Logistics Robotics Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Logistics Robotics Market is segmented By Robot Type (Autonomous Mobile Robots, Robot Arms, Automated Guided Vehicles, Others), By Application (Pick a....

Logistics Robotics Market Size

Market Size in USD

CAGR16.4%

Study Period2024 - 2031
Base Year of Estimation2023
CAGR16.4%
Market ConcentrationHigh
Major PlayersKUKA AG, FANUC CORPORATION, Kawasaki Heavy Industries, Ltd., Toshiba Corporation, Yaskawa America, Inc.
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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Logistics Robotics Market Analysis

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.