Logistics Robots Market by Product Type, Distribution Channel, End User 2024-2032

The global logistics robots market size reached US$ 18.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 98.9 Billion by 2032, exhibiting a growth rate (CAGR) of 19.7% during 2024-2032.

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1. Global Logistics Robots Market Research and Forecast Report 2024-2032 Format: PDF+EXCEL © 2023 IMARC All Rights Reserved

2. About IMARC Group International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all regions and industry verticals to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

3. Report Highlight and Description According to the latest report by IMARC Group, titled  "Logistics Robots Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032,"  the  global logistics robots market size reached US$ 18.7 Billion in 2023. Factors Affecting the Growth of the Logistics Robots Industry: Demand for Automation in Warehouses: The rising need for automation in warehouses is supporting the market growth. Businesses are under pressure to expedite their logistics and delivery systems as online shopping and just-in-time (JIT) production models gain prominence. Automation through robots significantly enhances efficiency, reduces human error, and increases throughput in warehouse operations. These robots, equipped with artificial intelligence (AI) and machine learning (ML) capabilities, can adapt to varying inventory tasks, manage stock more effectively, and work continuously without fatigue. They are also instrumental in reducing labor costs and addressing labor shortages in the logistics sector.

4. Report Highlight and Description Advancements in Robotic Technology: Improvements in robotic technology is propelling the growth of the market. Modern logistics robots are becoming more intelligent, versatile, and cost-effective than their predecessors. Improvements in sensors, AI, ML algorithms, and robotic mechanics are enabling robots to perform complex tasks with higher precision and reliability. These advancements are expanding the range of applications for logistics robots, making them suitable for various environments, ranging from small warehouses to large distribution centers. Additionally, the integration of the internet of things (IoT) and cloud technologies allows for real-time data analysis and remote monitoring, enhancing operational efficiency. This technological enhancement is not only improving the capabilities of logistics robots but also making them more accessible to a broader range of businesses. Labor Shortage and Rising Labor Costs: The shortage of skilled labor and rising labor costs, especially in the logistics and manufacturing sectors, is causing hindrance in the operations. Logistics robots present a viable solution to this problem by automating tasks that are typically labor-intensive.

5. Report Highlight and Description By integrating robots into their operations, companies can maintain consistent productivity levels despite workforce fluctuations. Additionally, robots can perform tasks around the clock without the need for breaks, vacations, or sick leave, offering a level of reliability and efficiency that is hard to achieve with human labor alone. This shift not only helps companies manage their operational costs better but also allows them to reallocate their human workforce to more complex, value-added tasks where human skills and intelligence are irreplaceable. Request for a PDF sample of this report: https://www.imarcgroup.com/logistics-robots-market/requestsample

6. Report Description Global Logistics Robots Market Trends : The rising use of robotics-as-a-service (RaaS) models in logistics is contributing to the market growth. RaaS allows companies to lease robots or pay for robotic services on a subscription basis rather than investing in the outright purchase of robotic systems. This model lowers the barrier to entry for smaller and medium-sized enterprises (SMEs) that might need more capital for large upfront investments. It also provides flexibility, as companies can scale their robotic workforce up or down according to demand. This trend reflects a shift towards more adaptable, cost-effective robotic solutions in logistics, allowing a broader range of businesses to leverage robotic technology. Looking forward, IMARC Group expects the market to reach US$ 98.9 Billion by 2032, exhibiting a growth rate (CAGR) of 19.7% during 2024-2032. View Report TOC, Figures and Tables : https://www.imarcgroup.com/logistics-robots-market

7. Report Segmentation Breakup by Component: 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

8. Report Segmentation 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

9. Report Segmentation Automotive Others Breakup by Region: North America Asia-Pacific Europe Latin America Middle East and Africa

10. Competitive Landscape with Key Players 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 Yaskawa Electric Corporation

11. Key Questions Answered in the Report

12. Key Questions Answered in the Report

13. Table of Contents 1    Preface 2    Scope and Methodology     2.1    Objectives of the Study     2.2    Stakeholders     2.3    Data Sources         2.3.1    Primary Sources         2.3.2    Secondary Sources     2.4    Market Estimation         2.4.1    Bottom-Up Approach         2.4.2    Top-Down Approach     2.5    Forecasting Methodology 3    Executive Summary 4    Introduction     4.1    Overview     4.2    Key Industry Trends 5    Global Logistics Robots Market     5.1    Market Overview     5.2    Market Performance     5.3    Impact of COVID-19   5.4    Market Forecast 6     Market Breakup by Component 6.1 Hardware 6.1.1 Market Trends 6.1.2 Market Forecast 6.2 Software 6.2.1 Market Trends 6.2.2 Market Forecast 7 Market Breakup by Robot Type 7.1 Autonomous Mobile Robots 7.1.1 Market Trends 7.1.2 Market Forecast        

14. Table of Contents 7.2 Automated Guided Vehicles 7.2.1 Market Trends 7.2.2 Market Forecast 7.3 Robotic Arms 7.3.1 Market Trends 7.3.2 Market Forecast 7.4 Others 7.4.1 Market Trends 7.4.2 Market Forecast 8 Market Breakup by Function 8.1 Pick and Place 8.1.1 Market Trends 8.1.2 Market Forecast 8.2 Loading and Unloading 8.2.1 Market Trends 8.2.2 Market Forecast 8.3 Packing and Co-Packing 8.3.1 Market Trends 8.3.2 Market Forecast 8.4 Shipment and Delivery 8.4.1 Market Trends 8.4.2 Market Forecast 8.5 Others 8.5.1 Market Trends 8.5.2 Market Forecast 9 Market Breakup by Operation Area 9.1 Factory Logistics Robots 9.1.1 Market Trends 9.1.2 Market Forecast For more information, visit : https://www.imarcgroup.com/logistics-robots-market/toc

15. Partial List of Clients

16. Partial List of Clients

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