PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1391785
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1391785
Asia-Pacific Logistics Robots Market, By Type ; By Function ; By End User ; By Region, Trend Analysis, Competitive Landscape & Forecast, 2019-2029
Asia-Pacific Logistics Robots Market Size More Than Triples to Touch USD 13.75 Billion by 2029.
Asia-Pacific logistics robots market is flourishing because of an increasing need for safety among workers in the workplace and the thriving e-commerce industry.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Asia-Pacific logistics robots market size at USD 4,540.4 million in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the Asia-Pacific logistics robots market size to grow at a significant CAGR of 17.15% reaching a value of USD 13,749.7 million by 2029. Major growth drivers for the Asia-Pacific logistics robots market include an increasing e-commerce sector in various nations and growing warehouse facilities. As these warehouses are increasingly seeking equipment that offers enhanced efficiency and speed, there is a corresponding surge in the expected demand for logistics robots, particularly within the Asia-Pacific (APAC) region. Notably, an increasing demand for advanced robotic solutions and the persistent labor shortage issue present significant opportunities for the widespread adoption of robots across various industries. These factors are expected to be key drivers of the logistics robot market. Another driving force is the continual expansion of the global e-commerce sector and the growing on-demand economy have spurred the need for advanced autonomous mobile robots, enabling companies to address the challenges posed by labor shortages, particularly in the Asia-Pacific region. The Asia-Pacific region encompasses a number of developing countries experiencing substantial growth in their logistics sectors. In addition to China's transformation into a hub for high-skilled robot manufacturing, other nations such as South Korea, Japan, and India have become attractive destinations for businesses seeking to relocate their low to medium-skilled manufacturing operations due to lower labor costs. These factors are expected to propel the logistics robot market. Also, the robust economic growth in the region has led to increase per-capita incomes and consumer spending, resulting in a notable uptick in the sales of logistics robots and contributing to the overall expansion of the logistics robot market in Asia-Pacific. However, high initial investment costs and complications involved in the technical applications are anticipated to restrain the overall market growth during the period in analysis.
Asia-Pacific Logistics Robots Market - Overview
The Asia-Pacific logistics robots market refers to the industry sector in the Asia-Pacific region that involves the development, production, deployment, and utilization of robotic systems and automation technologies designed to enhance and optimize various aspects of logistics and supply chain operations. These robots are employed for tasks such as material handling, warehouse management, order fulfillment, and transportation within the logistics and distribution processes. The market encompasses the sale and integration of robotic solutions aimed at improving operational efficiency, reducing labor costs, and meeting the growing demands of the logistics and e-commerce industries in the Asia-Pacific region.
Impact of COVID-19 on Asia-Pacific Logistics Robots Market
COVID-19 pandemic adversely affected the Asia-Pacific logistics robots market. As the crisis disrupted global supply chains and led to labor shortages and increased safety concerns, the demand for automation and logistics robots surged. Businesses in the region sought to enhance their operational resilience, reduce human contact, and maintain consistent supply chain operations. This drove greater adoption of logistics robots for tasks like contactless order fulfillment and material handling. The pandemic accelerated the digitization of the logistics sector, making it more reliant on robotic solutions. Consequently, the Asia-Pacific logistics robots market experienced accelerated growth and transformation in response to the pandemic's challenges.
Asia-Pacific Logistics Robots Market - By End User
On the basis of end user, the Asia-Pacific logistics robots market is divided into Healthcare, Warehouse, and Hospitality segments. The warehouse segments is expected to hold the highest share in the Asia-Pacific logistics robots market by end user during the forecast period. Warehouses are central hubs in the logistics and supply chain process, and the demand for automation in these facilities is consistently increasing. Logistics robots, especially in warehouse settings, offer significant advantages in terms of efficient material handling, order fulfillment, and inventory management. The ongoing growth of e-commerce, coupled with the need for quick and accurate order processing, has prompted greater adoption of logistics robots in warehouses to enhance operational efficiency. Furthermore, the Asia-Pacific region is witnessing a boom in logistics and e-commerce activities, which further fuels the demand for these robots in warehouse operations.
