Logistics Robots Market: Size, Growth Prospects, and Revenue Trends Through 2024

The Logistics Robots Market sector is undergoing significant transformation, with substantial growth and technological advancements expected by 2032. According to a new in-depth market research report, the sector is poised for expansion, driven by various factors such as market size, share, and emerging trends.

This comprehensive report provides key insights into the Logistics Robots Market, exploring critical market segmentation and definitions. It highlights the essential components driving growth, offering a clear picture of the industry’s trajectory. Utilizing SWOT and PESTEL analyses, the report evaluates the market’s strengths, weaknesses, opportunities, and threats, while also considering political, economic, social, technological, environmental, and legal factors that impact the market landscape.

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Market Summary:

The global logistics robots market size was valued at USD 6.17 billion in 2021 and is projected to grow from USD 7.11 billion in 2022 to USD 21.01 billion by 2029, exhibiting a CAGR of 16.7% during the forecast period. Asia Pacific dominated the logistics robots market with a market share of 34.19% in 2021.

Recent industry developments are;

• 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.

Browse Detailed TOC, Tables and Figures with Charts which is spread across 100+ Pages that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.

Major Players:

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)

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Logistics Robots Market Segmentation:

By Type

• Automated Guided Vehicles
• Autonomous Mobile Robots
• Robot Arms
• Others (UAVs)

By Application

• Palletizing & De-palletizing
• Pick & Place
• Transportation
• Others (Shipment & Delivery)

By Industry

• E-commerce
• Healthcare
• Retail
• Food & Beverages
• Automotive
• Others (Consumer Electronics)

Reasons to purchase this report:

This report offers a detailed analysis of the competitive landscape, emerging growth areas, market conditions, and key trends within the Logistics Robots Market. It helps businesses identify expansion opportunities while addressing potential risks and challenges. By assessing product portfolios and business segments, the report provides valuable insights that guide stakeholders in formulating informed investment and market strategies.

The in-depth understanding of industry dynamics presented in the report supports the creation of effective strategies for success in the Logistics Robots Market, greatly enhancing decision-making. Overall, this report is an essential resource for those looking to stay updated in this rapidly evolving industry.

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Drivers & Restraints:

• Drivers:
  • Increasing demand for automation in supply chain and warehousing operations driving the adoption of logistics robots to enhance efficiency and reduce labor costs.
  • Technological advancements in robotics, including improved navigation and AI capabilities, enabling logistics robots to perform complex tasks with greater accuracy.
• Restraints:
  • High initial investment and integration costs associated with logistics robots may deter small and medium-sized enterprises from adopting these technologies.
  • Concerns about job displacement and the need for skilled personnel to operate and maintain robotic systems can hinder market acceptance.

Table of Contents:

• Introduction
  • Research Scope
  • Market Segmentation
  • Research Methodology
  • Definitions and Assumptions
• Executive Summary
• Market Dynamics
  • Market Drivers
  • Market Restraints
  • Market Opportunities
• Key Insights
  • Key Industry Developments – Merger, Acquisitions, and Partnerships
  • Porter’s Five Forces Analysis
  • SWOT Analysis
  • Technological Developments
  • Value Chain Analysis

TOC Continued…!

Logistics Robots Market Regional Segmentation:

• North America (By Type, By Application, By Industry & By Country)
  • U.S. (By Type)
  • Canada (By Type)
• Europe (By Type, By Application, By Industry & By Country)
  • Germany (By Type)
  • U.K. (By Type)
  • France (By Type)
  • Rest of Europe
• Asia Pacific (By Type, By Application, By Industry & By Country)
  • China (By Type)
  • India (By Type)
  • Japan (By Type)
  • Southeast Asia (By Type)
  • Rest of Asia Pacific
• Middle East & Africa (By Type, By Application, By Industry & By Country)
  • South Africa (By Type)
  • GCC (By Type)
  • Rest of Middle East & Africa
• Latin America (By Type, By Application, By Industry & By Country)
  • Brazil (By Type)
  • Mexico (By Type)
  • Rest of Latin America

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