Industrial Logistics Robots market will expand at a healthy CAGR during the forecast period and will be worth US$30 billion by 2020.
Industrial Logistics Robots: Market Shares, Strategies, and Forecasts, Worldwide, 2014 to 2020
Albany, New York, April 22, 2015 : The latest report added to the extensive research report database of Market Research Reports Search Engine (MRRSE) on the industrial logistics robots market states that the market will expand at a healthy CAGR during the forecast period and will be worth US$30 billion by 2020. This report is titled " Industrial Logistics Robots: Market Shares, Strategies, and Forecasts, Worldwide, 2014 to 2020".
The established companies in the global industrial logistics robots market are Fanuc, Krones, Schaffer, IMA Industries, Denso, ABB, Panasonic, Toshiba, Stabuli, Kawasaki, Pro Mach, Fuji, Clevertech, and MSK Covertech-Group. The primary challenge faced by players in the global industrial logistics robots market is that of training their staff to handle these heavy-duty robots.
Nevertheless, the global industrial logistics robotics market is getting increasingly diversified and is poised to grow significantly in every vertical. This can be attributed to the fact that production of goods and services need automated processes. Hence, industrial logistics robots are being increasingly deployed to adapt conveyor belts and end of line tasks along with the loading of a flexible systems approach. At present, automated processes rely on the introduction of advanced logistics capability, and with robots taking over the operation, they allow remote control over a device, and by consequence a process. This aids in directing machines the way the user wants.
Companies are increasingly deploying industrial logistics robots to enhance their automated processes and achieve a competitive edge. Furthermore, these robots facilitate flexible systems and end-to-end process improvement, which has added to the demand from the global industrial logistics robots market. However, the fact that every logistics robotic system needs customization prior to deployment will restrain the global industrial logistics robots market.
Several types of industrial logistics robotics systems have been covered in this WinterGreen Research study. These include manufacturing robots, logistics palletizing robots, material handling logistics robots, electrical logistics robots, depalletizing robots, semiconductor and electronics logistics robots, food and beverage logistics robots, and industrial life science and pharmaceutical logistics robots. Technologies such as grippers, optics, microprocessor, cameras, new materials, sensors, nanotechnology, and thin film batteries are being used in these robots in innovative ways to enhance various aspects.
Currently, the global industrial logistics robots market is worth US$16 billion. Industrial logistics robots are expected to help bring about consistent delivery of quality materials and efficiency to manage food production. Industrial logistics robots are expected by industry experts to bring about a new industrial revolution like never seen before.
Such detailed information presented in the report makes it an irreplaceable addition to any market stakeholders arsenal.
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