Logistics Robots Market Logistics Robots Market | Page 2

market could span outdoor, warehouse, factory, and others. The market based on product type comprise unmanned aerial vehicles (UAVs), robotic arms, and unmanned ground vehicles (UGVs). The key applications that could be explored in the market include loading & unloading, pick & place, shipment & delivery, packaging & co-packing, and others. The market could be explored based on the end user as e- commerce, automotive, pharmaceuticals, electrical and electronics, food and beverages, and others. The “e- commerce” segment led the logistics robots market in 2015 and will continue to lead in the forecast period. The key factor that may be attributed to the growth of the market includes high growth rate. Asia-Pacific accounted for the major share of the logistics robots industry in 2017 and will continue to lead in the forecast period. The factors that could be attributed to the growth include the demand for labor, development of the e-commerce industry in the region and growing demand for logistics services and robots. Asia-Pacific is followed by the North American region. Some of the key players that fuel the growth of the logistics robots market comprise Fanuc India Private Limited, ABB Robotics, Kuka AG, Kawasaki Heavy Industries, Ltd., Yaskawa America, Inc., Columbia Okura LLC, I.M.A. Industria Machine Automatiche S.p.A., Krones AG, Gebo Cermex, Asia Robotics AG, and Toshiba Corporation. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry. Browse Related Category Market Reports @ https://www.millioninsights.com/industry/robotics