Logistics Robots Market Regional Analysis:
APAC Market Statistics
Asia Pacific industry is estimated to account for largest revenue share of 45% by 2035. 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 2035 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.
