3D Measurement Sensors in Logistics Market is expected to reach US$ 242.13 million by 2030

Increasing Deployment of 3D Measurement Sensors in Autonomous Mobile Robots to Provide Opportunities for 3D Measurement Sensors in Logistics Market Growth During 2023–2030

According to our latest market study on "3D Measurement Sensors in Logistics Market Forecast to 2030 – COVID-19 Impact and Global Analysis – by Type and Technology," the market is expected to grow from US$ 127.50 million in 2022 to US$ 242.13 million by 2030; it is estimated to record a CAGR of 8.3% during the forecast period.

Mobile robots are integrated with 3D sensors, lighting units, and depth processing units to calculate depth. The technology makes it easy to evaluate distance in a full scene. The rising need for real-time depth and visual information has surged the adoption of 3D measurement sensors in logistics market. Further, 3D sensing cameras can offer depth-sensing intelligence to automated guided vehicles and autonomous mobile robots in warehouse operations, which may fuel the 3D measurement sensors in logistics market size. The 3D sensing camera helps perceive the surroundings and capture depth imaging data, which further helps accelerate business-critical functions with more accuracy, convenience, and speed. The camera provides various functions such as localization, mapping, navigation, obstacle avoidance, object detection, and odometry. Thus, due to all the above factors, the 3D measurement sensors in logistics market is growing. Various market players are offering 3D measurement sensors in logistics market due to their rising deployment in robotics, particularly for palletization and depalletization, as they help in dimension measurement. LMI Technologies INC. offers Gocator 2490 sensors, particularly for packing and logistics operations. The Gocator 2490 sensor can be mounted on the robotic arm to scan the loaded pallet. It also provides precise positional coordinates to lift the box and place it on the outbound conveyor accurately. Thus, the rising need for 3D measurement sensors in autonomous mobile robots for accurate logistic operation is expected to fuel the growth of the 3D measurement sensors in logistics market during the forecast period.

3D Measurement Sensors in Logistics Market — by Geography, 2022

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Micro-Epsilon Messtechnik GmbH & Co KG, Infineon Technologies AG, Sony Semiconductor Solutions Corp, Cognex Corp, ifm Electronic GmbH, Intel Corp, LMI Technologies Inc, Keyence Corp, OMRON Corp, and Sick AG are among the key 3D measurement sensors in logistics market players profiled during the report which provide traffic management software and traffic management solutions. Several other major 3D measurement sensors in logistics market players were studied and analyzed during this market research study to get a holistic view of the market and its ecosystem. The 3D measurement sensors in logistics market report provides detailed market insights, which helps the key players strategize their growth.

3D measurement sensors in logistics market size in the US is expected to grow during the forecast period. The US is the second-largest e-commerce market in the world. According to the Census Bureau of the Department of Commerce, the US retail e-commerce sales for the first quarter of 2023 were US$ 272.6 billion, an increase of 3% compared to the fourth quarter of 2022. Due to the growing e-commerce industry in the country, the demand for warehouse and storage facilities is also increasing. According to Waredock Estonia LLC, the North America warehouse and storage industry grew annually at the rate of 11.5% in 2021. Also, many local players rely on outsourcing the warehouse and distribution service from logistics players such as DHL, UPS, FedEx, and XPO Logistics. This rapidly rising demand for warehouse and storage facilities due to the growing e-commerce is pushing warehousing companies to automate their facilities, raising the demand for warehouse automation solutions such as robots, cobots, and 3D cameras, further fueling the 3D measurement sensors in logistics market growth. In September 2021, Bergen Logistics, a global third-party logistics (3PL) company, announced that it had automated one of its New Jersey warehouses to increase productivity, ensure same-day delivery, and remain competitive in a tight labor market. For this, the company selected CAJA Robotics to provide software, robots, and workstations to optimize order fulfillment processes and warehouse operations. Thus, the growing automation of warehouses in the country is anticipated to fuel the growth of the 3D measurement sensors in logistics market.

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