Mobile Logistics Robot Market: Top factors are anticipated to drive the market growth by 2025
Rise in demand from e-commerce retailers to fasten up the transportation of goods and commodities along with perfect warehouse management and the need to ensure safety of workers at high-risk and hazardous workplaces drive the growth in the market. However, high initial acquisition cost and unseen challenges occurring in the untested working environments hamper the growth of the market. On the other hand, acceptance of mobile logistics robots in upcoming economies to fasten up the overall delivery and transport processes and emergence of industry 4.0 into logistics and warehousing offer new corridors of opportunities in the mobile logistics robot market.
Download Sample Report at: https://www.alliedmarketresearch.com/request-sample/5152
Warehouses to witness a robust growth in terms of revenue by 2025
Warehouses accounted for more than half of the total market share in 2017 and is likely to continue the lead in terms of revenue during the forecast period. This is due to warehouse robots augmenting the delivery and transportation of manufacturing units without incurring additional cost to the already existing eco-system. However, hospitality segment is expected to register the highest growth with a CAGR of 24.0% from 2017 to 2025, owing to improved capability to perform major task in the hospitality sector such as around delivery. The report also offers insights on healthcare and other industry verticals.
Pick and place functionality segment to maintain its top status by 2025
Pick and place functionality segmentaccounted for nearly one-third of the total market share in 2017 and will maintain its leadership status by 2025. This is due to increased productivity through time saving and flexibility. However, packaging segment is expected to register the highest CAGR of 22.5% from 2017 to 2025, owing to cost-effectiveness, quickness, class, cost-efficiency, and innovation in packaging, especially in pharmaceutical and food & beverage verticals by robots.
North America to grow at the fastest rate
North America is expected to grow at the fastest CAGR of 24.4% from 2017 to 2025, owing to surge in automation process across various business verticals and need to fasten up the overall operational and manufacturing processes. However, Asia-Pacific holds the major market share, accounting for more than half of the share, due to upsurge in manufacturing units and huge market opportunities for electronic and electric commodities.
For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/5152
Leading market players
Key market players evaluated in the research are Aethon (ST Engineering Ltd), Asic Robotics AG, Amazon Robotics, Clearpath Robotics Inc., Fetch Robotics, Ink, Greyorange, Kuka AG, Mobile Industrial Robot Aps (Teradyne, Inc.), Omron Adept Technologies, Inc. (Omron Corporation), and Savioke.
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
5933 NE Win Sivers Drive
#205, Portland, OR 97220
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Mobile Logistics Robot Market: Top factors are anticipated to drive the market growth by 2025 here
News-ID: 1677528 • Views: 445
More Releases from Allied Market Research
North America Geogrid Market 2020 Segmentation, Demand, Growth, Trend, Opportuni …
According to the report published by Allied Market Research, the North America geogrid market generated $282.0 million in 2019, and is estimated to reach $408.25 million by 2027, registering a CAGR of 7.0% from 2020 to 2027. The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios. Surge in infrastructure development activities across the U.S. and Mexico and superior physical properties
Intravenous Immunoglobulin (IVIG) Market 2020 In-Depth Analysis of Industry Shar …
Global intravenous immunoglobulin market accounted for $8,995 million in 2017, and is projected to reach $15,964 million by 2025, registering a CAGR of 7.5% from 2018 to 2025. Immunoglobulin (Ig) is a plasma-derived product, which is obtained from the serum of healthy donors. The isolated plasma product is clinically treated and purified to Ig, which can be further used in the treatment of patients with antibody deficiency. Intravenous immunoglobulin (IVIG) finds
Asthma and COPD Drugs Market Is Expected to Witness a Steady Growth by 2026
"Asthma and COPD Drugs Market by Disease and Medication Class - Global Opportunity Analysis and Industry Forecasts, 2014-2022", projects that the global market for Asthma and COPD Drugs was valued at $38,960 million in 2015 and would reach $50,359 million by 2022, registering a CAGR of 3.7% from 2016 to 2022. Asthma segment dominated the market in 2015 and expected to continue its dominance throughout the forecast period. North America
Synthetic Biology Market in Global Industry by Top Companies, Type and Applicati …
Global Synthetic biology market is forecast to reach $38.7 billion by 2020, at a CAGR of 44.2% during the forecast period (2014 - 2020). Europe occupies largest share in the global market and would hold-on to its position throughout 2020. However, Asia Pacific is the fastest growing market with a CAGR of 46.4% from 2014 - 2020. Read Full Report @ https://www.alliedmarketresearch.com/synthetic-biology-market Synthetic biology is at a nascent stage and has recently
More Releases for Robot
Global Humanoid Robot Market
Global Humanoid Robot Market was valued US$ 624.2 Mn in 2017 and is estimated to reach US$ 5, 455 Mn by 2026 at a CAGR of about 52.32% during a forecast period. Global humanoid robot market is segmented into the component, motion type, application, and region. On the basis of the component, a market is divided into hardware and software. based on motion type, the market is segmented into biped, wheel
Global Robot Vacuums Market Research
Global Robot Vacuums Market Research in addition, rising interest for automated vacuum cleaners can be ascribed to expanding center around accommodation and the travel industry areas, particularly in creating nations, combined with expanding tendency towards tidiness and cleanliness in the private segment inferable from less time accessibility for family unit errands because of busier ways of life Get sample copy of report: https://www.marketdensity.com/contact?ref=Sample&reportid=6220 Table of Contents 1 Robot Vacuums Market Overview 1.1 Product Overview
India’s first banking robot
Taking a cue from a Japanese bank – Bank of Tokyo-Mitsubishi UFJ – Indian banks plan to use robots with artificial intelligence. Kumbakonam-based City Union Bank launched India’s first robot on-site assistant, known as Lakshmi. The robot imitates human action, thereby reducing the response time to customers by up to 60% and improving accuracy tremendously. The bank became the first to deploy robots that can perform repetitive, high volume and time-consuming
Humanoid Robot Market 2017 Research & Development
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD) , market share and growth rate of Humanoid Robot in these regions, from 2012 to 2022 (forecast) , covering United States EU China Japan South Korea Taiwan For more information about this report at http://www.reportsweb.com/2012-2022-report-on-global-humanoid-robot-market-competition-status-and-forecast-market-size-by-players-regions-type-application Global Humanoid Robot market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including Kawada (Japan) (HRP-4) Honda (Japan)
Europe Cleaning Robot Market Report 2016
This report studies sales (consumption) of Cleaning Robot in Europe market, especially in Germany, UK, France, Russia, Italy, Benelux and Spain, focuses on top players in these countries, with sales, price, revenue and market share for each player in these Countries, covering Dyson Ltd. Ecovacs Robotics, Inc. Infinuvo iRobot Corporation Koninklijke Philips N.V. LG Electronics, Inc. Neato Robotics, Inc. Samsung Electronics Co., Ltd. Market Segment by Countries, this report splits Europe into several key Countries, with sales (consumption), revenue,
Robot Technology in the Ascendant
Multi Talent PARO® Juggles with Balls At the shared booth of the Ministry of Economic Affairs and Energy of the State of North Rhine-Westphalia, the PARO® palletising robot demonstrated its skills and flexibility when handling unusual package types: In addition to boxes, also balls were palletised in Hannover this year. The PARO® robot, originally designed for palletising processes at the end of production lines, placed balls onto an air stream at the