Logistics Robot Market Is Set To Grow At A CAGR Of 16.2% By 2033

The global logistics robot market is expected to grow at a CAGR of 16.2% from 2023 to 2033. The growth of the market is driven by the increasing demand for automation in the logistics industry, the rising adoption of e-commerce, and the growing need for efficient and accurate delivery of goods.

The increasing demand for automation in the logistics industry is one of the major factors driving the growth of the market. Logistics robots can automate a variety of tasks, such as picking and packing, loading and unloading, and sorting. This can help to improve the efficiency of logistics operations and reduce costs.

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Key Companies Profiled

• ABB
• Agility Robotics
• AIBAYES
• COMAU
• Dexterity, Inc
• FANUC America Corporation
• GreyOrange
• Locus Robotics.
• Omron Corporation
• Seegrid Corporation
• Stäubli International AG.

Competitive Landscape

Fact.MR profiled the following top companies in logistics robot market in its report. Those companies are ABB, Agility Robotics, AIBAYES, COMAU, Dexterity, Inc, FANUC America Corporation, GreyOrange, Locus Robotics., Omron Corporation, Seegrid Corporation, Stäubli International AG., Swisslog Holding AG, Universal Robots, XYZ Robotics Inc. , Yaskawa America, Inc

The increasing preference of customers/consumers for the digital medium has led to maintaining a strong digital presence of the manufacturers. However, even the digital landscape is witnessing fierce competition, as a result of which, the high-tech and personalized visualization of robots is witnessing adoption.

Manufacturers of logistics robots are developing constructive collaboration with end users in order to streamline the supply chain. Mass production and quick delivery timelines are closing the demand supply gap as the penetration is increasing across verticals.

• In February 2021, ABB introduced new collaborative robots. GoFa cobot and SWIFTI offer higher payloads and faster speed than other robots, and hence they can be used for robust logistics purposes.