Supply Chain Ecosystem Analysis now part of DBMR Reports
Market Size in USD Billion
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USD 14.58 Billion |
| USD 85.03 Billion | |
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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) – Industry Trends and Forecast to 2030.
In the recent years, the demand for logistics robots increasing rapidly. The increasing demand for efficient operations has forced companies to spend on automating movements and the different areas in the facility with retrieval systems (AS/RS) and automated storage. Nowadays, several businesses are considering the introduction of logistic robots in their tasks to remove the risk of mistakes. According to the McKinsey study, Automation has reached its peak point for Omni channel warehouses, which puts the 23% annual growth rate for the warehouse automation market reaching $51 billion by 2030.
Data Bridge Market Research analyses that the logistics robot market was valued at USD 14.58 billion in 2022 and is expected to reach USD 85.03 billion by 2030, registering a CAGR of 24.66% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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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)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, 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), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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ABB (Switzerland), FANUC Corporation (Japan), YASKAWA ELECTRIC CORPORATION. (Japan), Toshiba Corporation (Japan), OMRON Corporation (Japan), Sidel Group (France), Krones AG (Germany), Fetch Robotics (U.S.), Midea Group (China), Bastian Solutions, LLC (U.S.), KION GROUP AG (Germany), Clearpath Robotics Inc. (U.S.), FedEx (U.S.), DHL International GmbH (Germany), Aramex (UAE), Universal Robots (Denmark), Clipper Logistics plc (U.K.), KUKA AG (Germany)
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Market Opportunities
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Market Definition
Logistics robots include any autonomous machine or system which is used to automate maximize safety, product flows, and increase productivity in warehouse operations. These are flexible in nature and decrease the interference of human labour. Logistics robots are automated systems or machines used in storage units, ports, warehouses, and others. Logistics robots reduce the probability of human errors and simplify the operations.
Drivers
E-commerce industry plays significant role to the increasing deployment of logistics robot. To keep up with distribution timetables, wholesalers are being forced to use automation to perform repetitive activities by using robotic solutions owing to a rise in online consumers. Moreover, effective integration of digital automation networks provides exact picture of activities. As a result of this, shipping companies, manufacturers and other businesses may rapidly assess the situation of their operations. This function is important for e-commerce sector because they are mainly concerned with meeting the requirements of their consumers on time. This also contributes to the growth of the market.
The market is anticipated to emerge during the forecast period due to the increasing adoption of autonomous warehouses. These automated solutions are steadily gaining traction due to the emergence of technologies such as the Industrial Internet of Things (IIoT), machine learning and big data, which remove the risk of error owing to manual management and increase the throughput of warehouse logistics robots. Furthermore, the collective digitization and speedy technological advancements are considered as major driving factors for the market growth.
Opportunities
The rising popularity of autonomous warehouses is expected to provide lucrative opportunities for market growth. The idea of warehouses outfitted with autonomous technologies is gathering momentum all over the globe. Robots control many operational processes, including transportation, scanning, picking and placing, and other tasks. With the growing number of autonomous warehouses, the market is expected to grow at a rapid pace in upcoming years.
Logistic service providers are progressively investing in technologies, which is expected to lucrative opportunities for market growth. For instance, XPO Logistics, a logistics service provider located in the United States, spent USD 550 million in 2019 to integrate industry-leading technologies all over its operations in Europe and North America.
Restraints/ Challenges
Lack of trained expertise or skilled professionals will pose a major challenge to the growth of the logistics robot market. Moreover, high initial capital investments will act as a major market restraint for the growth of the market. Furthermore, complications involved in the technical applications will further hider the growth rate of the 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 localized 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 the 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.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
The logistics robot market is segmented on the basis of product type, component, operation environment, application and end use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
Component
Operation Environment
Application
End Use
The logistics robot market is analyzed and market size insights and trends are provided by country, product type, component, operation environment, application and end use as referenced above.
The countries covered in the logistics robot market report U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, 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), Brazil, Argentina and Rest of South America as part of South America
Asia-Pacific dominates the logistics robot market in terms of revenue and market share. This is mainly due to growth and expansion of e-commerce sector in this region. Developing countries such as India and China will emerge as the major contributors from this region.
North America will continue to project the highest growth rate during the forecast period of 2023-2030 due to the emergence and growing usage of modern technologies, such as artificial intelligence, machine learning, and computer vision in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact 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.
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, global presence, production sites and facilities, production capacities, 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 logistics robot market.
Some of the major players operating in the logistics robot market are:
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To support market growth and help clients navigate the impact of geopolitical shifts, DBMR has integrated in-depth supply chain analysis into its Global Logistics Robots Market research reports. This addition empowers clients to respond effectively to global changes affecting their industries. The supply chain analysis section includes detailed insights such as Global Logistics Robots Market consumption and production by country, price trend analysis, the impact of tariffs and geopolitical developments, and import and export trends by country and HSN code. It also highlights major suppliers with data on production capacity and company profiles, as well as key importers and exporters. In addition to research, DBMR offers specialized supply chain consulting services backed by over a decade of experience, providing solutions like supplier discovery, supplier risk assessment, price trend analysis, impact evaluation of inflation and trade route changes, and comprehensive market trend analysis.
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Data Bridge Market Research is a leader in 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 customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed 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.