Press release
Logistics Robots Market is Estimated to Reach USD 25.71 Billion By 2030: Cognitive Market Research
Logistics Robots Market is Estimated to Reach USD 25.71 Billion By 2030: Cognitive Market Research
Logistics robots are designed to move and manage goods in warehouses and distribution centers. These robots can perform various tasks such as the transportation of materials, picking and placement of items, and sorting of packages. Logistics robots can be programmed to navigate through the warehouse, avoiding obstacles and determining optimal routes. Some robots use sensors and cameras to recognize and locate objects and to identify barcodes and QR codes. It can also be integrated with warehouse management systems to streamline the flow of goods and reduce errors.
Summary:
• As per the study of CMR, The Global Logistics Robots Market Size Was Valued at USD 7.18 Billion In 2022 And is Expected to Grow at a CAGR Of 17.29 % During the Forecast Period, Reaching USD 25.71 Billion By 2030.
• Increasing demand for e-commerce along with advances in robotics technology is the major driving factor for the growth of the logistics robots market.
• North America is expected to dominate the logistics robots market during the forecast period.
To know more about The Logistics Robots Market statistics click here: https://www.cognitivemarketresearch.com/logistics-robots-market-report
What are the driving factors for the logistics robots market?
Increasing demand for e-commerce along with advances in robotics technology is the main driving factor contributing to the growth of the logistics robots market during the forecast period. The growth of e-commerce has led to an increase in demand for efficient logistics operations. Logistics robots can help to streamline the fulfillment process and improve order accuracy. Additionally, many warehouses and delivery centers are facing a shortage of workers have driven market growth over the forecast period.
However, the initial investment required to implement logistics robots can be significant and technical complexity may obstruct the growth of the logistics robot market in near future. Further, the advancements in sensors, artificial intelligence, and machine learning have enabled logistics robots to become more sophisticated and efficient. This is expected to create great opportunities for the market during the forecast period.
Global logistics robots market robot type segmentation:
• Autonomous Mobile Robots
• Automated Guided Vehicles
• Robot Arms
• Others
The automated guided vehicles segment is a major revenue contributor in terms of robot type, AGVs offer several benefits for logistics operations, including increased efficiency, improved safety, and reduced labor costs. They can operate without breaks and can be programmed to operate in a coordinated manner to optimize material flow and reduce congestion.
Global logistics robots market application segmentation:
• Packaging
• Palletizing
• Material handling
• Pick and Place
• Inspection
• Others
Based on application, the packaging segment held a significant share in 2022 owing to the companies can improve operational efficiency, reduce labor costs, and improve order accuracy for packaging applications. Robotic technology can help to streamline the packaging process and reduce the risk of errors or damage to products during handling.
Global logistics robots market end-use industry segmentation:
• Aerospace and Defense
• Automotive
• Chemicals & Materials
• Electrical & Electronics
• Food and Beverage
• Healthcare
• Mining & Oil & Gas
• Retail & e-Commerce
• Warehousing
• Packaging
• Others
Based on end-use industry, the warehousing segment held a significant share in 2022 owing to the logistics robots are increasingly being used in warehousing operations to improve efficiency and productivity.
Global logistics robots market axes segmentation:
• 4 axis or less
• 5 axis
• 6 axis or more
Competitive Analysis of Logistics Robots Market: ABB, TOYOTA INDUSTRIES CORPORATION, Kawasaki Heavy Industries Ltd., FANUC CORPORATION, Vecna Robotics, KUKA AG, Yaskawa America Inc, Dematic, Krones AG, Columbia/Okura LLC, IAM Robotics, TOSHIBA CORPORATION, Teradyne Inc
Get free sample pages of the latest published Logistics Robots Market Report: https://www.cognitivemarketresearch.com/logistics-robots-market-report
North America is expected to dominate the logistics robots market during the forecast period.
As per CMR analysis, North America is expected to dominate the logistics robots market during the forecast period. The growth of market is significantly growing in the region due to the favorable regulatory environment for logistics robots and the region has many large warehouses and delivery centers that are well-suited for the use of logistics robots. North America is the main hub for many leading robotics companies and technology providers, which are driving innovation and advancements in the field of logistics robots.
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Logistics Robots Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Logistics Robots Market Segmentation
1.5.1 Logistics Robots Market Regional Fragmentation
1.5.1 Logistics Robots Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Logistics Robots Market
• 3.1 Global Logistics Robots Market Size 2018 - 2030, (USD Million)
• 3.2 Global Logistics Robots Value, Absolute & Opportunity Analysis
• 3.3 Global Logistics Robots Market Y-o-Y Growth Rate Projection by Region (2023 - 2030)
• 3.4 Global Logistics Robots Market Statistics 2022: Snapshot
Chapter 4 Global Logistics Robots Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Logistics Robots Market by Type Segmentation Analysis (2018-2030)
Chapter 10 Global Logistics Robots Market by Application Segmentation Analysis (2018-2030)
Chapter 11 Global Logistics Robots Market by End User Segmentation Analysis (2018-2030)
Chapter 12 Global Logistics Robots Market by Axes Segmentation Analysis (2018-2030)
Chapter 13 Global Logistics Robots Market Regional Analysis
Chapter 14 North America Logistics Robots Market Outlook (2018 - 2030)
Chapter 15 Europe Logistics Robots Market Outlook (2018 - 2030)
Chapter 16 Asia Pacific Logistics Robots Market Outlook (2018 - 2030)
Chapter 17 Latin America Logistics Robots Market Outlook (2018 - 2030)
Chapter 18 Middle East and Africa Logistics Robots Market Outlook (2018 - 2030)
Chapter 19 Research Findings
Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)
To know more about The Logistics Robots Market TOC click here: https://www.cognitivemarketresearch.com/logistics-robots-market-report#table_of_contents
Related Report:
• Articulated Robotic Systems Market- https://www.cognitivemarketresearch.com/articulated-robotic-systems-market-report
• Industrial Robots in Automotive Market- https://www.cognitivemarketresearch.com/industrial-robots-in-automotive-market-report
• Articulated Robot Market- https://www.cognitivemarketresearch.com/articulated-robot-market-report
• Autonomous Mobile Robot AMR Market- https://www.cognitivemarketresearch.com/autonomous-mobile-robot-amr-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
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Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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