REPORT SCOPE & OVERVIEW:
The Logistics Robots Market size was estimated at USD17.12 Billion in 2022 and is expected to reach USD 59.2 Billion by 2030 at a CAGR of 16.8% during the forecast period of 2023-2030.
In logistics operations, logistics robots are utilized. These are adaptable in nature and lessen reliance on human effort. The robots are automated equipment that executes logistical tasks in warehouses, storage facilities, ports, and other locations. This simplifies procedures and reduces the possibility of human error. Automated guided vehicles (AGVs), autonomous mobile robots (AMRs), and robot arms are the three categories of logistics robots. An AGV is a sort of autonomous mobility vehicle that is typically used to transport stuff from one location to another. AGVs are extensively utilized in factories, warehouses, distribution centers, and airports. AGVs mostly employ lane routes, signal pathways, or signal beacons for navigation. Sensors, cameras, artificial intelligence, and machine vision are all used by AMRs.
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MARKET DYNAMICS
DRIVERS
Logistics robots boost operational efficiency and cost savings by automating processes, reducing mistakes, and optimizing warehouse management. These advantages motivate adoption, especially in companies with high-volume logistical operations.
Technological advancements in robotics technology, such as enhanced sensors, artificial intelligence, and machine learning, have made logistics robots more powerful, adaptable, and cost-effective, propelling market expansion even further.
Concern for the Environment The logistics business is becoming more concerned with sustainability and lowering carbon emissions. Automation, such as the utilization of electric-powered logistics robots, can help to create more environmentally friendly logistics operations.
RESTRAIN
High start-up costs The initial expenditure necessary to integrate logistics robots, which includes purchase, installation, and integration into current systems, can be a substantial barrier for many businesses, particularly small and medium-sized corporations.
Integrating logistics robots into current supply chain and warehouse management systems can be difficult and time-consuming.
Concerns regarding cybersecurity and the preservation of sensitive information are growing as logistics robots become increasingly linked and reliant on data. It might be difficult to ensure the security of these systems.
OPPORTUNITY
Global Growth In emerging areas where logistical infrastructure is increasing, the logistics robot industry has substantial development potential. This covers areas that are rapidly urbanizing and experiencing significant trade.
Specialization and customization The ability to customize logistics robots for specific industry demands and Industrial Verticals opens the door to specialized solutions such as medical logistics, food handling, and hazardous material transfer.
CHALLENGES
Downtime and maintenance Maintaining logistics robots properly and limiting downtime due to technological faults are continuous concerns for organizations that rely on these systems.
Human-robot Collaboration As logistics robots become increasingly common, it is necessary to solve the issues of human-robot collaboration in shared workspace while guaranteeing safety and efficiency.
Innovation and competition The market for logistics robots is extremely competitive, with multiple competitors fighting for market dominance. Staying ahead of the competition via innovation and differentiation is a constant struggle for manufacturers.
IMPACT OF RUSSIA-UKRAINE WAR
Prices for a variety of goods, including fertilizers, food, and oil and gas, rose as a result of the Russia-Ukraine conflict. Supply chain interruptions have raised freight rates, caused container shortages, and reduced the amount of warehouse space available. The Russia-Ukraine war has had a wide-ranging impact on the global logistics business. When the Russia-Ukraine war began to damage the sector, the impacts of the epidemic on storage capacity and container availability had only recently begun to fade. The conflict slowed the movement of System Types, fueled price hikes and System Type shortages, and caused global food shortages.
IMPACT OF ONGOING RECESSION
While logistics robots can increase System Typeivity and save long-term operational costs, the initial investment might be substantial. Businesses may have financial restrictions during a recession and be less willing to participate in capital-intensive operations. This might hinder the use of logistics robots. Recessions can disrupt global supply chains, limiting the availability of components and materials needed to build logistics robots. As a result, firms in the robotics industry may face delays and supply chain issues. When smaller firms quit or are bought by larger organizations, economic downturns can lead to market consolidation. This has the potential to alter the competitive landscape for logistics robots.
