Logistics Robotics Market is segmented By Robot Type (Autonomous Mobile Robots, Robot Arms, Automated Guided Vehicles, Others), By Application (Pick a....
Market Size in USD
CAGR16.4%
Study Period | 2024 - 2031 |
Base Year of Estimation | 2023 |
CAGR | 16.4% |
Market Concentration | High |
Major Players | KUKA AG, FANUC CORPORATION, Kawasaki Heavy Industries, Ltd., Toshiba Corporation, Yaskawa America, Inc. |
The logistics robotics market is estimated to be valued at USD 10.22 Bn in 2024 and is expected to reach USD 29.58 Bn by 2031, growing at a compound annual growth rate (CAGR) of 16.4% from 2024 to 2031. The growing demand for automation in warehousing and material handling application is one of the major factors driving the logistics robotics market.