Competitive Landscape
Major players operating in the Asia-Pacific logistics robots market include: GreyOrange, Locus Robotics, Quicktron (FlashHold), GEEK+, XYZ Robotics, Hi-tech Robotic Systemz, Seegrid Corporation, Yujin Robot Co., Ltd, ForwardX Robotics, and SIASUN. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of Asia-Pacific Logistics Robots Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Asia-Pacific Logistics Robots Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. Asia-Pacific Logistics Robots Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Increase in need for safety among workers in the workplace
- 3.2.1.2. Growth and expansion of e-commerce industry
- 3.2.2. Restraints
- 3.2.2.1. High initial investment costs
- 3.2.2.2. Complications involved in the technical applications
- 3.2.3. Opportunities
- 3.2.3.1. Increasing emergence of industry 4.0 into logistics and warehousing
- 3.2.3.2. Rapid rise in demand from online retailers
- 3.2.4. Challenges
- 3.2.4.1. Lack of trained expertise or skilled professionals
- 3.2.1. Growth Drivers
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. Asia-Pacific Logistics Robots Market Overview
- 4.1. Market Size & Forecast by Value & Volume, 2019-2029
- 4.1.1. By Value (USD Million)
- 4.2. Market Share & Forecast
- 4.2.1. By Type
- 4.2.1.1. Autonomous Mobile Robots
- 4.2.1.2. Robot Arms
- 4.2.1.3. Automated Guided Vehicles
- 4.2.1.4. Others
- 4.2.2. By Function
- 4.2.2.1. Pick and Place
- 4.2.2.2. Palletizing and Depalletizing
- 4.2.2.3. Transportation
- 4.2.2.4. Packaging
- 4.2.3. By End User
- 4.2.3.1. Healthcare
- 4.2.3.2. Warehouse
- 4.2.3.3. Hospitality
- 4.2.3.4. Others
- 4.2.4. By Country
- 4.2.4.1. China
- 4.2.4.2. India
- 4.2.4.3. Japan
- 4.2.4.4. South Korea
- 4.2.4.5. Australia & New Zealand
- 4.2.4.6. Indonesia
- 4.2.4.7. Malaysia
- 4.2.4.8. Singapore
- 4.2.4.9. Vietnam
- 4.2.4.10. Rest of APAC
- 4.2.1. By Type
5. China Logistics Robots Market Overview
- 5.1. Market Size & Forecast by Value & Volume, 2019-2029
- 5.1.1. By Value (USD Million)
- 5.2. Market Share & Forecast
- 5.2.1. By Type
- 5.2.2. By Function
- 5.2.3. By End User
6. India Logistics Robots Market Overview
- 6.1. Market Size & Forecast by Value & Volume, 2019-2029
- 6.1.1. By Value (USD Million)
- 6.2. Market Share & Forecast
- 6.2.1. By Type
- 6.2.2. By Function
- 6.2.3. By End User
7. Japan Logistics Robots Market Overview
- 7.1. Market Size & Forecast by Value & Volume, 2019-2029
- 7.1.1. By Value (USD Million)
- 7.2. Market Share & Forecast
- 7.2.1. By Type
- 7.2.2. By Function
- 7.2.3. By End User
8. South Korea Logistics Robots Market Overview
- 8.1. Market Size & Forecast by Value & Volume, 2019-2029
- 8.1.1. By Value (USD Million)
- 8.2. Market Share & Forecast
- 8.2.1. By Type
- 8.2.2. By Function
- 8.2.3. By End User
9. Australia & New Zealand Logistics Robots Market Overview
- 9.1. Market Size & Forecast by Value & Volume, 2019-2029
- 9.1.1. By Value (USD Million)
- 9.2. Market Share & Forecast
- 9.2.1. By Type
- 9.2.2. By Function
- 9.2.3. By End User
10. Indonesia Logistics Robots Market Overview
- 10.1. Market Size & Forecast by Value & Volume, 2019-2029
- 10.1.1. By Value (USD Million)
- 10.2. Market Share & Forecast
- 10.2.1. By Type
- 10.2.2. By Function
- 10.2.3. By End User
11. Malaysia Logistics Robots Market Overview
- 11.1. Market Size & Forecast by Value & Volume, 2019-2029
- 11.1.1. By Value (USD Million)
- 11.2. Market Share & Forecast
- 11.2.1. By Type
- 11.2.2. By Function
- 11.2.3. By End User
