Robotic technology will transform the forklift industry, causing a colossal transfer of value from human-provided driving services, towards spending on autonomous industrial material handling machines, thus fuelling an industry revenue boom far exceeding recent growth trends.

Last mile delivery remains an expensive affair in the parcel delivery business, often representing more than half of the total cost. Its importance is also growing thanks to a change in the composition of total deliveries with B2C deliveries rapidly taking on a bigger share.

Robots are becoming uncaged, mobile, collaborative and increasingly intelligent and dexterous, moving beyond their traditional strongholds to bring automation to previously inaccessible tasks.