Logistics Robot Market Growth, Technological Advancement and Future Analysis by 2025 | Top Players: Aethon, Asic Robotics AG, Amazon Robotics, Clearpath Robotics Inc among Others

A recent report published by QMI on logistics robot market is a detailed assessment of the most important market dynamics. After carrying out thorough research of logistics robot market historical as well as current growth parameters, business expectations for growth are obtained with utmost precision. The study identifies specific and important factors affecting the market for logistics robot during the forecast period. It can enable manufacturers of logistics robots to change their production and marketing strategies in order to envisage maximum growth.

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According to the report, the increase in need for safety among workers in the workplace is expected to drive the growth of logistics robot market during the forecast period. This has resulted in some of the key developments by companies operating in the market to consolidate their market positions and look for further niche opportunities.

Mobile logistics robots are automated machines that make logistics operations more efficient. In logistics networks, the use of robots acts as an effective solution to the usual belt-based transport system. These robots are smart devices fitted with sensors, manipulators, control systems, power supply, and software to accomplish an effective job.
Important Developments:

o In 2019, online retail giant Amazon has introduced new machines in several of its US warehouses that scan and box items to be sent to customers. The company has started adding the machines which are known as the CartonWrap and made by Italy's CMC to select warehouses and is considering expanding the rollout.

o In 2019, Amazon acquired Boulder, Colorado based warehouse robotics startup Canvas Technology. This adds another important piece to Amazon Robotics' growing portfolio of fulfillment center machines.

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Factors that will have a significant impact on the market growth are:

o Increase in need for safety among workers in the workplace
o High initial acquisition cost
o Emergence of industry 4.0 into logistics and warehousing

Insights about regional distribution of market:
The market has been segmented in major regions to understand the global development and demand patterns of this market.

For logistics robot market, the segments by region are for North America, Asia Pacific, Western Europe, Eastern Europe, Middle East, and Rest of the World. During the forecast period, North America, Asia Pacific and Western Europe are expected to be major regions on the logistics robot market.

North America and Western Europe have been one of the key regions with technological advancements in ICT, electronics & semiconductor sector. Factors like the use of advanced technology and presence of global companies to cater the potential end users are favourable for the growth of logistics robot market. Also, most of the leading companies have headquarters in these regions.

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Asia Pacific is estimated to be one of the fastest growing markets for logistics robot market. Major countries in the Asia Pacific region are China, Japan, South Korea, India and Australia. These economies in the APAC region are major contributors in the ICT, electronics & semiconductor sector. In addition to this, government initiatives to promote technological advancement in this region are also one of the key factors to the growth of logistics robot market. Middle East and rest of the World are estimated to be emerging regions for logistics robot market.

Companies Covered: Aethon (ST Engineering Ltd), Asic Robotics AG, Amazon Robotics, Clearpath Robotics Inc., Fetch Robotics.Inc., Greyorange, Kuka AG, Mobile Industrial Robot Apps (Teradyne, Inc.), Omron Adept Technologies, Inc. (Omron Corporation), and Savioke

Market Segmentation:

By Application:
o Pick & Place
o Palletizing & Depalletizing
o Transportation
o Packaging

By End User Industry:
o Healthcare
o Factory/Warehouse
o Hospitality
o Others

By Region:

North America
o By Country (US, Canada, Mexico)
o By Application
o By End User Industry

Western Europe
o By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
o By Application
o By End User Industry

Eastern Europe
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Application
o By End User Industry

Asia Pacific
o By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
o By Application
o By End User Industry

Middle East
o By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
o By Application
o By End User Industry

Rest of the World
o By Region (South America, Africa)
o By Application
o By End User Industry

Reasons To Buy This Report:

o Market size estimation of the global logistics robot market on regional and global basis
o Unique research design for market size estimation and forecast
o Profiling of major companies operating in the market with key developments
o Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:
o By Segment
o By Sub-segment
o By Region/Country

Contact:

Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
Phone: APAC +91 706 672 4848 / US +1 208 405 2835 / UK +44 121 364 6144
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com

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This release was published on openPR.