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Logistics Robots Market 2020-2026 by Offering, Product Type, Operation Environment, Application, End-user, and Region: Trend Forecast and Growth Opportunity

  • Report ID: 3584
  • Date: Sep, 2021
  • Pages: 177
  • Category: ICT & Media

Modern logistics industry is embracing the wave of fast-growing robotics technology. Global logistics robots market is expected to reach $20.268 billion by 2026 in terms of annual revenue, representing a 2019-2026 CAGR of 25.5%.

Highlighted with 78 tables and 91 figures, this 177-page report “Global Logistics Robots Market 2020-2026 by Offering, Product Type, Operation Environment, Application, End-user, and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global logistics robots market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain.

This report covers historical data for 2016-2019 with 2019 as the base year, estimates for 2020, and forecast from 2021 till 2026. (Please Note: The report will be updated before delivery to make sure that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:

• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces

The trend and outlook of global market is forecast in optimistic, balanced, and conservative view. The balanced (most likely) projection is used to quantify global logistics robots market in every aspect of the classification from perspectives of Offering, Product Type, Operation Environment, Application, End-user, and Region.

Based on offering, the global market is segmented into the following sub-markets with annual revenue for 2016-2026 (historical and forecast) included in each section.

• Hardware
• Software
• Service & Support

Based on product type, the global market is segmented into the following sub-markets with annual revenue for 2016-2026 (historical and forecast) included in each section.

• Autonomous Mobile Robots (AMRs) (further segmented into Unmanned Ground Vehicles (UGVs) and Unmanned Aerial Vehicles (UAVs))
• Automated Guided Vehicles (AGVs)
• Robotic Arms (further segmented into Articulated Robots, Cartesian Robots, SCARA Robots, Collaborative Robots, Others)
• Other Products

Based on operation environment, the global market is segmented into the following sub-markets with annual revenue for 2016-2026 (historical and forecast) included in each section.

• Factory Logistics Robots
• Warehouse Logistics Robots
• Outdoor Logistics Robots
• Other Logistics Robots

Based on application, the global market is segmented into the following sub-markets with annual revenue for 2016-2026 (historical and forecast) included in each section.

• Palletizing and Depalletizing
• Pick and Place
• Loading and Unloading
• Packaging and Co-packing
• Shipment and Delivery
• Transportation and Storage
• Other Applications

Based on end-user, the global market is segmented into the following sub-markets with annual revenue for 2016-2026 (historical and forecast) included in each section.

• Healthcare
• Retail
• Agriculture
• Manufacturing
• Other End-users

Geographically, the following regions together with the listed national/local markets are fully investigated:

• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Rest of Europe; Rest of Europe is further segmented into Russia, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S. and Canada)
• Latin America (Brazil, Mexico, Argentina, Rest of Latin America)
• RoW (Saudi Arabia, United Arab Emirates, South Africa)

For each of the aforementioned regions and countries, market data (annual revenue) are available for 2016-2026. The breakdown of all regional markets by country and split of major national markets by Product Type, Application, and End-user over the study years (2016-2026) are also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Specifically, potential risks associated with investing in global logistics robots market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.

Key Players:

ABB Ltd.
Aethon Inc
Amazon Robotics LLC
Clearpath Robotics, Inc.
DAIFUKU Co, Ltd
Seiko Epson Corporation (Epson Robotics)
Fanuc Corp.
Fetch Robotics, Inc.
GreyOrange Pte Ltd
IAM Robotics
KION Group AG
KUKA (Midea Group)
Locus Robotics
Omron Corporation (Omron Adept Technologies)
Rethink Robotics, Inc.
Seegrid Corporation
SIASUN Co., Ltd.
Yaskawa Electric Corp.

