Mobile Logistics Robot Market

1. Mobile Logistics Robot Plays a Starring Role Across All Industries - Explore Mobile logistics robots are automated machines that enhance the efficiency of logistics operations. As the digital commerce and on-demand economy are growing rapidly worldwide, the emergence of autonomous mobile robots are helping enterprises tackle major labor challenges caused by this rapid expansion & demand. These robots consist of multiple sensors, manipulators, power supply, control systems, and software which is why, they are referred as smart devices that can perform a task with increased efficiency. Starting from manufacturing & retail to customer service, applications of mobile logistics robots have expanded to almost all industries. Amazon’s Kiva robots are very popular for playing a huge role in the company’s e-commerce order fulfillment process from warehouse to the required drop-off location. Due to Kiva robots, Amazon can fill huge number of orders faster than ever before, with a remarkable degree of accuracy. Other companies such as Walmart, Shopify, and Best Buy are equally gaining greater efficiency and visibility into their operations mobile logistics robotics. Thus, mobile logistics robotics offer a much higher level of flexibility for manufacturers. In addition, applications where mobile robots promise additional flexibility to end-users include medical & surgical uses, life sciences applications, warehouse & distribution applications, personal assistance, security, as well as ocean & space investigation. Mobile logistics robots can play a major role in assisting doctors in surgical procedures. Recently, in Houston, the Texas Medical Research Innovation Institute has tested a two armed YuMi collaborative robot that can carry out tasks like pipetting liquids, carrying equipment, and sorting test tubes. California based inVia Robotics, at the same time, developed an array of autonomous mobile robots that can be operated together for various warehouse tasks, including cycle counting, inventory replenishment, item verification and so on. Moreover, farmers have started turning to mobile logistics robots to maintain, measure, and harvest fresh crops. Also, mobile logistics robots can be used in certain areas that is dangerous to humans, such as nuclear environments with high levels of radiation. In fact, few firms are using robotics in underwater applications, while others are developing robotics for military applications.

2. According to a report published by Allied Market Research, the global mobile logistics robot market size is projected to reach $11.2 billion with a considerable CAGR from 2018 to 2025. Certain factors such as surge in necessity for safety among workers in the workplace and increase in demand from online retailer are driving the growth of the market across all sectors. The ability of one mobile robot to perform a wide range of tasks at different locations boost the demand for mobile robots to a great extent. With this drift on board, all the companies are focusing on automating their manufacturing processes in order to lessen cost, save time, and deliver better quality products to customers, which is sequentially augmenting the growth of the global mobile logistics robot market. Here, based on the number of applications that currently exist for mobile robots, it is worth mentioning that the global mobile logistics robot market is going to gather exponential growth in the upcoming era. Author’s Bio - Suchita Gupta is an explorer, musician and content writer. While pursuing MBA, she found that nothing satisfies her more than writing on miscellaneous domains. She is a writer by day, and a reader by night. Besides, she can be found entertaining her audience on social media platforms. Find her on LinkedIn & Instagram.