Blockchain Press Releases

Autonomous Mobile Robots Market Size to Grow USD 7938.4 Million at a CAGR of 25.9% | Valuates Reports

Published

1 year ago

August 7, 2023

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.

– Surgical Robotics Market

– 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

– Social Robots Market

– 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

– Shelf-mounted Robots Market

– Industrial Grinding and Polishing Robots Market

– Educational Robot 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

– Waterproof Robot Market

Click here to see related reports on Autonomous Mobile Robots Market

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Blockchain Press Releases

Bybit Card Now Available on Apple Pay in Brazil

Published

3 hours ago

December 9, 2024

CISION (PR Newswire)

bybit-card-now-available-on-apple-pay-in-brazil

DUBAI, UAE, Dec. 9, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has further enhanced the digital payment experience for Bybit Card holders. Starting now, users in Brazil can now add their Bybit Card to their Apple Pay and make secure payments in seconds using Apple Pay’s built-in safeguards.

Since its launch in Sep. 2024, the Bybit Card recorded a 342% growth in user base in Brazil in less than a quarter. With among the highest crypto adoption rates in the world, Brazil is home to a vibrant crypto economy with growing demands for mature crypto on and off-ramp solutions.

Combining Bybit’s advanced crypto offerings and rewards, the Mastercard network’s global connectivity, and now Apple Pay’s added layers of safety and privacy standards, the Bybit Card offers a seamless and borderless crypto payment experience for Brazilian users, enabling contactless payments purchases in-store, in-app and online across Apple devices.

To set up the Bybit Card on Apple Pay, users may simply add the card to their personal Apple Wallet and access the crypto payment convenience wherever they are with their mobile devices.

The Apple Pay integration allows Bybit Card users to pay with and purchase crypto, bridging mainstream cryptocurrencies with over dozens of fiat currencies at competitive rates. This secure and convenient option incorporates the use of Apple’s Face ID, Touch ID, or passcodes alongside dynamic security codes for authentication. Valued for its safety, Apple Pay works through unique Device Account Numbers encrypted and stored in a Secure Element chip, keeping card details private and safe.

Loaded with regular cashback, flash rewards and other benefits, the Bybit Card offers a competitive option for crypto payment for everyday spendings:

Zero fees for card issuance and delivery
Zero annual or hidden fees
2-10% cashback in USDT, BTC and ETH on eligible purchases
Up to 8% APY
Instant virtual and physical card for immediate access to funds

The welcome offer for Bybit Card remains available for users in Brazil: Deposit 100 USDT, Unlock 150 BRL!

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media

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Blockchain Press Releases

Bybit Unveils Exclusive Rewards for Crypto Deposits via BCB, ZEN or BLIK

Published

3 hours ago

December 9, 2024

CISION (PR Newswire)

bybit-unveils-exclusive-rewards-for-crypto-deposits-via-bcb,-zen-or-blik

DUBAI, UAE, Dec. 9, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has unlocked new perks for users in a rewarding year-end campaign. From now to Jan. 4, 2025, Bybit users may be entitled to cashback benefits by making a deposit using BCB, ZEN or BLIK on Bybit Fiat Deposit or One-Click Buy.

Offering eligible users 5 USDT in coupons, the event takes two simple steps: sign up for the event and make a deposit using BCB, ZEN or BLIK:

New User Exclusive: Eligible users may make a first-time deposit valued at $100 or more via Bybit Fiat Deposit or One-Click Buy using any of the three channels to qualify.
Existing User Perk: To qualify, current users must register for the event and deposit an equivalent to $500 via one of the three channels.

The coupons are distributed on a first come, first serve basis. Restrictions apply.

“The diversification of tools and access in the crypto ecosystem benefits our users and fosters healthy competition. We are committed to improving the quality and the ease of access to crypto across the industry, while crafting a rewarding experience for our users who log in daily to look after their digital assets,” said Joan Han, Sales and Marketing Director at Bybit.

Crypto adoption has been growing at a record high rate in the recent rally as more and more investors normalize diversification with digital assets. Bybit is constantly expanding its offerings and on and off-ramp experience, integrating reliable payment solutions to meet users’ diverse demands for user experiences and competitive spreads.

With Fiat Deposits and a variety of crypto trading products and services, Bybit helps plug the gap between fiat currencies and crypto investments for users with its intuitive platform, high security standards, and rewards all year round.

#Bybit / #TheCryptoArk

About Bybit

For more details about Bybit, please visit Bybit Press

For media inquiries, please contact: [email protected]

For more information, please visit: https://www.bybit.com

For updates, please follow: Bybit’s Communities and Social Media

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Blockchain Press Releases

Apple Pay Supported: Bybit Card Argentina Elevates Payment Experience

Published

3 hours ago

December 9, 2024

CISION (PR Newswire)

apple-pay-supported:-bybit-card-argentina-elevates-payment-experience

DUBAI, UAE, Dec. 9, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has brought the Bybit Card to Apple Pay for users in Argentina. Starting now, the Bybit Card can be added to Apple Pay profiles for card holders in Argentina and used across their Apple devices.

A registered virtual asset service provider and card operator in Argentina, Bybit’s Argentinian entity commenced its rapid expansion in the second largest economy in South America in Apr. 2024. Offering a wide array of services for users, Bybit has been adding new features and benefits to the growing Bybit Card community in Argentina. The Card was adopted by the majority of Bybit users in Argentina within the first two months of the virtual card launch, with more embracing its full range of capabilities on Google Pay, Apple Pay, and the physical card.

Leveraging Apple Pay’s advanced security and privacy enhancing features, the new Bybit Card function makes contactless and instant crypto payment a frictionless experience whether they are purchasing online or in-store. Trusted for its safety guardrails, Apple Pay incorporates state-of-the-art verification and authentication solutions including dynamic encryption and biometrics linked to user profiles. The increasing availability of contactless payment options also makes it a convenient choice for daily purchases.

Setting up the Bybit Card in Apple Pay takes just a few minutes, and paying takes seconds, simplifying transactions seamlessly across iPhone, iPad, and Mac. Bybit Card users in Argentina now get to spend in style with Mastercard’s global network, Bybit’s diverse crypto offerings, and now the added layer of accessibility and security brought by Apple Pay.

Reinventing the crypto experience in all aspects of users’ digital asset journey, Bybit is committed to curating a rewarding experience for Bybit Card holders in Argentina:

Zero fees for card issuance and delivery
Zero annual or hidden fees
2-10% cashback in USDT, BTC and ETH on eligible purchases
Up to 8% APY
Instant virtual and physical card for immediate access to funds

Application for the physical card is open for Bybit Card Argentina and applicants may be eligible for the Argentina-exclusive welcome offer until Dec. 31, 2024.

#Bybit / #TheCryptoArk

About Bybit

For more details about Bybit, please visit Bybit Press

For media inquiries, please contact: [email protected]

For more information, please visit: https://www.bybit.com

For updates, please follow: Bybit’s Communities and Social Media

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View original content:https://www.prnewswire.co.uk/news-releases/apple-pay-supported-bybit-card-argentina-elevates-payment-experience-302326177.html

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