The logistics robot market will reach USD 17.82 billion in 2028;

Pune, India, May 5, 2021 (GLOBE NEWSWIRE) – The world logistics robot market is expected to grow thanks to the increasing integration of stand-alone solutions in warehouses. The growing need to automate various tasks, such as transport, pick & place and digitization, would also have a positive effect on growth. In November 2019, for example, OMRON Corporation unveiled its new mobile robots capable of moving a payload capacity of up to 250 kg. This information is published by Fortune Business Insights in a new report, titled, “Logistics robot market, 2021-2028. ‘According to the report, the market size is expected to increase from 6.17 billion USD in 2021 to 17.82 billion USD in 2028 at a CAGR of 16.4% over the forecast period. He stood at 5.38 billion USD in 2020.

Urgent need for factory automation to propel growth amid COVID-19 pandemic

The COVID-19 pandemic severely affected the market in the first half of 2020 due to the temporary closure of manufacturing plants and warehouses across the world. In the second half of 2020, various companies felt the urgent need to automate their factories. So he put the logistics supply chain on the right track in omnichannel execution and also created multiple opportunities for logistics robots. With our experience and expertise, we will provide you with a detailed research report to help you prepare for the future and generate more logistics robot sales.

Click here to get the short and long term impact of COVID-19 on this logistics robot market.

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Segments-

Outstanding performance of the automatic guided vehicle segment 45.4% Share in 2020: Fortune Business Insights ™

By applications, the logistics robot market is separated into palletizing and depalletizing, pick & place, transport and others. Based on industry, it is classified into e-commerce, healthcare, retail, food and beverage, automotive, and others. Finally, by type, it is fragmented into autonomous mobile robots, automatic guided vehicles, robot arms and others. Among these, the segment of automated guided vehicles generated 45.4% in terms of logistics robots market share in 2020. This growth is due to their ability to move easily in factories and warehouses.

Cover of the report

The report aims to analyze the logistics robots market taking into account the contributions, outlook and trends. It offers detailed profiles of each key company operating in the industry to analyze their core competencies in each segment. In addition, he works to help our clients better understand competitive developments, such as collaborations, new product launches, partnerships, mergers, joint ventures and acquisitions.

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Conductors and Restraints-

Growing number of customers online to force retailers to adopt logistics robotics

The e-commerce industry is growing rapidly around the world due to the increasing number of online customers. Therefore, retailers constantly strive to meet given delivery times. They do this by adopting logistics robots to help them perform complex tasks. However, in developing countries, companies face several challenges in deploying new robotics in their industries, supported by the requirement for huge investments. This factor could hamper the growth of the logistics robot market in the coming years.

Regional analysis-

Growing need to modernize existing technologies will drive growth in Asia-Pacific

Geographically, Asia-Pacific has won $ 1.78 billion in 2020 in terms of turnover. The growing emphasis on modernization programs to improve existing technologies, especially in South Korea and China, would boost growth. North America, on the other hand, is expected to remain at the forefront due to increasing investments in the implementation of automated warehouse systems, smart factories and Industry 4.0.

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Competitive landscape

Key players focus on collaborative efforts to strengthen their positions

Key companies in the market are adopting advanced technologies to gain competitive advantage. Most of them participate in collaborative efforts, such as deals, contracts and joint ventures with local businesses to compete with their rivals. Vecna ​​Robotics, for example, is considered a leading organization in the logistics robot industry. It has a strong supply chain. At the same time, it adopted robotic warehouse systems to gain sales quickly. Here are the two latest developments in the industry:

  • March 2018 – KUKA AG has entered into a strategic partnership with Midea Group Company to expand its geographic presence and strengthen its position in China for the manufacture of innovative products.
  • September 2018 – ABB announced the acquisition of Intrion Company to strengthen its logistics robot solutions. It would help the former to provide delivery to a huge customer base to meet the high demand of the e-commerce industry.

Fortune Business Insights ™ lists the names of logistics robots manufacturers. They are:

  • ABB (Zurich, Switzerland)
  • TOYOTA INDUSTRIES CORPORATION (Aichi, Japan)
  • Kawasaki Heavy Industries, Ltd. (Tokyo, Japan)
  • FANUC CORPORATION (Yamanashi, Japan)
  • Vecna ​​Robotics (Waltham, USA)
  • KUKA AG (Augsburg, Germany)
  • Yaskawa America, Inc. (Waukegan, US)
  • Dematic (Atlanta, United States)
  • Krones AG (Neutraubling, Germany)
  • IMA INDUSTRIA MACCHINE AUTOMATICHE SPA (Bologna, Italy)
  • Columbia / Okura LLC (Vancouver, United States)
  • IAM Robotics (Pittsburgh, United States)
  • TOSHIBA CORPORATION (Tokyo, Japan)
  • Teradyne Inc. (North Reading, United States)
  • OMRON Corporation (Kyoto, Japan)
  • Asic Robotics AG (Berthoud, Switzerland)
  • The Hi-Tech Robotic Systemz (Gurgaon, India)
  • Bastian Solutions, Inc. (Indianapolis, United States)
  • Daifuku Co., Ltd. (Osaka, Japan)
  • Vanderlande Industries BV (Veghel, The Netherlands)
  • KION GROUP AG (Frankfurt, Germany)

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Contents:

  • introduction
    • Definition, by segment
    • Research methodology / approach
    • Information source
  • summary
  • Market dynamics
    • Macro and micro economic indicators
    • Drivers, constraints, opportunities and trends
    • Impact of COVID-19 on the logistics robot market
      • Short term impact
      • Long term impact
  • Competition landscape
    • Business strategies adopted by the main players
    • Consolidated SWOT analysis of the main players
    • Porter’s Five Forces Analysis
    • Global Logistics Robots Market Share Analysis and Matrix, 2020
  • Key market information and strategic recommendations
  • Key player profiles (would be provided for 10 players only)
  • Overview
      • Key management
      • Headquarters etc.
    • Offers / business segments
    • Key details (Key details are subject to data availability in the public domain and / or on chargeable databases)
      • Employee size
      • Past and current income
      • Geographic share
      • Share of business segment
    • Recent developments
  • Answers to primary interviews

TOC Continued…!

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About Joaquin Robertson

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