Logistics Robots Market Size, Revenue Share, Drivers & Trends Analysis 2020–2027

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Growing emphasis on warehouse automation is one of the significant factors influencing the market growth.

The global Logistics Robots market research study published by Emergen Research is an extensive collection of insightful information about the Logistics Robots industry. The report further sheds light on the emerging growth opportunities, challenges, market threats, limitations, and factors likely to restrict the growth of the Logistics Robots market. The report further discusses in detail the market in international waters and the emerging trends in those regions. It also offers insights into the competitive landscape, market drivers, industrial scenario, and the latest product and technological developments to offer a comprehensive overview of the Logistics Robots market landscape. The Logistics Robots research report also includes an insightful study of the prominent players of the industry along with their business overview, strategic planning, and business expansion plans adopted by them. This assists the readers and business owners in formulating strategic expansion and investment plans.

Leading companies looking for new revenue streams will find this research very helpful in understanding the market and its underlying dynamics. It is useful for companies looking to diversify into new markets or expand their current scope of operations.

The global logistics robots market size was USD 5,512.6 Million in 2020, which is expected to reach USD 14.93 Billion in 2027 and register a steady 15.3% CAGR over the forecast period, according to latest analysis by Emergen Research. The steady growth of the logistics robots market can be attributed to growing emphasis on warehouse automation as warehouse automation offers several advantages, including space savings, enhanced productivity, efficient flow of materials, lesser workforce requirement, lower operational expenditure, reductions in inventory level, improved return on investment, and safer operations. Technological advancements in robotics and automation solutions have been resulting in significant changes across a range of industries and sectors. Companies in the field are constantly researching and developing new and more efficient and advanced solutions for various applications and industries. For instance, 2XL, which is a Belgium-based logistics firm, deploys automated guided vehicles to enhance warehouse efficiency, especially to reduce time spent by workforce in moving from one point in a warehouse to another, and allocating workers to perform more urgent tasks.

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Market Overview:

The report bifurcates the Logistics Robots market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

The report addresses the following key points:

  • The report provides a forecast of market drivers, restraints, and future opportunities for the Logistics Robots market
  • The report further analyses the changing market dynamics
  • Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
  • Extensive competitive landscape mapping with profiles of the key competitors
  • In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
  • Revenue forecast, country scope, application insights, and product insights

This report tells you Today how the Logistics Robots market will develop in the next 10 years, and in line with the variations in COVID-19 economic recession and bounce. This market is more critical now than at any point over the last 10 years.

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Competitive Terrain:

The global Logistics Robots industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

Market Segmentations of the Logistics Robots Market

For this study, this report segments the global Logistics Robots market on the basis of product, application, and region:

Segments Covered in this report are:

  • Robot Type Outlook (Revenue, USD Million; 2017–2027)

    • Automated Guided Vehicles
    • Robot Arms
    • Autonomous Mobile Robots
    • Others
  • Application Outlook (Revenue, USD Million; 2017–2027)

    • Palletizing De-palletizing
    • Pick Place
    • Transportation
    • Others
  • Industry Verticals Outlook (Revenue, USD Million; 2017–2027)

    • E-commerce Retail
    • Food Beverage
    • Healthcare
    • Automotive
    • Others

Leading Market Players Profiled in the Report:

Clearpath Robotics Inc., Omron Corporation, Alstef Group, Midea Group, ABB Ltd., Toshiba Corporation, Kion Group AG, Teradyne Inc., Kawasaki Heavy Industries Ltd., and Toyota Industries Corporation

To access the full coverage of the global Logistics Robots market report, visit @ https://www.emergenresearch.com/industry-report/logistics-robots-market

Regional Outlook:

  • North America (the U.S., Canada, Mexico)
  • Europe (the U.K., Germany, France, Italy)
  • Asia Pacific (India, China, Japan, Korea)
  • Latin America (Brazil, Argentina, Ecuador, Chile)
  • Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran)

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