Global Logistics Robot Market, By Product Type (Automated Storage and Retrieval Systems (AS/RS), Automated Guided Vehicles (AGVs), Autonomous Mobile Robots (AMRs), Articulated Robotic Arms, Good-to-Person Technology (G2P) and Others), Component (Hardware, Software and Services) Operation Environment (Factory Logistics Robots, Warehouse Logistics Robots, Outdoor Logistics Robots and Other Logistics Robots), Application (Palletizing and De- palletizing, Pick and Place, Loading and Unloading, Packaging and Co-packing, Shipment and Delivery and Others), End Use (Healthcare, Retail, Agriculture, Manufacturing and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Data Bridge Market Research analyses that the logistics robot market will exhibit a CAGR of 24.1% for the forecast period of 2021-2028. This means that the logistics robot market value would stand tall by USD 31.32 billion by the year 2028. Rising technological advancements in the field of robotics and rising demand and application for automated solutions in industrial processes are the two major factors driving the growth of logistics robot market.
Logistics robots are the robots that are used in logistics operations. These are flexible in nature and reduce the dependence on human labour. Logistics robots are automated machines that are used in warehouses, storage units, ports and other such places to perform the desired logistics operations. Logistics robots simply the operations and reduce the probability of human errors.
Rising demand for automated solutions for logistics operations to save cost and time is a root cause fostering the growth of logistics robot market. Rising incidences of accidents in warehouses or storage units is pushing the firms to employ logistics robots. Stringent safety norms and regulations to avoid dangerous and hazardous environment will further empower the logistics robot market. Growth and expansion of e-commerce sector will further create lucrative growth opportunities for the logistics robot market.
However, high initial investment required for logistics robot will pose as a major challenge to the growth of market. Also, high expenditure required for research and development activities will further create hindrances for the growth of logistics robot market.
This logistics robot market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on logistics robot market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Logistics Robot Market Scope and Market Size
The logistics robot market is segmented on the basis of product type, component, operation environment, application and end use. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product type, the logistics robot market is segmented into automated storage and retrieval systems (AS/RS), automated guided vehicles (AGVs), autonomous mobile robots (AMRs), articulated robotic arms, good-to-person technology (G2P) and others.
- On the basis of component, the logistics robot market is segmented into hardware, software and services. Hardware is further segmented into robot body and peripheral equipment. Services segment is further segmented into systems engineering and project management. Systems engineering segment is further sub segmented into installing, programming and integrating.
- On the basis of operation environment, the logistics robot market is segmented into factory logistics robots, warehouse logistics robots, outdoor logistics robots and other logistics robots.
- On the basis of application, the logistics robot market is segmented into palletizing and de- palletizing, pick and place, loading and unloading, packaging and co-packing, shipment and delivery and others.
- On the basis of end use, the logistics robot market is segmented into healthcare, retail, agriculture, manufacturing and others.
Logistics Robot Market Country Level Analysis
The logistics robot market is analysed and market size, volume information is provided by country, product type, component, operation environment, application and end use as referenced above.
The countries covered in the logistics robot market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific region dominates the logistics robot market. Growth and expansion of e-commerce sector is fostering the growth of logistics robots in this region. Developing countries such as India and China will emerge as the major contributors from this region.
The country section of the logistics robot market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Logistics Robot Market Share Analysis
The logistics robot market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to the logistics robot market.
The major players covered in the logistics robot market report are ABB, FANUC UK Ltd., YASKAWA ELECTRIC CORPORATION., KUKA AG, Universal Robots A/S, Robolink, Kawasaki Heavy Industries, Ltd., Krones AG, I.M.A. INDUSTRIA MACCHINE AUTOMATICHE S.P.A., Sidel Group, Toshiba Corporation., Asic Robotics AG, Columbia/Okura LLC, Clearpath Robotics Inc., Fetch Robotics, Inc., Omron Corporation, BA Systèmes SAS, KION GROUP AG, Midea Group. and Bastian Solutions, Inc. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Logistics Robot Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.