Warehouse Robotics Market Size, Comprehensive Analysis, Key Vendors, Emerging Opportunities, Growth Factors and Industry Expansion Strategies 2023
Market Research Future published a research report on “Warehouse Robotics Market Research Report – Global Forecast To 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
Pune, India – April 27, 2018 /MarketersMedia/ —
Market Highlights
The global warehouse robotics market is spanned across Americas, Europe, Asia Pacific, and Rest of world. North America dominates the warehouse robotics market. The increasing adoption of warehouse robotics by various types of industries including small- and medium-sized enterprises are propelling Warehouse Robotics Market growth to the large extent. The increasing demand for automation due to penetration of automation technologies in warehouses is one of the driving factors of the warehouse robotics market growth.
The North American region is experiencing a higher demand due to the growing use of warehouse robotics in the automotive sector and from the consumer, which is driving the warehouse robotics market growth. The reduced operating costs and improved product flexibility in these applications further fuel the market growth. The prominent companies such as Dematic Corp. (U.S), Vanderlande Industries Inc. (U.S), Amazon.com, Inc. (U.S.), Bleum (U.S), and Fetch Robotics (U.S) are providing warehouse robotics solutions to the market. These major players are investing in the manufacturing of warehouse robotics and providing solution across the world. However, the high cost of initial installations, training, and deployment, lack of awareness, and difficulty in interacting with robots are some of the factors, which may hamper the warehouse robotics market growth over the assessment period.
The global warehouse robotics market is expected to reach USD ~ 5 billion at a CAGR of over 10% by the end of the forecast period.
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Regional Analysis
The regional analysis of warehouse robotics market is studied for regions such as Asia Pacific (China, Japan, and India), North America (the U.S., Mexico, and Canada), Europe (the U.K, Germany) and Rest of the World. North America is one of the leading regions of the world in terms of market share. The warehouse robotics market in this region is growing rapidly due to the increasing demand and awareness towards quality and safety production. The warehouse robotics market in Europe is expected to witness a rapid growth in the forthcoming period. Whereas, Asia Pacific countries such as China, Japan, and India are expected to be the emerging warehouse robotics market and are expected to grow at the highest CAGR in the coming years.
Key Players
Some of the prominent players in the global warehouse robotics market are ABB Ltd. (Switzerland), Fanuc Corp. (Japan), Kuka AG (Germany), Yaskawa Electric Corp. (Japan), Amazon.com, Inc. (U.S.) Bleum (U.S), Fetch Robotics (U.S), BlueBotics SA (Switzerland), SSI Schafer (Germany), Daifuku Co., Ltd. (Japan), Dematic Corp. (U.S), Vanderlande Industries Inc. (U.S), and Intelligent Robots Ltd (London), among others.
Global Warehouse Robotics Market Segmentation
The global warehouse robotics market is segmented into type, software, function, end-users, and region. The type is segmented into mobile robots, articulated robots, cylindrical robots, SCARA robots, parallel robots, Cartesian robots, and others. The software is segmented into warehouse management system, warehouse control system, warehouse execution system, and others. The function segment is sub-segmented into pick and place, palletizing and de-palletizing, transportation, packaging, and others. Whereas, the end users segment is sub-segmented into e-commerce, automotive, consumer electronics, food and beverages, healthcare, and others sectors. The market is spanned across four regions including North America, Europe, Asia Pacific, and rest of the world.
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Intended Audience
• Warehouse robotics companies
• Warehouse robotics providers
• Technical universities
• System integrators
• Managed Security Service Providers
• Professional service providers
• Research and development companies
• Market research and consulting firms
• Solution providers
• Technology standards organizations
• Technology investors
• System Integrators
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