(Please Note: The report will be updated before delivery to make sure that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

1 Introduction 8
1.1 Industry Definition and Research Scope 8
1.1.1 Industry Definition 8
1.1.2 Research Scope 9
1.2 Research Methodology 11
1.2.1 Overview of Market Research Methodology 11
1.2.2 Market Assumption 12
1.2.3 Secondary Data 12
1.2.4 Primary Data 12
1.2.5 Data Filtration and Model Design 13
1.2.6 Market Size/Share Estimation 14
1.2.7 Research Limitations 15
1.3 Executive Summary 16
2 Market Overview and Qualitative Analysis 19
2.1 Market Size and Forecast 19
2.2 Major Growth Drivers 20
2.3 Market Restraints and Challenges 23
2.4 Emerging Opportunities and Market Trends 26
2.5 Porter’s Fiver Forces Analysis 29
3 Segmentation of Global Market by Offering 33
3.1 Market Overview by Offering 33
3.2 Hardware 35
3.3 Software 36
3.4 Service & Support 37
4 Segmentation of Global Market by Product Type 38
4.1 Market Overview by Product Type 38
4.2 Autonomous Mobile Robots (AMRs) 40
4.3 Automated Guided Vehicles (AGVs) 41
4.4 Robotic Arms 42
4.5 Other Products 43
5 Segmentation of Global Market by Operation Environment 44
5.1 Market Overview by Operation Environment 44
5.2 Factory Logistics Robots 46
5.3 Warehouse Logistics Robots 47
5.4 Outdoor Logistics Robots 48
5.5 Other Logistics Robots 49
6 Segmentation of Global Market by Application 50
6.1 Market Overview by Application 50
6.2 Palletizing and Depalletizing 52
6.3 Pick and Place 53
6.4 Loading and Unloading 54
6.5 Packaging and Co-packing 55
6.6 Shipment and Delivery 56
6.7 Transportation and Storage 57
6.8 Other Applications 58
7 Segmentation of Global Market by End-user 59
7.1 Market Overview by End-user 59
7.2 Healthcare 61
7.3 Retail 62
7.4 Agriculture 63
7.5 Manufacturing 64
7.6 Other End-users 65
8 Segmentation of Global Market by Region 66
8.1 Geographic Market Overview 2016-2026 66
8.2 North America Market 2016-2026 by Country 70
8.2.1 Overview of North America Market 70
8.2.2 U.S. Market 73
8.2.3 Canadian Market 77
8.3 European Market 2016-2026 by Country 79
8.3.1 Overview of European Market 79
8.3.2 Germany 82
8.3.3 UK 84
8.3.4 France 86
8.3.5 Spain 88
8.3.6 Italy 90
8.3.7 Rest of European Market 92
8.4 Asia-Pacific Market 2016-2026 by Country 94
8.4.1 Overview of Asia-Pacific Market 94
8.4.2 Japan 97
8.4.3 China 100
8.4.4 Australia 102
8.4.5 India 104
8.4.6 South Korea 106
8.4.7 Rest of APAC Region 108
8.5 Latin America Market 2016-2026 by Country 110
8.5.1 Argentina 113
8.5.2 Brazil 115
8.5.3 Mexico 117
8.5.4 Rest of Latin America Market 119
8.6 Rest of World Market 2016-2026 by Country 120
8.6.1 UAE 123
8.6.2 Saudi Arabia 125
8.6.3 South Africa 127
8.6.4 Other National Markets 129
9 Competitive Landscape 130
9.1 Overview of Key Vendors 130
9.2 Company Profiles 134
ABB Ltd. 134
Aethon Inc 137
Amazon Robotics LLC 138
Clearpath Robotics, Inc. 139
DAIFUKU Co, Ltd 141
Seiko Epson Corporation (Epson Robotics) 142
Fanuc Corp. 146
Fetch Robotics, Inc. 148
GreyOrange Pte Ltd 149
IAM Robotics 150
KION Group AG 151
KUKA (Midea Group) 152
Locus Robotics 156
Omron Corporation (Omron Adept Technologies) 157
Rethink Robotics, Inc. 162
Seegrid Corporation 165
SIASUN Co., Ltd. 166
Yaskawa Electric Corp. 167
10 Investing in Global Market: Risk Assessment and Management 171
10.1 Risk Evaluation of Global Market 171
10.2 Critical Success Factors (CSFs) 174
Related Reports and Products 177

