Global Mobile Logistics Robot Market was valued US$ 2.42Bn in 2017 and is expected to reach US$ 11.32 Bn by 2026 at a CAGR of 21.27% during the forecast period.
Global mobile logistics robot market is increasingly diversified, poised to achieve significant growth in every industry segment.As production of goods and services embrace automated process, mobile logistics robots are being used to adapt conveyor belts, end of the line tasks, and loading to a flexible systems approach.Rise in demand from e-commerce vendors to fasten up the transportation of goods and commodities along with perfect warehouse management. However, high initial acquirement cost and invisible challenges occurring in the untested working environments hamper the growth of the market.
The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.
The use of mobile logistics robots in factories and warehouses are converging. Warehouse robots offer greater flexibility and potential than traditional robot. This helps to grow the mobile logistics robot market.Mobile logistics robots are automated machines that improve healthcare sector. Combination of warehouse and robotics technology has helped to ensure that there is accuracy and automation which increase the warehouse storage space and operation efficiency.
Pick and place functionality segment held major share in mobile logistics robot market in 2017. The segment will maintain its leadership status by 2026. This is attributed to increased productivity through time saving and flexibility. However, packaging segment is expected to register the highest CAGR, owing to cost-effectiveness, quickness, class, cost-efficiency, and innovation in packaging, especially in pharmaceutical and food & beverage verticals by robots.
The Asia-Pacific region holds the largest market for mobile robotics due to rising industrialization and manufacturing activities. North America is in volveat high growth of mobile robotics for domestic purposes such as vacuum & floor cleaning, lawn mowing and others. Europe hold the third largest market for mobile robotics because of the adoption of mobile robotics in automotive and healthcare industries.
This report surveys the prime supply-side factors affecting the growth of market along with the current and future trends, market drivers, restraints, and challenges prevalent in the global logistics and warehouse robot market. The report also highlights the value sequence of the industry with the primary focus on technology road map.
Detailed competitive analysis included in this report which focuses on the key market developments & strategies followed by the top players in the market. Also, the competitive benchmarking map has been included in the existing study which analyzes the competitive strength of the players in the global logistics and warehouse robot market.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding dynamics, structure by analyzing the market segments by material, type, end-user and region and, project the global market size. The report also provides a clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the mobile logistics robots market. The report also provides PEST analysis, PORTER’s analysis,SWOT analysis to address the question of shareholders in arranging the efforts and investment in the near future to a particular market segment.
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Scope of Global Mobile Logistics Robot Market
Global Mobile Logistics Robot Market, By Industry Vertical
Global Mobile Logistics Robot Market, By Function
• Pick & Place
• Palletizing & DE palletizing
Global Mobile Logistics Robot Market, By Region
• North America
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in Global Mobile Logistics Robot Market:
• ABB Robotics
• Aethon Inc
• Amazon Robotics LLC
• Clearpath Inc (OTTO Motors)
• DAIFUKU Co, Ltd
• Fanuc Corporation
• Fetch Robotics, Inc
• GreyOrange Pte Ltd
• IAM Robotics
• KION Group AG
• KUKA AG
• Omron Adept Technology
• Rethink Robotics
• Seegrid Corporation
• Yaskawa Electric Corporation
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