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Jul 24, 2023

Logistics Automatic Robotics Machine Market Size 2023 and 2030

The global logistics automatic robotics machine market is expected to reach US$ 19.6 billion by 2030, with an annual growth rate of more than 15.4% Wilmington, Delaware, Oct. 16, 2023 (GLOBE NEWSWIRE)

The global logistics automatic robotics machine market is expected to reach US$ 19.6 billion by 2030, with an annual growth rate of more than 15.4%

Wilmington, Delaware, Oct. 16, 2023 (GLOBE NEWSWIRE) -- According to RationalStat’s most recent industry analysis, the Global Logistics Automatic Robotics Machine Market valued at US$ 7.2 billion in 2023 and is expected to rise at a strong CAGR of over 15.4% over the forecast period of 2023-2030

Market Definition, Market Scope, and Report Overview

Logistics robotics automation machines, sometimes known as logistics automation robots, are complex robotic devices meant to automate different logistics and supply chain jobs. Sensors, cameras, and complex algorithms enable these robots to execute activities such as picking, packing, sorting, and delivering goods in warehouses, distribution centers, and fulfilment centers.

The necessity for effective order fulfilment in the e-commerce era, labor shortages, cost efficiency, technical improvements, supply chain optimization, flexibility, sustainability goals, and the rapid return on investment are driving the global market for logistics automatic robotics machines.

According to a deep-dive market assessment by RationalStat, the global Logistics Automatic Robotics Machine market has been analyzed on the basis of market segments, including function, application and geography/regions (including North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and Asia Pacific). The report also offers global and regional market sizing for the historical period of 2019-2022 and the forecast period of 2023-2030.

Market intelligence for the global Logistics Automatic Robotics Machine market covers market sizes on the basis of market value (US$/EUR Million) and volume (Units) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.

In addition, the long-term sector and products/services 10-year outlook and its implications on the global Logistics Automatic Robotics Machine market. It also includes the industry's current state – Production Levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.

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Global Logistics Automatic Robotics Machine Market: Segmental and Market Share Analysis

Based on function, pick & place segment was the highest revenue contributor to the market in 2022.

Based on application, warehouse segment dominated the global logistics automatic robotics machine market and it is anticipated that it will remain dominant over the forecast period.

Report Synopsis

Report Metrics

Details

Base Year

2023

Forecast Period

2023-2030

Base Year Market Size

US$ 7.2 billion

Market Size Forecast

US$ 19.6 billion

Growth Rate

15.4%

Dominant Segment

Warehouse

Dominant Region

North America

Key Market Drivers

Increased accuracy of robotics

Cost efficiency

Rising E-commerce demand

Companies Profiled

FANUC CORPORATION

Kawasaki Heavy Industries, Ltd

KUKA AG

ABB

Yaskawa America

Omron Corporation

Toyota Industries Corporation

Vecna Robotics

Dematic

Toshiba Corporation

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Competition Analysis and Market Structure

Leading players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the global logistics automatic robotics machine market include,

In October 2023, Niryo, an industrial startup specialising in the design of compact collaborative robotic arms, has closed a € 6.4 million round of financing, ushering in a new phase in its goal of revolutionising the collaborative robotics sector on a worldwide scale.

Some of the prominent players and suppliers operating and contributing significantly to the global logistics automatic robotics machine market growth include FANUC CORPORATION, Kawasaki Heavy Industries, Ltd, KUKA AG, ABB, Yaskawa America, Omron Corporation, Toyota Industries Corporation, Vecna Robotics, Dematic, and Toshiba Corporation, among others.

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RationalStat has segmented the global logistics automatic robotics machine market based on function, application and region

Global Logistics Automatic Robotics Machine Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Function

Pick and Place

Palletizing and Depalletizing

Transportation

Packaging

Global Logistics Automatic Robotics Machine Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Application

Healthcare

Warehouse

Hospitality

Others

Global Logistics Automatic Robotics Machine Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Region

North America Logistics Automatic Robotics Machine Market

US

Canada

Latin America Logistics Automatic Robotics Machine Market

Brazil

Mexico

Rest of Latin America

Western Europe Logistics Automatic Robotics Machine Market

Germany

UK

France

Spain

Italy

Benelux

Nordic

Rest of Western Europe

Eastern Europe Logistics Automatic Robotics Machine Market

Russia

Poland

Hungary

Other CIS Countries

Rest of Eastern Europe

Asia Pacific Logistics Automatic Robotics Machine Market

China

Japan

India

South Korea

Australia

ASEAN

Indonesia

Thailand

Philippines

Vietnam

Malaysia

Rest of ASEAN

Rest of Asia Pacific

Middle East & Africa Logistics Automatic Robotics Machine Market

GCC

Saudi Arabia (KSA)

United Arab Emirates (UAE)

Rest of the GCC

South Africa

Nigeria

Turkey

Rest of the Middle East & Africa

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Key Questions Answered in the Logistics Automatic Robotics Machine Report:

What will be the market value of the global logistics automatic robotics machine market by 2030?

What is the market size of the global logistics automatic robotics machine market?

What are the market drivers of the global logistics automatic robotics machine market?

What are the key trends in the global logistics automatic robotics machine market?

Which is the leading region in the global logistics automatic robotics machine market?

What are the major companies operating in the global logistics automatic robotics machine market?

What are the market shares by key segments in the global logistics automatic robotics machine market?

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Research Methodology

RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.

RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:

Defining the problem by understanding the type of market and data required by the client.

Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.

Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.

Evaluating and analyzing the data by referring to data sources utilized and leveraged.

Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.

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About RationalStat LLC

RationalStat is an end-to-end global market intelligence and consulting company that provides comprehensive market research reports, customized strategy, and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.

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