Warehouse Robotics market to achieve notable growth of USD 21.43 Billion by 2030

PRESS RELEASE
Published April 12, 2023

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Data Bridge Market Research analyses that the warehouse robotics market, valued at USD 7.86 billion in 2022, will reach USD 21.43 billion by 2030, growing at a CAGR of 13.36% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

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Opportunities

  • Growth of e-commerce is a major driver

Growth and expansion of e-commerce industry has presented an excellent opportunity for the warehouse robotics market to propel during the forecast period. Rising digitization of the economies has directly influenced the access to e-commerce channel, thereby, indirectly and positively impacting the warehouse robotics market. Delivering the right quantity, at the right time, to the right customer, has infused investment in the development of logistics and supply chain facilities, thereby, offering opportunities for the warehouse robotics market to expand.

Recent Developments

  • In 2019, Amazon, Inc. deployed about 100,000 robotics systems across about 25 U.S. fulfilment sites. The company additionally installed 800 Pegasus and Xanthus robotic systems in a few fulfilment facilities later in the year and increased the robotic drive to roughly 200,000 robots globally.
  • In 2021, Honeywell announced the availability of robotic pallet unloading technology, which lowers the risk of injury and lessens the impact of labour shortages.
  • In 2022, A new expansion deal to install 1,000 LocusBots in GEODIS’ global warehouse locations over the following 24 months was announced by the two parties.

How Data Bridge Market Research Assists in Making Strategic Moves for Warehouse Robotics Market Players?

The data provided in the Warehouse Robotics market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.

The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.

Key Players Operating at both regional and global levels:

  • ABB (Switzerland)
  • KUKA AG (Germany)
  • FANUC CORPORATION (Japan)
  • YASKAWA ELECTRIC CORPORATION. (Japan)
  • KION GROUP AG (Germany)
  • Daifuku Co., Ltd. (Japan)
  • Geekplus Technology Co., Ltd. (China)
  • Grey Orange Pte. Ltd. (U.S.)
  • Murata Machinery, Ltd. (Japan)
  • OMRON Corporation (Japan)
  • ATS Corporation. (Canada)
  • Honeywell International Inc. (U.S.)
  • Rockwell Automation, Inc. (U.S.)
  • Hitachi, Ltd. (Japan)
  • Mobile Industrial Robots (Denmark)

Key Questions Answered

  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?

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Industry Drivers:

  • Growing awareness about the benefits will bolster the market growth

Increased deployment of warehouse robotics technology by a number of end user verticals for its benefits acts as a strong market growth determinant. The technology offers high speed, accuracy, streamlining processes, high efficiency, and reduced labour costs. Increased collaboration of warehouse robotics with automotive, electrical & electronics, metal and machinery, chemical, rubber, and plastics, and food and beverage industries is bolstering the market growth rate.

  • Increased focus on efficient and effective software solutions will drive the growth

In the near future, it is projected that the growing adoption of internet of things (IoT), artificial intelligence (AI), machine learning, and other similar technologies, which have already made an impact on the warehousing industry, will further fuel the market’s growth. Over the past ten years, there has been an increase in the demand for specialist software solutions to monitor staff activity, warehouse operations, and inventory movement. As a result, software specialists are constantly working to bring new functionality to software solutions.

Market Segmentation of Warehouse Robotics Market:

Product Type

  • Autonomous Mobile Robot (AMR)
  • Technology
  • Laser/LIDAR
  • Vision guidance
  • Others
  • Articulated Robots
  • Cylindrical Robots
  • SCARA Robots
  • Collaborative Robots
  • Automated Guided Vehicles (AVR)

Type

  • Pallet trucks and light load AGVS
  • Forklifts
  • Towing AGV
  • Unit load AGV and other load AGV

Technology

  • Magnetic tape
  • Inductive
  • Laser
  • Vision-based system
  • Optical tape
  • Others
  • Parallel Robots
  • Cartesian Robots

Payload Capacity

  • Less than 20Kg
  • 20-100Kg
  • 100-300Kg
  • Greater than 300Kg

System Type

  • Knapp Open Shuttle
  • Locus Robotics System
  • Fetch Robotics Freight
  • Scallog System
  • Swisslog Carrypick

Components

  • Programmable Logic Controller
  • Microprocessors & Microcontrollers
  • Actuators
  • Sensors
  • RF Module

Software

  • Warehouse Management System
  • Warehouse Execution System
  • Warehouse Control System
  • Others

Function

  • Pick & Place
  • Assembling & Dissembling
  • Transportation
  • Sorting & Packaging
  • Others

Industry

  • E-Commerce
  • Automotive
  • Electrical & Electronics
  • Metal and Machinery
  • Chemical
  • Rubber
  • Plastics
  • Food and Beverage
  • Pharmaceutical

Global Warehouse Robotics Market: Regional Analysis

North America [U.S., Canada, Mexico]

Europe [Germany, UK, France, Italy, Rest of Europe]

Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]

South America [Brazil, Argentina, Rest of Latin America]

Middle East & Africa [North Africa, South Africa, Rest of Middle East and Africa]

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