Mobile robots transforming the material handling vehicle industry
This premium articles consider mobile robotics on material handling industrial vehicles. It show how the rise of navigational autonomy will render, in time, the incumbent infrastructure-dependant automated vehicle technology obsolete, and how it will have a transformative impact on the fortunes of the greater material handling vehicle industry. Indeed, it will show how navigational autonomy will induce a colossal transfer of value from wage bills paid for human-provided driving services towards spent on autonomous industrial vehicles. This, in turn, will fuel the growth in this material handling vehicle industry (e.g., forklift), creating significant revenues over a business-as-usual scenario. This takes place despite our technology roadmap showing that hardware commoditisation will slowly devalue such driving services particularly in high-wage regions.
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