Logistics Robots Market Segmentation:
Type (Automated Storage and Retrieval Systems (AS/RS), Automated Guided Vehicles (AGVs), Autonomous Mobile Robots (AMRs), Articulated Robotic Arms, Good-to-Person Technology (G2P))
Automated Guided Vehicles (AGVs) segment is projected to hold logistics robots market share of more than 38% by 2035. The segment growth can be accredited to the increasing number of warehouses across the globe. In 2020, the total number of warehouses worldwide was estimated to be over 150,000.
Automated Guided Vehicles (AGVs) are fully automated transport systems that are sometimes used to oversee warehouse operations for repetitive, large-volume material movement jobs that are normally performed by forklifts, and conveyor systems.
The AGV falls under the umbrella of logistics robots that helps with order picking by directing warehouse workers through activities and moving selected items to workstations for packaging and shipping.
Function (Palletizing and De-palletizing, Pick and Place, Loading and Unloading, Packaging and Co-packing, Shipment and Delivery)
The palletizing and de-palletizing segment in logistics robots market is estimated to grow at a substantial CAGR in the coming years. The major factor in the expansion of the segment is the burgeoning packaging industry. For instance, the market for plastic packaging was estimated to be worth over USD 264 billion globally in 2022.
Palletizing and depalletizing automatically is now a crucial component of the packaging sector for achieving unmatched accuracy and a constant high throughput.
Moreover, palletizing is the process of packing or arranging goods for transportation or storage onto a wooden, plastic, or metal pallet, whereas depalletizing is the process of methodically taking packed goods off of a pallet that has been loaded.
End-Use (Healthcare, Retail, Agriculture, Manufacturing, E-commerce, Automotive, Food and Beverage)
By the end of 2035, the e-commerce segment in logistics robots market is predicted to have a significant revenue share led by the increasing popularity of online shopping. Nowadays, more than 2 billion people shop online, a huge rise from just a few years ago. Global e-commerce revenues increased by over 6% in 2022 over the previous year.
The e-commerce sector is using logistics robots to help it meet the constantly shifting needs of its online customers, manage a bigger volume of orders, and adhere to strict delivery windows as more and more customers shop online.
Our in-depth analysis of the global market includes the following segments:
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