Robotics and the Future of Logistics | Logistics Robot Industry To Benefit Most Due To COVID-19

Robotics and the Future of Logistics

Global logistics robot market is expected to rise to an estimated value of USD 38212.78 million by 2026, registering a healthy CAGR in the forecast period of 2019-2026

Get FREE Sample Study Report To Know more Info @ https://tinyurl.com/y6os5z3k

What Are The Market Drivers:

Increase in adoption of automation solutions in industries arising due to global export activity which has led to a transformation from human performed activities to machine activities
Increasing e-commerce and online retail trade has led to the demand for quick delivery drives the logistics robots market
Shortage of human workforce, the increasing trade and online retail business, and technological advancement
Logistics robots can be used to carry heavy cartons and heavy payloads, and at the same time assure the safety of workers, thereby decreasing product damage and reducing the loss due to thefts
Rising demand for logistics robots in defence & military verticals would stimulate the demand in the forecasted period

Why We're Entering The Age of Robotic Logistics

Robotic logistics has finally taken its hold in the world. Here's the essential information so you can prepare yourself for the logistics of the future.

The future of logistics is now! And it's going to be robotic.

Until a couple of years ago, the amount of robots in the material handling and distribution industry was relatively low. Automation has traditionally been challenging for this complex industry.

In February 2018, Amazon. E-commerce giant secretly acquired Dispatch, an urban delivery robot start-up company to build Scout. Scout is a six wheel urban delivery robot, and has been built in order to fulfil its commitments of Amazon Prime and one-day delivery, which would require advanced technology and quicker logistics servicing.
In July 2018, ABB in order to strengthen its position in the logistics market has acquired Intrion, an industrial automation expert for warehouse and distribution, food and beverage, and pharmaceutical sectors. Robotics automated solution would add in flexibility to meet unexpected peaks, and in order to survive and perform efficiently in the complex and diverse market due to e-commerce and mass customisation.

Key Vendors:

ABB, Dematic, KUKA AG, Amazon Robotics, Hitachi, The Hi-Tech Robotic Systemz, Bastian Solutions, Inc., OMRON Corporation, Fetch Robotics, Inc., GreyOrange pte ltd., Daifuku Co., Ltd., KNAPP AG, IAM Robotics, Clearpath Robotics Inc., KION GROUP AG, Mobile Industrial Robots A/S, FANUC CORPORATION, Kawasaki Heavy Industries, Ltd., Yaskawa America, Inc., TOSHIBA CORPORATION and Asic Robotics AG among others.