Market Synopsis

The global logistics robots market size was USD 7.11 Billion in 2022 and is expected to reach USD 30.42 Billion in 2032, and register a rapid revenue CAGR of 16% during the forecast period. Increasing adoption in e-commerce and warehouse sectors, rising need for supply chain optimization and labour cost reduction, and developments in robotics technology are major factors driving market revenue growth.

Need for logistics robots is increasing by need for automation in warehouse and e-commerce sectors. Demand for automated solutions to manage the escalating amount of orders is increasing more urgent as e-commerce expands quickly. Robotics in logistics help to increase productivity, decrease error rates, and hasten the order fulfilment process.

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Moreover, logistics robots are being used more frequently to optimize supply chain and lower labour expenses is also expected to drive market revenue growth. Robotic logistics can help warehouse operations run more efficiently, employ less manual labour overall, and increase supply chain effectiveness. This has led to an increase in usage of robotics solutions across a range of end-use sectors, including automotive, healthcare, Food & Beverage (F&B), and retail industries.

Businesses continually spend money on Research & Development (R&D) to increase capabilities of logistics robots. The effectiveness and performance of logistics robots are being improved due to developments in robotics technology, such as  incorporation of Artificial Intelligence (AI), Machine Learning (ML), and Internet of Things (IoT). Various end-use sectors are adopting robotics due to rising availability of low-cost and simple-to-use robots.

Furthermore, rising demand for safety and security in the supply chain is another factor driving market revenue growth. Robotics in logistics operations might lessen the chance of workplace accidents and injuries. Also, usage of logistics robots for security purposes, such as inventory monitoring and tracking and theft prevention, is increasing.

However, high initial investment prices and shortage of experienced labour to operate and maintain these robots are major factors, which could restrain market revenue growth.

Government Regulations:

  • The International Organization for Standardization (ISO) has established guidelines for the design and use of logistics robots for safety, security, and reliability.
  • The European Commission has adopted a Directive on Robotics that requires manufacturers to ensure that their robots are designed and operated safely. The directive also requires operators to provide adequate training for staff who will be working with robots.
  • The U.S. Occupational Safety & Health Administration (OSHA) has issued guidance on safety considerations for use of robotics in the workplace, such as establishing safety zones around moving robots and ensuring that workers are adequately trained in the use of robotics.
  • The U.S. Department of Transportation (DOT) has issued regulations on design, operation, and testing of driverless vehicles used for logistics applications such as package delivery.
  • The U.S., EU, and Japan have adopted standards to ensure that robots and automated systems used in logistics applications are designed, operated, and tested safely. These standards cover topics such as robot navigation, obstacle avoidance, collision detection, and emergency shutdowns.

Key Takeaways

Type Outlook:

The market for logistics robots is divided into a number of categories, including autonomous vehicles, mobile robots, and robotic arms. The Mobile Robots market category represented a sizeable revenue share in 2021. These robots are frequently used in logistics and supply chain management to move products and commodities inside of factories or warehouses. Mobile robots are a popular choice among manufacturing and logistics firms due to their flexibility and ease of usage. Movable robots can be trained to move across intricate and dynamic areas while avoiding hazards and adjusting to environmental changes. To improve their effectiveness and accuracy, they can also be integrated with other devices and technologies including sensors, scanners, and RFID.

Throughout the projection period, the Robotic Arms section is anticipated to experience considerable revenue growth. In logistics and manufacturing, these robots are employed for a range of tasks include choosing and positioning objects, sorting and packaging goods, and putting together parts. This market is predicted to rise as a result of the rising demand for automation in various industries and developments in robotic arm technology. Robotic arms may be designed to carry out intricate operations quickly and accurately, hence lowering errors and boosting output. Robotic arms are also perfect for jobs like sorting and packing goods in a warehouse that call for a high level of accuracy and consistency.

Due to its capacity to operate without the need for human involvement, autonomous vehicles are also becoming more and more popular in the market for logistics robots. These vehicles can be designed to move resources and items to their destinations while navigating through challenging conditions. As they can carry large loads and manoeuvre through crowded spaces, they are especially helpful in outdoor situations like ports, airports, and distribution facilities. Over the forecast period, the growing use of Autonomous Cars in logistics and transportation is anticipated to propel the segment's growth.

Last but not least, the Others section includes robots that are employed in logistics and manufacturing for a range of tasks, including palletizing, depalletizing, and packing. Due to the rising need for automation in various industries, this category is predicted to develop at a moderate rate throughout the forecast period. This category of the market consists of task-specific robots that can be altered to suit the requirements of various applications and sectors.

Application Outlook:

Warehousing, last-mile delivery, and other applications make up the Logistics Robotics Market. The Warehouse sector contributed a sizeable portion of the market's sales in 2021. These robots are frequently employed in distribution centers and warehouses to streamline the storage and movement of supplies and items. Palletizing, depalletizing, picking and placing, and carrying goods within the warehouse are just a few of the many jobs that warehouse robots may complete. This market's expansion is anticipated to be fueled by the rising need for automation in warehouses and distribution centers as well as improvements in robotic technology.

The market for logistics robots is seeing growth in the last-mile delivery segment as a result of the rising demand for quick and effective delivery of goods. Robots for last-mile delivery carry items and packages from a warehouse or distribution center to the final location, which is often a home or business address. These robots are perfect for delivering items in crowded cities where traditional delivery trucks could have difficulties with parking and traffic. This segment's growth is anticipated to be fueled by the rising demand for same-day delivery services and online shopping.

Robots used in logistics and transportation for a range of tasks, such as Fleet Management, security, and inventory management, are included in the Others sector. Due to the rising usage of automation in various industries, this category is anticipated to develop at a moderate rate over the course of the projected period. This category of the market consists of task-specific robots that can be altered to suit the requirements of various applications and sectors.

