Logistics Robots Market in Industrial Machinery Industry | Technavio
NEW YORK, Aug. 2, 2021 /PRNewswire/ —
Technavio’s latest report on the logistics robot market estimates an incremental growth of USD 6.42 billion during 2020-2024, progressing at a CAGR of over 31% during the forecast period. The growth can be mainly attributed to the better ROI offered by logistics robots.
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The COVID-19 impact report on the logistics robots market offers pre as well as post-COVID-19 market estimates. Technavio analysts have curated the reports extensively through both qualitative and quantitative research methodologies to derive the most industry-relevant and business-relevant outcomes.
Companies across the globe are focusing on creating resilient business models in the face of COVID-19. Vendors are continuing their ongoing operations while building resilient business models as the path to recovery from the pandemic is being carved out.
This post-pandemic business planning research will aid clients to:
- Recognizing the existing business model
- Identifying potential disruptions
- Assessing Impact on Critical IT infrastructure and Software System
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Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- as well as post-COVID-19 market estimates
- Quarterly impact analysis and updates on market estimates
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Emerging Opportunities with Key players
The company provides comprehensive range of logistics automation solutions for accurate order picking, singling individual packages out of large volumes moving at great speed, and efficiently handling the most complex pallet loads.
B2A Technology SAS
The company provides logistics robot solutions to easily carry materials and packages from one place to another.
Clearpath Robotics Inc.
The company offers intralogistics and materials handling of heavy-load materials.
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participants during COVID-19 lockdown:
Logistics Robots Market 2020-2024: Segmentation
Logistics robots market is segmented as below:
- Indoor and Outdoor Logistics
- Factory Logistics
- North America
- South America
The logistics robots market is driven by better ROI offered by logistics robots. In addition, the implementation of stringent health and safety regulations is expected to trigger the logistics robots market toward witnessing a CAGR of over 31% during the forecast period.
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- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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