The global warehouse robotics market is estimated to grow at a CAGR of 10.8% during the forecast period. Warehouse robots are gaining significance to carry out several activities in warehouses, such as pick & place, transportation, packaging, assembling & dissembling, and transshipment. Most warehouse managers are looking for robots to minimize human movement and increase safety in the facility. The developments in sensors, artificial intelligence (AI) and mobility support robots to be easily deployed virtually at any place. Companies, including Bleum, IAM Robotics, and GreyOrange offer mobile robotic picking solutions that can increase efficiency in the operations. Such robots usually carry carts and are programmed for traveling flexible routes within the facility.
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The major factors contributing to the growth of warehouse robotics industry include the rising e-commerce industry and rapid industrialization across the globe. Growing internet penetration and adoption of smartphones are primarily encouraging the growth of the e-commerce industry. As per the United Nations Conference on Trade and Development (UNCTAD), the global e-commerce sales increased 13% in 2017, hitting an estimated $29 trillion. In 2017, the top countries by e-commerce sales were the US, Japan, China, and Germany with nearly $8.9 trillion, $3 trillion, $1.9 trillion and $1.5 trillion, respectively.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Warehouse Robotics Market Segmentation
By Type
- Mobile
- Articulated
- SCARA
- Cartesian
- Others
By Function
- Pick & Place
- Transportation
- Packaging
- Assembling & Dissembling
- Others
By End-User
- Retail
- Food & Beverage
- Pharmaceutical
- Automotive
- Electronics
- Others (Paper & Printing and Metal)
Warehouse Robotics Market – Segment by Region
North America
- US
- Canada
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
The Report Covers
- Market value data analysis of 2018 and forecast to 2025.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global warehouse robotics market. Based on the availability of data, information related to products and services, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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