About Logistics Robotics
Logistics Robotics are the automated machines that are procedures for storing and moving goods as a supply chain. These are used as a warehouse and storage facilities to organize and transport products, a process referred to as intralogistics, but they can be used in other settings too. Logistics robots offer far greater levels of uptime over manual labor, leading to major productivity gains and profitability for those deploying logistics robots. By adopting robotics technology, logistics companies can significantly increase their productivity and streamline their operations, which can help them expand their market presence by providing a competitive edge over their rivals.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global Logistic Robotics market is highly competitive and consists of some key players. In terms of market share, few of the key players presently dominate the global market. These market players are leveraging on strategic collaborative creativities to intensify their market share and escalate their profitability. Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global Logistics Robotics market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
ABB (Switzerland), Amazon Robotics (United States), Agility Robotics (United States), AWL-Techniek Holding B.V. (Netherland), Geekplus Technology Co., Ltd. (United States), Boston Dynamics (United States), Logistex (United Kingdom), Dematic (United States), Fanuc Corporation (Japan), Fetch Robotics (United States), GreyOrange (Georgia), IAM Robotics (United States), Kawasaki Heavy Industries, Ltd (Japan), Kion Group Ag (Japan), Krones AG (Germany) and KUKA AG (Germany) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Teradyne Inc. (United States), Toshiba Corporation (Japan), Toyota Industries Corporation (Japan), Vecna Robotics (United States) and Yaskawa Electric Corporation (Japan).
Segmentation Overview
AMA Research has segmented the market of Global Logistics Robotics market by Type (Autonomous Mobile Robots, Articulated Robots, Robot Arms and Others), Application (Warehousing, Order fulfilment, E- Commerce and Inventory Management) and Region.
On the basis of geography, the market of Logistics Robotics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Function, the sub-segment i.e. Pick and Place will boost the Logistics Robotics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Retail will boost the Logistics Robotics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising in the Pharmaceutical & Automation Industry
Market Growth Drivers:
Increase in need for safety among workers and Increase usage in the warehouse for operational efficiency.
Challenges:
Lack of trained expertise or skilled professionals
Restraints:
Data Theft Concern
Opportunities:
Advancements in artificial intelligence (AI), machine learning (ML), and sensor technology and Increasing in demand for Articulate Robotics
Market Leaders and their expansionary development strategies
In December 2023, Geekplus has partnered with Logistex, The partnership will enable Logistex customers to automate material handling processes, optimise inventory management, and improve order fulfilment accuracy and speed.
In March 2023, Agility Robotics launched the next generation of Digit, the first human-centric, multi-purpose robot made for logistics work. Digit is designed from the ground up to go where people go and do useful work safely in spaces designed for people, starting with bulk material handling within warehouses and distribution centers.
Key Target Audience
Manufacturing Industry, Market Research & Consultancy Firm, Potential Investors, Government & Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.