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Logistics Robots Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Report Format: PDF+Excel | Report ID: SR112023A2545
Market Overview:
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 are self-directed floating devices utilized in warehouses and storage facilities to organize and transport products, a process which is known as intralogistics. These robots automate the process of storing and moving goods as they pass through the supply chain, improve the efficiency of logistics operations and reduce labor, machinery and maintenance costs. They also enhance human-machine collaboration and assist companies in complying with various workers’ safety regulations. Logistics robots lead to significant productivity gains and profitability as compared to conventional counterparts, such as forklifts, due to which their demand is escalating around the world.
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Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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An increase in the number of logistics and warehousing companies that are incorporating robots to improve speed and efficiency and remain competitive in the market are propelling the demand for logistics robots worldwide. Moreover, the adoption of advanced technologies, such as robotic warehousing and logistics technologies, is growing on account of the sudden outbreak of the coronavirus disease (COVID-19) and the consequent lockdowns imposed by governments of various countries to prevent the transmission of the pandemic. This can also be accredited to the temporary closure of manufacturing units, disruptions in the supply chain and labor shortage. Apart from this, due to the increasing internet penetration and a rising preference for online shopping, the e-commerce sector is burgeoning, especially in emerging economies. Organizations in this sector are emphasizing on improving the packaging quality, concentrating on timely delivery and deploying logistics robots, which is anticipated to fuel the market growth in the upcoming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global logistics robots market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on component, robot type, function, operation area and end use industry.
Breakup by Component:
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- 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:
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- 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
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being 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.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2022 |
| Historical Period | 2017-2022 |
| Forecast Period | 2023-2028 |
| Units | US$ Billion |
| Segment Coverage | Component, Robot Type, Function, Operation Area, End Use Industry, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered3xZCU | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | 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 |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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