Advances in Logistics Robots: Understanding the Market and Its Potential 2027

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

The latest research report, titled ‘Global Logistics Robots Market’, can be considered a profound analysis of the global Logistics Robots industry that focuses on crucial data and information pertaining to the sales and revenue shares. The market evaluations over the forecast years are based on a comprehensive analysis of the leading market segments, such as product type outlook, application continuum, regional overview, and competitive landscape of the global Logistics Robots market. The report offers a holistic coverage of the Logistics Robots market, laying emphasis on the key factors influencing the industrial growth, technological developments taking place in the industry, and current and emerging trends witnessed in the leading regional markets.

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.

The current COVID-19 pandemic is expected to have an effect on the growth of the Logistics Robots industry majorly attributable to the movement restrictions and impact on the supply and demand due to the lockdowns. The COVID-19 pandemic has affected several sectors of the global market, and the Logistics Robots sector is expected to feel the impact of the pandemic. The economic slowdown and dynamic changes in the demands will further affect the growth of the industry. The report covers the impact analysis of the COVID-19 pandemic on the overall Logistics Robots industry.

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Market Dynamics:

The report offers insightful information about the market dynamics of the Logistics Robots market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Logistics Robots market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Logistics Robots market.

Radical Highlights of the Logistics Robots Market Report:

  • Comprehensive overview of the Logistics Robots market along with analysis of the changing dynamics of the market
  • Growth Assessment of various market segments throughout the forecast period
  • Regional and global analysis of the market players, including their market share and global position
  • Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
  • Impact of the technological developments and RD advancements on the Logistics Robots market
  • Information about profit-making strategies and developmental strategies of major companies and manufacturers
  • Insightful information for the new entrants willing to enter the market
  • Details and insights about business expansion strategies, product launches, and other collaborations
  • The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis

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Competitive Landscape:

Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.

Key Companies 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

Global Logistics Robots Market Report - Segmental Analysis:

The global Logistics Robots business vertical has been extensively categorized on the basis of product type, application gamut, end-user industries, and a competitive overview. The report inspects the current market scenario, its past performance, demand and supply ratios, production and consumption rates, sales, and numerous growth opportunities available in the market. It further estimates the prospective growth of the leading regional segments of the market, which is beneficial for readers to gain impactful insights into the Logistics Robots business sector. A clear outline of the competitive landscape of the market is expected to help businesses involved in this sector decipher the optimal business moves to reach their desired business goals.

  • 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

To know more about the report, visit @ https://www.emergenresearch.com/industry-report/logistics-robots-market

Regional Segmentation;

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Questions Answered by the Report:

  • Which region is expected to dominate the market in the coming years?
  • What are the recent technological and product advancements occurring in the market?
  • What are the key strategies adopted by the prominent players in the Logistics Robots market?
  • What are the key product types and applications of the Logistics Robots industry?
  • What is the outcome of SWOT analysis and Porter’s Five Forces analysis?
  • How is the competitive landscape of the Logistics Robots market?
  • Who are the key players in the industry?
  • What is the growth rate of the industry over the coming years?

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Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.

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