Logistics robots to hit $22.4bn by 2021

LinkedIn +

The market value of logistics robots is set to hit $22.4 billion by the end of 2021, according to new research by Research and Markets.

The research, from “Warehousing and Logistics Robots: Global Marker Analysis and Forecasts”, also found that worldwide sales of warehousing and logistics robots hit $1.9 billion in 2016.

And market intelligence company Tractica forecasts worldwide warehousing and logistics robot unit shipments are to rise from 40,000 in 2016, to 620,000 annual units by 2021.

Share this story: