Global Logistics Robot Market, By Application (Pick & Place, Palletizing & DE palletizing, Transport

Published Date: | Report Code : IT1958405

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Increase in need for safety among workers in the workplace is expected to drive the growth of logistics robot market during the forecast period. This has resulted in some of the key developments by companies operating in the market to consolidate their market positions and look for further niche opportunities.

Mobile logistics robots are automated machines that make logistics operations more efficient. In logistics networks, the use of robots acts as an effective solution to the usual belt-based transport system. These robots are smart devices fitted with sensors, manipulators, control systems, power supply, and software to accomplish an effective job. Warehouse and robotics technology integration has helped ensure accuracy and automation while enhancing warehouse storage room and operational efficiency.

As per business requirements, the evolution of the logistic robotic setup has reduced the associated time losses and intimidation of theft. For example, according to the International Robotics Federation, with 69,000 devices mounted, the portable logistics robot sector encountered solid development in 2017, which implies a rise of 162 percent over 2016. In conjunction with this, it is anticipated that logistics robots will be fitted with characteristics such as dynamic 3D binocular cameras & fish eye cameras, ultrasonic devices, 10 hours storage lives, 50 kg cargo capability, and inventory leadership tools & web facilities.

Due to labor demand, the Asia Pacific region is expected to dominate the global robot logistics industry during the forecast period. The application of robots is expected to provide increased efficiency with the growth of the e-commerce industry in the region. Additionally, North American countries including the U.S. and selective European countries such as the U.K. and France are projected to grow at a tremendous speed in the logistics robots market to bring the new automated process into different industries. The Middle East is still emerging with regards to this market.

Key Factors Impacting Market Growth:

  • Increase in need for safety among workers in the workplace

  • High initial acquisition cost

  • Emergence of industry 4.0 into logistics and warehousing

Regional Analysis:

By region, the logistics robot market is estimated to be dominated by North America, Western Europe, and Asia Pacific during the forecast period. With technological advancements and cluster of global companies operating in these regions, these regions hold key to the growth and development of logistics robot market during the forecast period. Most of the leading companies have operations in these regions to cater the potential end users in the respective region. The North America logistics robot market is further segmented by US, Canada, and Mexico, whereas Germany, UK, France, Italy are estimated to be some of the major markets in Western Europe.

Asia Pacific region is segmented by China, Japan, South Korea, India and Australia. Middle East and Eastern Europe are estimated to be potential markets with growing demand during the forecast period. Major countries in these regions include Russia, UAE, Saudi Arabia, Israel, and others.

Key Developments:

  • In 2019, online retail giant Amazon has introduced new machines in several of its US warehouses that scan and box items to be sent to customers. The company has started adding the machines which are known as the CartonWrap and made by Italy's CMC to select warehouses and is considering expanding the rollout.

  • In 2019, Amazon acquired Boulder, Colorado based warehouse robotics startup Canvas Technology. This adds another important piece to Amazon Robotics’ growing portfolio of fulfillment center machines.

Companies Covered: Aethon (ST Engineering Ltd), Asic Robotics AG, Amazon Robotics, Clearpath Robotics Inc., Fetch Robotics.Inc., Greyorange, Kuka AG, Mobile Industrial Robot Apps (Teradyne, Inc.), Omron Adept Technologies, Inc. (Omron Corporation), and Savioke...

Market Segmentation:

By Application:

  • Pick & Place

  • Palletizing & Depalletizing

  • Transportation

  • Packaging

By End User Industry:

  • Healthcare

  • Factory/Warehouse

  • Hospitality

  • Others

By Region:

  • North America

    • By Country (US, Canada, Mexico)

    • By Application

    • By End User Industry

  • Western Europe

    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)

    • By Application

    • By End User Industry

  • Eastern Europe

    • By Country (Russia, Turkey, Rest of Eastern Europe)

    • By Application

    • By End User Industry

  • Asia Pacific

    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)

    • By Application

    • By End User Industry

  • Middle East

    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)

    • By Application

    • By End User Industry

  • Rest of the World

    • By Region (South America, Africa)

    • By Application

    • By End User Industry

Reasons To Buy This Report:

  • Market size estimation of the global logistics robot market on regional and global basis

  • Unique research design for market size estimation and forecast

  • Profiling of major companies operating in the market with key developments

  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment

  • By Sub-segment

  • By Region/Country

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