Logistics Robots Market Analysis: Business Growth, Development Factors, and Upcoming Trends (2023-2030)

Fortune Business Insights' most recent report, "𝑳𝒐𝒈𝒊𝒔𝒕𝒊𝒄𝒔 𝑹𝒐𝒃𝒐𝒕𝒔 𝑴𝒂𝒓𝒌𝒆𝒕 𝑹𝒆𝒑𝒐𝒓𝒕 𝒃𝒚 2024": Growth Opportunities and Forecast, provides actionable insights into the Machinery & Equipment industry. The report features demand analysis, industry insights, competitive intelligence, and a customer database. The logistics robots market research report offers a comprehensive assessment of the market, including strategic insights into future trends, growth factors, supplier and demand landscapes, year-on-year growth rate, CAGR, and pricing analysis. It also provides various business matrices, including Porter's Five Forces Analysis, PESTLE Analysis, Value Chain Analysis, Four Ps Analysis, Market Attractiveness Analysis, BPS Analysis, and Ecosystem Analysis.

Logistics robots are used in the logistics process. These are flexible in nature and reduce the need for human labor. Robots are automated machines used in warehouses, storage units, ports, and other locations to perform logistics operations. This helps to simplify operations and reduces the possibility of human error.

𝑮𝒆𝒕 𝒚𝒐𝒖𝒓 𝒇𝒓𝒆𝒆 𝒔𝒂𝒎𝒑𝒍𝒆 𝒓𝒆𝒑𝒐𝒓𝒕 [𝑷𝑫𝑭] -https://www.fortunebusinessinsights.com/enquiry/sample/logistics-robots-market-102923

𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐮𝐦𝐦𝐚𝐫𝐲:
The global logistics robots market size was valued at 𝐔𝐒𝐃 𝟔.𝟏𝟕 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟏 and is projected to grow from 𝐔𝐒𝐃 𝟕.𝟏𝟏 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟐 to 𝐔𝐒𝐃 𝟐𝟏.𝟎𝟏 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 by 𝟐𝟎𝟐𝟗, exhibiting a 𝐂𝐀𝐆𝐑 𝐨𝐟 𝟏𝟔.𝟕% during the forecast period. Asia Pacific dominated the logistics robots market with a market share of 𝟑𝟒.𝟏𝟗% 𝐢𝐧 𝟐𝟎𝟐𝟏.

The COVID-19 pandemic has had an unprecedented and staggering global impact. In comparison to pre-pandemic levels, demand for logistics robots has moderated across all regions. According to our analysis, there was an average 14.1% decline in the global market in 2020 compared to 2019.

𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬:
• FANUC Corporation launched advanced LR-10iA/10 robots. These robots are compact and suitable for companies with limited floor space. These robots fit into machine tools for loading and unloading the parts. The LR-10iA/10 solution helps distribution centers, logistics warehouses, and manufacturers overcome obstacles associated with labor shortages and also reduces operating costs.
• Toyota Industries Corporation launched a global autonomous vehicle software development firm, T-Hive. The new firm T-Hive would provide a control system and industrial logistics robotics solutions, including automated guided forklifts, automated guided vehicles, and autonomous mobile robots. The new firm was established to meet the robots' growing demands for its customers.
• ABB Ltd. launched collaborative robots named SWIFTI and GoFa cobot, offering high payloads and speeds for logistics and other industries. These cobots can deliver more robust, faster automation in several industries, including healthcare, electronics, consumer goods, logistics, food and beverages, and others.

𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:
Some major companies are ABB Ltd (Switzerland), KUKA AG (Germany), Toyota Industries Corporation (Japan), Fanuc Corporation (Japan), Yaskawa Electric Corporation (Japan), Kion Group Ag (Germany), Toshiba Corporation (Japan), Krones AG (Germany), Kawasaki Heavy Industries Ltd. (Japan), Omron Corporation (Japan)

𝐀𝐧𝐲 𝐪𝐮𝐞𝐫𝐲 𝐟𝐞𝐞𝐥 𝐟𝐫𝐞𝐞 & 𝐀𝐬𝐤 𝐟𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐑𝐞𝐩𝐨𝐫𝐭| https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/warehouse-robotics-market-108713

𝐃𝐫𝐢𝐯𝐢𝐧𝐠 𝐟𝐚𝐜𝐭𝐨𝐫𝐬:
• Developments in warehouse chain and logistics corridor to minimize truck operation time.
• Increasing adoption of robotics in industries like pharma and automotive to enhance manufacturing processes.
• Use of articulated robots for complex operations with precision and speed.
• Growth of Industry 4.0, driving demand for advanced robotics.
• Warehouse shuttles and mobile robots improving warehouse management operations.

