Global Mobile Logistics Robot Market Research Report: Ken Research
by Ashish Kumar Market ResearcherAccording to a recent
report published by Allied Market Research, titled,"Mobile
Logistics Robot Market by Industry Vertical and Function: Global Opportunity
Analysis and Industry Forecast, 2017-2025,"the global mobile logistics robot market was
valued at USD 2,420.7 million in 2017 and is projected to reach USD 11,269.1
million by 2025, growing at a CAGR of 21.2% from 2018 to 2025.
Mobile logistics
robots automate the process of storing and moving goods as they make their way
through the supply chain. These logistics robots are often used in warehouses
and other storage facilities to organize and transport products. Mobile
logistics robots offer greater levels of uptime over manual labor, which leads
to major productivity gains and profitability. Integration of warehouse and
mobile logistics robot technology has helped to ensure accuracy and automation
while increasing the warehouse storage space and operation efficiency. For
instance, an autonomous mobile robot can adapt to the change in surrounding and
its application is expected to increase the efficiency in delivering the
merchandise from the shelf to the workstation and can maximize the use of the
storage area.
The e-commerce,
automotive, food & beverage, and pharmaceutical industries are majorly
driving the growth of the mobile logistics robot market globally owing to
increase in competitiveness among the players in these industry verticals and
high cost of labor. To control labor costs, robots help companies automate the
ordinary and repetitive parts of their processes, allowing skilled workers to
engage on more important tasks.
Asia-Pacific
dominated the mobile logistics robot market and is also the fastest growing
region globally. Asia-Pacific countries such as Japan and China are the second
and third largest ecommerce markets respectively. Asia-Pacific is also the
largest manufacturer of electronic & electrical goods and metal &
machinery goods. Japan and China lead the industrial automation market. Warehouse
robotics can help companies reduce overhead costs and increase productivity
with consistency and accuracy. All these factors create lucrative opportunities
for Asia-Pacific in mobile logistics robot market.
Key
Findings of the Mobile Logistics Robot Market:
In 2017, the
warehouse sub-segment generated the highest revenue in the global mobile
logistics robot market.
In 2017, the pick
& place segment generated the highest revenue among the functions in the
global mobile logistics robot market.
The key players profiled
in the mobile logistics robot market report include Aethon Inc., Asic Robotics
AG, Clearpath, Fetch Robotics Inc., Kuka AG, Mobile Industrial Robots, Omron
Corp Adept Technology Inc., Amazon Robotics, Savioke, and GreyOrange. These key
players have adopted strategies, such as product portfolio expansion, mergers
& acquisitions, agreements, geographical expansion, and collaborations to
enhance their market penetration. For instance, In October 2018, Aethon
launched newest TUG robot, the T4, which is based on Aethons TUG product line
by providing system integrators greater flexibility through its inbuilt
connections. This product is used for industrial, manufacturing and logistics
customers who need a smaller, faster and integration-ready mobile robot. Furthermore,
In April 2018, GreyOrange expanded its business in Japan and Europe, for the
development of its Butler robotics system. These sites develop an advanced
combination of robotics and Artificial Intelligence, which is expected to
increase their efficiencies multifold. This expansion helped to increase the
business and product portfolio of company.
To
know more, click on the link below:-
Global
Mobile Logistics Robot Market Research Report
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Ankur Gupta, Head
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Created on Dec 16th 2019 23:09. Viewed 364 times.