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Global Logistics and Warehouse Robot Market: Focus on Robot Type and End -User- Analysis and Forecast 2017-2021LONDON, May 16, 2018 /PRNewswire/ -- The Global Logistics and Warehouse Robot Market is Anticipated to Reach $14.43 Billion by 2021, Reports BIS Research Executive Summary Robots are the machines which automate the tasks that are usually carried out by humans.Initially, there were very few robots that were introduced into the manufacturing sector for performing some of the repetitive manufacturing operations. Gradually, other industries realized its potential across various applications that help the humans to save time and energy.However, the emergence of artificial intelligence into robots has revolutionized the robotics industry. Robots are now able to work along with human beings and have decision-making capabilities.In addition, the massive benefits of robots have paved the way for their entrance into various industries including banking, healthcare, retail, and restaurants, among others. According to International Federation of Robotics (IFR), the global sales of industrial robots increased by 16% to 294,312 units, in 2016 as compared to the previous year. Similarly, logistics and warehouse are one of the fastest-growing industries that have seen the impact of robots on various applications. The electrical and electronics, as well as automotive industry, are the main driving forces behind the growth of the logistics and warehouse robot market. Logistics and warehouse sector involves the movement of goods from one place to another due to which it supports the technological advancements taking place in the material movement operations.Thus, it has been witnessing a high degree of automation to reduce delivery times and streamline operations in the warehouse. This has resulted in a number of developments in the warehouse and logistics robots by various leading manufacturers. The sector is poised to witness high growth in the near future as the technology becomes affordable due to decreasing robot cost and thus, will be able to cater to a broad category of customers. The logistics and warehouse robots are the widely used; however, slowly it is witnessing high adoption in developing as well as developed countries that were initially reluctant due to belief in conservationism. By analysis, the global logistics and warehouse robot market generated $2,234.3 million in the year 2016. The growing e-commerce industry creates a need for higher productivity which in turn drives the global logistics and warehouse robot market. Moreover, it is expected to grow significantly at a CAGR of 45.2% during the period 2016-2021. The global logistics and warehouse robot market majorly focuses on the types that include mobile robots, cartesian robots, collaborative robots, SCARA robots, articulated robots and parallel robots. The mobile robots acquired the highest market share, in 2016 and are estimated to continue its dominance till 2021. The reason for such substantial market share is attributed to its mobility and flexibility which is mostly required for logistics and warehouse applications. However, the market of the collaborative robots is estimated to grow with the highest CAGR, during the period 2016-2021 due to its capabilities of working along with humans and complementing each other within a workspace. The logistics and warehouse robots have been deployed by various end-users into multiple industries including automotive, e-commerce, pharmaceuticals, food and beverages, electrical and electronics, and others.The e-commerce end-user acquired the most significant share of the global logistics and warehouse robot market, in 2016. However, the automotive industry is estimated to grow with the highest CAGR during the period 2016-2021. Asia-Pacific is expected to dominate the global logistics and warehouse robot market; however, North America is expected to grow with the highest CAGR, during 2016-2021. ABB Robotics, Fanuc Corporation, Kuka AG, Yaskawa Electric Corporation, Omron Adept Technologies, Inc., Amazon Robotics, Daifuku Co., Ltd, Rethink Robotics, IAM Robotics, Clearpath Robotics Inc., Fetch Robotics, Inc., KION Group AG, Aethon Inc., GreyOrange and Seegrid Corporation,are the major players of the global logistics and warehouse robot market. China is the most prominent nation in the Asia-Pacific region which acquired the most significant share of the global logistics and warehouse robot market.The increased demand for the logistics and warehouse robots in China is due to its high demand across e-commerce industries. Japan and Republic of Korea are some of the other prominent countries in Asia-Pacific for the growth of the logistics and warehouse robot market.Europe is another leading region for the development as well as the deployment of the logistics and warehouse robots. Some of the prominent countries in the European region include the U.K., Germany, France, Italy, Spain, and countries in Central/Eastern Europe as well as in rest of Europe. In addition, North America is expected to grow at the highest CAGR with the U.S. having the highest demand during the period, 2016-2021. Some of the other nations for the development of the logistics and warehouse robots in North America region includes Canada and Mexico. Furthermore, Rest of the World is also expected to display the increasing growth rate in the global logistics and warehouse robot market. This region could provide a lot more opportunities to the new entrants in the market and have significant growth rate during the forecast period, 2017-2021. The rest of the world includes Middle-East, Africa, and Latin America. 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