The global demand for Warehouse Robotics Market is presumed to reach the market size of nearly USD 10.49 MN by 2028 from USD 5.92 MN in 2021 with a CAGR of 16.12% under the study period 2022 - 2028.
Warehouse robotics is the use of automation systems, robots, and software applications to transfer materials, perform various tasks, and standardize warehouse processes. It refers to using robotics in the warehouse to perform tasks such as packaging, pick-and-place, transportation, palletizing, barcode scanning, and inventory data management. Warehouse robotics has decreased the time and effort required to scan and update inventory, pack packages, arrange items on shelves, and perform other related tasks.
Market Dynamics
The global warehouse robotics market is growing due to increased warehousing robotics collaboration via e-commerce. The growing demand for automation and rising awareness regarding quality and safety products are accelerating the market's growth. Moreover, the rise in its adoption by small and medium-sized enterprises is estimated to drive the market growth of warehouse robotics. Furthermore, the increased demand for improving the quality and reliability of warehouse operations is expected to propel the warehouse robotics market forward. In addition, rising labour costs and growing investments in warehouse management will continue to provide impetus to the change in the market. However, the growing set-up price and shortage of skilled workforce to operate robots are further projected to limit the market growth of warehouse robotics.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of warehouse robotics. The growth and trends of warehouse robotics industry provide a holistic approach to this study.
Market Segmentation
This section of the warehouse robotics market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product Type
- Mobile Robots
- Articulated Robots
- Cylindrical Robots
- Parallel Robots
- Cartesian Robots
- SCARA Robots
By Function
- Pick & Place
- Assembling & Dissembling
- Transportation
- Packaging
By End User
- Food & Beverages
- Electronics & Electrical
- Metal & Machinery
- Automotive
- Pharmaceuticals
- E-Commerce
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Warehouse Robotics market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Warehouse Robotics Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the warehouse robotics market include ABB Ltd., Fanuc Corporation, Kuka AG, Yaskawa Electric Corp., Amazon.com Inc., Yamaha Robotics, Fetch Robotics Inc., Locus Robotics, Omron Corporation, Honeywell International Inc., Siemens AG. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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