Logistics Robots Market by Type (Co-Packing and Customization, Home Delivery Robots, Mobile Piece Picking Robots), Product (Articulated Robotic Arms, Automated Guided Carts, Automated Guided Vehicles), Application - Global Forecast 2024-2030

Logistics Robots Market by Type (Co-Packing and Customization, Home Delivery Robots, Mobile Piece Picking Robots), Product (Articulated Robotic Arms, Automated Guided Carts, Automated Guided Vehicles), Application - Global Forecast 2024-2030

The Logistics Robots Market size was estimated at USD 7.69 billion in 2023 and expected to reach USD 10.16 billion in 2024, at a CAGR 34.76% to reach USD 62.12 billion by 2030.

Logistics robots refer to automated systems specifically designed to perform various tasks related to storing, retrieving, sorting, and transporting goods within warehouses, distribution centers, and other facilities involved in supply chain operations. These smart machines are equipped with sensors, actuators, and sophisticated software that enable them to navigate autonomously, make decisions in real-time, and handle materials with efficiency and precision. These robots are used for various purposes, including transportation, sorting, loading and unloading of goods, storage organization, and delivery. The exponential rise of online shopping demands more efficient and scalable logistics solutions, fueling the growth of robotic automation. Additionally, difficulties in recruiting and retaining warehouse and logistics staff are driving companies toward automation and robotics. However, the high cost of developing and implementing logistics robots can be a barrier for small and medium-sized enterprises. Additionally, integration of logistics robots with existing systems and adapting robots to diverse work environments can be complex and resource-intensive. However, key players are exploring new technologies such as AI/Ml and data analytics to overcome technical barriers and complications of logistics robots. The development and integration of collaborative robots (cobots) that work alongside humans can expand the market by enhancing safety and efficiency. Furthermore, offering robotics solutions through a service model can reduce the upfront costs for clients and create recurring revenue streams for providers.

Regional Insights

The Americas region, mainly the U.S. and Canada, is characterized by the presence of a robust technological architecture with several innovations observed in the field of AI/Ml and data analytics, which has driven innovations in the field of logistics robots. Additionally, the presence of key players and the need for advanced logistics solutions to cater to the expanded e-commerce distribution channel has led to the adoption of logistics robots. The European Union (EU) showcases a high uptake due to advanced industries and well-established infrastructure supporting automation. Germany, the UK, and France, in particular, have shown remarkable advancement in robotics for logistics, substantially backed by its automotive industry. The Middle East is increasingly adopting smart logistics as part of its transformational goals and expansion of smart cities. The Asia Pacific region has quickly become the epicenter for logistics robots due to its robust manufacturing sectors and rapidly growing e-commerce markets. Countries such as China, Japan, and India are leading the way in terms of adoption, driven by consumer need for efficient, technology-driven supply chain solutions. In China, the Chinese government's support of initiatives such as 'Made in China 2025' has dramatically enhanced the growth of intelligent manufacturing and robotics. Japan, a pioneer in robotics, continues to invest in research and holds numerous patents, particularly in robotics precision and automation.

Market Insights

• Market Dynamics
  
  The market dynamics represent an ever-changing landscape of the Logistics Robots Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.
  • Market Drivers
    • Increasing Demand for Automated Solutions for Logistics Operations
    • Growing Incidence of Accidents and Rising Focus on Safety in Warehouses or Storage Units
    • Significant Potential Through Industry 4.0 And Rapid Expansion of the E-Commerce Industry
    • Market Restraints
      • Concerns Regarding High Cost of Logistics Robots
      • Market Opportunities
        • Development of Advanced Logistics Robots for Faster and Error-Free Order Fulfillment
        • New Collaborative Robotics Technologies in Logistics
        • Market Challenges
          • Lack of Expertise in the Maintenance of Logistics Robots
          • Market Segmentation Analysis
            • Type: Growing preference for home delivery robots due to customer preference for a convenient, contactless supply of products
            • Application: Advancements to equip outdoor robots with durability and environmental adaptability
            • Market Disruption Analysis
            • Porter’s Five Forces Analysis
            • Value Chain & Critical Path Analysis
            • Pricing Analysis
            • Technology Analysis
            • Patent Analysis
            • Trade Analysis
            • Regulatory Framework Analysis
            FPNV Positioning Matrix
            
            The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Logistics Robots Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
            
            Market Share Analysis
            
            The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Logistics Robots Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
            
            Recent Developments
            • Ceva Logistics Leverages Boston Dynamics Robots For Warehouse Efficiency
              
              CEVA Logistics has partnered with Boston Dynamics, integrating the innovative Stretch robot into its Los Angeles transload facility. This collaboration underscores CEVA’s commitment to achieving high levels of efficiency, particularly in the fast-paced environments demanded by its diverse clientele in the automotive, consumer retail, and technology sectors. The advanced capabilities of the Stretch robot, its proficiency in unloading hundreds of boxes per hour, and its ability to handle items up to 50 pounds with adaptable stacking techniques are instrumental in propelling the facility’s throughput.
              
