Clementine Bridge marks the first time that a fully programmable layer is tested for settling on Bitcoin.
GEORGE TOWN, Cayman Islands, April 21, 2025 /PRNewswire/ — Citrea, the first ZK rollup to enhance capabilities of Bitcoin blockspace and enable Bitcoin applications (₿apps), has successfully deployed its Clementine Bridge, the first complete BitVM bridge design on Bitcoin Testnet. Citrea has also recently revealed Clementine’s whitepaper, marking the first real-world implementation of a BitVM-based bridge which extends BTC’s utility to decentralized finance in the most Bitcoin-secured and native way possible. With Clementine’s testnet deployment, Bitcoin is for the first time tested for optimistically verifying a fully programmable layer. The Clementine whitepaper is currently the only documentation of how to use BitVM in a bridge design with clear solutions toward a secure and efficient bridge implementation.
Despite being the world’s largest digital asset, BTC has struggled to build relevance in decentralized finance. A secure bridge between Bitcoin and a secondary layer has always been a bottleneck for using BTC in a programmable environment. This problem has forced users to either keep Bitcoin as a passive store of value or rely on custodians for using BTC in financial activities. Citrea’s BitVM-based Bitcoin bridge Clementine solves this by enabling the safest and most trust-minimized way to bridge BTC and extend its utility to decentralized finance.
Citrea’s Clementine bridge marks a historic moment for Bitcoin and a new beginning for BTC’s utility. “It felt like magic when we saw all the bridge components work smoothly in our internal tests and that any malicious act is stopped by a single honest actor,” said Ekrem Bal, Co-Creator of Citrea. “We’re now ready to test Clementine in a real Bitcoin Testnet environment and make it more battle-tested for Citrea mainnet.”
With the introduction of BitVM by a Bitcoin developer Robin Linus, verifying computations on Bitcoin and building Bitcoin-secured bridges became a possibility. Very soon after its introduction, Citrea team became a core contributor of BitVM and later a founding member of BitVM alliance, where BitVM’s fundamental technology of executing a fraud proof of a zero-knowledge (ZK) proof on Bitcoin was developed collaboratively. Although accomplishing a ZK proof verification on Bitcoin was a prerequisite, there were still critical problems to address to implement this fundamental technology securely and efficiently into a Bitcoin bridge design. A detailed breakdown of this can be found in Clementine’s whitepaper.
Clementine’s design and whitepaper introduce novel solutions to two main research topics in BitVM-based bridge implementation, namely Bitcoin chain fork selection and capital efficiency of operators. These topics have been critical to solve as they ensure both the bridge’s security and efficiency. Citrea’s Clementine bridge offers clear solutions to both of these problems:
- Bitcoin Chain Fork Selection: This is related to ensuring that the bridge follows the longest Bitcoin chain. It has been an open research topic where the BitVM creator introduced superblocks approach but its security was later found to be broken. Citrea introduces a new Bitcoin Light Client design that uses succinct Header Chain Proofs of Bitcoin. These proofs are aggregated by operators into a single BitVM proof.
- Capital Efficiency of Operators: This has been another limitation of implementing BitVM efficiently into a bridge design. With Citrea’s approach to non-standard Bitcoin transactions, operators can now process hundreds of withdrawals in parallel with a single collateral. Disproving only one withdrawal is enough to stop other malicious withdrawal processes.
Clementine’s design relies on zero-knowledge proofs, Bitcoin data availability, a novel Bitcoin Light Client design and BitVM. In the case of a malicious act, an honest watchtower provides a proof of the longest Bitcoin chain. Then the operator generates a proof verifying Citrea’s state, watchtowers’ challenges and payout for the withdrawal. If the operator is malicious, it won’t be able to generate such proof, resulting in slashing the operator. Clementine has three main bridge actors to ensure the system’s integrity:
- Signers enforce BitVM spendings by managing peg-ins through presign transactions
- Watchtowers are tasked with monitoring operators and challenging any malicious behavior by sending a proof of longest Bitcoin chain
- Operators, a group of profit-seeking entities, temporarily cover users’ withdrawals and are later reimbursed with presigned transactions.
Citrea: Bitcoin’s Application (₿app) Layer
Citrea extends Bitcoin’s utility without sacrificing its security. With zero-knowledge technology, Citrea enables Bitcoin to function as a fully programmable layer. With its Bitcoin bridge Clementine, Citrea offers the safest and most trust-minimized way to bridge BTC to a fully programmable secondary layer.
For the first time in its history, Bitcoin Network will be able to support diverse on-chain applications and its utility will be extended to decentralized finance.
Apply to Citrea’s unique incubation program ‘Citrea Origins‘ to build ₿apps.
For more information, please visit: Citrea website | Citrea X Account
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PANAMA CITY, April 21, 2025 /PRNewswire/ — BingX, a global leading cryptocurrency exchange, announces the listing of EPT, the native token for Balance.fun, for both spot trading and also on the BingX Xpool. The spot listing will commence on April 21 at 12:00 (UTC) while the Xpool launch will start on April 22 at 10:00 (UTC). BingX users can stake BTC and EPT in Xpool, though new users will have an additional option to stake USDT to win a bigger share of the reward pool that includes 2,000,000 EPT Points. The first 1000 new users who stake a minimum of 100 USDT will also be able to earn an additional bonus voucher worth 100 USDT.
EPT is the governance token of Balance, an AI-powered web3 experience infrastructure designed for the masses. This new digital asset will fuel the new Balance Platform to create an open and inclusive gaming ecosystem for both gamers and developers with fairness at its core. With the integration of AI and blockchain technology, games can be built and marketed more easily while allowing players to benefit from the enhanced and diversified gaming experience.
Users of the existing Epal platform can transfer their EPT tokens to BingX, enabling a reliable method to trade EPT or, alternatively, purchase EPT for governance purposes. Having a solid exchange to further explore the vast world of cryptocurrencies, this new listing further empowers both Epal and Balance users in the process.
Vivien Lin, Chief Product Officer of BingX, shared her thoughts on the new trading option and Xpool listing: “I think providing users with these new trading and early investment options is our responsibility as a responsible cryptocurrency exchange since some of our users rely on us to introduce such projects with such numerous functions across multiple subcategories”.
Visit bingx.com to join the Xpool starting April 22 and start trading EPT on spot from April 21. Whether you’re a gamer, builder, or crypto enthusiast, this is your chance to be part of a new decentralized chapter in entertainment.
About BingX
Founded in 2018, BingX is a leading crypto exchange, serving over 20 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports.
For more information, please visit: https://bingx.com/
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