Press Release

COVID-19 Impact on Logistics Robots Market in 2020 – Know the Forecast Demand till 2026.

Fortune Business Insights offers a detailed overview of the global market in a report, titled Global logistics robots market size is prophesied to reach USD 14.95 billion by the end of 2027. The growth of this region is attributed to the increasing demand for complex supply-chain operations. Logistics robots market are autonomous devices that can transport resources present in a logistic network. They store and move goods that are widely used in storage facilities and warehouses. According to a recent report by Fortune Business Insights titled, “Logistics Robots Market Size, Share & Industry Analysis, By Type (Automated Guided Vehicles, Autonomous Mobile Robots, Robot Arms and Others), By Application (Palletizing & De-palletizing, Pick & Place, Transportation, and Others), By Industry (E-commerce, Healthcare, Retail, Food & Beverages, Automotive and Others), and Regional Forecast, 2020-2027,” the market value was USD 4.70 billion in 2019 and is expected to rise at a CAGR of 15.7% between 2020 and 2027.

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this, too, shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. Some industries are struggling, and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are making continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

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lists out the Key Playyers of Logistics Robots market:

  • TOYOTA INDUSTRIES CORPORATION. (Japan)
  • ABB (Switzerland)
  • FANUC (Japan)
  • Kawasaki Heavy Industries, Ltd (Japan)
  • Dematic (United States)
  • KUKA AG (Germany)
  • Yaskawa America, Inc. (United States)
  • Dematic (United States)
  • OMRON Corporation (Japan)
  • Teradyne Inc. (United States)
  • TOSHIBA CORPORATION (Japan)
  • Other players

The report provides a 360-degree overview of the market, listing various factors restricting, propelling, and obstructing the market in the forecast duration. The report also provides additional information such as interesting insights, key industry developments, detailed segmentation of the market, list of prominent players operating in the market, and other Logistics Robots market trends. The report is available for sale on the company website.

Click here to get the short-term and long-term impact of COVID-19 on this market.

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Regional Analysis-

North America to Dominate Owing to Presence of Smart Factories

Region-wise, North America earned a revenue of USD 1.48 billion and emerged dominant on account of the increasing construction of distribution centers and warehouses across the region. In addition to this, heavy investments in the development of smart factories, warehouses with automated systems, industry 4.0, and others are likely to aid in the expansion of the regional market in the coming years.

On the other hand, the Asia Pacific market is likely to witness a fast growth rate in the forecast period on account of the presence of notable players, rising e-commerce industry, and up-gradation of existing technologies.

Segmentation of Logistics Robots Market:

By Type

  • Automated Guided Vehicles
  • Autonomous Mobile Robots
  • Robot Arms
  • Others (UAV)

By Application

  • Palletizing & De-palletizing
  • Pick & Place
  • Transportation
  • Others (Shipment & Delivery, Packaging, and others.)

By Industry

  • E-commerce
  • Healthcare
  • Retail
  • Food & Beverages
  • Automotive
  • Others (Consumer Electronics, and others)

By Region

  • North America (the U.S. and Canada)
  • Europe (UK, Germany, France, Rest of Europe)
  • Asia Pacific (China, Japan, India, Southeast Asia, and the Rest of Asia Pacific)
  • Middle East & Africa (South Africa, GCC and the Rest of the Middle East & Africa)
  • Latin America (Brazil, Mexico, and the Rest of Latin America)

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Table Of Content Logistics Robots Market

9. Middle East and Africa Logistics Robots Market Analysis, Insights and Forecast, 2016-2027

9.1 Key Findings / Summary

9.2 Market Size Estimates and Forecasts

9.2.1 By Type (Value)

  • Automated Guided Vehicles
  • Autonomous Mobile Robots
  • Robot Arms
  • Others (UAV)

9.2.2 By Application (Value)

  • Palletizing & De-palletizing
  • Pick & Place
  • Transportation
  • Others (Shipment & Delivery, Packaging, and others.)

9.2.3 By Industry (Value)

  • E-commerce
  • Healthcare
  • Retail
  • Food & Beverages
  • Automotive
  • Others (Consumer Electronics, and others)

9.2.4 By Country (Value)

  • South Africa
  • GCC
  • Rest of MEA

10. Latin America Logistics Robots Market Analysis, Insights and Forecast, 2016-2027

10.1 Key Findings / Summary

10.2 Logistics Robots Market Size Estimates and Forecasts

10.2.1 By Type (Value)

  • Automated Guided Vehicles
  • Autonomous Mobile Robots
  • Robot Arms
  • Others (UAV)

10.2.2 By Application (Value)

  • Palletizing & De-palletizing
  • Pick & Place
  • Transportation
  • Others (Shipment & Delivery, Packaging, and others.)

