The logistics robots market in Asia-Pacific is expected to grow from US$ 2,341.9 in 2018 to US$ 9,761.7 Mn by the year 2027 at a CAGR of 17.6% during the forecast period.
Factors such as the demand for advanced robotic solutions and labor shortage issue, have created massive opportunity to implement these robots across the industries. These factors are likely to drive the logistics robot market. Also, The constant growth in the global e-commerce as well as on-demand economy, the requirement of advanced and new generation of autonomous mobile robots are aiding companies to handle major labor shortage issue is likely to drive the Asia-Pacific logistics robot market.
The region consists of many developing countries that are witnessing high growth in their logistics sector. Apart from China’s evolution into a high-skilled robot manufacturing hub, other developing countries such as South Korea, Japan, and India, are attracting several businesses that are in the quest to relocate their low to medium-skilled manufacturing facilities to the countries offering lower labor costs. However, these factors are likely to drive the logistics robots market. Also, rapidly growing economies have translated into rising per-capita incomes and consumer expenditures. As a result, Asia-Pacific witnessed high growth in the sales of logistics robots which is continuously boosting the logistics robots market.
Asia-Pacific logistics robots market is expected to grow at a good CAGR during the forecast period. The increasing e-commerce sector in the countries is propelling the growth of the warehouses. Due to the demand for equipment with higher efficiency and speed in these warehouses, the demand for logistics robots is expected to grow in APAC.
Rest of Asia-Pacific Logistics Robots Market Revenue and Forecasts to 2027 (US$ Mn)
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Asia-Pacific Logistics Robots Market–Segmentation
Asia-Pacific Logistics Robots Market By Function
- Pick & Place
- Palletizing and De-palletizing
- Transportation
- Packaging
Asia-Pacific Logistics Robots Market By Industry
- Healthcare
- E-Commerce
- Automotive
- Outsource Logistics
- Retail
- Consumer Goods
- Food and Beverages
- Others
Asia-Pacific Logistics Robots Market By Robot Type
- Robotic Arm
- AGV
- Collaborative Mobile Robots
- Others
Asia-Pacific Logistics Robots Market By Country
- Australia
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Asia-Pacific Logistics Robots Market-Companies Mentioned
- ABB Ltd
- AGV International
- Daifuku Co. Ltd.
- Fanuc Corporation
- GreyOrange
- KION GROUP AG
- KNAPP AG
- Kollmorgen
- Kuka AG
- Toshiba Corporation
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Function, Industry, Robot Type
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Australia, China, Japan, South Korea
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Asia-Pacific Logistics Robots Market – by Function
1.3.2 Asia-Pacific Logistics Robots Market – by Industry
1.3.3 Asia-Pacific Logistics Robots Market – by Robot Type
1.3.4 Asia-Pacific Logistics Robots Market – by Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia-Pacific Logistics Robots Market Landscape
4.1 Market Overview
4.2 PEST Analysis
Logistics Robots Market –Asia-Pacific PEST Analysis
4.3 Ecosystem Analysis
5. Asia-Pacific Logistics Robots Market– Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Rapid Technology Advancement
5.1.2 Growing Supply Chain Network
5.2 Key Market Restraints
5.2.1 Availability of Refurbished Robots
5.3 Key Market Opportunities
5.3.1 Boosting Concentration on Automating the Warehouse Operation
5.4 Future Trends
5.4.1 Development of Wearable Devices
5.5 Impact Analysis of Drivers and restraints
6. Logistics Robots Market – Asia-Pacific Market Analysis
6.1 Asia-Pacific Logistics Robots Market Overview
6.2 Asia-Pacific Logistics Robots Market Forecast and Analysis
7. Asia-Pacific Logistics Robots Market – By Robot Type
7.1 Overview
