The
logistics robots market was valued at US$ 4,356.2 million in 2018 and is
expected to grow at a CAGR of 19.10% from 2019 to 2027 to reach US$ 20,293.4
million by 2027.

The increase
in the number of logistics and warehousing companies that are robustly focusing
on incorporating robots to gain the benefits of enhanced efficiency, speed, and
augmented profits to remain competitive in a market. The adoption of advanced
technology such as robotic warehousing and logistics technologies are growing
in order to enhance the operation efficiency at affordable price. The global
logistics robots market is driven by factors such as a growing percentage of
aging population globally leading towards labour shortage and augmenting supply
chain networks globally, but high capital investment for the deployment of
logistics robots is anticipated to restrain the market growth of the logistics robots market during the forecast period.
However, rising warehouse automation and well-established market in APAC and
European countries are likely to deliver substantial growth opportunities to
improve market share for industry players in the near future.

The market
study report additionally includes the top vital participants in the Global Logistics
Robots market, for example, AGV International, Clearpath Robotics, Daifuku Co.
Ltd., Fanuc Corporation, Fetch Robotics Inc, KION GROUP AG, KNAPP AG,
Kollmorgen, Kuka AG, Toshiba Corporation,

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NOTE: Our analysts monitoring the situation
across the globe explains that the market will generate remunerative prospects
for producers post the COVID-19 crisis. The report aims to provide an
additional illustration of the latest scenario, economic slowdown, and COVID-19
impact on the overall industry.

COVID-19 Impact Analysis -

Logistics
Robots Market study report investigations the effect of Coronavirus (COVID-19)
on the main producers in the business. In December 2019, the principal instance
of the Covid-19 infection was accounted for in China. From that point forward,
the infection has spread to almost 180+ nations around the globe. The episode
of Covid-19 has influenced numerous variables, for example, flight abrogation’s
and seclusion, presentation of a highly sensitive situation in numerous
nations, gigantic store network speed, financial exchange vulnerability,
conclusion of eateries, restriction on every single indoor occasion, declining
business ensures, developing populace frenzy and frenzy among the populace and
Uncertainty about what's to come. This seriously investigated report
introduction has been set up progressively speech, delivering generous
consideration towards the COVID-19 flare-up that has recently unleashed
remarkable harm across ventures, deteriorating development.

Logistics Robots Market Regional and
Country-wise Analysis:

·        
North
America (U.S., Canada, Mexico)

·        
Europe
(U.K., France, Germany, Spain, Italy, Central & Eastern Europe, CIS)

·        
Asia
Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)

·        
Latin
America (Brazil, Rest of Latin America)

·        
The
Middle East and Africa (Turkey, GCC, Rest of the Middle East and Africa)

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