The future of autonomous mobile robots: Market opportunities and technical challenges
At the forefront of innovation and transformation is the robotics market segment which is rapidly changing many aspects of our lives. What once seemed like science fiction is now becoming an integral part of our society. We see robots in supermarkets, delivering room service in hotels, supporting real estate with camera capabilities and drones, and even assisting surgeons in performing complex medical operations.
Robotics is already making significant impacts in various commercial sectors, enhancing efficiencies, precision, and productivity. Continuous advancements in robotics technology are pushing the boundaries of what is possible, leading to new and exciting developments.
Market drivers and opportunities
According to a recent market report, the Asia-Pacific robotics market size is projected to value around USD42 billion in 2025 and grow to USD 125 Billion by 2034, with a compound annual growth rate (CAGR) of 12.8% over the projected period. This market is rapidly evolving driven by technological advancements and increasing demand across various sectors, from logistics to manufacturing. As technology advances, robots have become increasingly sophisticated, integrating chips, sensors, AI, and machine learning algorithms. The integration of sophisticated electronic components, including semiconductors, interconnect, passive, and electromechanical components, and control systems are the basic building blocks of intelligent and robust robots that can operate autonomously, optimizing production and reducing costs.
Today's robotic innovations require comprehensive technology capabilities spanning from product design and engineering to manufacturing and supply chain. With our global network of technology suppliers and industry-leading services, Arrow Electronics (Arrow) has assisted many technology companies and startups around the world as they strive to bring ideas to life and get their robotics products to market faster.
Case study: Arrow's collaboration with Pingspace
Accelerating e-commerce growth has prompted commercial and logistics companies to adopt robotics and advanced electronic technologies to achieve fulfilment productivity and gain competitive advantages. One of the most deployed warehouse automation technologies is automated storage and retrieval system .
Arrow has supported Pingspace, a Malaysia-based start-up, in developing Robotics-As-A-Service solutions for warehouse operation efficiency. Founded in 2018 by Chuah Di Ken, CEO, Pingspace has set out on a mission to simplify, digitalize, and automate the warehouse and logistics industry.
Specialized in building robotic storage systems, Pingspace aims to offer robust robotics-as-a-service supply chain solutions that deliver benefits of increased fulfilment rates, more productive labor, and safer warehouse environment.
Like many other technology start-ups, Pingspace faced technical challenges as they continue to develop and differentiate their solution offerings. With Arrow's engineering support, Pingspace has been able to optimize its robotic storage system developmental cycle and rapidly scale up its offerings.
Arrow's engineering team provided Pingspace with product knowledge, technical insights, and turnkey solutions, enabling them to jump-start and scale up the design, building, deployment, and management of their robotics-as-a-service supply chain solutions. Arrow's technological capabilities and offerings have enabled Pingspace to overcome technical challenges and bring their innovative solutions to market faster.
Conclusion
With Arrow's unique engineering capabilities, extensive technology portfolio, and strong supply chain expertise, we are ideally positioned to support customers in advancing the next generation of autonomous mobile robtic solutions. This includes providing semiconductors, IP&E components, power management systems, and engineering services from our eInfochips team and the Robotics Center of Excellence, tailored for innovative robotics applications. As we continue to push the boundaries of what is possible, we are excited to work closely with our customers in shaping the future of robotics and drive technological advancements.