List of Tables

Table 1. Snapshot of Global Logistics Robots Market, 2019-2026 17
Table 2. Main Product Trends and Market Opportunities in Global Logistics Robots Market 26
Table 3. Global Logistics Robots Market by Offering, 2016-2026, $ mn 33
Table 4. Global Logistics Robots Market by Product Type, 2016-2026, $ mn 38
Table 5. Global Logistics Robots Market: Autonomous Mobile Robots (AMRs) by Product Type, 2016-2026, $ mn 40
Table 6. Global Logistics Robots Market: Robotic Arms by Robot Type, 2016-2026, $ mn 42
Table 7. Global Logistics Robots Market by Operation Environment, 2016-2026, $ mn 44
Table 8. Global Logistics Robots Market by Application, 2016-2026, $ mn 50
Table 9. Global Logistics Robots Market by End-user, 2016-2026, $ mn 59
Table 10. Global Logistics Robots Market by Region, 2016-2026, $ mn 67
Table 11. Leading National Logistics Robots Market, 2019 and 2026, $ mn 69
Table 12. North America Logistics Robots Market by Country, 2016-2026, $ mn 72
Table 13. U.S. Logistics Robots Market by Product Type, 2016-2026, $ mn 75
Table 14. U.S. Logistics Robots Market by Application, 2016-2026, $ mn 75
Table 15. U.S. Logistics Robots Market by End-user, 2016-2026, $ mn 75
Table 16. Canada Logistics Robots Market by Product Type, 2016-2026, $ mn 78
Table 17. Canada Logistics Robots Market by Application, 2016-2026, $ mn 78
Table 18. Canada Logistics Robots Market by End-user, 2016-2026, $ mn 78
Table 19. Europe Logistics Robots Market by Country, 2016-2026, $ mn 81
Table 20. Germany Logistics Robots Market by Product Type, 2016-2026, $ mn 83
Table 21. Germany Logistics Robots Market by Application, 2016-2026, $ mn 83
Table 22. Germany Logistics Robots Market by End-user, 2016-2026, $ mn 83
Table 23. UK Logistics Robots Market by Product Type, 2016-2026, $ mn 85
Table 24. UK Logistics Robots Market by Application, 2016-2026, $ mn 85
Table 25. UK Logistics Robots Market by End-user, 2016-2026, $ mn 85
Table 26. France Logistics Robots Market by Product Type, 2016-2026, $ mn 87
Table 27. France Logistics Robots Market by Application, 2016-2026, $ mn 87
Table 28. France Logistics Robots Market by End-user, 2016-2026, $ mn 87
Table 29. Spain Logistics Robots Market by Product Type, 2016-2026, $ mn 89
Table 30. Spain Logistics Robots Market by Application, 2016-2026, $ mn 89
Table 31. Spain Logistics Robots Market by End-user, 2016-2026, $ mn 89
Table 32. Italy Logistics Robots Market by Product Type, 2016-2026, $ mn 91
Table 33. Italy Logistics Robots Market by Application, 2016-2026, $ mn 91
Table 34. Italy Logistics Robots Market by End-user, 2016-2026, $ mn 91
Table 35. Logistics Robots Market in Rest of Europe by Country, 2016-2026, $ mn 93
Table 36. APAC Logistics Robots Market by Country, 2016-2026, $ mn 96
Table 37. Japan Logistics Robots Market by Product Type, 2016-2026, $ mn 99
Table 38. Japan Logistics Robots Market by Application, 2016-2026, $ mn 99
Table 39. Japan Logistics Robots Market by End-user, 2016-2026, $ mn 99
