Global Under Drive Lifting Robot Market Is Set To Expand At A CAGR Of 6.3% To Reach US$ 2.7 Billion By The End Of 2033

PRESS RELEASE
Published April 23, 2023

The Drive Lifting Robot market refers to the market for robots that are designed to lift and move heavy loads within a warehouse or manufacturing facility. These robots are often used to automate material handling tasks, such as loading and unloading pallets, moving products between production lines, and storing goods in a warehouse. The global drive lifting robot market is expected to experience significant growth in the coming years due to the increasing demand for automation in manufacturing and warehousing operations. The rise of e-commerce and the need for faster and more efficient logistics operations is also driving the adoption of drive lifting robots.

There are several types of drive lifting robots available in the market, including automated guided vehicles (AGVs), autonomous mobile robots (AMRs), and gantry robots. AGVs are mobile robots that follow a pre-programmed path, while AMRs are more flexible and can navigate autonomously using sensors and mapping technology. Gantry robots are fixed robots that operate on a track and are often used for high-speed and heavy-duty applications. Key players in the drive lifting robot market include KUKA AG, ABB Ltd, Fanuc Corporation, Yaskawa Electric Corporation, and Omron Adept Technologies, Inc. These companies offer a range of drive lifting robots with various payload capacities and capabilities to meet the diverse needs of customers in different industries.

Overall, the drive lifting robot market is expected to continue to grow as companies seek to improve their productivity and efficiency through automation. As technology advances, we may see the development of new types of drive lifting robots that are even more capable and adaptable to meet the evolving needs of modern manufacturing and logistics operations.

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Key findings of the Under Drive Lifting Robot market study:

  • The report provides a present market outlook on Under Drive Lifting Robot. Additionally, the Under Drive Lifting Robot market share is anticipated to grow with a CAGR of 6.3% in the forecast period.
  • Regional breakdown of the Under Drive Lifting Robot market based on predefined taxonomy.
  • Innovative manufacturing processes implemented by Under Drive Lifting Robot vendors in detail.
  • Region-wise and country-wise fragmentation of the Under Drive Lifting Robot market to grasp the revenue, and growth outlook in these areas.
  • Changing preferences among consumers across various regions and countries.
  • Factors (Positive and Negative) impacting the growth of the global Under Drive Lifting Robot market.
  • Under Drive Lifting Robot price, market share, and Trends forecast for assessment period 2023-2033

How Expanding E-commerce Industry in the U.S. Positively Impacting the Market?

The expanding e-commerce industry in the U.S. is positively impacting the drive lifting robot market in several ways. First, as e-commerce continues to grow, there is a greater demand for automation and robotics to improve order fulfillment and logistics operations. Drive lifting robots are an important tool for companies to streamline their material handling processes, reduce labor costs, and improve productivity. Second, the e-commerce industry is characterized by high-volume, high-velocity, and high-variability order fulfillment processes. This presents challenges for traditional material handling methods and requires more flexible and adaptable solutions. Drive lifting robots, especially autonomous mobile robots (AMRs), are well-suited to handle these challenges and provide the flexibility and adaptability needed to efficiently and effectively move products in e-commerce warehouses and distribution centers.

Third, the expanding e-commerce industry is driving the growth of smaller, more localized distribution centers that are closer to customers. These smaller facilities require automation solutions that are more scalable and affordable than traditional fixed automation systems. Drive lifting robots, particularly AGVs and AMRs, are an attractive option for these facilities because they can be quickly deployed, easily reconfigured, and require minimal infrastructure investment. Finally, the growing demand for same-day and next-day delivery in the e-commerce industry is increasing the pressure on logistics operations to be more efficient and responsive. Drive lifting robots are able to operate 24/7 and can perform repetitive tasks quickly and accurately, reducing the time required to process orders and improving delivery times.

Overall, the expanding e-commerce industry in the U.S. is driving the adoption of drive lifting robots as companies seek to improve their order fulfillment and logistics operations. As e-commerce continues to grow, we can expect the demand for drive lifting robots to increase, leading to further innovation and advancements in the market.

Competitive landscape analysis

Manufacturers of robotic systems are expanding their portfolios to reach the under drive lifting robot sector.

As an example:

  • Techmetics Robotics, a prominent robotic deck lifting company, will unveil the TRV Max Series in March 2022. TRV lifter can move up to 550 lbs approaching shelf from underneath and carrying to target at a maximum speed of 1 m/s. To meet specific requirements, the model is also available in a robot cart version and a robot base version.
  • In June 2022, HORMANN Intralogistics, a component of the HORMANN company, announced a new collaboration with Caja Robotics, a prominent operator in robotic and flexible goods-to-person solutions. The partnership’s initial focus will be on German, Austrian, and Swiss warehousing solutions.

Some of the leading companies operating in the market are :

  • DEUS ROBOTS
  • Conveyco
  • Gridbots Technologies Private Limited.
  • HÖRMANN Group
  • Kaze
  • Locus Robotics
  • Mobile Industrial Robots A/S
  • Scallog
  • Shenzhen WellWit Robotics Co., Ltd
  • Techmetics Robotics

 What insights does the Under Drive Lifting Robot report provide to the readers?

  • Under Drive Lifting Robot fragmentation on the basis of product type, end use, and region.
  • Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape.
  • Collaborations, R&D projects, acquisitions, and product launches of each Under Drive Lifting Robot
  • Various regulations imposed by the governments on the consumption of Under Drive Lifting Robot in detail.

Segmentation of Under Drive Lifting Robot Industry Research

·         By Payload :

    • Up to 200 kg
    • 200-500 kg
    • 500-1000 kg
    • Above 1000 kg

·         By Navigation Technology :

    • Laser Guided Navigation
    • Magnetic Navigation
      • Magnetic Tape Navigation
      • Magnetic Spot Navigation
    • LiDAR SLAM Navigation
    • Vision Navigation
    • Combination (Multi Tech)

·         By Speed :

    • Up to 1 m/s
    • 1- 2 m/s
    • Above 2 m/s

·         By End Use Industry :

    • Aerospace & Defense
    • Automotive
    • Discrete Manufacturing
    • Electronics & Semiconductor
    • Food & Beverage
    • Healthcare
    • Logistics & Warehouse
    • Packaging
    • Paper & Printing
    • Retail e-Commerce
    • Others

·         By Region :

    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • MEA

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