Wednesday, May 11th, 2016 adds Global Logistics Robots Market 2016-2020 latest research report, the analysts forecast global logistics robots market to grow at a CAGR of 32.36% during the period 2016-2020.

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According to the logistics robots market report, the global economic development is associated with international transactions of goods and services. Over the last few years, demand for goods has raised worldwide, leading to increase in export-import. Export of goods requires integrated logistics services from supply chain entities. Manufacturers and enterprises demand services that act as a link between suppliers and customers.

The global logistics robots market analyst said large industrial robots that lift and operate heavy payloads work within fences to ensure the safety of human workers. Earlier, collaborative robots lacked lifting power compared to industrial robots, which hindered the former's uptake of heavy payload processes. Therefore, vendors have started offering collaborative robots that can lift heavy payloads in assembly lines and warehouses for lifting heavy cartons.

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The report, Global Logistics Robots Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. This 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. This 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.

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

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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

Key players in the global logistics robots market: ABB, Fanuc, Kawasaki, KUKA, and Yaskawa Motoman Robotics.

Other prominent vendors in the market are: Adept Technologies, Apex Automation and Robotics, Denso Robotics, Epson, Honda, Mitsubishi Electric, Nachi Robotics, Pari Robotics, Rethink Robotics, Stabuli, Teradyne, TM Robotics, and Yamaha Robotics.

Further, Logistics Robots market report states that the low adoption of technologically advanced equipment hinders the market growth.

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