Table 40. China Logistics Robots Market by Product Type, 2016-2026, $ mn 101
Table 41. China Logistics Robots Market by Application, 2016-2026, $ mn 101
Table 42. China Logistics Robots Market by End-user, 2016-2026, $ mn 101
Table 43. Australia Logistics Robots Market by Product Type, 2016-2026, $ mn 103
Table 44. Australia Logistics Robots Market by Application, 2016-2026, $ mn 103
Table 45. Australia Logistics Robots Market by End-user, 2016-2026, $ mn 103
Table 46. India Logistics Robots Market by Product Type, 2016-2026, $ mn 105
Table 47. India Logistics Robots Market by Application, 2016-2026, $ mn 105
Table 48. India Logistics Robots Market by End-user, 2016-2026, $ mn 105
Table 49. South Korea Logistics Robots Market by Product Type, 2016-2026, $ mn 107
Table 50. South Korea Logistics Robots Market by Application, 2016-2026, $ mn 107
Table 51. South Korea Logistics Robots Market by End-user, 2016-2026, $ mn 107
Table 52. Logistics Robots Market in Rest of APAC by Country, 2016-2026, $ mn 109
Table 53. Latin America Logistics Robots Market by Country, 2016-2026, $ mn 112
Table 54. Argentina Logistics Robots Market by Product Type, 2016-2026, $ mn 114
Table 55. Argentina Logistics Robots Market by Application, 2016-2026, $ mn 114
Table 56. Argentina Logistics Robots Market by End-user, 2016-2026, $ mn 114
Table 57. Brazil Logistics Robots Market by Product Type, 2016-2026, $ mn 116
Table 58. Brazil Logistics Robots Market by Application, 2016-2026, $ mn 116
Table 59. Brazil Logistics Robots Market by End-user, 2016-2026, $ mn 116
Table 60. Mexico Logistics Robots Market by Product Type, 2016-2026, $ mn 118
Table 61. Mexico Logistics Robots Market by Application, 2016-2026, $ mn 118
Table 62. Mexico Logistics Robots Market by End-user, 2016-2026, $ mn 118
Table 63. RoW Logistics Robots Market by Country, 2016-2026, $ mn 122
Table 64. UAE Logistics Robots Market by Product Type, 2016-2026, $ mn 124
Table 65. UAE Logistics Robots Market by Application, 2016-2026, $ mn 124
Table 66. UAE Logistics Robots Market by End-user, 2016-2026, $ mn 124
Table 67. Saudi Arabia Logistics Robots Market by Product Type, 2016-2026, $ mn 126
Table 68. Saudi Arabia Logistics Robots Market by Application, 2016-2026, $ mn 126
Table 69. Saudi Arabia Logistics Robots Market by End-user, 2016-2026, $ mn 126
Table 70. South Africa Logistics Robots Market by Product Type, 2016-2026, $ mn 128
Table 71. South Africa Logistics Robots Market by Application, 2016-2026, $ mn 128
Table 72. South Africa Logistics Robots Market by End-user, 2016-2026, $ mn 128
Table 73. Global Logistics Robots Market by Key Vendor, 2019, $ mn 132
Table 74. Key Financials of ABB Ltd., 2016-2018, $ bn 135
Table 75. ABB Revenue by Business Division, 2016-2019, $ million 135
Table 76. ABB Revenue by Region, 2016-2019, $ mn 136
Table 77. Risk Evaluation for Investing in Global Market, 2019-2026 172
Table 78. Critical Success Factors and Key Takeaways 175

