The logistics robots market is expected to expand at a strong compound annual growth rate of 16.5 percent between 2023 and 2033. This is according to a new report by Future Market Insights.
The market is anticipated to cross a market share of $38.13 billion by 2033, while it is likely to be valued at $8.28 billion in 2023.
The proliferated e-commerce sector, along with the integration of advanced technology like artificial intelligence and machine learning, is fueling market growth. Furthermore, small-sized businesses and advanced delivery options are also propelling the sales of logistics robots. [Read more…] about Logistics robots market set to grow to almost $40 billion by 2033