Logistics Robots Market Overview, Growth Factors, Evolving Technology, Trends, Competitive Players, Industry Analysis & Forecast To 2030 | Universal Robots, Yaskawa Electric corporation, ABB

Logistics robots automate the process of storing and transporting products as they move through the supply chain. They are commonly employed to organize and carry things in warehouses and storage facilities, a procedure known as intralogistics, but they can also be utilized in other places where human entry is difficult and dangerous. Logistics robots save time over manual labor, resulting in increased productivity and profitability.

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The worldwide logistics robot market is expanding due to rising demand for logistics robots to save money and time in logistics operations. The increasing number of warehouse or storage unit incidents is prompting businesses to deploy logistics robots. Stringent safety requirements and regulations to avoid unsafe and hazardous environments involving gases or materials will drive the logistics robot market even further.

According to the International Federation of Robotics, sales of logistics robots increased significantly in 2017, with 69,000 units shipped, representing a 162% increase over 2016. Furthermore, according to 'A3 Robotics,' North America's largest automation trade group, 485,000 units are expected to be sold between 2019 and 2021, representing a CAGR of 10%.

Global Logistics Robot Market: Taxonomy

On the basis of product type, the global logistic robot market is segmented into:
• Automated Storage and Retrieval Systems (AS/RS)
• Automated Guided Vehicles (AGVs)
• Autonomous Mobile Robots (AMRs)
• Articulated Robotic Arms
• Others

On the basis of application, the global logistic robot market segmented into:
• Pick and Place
• Loading and Unloading
• Palletizing and De-palletizing
• Sorting
• Packaging
• Shipment and Delivery
• Others

On the basis of end-use industry, the global logistic robot market is segmented into:
• Healthcare
• E-Commerce
• Logistics & Warehouse
• Retail
• Agriculture
• Automotive
• Food & Beverages
• Chemical
• Others

On the basis of region, the global logistic robot market is segmented into:
• North America
• Latin America
• Asia Pacific
• Europe
• Middle East and Africa

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