Logistics Robot Market Size, Industry Share, Forecast 2033

Description
Table of Contents

The global logistics robot market is expected to grow at a CAGR of around 20.1% during 2024-2033. This report on global logistics robot market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global logistics robot market by segmenting the market based on robot components, robot type, function, operation environment, end user, and region. Also, detailed profiles of companies operating in the logistics robot market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.

Market Drivers

The increasing implementation of advanced technology in the goods and service sector is a key factor boosting the logistics robots market growth. Logistics robots are being used in warehouses and fulfillment centers all across the world for their productivity and return on investment (ROI) benefits. In addition to this, the booming e-commerce industry is also expected to aid in the expansion of the market in the coming years. Since the advent of e-commerce, getting goods to the customer’s door or stores from the factories or warehouses has become a mammoth task for logistics companies. Therefore, the companies are adopting logistics robots for this herculean task which offers greater levels of uptime over manual labor, bolstering productivity in a vast array of professional environments.

Market Restraints

The logistics market requires capital-intensive high-tech technology and modern equipment for better customer service. For instance, technologically advanced equipment such as logistics robots are used to manage supply chain processes, in order to reduce the complexity of logistics operations. The lack of technical expertise among the workforce is a major factor that can affect the global logistics robot market. It is necessary for the logistics robot operators to know the working of robots along with periodic servicing necessities to ensure smooth operations.

Market Opportunities

It is expected that by 2050, the working age population will decrease significantly globally. Sectors such as logistics, healthcare, agriculture, and mining, which are already witnessing a scarcity of skilled workers, will suffer a significant impact. This has increased the adoption of robotics to minimize the dependence on manual labor. Also, higher adoption of logistics robots is extending the shift times reduces productivity and efficiency of employees along with the possibility of faults due to human error. Other factors such as rising incidences of accidents in warehouses or storage units is pushing the firms to employ logistics robots. Stringent safety norms and regulations to avoid dangerous and hazardous environment will further empower the logistics robot market in the coming years.

Recent Industry Development

In Nov 2021, Fanau Corporation launched LR-10iA/10 robots that are compact and suitable for companies with limited floor space.

In Apr 2021, ABB launched collaborative robots named SWIFTI and GoFa Cobot, that offer high payloads and speed for logistics and other industries.

Historical & Forecast Period

Base Year: 2023

Historical Period: 2019-2023

Forecast Period: 2024-2033

Report’s Unit: US$

Global Logistics Robot Market, Regional Analysis

Global Logistics Robot Market Segmentation

Market by Robot Components

Hardware
Software

Market by Type

Unmanned Ground Vehicles (UGVs)
Mobile Robots
Robotic Arms
Unmanned Aerial Vehicles (UAVs)
Others

Market by Function

Pick & Place
Packaging
Transportation
Palletizing & De-palletizing

Market by Operation Environment

Factory logistic robots
Warehouse logistic robots
Outdoor logistic robots
Others

Market by End-User

E-commerce
Retail
Automotive
Food & Beverages
Outsource Logistics
Healthcare
Consumer Goods
Others

Market by Region

Europe

Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Sweden
Poland
Rest of Europe

North America

United States
Canada

Asia Pacific

China
Japan
India
South Korea
Australia
ASEAN
Rest of Asia Pacific

Latin America

Mexico
Brazil
Argentina
Chile
Rest of Latin America

Middle East & Africa

Saudi Arabia
Turkey
Iran
United Arab Emirates
Rest of Middle East & Africa

List of Mentioned Companies

Report Coverage

Report Feature	Details
Base Year	2023
Historical Period	2019-2022
Forecast Period	2024-2033
Units	US$ Million
Segments Covered	Robot Components, Type, Function, Operation Environment, End-User, Region
Region Covered	Europe, North America, Asia Pacific, Latin America, Middle East and Africa
Companies Covered	ABB Ltd., Asic Robotics AG, Clearpath Robotics Inc., DAIFUKU, Fanuc Corporation, Fetch Robotics Inc., Kawasaki Heavy Industries, Kion Group AG, KUKA AG, Omron Corporation, Toshiba Corporation, Yaskawa Electric Corporation
Purchase Options	Single User License: US$ 2,999 Five User License: US$ 3,499 Corporate License: US$ 4,499

Research Methodology

During the course of the research study, we conducted extensive primary and secondary research. The research commenced with extensive exploration through secondary sources followed by primary research. With these research methods, we were able to estimate the market size, to identify the factors that promote the growth in this market as well as the factors that hamper the growth in the market.

