Global Logistic Robots Market 2023 | Size, Share, Industry Demand, Growth Rate, Current Trends, Forecast 2028

According to the latest report by IMARC Group, titled, "Logistics Robots Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", The global logistics robots market size reached US$ 15.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 58.6 Billion by 2028, exhibiting a growth rate (CAGR) of 22.6% during 2023-2028.

Logistics robots refer to automated machines used in warehouses to organize and transport products or goods.Some of the commonly available logistics robots include automated guided vehicles, autonomous mobile robots, robot arms and specialized unarmed aerial vehicles (UAVs). They are operated using intralogistics solutions and move through the supply chain for increasing the efficiency of logistics operations and reducing labor, machine and maintenance costs. Other factors, including the increasing adoption of logistics robots in the healthcare industry for delivering medicines and processing laboratory samples, along with the rising demand for automated packaging and delivery processes, are creating a positive outlook for the market.

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Logistics Robots Market Trends:

The global logistics robot market is primarily being driven by significant growth in the e-commerce industry. With the increasing consumer preference for online shopping,there is a rising demand for robotic solutions among product manufacturers and retailers to perform repetitive production tasks, manage inventory and monitor deliveries. Moreover, various technological advancements, such as the integration of robotic systems with artificial intelligence (AI), machine learning (ML) and warehouse management software solutions, are favoring the market growth. They also enhance human-machine cooperation and assist the organizations in complying with various occupational health and safety regulations. As a result, they are widely used across e-commerce, healthcare, food and beverages and automotive industries.

Logistics Robots Market 2023-2028 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

ABB Ltd., Asic Robotics AG, Clearpath Robotics Inc., FANUC Corporation, Fetch Robotics Inc., Kion Group AG, KUKA Aktiengesellschaft (Midea Group Co. Ltd.), Omron Corporation, Toshiba Corporation and Yaskawa Electric Corporation.

The report has segmented the market on the basis on component, end user and industry vertical.

Breakup by Component:

Hardware
Software

Breakup by Robot Type:

Autonomous Mobile Robots
Automated Guided Vehicles
Robotic Arms
Others

Breakup by Function:

Pick and Place
Loading and Unloading
Packing and Co-Packing
Shipment and Delivery
Others

Breakup by Operation Area:

Factory Logistics Robots
Warehouse Logistics Robots
Outdoor Logistics Robots
Others

Breakup by End Use Industry:

E-Commerce
Healthcare
Retail
Food and Beverages
Automotive
Others

Breakup by Region:

North America: (United States, Canada)
Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa

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Key highlights of the report:

Market Performance (2017-2022)
Market Outlook (2023- 2028)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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