Logistics Robots Market Size - By Component (Hardware, Software, Services), By Application (Palletizing & De-palletizing, Pick & Place, Transportation), By Vertical (E-commerce, Healthcare, Retail, Food & Beverages, Automotive), By Type & Forecast, 2024 – 2032

Logistics Robots Market Size

Logistics Robots Market size was valued at USD 8.6 billion in 2023 and is anticipated to grow at a CAGR of over 15% between 2024 and 2032.The rapid growth of the e-commerce sector has led to significant changes in the logistics & supply chain industry, driving advancements in warehouse operations. Due to the growing dependence of consumers on e-commerce, there is a pressing need for substantial advancements in the application of logistics robots for picking tasks. These advancements aim to improve efficiency, accuracy, and speed in the order fulfillment processes.
 

Autonomous Mobile Robots (AMRs) are increasingly used in e-commerce warehouses to dynamically navigate through warehouse environments and to transport goods between storage locations & picking stations. For instance, in November 2021, FANUC America, a supplier of CNCs, robotics, & ROBOMACHINE, introduced the new LR-10iA/10 robot, designed for machine tending and a variety of picking applications found in the warehousing & logistics market.
 

The increasing global focus on sustainability is transforming industries across every domain, especially the logistics sector. Logistics robots play a crucial role in promoting sustainable practices in logistics handling, contributing to reduced environmental impacts, improved efficiency, and optimized resource usage. Robots tackle the use of space & resources within warehouses, reducing the need for excess inventory and minimizing wastage, thereby helping organizations to reduce the cost. Modern logistics robots use energy-efficient motors designed to minimize power usage while maximizing performance. Decreased energy usage leads to lower emissions and aligns with sustainable operational goals.
 

The rapid integration of advanced robotic systems into logistics has revealed a significant skill gap among employees, who often lack the necessary training & expertise to operate and maintain these intricate technologies. This gap poses challenges for many organizations, as the successful integration, implementation & utilization of logistics robots require a workforce that knows how to handle robotics, automation, and data analytics.
 

Employees must understand not only the basic operational procedures but also the technical aspects of troubleshooting, programming, and maintaining these systems to ensure optimal performance and minimize downtime. Addressing this skill gap requires comprehensive training programs, continuous education initiatives, and collaborations with educational institutions to develop curriculums that align with the evolving demands of the logistics industry.
 

Logistics Robots Market Trends

The rising shift toward autonomous warehouses is primarily agitated by the need for greater efficiency, accuracy, & speed in order fulfillment, particularly in response to the booming online & e-commerce sector. Logistics robots help match the demands by operating around the clock, reducing human errors, and ensuring consistent performance. They enable warehouses to handle higher volumes of orders with greater precision and speed, thereby enhancing customer satisfaction & competitiveness.
 

For instance, in September 2021, KION Group, in partnership with the Fraunhofer Institute for Material Flow and Logistics (IML) pioneered an exciting project named “LoadRunner”. The primary aim behind the project is to pave the way for a new generation of autonomous transport vehicles that will revolutionize intralogistics with Artificial Intelligence (AI).
 

The growing supply chains are still feeling the aftereffects of the pandemic, and the demand for warehouse labor far exceeds the available talent. Companies are turning to automation now more than ever to mitigate future disruptions. As logistics labor issues such as high turnover, burnout, and injury continue to rise, many organizations are developing a robust infrastructure of autonomous robots to handle warehouse operations and address these challenges in the logistics department.
 

For instance, in March 2024, Agility Robotics unveiled the next generation of Digit, the first human-centric & multi-purpose robot made for logistics work. Digit is designed to do useful work safely in spaces designed for people including bulk material handling within warehouses & distribution centers.
 

Logistics Robots Market Analysis

Based on components, the market is segmented into hardware, software, and services. The services segment is the fastest growing segment, with a CAGR of over 18% between 2024 and 2032.
 

• The growing services segment in the logistics robot market highlights a shift toward more integrated, intelligent, and customer-centric solutions. As businesses seek to optimize their logistics operations, services that leverage AI, IoT, customization, and remote capabilities are becoming increasingly essential. The services segment is increasingly offering customization & tailored solutions to meet specific customer needs and operational challenges. This includes designing and implementing robotic systems that integrate seamlessly with the existing workflows & infrastructure.
   
