The value of the global warehouse robot market was USD 3.97 billion in 2020 and is expected to reach USD 7.63 billion by 2026 and grow at a CAGR of 11% over the forecast period (2021-2027). The advent of the Industrial Internet of Things (IIoT) and the advent of a network of connected systems are helping industries perform and improve a variety of tasks such as material placement, picking, ordering, packaging, warehouse security and inspection, as well as Operational efficiency with huge margins.
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Warehouse Robotics Market Segments:
By Type
• SCARA Robots
• Cylindrical Robots
• Parallel Robots
• Mobile Robots
• Gantry Robots
• Stationery Articulated Robots
By Function
• Pick & Place
• Assemblingdissembling
• Transportation
• Packaging
By End-user
• E-commerce
• Automotive
• Food & Beverages
• Electronics & Electrical
• Metal & Machinery
• Pharmaceuticals
• Others.
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(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