Regional Outlook:

In 2021, the Asia-Pacific region had the greatest revenue share in the global market for logistics robots. The region's market is expanding primarily as a result of the rising demand for logistics robots in developing nations like China, Japan, and India. The region's need for logistics robots is anticipated to be driven by the growing need for automation in the logistics sector to increase productivity and cut costs. The expansion of e-commerce and the demand for quicker product delivery are further factors boosting the market for logistics robots in the area. Furthermore, the availability of high-tech, affordable logistics robots is anticipated to support regional market expansion.

Throughout the anticipated period, the market for logistics robots in North America is anticipated to rise significantly. The region's market is expanding primarily as a result of the logistics sector's rising adoption of cutting-edge technologies like robotics, automation, and artificial intelligence. The expansion of the logistics robots market in the region is also being fueled by the advent of e-commerce and the demand for quicker and more effective product delivery. Also, the presence of major logistics firms in the area like Amazon, FedEx, and UPS is anticipated to promote the market expansion of logistics robots.

Throughout the anticipated period, the market for logistics robots is anticipated to expand significantly in Europe. The region's market is expanding primarily as a result of the logistics sector's growing use of automation to boost productivity and cut costs. The expansion of e-commerce and the demand for quicker product delivery are further factors boosting the market for logistics robots in the area. Furthermore, the presence of major logistics firms in the area, like DHL and Deutsche Post, is anticipated to boost the market expansion of logistics robots.

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Major Companies and Competitive Landscape:

The global logistics robots market is fairly consolidated, with a few large players accounting for a majority of the market revenue. Some major players included in the global logistics robots market report are:

  • Kuka AG
  • Fanuc Corporation
  • Yaskawa Electric Corporation
  • Dematic Corporation
  • KION Group AG
  • ABB Group
  • Teradyne Inc.
  • Amazon Robotics LLC
  • BlueBotics SA
  • Hi-Tech Robotic Systemz Ltd.

Strategic Development:

  • In 2021, Kuka AG announced the launch of its new palletizing robot, the KR Palletizer. The robot is designed to automate the palletizing process in various industries, including food and beverage, pharmaceuticals, and logistics.
  • In 2020, Fanuc Corporation introduced its new M-2000iA/2300 robot for the material handling industry. The robot is designed to handle heavy payloads and can be used in various industries, including logistics and warehousing.
  • In 2020, Yaskawa Electric Corporation acquired Sharebot, an Italian manufacturer of 3D printing solutions. The acquisition was aimed at expanding Yaskawa's product offerings in the logistics and material handling market.
  • In 2020, Dematic Corporation announced the launch of its new robotic picking technology, the Dematic iQ 2.4. The technology is designed to improve the efficiency of order fulfillment and reduce the need for manual labor.
  • In 2020, Amazon Robotics LLC announced the expansion of its autonomous delivery robot program, Amazon Scout, to additional cities in the United States. The program is aimed at improving last-mile delivery for Amazon customers.

New Product Launches:

  • KION Group AG: In 2021, KION Group AG launched its new line of autonomous mobile robots, the KION Mobile Automation Solutions. The robots are designed for material handling applications and can be integrated with existing warehouse management systems.
  • ABB Group: In 2020, ABB Group launched its new line of collaborative robots, the YuMi IRB 14000. The robots are designed for assembly, material handling, and packaging applications in various industries, including logistics and warehousing.
  • Teradyne Inc.: In 2020, Teradyne Inc. launched its new line of autonomous mobile robots, the MiR250 Hook. The robots are designed for material transport applications in various industries, including logistics and warehousing.
  • BlueBotics SA: In 2020, BlueBotics SA launched its new line of autonomous mobile robots, the Autonomous Navigation Technology (ANT) 4.0. The robots are designed for material handling and transportation applications in various industries, including logistics and warehousing.
  • Hi-Tech Robotic Systemz Ltd.: In 2020, Hi-Tech Robotic Systemz Ltd. launched its new line of autonomous mobile robots, the Novus-Drive. The robots are designed for material handling and transportation applications in various industries, including logistics and warehousing.

Segments Covered in the Report:

This report offers historical data and forecasts revenue growth at a global, regional, and country level, and provides analysis of market trends in each of segments and sub-segments from 2019 to 2032. For the purpose of this report, Reports and Data has segmented the global logistics robots market based on type, application, and region:

Logistics Robots Market Report Scope

PARAMETERS DETAILS
The market size value in 2022 USD 7.11 Billion
CAGR (2022 - 2032) 16%
The Revenue forecast in 2032

USD 30.42 Billion

Base year for estimation 2022
Historical data 2020-2021
Forecast period 2022-2032
Quantitative units
  • Revenue in USD Billion

  • CAGR from 2022 to 2032

Report coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments covered By Type Outlook, Application Outlook, Regional Outlook
By Type Outlook  
  • Mobile Robots
  • Robotic Arms
  • Autonomous Vehicles
  • Others
By Application Outlook  
  • Warehouse
  • Last-Mile Delivery
  • Others
Regional scope North America; Europe; Asia Pacific; Latin America ; Middle East & Africa
Country scope U.S.; Canada; U.K.; Germany; France; BENELUX; China; India; Japan; South Korea; Brazil; Saudi Arabia; UAE; Turkey
Key companies profiled Kuka AG, Fanuc Corporation, Yaskawa Electric Corporation, Dematic Corporation, KION Group AG, ABB Group, Teradyne Inc, Amazon Robotics LLC, BlueBotics SA, Hi-Tech Robotic Systemz Ltd.
Customization scope 10 hrs of free customization and expert consultation

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