10.2.3 By Industry (Value)

  • E-commerce
  • Healthcare
  • Retail
  • Food & Beverages
  • Automotive
  • Others (Consumer Electronics, and others)

10.2.4 By Country (Value)

  • Brazil
  • Argentina
  • Mexico
  • Rest of LATAM

11. Global Logistics Robots Market Competition Matrix

11.1 Business Strategies Adopted by Leading Players

12. Global Logistics Robots Market Revenue Share Analysis, By Key Players, 2019

13. Company Profile

13.1 ABB

  • Overview
  • Description
  • Product Portfolio
  • Financials (Data as available in public domain and/or on paid databases)
  • Recent Developments

13.2 TOYOTA INDUSTRIES CORPORATION

  • Overview
  • Description
  • Product Portfolio
  • Financials (Data as available in public domain and/or on paid databases)
  • Recent Developments

13.3 Kawasaki Heavy Industries, Ltd

  • Overview
  • Description
  • Product Portfolio
  • Financials (Data as available in public domain and/or on paid databases)
  • Recent Developments

13.4 FANUC

  • Overview
  • Description
  • Product Portfolio
  • Financials (Data as available in public domain and/or on paid databases)
  • Recent Developments

13.5 KUKA AG

  • Overview5
  • Description
  • Product Portfolio
  • Financials (Data as available in public domain and/or on paid databases)
  • Recent Developments

13.6 Dematic

  • Overview
  • Description
  • Product Portfolio
  • Financials (Data as available in public domain and/or on paid databases)
  • Recent Developments

13.7 Yaskawa America, Inc.

  • Overview
  • Description
  • Product Portfolio
  • Financials (Data as available in public domain and/or on paid databases)
  • Recent Developments

13.8 TOSHIBA CORPORATION

  • Overview
  • Description
  • Product Portfolio
  • Financials (Data as available in public domain and/or on paid databases)
  • Recent Developments

13.9 Teradyne Inc.

  • Overview
  • Description
  • Product Portfolio
  • Financials (Data as available in public domain and/or on paid databases)
  • Recent Developments

13.10 OMRON Corporation

  • Overview
  • Description
  • Product Portfolio
  • Financials (Data as available in public domain and/or on paid databases)
  • Recent Developments

TOC Continued….!

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Competitive Landscape-

Vecna Robotics Holding Prominent Shares Owing to Adoption of Multiple Marketing Strategies

Various companies are engaging in the adoption of various technologies for gaining a strong foothold in the logistics robots market. They are also engaging in joint ventures, partnerships, contracts and agreements, and other collaborative efforts with startup companies to generate more revenue. Among the various players operating in this market, Vecna Robotics emerged dominant on account of the presence of their strong supply chain, coupled with their quick adoption of robotic warehouse systems and various other marketing strategies for rapid sales.

Major Industry Developments of the Logistics Robots Market include:

  • March 2018 – Midea Group Company and KUKA AG entered into a strategic collaboration for increasing their geographical presence and penetrating the China market for the manufacturing of new products.
  • September 2018 – Intrion Company was acquired by ABB for the advancement of its logistic robot solutions. The major aim of this acquisition is the delivery of a mass customer base to meet the growing demand of the e-commerce industry.

KEY QUESTIONS ANSWERED:

  • What is the market size and growth rate of the global and regional market by various segments?
  • What is the market size and growth rate of the market for selective countries?
  • Which region or sub-segment is expected to drive the market in the forecast period?
  • What Factors are estimated to drive and restrain the Medical Lighting Technologies Market growth?
  • What are the key technological and market trends shaping the market?
  • What are the key opportunities in the market?
  • What are the key companies operating in the market?
  • Which company accounted for the highest market share?

Other Exclusive Reports:

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Filling machine market size was USD 5.38 billion in 2019 and is projected to reach USD 7.03 billion by 2027.

Industrial vending machines market size was USD 2.17 billion in 2019 and is projected to reach USD 3.68 billion by 2027.

Air Duct Market size was USD 8.28 billion in 2019 and is expected to reach USD 11.61 billion by 2027.

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Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

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