KEY MARKET SEGMENTATION
By Type
Automated Guided Vehicles
Autonomous Mobile Robots
Robot Arms
Others (UAVs)
By Application
Palletizing & De-palletizing
Pick & Place
Transportation
Others (Shipment & Delivery)
By Industry
E-commerce
Healthcare
Retail
Food & Beverages
Automotive
Others (Consumer Electronics)
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REGIONAL COVERAGE
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
The rest of Latin America
REGIONAL ANALYSES
Due to the increasing building of warehouses and distribution facilities, North America will hold the largest logistics robot market share in 2020. Investments in smart manufacturing and automated warehouses are also increasing system-type sales. Growth in e-commerce, retail, and healthcare will all play a significant part in the region's revenue growth. Growing demand for these robots in logistics operations to save money and time is propelling the market in the area forward. Companies are turning to logistics robots in response to an increase in warehouse and storage unit incidents. Strict safety requirements and regulations aimed at avoiding hazardous situations involving gases and chemicals will enhance the region's logistics robot market growth.
Because the automotive and industrial sectors provide the most income in the European area, corporations are concentrating their efforts on expanding their operations across borders. Robotics as a Service (RaaS) is a popular business concept that makes it easier for clients to automate with robots. The benefit is that there is no hardware investment required; therefore, businesses do not require fixed capital, fixed costs, or robot operators. The usage of logistic systems in non-manufacturing industries has substantially influenced warehouse solutions for major e-commerce enterprises. Hospitals that manage logistics with the aid of professional service robots have a lot of promise as well. Approximately 90% of logistics robots sampled in the professional service robot market were built in Europe.
Key Players
The major Key players are ABB Ltd, KUKA AG, Toyota Industries Corporation, Fanuc Corporation, Yaskawa Electric Corporation, Kion Group Ag, Toshiba Corporation, Krones AG, Kawasaki Heavy Industries Ltd., Omron Corporation, and Other Players
Toyota Industries Corporation-Company Financial Analysis
RECENT DEVELOPMENT
Fanuc Corporation: In November 2021, Fanuc Corporation introduced the sophisticated LR-10iA/10 robots. These robots are small and ideal for businesses with limited floor space. These robots are designed to load and unload parts from machine equipment. The LR-10/A-10 system assists distribution centers, logistics warehouses, and manufacturers in overcoming labor scarcity challenges while also lowering operational expenses.
Toyota Industries Corporation: In April 2021, T-Hive, a worldwide autonomous vehicle software development organization, was created by Toyota Industries Corporation. T-Hive, the new company, would offer a control system as well as industrial logistics robotics solutions such as automated guided forklifts, automated guided vehicles, and autonomous mobile robots. The new company was formed to address the rising demand for robots among its clients.
| Report Attributes | Details |
| Market Size in 2022 | US$ 17.12 Bn |
| Market Size by 2030 | US$ 59.2 Bn |
| CAGR | CAGR of 16.8% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Type (Automated Guided Vehicles, Autonomous Mobile Robots, Robot Arms, Others (UAVs)), • By Application (Palletizing & De-palletizing, Pick & Place, Transportation, Others (Shipment & Delivery)) • By Industry (E-commerce, Healthcare, Retail, Food & Beverages, Automotive, Others (Consumer Electronics) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
| Company Profiles | Airfilter Engineering, Altec, Atlas Copco, Beko Technologies, Boge Kompressoren, Donaldson Company, Ingersoll Rand, Kaeser Kompressoren, Parker-Hannifin, Pentair, Precision Filtration Products, SPX Flow, Sullair, Sullivan-Palatek, Van Air Systems |
| Key Drivers | • Logistics robots boost operational efficiency and cost savings by automating processes, reducing mistakes, and optimizing warehouse management. These advantages motivate adoption, especially in companies with high-volume logistical operations. • Technological advancements in robotics technology, such as enhanced sensors, artificial intelligence, and machine learning, have made logistics robots more powerful, adaptable, and cost-effective, propelling market expansion even further. • Concern for the Environment The logistics business is becoming more concerned with sustainability and lowering carbon emissions. Automation, such as the utilization of electric-powered logistics robots, can help to create more environmentally friendly logistics operations. |
| Market Opportunities | • Global Growth In emerging areas where logistical infrastructure is increasing, the logistics robot industry has substantial development potential. This covers areas that are rapidly urbanizing and experiencing significant trade. •Specialization and customization The ability to customize logistics robots for specific industry demands and Industrial Verticals opens the door to specialized solutions such as medical logistics, food handling, and hazardous material transfer. |
Ans: The Logistics Robots Market is expected to grow at a CAGR of 16.8% from 2023 to 2030.
