According to the recent report by IMARC Group, titled “Logistics Robots Market” Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,”The global logistics robots market size reached a value of US$ 11.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 49.4 Billion by 2027, exhibiting at a CAGR of 24.16% during 2022-2027
Logistics robots Industry Definition and Application:
Logistics robots are self-directed machinery with smart systems used to organize and transport productsin warehouses. They are equipped with manipulators, sensors, power supply, control system, and software to perform different tasks efficiently. They help automate the process of storing and transporting goods and reduce human labor, error, machinery, and maintenance costs. They also aid in handling complex variables and responding quickly and independently.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Logistics Robots Market Trends:
The increasing use of online retail and e-commerce platforms across the globe is catalyzing the demand for efficient transportation and real-time inventory.This represents one of the key factors positively influencing the market. Apart from this, logistics robots fasten the process of transporting goods and promote higher safety levels among the workers, which is acting as another growth-inducing factor. Furthermore, the integration of advanced technologies, such as three-dimensional (3D) laser vision,to determine the ideal loading or unloading sequence and carry out the entire process with the utmost accuracy is propelling the market growth.
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Logistics Robots Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Affirmed Networks Inc. (Microsoft Corporation), Amdocs, Argela Technologies (Türk Telekomünikasyon A.?.), Aria Networks Ltd., BT Group plc, Cisco Systems Inc., Hewlett Packard Enterprise Development LP, Huawei Technologies Co. Ltd., Mavenir, NEC Corporation (AT&T Inc.), Nokia Corporation, Samsung Electronics Co. Ltd, Telefonaktiebolaget LM Ericsson and ZTE Corporation.
The report has segmented the market on the basis on component, end user and industry vertical.
Breakup by Component:
Breakup by Robot Type:
- Autonomous Mobile Robots
- Automated Guided Vehicles
- Robotic Arms
Breakup by Function:
- Pick and Place
- Loading and Unloading
- Packing and Co-Packing
- Shipment and Delivery
Breakup by Operation Area:
- Factory Logistics Robots
- Warehouse Logistics Robots
- Outdoor Logistics Robots
Breakup by End Use Industry:
- Food and Beverages
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022- 2027)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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