Logistics robots are self-directed floating devices that are used to organize and transport products in warehouses and storage facilities, a process known as intralogistics. These robots automate the storage and movement of commodities as they go through the supply chain, increasing the efficiency of logistical operations and lowering personnel, machinery, and maintenance expenses. They also improve human-machine collaboration and help businesses comply with various worker safety standards. Logistics robots provide considerable efficiency and profitability improvements when compared to traditional counterparts such as forklifts, and as a result, their demand is increasing globally.
The growing number of logistics and warehousing firms using robots to improve speed and efficiency and remain competitive in the market is driving demand for logistics robots globally. Furthermore, as a result of the sudden outbreak of the coronavirus disease (COVID-19) and the subsequent lockdowns imposed by governments of various countries to prevent pandemic transmission, the adoption of advanced technologies, such as robotic warehousing and logistics technologies, is increasing. This can also be attributed to temporary manufacturing unit closures, supply chain interruptions, and labor shortages. Aside from that, the e-commerce sector is thriving, particularly in emerging economies, due to increased internet coverage and a growing demand for online purchasing.
Read market research report, ” Global Logistics Robots Market Segmented By Type (Automated Guided Vehicles, Autonomous Mobile Robots, Robot Arms, Others), By Application (Palletizing & De-palletizing, Pick & Place, Transportation, Others), By Industry (E-commerce, Healthcare, Retail, Food & Beverages, Automotive, Others) & By Region – Forecast And Analysis 2021-2027” by SkyQuest
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Since the introduction of e-commerce, delivering items from factories or warehouses to customers’ doors or stores has become a massive task for logistics companies. According to our estimates, “global warehousing and logistics robot unit shipments will increase to an anticipated 620,000 units per year by 2021.” As a result, the solution to this mammoth task of transporting goods far and wide becomes clear: the advent of robotics in logistics. The usage of logistics robotics provides considerably greater levels of uptime than manual labor, boosting productivity in a wide range of professional settings.
The market is divided into palletizing & de-palletizing, pick & place, transportation, and others based on application. The transportation segment is expected to thrive during the forecast period as a result of the rise of numerous industries such as E-commerce, retail, healthcare, and others. The increasing deployment of AGVs for transporting bulky goods throughout warehouse facilities is also contributing to the transportation segment’s growth. Furthermore, one of the significant applications done by AGVs is palletizing and de-palletizing. With the increased sales of autonomous mobile robots, robotic arms, and other products, the pick & place segment is likely to grow significantly in the future years. These robots are mostly used to do repetitive jobs such as picking and arranging boxes and containers.
The global market is divided into five regions: North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. In 2020, North America is expected to have the largest market share in the world. This is due to the increased construction of warehouses and distribution centers around the region. Furthermore, large investments in the development of industry 4.0, smart factories, and automated warehousing systems are driving up sales of logistics-type robots in this region. Furthermore, the region’s expanding E-commerce, healthcare, and retail industries will play an important role in increasing the deployment of these robots. The Asia Pacific region is expected to develop at a faster rate in the coming years due to the significant presence of manufacturers in this region. Countries such as China and South Korea are focusing heavily on improving old technology in order to remain competitive in the global market. Furthermore, the growing E-commerce and automotive sectors in the Asia Pacific region are propelling the logistics robot industry. China is a major buyer of logistics robots. According to secondary research, the country is well ahead of others in terms of robot density assessed across industries such as logistics, chemicals, automotive, electronics, and others.
The report also examined the market’s competitive landscape, with 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, and Yaskawa Electric Corporation among the key players.
Key market participants such as ABB and others are implementing various marketing strategies including mergers and acquisitions, new product launches, partnerships, and joint ventures to expand their global footprint. In addition, they are collaborating with start-ups to incorporate novel technology into their existing product lines. For instance, in November 2020, FANUC CORPORATION America teamed with Plus One Robotics (a market player in Al machine vision for logistics robots) to provide E-commerce customers with industry-leading automation solutions.
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SkyQuest has segmented the Global Logistics Robots Market by Type, Application, Industry, and Region:
- Global Logistics Robots Market by Type (Revenue, USD Million, 2021 – 2027)
- Automated Guided Vehicles
- Autonomous Mobile Robots
- Robot Arms
- Others
- Global Logistics Robots Market by Application (Revenue, USD Million, 2021 – 2027)
- Palletizing & De-palletizing
- Pick & Place
- Transportation
- Others
- Global Logistics Robots Market by Industry (Revenue, USD Million, 2021 – 2027)
- E-commerce
- Healthcare
- Retail
- Food & Beverages
- Automotive
- Others
- Global Logistics Robots Market by Region (Revenue, USD Million, 2021 – 2027)
- North America
- S.
- Canada
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Rest of Asia Pacific
- Central & South America
- Brazil
- Rest of CSA
- Middle East & Africa
- GCC Countries
- South Africa
- Rest of MEA
- North America
List of Key Players of Logistics Robots market
- ABB (Switzerland)
- Toyota Industries Corporation (Japan)
- Kawasaki Heavy Industries, Ltd. (Japan)
- Fanuc Corporation (Japan)
- Vecna Robotics (US)
- KUKA AG (Augsburg, Germany)
- Yaskawa America, Inc. (US)
- Dematic (US)
- Krones AG (Germany)
- M.A. Industria Macchine Automatiche S.P.A. (Italy)
- Columbia/Okura LLC (US)
- IAM Robotics (US)
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