12. Singapore Logistics Robots Market Overview
- 12.1. Market Size & Forecast by Value & Volume, 2019-2029
- 12.1.1. By Value (USD Million)
- 12.2. Market Share & Forecast
- 12.2.1. By Type
- 12.2.2. By Function
- 12.2.3. By End User
13. Vietnam Logistics Robots Market Overview
- 13.1. Market Size & Forecast by Value & Volume, 2019-2029
- 13.1.1. By Value (USD Million)
- 13.2. Market Share & Forecast
- 13.2.1. By Type
- 13.2.2. By Function
- 13.2.3. By End User
14. Rest of APAC Logistics Robots Market Overview
- 14.1. Market Size & Forecast by Value & Volume, 2019-2029
- 14.1.1. By Value (USD Million)
- 14.2. Market Share & Forecast
- 14.2.1. By Type
- 14.2.2. By Function
- 14.2.3. By End User
15. Competitive Landscape
- 15.1. List of Key Players and Their Offerings
- 15.2. Asia-Pacific Logistics Robots Company Market Share Analysis, 2022
- 15.3. Competitive Benchmarking, By Operating Parameters
- 15.4. Key Strategic Development (Mergers, Acquisitions, Partnerships, etc.)
16. Impact of Covid-19 on Asia-Pacific Logistics Robots Market
17. Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- 17.1. GreyOrange
- 17.2. Locus Robotics
- 17.3. Quicktron (FlashHold)
- 17.4. GEEK+
- 17.5. XYZ Robotics
- 17.6. Hi-tech Robotic Systemz
- 17.7. Seegrid Corporation
- 17.8. Yujin Robot Co., Ltd
- 17.9. ForwardX Robotics
- 17.10. SIASUN
- 17.11. Other Prominent Players
18. Key Strategic Recommendations
19. Research Methodology
- 19.1. Qualitative Research
- 19.1.1. Primary & Secondary Research
- 19.2. Quantitative Research
- 19.3. Market Breakdown & Data Triangulation
- 19.3.1. Secondary Research
- 19.3.2. Primary Research
- 19.4. Breakdown of Primary Research Respondents, By Region
- 19.5. Assumption & Limitation
*Financial information of non-listed companies will be provided as per availability
**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable
List of Figures
- Figure 1 Asia-Pacific Logistics Robots Market Segmentation
- Figure 2 Asia-Pacific Logistics Robots Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2022
- Figure 4 Asia-Pacific Logistics Robots Market Size, By Value (USD Million), 2019-2029
- Figure 5 Asia-Pacific Logistics Robots Market Share, By Type, By Value, 2019-2029
- Figure 6 Asia-Pacific Logistics Robots Market Share, By Function, By Value, 2019-2029
- Figure 7 Asia-Pacific Logistics Robots Market Share, By End User, By Value, 2019-2029
- Figure 8 Asia-Pacific Logistics Robots Market Share, By Country, By Value, 2019-2029
- Figure 9 China Logistics Robots Market Size, By Value (USD Million), 2019-2029
- Figure 10 China Logistics Robots Market Share, By Type, By Value, 2019-2029
- Figure 11 China Logistics Robots Market Share, By Function, By Value, 2019-2029
- Figure 12 China Logistics Robots Market Share, By End User, By Value, 2019-2029
- Figure 13 India Logistics Robots Market Size, By Value (USD Million), 2019-2029
- Figure 14 India Logistics Robots Market Share, By Type, By Value, 2019-2029
- Figure 15 India Logistics Robots Market Share, By Function, By Value, 2019-2029
- Figure 16 India Logistics Robots Market Share, By End User, By Value, 2019-2029
- Figure 17 Japan Logistics Robots Market Size, By Value (USD Million), 2019-2029
- Figure 18 Japan Logistics Robots Market Share, By Type, By Value, 2019-2029
- Figure 19 Japan Logistics Robots Market Share, By Function, By Value, 2019-2029
- Figure 20 Japan Logistics Robots Market Share, By End User, By Value, 2019-2029
- Figure 21 South Korea Logistics Robots Market Size, By Value (USD Million), 2019-2029
