Logistics Robots Market in Industrial Machinery Industry | Technavio

NEW YORK, Aug. 2, 2021 /PRNewswire/ —
Technavio’s latest report on the logistics…

NEW YORK, Aug. 2, 2021 /PRNewswire/ —

Technavio’s latest report on the logistics robot market estimates an incremental growth of USD 6.42 billion during 2020-2024, progressing at a CAGR of over 31% during the forecast period. The growth can be mainly attributed to the better ROI offered by logistics robots.

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The COVID-19 impact report on the logistics robots market offers pre as well as post-COVID-19 market estimates. Technavio analysts have curated the reports extensively through both qualitative and quantitative research methodologies to derive the most industry-relevant and business-relevant outcomes.

Companies across the globe are focusing on creating resilient business models in the face of COVID-19. Vendors are continuing their ongoing operations while building resilient business models as the path to recovery from the pandemic is being carved out.

This post-pandemic business planning research will aid clients to:

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  • Identifying potential disruptions
  • Assessing Impact on Critical IT infrastructure and Software System

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Key Considerations for Market Forecast:

  • Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
  • Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
  • Pre- as well as post-COVID-19 market estimates
  • Quarterly impact analysis and updates on market estimates

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Emerging Opportunities with Key players

ABB Ltd.

The company provides comprehensive range of logistics automation solutions for accurate order picking, singling individual packages out of large volumes moving at great speed, and efficiently handling the most complex pallet loads.

B2A Technology SAS

The company provides logistics robot solutions to easily carry materials and packages from one place to another.

Clearpath Robotics Inc.

The company offers intralogistics and materials handling of heavy-load materials.

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Logistics Robots Market 2020-2024: Segmentation

Logistics robots market is segmented as below:

  • Application
    • Indoor and Outdoor Logistics
    • Factory Logistics
  • Geography
    • APAC
    • North America
    • Europe
    • South America
    • MEA

The logistics robots market is driven by better ROI offered by logistics robots. In addition, the implementation of stringent health and safety regulations is expected to trigger the logistics robots market toward witnessing a CAGR of over 31% during the forecast period.

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Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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