According to the study “Global Logistics Robots Market 2016-2022 by System Component, Operation Environment, Application, Product Type, and by Geography”, logistics industry is huge and operates different processes such as warehousing, ordering, transportation, picking, packing, disposal, delivery, inventory, merge in transit, routing, recycling, expediting, and many more operations. Logistics robots are deployed to handle one or more of these processes. Collaborative robots or cobots are used for tasks like co-packing where humans and robots work in the same areas on different steps in the packing process. Geographically, the logistics robots market is spread across Asia-Pacific, Europe, North America, Latin America, and rest of the world. Asia Pacific region deploys more number of logistic robots due to shortage of human labour and tremendous growth in e-commerce industry. Logistics robots market is expanding into new territories, with small- and medium-sized industries adopting automation with the deployment of robots. Logistic robotic solutions are manufactured with small-capacity and cost-effectiveness with advanced robotic software.
Globalization has motivated almost all the industries around the world to adopt various types of robots, owing to the rising advantages of smart factory systems. Logistics robots deployed within the industries automate the process of storing and moving goods within the supply chain. These robots organize and transport products more efficiently than manual labour, leading to more productivity and profitability. Global logistic robots market is experiencing more demand over the past decade due to multi tasking capabilities. The increasing awareness of (IIoT) Industrial Internet of Things and huge investments in robotics research are the key factors contributing for the success of logistics robots market. Globalization and industrial revolution has increased the demand for automation in manufacturing industries coupled with the adoption of robotic technologies for more sophisticated products. Advanced technologies such as modular robotics, nano-robotics, and cloud robotics are affordable, small, compact, and energy efficient robotics solutions that are in huge demand.
The global logistics robots market is categorized based on the component, operation environment, product type, and applications. The component category is classified into hardware and software. The operation environment category is classified into warehouse, outdoor, factory, and others applications. Logistics robots market is again divided into robotic arms, unmanned aerial vehicles (UAVs), and unmanned ground vehicles (UGVs). Based on application, logistics robots market includes pick & place, loading & unloading, packaging & co-packing, shipment & delivery, and others functions. The leading players within the global logistics robots market are ABB, KUKA, Fanuc, Yaskawa Motoman, Fetch Robotics, Amazon Robotics, Kawasaki Robotics, Adept Technology, Apex, Denso Wave Inc., Epson Robotics, Honda, Mitsubishi, Nachi, Rethink Robotics, Universal Robots, Pari, TM, Staubli International AG, Yamaha, Daifuku, BluePrint Automation BPA, IMA Industries, Pro Mach, Gebo Cermex, MSK Covertech and Panasonic.
Modernization, industrialization, global economy are the major factors affecting the logistics robots market because all the manufacturing facilities adopting more robotics solutions to withstand competition. Robotics technology has transformed all the supply chain operations to operate faster, safer, and more productive. Matured robotic solutions are deployed for optimization of logistics processes that helps in creating a tipping point within warehouses and logistics operations.
Over the past few years, deployment of logistics robots to handle storage and distribution industry was relatively very low. However, with the advent of Industry 4.0, logistics robots are now an essential part of this complex industry. Logistics robots are being trained into automated aerial delivery (drone delivery), mobile parcel stations, automated sorting, and robot-assisted 2-man handling. With the advent of newer technologies the last-mile robotic delivery will soon become a reality followed by other application technologies already listed. Logistics robots technology is adopted slowly but surely in cautious and well-considered stages for more sophisticated operations over the next few years.
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Ankur Gupta, Head Marketing & Communications