The global demand for Logistics Robots Market is presumed to reach the market size of nearly USD 41.38 Billion by 2032 from USD 9.55 Billion in 2023 with a CAGR of 17.7% under the study period 2024 - 2032.
Logistics Robots are software-controlled machines that can assist or displace humans in transportation and storage of resources in logistics and warehouses. These robots which are mobile automated guided vehicles find their applications in shipping and warehousing due to their ability to deploy resources around the clock. Robotic arms used in agriculture, for delivery of medicines in hospitals, lab equipment in laboratories, used to sort bins or goods in shelf inventory are also considered as this class of devices.
Market Dynamics
The main characteristic that acts as a growth factor is the ability of these robots to improve the overall efficiency of logistics industries by simplifying operations. These robots can be built in a viable manner by the adaptation of available tools and implementation of commercial mechanisms. These floating type devices can simplify the activity of end-users in many industries due to the emphasis on complete automation and handle issues associated with the availability of labour. The hampering factors for the robot market are the R & D costs involved, low adaption rate of advanced infrastructure and shortcomings of delivery techniques.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of logistics robots.
Market Segmentation
The entire logistics robots market has been sub-categorized into type cause, operation area, application and end-users. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Type
- Automated Guided Vehicles
- Autonomous Mobile Robots
- Robot Arms
- Others (UAVs)
By Application
- Palletizing & De-palletizing
- Pick & Place
- Transportation
- Others (Shipment & Delivery)
By Industry
- E-commerce
- Healthcare
- Retail
- Food & Beverages
- Automotive
- Others (Consumer Electronics)
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for logistics robots market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Logistics Robots Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the logistics robots market include ABB Ltd (Switzerland), KUKA AG (Germany), Toyota Industries Corporation (Japan), Fanuc Corporation (Japan), Yaskawa Electric Corporation (Japan), Kion Group Ag (Germany), Toshiba Corporation (Japan), Krones AG (Germany), Kawasaki Heavy Industries Ltd. (Japan), Omron Corporation (Japan). This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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