Warehouse Robotics Market Navigate with Market Insights and...

Warehouse Robotics Market Navigate with Market Insights and Projections

Posted 2024-06-20 07:36:19

172

Warehouse Robotics Market size is projected to reach USD 6.11 billion by 2027 from an estimated USD 3.41 billion in 2021, growing at a CAGR of 10.2% globally.

The market for warehouse robotics is centered on automated systems made to maximize the transportation of goods, picking, packing, and inventory control in warehouses. The growth of e-commerce, the need for effective supply chain management, and the development of AI and machine learning for robotic capabilities are the main trends propelling the industry. The desire for lower labor costs, more operational effectiveness, and quicker order fulfillment in logistics and distribution facilities is driving the industry. Manufacturers of robots, automation firms, and logistics service providers are important participants. Regional considerations have a substantial impact on market dynamics, defining the global acceptance and innovation of warehouse robotics systems. These factors include labor availability, the adoption of industrial automation, and regulatory frameworks. As technology keeps developing, warehouse robotics are expected to play a crucial role in meeting the demands of modern supply chain logistics efficiently and effectively.

Players Covered in Warehouse Robotics Market are:

ABB Ltd. (Switzerland), KUKA AG (Germany), KION GROUP AG (Germany), Daifuku (Japan), FANUC Corporation (Japan), Geekplus Technology (China), GreyOrange Pte. Ltd. (US), Murata Machinery Ltd. (Japan), Omron Corporation (Japan), Toyota Industries Corporation (Japan), Shopify Inc. (Canada), Hikrobot (China), IAM Robotics (US), inVia Robotics Inc. (US), JBT (US), Knapp AG (Austria), Locus Robotics (US), Magazino GmbH (Germany), Scallog (France), Shanghai Quicktron Intelligent Technology Co. Ltd. (China), SSI Schaefer AG (Germany), Teradyne Inc. (US), Vecna Robotics (US), Yaskawa Electric Corporation (Japan), and Zebra Technologies Corp. (US)

Begin Your Analysis with a Free Sample Report!

https://introspectivemarketresearch.com/request/15915

Introspective Market Research is a reliable partner specializing in comprehensive market research studies. Our commitment lies in providing businesses worldwide with valuable insights and strategic guidance through our comprehensive research.

Our Warehouse Robotics market report ensures accuracy by conducting a precise examination of the industry. We establish a robust foundation for our findings through extensive utilization of primary and secondary sources. To enhance the depth of our evaluation, we employ industry-standard tools such as Porter's Five Forces Analysis, SWOT Analysis, and Price Trend Analysis.

Segmentation Analysis of Warehouse Robotics Market:

By Type

· Automatic Storage & Retrieval System {AS/RS}

· Automated Guided Vehicles {AGV}

· Unit Load Transport Autonomous Mobile Robots {AMR}

· Cartesian Robots

· Robotic Arms

· Collaborative Bots {CO-BOTS}

· Mobile Rack Goods-To-Person {GTP} AMR

· Roaming Shuttle AMRS

· Bot Sorter AMRS

· Sortation Systems

· Conveyors

· Palletizers

· And Others

By Function

· Pick & Place

· Palletizing & Depalletizing

· Transportation

· Packaging

By Payload Capacity

· Below 10 Kg

· 11 Kg To 80 Kg

· 81 Kg To 400 Kg

· 401 Kg To 900 Kg

· Above 900 Kg

By Payload Capacity

· Warehouse Management System

· Warehouse Control System

· And Warehouse Execution System

By Application

· E-Commerce

· Automotive

· Electrical & Electronics

· Metal & Machinery

· Chemical

· Rubber And Plastics

· Food & Beverage

· Pharmaceutical

· Other

Drivers in the Warehouse Robotics Market:

1. E-commerce Growth: As e-commerce expands quickly, there is a growing need for automated warehouse systems to effectively manage rising order quantities.

2. Labor Shortages: The introduction of robotics to automate repetitive jobs and increase productivity is prompted by rising labor costs and shortages in the logistics sector.

3. Technological Advancements: Warehouse robots are now more capable and efficient because to developments in AI, machine learning, and sensor technology.

4. Scalability: Robotics' capacity to adjust operations in response to variations in demand and seasonal peaks facilitates their application in warehouse settings.

5. Accuracy and Safety: Picking and packing operations with high accuracy and improved safety features minimize errors and boost warehouse operational efficiency.

Customization Made Easy - Inquire Today!

https://introspectivemarketresearch.com/custom-research/15915

Opportunities in the Warehouse Robotics Market:

1. Small and Medium-sized Enterprises (SMEs): You can increase market share by providing flexible and reasonably priced robotics solutions specifically designed for SMEs.

2. Autonomous Mobile Robots (AMRs): There is a considerable opportunity for growth as the need for AMRs for jobs such as material handling and goods-to-person picking grows.

3. Robotics systems that are developed using AI for predictive maintenance and IoT for real-time data analytics can have their functionality improved.

4. Global Expansion: There is a lot of room for expansion when emerging markets are penetrated, especially when it comes to logistics and industrial automation.

5. The field of collaborative robotics has the potential to draw in new clients and industries by creating cooperative robots, or cobots, that operate alongside people in warehouse environments to increase productivity and safety.

By Region

• North America (US, Canada, Mexico)

• Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

• Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

• Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

• Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)