• Services focus on ensuring the safety of robotic operations and the associated systems, making sure they comply with regulatory standards. This includes conducting safety assessments, implementing safety protocols, and training personnel on safe interaction with robotic systems. Reducing the risks of accidents, ensuring compliance with regulatory requirements, and fostering an improved workplace safety culture are the key aspects supporting the sustainable & responsible deployment of robotic technologies.
   

Based on vertical, the logistics robot market is segmented into e-commerce, healthcare, retail, food & beverages, automotive, and others. The e-commerce segment dominated the market and is expected to reach over USD 10 billion by 2032.
 

• The e-commerce segment within the logistics robot industry is experiencing rapid growth driven by technological advancements, consumer expectations for fast & reliable delivery, and the need for operational efficiency. With the global expansion of e-commerce, it is becoming increasingly crucial for e-commerce businesses to stay competitive, meet customer demands, and effectively optimize their logistics operations. This entails leveraging trends such as micro-fulfillment centers, AI integration, and robotics-as-a-service.
   
• AMRs are increasingly utilized in e-commerce warehouses for tasks such as goods-to-person picking, inventory management, and order fulfillment. It improves warehouse efficiency, reduces labor costs, and enables flexible scaling of operations to effectively handle peak demand periods.
   

The Asia Pacific logistics robots market is estimated to reach USD 5 billion by 2032. In the Asia Pacific region, several emerging trends are shaping the landscape of logistics and automation, particularly driven by advancements in technology, evolving consumer behaviors, and supportive government initiatives.
 

For instance, in January 2022, FedEx Express, a subsidiary of FedEx Corp. and one of the world’s largest express transportation companies, announced the launch of DoraSorter, an AI-powered intelligent sorting robot, in collaboration with Dorabot. The first of its kind in China for FedEx, the DoraSorter robot is being deployed at the 5,200m2 FedEx South China E-Commerce Shipment Sorting Center in Guangzhou. DoraSorter is already a part of the daily sorting operations and is capable of handling small inbound & outbound packages from e-commerce customers in South China.
 

South Korean companies prioritize the development of robotic systems that adhere to stringent safety standards & regulations. Advanced safety features, including collision detection sensors, emergency stop mechanisms, and human-robot collaborations (cobots), ensure safe interaction between robots & human workers in shared workspaces.
 

North America is a hub of innovations in robotics & AI, with significant investments in developing advanced robotic systems. Technologies, such as AI-powered machine learning algorithms and autonomous navigation systems, enable logistics robots to operate autonomously, optimize routes, and adapt to changing warehouse environments, thereby enhancing efficiency & operational agility. According to the International Federation of Robotics, North America is the second largest market for new robot installations with 41,000 robots installed across the U.S. in 2022.
 

Logistics Robots Market Share

ABB Ltd. & Honeywell International Inc. together held over 15% share of the logistics robot industry in 2023. ABB Ltd., a global leader in industrial automation & robotics, plays a vital role in the logistics robot industry with its development & deployment solutions of robots for extensive industry material handling. Specializing in developing cutting-edge robotic systems tailored for logistics & warehouse automation, ABB offers a range of products and services designed to optimize operational efficiency, enhance productivity, and meet the evolving needs of modern supply chains.
 

Honeywell has established itself as a prominent player in the logistics robot market through strategic investments in robotics & automation technologies. The company's commitment to innovations is reflected in its development of advanced robotic systems designed to optimize warehouse management, streamline distribution processes, and improve the overall operational efficiency to reduce the errors.
 

Logistics Robots Market Companies

Major players operating in the logistics robot industry are:

• ABB Ltd.
• Honeywell International Inc.
• KUKA AG
• Fanuc Corporation
• Omron Corporation
• Yaskawa Electric Corporation
• Kion Group AG
   

Logistics Robots Industry News

• In August 2023, ABB Ltd. opened a new facility in Alpharetta, Georgia, to serve as the company’s dedicated center for robotic automation in the logistics & packaging industries.
   
• In October 2021, Geek+ announced the launch of RoboShuttle RS8-DA, an 8-meter-high flexible arm robot. The new robot enabled customers to maximize the use of their warehouses.
   

The logistics robot market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) from 2024 to 2032, for the following segments:

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Market, By Component

• Hardware
• Software
• Services

Market, By Type

• Automated guided vehicles
• Autonomous mobile robots
• Robot arms
• Others

Market, By Application

• Palletizing & de-palletizing
• Pick & place
• Transportation
• Others

Market, By Vertical

• E-commerce
• Healthcare
• Retail
• Food & beverages
• Automotive
• Others

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • ANZ
  • Rest of Asia Pacific 
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• MEA
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of MEA