China bucked strong headwinds and sold a combined 93,000 units of automated guided vehicle (AGV) and autonomous mobile robot (AMR) for industrial application in 2022, including those shipped overseas, up 29.17% from the previous year, data released by an industry alliance shows.
According to Mobile Robot and AGV/AMR Industry Alliance and an affiliated think tank, the size of China’s market for industrial-use AGV and AMR reached 18.5 billion yuan (US$2.7 billion) last year, skyrocketing 46.82% year on year.
China’s AGV/AMR market continued to grow at a fast clip despite an economic downturn and Covid shocks in 2022.
The sector also experienced better-than-expected growth in some segments and areas of innovation, the alliance said, adding that certain firms and categories even recorded a doubling of growth or even higher.
The alliance also announced it will issue a research report focused on the application of AGV and AMR between 2022 and 2023 in industrial scenarios in March.
The report, based on data collected about 150 leading domestic companies, is a deep dive on the development, adoption, categorization and supply chain management of producers of AGV, AMR and autonomous guided carts (AGC). It also predicts the industry trends in coming years.