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬:
The report covers five key regions: North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. The Asia Pacific region is expected to experience significant growth in the coming years, driven by the presence of manufacturing industries. China is a leading buyer of logistics robots, with a robot density far surpassing other nations.

Governments in the Asia Pacific are also investing in healthcare infrastructure to encourage a shift from traditional open surgeries to laparoscopic and robotic surgeries. For example, Japan is already transitioning to minimally invasive techniques and robotic surgery. The expanding e-commerce sector is further boosting product demand in the region.

China stands out as a top consumer of logistics robots across multiple industries, such as chemicals, automotive, and electronics. Companies like ABB, KION GROUP AG, and FANUC CORPORATION are focusing on mergers and acquisitions to enhance their market presence in China's logistics robotics market.

North America led the logistics robots market in 2020, fueled by rapid warehouse and distribution center construction. Investments in smart factories and automated warehouses are increasing product demand. Growth in e-commerce, retail, and healthcare sectors will significantly contribute to revenue growth in the region. Companies are adopting logistics robots to reduce costs and save time, especially in response to rising accidents in warehouses. Additionally, strict safety regulations aimed at preventing hazards from gases and substances are expected to further propel market growth in North America.

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:
• 𝐁𝐲 𝐓𝐲𝐩𝐞- Automated Guided Vehicles, Autonomous Mobile Robots, Robot Arms, Others (UAVs)
• 𝐁𝐲 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧- Palletizing & De-palletizing, Pick & Place, Transportation, Others (Shipment & Delivery)
• 𝐁𝐲 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲- E-commerce, Healthcare, Retail, Food & Beverages, Automotive, Others (Consumer Electronics)

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:
• 𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚-(By Type, By Application, By Industry & By Country), U.S. (By Type), Canada (By Type)
• 𝐄𝐮𝐫𝐨𝐩𝐞- (By Type, By Application, By Industry & By Country), Germany (By Type), U.K. (By Type), France (By Type), Rest of Europe
• 𝐀𝐬𝐢𝐚 𝐏𝐚𝐜𝐢𝐟𝐢𝐜- (By Type, By Application, By Industry & By Country), China (By Type), India (By Type), Japan (By Type), Southeast Asia (By Type), Rest of Asia Pacific
• 𝐌𝐢𝐝𝐝𝐥𝐞 𝐄𝐚𝐬𝐭 & 𝐀𝐟𝐫𝐢𝐜𝐚- (By Type, By Application, By Industry & By Country), South Africa (By Type), GCC (By Type), Rest of Middle East & Africa
Latin America- (By Type, By Application, By Industry & By Country), Brazil (By Type), Mexico (By Type), Rest of Latin America

𝐇𝐞𝐫𝐞 𝐚𝐫𝐞 𝐬𝐨𝐦𝐞 𝐚𝐧𝐨𝐭𝐡𝐞𝐫 𝐭𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭 𝐫𝐞𝐩𝐨𝐫𝐭 𝐛𝐲 𝐅𝐨𝐫𝐭𝐮𝐧𝐞 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬:
𝐖𝐚𝐫𝐞𝐡𝐨𝐮𝐬𝐞 𝐑𝐨𝐛𝐨𝐭𝐢𝐜𝐬 𝐌𝐚𝐫𝐤𝐞𝐭|https://www.fortunebusinessinsights.com/warehouse-robotics-market-108713

𝐀𝐠𝐫𝐢𝐜𝐮𝐥𝐭𝐮𝐫𝐚𝐥 𝐑𝐨𝐛𝐨𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭|https://www.fortunebusinessinsights.com/agricultural-robots-market-109044

𝐈𝐨𝐓 𝐢𝐧 𝐌𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭|https://www.fortunebusinessinsights.com/industry-reports/internet-of-things-iot-in-manufacturing-market-101677

