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MATERIAL HANDLING AGVs & AMRs advancing material handling in the factory

Sep 30, 2021

The opinion feature analyses how AGVs & AMRs are at the core of the warehousing market and how robotisation of material handling is a financial essential

Industrial automated guided vehicles (AGVs) and autonomous mobile robots (AMRs) outshine at safely and reliably, transporting products and materials in manufacturing and distribution operations. They are a profitable solution that upsurge competence and develop working conditions. In fact, they offer a more flexible and steadfast substitute to conventional material transport methods like, manual transport, static conveyors and fork trucks.

With AGVs, the supply chain sector is scoring fresh and groundbreaking ways of material handling. AGVs have been transforming the material handling domain. The influence of these smart mobile robots has come upon the world and welcomes novel progresses that are fundamentally shifting the industry every year. New research says that mobile robotics in material handling and logistics will become a $75 billion market by 2027 and will be more than double by 2038.

With the pandemic, aspects like contactless operations and safety are important and being examined keenly. Therefore, material handling equipment and automation solutions are popular. It stands true that with the disposition of automation, old-style low skill jobs of handling material might drop out of the picture. However, we must also remember that this generates new jobs, which require applying the little grey cells to make decisions. So, companies have to back their workforce in skilling them to a higher level and train them for jobs that bring in more significance than before.

Also, with environmental mindfulness and the thrust from the government, the demand for sustainable equipment is on the rise. Hence, electric or lithium-ion range of forklifts have also been coming into the picture. Battery operated forklifts of different kinds have made a big place for themselves in the industry in the country.

COVID-19 has made it amply clear to managers at manufacturing plants, third party logistics companies (3PLs) and distribution centres (DCs) that robotisation of material handling is a financial essential. According to Grand View Research, the global market for automated forklift trucks will have an annual growth of 15.6% through 2025.

However, robots’ abilities to pilot around an intricate and complex space have been one of the foremost difficulties. The demand for higher well-being, effortlessness, flexibility and accurateness has only risen during the pandemic.

AGVs & AMRs are at the core of the warehouse market and account for most revenue and shipments. According to ABI Research, global commercial robot revenue in warehouses will have a compounded annual growth rate of over 23% from 2021 to 2030 and exceed $51 billion by 2030. Businesses should be able to react to new changes and have the right space for AGVs & AMRs, particularly in material handling, which is the pillar of the supply chain.

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