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 . 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 Asia-Pacific Logistics Robots market is growing along with the Electronics and Semiconductor industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report.
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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.These factors are expected to offer broad growth opportunities in the Electronics and Semiconductor industry and this is expected to cause the demand for Asia-Pacific Logistics Robots in the market.
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Asia-Pacific Logistics Robots Market – MARKET SEGMENTATION
Asia-Pacific Logistics Robots Market By Function
- Pick & Place
- Palletizing and De-palletizing
Asia-Pacific Logistics Robots Market By Industry
- Outsource Logistics
- Consumer Goods
- Food and Beverages
Asia-Pacific Logistics Robots Market By Robot Type
- Robotic Arm
- Collaborative Mobile Robots
Asia-Pacific Logistics Robots Market By Country
- South Korea
- Rest of Asia-Pacific
Asia-Pacific Logistics Robots Market-Companies Mentioned
- ABB Ltd
- AGV International
- Daifuku Co. Ltd.
- Fanuc Corporation
- KION GROUP AG
- KNAPP AG
- Kuka AG
- Toshiba Corporation
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