Warehouse Robotics Market Segmentation, key Players, Trends, Growth Factors and Global Market Overlook | Expanding at a CAGR of 13.5% by 2030
Research Reports
Nov 21, 2022
Warehouse Robotics Market Overview:
During the period 2022-2030, the Warehouse Robotics Market is anticipated to reach USD 13.35 billion, expanding at a CAGR of 13.5%. The increasing need for automation and increased consumer awareness of quality and safety goods are driving the industry’s expansion.
The Warehouse Robotics market provides the deployment of robotic technology in the warehouse to perform tasks such as pick-place, material clustering, requesting, stockroom security, examination, transportation, bundling, and palletizing, as well as improve operational efficiency by enormous margins.
Recently, mechanical technology has assumed an enormous role in the store network, transportation hub, and warehouse board circles, and plays a significant role in distribution center automation.
The rise of the e-commerce industry, the introduction of innovative robot technologies, and the increased need for effective warehousing and inventory management are the drivers driving the warehouse robotics market. Automation in the warehouse decreases overall business expenses, saves time, and eliminates product delivery problems. In the future years, the market’s growth would be accelerated by the increased need for automation and awareness of the importance of quality and safety.
Advanced technologies, including sensor technologies, enable increased object perception and a precise positioning system, which aids in achieving optimal operational flow and logistics efficiency in a variety of warehouse applications, hence boosting Warehouse Robotics Market growth. In addition, active investment from venture capitalists contributes to market expansion.
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The following companies are considered to be key vendors:
- ABB Ltd. (Switzerland)
- Fanuc Corp. (Japan)
- Kuka AG (Germany)
- Yaskawa Electric Corp. (Japan)
- com, Inc. (United States)
- Blum (United States)
- Fetch Robotics (United States)
- BlueBotics SA (Switzerland)
- SSI Schafer (Germany)
- Daifuku Co., Ltd. (Japan (London)
Report Scope:
|
Report Attribute/Metric |
Details |
|
Market Size in 2030 |
USD 13.35 Billion |
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Growth rate: |
CAGR of 13.5%from 2022 to 2030 |
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Forecast Period |
2022-2030 |
|
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
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Warehouse Robotics Market- Regional Analysis
Asia-Pacific, Europe, North America, and the rest of the globe comprise the warehouse robotics market’s geographical divisions. During the research period, North America had the highest market share due to its increasing demand and awareness of quality and safety manufacturing. In addition, the demand for this market in this area is being driven by the increased use of warehouse automation technologies and the modernization of facilities by a large number of established businesses.
In addition, Asia-Pacific is anticipated to be the fastest-growing market region because of the growth in manufacturing facilities, continual upgradation, rising domestic demand for products, and better efficiency of warehouses, all of which contribute to the rise in market demand in this area. The International Federation of Robotics (IFR) will release the World Robotics report in September 2019 indicating that Asia is the largest industrial robot market in the world. China continues to be the largest market, accounting for 36% of all installations.
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Warehouse Robotics Market- Segmentation:
Global Warehouse Robotics Market trends have been categorised by type, software, function, end-user, and geography.
Mobile robots, articulated robots, cylindrical robots, SCARA robots, parallel robots, cartesian robots, and others are categorized by type.
Software systems include warehouse management systems, warehouse execution systems, and warehouse control systems, among others.
By Function: Pick-and-place, palletizing and de-palletizing, transportation, packing, and other functions.
By End User: E-commerce, automobile, food & beverage, consumer electronics, healthcare, and more industries.
This Warehouse Robotics Market is segmented into four primary regions: Asia-Pacific, Europe, North America, and the rest of the world
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