𝐓𝐚𝐛𝐥𝐞 𝐨𝐟 𝐂𝐨𝐧𝐭𝐞𝐧𝐭𝐬:
• Introduction
o Research Scope
o Market Segmentation
o Research Methodology
o Definitions and Assumptions
• Executive Summary
• Market Dynamics
o Market Drivers
o Market Restraints
o Market Opportunities
• Key Insights
o Key Industry Developments - Merger, Acquisitions, and Partnerships
o Porter's Five Forces Analysis
o SWOT Analysis
o Technological Developments
o Value Chain Analysis

𝑻𝑶𝑪 𝑪𝒐𝒏𝒕𝒊𝒏𝒖𝒆𝒅…!

𝐑𝐞𝐩𝐨𝐫𝐭 𝐜𝐨𝐯𝐞𝐫𝐚𝐠𝐞:
The market research report delivers an in-depth examination of various types, applications, and industries. It includes an overview of major companies, detailing their business operations, product types, and primary applications. Furthermore, the report offers a comprehensive look at the competitive environment, featuring a SWOT analysis, along with current market trends and pivotal drivers and challenges. Additionally, it highlights several elements that have fueled market growth in recent years.

𝐅𝐀𝐐'𝐬 𝐀𝐫𝐞 𝐜𝐨𝐯𝐞𝐫𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭:
𝟏. 𝐖𝐡𝐚𝐭 𝐰𝐚𝐬 𝐭𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐥𝐨𝐠𝐢𝐬𝐭𝐢𝐜𝐬 𝐫𝐨𝐛𝐨𝐭𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 𝐬𝐢𝐳𝐞 𝐢𝐧 𝟐𝟎𝟐𝟏?
The global logistics robots market was valued at USD 6.17 billion in 2021.

𝟐. 𝐖𝐡𝐚𝐭 𝐢𝐬 𝐭𝐡𝐞 𝐞𝐱𝐩𝐞𝐜𝐭𝐞𝐝 𝐠𝐫𝐨𝐰𝐭𝐡 𝐨𝐟 𝐭𝐡𝐞 𝐥𝐨𝐠𝐢𝐬𝐭𝐢𝐜𝐬 𝐫𝐨𝐛𝐨𝐭𝐬 𝐦𝐚𝐫𝐤𝐞𝐭?
The market is projected to grow from USD 7.11 billion in 2022 to USD 21.01 billion by 2029, with a compound annual growth rate (CAGR) of 16.7%.

𝟑. 𝐖𝐡𝐢𝐜𝐡 𝐫𝐞𝐠𝐢𝐨𝐧 𝐝𝐨𝐦𝐢𝐧𝐚𝐭𝐞𝐝 𝐭𝐡𝐞 𝐥𝐨𝐠𝐢𝐬𝐭𝐢𝐜𝐬 𝐫𝐨𝐛𝐨𝐭𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐧 𝟐𝟎𝟐𝟏?
Asia Pacific held the largest share of the logistics robots market, accounting for 34.19% of the market in 2021.

𝟒. 𝐇𝐨𝐰 𝐝𝐢𝐝 𝐭𝐡𝐞 𝐂𝐎𝐕𝐈𝐃-𝟏𝟗 𝐩𝐚𝐧𝐝𝐞𝐦𝐢𝐜 𝐚𝐟𝐟𝐞𝐜𝐭 𝐭𝐡𝐞 𝐥𝐨𝐠𝐢𝐬𝐭𝐢𝐜𝐬 𝐫𝐨𝐛𝐨𝐭𝐬 𝐦𝐚𝐫𝐤𝐞𝐭?
The COVID-19 pandemic led to moderate demand for logistics robots across regions. In 2020, the global market experienced an average decline of 14.1% compared to 2019.

𝟓. 𝐖𝐡𝐚𝐭 𝐢𝐬 𝐭𝐡𝐞 𝐟𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐩𝐞𝐫𝐢𝐨𝐝 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐥𝐨𝐠𝐢𝐬𝐭𝐢𝐜𝐬 𝐫𝐨𝐛𝐨𝐭𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 𝐠𝐫𝐨𝐰𝐭𝐡?
The forecast period for the projected growth is from 2022 to 2029.

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This release was published on openPR.