The global Warehouse Robotics market is expected to reach USD 8.43 Bn by 2027, with a CAGR of 11.5%, during the forecast period (2021-2027).
The key factor driving the Warehouse Robotics industry is the growing e-commerce industry. The Warehouse Robotics industry is expected to be driven by the combined impact of retail and e-commerce growth and technological changes in automation focusing on energy efficiency. Several companies are integrating robotics and automation to develop their warehouses. Other factors include active funding by venture capitalists to improve the quality and reliability of warehouse operations and the increasing adoption of warehouse robots by small and medium enterprises (SMEs) is driving the warehouse robotics market at a high level in the forecasted period.
Collaborative robots, also known as Cobots, are becoming important in the warehousing industry as they are designed to improve safety and simplify the human-machine interface. Cobots become intelligent thanks to technologies such as machine learning, which allow them to repeat warehouse tasks when they see them as performed by an operator.
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Points Covered in this report are:
To share detailed information about the key factors such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors, etc.
To study and analyze, complete profile of the companies with capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments included within the report.
To study and analyze the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.
Key Players covered in the Warehouse Robotics Market report is:
- ABB Ltd.
- Fanuc Corp.
- Kuka AG
- Yaskawa Electric Corp.
- ATS Automation Tooling Systems, Inc.
- Amazon.Com, Inc. (Amazon Robotics)
- Honeywell International, Inc. (Intelligrated)
- Omron Corp. (Adept Technology, Inc.)
- Fetch Robotics, Inc.
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By Type:
- Mobile Robots
- Articulated Robots
- Cylindrical Robots
- SCARA Robots
- Parallel Robots
- Cartesian Robots
By Application:
- E-commerce
- Automotive
- Consumer Electronics
- Food & Beverage
- Healthcare
- Others
Warehouse Robotics Market by Region Outlook:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
In terms of geography, The Asia Pacific region is expected to grow at a rapid pace owing to the presence of abundant natural resources like minerals, ores, among others, in countries like China, India, Australia, Malaysia, and other Asian countries. These countries carry out mining and construction activities to extract natural resources in the region. The construction industry of the region has started adopting Warehouse Robotics for site inspection and for speeding up construction activities on site.
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Warehouse Robotics Market Key Findings:
- On the basis of type, the mobile robots segment accounted for the largest share of the warehouse robotics market in 2020 due to high demand in retail and consumer electronics.
- On the basis of function, the pick and place segment accounted for the largest market share out of all functions in 2020.
- Amongst all the capacity payload segments, the 0.5 kg to 10 kg segment is holding the largest market share.
- On the basis of application, the E-commerce application segment is expected to observe strong growth during the forecast period for the Warehouse Robotics market.
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