Logistics Robots Market Share Projected to Hit USD 21.01 billion by 2029
Logistics Robots Market Trend
In 2021 Logistics Robots Market Share is reached to USD 6.17 billion and global market is projected to reach USD 21.01 billion by 2029 and exhibiting a CAGR of 16.7% during the forecast period.
The logistics robots market is rapidly expanding as warehouses and fulfillment centers automate material handling. AI-driven autonomous robots, collaborative robotics, and predictive analytics are optimizing logistics operations. As global supply chains evolve, demand for logistics robots continues to rise.
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This report provides a comprehensive analysis of the Logistics Robots Market, including market size, trends, drivers and constraints, competitive aspects, and prospects for future growth.
Some major companies are leadinng in the Logistics Robots industry such as; 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)
The report highlights the segmentation, regional expansion, revenue trends, production, and consumption growth of the Logistics Robots Market. It provides insights into the market size, growth trends, industry dynamics, and future forecasts, outlining key factors shaping the business landscape. Additionally, the study covers upcoming products, joint ventures, strategic developments, mergers and acquisitions, marketing initiatives, revenue generation, trade activities (import/export), CAGR values, and overall industry performance, along with an analysis of competitive challenges within the market.
Overview and Scope of the Report
This report focuses on the global Logistics Robots market, with particular emphasis on North America, Europe, Asia-Pacific, South America, the Middle East, and Africa. It categorizes the market based on manufacturers, regions, types, and applications, offering a comprehensive analysis of the current market landscape. The study includes historical data and future projections of market size in terms of value and volume. Additionally, it examines technological advancements and evaluates macroeconomic and regulatory factors shaping market dynamics.
Logistics Robots Market Size, Share & Industry Analysis, By Type (Automated Guided Vehicles, Autonomous Mobile Robots, Robot Arms, Others), By Application (Palletizing & De-palletizing, Pick & Place, Transportation, Others (Shipment & Delivery)), By Industry (E-commerce, Healthcare, Retail, Food & Beverages, Automotive, Others (Consumer Electronics)), and Regional Forecast, 2022-2029
Recent Industry developments of the market
- FANUC Corporation launched advanced LR-10iA/10 robots. These robots are compact and suitable for companies with limited floor space. These robots fit into machine tools for loading and unloading the parts. The LR-10iA/10 solution helps distribution centers, logistics warehouses, and manufacturers overcome obstacles associated with labor shortages and also reduces operating costs.
- Toyota Industries Corporation launched a global autonomous vehicle software development firm, T-Hive. The new firm T-Hive would provide a control system and industrial logistics robotics solutions, including automated guided forklifts, automated guided vehicles, and autonomous mobile robots. The new firm was established to meet the robots’ growing demands for its customers.
- ABB Ltd. launched collaborative robots named SWIFTI and GoFa cobot, offering high payloads and speeds for logistics and other industries. These cobots can deliver more robust, faster automation in several industries, including healthcare, electronics, consumer goods, logistics, food and beverages, and others.
- Kion Group AG partnered with Fraunhofer IML to develop swarm robots for warehouse management. The partnership made a logistic robots project and developed ‘the LoadRunner’ robot for warehousing. The next generation of autonomous transport vehicles revolutionizes intralogistics solutions with Artificial Intelligence (AI) technology. Swarm robotics simplifies the warehouses—with KION as the exclusive champion of the new technology.
- Toshiba Corporation’s subsidiary firm Toshiba Machine launched collaborative robots. With SCARA duo-arm and humanoid duo-arm cobots, the company expanded its robot line and prepared to do business as Shibaura Machines.
Why Should You Obtain This Report?
? Statistical Advantage: Access essential historical data and market projections for the Logistics Robots Market, equipping you with key statistics to drive informed decision-making.
? Competitive Landscape Mapping: Explore and evaluate the positions of key market players, offering a comprehensive view of the competitive landscape.
? Insight into Demand Dynamics: Gain in-depth knowledge of demand patterns, revealing market consumption trends and potential growth opportunities.
? Identification of Market Opportunities: Accurately assess market potential, empowering stakeholders to make well-informed strategic decisions.
Purchasing this report provides access to the latest and most reliable data, enhancing your market strategies and ensuring a well-informed position in the dynamic Machinery & Equipment industry. Each report is carefully crafted to deliver essential insights, empowering clients with the critical intelligence needed to thrive in this evolving market.
Regional insights
- North America: USA, Canada, Mexico, etc.
- Asia-Pacific: China, Japan, Korea, India, and Southeast Asia
- The Middle East and Africa: Saudi Arabia, the UAE, Egypt, Turkey, Nigeria, and South Africa
- Europe: Germany, France, the UK, Russia, and Italy
- South America: Brazil, Argentina, Columbia, etc.
Detailed TOC
- Introduction
- Scope of research
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market drivers
- Market restrictions
- Market Opportunities
- Key Insights
- Major Industry Developments – Mergers, Acquisitions and Partnerships
- Porter’s Five Forces Analysis
- SWOT Analysis
- Technological Developments
- Value Chain Analysis
TOC continues…!
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