Warehouses are being established in major metropolitan cities owing to the large customer demand. In a bid to increase their success rate, warehouses are employing robots for transportation of materials and automation of repetitive tasks. The global Warehouse Robotics Market report by Market Research Future (MRFR) outlines the main drivers and challenges to be faced by the industry for the forecast period (2020-2027). The COVID-19 pandemic and its impact on the industry has been explored in heavy detail. Warehouse Robotics Market to grow to reach USD 13.35 billion by 2030 at a CAGR of 13.5% during the forecast period 2020-2030.
Market
Scope
The global Warehouse
Robotics Technology Market is expected to showcase 10% CAGR over the forecast period owing to
adoption of automation by various industrial leaders. This is evident by procurement
of robotic autonomous forklifts by warehouse owners for lowering the workforce
costs. The expansion of the e-commerce industry and rising pressure from
customers on timely deliveries can influence the market demand. Robots can play
a pivotal role in reducing the time of delivery and consignment errors.
The COVID-19 pandemic
has accelerated the investment of warehouse robots. Rise of social distancing
and adherence to new laws during the pandemic can drive the procurement of
these robots. Robots can measure temperatures of workers and sanitize them in a
timely manner. High efficiency of robots and their implementation in inventory
tracking, cleaning, and automated unloading can bode well for the market.
But exorbitant costs
of robots and lack of skilled operators can impede the market growth.
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Competitive Landscape
The rapid expansion of the e-commerce sector as well as
growing demand for quality services are presumed to drive the warehouse
robotics market growth worldwide. The global warehouse robotics market could be
challenged by absence of a strong supply chain solution, nevertheless,
organizations in the warehouse robotics market will carry the growth rate
forward. The warehouse robotics market research report presents company
profiles of major companies active in the warehouse robotics market globally.
Furthermore, the global warehouse robotics market report offers an
all-inclusive analysis of the market collected from the warehouse robotics
market’s primary and secondary sources covering both decision makers and
thought leaders. The warehouse robotics market research report highlights such
key areas assisting businesses operating in the warehouse robotics market to
build better growth strategies.
Market Segmentation
The global Warehouse Robots Market has been segmented based on
end-users, function, region, software, and type. On the basis of end-users, the
market for warehouse robotics is segmented based on automotive, consumer
electronics, food and beverages, healthcare, e-commerce, and others sectors.
Additionally, the market on the basis of software, is segmented into warehouse
control system, warehouse execution system, warehouse management system, and
others. The global market for warehouse robotics is also covered based on type
segment which is further split into articulated robots, Cartesian robots,
cylindrical robots, parallel robots, SCARA robots, mobile robots, and others.
On the basis of function, the market for warehouse robotics is segmented based
on packaging, palletizing and de-palletizing, transportation, pick and place,
and others.
Major elements such as a weak supply chain in developing
countries could obstruct the warehouse robotics market growth. However,
according to the warehouse robotics market research report, the growing
e-commerce industry along with increasing awareness regarding the quality will
propel growth throughout the forecast period 2019-2026. The warehouse robotics
market is set to register growth at a high CAGR owing to these key factors. The
exploration of end-users, function, region, software, and type segments along
with regional markets has been given in the global warehouse robotics market
research report. The research analysts studying the warehouse robotics market
have put out market forecasts in the warehouse robotics market research report
in order to support warehouse robotics market-based companies. The warehouse
robotics market research report provides an extensive understanding of the
warehouse robotics market based on the information and forecasts till 2026.
Regional Overview
North America, Europe, Asia Pacific and the rest of the world
regional market for warehouse robotics are predominantly covered in the global
warehouse robotics market research report. Country-level warehouse robotics
markets spread across North America – the United States, Canada, and Mexico are
also covered in the report. In South America – Brazil and other country-level
warehouse robotics markets are covered in the report. In Asia-Pacific (APAC)
region, the country-level warehouse robotics markets covered are Japan, India,
China, and others. The warehouse robotics market research report also explores
the regional market for warehouse robotics present in Europe in the United
Kingdom, France, Italy, Spain, and Germany, etc. The warehouse robotics market
research report also covers regional markets from the rest of the world
alongside warehouse robotics markets of Africa and the Middle East.
Industry News
Fetch, a robotic company located in San Jose, unveiled this
morning its new robot. The PalletTransport1500 is an independent bot that is
designed to replace forklift applications in warehouses. The systems designed
to collect and transport pallets have the capacity to carry up to 2,504 pounds
of payload. The system is part of a variety of different forklift solutions,
like Toyota, by various companies. Although the robots created by Amazon's own
Kiva Systems are probably still the most popular robotic moving pads in the
game.
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