- Figure 22 South Korea Logistics Robots Market Share, By Type, By Value, 2019-2029
- Figure 23 South Korea Logistics Robots Market Share, By Function, By Value, 2019-2029
- Figure 24 South Korea Logistics Robots Market Share, By End User, By Value, 2019-2029
- Figure 25 Australia & New Zealand Logistics Robots Market Size, By Value (USD Million), 2019-2029
- Figure 26 Australia & New Zealand Logistics Robots Market Share, By Type, By Value, 2019-2029
- Figure 27 Australia & New Zealand Logistics Robots Market Share, By Function, By Value, 2019-2029
- Figure 28 Australia & New Zealand Logistics Robots Market Share, By End User, By Value, 2019-2029
- Figure 29 Indonesia Logistics Robots Market Size, By Value (USD Million), 2019-2029
- Figure 30 Indonesia Logistics Robots Market Share, By Type, By Value, 2019-2029
- Figure 31 Indonesia Logistics Robots Market Share, By Function, By Value, 2019-2029
- Figure 32 Indonesia Logistics Robots Market Share, By End User, By Value, 2019-2029
- Figure 33 Malaysia Logistics Robots Market Size, By Value (USD Million), 2019-2029
- Figure 34 Malaysia Logistics Robots Market Share, By Type, By Value, 2019-2029
- Figure 35 Malaysia Logistics Robots Market Share, By Function, By Value, 2019-2029
- Figure 36 Malaysia Logistics Robots Market Share, By End User, By Value, 2019-2029
- Figure 37 Singapore Logistics Robots Market Size, By Value (USD Million), 2019-2029
- Figure 38 Singapore Logistics Robots Market Share, By Type, By Value, 2019-2029
- Figure 39 Singapore Logistics Robots Market Share, By Function, By Value, 2019-2029
- Figure 40 Singapore Logistics Robots Market Share, By End User, By Value, 2019-2029
- Figure 41 Vietnam Logistics Robots Market Size, By Value (USD Million), 2019-2029
- Figure 42 Vietnam Logistics Robots Market Share, By Type, By Value, 2019-2029
- Figure 43 Vietnam Logistics Robots Market Share, By Function, By Value, 2019-2029
- Figure 44 Vietnam Logistics Robots Market Share, By End User, By Value, 2019-2029
- Figure 45 Rest of APAC Logistics Robots Market Size, By Value (USD Million), 2019-2029
- Figure 46 Rest of APAC Logistics Robots Market Share, By Type, By Value, 2019-2029
- Figure 47 Rest of APAC Logistics Robots Market Share, By Function, By Value, 2019-2029
- Figure 48 Rest of APAC Logistics Robots Market Share, By End User, By Value, 2019-2029
List of Tables
- Table 1 Asia-Pacific Logistics Robots Market Size, By Value (USD Million), 2019-2029
- Table 2 Asia-Pacific Logistics Robots Market Size, By Type, By Value, 2019-2029
- Table 3 Asia-Pacific Logistics Robots Market Size, By Function, By Value, 2019-2029
- Table 4 Asia-Pacific Logistics Robots Market Size, By End User, By Value, 2019-2029
- Table 5 Asia-Pacific Logistics Robots Market Size, By Country, By Value, 2019-2029
- Table 6 China Logistics Robots Market Size, By Value (USD Million), 2019-2029
- Table 7 China Logistics Robots Market Size, By Type, By Value, 2019-2029
- Table 8 China Logistics Robots Market Size, By Function, By Value, 2019-2029
- Table 9 China Logistics Robots Market Size, By End User, By Value, 2019-2029
- Table 10 India Logistics Robots Market Size, By Value (USD Million), 2019-2029
- Table 11 India Logistics Robots Market Size, By Type, By Value, 2019-2029
- Table 12 India Logistics Robots Market Size, By Function, By Value, 2019-2029
- Table 13 India Logistics Robots Market Size, By End User, By Value, 2019-2029
- Table 14 Japan Logistics Robots Market Size, By Value (USD Million), 2019-2029