7.2 Asia-Pacific Logistics Robots Market Breakdown, by Robot Type, 2018 and 2027
7.3 Robotic Arm
7.3.1 Overview
7.3.2 Asia-Pacific Robotic Arm Market, Revenue and Forecast to 2027 (US$ Mn)
7.4 Automated Guided Vehicles
7.4.1 Overview
7.4.2 Asia-Pacific Automated Guided Vehicle Market, Revenue and Forecast to 2027 (US$ Mn)
7.5 Collaborative Mobile Robots
7.5.1 Overview
7.5.2 Asia-Pacific Collaborative Mobile Robots Market, Revenue and Forecast to 2027 (US$ Mn)
7.6 Others
7.6.1 Overview
7.6.2 Asia-Pacific Other Robots Market, Revenue and Forecast to 2027 (US$ Mn)
8. Asia-Pacific Logistics Robots Market – By Function
8.1 Overview
8.2 Asia-Pacific Logistics Robots Market Breakdown, by Function, 2018 and 2027
8.3 Pick and Place
8.3.1 Overview
8.3.2 Asia-Pacific Logistics Robots Market for Pick and Place, Revenue and Forecast to 2027 (US$ Mn)
8.4 Palletizing and De-Palletizing
8.4.1 Overview
8.4.2 Asia-Pacific Logistics Robots Market for Palletizing and De-Palletizing, Revenue and Forecast to 2027 (US$ Mn)
8.5 Transportation
8.5.1 Overview
8.5.2 Asia-Pacific Logistics Robots Market for Transportation, Revenue and Forecast to 2027 (US$ Mn)
8.6 Packaging
8.6.1 Overview
8.6.2 Asia-Pacific Logistics Robots Market for Packaging, Revenue and Forecast to 2027 (US$ Mn)
9. Asia-Pacific Logistics Robots Market – By Industry
9.1 Overview
9.2 Asia-Pacific Logistics Robots Market Breakdown, by Industry, 2018 and 2027
9.3 Healthcare
9.3.1 Overview
9.3.2 Asia-Pacific Logistics Robots Market for Healthcare, Revenue and Forecast to 2027 (US$ Mn)
9.4 E-commerce
9.4.1 Overview
9.4.2 Asia-Pacific Logistics Robots Market for E-commerce, Revenue and Forecast to 2027 (US$ Mn)
9.5 Automotive
9.5.1 Overview
9.5.2 Asia-Pacific Logistics Robots Market for Automotive, Revenue and Forecast to 2027 (US$ Mn)
9.6 Outsourced Logistics
9.6.1 Overview
9.6.2 Asia-Pacific Logistics Robots Market for Outsourced Logistics, Revenue and Forecast to 2027 (US$ Mn)
9.7 Retail
9.7.1 Overview
9.7.2 Asia-Pacific Logistics Robots Market for Retail, Revenue and Forecast to 2027 (US$ Mn)
9.8 Consumer Goods
9.8.1 Overview
9.8.2 Asia-Pacific Logistics Robots Market for Consumer Goods, Revenue and Forecast to 2027 (US$ Mn)
9.9 Food and Beverages
9.9.1 Overview
9.9.2 Asia-Pacific Logistics Robots Market for Food and Beverages, Revenue and Forecast to 2027 (US$ Mn)
9.10 Others
9.10.1 Overview
9.10.2 Asia-Pacific Logistics Robots Market for Other Industries, Revenue and Forecast to 2027 (US$ Mn)
10. Asia-Pacific Logistics Robots Market – Country Analysis
10.1 Asia-Pacific Logistics Robots Market Revenue and Forecast to 2027
10.1.1 Asia-Pacific Logistics Robots Market Breakdown, By Key Country
10.1.1.1 Australia Logistics Robots Market Revenue and Forecast to 2027 (US$ Mn)
10.1.1.1.1 Australia Logistics Robots Market Breakdown, By Function
10.1.1.1.2 Australia Logistics Robots Market Breakdown, By Industry
10.1.1.1.3 Australia Logistics Robots Market Breakdown, By Robot Type
10.1.1.2 China Logistics Robots Market Revenue and Forecast to 2027 (US$ Mn)
10.1.1.2.1 China Logistics Robots Market Breakdown, By Function
10.1.1.2.2 China Logistics Robots Market Breakdown, By Industry
10.1.1.2.3 China Logistics Robots Market Breakdown, By Robot Type
10.1.1.3 India Logistics Robots Market Revenue and Forecast to 2027 (US$ Mn)
10.1.1.3.1 India Logistics Robots Market Breakdown, By Function
10.1.1.3.2 India Logistics Robots Market Breakdown, By Industry
10.1.1.3.3 India Logistics Robots Market Breakdown, By Robot Type
10.1.1.4 Japan Logistics Robots Market Revenue and Forecast to 2027 (US$ Mn)
10.1.1.4.1 Japan Logistics Robots Market Breakdown, By Function
10.1.1.4.2 Japan Logistics Robots Market Breakdown, By Industry
10.1.1.4.3 Japan Logistics Robots Market Breakdown, By Robot Type
10.1.1.5 South Korea Logistics Robots Market Revenue and Forecast to 2027 (US$ Mn)
10.1.1.5.1 South Korea Logistics Robots Market Breakdown, By Function
