Logistics robots are automated machines that are utilized in automation of the method of storing and moving products. They help as a substitute to the customary belt-based transportation system. They’re expansively utilized in warehouses & storage units to organise and move product. Logistic robots scale back the high cost value of labour, increase potency as compared to manual work, thereby resulting in enhanced performance and success. Logistic robots assist in stream chains management accomplishments together with packing, picking, palletization and depalletization etc.
According to the analysis, ‘Asia Pacific Logistics Robots Market 2020-2026 by Offering, Product Type, Operation Environment, Application, End-user, and Country: Trend Forecast and Growth Opportunity’ there are some key players that are functioning for enhancing the market which has key players like Seiko Epson Corporation (Epson Robotics), Omron Corporation (Omron Adept Technologies), GreyOrange Pte Ltd, Clearpath Robotics, Inc., Fetch Robotics, Inc., DAIFUKU Co, Ltd, KUKA (Midea Group), Fanuc Corp., IAM Robotics, ABB Ltd., SIASUN Co., Ltd., Yaskawa Electric Corp., Rethink Robotics, Inc., Seegrid Corporation, AethonInc, Locus Robotics, Amazon Robotics LLC, KION Group AG. The increase in the range of logistics and warehousing corporations that are robustly specializing on incorporating robots to realize the advantages of increased potency, speed, and increased profits to stay competitive in an exceedingly market. The adoption of advanced technology like robotic warehousing and logistics technologies are rising so as to increase the operation proficiency at reasonable value. The global logistics robots market is driven by factors like a growing share of aging population globally leading towards labour shortage and enlarging provide chain networks globally, however high capital investment for the distribution of logistics robots is predicted to lock up the market growth of the logistics robots market throughout the forecast period. However, rising warehouse automation and well-established market in APAC and European countries are probable to deliver substantial growth opportunities to enhance market share for business players in the near future.
The Asia-Pacific Logistics Robots market is segmental on the premise of Offering, Product Type, Operation Environment, Application and End-user. Based on offering, the market is distributed into Hardware, Software and Services & Support. Based on Product type, the market is categorized into Autonomous Mobile Robots (AMRs), Automated Guided Vehicles (AGVs), Robotic Arms and other products. Based on operational environment, the market is categorised into Factory Logistics Robots, Warehouse Logistics Robots, Outdoor Logistics Robots and Other Logistics Robots. Based on application, the marketplace is categorised into Palletizing and Depalletizing, Pick and Place, Loading and Unloading, Packaging and Co-packing, Shipment and Delivery, Transportation and Storage and Other Applications. Based on end user, the market is characterized into Healthcare, Retail, Agriculture, Manufacturing and Other End-users.
The regional investigation of Asia-Pacific Logistics Robots Market is taken into the account for the key regions like Japan, China, South Korea, Australia, India and Rest of APAC. China is that the leading/significant country over the globe in terms of market share because of rising range of consumers within the region. Whereas, Japan is moreover expected to exhibit highest rate / CAGR over the forecast amount 2020-2026.
Furthermore, factors like the demand for advanced robotic solutions and labour shortage issue have produced massive opportunity to implement these robots across the industries. These factors are seemingly to drive the Asia-Pacific logistics robot market. Also, The constant development within the global e-commerce moreover as on-demand economy, the necessity of advanced and innovative generation of autonomous mobile robots are aiding corporations to handle major labour shortage issue is likely to increase the Asia-Pacific logistics robot market.
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Ankur Gupta, Head Marketing & Communications