Comprehensive primary and secondary methods helped us to identify the trends in the market and to project the opportunities that the key players may get during the forecast period. Apart from these approaches, various analytical and statistical approaches were also used during data extraction cleaning, and analysis.

Breakdown of Primary Research Participant's Profiles Post-secondary & primary research, we conducted expert interviews to validate all the information we collected during the course of the study. So, a blend of these three-way approaches helped us in data triangulation and to provide an accurate market scenario in our report.

Key Questions Answered in the Report

What will be the global logistics robot market size and the growth rate in the coming year?
What are the main key factors driving the market?
What are the key market trends impacting the growth of the market?
What are the market opportunities and threats in the market?
What industrial trends, drivers, and challenges are manipulating its growth?
Which are trending factors influencing the market shares of the top regions across the globe?
Who are the key market players in the industry?
What is the impact of Covid19 on the current industry?

1. Preface
1.1 Objective
1.2 Target Audience & Key Offerings
1.3 Report’s Scope
1.4 Research Methodology
1.4.1 Phase I
1.4.2 Phase II
1.4.3 Phase III
1.5 Assumptions
2. Key Insights
2.1. Global Market in 2023
2.2. Impact of COVID-19
2.3. Growth Opportunities and Challenges
2.4. Key Industry Trends
3. Global Logistics Robot Market Dynamics
3.1. Introduction
3.2. Market DROs
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Industry Trends
3.4. SWOT Analysis
3.5. Market Value Chain Analysis
3.6. Porter’s Five Forces Analysis
3.7. PESTLE Analysis
3.8. Key Price Indicators
3.9. Ansoff Matrix
3.10. Government Laws and Industry Regulations
4. Global Logistics Robot Market Analysis
4.1. Market Portraiture
4.2. Market Size (US$ Million, 2019-2023)
4.3. Market Forecast (US$ Million, 2024-2033)
4.4. Impact of COVID-19
4.5. Impact of Russia-Ukraine War
5. Global Logistics Robot Market by Robot Components (US$ Million, 2019-2033)
5.1. Introduction
5.2. Hardware
5.3. Software
5.4. Key Segment Investment Opportunity
6. Global Logistics Robot Market by Type (US$ Million, 2019-2033)
6.1. Introduction
6.2. Unmanned Ground Vehicles (UGVs)
6.3. Mobile Robots
6.4. Robotic Arms
6.5. Unmanned Aerial Vehicles (UAVs)
6.6. Others
6.7. Key Segment Investment Opportunity
7. Global Logistics Robot Market by Function (US$ Million, 2019-2033)
7.1. Introduction
7.2. Pick & Place
7.3. Packaging
7.4. Transportation
7.5. Palletizing & De-palletizing
7.6. Others
7.7. Key Segment Investment Opportunity
8. Global Logistics Robot Market by Operation Environment (US$ Million, 2019-2033)
8.1. Introduction
8.2. Factory logistic robots
8.3. Warehouse logistic robots
8.4. Outdoor logistic robots
8.5. Others
8.6. Key Segment Investment Opportunity
9. Global Logistics Robot Market by End-User (US$ Million, 2019-2033)
9.1. Introduction
9.2. E-commerce
9.3. Retail
9.4. Automotive
9.5. Food & Beverages
9.6. Outsource Logistics
9.7. Healthcare
9.8. Consumer Goods
9.9. Others
9.10. Key Segment Investment Opportunity
10. Global Logistics Robot Market by Region (US$ Million, 2019-2033)