List of Figures

Figure 1. Research Method Flow Chart 11
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 14
Figure 3. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2026 16
Figure 4. Global Logistics Robots Market, 2016-2026, $ mn 19
Figure 5. Primary Drivers and Impact Factors of Global Logistics Robots Market 20
Figure 6. Primary Restraints and Impact Factors of Global Logistics Robots Market 23
Figure 7. Porter’s Fiver Forces Analysis of Global Logistics Robots Market 29
Figure 8. Breakdown of Global Logistics Robots Market by Offering, 2019-2026, % of Revenue 33
Figure 9. Contribution to Global 2020-2026 Cumulative Revenue by Offering, Value ($ mn) and Share (%) 34
Figure 10. Global Logistics Robots Market: Hardware, 2016-2026, $ mn 35
Figure 11. Global Logistics Robots Market: Software, 2016-2026, $ mn 36
Figure 12. Global Logistics Robots Market: Service & Support, 2016-2026, $ mn 37
Figure 13. Breakdown of Global Logistics Robots Market by Product Type, 2019-2026, % of Revenue 38
Figure 14. Contribution to Global 2020-2026 Cumulative Revenue by Product Type, Value ($ mn) and Share (%) 39
Figure 15. Global Logistics Robots Market: Autonomous Mobile Robots (AMRs), 2016-2026, $ mn 40
Figure 16. Global Logistics Robots Market: Automated Guided Vehicles (AGVs), 2016-2026, $ mn 41
Figure 17. Global Logistics Robots Market: Robotic Arms, 2016-2026, $ mn 42
Figure 18. Global Logistics Robots Market: Other Products, 2016-2026, $ mn 43
Figure 19. Breakdown of Global Logistics Robots Market by Operation Environment, 2019-2026, % of Revenue 44
Figure 20. Contribution to Global 2020-2026 Cumulative Revenue by Operation Environment, Value ($ mn) and Share (%) 45
Figure 21. Global Logistics Robots Market: Factory Logistics Robots, 2016-2026, $ mn 46
Figure 22. Global Logistics Robots Market: Warehouse Logistics Robots, 2016-2026, $ mn 47
Figure 23. Global Logistics Robots Market: Outdoor Logistics Robots, 2016-2026, $ mn 48
Figure 24. Global Logistics Robots Market: Other Logistics Robots, 2016-2026, $ mn 49
Figure 25. Breakdown of Global Logistics Robots Market by Application, 2019-2026, % of Revenue 50
Figure 26. Contribution to Global 2020-2026 Cumulative Revenue by Application, Value ($ mn) and Share (%) 51
Figure 27. Global Logistics Robots Market: Palletizing and Depalletizing, 2016-2026, $ mn 52
Figure 28. Global Logistics Robots Market: Pick and Place, 2016-2026, $ mn 53
Figure 29. Global Logistics Robots Market: Loading and Unloading, 2016-2026, $ mn 54
Figure 30. Global Logistics Robots Market: Packaging and Co-packing, 2016-2026, $ mn 55
Figure 31. Global Logistics Robots Market: Shipment and Delivery, 2016-2026, $ mn 56
Figure 32. Global Logistics Robots Market: Transportation and Storage, 2016-2026, $ mn 57
Figure 33. Global Logistics Robots Market: Other Applications, 2016-2026, $ mn 58
Figure 34. Breakdown of Global Industrial Robot End-user, 2019-2026, % of Revenue 59
Figure 35. Contribution to Global 2020-2026 Cumulative Revenue by End-user, Value ($ mn) and Share (%) 60
Figure 36. Global Logistics Robots Market: Healthcare, 2016-2026, $ mn 61
Figure 37. Global Logistics Robots Market: Retail, 2016-2026, $ mn 62
Figure 38. Global Logistics Robots Market: Agriculture, 2016-2026, $ mn 63
Figure 39. Global Logistics Robots Market: Manufacturing, 2016-2026, $ mn 64
Figure 40. Global Logistics Robots Market: Other End-users, 2016-2026, $ mn 65
Figure 41. Global Market Snapshot by Region 66
Figure 42. Geographic Spread of Worldwide Logistics Robots Market, 2019-2026, % of Revenue 67
Figure 43. Contribution to Global 2020-2026 Cumulative Revenue by Region, Value ($ mn) and Share (%) 68
Figure 44. North American Logistics Robots Market, 2016-2026, $ mn 71
Figure 45. Breakdown of North America Logistics Robots Market by Country, 2019 and 2026, % of Revenue 71
Figure 46. Contribution to North America 2020-2026 Cumulative Revenue by Country, Value ($ mn) and Share (%) 72
Figure 47. U.S. Logistics Robots Market, 2016-2026, $ mn 74
Figure 48. Canada Logistics Robots Market, 2016-2026, $ mn 77
Figure 49. European Logistics Robots Market, 2016-2026, $ mn 80
Figure 50. Breakdown of European Logistics Robots Market by Country, 2019 and 2026, % of Revenue 80
Figure 51. Contribution to Europe 2020-2026 Cumulative Revenue by Country, Value ($ mn) and Share (%) 81
Figure 52. Logistics Robots Market in Germany, 2016-2026, $ mn 82
Figure 53. Logistics Robots Market in UK, 2016-2026, $ mn 84
Figure 54. Logistics Robots Market in France, 2016-2026, $ mn 86
