Logistics Robots Market Share

  • Report ID: 6252
  • Published Date: Jun 21, 2024
  • Report Format: PDF, PPT

Logistics Robots Market Share

APAC Market Statistics

Asia Pacific logistics robots market is projected to account for revenue share of around 45% by 2036. As a result, more and more companies in the region are investing in logistics robots to achieve higher efficiencies, reduce downtime, and improve worker safety. For instance, Asia Pacific spending on robotic systems was over USD 90 billion in 2021.

In Japan, more and more businesses are utilizing robots to move goods automatically through their factories and warehouses to overcome labor shortages in e-commerce, increase efficiency, and optimize logistics.

The deployment of logistics robots seems to have picked up speed in China owing to technological development, increased domestic production, and quick expansion.

South Korea's restaurants are emerging as the most adoptive of robots, which may drive market growth in the coming years.

North American Market Analysis

The North American logistics robots market region will also register a tremendous CAGR through 2036 owing to the increasing purchase of robots by companies. For instance, in 2023, more than 30,159 robots were purchased by North American industries.

Particularly, in April 2023, over 45 investments totaling around USD 1 billion were made in robotics by US-based robotics startups.

Canada is well-known around the world as a center for innovation in industrial automation, leading to growth in the discipline of robotics in day-to-day jobs.

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Logistics Robots Market Share
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Author Credits:  Abhishek Verma


  • Report ID: 6252
  • Published Date: Jun 21, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2023, the industry size of logistics robots was over USD 26.7 billion.

The market size for logistics robots is projected to cross USD 106.9 billion by the end of 2036 expanding at a CAGR of 20% during the forecast period i.e., between 2024-2036.

The major players in the market are ABB, Sidel Group, Bastian Solutions, LLC, KION GROUP AG, Clearpath Robotics Inc., FedEx, Krones AG, Fetch Robotics, Inc, Midea Group, DHL International GmbH, Universal Robots, Clipper Logistics plc, and others.

In terms of application, the automated guided vehicles (AGVs) segment is anticipated to account for the largest market share of 38% during 2024-2036.

The Asia Pacific logistics robots sector is poised to hold the highest share of 45% by 2036.
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