Title: Logistics Robots Market Growth, Demand and Challenges of the Key Industry Players 2032
1Global Logistics Robots Market Research and
Forecast Report 2024-2032
2023 IMARC All Rights Reserved
2About IMARC Group
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3Report 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.
4Report 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.
5Report 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
6Report 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
7Report 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
8Report 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
9Report Segmentation
- Automotive
- Others
- Breakup by Region
- North America
- Asia-Pacific
- Europe
- Latin America
- Middle East and Africa
10Competitive 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
11Key Questions Answered in the Report
12Key Questions Answered in the Report
13Table of Contents
- 1 Preface2 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
Methodology3 Executive Summary4
Introduction 4.1 Overview 4.2 Key
Industry Trends5 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
14Table 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
15Partial List of Clients
16Partial List of Clients
17Disclaimer
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