10.1.1.5.2 South Korea Logistics Robots Market Breakdown, By Industry
10.1.1.5.3 South Korea Logistics Robots Market Breakdown, By Robot Type
10.1.1.6 Rest of Asia-Pacific Logistics Robots Market Revenue and Forecast to 2027 (US$ Mn)0
10.1.1.6.1 Rest of Asia-Pacific Logistics Robots Market Breakdown, By Function1
10.1.1.6.2 Rest of Asia-Pacific Logistics Robots Market Breakdown, By Industry2
10.1.1.6.3 Rest of Asia-Pacific Logistics Robots Market Breakdown, By Robot Type3
11. Logistics Robots Market-Industry Landscape4
11.1 Overview4
11.2 Market Initiative4
11.3 New Development6
12. Company Profiles7
12.1 AGV International7
12.1.1 Key Facts7
12.1.2 Business Description7
12.1.3 Products and Services8
12.1.4 Financial Overview8
12.1.5 SWOT Analysis9
12.1.6 Key Developments0
12.2 ABB Ltd.1
12.2.1 Key Facts1
12.2.2 Business Description1
12.2.3 Products and Services2
12.2.4 Financial Overview3
12.2.5 SWOT Analysis4
12.2.6 Key Developments6
12.3 Daifuku Co. Ltd.7
12.3.1 Key Facts7
12.3.2 Business Description7
12.3.3 Products and Services8
12.3.4 Financial Overview9
12.3.5 SWOT Analysis0
12.3.6 Key Developments2
12.4 Fanuc Corporation3
12.4.1 Key Facts3
12.4.2 Business Description3
12.4.3 Products and Services4
12.4.4 Financial Overview5
12.4.5 SWOT Analysis6
12.4.6 Key Developments8
12.5 GreyOrange9
12.5.1 Key Facts9
12.5.2 Business Description9
12.5.3 Products and Services9
12.5.4 Financial Overview0
12.5.5 SWOT Analysis0
12.5.6 Key Developments2
12.6 KION GROUP AG3
12.6.1 Key Facts3
12.6.2 Business Description3
12.6.3 Products and Services4
12.6.4 Financial Overview5
12.6.5 SWOT Analysis6
12.6.6 Key Developments7
12.7 KNAPP AG8
12.7.1 Key Facts8
12.7.2 Business Description8
12.7.3 Products and Services9
12.7.4 Financial Overview9
12.7.5 SWOT Analysis0
12.7.6 Key Developments1
12.8 Kollmorgen2
12.8.1 Key Facts2
12.8.2 Business Description2
12.8.3 Products and Services3
12.8.4 Financial Overview4
12.8.5 SWOT Analysis5
12.8.6 Key Developments6
12.9 Kuka AG7
12.9.1 Key Facts7
12.9.2 Business Description7
12.9.3 Products and Services8
12.9.4 Financial Overview9
12.9.5 SWOT Analysis0
12.9.6 Key Developments2
12.10 Toshiba Corporation3
12.10.1 Key Facts3
12.10.2 Business Description3
12.10.3 Products and Services4
12.10.4 Financial Overview5
12.10.5 SWOT Analysis6
12.10.6 Key Developments8
13. Appendix9
13.1 About The Insight Partners9
13.2 Glossary of Terms
9
LIST OF TABLES
Table 1. Asia-Pacific Logistics Robots Market Revenue and Forecasts to 2027 (US$ Mn)
Table 2. Asia-Pacific Logistics Robots Market Revenue and Forecast to 2027 – By Robot Type (US$ Mn)
Table 3. Asia-Pacific Logistics Robots Market Revenue and Forecast to 2027 – By Function (US$ Mn)
Table 4. Asia-Pacific Logistics Robots Market Revenue and Forecast to 2027 – By Industry (US$ Mn)
Table 5. Australia Logistics Robots Market Revenue and Forecast to 2027 – By Function (US$ Mn)
Table 6. Australia Logistics Robots Market Revenue and Forecast to 2027 – By Industry (US$ Mn)
Table 7. Australia Logistics Robots Market Revenue and Forecast to 2027 – By Robot Type (US$ Mn)
Table 8. China Logistics Robots Market Revenue and Forecast to 2027 – By Function (US$ Mn)
Table 9. China Logistics Robots Market Revenue and Forecast to 2027 – By Industry (US$ Mn)
Table 10. China Logistics Robots Market Revenue and Forecast to 2027 – By Robot Type (US$ Mn)
Table 11. India Logistics Robots Market Revenue and Forecast to 2027 – By Function (US$ Mn)
Table 12. India Logistics Robots Market Revenue and Forecast to 2027 – By Industry (US$ Mn)
Table 13. India Logistics Robots Market Revenue and Forecast to 2027 – By Robot Type (US$ Mn)
Table 14. Japan Logistics Robots Market Revenue and Forecast to 2027 – By Function (US$ Mn)
Table 15. Japan Logistics Robots Market Revenue and Forecast to 2027 – By Industry (US$ Mn)
Table 16. Japan Logistics Robots Market Revenue and Forecast to 2027 – By Robot Type (US$ Mn)
Table 17. South Korea Logistics Robots Market Revenue and Forecast to 2027 – By Function (US$ Mn)
