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)
* 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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Statista. (February 1, 2021). Global market value of conventional and advanced robotics in logistics between 2018 and 2021 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 24, 2024, from https://www.statista.com/statistics/1200010/global-market-value-robotics-logistics/
Statista. "Global market value of conventional and advanced robotics in logistics between 2018 and 2021 (in billion U.S. dollars)." Chart. February 1, 2021. Statista. Accessed November 24, 2024. https://www.statista.com/statistics/1200010/global-market-value-robotics-logistics/
Statista. (2021). Global market value of conventional and advanced robotics in logistics between 2018 and 2021 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 24, 2024. https://www.statista.com/statistics/1200010/global-market-value-robotics-logistics/
Statista. "Global Market Value of Conventional and Advanced Robotics in Logistics between 2018 and 2021 (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Feb 2021, https://www.statista.com/statistics/1200010/global-market-value-robotics-logistics/
Statista, Global market value of conventional and advanced robotics in logistics between 2018 and 2021 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1200010/global-market-value-robotics-logistics/ (last visited November 24, 2024)
Global market value of conventional and advanced robotics in logistics between 2018 and 2021 (in billion U.S. dollars) [Graph], Statista, February 1, 2021. [Online]. Available: https://www.statista.com/statistics/1200010/global-market-value-robotics-logistics/