10.1. Introduction
10.2. Europe
10.3. North America
10.4. Asia Pacific
10.5. Latin America
10.6. Middle East & Africa
10.7. Key Segment Investment Opportunity
11. Europe Logistics Robot Market (US$ Million, 2019-2033)
11.1. Introduction
11.2. Key Drivers and Takeaways
11.3. Europe Market Breakup by Robot Components
11.4. Europe Market Breakup by Type
11.5. Europe Market Breakup by Function
11.6. Europe Market Breakup by Operation Environment
11.7. Europe Market Breakup by End-User
11.8. Europe Market Breakup by Country
11.8.1. Germany
11.8.2. United Kingdom
11.8.3. France
11.8.4. Italy
11.8.5. Spain
11.8.6. Russia
11.8.7. Netherlands
11.8.8. Sweden
11.8.9. Poland
11.8.10. Rest of Europe
12. North America Logistics Robot Market (US$ Million, 2019-2033)
12.1. Introduction
12.2. Key Drivers and Takeaways
12.3. North America Market Breakup by Robot Components
12.4. North America Market Breakup by Type
12.5. North America Market Breakup by Function
12.6. North America Market Breakup by Operation Environment
12.7. North America Market Breakup by End-User
12.8. North America Market Breakup by Country
12.8.1. United States
12.8.2. Canada
13. Asia Pacific Logistics Robot Market (US$ Million, 2019-2033)
13.1. Introduction
13.2. Key Drivers and Takeaways
13.3. Asia Pacific Market Breakup by Robot Components
13.4. Asia Pacific Market Breakup by Type
13.5. Asia Pacific Market Breakup by Function
13.6. Asia Pacific Market Breakup by Operation Environment
13.7. Asia Pacific Market Breakup by End-User
13.8. Asia Pacific Market Breakup by Country
13.8.1. China
13.8.2. Japan
13.8.3. India
13.8.4. South Korea
13.8.5. Australia
13.8.6. ASEAN
13.8.7. Rest of Asia Pacific
14. Latin America Logistics Robot Market (US$ Million, 2019-2033)
14.1. Introduction
14.2. Key Drivers and Takeaways
14.3. Latin America Market Breakup by Robot Components
14.4. Latin America Market Breakup by Type
14.5. Latin America Market Breakup by Function
14.6. Latin America Market Breakup by Operation Environment
14.7. Latin America Market Breakup by End-User
14.8. Latin America Market Breakup by Country
14.8.1. Mexico
14.8.2. Brazil
14.8.3. Argentina
14.8.4. Chile
14.8.5. Rest of Latin America
15. Middle East and Africa Logistics Robot Market (US$ Million, 2019-2033)
15.1. Introduction
15.2. Key Drivers and Takeaways
15.3. Middle East and Africa Market Breakup by Robot Components
15.4. Middle East and Africa Market Breakup by Type
15.5. Middle East and Africa Market Breakup by Function
15.6. Middle East and Africa Market Breakup by Operation Environment
15.7. Middle East and Africa Market Breakup by End-User
15.8. Middle East and Africa Market Breakup by Country
15.8.1. Saudi Arabia
15.8.2. Turkey
15.8.3. Iran
15.8.4. United Arab Emirates
15.8.5. Rest of Middle East & Africa
16. Competitive Landscape
16.1. Competitive Dashboard
16.2. Key Industry Strategies Analysis
16.3. Recent Developments
16.4. Market Scenario
17. Company Profiles
17.1. ABB Ltd.
17.2. Asic Robotics AG
17.3. Clearpath Robotics Inc.
17.4. DAIFUKU
17.5. Fanuc Corporation
17.6. Fetch Robotics Inc.
17.7. Kawasaki Heavy Industries
17.8. Kion Group AG
17.9. KUKA AG
17.10. Omron Corporation
17.11. Toshiba Corporation
17.12. Yaskawa Electric Corporation

Description