              Ek Robotics Launches Agv To Automate Internal Hospital Logistics
              
              EK Robotics launched automated guided vehicles (AGVs), which are innovative solutions to streamline in-house hospital logistics. These automated guided vehicles (AGVs), constructed from durable stainless steel, feature a lift-table mechanism designed for seamless transport tasks. The Medi Move robots boast advanced navigation capabilities, allowing them to traverse complex hospital layouts, including multi-level buildings and subterranean pathways.
              
              Agility Robotics Launches Next Generation Of Digit: Human-Centric, Multi-Purpose Robot Made For Logistics Work
              
              Agility Robotics introduced the latest iteration of its pioneering robot, Digit, specifically engineered to optimize logistics operations. The robot has been crafted with a human-centric design for multi-purpose logistics tasks, and it seamlessly integrates into environments traditionally structured for human occupancy. The advanced model amplifies the efficiency of human workers by safely collaborating and performing tasks such as bulk material handling in warehouses and distribution plants.
            Strategy Analysis & Recommendation
            
            The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Logistics Robots Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
            
            Key Company Profiles
            
            The report delves into recent significant developments in the Logistics Robots Market, highlighting leading vendors and their innovative profiles. These include Alstef Group, Amazon.com, Inc., Asic Robotics AG, Bastian Solutions, LLC by Toyota Advanced Logistics, CIM Systems Inc., Clearpath Robotics, Inc. by Rockwell Automation Inc., Comau S.p.A. by Stellantis N.V., Daifuku Co., Ltd., FANUC CORPORATION, Fetch Robotics, Inc. by Zebra Technologies Corporation, Grenzebach Maschinenbau GmbH, Hitachi, Ltd., Honeywell International Inc., Kawasaki Heavy Industries, Ltd., Kion Group AG, Knapp AG, Kollmorgen Corporation, Krones AG, Midea Group, Mobile Industrial Robots A/S by Teradyne, Inc., Omron Corporation, Sidel Group, Toshiba Corporation, Vanderlande Industries B.V. by Toyota Industries Corporation, and Vecna Robotics, Inc..
            
            Market Segmentation & Coverage
            
            This research report categorizes the Logistics Robots Market to forecast the revenues and analyze trends in each of the following sub-markets:
            • Type
              • Co-Packing and Customization
              • Home Delivery Robots
              • Mobile Piece Picking Robots
              • Stationary Piece Picking Robots
              • Trailer and Container Unloading Robots
              • Product
                • Articulated Robotic Arms
                • Automated Guided Carts
                • Automated Guided Vehicles
                • Automated Storage and Retrieval Systems
                • Autonomous Mobile Robots
                • Goods-to-Person Technology
                • Application
                  • Indoor
                  • Outdoor
                  • Region
                    • Americas
                      • Argentina
                      • Brazil
                      • Canada
                      • Mexico
                      • United States
                        • California
                        • Florida
                        • Illinois
                        • New York
                        • Ohio
                        • Pennsylvania
                        • Texas
                        • Asia-Pacific
                          • Australia
                          • China
                          • India
                          • Indonesia
                          • Japan
                          • Malaysia
                          • Philippines
                          • Singapore
                          • South Korea
                          • Taiwan
                          • Thailand
                          • Vietnam
                          • Europe, Middle East & Africa
                            • Denmark
                            • Egypt
                            • Finland
                            • France
                            • Germany
                            • Israel
                            • Italy
                            • Netherlands
                            • Nigeria
                            • Norway
                            • Poland
                            • Qatar
                            • Russia
                            • Saudi Arabia
                            • South Africa
                            • Spain
                            • Sweden
                            • Switzerland
                            • Turkey
                            • United Arab Emirates
                            • United Kingdom
                            
                            
                            Please Note: PDF & Excel + Online Access - 1 Year