The market for logistics robots is set to grow by more than 30 per cent by the end of this decade, according to a report by Big Market Research.

The analysts listed the prominent global logistics robots market players, business environment and industry scenario.

The most noteworthy factors assessed during the study includes market overview and top vendor offerings in the sector for 2016-2020.

“As the robotic sector experiences more competition than ever and new enterprises keep popping up worldwide, the report captures some key drivers, restraints as well as opportunities shaping the industry’s future,” the authors of the report. 

Research analysts also recognize the recent innovation and groundbreaking uses of these logistics robots by assessing the ongoing changes in policies and new projects.

The vendor list looks interesting as it features big names like ABB, Kawasaki, Yaskawa Motoman Robotics and Adept Technologies among others.

How new airport logistics is taking robotic technology under its protection is an example of increased application.

With many robotics companies exploring new regions, researchers of the report are confident that the sector will register annual growth of 32 percent by 2020.

For those keen on understanding where industry is heading would be able to obtain facts associated with how bots are increasing workers’ safety, lowering risks as well as reducing losses often due to theft.

The report offers business intelligence for the worldwide market highlighting the role of robotic technology in industries such as domestic machines, agriculture, defense, medicals and more.

Business owners would also be able to enjoy a comprehensive insight into industry size and share, five forces analysis as well as current and future trends. In a recent incident, Amazon is believed to have donated hundreds of bots to a school.

Furthermore, enterprises would have an access to logistics robots’ industry by solution, by product and by geography. Tracking the progress of advanced technologies, sales figures and competitive landscape forms an important part of the study.

The research reveals some hard to find data on both software and hardware industry for the forecast period. Primed by wild speculations from different media, the study runs business owners through decades that anticipated the era of robotic technologies.

In addition, the report highlights factory logistics and outdoor logistics.

In this research, market watchers assess the present state of logistics robots and automation technology in logistics sector.

Big Market Research says the report would enable stakeholders to extend their understanding about collaborative bits with specific details in various areas. The research not only helps companies identify when the time is right to begin investing but also which trends are leading the market.

Study also serve the purpose of product developers who want to access potential application cases in the years to come. It’s true that robotic technology is about to transform the logistics industry in the near future.

The report aims at preparing companies for a new age of innovative bots in logistics. The study aims at igniting the interest and excitement for the world of robots.