Pick and place functionality segment held major share in mobile logistics robot market in 2018
Pick and place functionality segment held major share in mobile logistics robot market in 2018. The segment will maintain its leadership status by 2026. This is attributed to increased productivity through time saving and flexibility. However, packaging segment is expected to register the highest CAGR, owing to cost-effectiveness, quickness, class, cost-efficiency, and innovation in packaging, especially in pharmaceutical and food & beverage verticals by robots.