AMRs and the Future of Food and Beverage Retailers
Overview
Autonomous Mobile Robots (AMRs) are set to drive significant changes in food and beverage retailers, offering solutions to labour shortages, enhancing efficiency and providing new customer experiences. In fact, experts predict that the global AMR market will grow at a compound annual growth rate (CAGR) of 45.8% from 2022 to 2027**, reaching a market value of $17.9 billion by 2027. In this guide, we’ll explore the potential impacts of AMR technology on food and beverage retail, forecast trends and discuss implications for businesses in the industry.
Impact of AMRs in Food and Beverage Retailing
The implementation of AMRs in food and beverage retail has several implications, from labour management to customer expectations. Research suggests that up to 73% of predictable physical work in retail could be automated, presenting opportunities for AMRs to step in and fill labour shortages. Additionally, AMRs can address efficiency issues; for example, they can ensure a 40% more efficient restocking process, increasing accuracy and reducing lost sales due to stock-outs. Lastly, AMRs can provide new and innovative consumer experiences having 87% of consumers are ready and willing to interact with AI and bots in retail environments.
Forecast Trends in AMRs for Food and Beverage Retail
The use of AMRs in food and beverage retail is predicted to evolve rapidly, with a shift towards autonomous performances projected. Trends indicate that AMRs will move beyond simple automation tasks to more complex duties: in fact, 56% of retailers are expected to adopt AMR technology to handle more complicated tasks in the next three years. Moreover, customer-facing AMR applications are projected to rise, with 60% of customers indicating they would appreciate AMR assistance in shopping. Additionally, developments in machine learning algorithms and advancements in AI are set to boost the AMR's capacity to understand and interact with human behaviour.
Key Takeaways
- The AMR market is projected to experience significant growth, potentially reaching $17.9 billion by 2027.
- AMRs can fill predicted labour gaps, reducing manual workload by 73%.
- With the correct application of AMRs, retailers can expect a 40% efficiency boost.
- Consumer acceptance of AMR technology is high, with 87% willing to interact with AI and bots.
- Retailers are expected to deploy AMRs for more complex duties, with a 56% adoption within three years.
- Customer-facing AMR applications will become more prevalent, supported by advances in machine learning and AI.
About 3Laws Robotics
3Laws Robotics is at the forefront of AMR development, underlining safety, reliability, and certification processes. Their innovative software, the 3Laws Supervisor, utilizes Control Barrier Functions, a technology developed at Caltech, providing mathematically provable safety.
The 3Laws technology catered to various use-cases such as warehouse automation where a 40% efficiency gain was achieved and human-robot interaction promoting safe interactions between humans and robots. Additionally, the technology was applied in dynamic environments, which resulted in effective robot navigation in unpredictable surroundings.
3Laws' adaptive software can work with a wide variety of platforms including mobile robots, cars, drones, and manipulators while keeping them safer, more profitable, and close to their peak operating capabilities. 3Laws presents a proactive approach to robot safety, offering a next-generation solution that can be certified for ISO 3691-4 and ISO 26262.