With CAGR of 24.66%, Logistics Robot Market is set to Witness Huge Demand by 2030

Data Bridge Market Research analyses that the Logistics Robot Market was valued at USD 14.58 billion in 2022 and is expected to reach USD 85.03 billion by 2030, registering a CAGR of 24.66% during the forecast period of 2023 to 2030.

Industry Analysis

In the recent years, the demand for logistics robots increasing rapidly. The increasing demand for efficient operations has forced companies to spend on automating movements and the different areas in the facility with retrieval systems (AS/RS) and automated storage. Nowadays, several businesses are considering the introduction of logistic robots in their tasks to remove the risk of mistakes. According to the McKinsey study, Automation has reached its peak point for Omni channel warehouses, which puts the 23% annual growth rate for the warehouse automation market reaching $51 billion by 2030.

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Logistics robots include any autonomous machine or system which is used to automate maximize safety, product flows, and increase productivity in warehouse operations. These are flexible in nature and decrease the interference of human labour. Logistics robots are automated systems or machines used in storage units, ports, warehouses, and others. Logistics robots reduce the probability of human errors and simplify the operations.

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Global Logistics Robot Market Scope

The logistics robot market is segmented on the basis of product type, component, operation environment, application and end use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product Type
• Automated Storage and Retrieval Systems (AS/RS)
• Automated Guided Vehicles (AGVs)
• Autonomous Mobile Robots (AMRs)
• Articulated Robotic Arms
• Good-to-Person Technology (G2P)
• Others

Component
• Hardware
• Software
• Services

Operation Environment
• Factory Logistics Robots
• Warehouse Logistics Robots
• Outdoor Logistics Robots
• Other Logistics Robots

Application
• Palletizing and De-palletizing
• Pick and Place
• Loading and Unloading
• Packaging and Co-packing
• Shipment and Delivery
• Others

End User
• Healthcare
• Retail
• Agriculture
• Manufacturing
• Others

Competitive Landscape and Logistics Robot Market Share Analysis

The logistics robot market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to logistics robot market.

Some of the major players operating in the logistics robot market are:

• ABB (Switzerland)
• FANUC Corporation (Japan)
• YASKAWA ELECTRIC CORPORATION. (Japan)
• Toshiba Corporation (Japan)
• OMRON Corporation (Japan)
• Sidel Group (France)
• Krones AG (Germany)
• Fetch Robotics (U.S.)
• Midea Group (China)
• Bastian Solutions, LLC (U.S.)
• KION GROUP AG (Germany)
• Clearpath Robotics Inc. (U.S.)
• FedEx (U.S.)
• DHL International GmbH (Germany)
• Aramex (UAE)
• Universal Robots (Denmark)
• Clipper Logistics plc (U.K.)
• KUKA AG (Germany)

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