The Global Logistics mobile robots market was valued at $ 2,420.7 million USD in 2017 and its projected to reach $11,269.1 million USD by 2025,Registering a CAGR of 21.2% from year 2018 to 2025.
Growing e-commerce industry is one the key factors driving the market. Due to rising internet penetration and increasing use of smartphones, there is a trend toward online shopping among the customers; resulting growth in e-commerce industry across the globe. For instance, in 2018, it has been recorded that the global e-commerce sales increased by around 22% from the previous year. Attributed to growing e-commerce sales, particularly in China and India, there is an increase in demand for improving efficiency in e-commerce fulfillment centers and warehouses.For instance, e-commerce warehouses require various types of robots for reducing their labor cost and improving productivity. Additionally, e-commerce fulfilment centers and warehouses require robots for picking, moving, sorting, and other applications. Hence, to meet the growing demand for e-commerce industry, as well as for delivery of faster shipments to brick-and-mortar stores and other traditional supply chain uses, the warehouses and fulfilment centers are increasingly investing in these robots. Hence, growing e-commerce industry is driving the autonomous mobile robots market across the globe.
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