Ans: According to our analysis, the Logistics Robots Market is anticipated to reach USD 59.2 billion By 2030.
Ans: The increasing use of automated mobile robots in industries such as manufacturing, supply chain, and logistics contributes to market growth.
The leading participants the ABB Ltd, KUKA AG, Toyota Industries Corporation, Fanuc Corporation, Yaskawa Electric Corporation, and Kion Group Ag.
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TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of the Russia-Ukraine War
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8.Logistics Robots Market, By Type
8.1 Automated Guided Vehicles
8.2 Autonomous Mobile Robots
8.3 Robot Arms
8.4 Others (UAVs)
9.Logistics Robots Market, By Application
9.1 Palletizing & De-palletizing
9.2 Pick & Place
9.3 Transportation
9.4 Others (Shipment & Delivery)
10. Diesel Engines Market By Industry
10.1 E-commerce
10.2 Healthcare
10.3 Retail
10.4 Food & Beverages
10.5 Automotive
10.6 Others (Consumer Electronics)
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 North America Diesel Engines Market by country
11.2.2North America Diesel Engines Market By Type
11.2.3 North America Diesel Engines Market By Application
11.2.4 North America Diesel Engines Market By Industry
11.2.5 USA
11.2.5.1 USA Diesel Engines Market By Type
11.2.5.2 USA Diesel Engines Market By Application
11.2.5.3 USA Diesel Engines Market By Industry
11.2.6 Canada
11.2.6.1 Canada Diesel Engines Market By Type
11.2.6.2 Canada Diesel Engines Market By Application
11.2.6.3 Canada Diesel Engines Market By Industry
11.2.7 Mexico
11.2.7.1 Mexico Diesel Engines Market By Type
11.2.7.2 Mexico Diesel Engines Market By Application
11.2.7.3 Mexico Diesel Engines Market By Industry
11.3 Europe
11.3.1 Eastern Europe
11.3.1.1 Eastern Europe Diesel Engines Market by country
11.3.1.2 Eastern Europe Diesel Engines Market By Type
11.3.1.3 Eastern Europe Diesel Engines Market By Application
11.3.1.4 Eastern Europe Diesel Engines Market By Industry
11.3.1.5 Poland
11.3.1.5.1 Poland Diesel Engines Market By Type
11.3.1.5.2 Poland Diesel Engines Market By Application
11.3.1.5.3 Poland Diesel Engines Market By Industry
11.3.1.6 Romania
11.3.1.6.1 Romania Diesel Engines Market By Type
11.3.1.6.2 Romania Diesel Engines Market By Application
11.3.1.6.4 Romania Diesel Engines Market By Industry
11.3.1.7 Turkey
11.3.1.7.1 Turkey Diesel Engines Market By Type
11.3.1.7.2 Turkey Diesel Engines Market By Application
11.3.1.7.3 Turkey Diesel Engines Market By Industry
11.3.1.8 Rest of Eastern Europe
11.3.1.8.1 Rest of Eastern Europe Diesel Engines Market By Type
11.3.1.8.2 Rest of Eastern Europe Diesel Engines Market By Application
11.3.1.8.3 Rest of Eastern Europe Diesel Engines Market By Industry
11.3.2 Western Europe
11.3.2.1 Western Europe Diesel Engines Market By Type
11.3.2.2 Western Europe Diesel Engines Market By Application
11.3.2.3 Western Europe Diesel Engines Market By Industry
11.3.2.4 Germany
11.3.2.4.1 Germany Diesel Engines Market By Type
11.3.2.4.2 Germany Diesel Engines Market By Application
11.3.2.4.3 Germany Diesel Engines Market By Industry
11.3.2.5 France
11.3.2.5.1 France Diesel Engines Market By Type
11.3.2.5.2 France Diesel Engines Market By Application
11.3.2.5.3 France Diesel Engines Market By Industry
11.3.2.6 UK
11.3.2.6.1 UK Diesel Engines Market By Type
11.3.2.6.2 UK Diesel Engines Market By Application
11.3.2.6.3 UK Diesel Engines Market By Industry
11.3.2.7 Italy
11.3.2.7.1 Italy Diesel Engines Market By Type
11.3.2.7.2 Italy Diesel Engines Market By Application
11.3.2.7.3 Italy Diesel Engines Market By Industry
11.3.2.8 Spain
