The article cited AMA's Global Logistics Robotics Market Study explored substantial growth with CAGR of %. According the report, Rising in the Pharmaceutical & Automation Industry is one of the primary growth factors for the market. Increase in need for safety among workers
is also expected to contribute significantly to the Logistics Robotics market. Overall, Warehousing
applications of Logistics Robotics, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as ABB (Switzerland), Amazon Robotics (United States), Agility Robotics (United States), AWL-Techniek Holding B.V. (Netherland), Geekplus Technology Co., Ltd. (United States), Boston Dynamics (United States), Logistex (United Kingdom), Dematic (United States), Fanuc Corporation (Japan), Fetch Robotics (United States), GreyOrange (Georgia), IAM Robotics (United States), Kawasaki Heavy Industries, Ltd (Japan), Kion Group Ag (Japan), Krones AG (Germany) and KUKA AG (Germany) may see astonishing sales in this Market and certainly improve revenue growth.
The Function, such as Pick and Place, is boosting the Logistics Robotics market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The End User, such as Retail, is boosting the Logistics Robotics market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Logistics Robotics market identified that the demand is rising in many different parts of the world as "Advancements in artificial intelligence (AI), machine learning (ML), and sensor technology
". Furthermore, some recent industry insights like "In March 2023, Agility Robotics launched the next generation of Digit, the first human-centric, multi-purpose robot made for logistics work. Digit is designed from the ground up to go where people go and do useful work safely in spaces designed for people, starting with bulk material handling within warehouses and distribution centers." is constantly making the industry dynamic. One of the challenges that industry facing is "Lack of trained expertise or skilled professionals"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Logistics Robotics market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Logistics Robotics market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Logistics Robotics market tight? Which application/end-user category or Product Type [Autonomous Mobile Robots, Articulated Robots, Robot Arms and Others] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Logistics Robotics market and other related sub-markets covered in the study.
o Key & emerging players in the Logistics Robotics market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Logistics Robotics market size is calculated using market estimation process, the Logistics Robotics market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Logistics Robotics market size has been validated using both top-down and bottom-up approaches.