Logistics Robot Market Size Worth USD 61.13 Billion by 2034 | CAGR: 15.6%

The global logistics robots market size is expected to reach USD 61.13 billion by 2034, according to a new study by Polaris Market Research. The report “Logistics Robot Market Size, Share, Trends, Industry Analysis Report: By Product [Automated Storage and Retrieval Systems (AS/RS), Automated Guided Vehicles (AGVs), Autonomous Mobile Robots (AMRs), Articulated Robotic Arms, and Others], Component, Application, Industry Vertical, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Logistics robots are autonomous or semi-autonomous machines designed to streamline material handling, inventory management, and order fulfillment processes. These robots include automated guided vehicles (AGVs), autonomous mobile robots (AMRs), robotic arms, and drones, each playing a crucial role in enhancing efficiency, reducing labor costs, and minimizing errors in logistics operations.

The exponential growth of e-commerce across the globe is propelling the logistic robot market growth. E-commerce platforms such as Amazon and Alibaba are rapidly integrating autonomous mobile robots (AMRs) and robotic picking systems into their warehouses and distribution centers to meet the rising consumer demand for same-day or next-day deliveries. Therefore, as these e-commerce companies expand their operations across the globe, the demand for logistics robots is estimated to rise during the forecast period.

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The rising global labor shortage in the warehousing and logistics sector is driving the logistics robot market expansion. Many countries, including the US, Germany, and Japan, are facing a shrinking workforce due to aging populations and declining interest in manual labor jobs, driving manufacturing companies to adopt robotics solutions to tackle these challenges.  

Logistics Robot Market Report Highlights

• In terms of product, the autonomous mobile robots (AMRs) segment dominated the global logistics robot market share in 2024 due to their flexibility, scalability, and advanced navigation capabilities.
• Based on component, the hardware segment dominated the market share in 2024 due to the increasing deployment of robotic systems across warehouses, distribution centers, and fulfillment hubs.
• The software segment is expected to grow at a robust pace in the coming years, owing to the rising emphasis on intelligent automation, data analytics, and seamless system integration.
• In the global market, Asia Pacific accounted for a major logistics robot market revenue share in 2024 due to rapid industrialization, the expansion of e-commerce, and increasing investments in warehouse automation.
• The market in North America is projected to hold a dominant share of the market in the coming years, owing to the surge in warehouse automation projects, growing labor shortages, and the increasing adoption of AI-powered robotic systems.
• A few of the global key market players are BEUMER Group; Boston Dynamics; Dematic; Geek+; GreyOrange; Honeywell International Inc.; Kawasaki Heavy Industries, Ltd.; Kion Group Ag; KNAPP AG; Locus Robotics; Reflex Robotics; SSI Schaefer; and Swisslog Holding AG

Polaris Market Research has segmented the market report on the basis of product, component, application, industry vertical, and region:

By Product Outlook (Revenue, USD Billion, 2020–2034)

• Automated Storage and Retrieval Systems (AS/RS)
• Automated Guided Vehicles (AGVs)
• Autonomous Mobile Robots (AMRs)
• Articulated Robotic Arms
• Others

By Component Outlook (Revenue, USD Billion, 2020–2034)

• Hardware
• Software
• Services

By Application Outlook (Revenue, USD Billion, 2020–2034)

• Palletizing and De-palletizing
• Pick and Place
• Loading and Unloading
• Packaging and Co-packing
• Shipment and Delivery
• Others

By Industry Vertical Outlook (Revenue, USD Billion, 2020–2034)

• E-commerce
• Healthcare
• Retail
• Food & Beverages
• Automotive
• Others

By Regional Outlook (Revenue, USD Billion, 2020–2034)

• North America
  • US
  • Canada
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Netherlands
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Malaysia
  • South Korea
  • Indonesia
  • Australia
  • Vietnam
  • Rest of Asia Pacific
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Israel
  • South Africa
  • Rest of Middle East & Africa
• Latin America
  • Mexico
  • Brazil
  • Argentina
  • Rest of Latin America