Market value of robotics in logistics worldwide 2018-2021

Published by
Bergur Thormundsson,
Sep 7, 2023
The global market value of both conventional and advanced robotics in logistics is forecast to grow between 2018 and 2021, reaching a total value of three billion U.S. dollars in 2021. The global market value of robotics in manufacturing, on the other hand, is expected to surpass 20 billion U.S. dollars in 2021.

Global market value of conventional and advanced robotics in logistics between 2018 and 2021 (in billion U.S. dollars)

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Release date

2021

Region

Worldwide

Survey time period

2018

Supplementary notes

* Forecast.
** Figures for conventional robots were calculated by Statista by deducting advanced robotics from the total market.
Conventional robots are programmed to carry out specific actions, thus following a rather rigid set of instructions and not acting autonomously. Advanced robots, in contrast, are aware of their environment and react to it, making autonomous decisions about what actions to perform.
In logistics, conventional robots usually take on forms of automated vehicles relying on support from dedicated infrastructure such as magnetic strips. Advanced robots, on the other hand, can move without such infrastructure, relying instead on their sensors to perceive the environment.

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