For more insights related to the growth of the logistics robots market, View our Sample Report
Five Forces Analysis
Threat of substitutes: There are few substitutes for logistics robots such as cobots, automated warehousing, artificial intelligence (AI), and robotic process automation in terms of applications. End users have few options to choose from for a particular application or usage. However, toward the end of the forecast period, the threat of substitutes will be moderate, as logistics robots will become more affordable due to reduced component prices and improved technological advances.
Vendor Insights
The logistics robots market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market. The report analyzes the market's competitive landscape and offers information on several market vendors, including:
- ABB Ltd.
- B2A Technology SAS
- Clearpath Robotics Inc.
- Kawasaki Heavy Industries Ltd.
- KION GROUP AG
- Midea Group Co. Ltd.
- OMRON Corp.
- Teradyne Inc.
- Toshiba Corp.
- Toyota Industries Corp.
Find additional highlights on the growth strategies adopted by vendors and their product offerings. Read a Sample Report.
Geographical Market Analysis
APAC will provide maximum growth opportunities in the logistics robots market during the forecast period. According to our research, the region will contribute 48% of the global market growth during the forecast period. China and Japan are the two major markets in APAC. The presence of component manufacturers offering advanced sensor technologies at low costs will drive the logistics robots market growth in APAC during the forecast period.
Know more about this market's geographical distribution along with a detailed analysis of the top regions. View our Report Snapshot
Key Segment Analysis
The logistics robots market share growth in the indoor and outdoor logistics segment will be significant during the forecast period. The growth of this segment will be driven by factors such as an increase in the adoption of logistics robots by end-users, such as warehouses, airports, harbors, logistics centers for parcel and mail orders, trans-shipment centers, and public buildings.
View a Report Sample: to know additional highlights and key points on various market segments and their impact in coming years.
Key Market Drivers & Challenges:
The good ROI offered by logistics robots is driving the logistics robots market growth. Logistics robots provide advantages such as low cost of equipment, adoption of advanced technologies such as machine learning logic, and the adoption of automation and robotics due to the rise of labor costs and stringent regulations in difficult working conditions.
Download a sample for highlights on market drivers & challenges that impact the logistics robots market.
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Logistics Robots Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2019 |
Forecast period |
2020-2024 |
Growth momentum & CAGR |
Accelerate at a CAGR of 31.24% |
Market growth 2020-2024 |
USD 6.42 billion |
Market structure |
Fragmented |
YoY growth (%) |
27.91 |
Regional analysis |
APAC, North America, Europe, South America, and MEA |
Performing market contribution |
APAC at 48% |
Key consumer countries |
US, China, Germany, Japan, and Canada |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
ABB Ltd., B2A Technology SAS, Clearpath Robotics Inc., Kawasaki Heavy Industries Ltd., KION GROUP AG, Midea Group Co. Ltd., OMRON Corp., Teradyne Inc., Toshiba Corp., and Toyota Industries Corp. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
1 Executive Summary
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 01: Parent market
- Exhibit 02: Market characteristics
- 2.2 Value chain analysis
- Exhibit 03: Value Chain Analysis: Industrial machinery
3 Market Sizing
- 3.1 Market definition
- Exhibit 04: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 05: Market segments
- 3.4 Market outlook: Forecast for 2020 - 2025
- Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million)
- Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 08: Five forces analysis 2020 & 2025
- 4.2 Bargaining power of buyers
- Exhibit 09: Bargaining power of buyers
- 4.3 Bargaining power of suppliers
- Exhibit 10: Bargaining power of suppliers
- 4.4 Threat of new entrants
- Exhibit 11: Threat of new entrants
- 4.5 Threat of substitutes
- Exhibit 12: Threat of substitutes
- 4.6 Threat of rivalry
- Exhibit 13: Threat of rivalry
- 4.7 Market condition
- Exhibit 14: Market condition - Five forces 2020
5 Market Segmentation by Application
- 5.1 Market segments
- Exhibit 15: Application - Market share 2020-2025 (%)
- 5.2 Comparison by Application
- Exhibit 16: Comparison by Application
- 5.3 Indoor and outdoor logistics - Market size and forecast 2020-2025
- Exhibit 17: Indoor and outdoor logistics - Market size and forecast 2020-2025 ($ million)
- Exhibit 18: Indoor and outdoor logistics - Year-over-year growth 2020-2025 (%)
- 5.4 Factory logistics - Market size and forecast 2020-2025
- Exhibit 19: Factory logistics - Market size and forecast 2020-2025 ($ million)
- Exhibit 20: Factory logistics - Year-over-year growth 2020-2025 (%)
- 5.5 Market opportunity by Application
- Exhibit 21: Market opportunity by Application
6 Customer landscape
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 23: Market share by geography 2020-2025 (%)
- 7.2 Geographic comparison
- Exhibit 24: Geographic comparison
- 7.3 APAC - Market size and forecast 2020-2025
- Exhibit 25: APAC - Market size and forecast 2020-2025 ($ million)
- Exhibit 26: APAC - Year-over-year growth 2020-2025 (%)
- 7.4 North America - Market size and forecast 2020-2025
- Exhibit 27: North America - Market size and forecast 2020-2025 ($ million)
- Exhibit 28: North America - Year-over-year growth 2020-2025 (%)
- 7.5 Europe - Market size and forecast 2020-2025
- Exhibit 29: Europe - Market size and forecast 2020-2025 ($ million)
- Exhibit 30: Europe - Year-over-year growth 2020-2025 (%)
- 7.6 South America - Market size and forecast 2020-2025
- Exhibit 31: South America - Market size and forecast 2020-2025 ($ million)
- Exhibit 32: South America - Year-over-year growth 2020-2025 (%)
- 7.7 MEA - Market size and forecast 2020-2025
- Exhibit 33: MEA - Market size and forecast 2020-2025 ($ million)
- Exhibit 34: MEA - Year-over-year growth 2020-2025 (%)
- 7.8 Key leading countries
- Exhibit 35: Key leading countries
- 7.9 Market opportunity by geography
- Exhibit 36: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.2 Market challenges
- Exhibit 40: Impact of drivers and challenges
9 Vendor Landscape
- 9.1 Vendor landscape
- Exhibit 41: Vendor landscape
- 9.2 Landscape disruption
- Exhibit 42: Landscape disruption
- Exhibit 43: Industry risks
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 44: Vendors covered
- 10.2 Market positioning of vendors
- 10.3 ABB Ltd.
- Exhibit 46: ABB Ltd. - Overview
- Exhibit 47: ABB Ltd. - Business segments
- Exhibit 48: ABB Ltd. - Key offerings
- Exhibit 49: ABB Ltd. - Segment focus
- 10.4 Alstef Group
- Exhibit 50: Alstef Group - Overview
- Exhibit 51: Alstef Group - Product and service
- Exhibit 52: Alstef Group - Key offerings
- 10.5 Clearpath Robotics Inc.
- Exhibit 53: Clearpath Robotics Inc. - Overview
- Exhibit 54: Clearpath Robotics Inc. - Product and service
- Exhibit 55: Clearpath Robotics Inc. - Key offerings
- 10.6 Kawasaki Heavy Industries Ltd.
- Exhibit 56: Kawasaki Heavy Industries Ltd. - Overview
- Exhibit 57: Kawasaki Heavy Industries Ltd. - Business segments
- Exhibit 58: Kawasaki Heavy Industries Ltd. - Key offerings
- Exhibit 59: Kawasaki Heavy Industries Ltd. - Segment focus
- 10.7 KION GROUP AG
- Exhibit 60: KION GROUP AG - Overview
- Exhibit 61: KION GROUP AG - Business segments
- Exhibit 62: KION GROUP AG - Key offerings
- Exhibit 63: KION GROUP AG - Segment focus
- 10.8 MIDEA GROUP
- Exhibit 64: MIDEA GROUP - Overview
- Exhibit 65: MIDEA GROUP - Business segments
- Exhibit 66: MIDEA GROUP - Key offerings
- Exhibit 67: MIDEA GROUP - Segment focus
- 10.9 OMRON Corp.
- Exhibit 68: OMRON Corp. - Overview
- Exhibit 69: OMRON Corp. - Business segments
- Exhibit 70: OMRON Corp. - Key offerings
- Exhibit 71: OMRON Corp. - Segment focus
- 10.10 Teradyne Inc.
- Exhibit 72: Teradyne Inc. - Overview
- Exhibit 73: Teradyne Inc. - Business segments
- Exhibit 74: Teradyne Inc. - Key offerings
- Exhibit 75: Teradyne Inc. - Segment focus
- 10.11 Toshiba Corp.
- Exhibit 76: Toshiba Corp. - Overview
- Exhibit 77: Toshiba Corp. - Business segments
- Exhibit 78: Toshiba Corp. - Key offerings
- Exhibit 79: Toshiba Corp. - Segment focus
- 10.12 Toyota Industries Corp.
- Exhibit 80: Toyota Industries Corp. - Overview
- Exhibit 81: Toyota Industries Corp. - Business segments
- Exhibit 82: Toyota Industries Corp. - Key offerings
- Exhibit 83: Toyota Industries Corp. - Segment focus
11 Appendix
- 11.2 Currency conversion rates for US$
- Exhibit 84: Currency conversion rates for US$
- 11.3 Research methodology
- Exhibit 85: Research Methodology
- Exhibit 86: Validation techniques employed for market sizing
- Exhibit 87: Information sources
- 11.4 List of abbreviations
- Exhibit 88: List of abbreviations
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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