- Table 15 Japan Logistics Robots Market Size, By Type, By Value, 2019-2029
- Table 16 Japan Logistics Robots Market Size, By Function, By Value, 2019-2029
- Table 17 Japan Logistics Robots Market Size, By End User, By Value, 2019-2029
- Table 18 South Korea Logistics Robots Market Size, By Value (USD Million), 2019-2029
- Table 19 South Korea Logistics Robots Market Size, By Type, By Value, 2019-2029
- Table 20 South Korea Logistics Robots Market Size, By Function, By Value, 2019-2029
- Table 21 South Korea Logistics Robots Market Size, By End User, By Value, 2019-2029
- Table 22 Australia & New Zealand Logistics Robots Market Size, By Value (USD Million), 2019-2029
- Table 23 Australia & New Zealand Logistics Robots Market Size, By Type, By Value, 2019-2029
- Table 24 Australia & New Zealand Logistics Robots Market Size, By Function, By Value, 2019-2029
- Table 25 Australia & New Zealand Logistics Robots Market Size, By End User, By Value, 2019-2029
- Table 26 Indonesia Logistics Robots Market Size, By Value (USD Million), 2019-2029
- Table 27 Indonesia Logistics Robots Market Size, By Type, By Value, 2019-2029
- Table 28 Indonesia Logistics Robots Market Size, By Function, By Value, 2019-2029
- Table 29 Indonesia Logistics Robots Market Size, By End User, By Value, 2019-2029
- Table 30 Malaysia Logistics Robots Market Size, By Value (USD Million), 2019-2029
- Table 31 Malaysia Logistics Robots Market Size, By Type, By Value, 2019-2029
- Table 32 Malaysia Logistics Robots Market Size, By Function, By Value, 2019-2029
- Table 33 Malaysia Logistics Robots Market Size, By End User, By Value, 2019-2029
- Table 34 Singapore Logistics Robots Market Size, By Value (USD Million), 2019-2029
- Table 35 Singapore Logistics Robots Market Size, By Type, By Value, 2019-2029
- Table 36 Singapore Logistics Robots Market Size, By Function, By Value, 2019-2029
- Table 37 Singapore Logistics Robots Market Size, By End User, By Value, 2019-2029
- Table 38 Vietnam Logistics Robots Market Size, By Value (USD Million), 2019-2029
- Table 39 Vietnam Logistics Robots Market Size, By Type, By Value, 2019-2029
- Table 40 Vietnam Logistics Robots Market Size, By Function, By Value, 2019-2029
- Table 41 Vietnam Logistics Robots Market Size, By End User, By Value, 2019-2029
- Table 42 Rest of APAC Logistics Robots Market Size, By Value (USD Million), 2019-2029
- Table 43 Rest of APAC Logistics Robots Market Size, By Type, By Value, 2019-2029
- Table 44 Rest of APAC Logistics Robots Market Size, By Function, By Value, 2019-2029
- Table 45 Rest of APAC Logistics Robots Market Size, By End User, By Value, 2019-2029
- Table 46 GreyOrange Company Overview
- Table 47 GreyOrange Financial Overview
- Table 48 Locus Robotics Company Overview
- Table 49 Locus Robotics Financial Overview
- Table 50 Quicktron (FlashHold) Company Overview
- Table 51 Quicktron (FlashHold) Financial Overview
- Table 52 GEEK+ Company Overview
- Table 53 GEEK+ Financial Overview
- Table 54 XYZ Robotics Company Overview
- Table 55 XYZ Robotics Financial Overview
- Table 56 Hi-tech Robotic Systemz Company Overview
- Table 57 Hi-tech Robotic Systemz Financial Overview
- Table 58 Seegrid Corporation Company Overview
- Table 59 Seegrid Corporation Financial Overview
- Table 60 Yujin Robot Co., Ltd Company Overview
- Table 61 Yujin Robot Co., Ltd Financial Overview
- Table 62 ForwardX Robotics Company Overview
- Table 63 ForwardX Robotics Financial Overview
- Table 64 SIASUN Company Overview
- Table 65 SIASUN Financial Overview