Table 18. South Korea Logistics Robots Market Revenue and Forecast to 2027 – By Industry (US$ Mn)
Table 19. South Korea Logistics Robots Market Revenue and Forecast to 2027 – By Robot Type (US$ Mn)
Table 20. Rest of Asia-Pacific Logistics Robots Market Revenue and Forecast to 2027 – By Function (US$ Mn)1
Table 21. Rest of Asia-Pacific Logistics Robots Market Revenue and Forecast to 2027 – By Industry (US$ Mn)2
Table 22. Rest of APAC Logistics Robots Market Revenue and Forecast to 2027 – By Robot Type (US$ Mn)3
Table 23. Glossary of Term: Logistics Robots Market9
LIST OF FIGURES
Figure 1. Asia-Pacific Logistics Robots Market Segmentation
Figure 2. Asia-Pacific Logistics Robots Market Segmentation - Country
Figure 3. Asia-Pacific Logistics Robots Market Overview
Figure 4. Asia-Pacific Logistics Robots Market, By Robot Type
Figure 5. Asia-Pacific Logistics Robots Market: Competition Landscape
Figure 6. Asia-Pacific - PEST Analysis
Figure 7. Logistics Robots Market Ecosystem Analysis
Figure 8. Asia-Pacific Logistics Robots Market Impact Analysis of Driver and Restraints
Figure 9. Asia-Pacific Logistics Robots Market Forecast and Analysis, (US$ Mn)
Figure 10. Asia-Pacific Logistics Robots Market Breakdown, by Robot Type, 2018 and 2027 (%)
Figure 11. Asia-Pacific Robotic Arm Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 12. Asia-Pacific Automated Guided Vehicles Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 13. Asia-Pacific Collaborative Mobile Robots Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 14. Asia-Pacific Other Robots Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 15. Asia-Pacific Logistics Robots Market Breakdown, by Function, 2018 and 2027 (%)
Figure 16. Asia-Pacific Logistics Robots Market for Pick and Place, Revenue and Forecast to 2027 (US$ Mn)
Figure 17. Asia-Pacific Logistics Robots Market for Palletizing and De-Palletizing, Revenue and Forecast to 2027 (US$ Mn)
Figure 18. Asia-Pacific Logistics Robots Market for Transportation, Revenue and Forecast to 2027 (US$ Mn)
Figure 19. Asia-Pacific Logistics Robots Market for Packaging, Revenue and Forecast to 2027 (US$ Mn)
Figure 20. Asia-Pacific Logistics Robots Market Breakdown, by Industry, 2018 and 2027 (%)
Figure 21. Asia-Pacific Logistics Robots Market for Healthcare, Revenue and Forecast to 2027 (US$ Mn)
Figure 22. Asia-Pacific Logistics Robots Market for E-commerce, Revenue and Forecast to 2027 (US$ Mn)
Figure 23. Asia-Pacific Logistics Robots Market for Automotive, Revenue and Forecast to 2027 (US$ Mn)
Figure 24. Asia-Pacific Logistics Robots Market for Outsourced Logistics, Revenue and Forecast to 2027 (US$ Mn)
Figure 25. Asia-Pacific Logistics Robots Market for Retail, Revenue and Forecast to 2027 (US$ Mn)
Figure 26. Asia-Pacific Logistics Robots Market for Consumer Goods, Revenue and Forecast to 2027 (US$ Mn)
Figure 27. Asia-Pacific Logistics Robots Market for Food and Beverages, Revenue and Forecast to 2027 (US$ Mn)
Figure 28. Asia-Pacific Logistics Robots Market for Other Industries, Revenue and Forecast to 2027 (US$ Mn)
Figure 29. APAC Logistics Robots Market Breakdown, By Key Country, 2018 & 2027(%)
Figure 30. Australia Logistics Robots Market Revenue and Forecast to 2027 (US$ Mn)
Figure 31. China Logistics Robots Market Revenue and Forecast to 2027 (US$ Mn)
Figure 32. India Logistics Robots Market Revenue and Forecast to 2027 (US$ Mn)
Figure 33. Japan Logistics Robots Market Revenue and Forecast to 2027 (US$ Mn)
Figure 34. South Korea Logistics Robots Market Revenue and Forecast to 2027 (US$ Mn)
Figure 35. Rest of APAC Logistics Robots Market Revenue and Forecast to 2027 (US$ Mn)0
The List of Companies - Asia-Pacific Logistics Robots Market
- ABB Ltd
- AGV International
- Daifuku Co. Ltd.
- Fanuc Corporation
- GreyOrange
- KION GROUP AG
- KNAPP AG
- Kollmorgen
- Kuka AG
- Toshiba Corporation
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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