Figure 55. Logistics Robots Market in Spain, 2016-2026, $ mn 88
Figure 56. Logistics Robots Market in Italy, 2016-2026, $ mn 90
Figure 57. Logistics Robots Market in Rest of Europe, 2016-2026, $ mn 92
Figure 58. Asia-Pacific Logistics Robots Market, 2016-2026, $ mn 95
Figure 59. Breakdown of APAC Logistics Robots Market by Country, 2019 and 2026, % of Revenue 95
Figure 60. Contribution to APAC 2020-2026 Cumulative Revenue by Country, Value ($ mn) and Share (%) 96
Figure 61. Logistics Robots Market in Japan, 2016-2026, $ mn 98
Figure 62. Logistics Robots Market in China, 2016-2026, $ mn 100
Figure 63. Logistics Robots Market in Australia, 2016-2026, $ mn 102
Figure 64. Logistics Robots Market in India, 2016-2026, $ mn 104
Figure 65. Logistics Robots Market in South Korea, 2016-2026, $ mn 106
Figure 66. Logistics Robots Market in Rest of APAC, 2016-2026, $ mn 108
Figure 67. Latin America Logistics Robots Market, 2016-2026, $ mn 111
Figure 68. Breakdown of Latin America Logistics Robots Market by Country, 2019 and 2026, % of Revenue 111
Figure 69. Contribution to Latin America 2020-2026 Cumulative Revenue by Country, Value ($ mn) and Share (%) 112
Figure 70. Logistics Robots Market in Argentina, 2016-2026, $ mn 113
Figure 71. Logistics Robots Market in Brazil, 2016-2026, $ mn 115
Figure 72. Logistics Robots Market in Mexico, 2016-2026, $ mn 117
Figure 73. Logistics Robots Market in Rest of Latin America, 2016-2026, $ mn 119
Figure 74. Logistics Robots Market in Rest of the World (RoW), 2016-2026, $ mn 121
Figure 75. Breakdown of RoW Logistics Robots Market by Country, 2019 and 2026, % of Revenue 121
Figure 76. Contribution to RoW 2020-2026 Cumulative Revenue by Country, Value ($ mn) and Share (%) 122
Figure 77. Logistics Robots Market in UAE, 2016-2026, $ mn 123
Figure 78. Logistics Robots Market in Saudi Arabia, 2016-2026, $ mn 125
Figure 79. Logistics Robots Market in South Africa, 2016-2026, $ mn 127
Figure 80. Growth Stage of Global Logistics Robots Industry over the Forecast Period 130
Figure 81. SWOT Analysis of ABB Ltd. 136
Figure 82. Clearpath Grizzly RUV Pulling Implement 140
Figure 83. Seiko Epson Revenue, 2014-2018, $ mn 143
Figure 84. Seiko Epson Revenues, Net Income, and Gross Profit Margin, 2015-2018, $ mn 143
Figure 85. Seiko Epson Revenue Breakdown by Business Segment, 2018 144
Figure 86. Seiko Epson Revenue Breakdown by Region, 2018 144
Figure 87. KUKA Sales Revenues by Business Segment, 2017-2018, million euros 153
Figure 88. KUKA Revenue by Region in 2017-2018, million euros 154
Figure 89. Overview of Yaskawa Financial Information, 2013-2017, million yen 167
Figure 90. Yaskawa Sales Breakdown by Application in 2017-2018, % 169
Figure 91. Yaskawa Robotics Business Revenue by Region in 2018, % 169

Research methodology is mainly referring to the practical how of any offered piece of research. More specifically, it’s all about how a researcher systematically designs a study in order to assure extremely valid as well as reliable results that ultimately address the targets and objectives of the research.

In any formal research including academic journal, article, dissertation and so on, there will be a special section on a research methodology that mainly describes what, by whom, how to gather as well as how to evaluate the data are provided.

This research methodology has been segmented into following types:

Primary Research:

It is said to be original information that the researchers collect for the crucial purposes of answering the research questions of readers with the help of surveys, observations and experiments.

Secondary Research:

The secondary research is the data that has already been collected by various other researchers in the form of government analysis or scientific studies.

Qualitative Research:

It is descriptive and subjective method irrespective of facts. Both observation and description are essential in this type of research methodology. Its main vision is to analyze knowledge, attitudes, behaviours as well as opinions of people related to the topic of any research. This method has been operated through grounded research, case study and actionable research.

Quantitative Research:

It contains several laboratory experiments, basic surveys, mathematical calculations, simulations and so on. The possible measurement, quantity or amount is considered to be a major factor in the quantitative research methodology.

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