Warehouse Robotics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Warehouse Robotics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

  • April 2022 •
  • 144 pages •
  • Report ID: 6269469 •
  • Format: PDF
The global warehouse robotics market reached a value of US$ 5.04 Billion in 2021. Looking forward, the analyst expects the market to reach a value of US$ 11.3 Billion by 2027, exhibiting a CAGR of 13.20% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Warehouse robotics is a computer-controlled solution used for transportation of materials and streamlining and automating warehouse processes. It utilizes specialized machines and software solutions for pick-place, packing, transportation, packaging and palletizing of material and products with enhanced accuracy. Warehouse robotics includes industrial robots, sortation, conveyors, autonomous mobile robots (AMR) and automated storage and retrieval systems (AS/RS). They use computer systems, onboard sensors, magnetic strips, infrared cameras and integrated maps to navigate workspaces, identify obstacles, avoid collisions and deliver inventory around the warehouse. These robots aid in minimizing redundant processes and are not prone to fatigue and frequent wear and tear. As a result, warehouse robotics finds extensive applications across various industries, including food and beverage, automotive, pharmaceutical and retail. Warehouse Robotics Market Trends:
Significant growth in the e-commerce industry across the globe is among the key factors creating a positive outlook for the market. Warehouse robotics offers enhanced convenience to the consumers by minimizing overall business and operational costs and human errors in product deliveries. Moreover, the widespread adoption of AS/RS systems across industries is providing a thrust to the market growth. The system operates through cranes and shuttles on fixed tracks to facilitate speedy retrieval and placement of products in aisles and vertical columns. Additionally, various technological advancements, such as the integration of connected devices with the Industrial Internet of Things (IIoT), cloud computing and artificial intelligence (AI) solutions, are acting as other growth-inducing factors. These technologies offer improved object perception and positioning that facilitate efficient material batching, picking, ordering, packaging, warehouse security and inspection. Other factors, including the increasing automation across industries, along with the rapid modernization of existing small and medium-scale warehouses, are anticipated to drive the market toward growth.

Key Market Segmentation:
the analyst provides an analysis of the key trends in each sub-segment of the global warehouse robotics market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, function and end user.

Breakup by Type:
Automated Storage and Retrieval System (ASRS)

Breakup by Function: Storage

Breakup by End User:
Food and Beverages
Electronics and Electrical

Breakup by Region: North America
United States
South Korea
United Kingdom
Latin America
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being ABB Ltd., Amazon.com Inc., Fanuc Corp., Fetch Robotics Inc., Honeywell International Inc., Kuka AG, Locus Robotics, Omron Corporation, Siemens AG., Yamaha Motor Co. Ltd. and Yaskawa Electric Corp.

Key Questions Answered in This Report:
How has the global warehouse robotics market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global warehouse robotics market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the function?
What is the breakup of the market based on the end user?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global warehouse robotics market and who are the key players?
What is the degree of competition in the industry?