NEW YORK, Oct. 25, 2021 /PRNewswire/ -- The global logistics robots market size is expected to increase by USD 7.07 billion during 2021-2025, progressing at a CAGR of almost 30% during the forecast period, according to Technavio. The report offers an up-to-date analysis of growth variance and the Y-O-Y growth rate.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ABB Ltd., Alstef Group, Clearpath Robotics Inc., Kawasaki Heavy Industries Ltd., KION GROUP AG, MIDEA GROUP, OMRON Corp., Teradyne Inc., Toshiba Corp., and Toyota Industries Corp. are some of the major market participants. Although the good ROI offered by logistics robots and technological advancements in logistics robots will offer immense growth opportunities, the need for technical expertise will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Logistics Robots Market 2021-2025: Segmentation
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Logistics Robots Market 2021-2025: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our logistics robots market report covers the following areas:
This study identifies the implementation of stringent health and safety regulations as one of the prime reasons driving the logistics robots market growth during the next few years.
Logistics Robots Market 2021-2025: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the Logistics Robots Market. Backed with competitive intelligence and benchmarking, our research report on the Logistics Robots Market is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.
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Logistics Robots Market 2021-2025: Key Highlights
CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will assist logistics robots market growth during the next five years
Estimation of the logistics robots market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the logistics robots market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of logistics robots market vendors
Global Warehouse Racking Market - Global warehousing racking market is segmented by end-user (automotive industry, food and beverage industry, retail industry, and other industries) and geography (APAC, North America, Europe, MEA, and South America).
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Global Digital Shipment Market - Global digital shipment market is segmented by type (digital shipping lines and digital freight forwarders) and geography (APAC, North America, Europe, MEA, and South America).
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Logistics Robots Market Scope
Growth momentum & CAGR
Accelerate at a CAGR of almost 30%
Market growth 2021-2025
USD 7.07 billion
YoY growth (%)
APAC, North America, Europe, South America, and MEA
Performing market contribution
APAC at 43%
Key consumer countries
US, China, Japan, Germany, and South Korea (Republic of Korea)
Leading companies, competitive strategies, consumer engagement scope
ABB Ltd., Alstef Group, Clearpath Robotics Inc., Kawasaki Heavy Industries Ltd., KION GROUP AG, MIDEA GROUP, OMRON Corp., Teradyne Inc., Toshiba Corp., and Toyota Industries Corp.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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