![]() The unprecedented e-commerce expansion has been auguring well for the logistics robot market across Asia Pacific. ![]() Research identifies ample opportunity residing in Asia Pacific as the region houses a substantially large base of e-commerce consumer. Advanced logistics robots are likely to garner strong ground in the next few years as they not only ensure enhanced supply chain efficiency but also promise better safety of workersĪs the boom around online retail grows denser, demand for logistics robot is likely to rise high.Abundant opportunities are likely to emerge with growing integration of logistics robots with advanced AI-based applications.Logistics robots hold the promise to provide a reliable solution to the contemporary challenges looming over e-commerce industry.The segment will continue to be the most attractive area, estimated to discover an incremental opportunity of over US$2 Bn between 20. Market analysis based on application reveals that application of logistics robots across e-commerce industry accounts for the lion’s share in global market. Warehouses are more likely to employ new AGV systems for their extended capabilities of aiding in major jobs like storing, transport, and distribution, which also warrant a minimum risk of product damage, or injuries to workers. While industry has been showcasing growing preference for AGV systems to achieve accurate tracking of shipped products, just-in-time raw material delivery, and electronic control of the assembled parts. These completely autonomous robots account for a sizeable market share of more than 42% and provide an ideal solution to automated jobs like moving and transporting items in production, warehousing, and at distribution centres without any manual intervention. Automated guided vehicles remain dominant with over 42% market shareīy type of logistics robot, automated guided vehicle (AGV) systems have been the leading segment.During the period of projection, the market in Asia Pacific is all set to exhibit the fastest growth at around 26.2% CAGR.Logistics robot market is poised to demonstrate a staggering 23.7% CAGR during 2021 – 2025. ![]() With logistics industry witnessing transformation of modern supply chains eyeing streamlined operations, global logistics robot market will continue to be on an uptrend, says the report. Between 20, the report projects promising double-digit growth for the market. While global logistics robot market attained the valuation of US$807.2 Mn in 2017, it is likely to reach over the revenue of US$12,739 Mn toward the end of 202 5 as suggested by a newly published report of Fairfield Market Research. With industry seeking greater operational inefficiency, and visibility for stakeholders, demand for innovations like logistics robot is expected to rise high. 14, 2022 (GLOBE NEWSWIRE) - Critically growing need for improved supply chain efficiency remains a major factor boosting the significance of logistics robots. ![]()
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