11.3.2.8.1 Spain Diesel Engines Market By Type
11.3.2.8.2 Spain Diesel Engines Market By Application
11.3.2.8.3 Spain Diesel Engines Market By Industry
11.3.2.9 Netherlands
11.3.2.9.1 Netherlands Diesel Engines Market By Type
11.3.2.9.2 Netherlands Diesel Engines Market By Application
11.3.2.9.3 Netherlands Diesel Engines Market By Industry
11.3.2.10 Switzerland
11.3.2.10.1 Switzerland Diesel Engines Market By Type
11.3.2.10.2 Switzerland Diesel Engines Market By Application
11.3.2.10.3 Switzerland Diesel Engines Market By Industry
11.3.2.11.1 Austria
11.3.2.11.2 Austria Diesel Engines Market By Type
11.3.2.11.3 Austria Diesel Engines Market By Application
11.3.2.11.4 Austria Diesel Engines Market By Industry
11.3.2.12 Rest of Western Europe
11.3.2.12.1 Rest of Western Europe Diesel Engines Market By Type
11.3.2.12.2 Rest of Western Europe Diesel Engines Market By Application
11.3.2.12.3 Rest of Western Europe Diesel Engines Market By Industry
11.4 Asia-Pacific
11.4.1 Asia-Pacific Diesel Engines Market by country
11.4.2 Asia-Pacific Diesel Engines Market By Type
11.4.3 Asia-Pacific Diesel Engines Market By Application
11.4.4 Asia-Pacific Diesel Engines Market By Industry
11.4.5 China
11.4.5.1 China Diesel Engines Market By Type
11.4.5.2 China Diesel Engines Market By Application
11.4.5.3 China Diesel Engines Market End-User
11.4.6 India
11.4.6.1 India Diesel Engines Market By Type
11.4.6.2 India Diesel Engines Market By Application
11.4.6.3 India Diesel Engines Market By Industry
11.4.7 Japan
11.4.7.1 Japan Diesel Engines Market By Type
11.4.7.2 Japan Diesel Engines Market By Application
11.4.7.3 Japan Diesel Engines Market By Industry
11.4.8 South Korea
11.4.8.1 South Korea Diesel Engines Market By Type
11.4.8.2 South Korea Diesel Engines Market By Application
11.4.8.3 South Korea Diesel Engines Market By Industry
11.4.9 Vietnam
11.4.9.1 Vietnam Diesel Engines Market By Type
11.4.9.2 Vietnam Diesel Engines Market By Application
11.4.9.3 Vietnam Diesel Engines Market By Industry
11.4.10 Singapore
11.4.10.1 Singapore Diesel Engines Market By Type
11.4.10.2 Singapore Diesel Engines Market By Application
11.4.10.3 Singapore Diesel Engines Market By Industry
11.4.11 Australia
11.4.11.1 Australia Diesel Engines Market By Type
11.4.11.2 Australia Diesel Engines Market By Application
11.4.11.3 Australia Diesel Engines Market By Industry
11.4.12 Rest of Asia-Pacific
11.4.12.1 Rest of Asia-Pacific Diesel Engines Market By Type
11.4.12.2 Rest of Asia-Pacific Diesel Engines Market By Application
11.4.12.3 Rest of Asia-Pacific Diesel Engines Market By Industry
11.5 Middle East & Africa
11.5.1 Middle East
11.5.1.1 Middle East Diesel Engines Market by country
11.5.1.2 Middle East Diesel Engines Market By Type
11.5.1.3 Middle East Diesel Engines Market By Application
11.5.1.4 Middle East Diesel Engines Market By Industry
11.5.1.5 UAE
11.5.1.5.1 UAE Diesel Engines Market By Type
11.5.1.5.2 UAE Diesel Engines Market By Application
11.5.1.5.3 UAE Diesel Engines Market By Industry
11.5.1.6 Egypt
11.5.1.6.1 Egypt Diesel Engines Market By Type
11.5.1.6.2 Egypt Diesel Engines Market By Application
11.5.1.6.3 Egypt Diesel Engines Market By Industry
11.5.1.7 Saudi Arabia
11.5.1.7.1 Saudi Arabia Diesel Engines Market By Type
11.5.1.7.2 Saudi Arabia Diesel Engines Market By Application
11.5.1.7.3 Saudi Arabia Diesel Engines Market By Industry
11.5.1.8 Qatar
11.5.1.8.1 Qatar Diesel Engines Market By Type
11.5.1.8.2 Qatar Diesel Engines Market By Application
11.5.1.8.3 Qatar Diesel Engines Market By Industry
11.5.1.9 Rest of Middle East
11.5.1.9.1 Rest of Middle East Diesel Engines Market By Type
