Forecast the Global Logistics Robots Market to Grow at a CAGR of 32.36% by Revenue During the Period 2016-2020

About Logistics Robots

A robot performs multiple complex tasks with high speed, precision, and accuracy.

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Robots are classified into industrial and service robots. Service robots are segregated into defense, agriculture, medicals, and logistics robots and domestic machines based on the area of application. Manufacturers, FMCG players, and e-commerce operators use logistics robots inside and outside warehouses and production plants
Logistics has become a competitive factor for organizations. Companies have to depend on efficient and innovative logistics to sustain in the competitive environment. Logistics involves managing, storing, and supervising the transportation of goods. New robots can meet the rising demand for logistics technology. These solutions include truck loading, unloading, and mixed-case depalletizing. Robots help improve the operational effectiveness of warehouses and distribution centers by:
Increasing safety of workers
Reducing product damage
Minimizing loss due to thefts

Technavios analysts forecast the global logistics robots market to grow at a CAGR of 32.36% during the period 2016-2020.

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Covered in this report
The report covers the present scenario and the growth prospects of the global logistics robots market for 2016-2020. The report also presents the vendor landscape and a corresponding detailed analysis of the top five vendors operating in the market.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Logistics Robots Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
ABB
Fanuc
Kawasaki
KUKA
Yaskawa Motoman Robotics

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