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Untapped Potential of Developing Nations to Bolster Growth of Global Industrial Logistics Robots Market

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Published on : Mar 14, 2017

ALBANY, NY, March 14, 2017: The report discusses the key trends, growth opportunities, growth drivers, and deterrents of the global market for industrial logistics robots. The report also covers the competitive landscape, leading segments, market attractiveness, value chain analysis, supply and demand dynamics, apart from a description of detailed profiles of the leading companies operating in the market. Porter’s Five Force Analysis is leveraged to gauge the nature of the competitive scenario. 

Logistics robots are autonomous devices that are capable of transporting resources across a logistic network. They simplify various operations in vast areas such as automotive factories and airports, enabling smooth, hassle-free operations. Proper management of resources and time is the key benefit offered by these robots. Therefore, the demand for industrial logistics robots is likely to witness an increase. Due to the flourishing trade and export activities on a global scale, the industrial sector has been undergoing technological transformation, encouraging the adoption of robots in industrial logistics. 

On the contrary, the low level of technological adoption, in emerging economies in particular, might emerge as a major bottleneck for the growth of the market. However, as one of the key challenges faced by the logistics industry is the non-availability of labor, the demand for industrial logistics robots is likely to soar. Even though the global market for industrial logistics robots is in its nascent stage, the potential for growth is immense.

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The global industrial logistics robots market can be segmented according to product type, application, and geography.  By application, sorting centers, distribution centers, and last-mile delivery are the key segments of the market. Electrical logistics robots, manufacturing robots, pharmaceutical logistics robots, depalletizing robots, material handling logistics robots, and semiconductor and electronics logistics robots are the key product segments of the market. 

Based on geography, the global market for industrial logistics robots has been segmented into China, India, Japan, Europe, North America, and Southeast Asia. North America is likely to emerge at the fore, with the U.S. and Canada leading this regional segment. Europe is also likely to exhibit considerable demand over the forecast period, driven by high adoption of technology. The countries of Asia Pacific such as China and India are slated to represent a significant share of the global market for industrial logistics robots. The growth of these countries can be attributed to robust industrial and infrastructural growth, increasing adoption of technology, and rising need for efficiency in industrial operations in this region.

Some of the major companies operating in the global market for industrial logistics robots are Panasonic, Kawasaki, Daifuku, Yasakawa Motoman, Schaffer, Kuka, Siecort Epson, MSK Covertech-Group, Clevertech, Fuji, Adept Technologies, Gebo Cermex, Toshiba, BluePrint Automation BPA, ABB, Yamaha, Stabuli, Denso, Krones, and Pro Mach. 

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