11.5.1.9.2 Rest of Middle East Diesel Engines Market By Application
11.5.1.9.3 Rest of Middle East Diesel Engines Market By Industry
11.5.2 Africa
11.5.2.1 Africa Diesel Engines Market by country
11.5.2.2 Africa Diesel Engines Market By Type
11.5.2.3 Africa Diesel Engines Market By Application
11.5.2.4 Africa Diesel Engines Market By Industry
11.5.2.5 Nigeria
11.5.2.5.1 Nigeria Diesel Engines Market By Type
11.5.2.5.2 Nigeria Diesel Engines Market By Application
11.5.2.5.3 Nigeria Diesel Engines Market By Industry
11.5.2.6 South Africa
11.5.2.6.1 South Africa Diesel Engines Market By Type
11.5.2.6.2 South Africa Diesel Engines Market By Application
11.5.2.6.3 South Africa Diesel Engines Market By Industry
11.5.2.7 Rest of Africa
11.5.2.7.1 Rest of Africa Diesel Engines Market By Type
11.5.2.7.2 Rest of Africa Diesel Engines Market By Application
11.5.2.7.3 Rest of Africa Diesel Engines Market By Industry
11.6 Latin America
11.6.1 Latin America Diesel Engines Market by country
11.6.2 Latin America Diesel Engines Market By Type
11.6.3 Latin America Diesel Engines Market By Application
11.6.4 Latin America Diesel Engines Market By Industry
11.6.5 Brazil
11.6.5.1 Brazil Diesel Engines Market By Type
11.6.5.2 Brazil Diesel Engines Market By Application
11.6.5.3 Brazil Diesel Engines Market By Industry
11.6.6 Argentina
11.6.6.1 Argentina Diesel Engines Market By Type
11.6.6.2 Argentina Diesel Engines Market By Application
11.6.6.3 Argentina Diesel Engines Market By Industry
11.6.7 Colombia
11.6.7.1 Colombia America Diesel Engines Market By Type
11.6.7.2 Colombia America Diesel Engines Market By Application
11.6.7.3 Colombia America Diesel Engines Market By Industry
11.6.8 Rest of Latin America
11.6.8.1 Rest of Latin America Diesel Engines Market By Type
11.6.8.2 Rest of Latin America Diesel Engines Market By Application
11.6.8.3 Rest of Latin America Diesel Engines Market By Industry
12 Company profile
12.1 ABB Ltd
12.1.1 Company Overview
12.1.2 Financials
12.1.3 Speed/Services/Offerings
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 KUKA AG
12.2.1 Company Overview
12.2.2 Financials
12.2.3 Speed/Services/Offerings
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 Toyota Industries Corporation
12.3.1 Company Overview
12.3.2 Financials
12.3.3 Speed/Services/Offerings
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 Fanuc Corporation
12.4.1 Company Overview
12.4.2 Financials
12.4.3 Speed/Services/Offerings
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 Yaskawa Electric Corporation
12.5.1 Company Overview
12.5.2 Financials
12.5.3 Speed/Services/Offerings
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 Kion Group Ag
12.6.1 Company Overview
12.6.2 Financials
12.6.3 Speed/Services/Offerings
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 Toshiba Corporation
12.7.1 Company Overview
12.7.2 Financials
12.7.3 Speed/Services/Offerings
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 Krones AG
12.8.1 Company Overview
12.8.2 Financials
12.8.3 Speed/Services/Offerings
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 Kawasaki Heavy Industries Ltd
12.9.1 Company Overview
12.9.2 Financials
12.9.3 Speed/Services/Offerings
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 Omron Corporation
12.10.1 Company Overview
12.10.2 Financials
12.10.3 Speed/Services/Offerings
12.10.4 SWOT Analysis
12.10.5 The SNS View
13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share Analysis
13.3 Recent Developments
13.3.1 Industry News
13.3.2 Company News
13.3.3 Mergers & Acquisitions
14. Use Case and Best Practices
15. Conclusion
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