Logistics Robots Market Recent Study Including Growth Factors CAGR of 24.1%

Posted by johndbmr on May 17th, 2021

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.Logistics robots are automated machines that are used in automation of the process of storing and moving goods. They serve as an alternative to the customary belt-based transportation system. They are extensively used in warehouses & storage units to organise and move products.

Key Market Competitors: Global Logistics Robots Market

Few of the major competitors currently working in the global logistics robot market are Dematic, KUKA AG, Amazon Robotics LLC, Vanderlande Industries B.V., Vecna Robotics, Grenzebach Group, Hitachi, Ltd., The Hi-Tech Robotic Systemz, Bastian Solutions, Inc., OMRON Corporation, Fetch Robotics, Inc., GreyOrange pte ltd., Daifuku Co., Ltd., KNAPP AG, IAM Robotics, Clearpath Robotics Inc., KION GROUP AG, Mobile Industrial Robots A/S, ABB, FANUC CORPORATION, Kawasaki Heavy Industries, Ltd., Yaskawa America, Inc., TOSHIBA CORPORATION and Asic Robotics AG among others.

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Logistic robots reduce the high cost of labour, increase efficiency as compared to manual work, thereby leading to increased performance and profitability. Logistic robots assist in supply chains management activities including packing, picking, palletization and depalletization etc.

Segmentation: Global Logistics Robots Market

  •          By Component (Hardware, Software, Services)
  •          By Operation Environment (Factory Logistics Robots, Warehouse Logistics Robots, Outdoor Logistics Robots, Other Logistics Robots)
  •          By Application (Palletizing and Depalletizing, Pick and Place, Loading and Unloading, Packaging and Co-packing, Shipment and Delivery, Others)
  •          By Product Type (Robotic Arms, Unmanned Ground Vehicles (UGVs), Unmanned Aerial Vehicles (UAVs), Others)
  •          By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

Competitive Analysis: Global Logistics Robots Market

Global logistics robot market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of logistics robot market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.


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