Capitalizing on the $1 trillion opportunity in autonomous mobile systems
The autonomous mobile system market is predicted to grow globally to $1 trillion by 2026. (We will repeat and emphasize that for effect: trillion, with a “t.”
The benefits for a region that captures even just 1% of this market include a whopping 5,000 jobs and a $10 billion impact. Gain a larger percentage share of that market and…well, you know math.
Pittsburgh is already a global hub for the industry with companies like Aurora, Carnegie Robotics, Motional and Seegrid and universities like Carnegie Mellon University putting the region, which is second only to Detroit-Ann Arbor in market leader concentration in the U.S., on the map.
How does a region capture that 1% and more? What will that do to a regional and state economy? In a global competition, what will capturing a bigger percentage of the market do for a country?
With the release of a nine-month study lead by the Regional Industrial Development Corporation of Southwestern Pennsylvania, the Greater Pittsburgh Chamber of Commerce, and industry and regional partners, there are answers for the Pittsburgh region to capture a portion of the projected growth in the autonomous mobile systems industry in the form of defined pathways and strategies. Check it out.
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