Aug 26, 2024
6 mins read
6 mins read

Warehouse Robotics Market: Understanding Size, Share, Growth, and Trends

Warehouse Robotics Market: Understanding  Size, Share, Growth, and Trends

Fortune business insights recently published a detailed market research study focused on the “The warehouse robotics market share Report 2024” delivering key insights and providing a competitive advantage to clients through a detailed report. Warehouse Robotics Market Size, Share & Industry Analysis, By Product Type (Autonomous Mobile Robots, Automated Guided Vehicles, Articulated Robots, Collaborative Robots, and Others), By Application (Picking & Placing, Palletizing & Depalletizing, Transportation, and Packing), End-User Industry (Food & Beverage, Electronics & Electrical, Automotive, Pharmaceuticals, Independent Warehouse, E-Commerce, and Others), Payload Capacity (Below 200 Kg, 200 to 400 Kg, 400 to 600 Kg, 600 to 900 Kg, and Above 900 Kg), and Regional Forecast, 2023-2030

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The competitive landscape of the market for warehouse robotics market is determined by assessing the major industry participants, production capacity, production capacity utilization rate, warehouse robotics marketM’s production chain, pricing by each manufacturer and the revenue generated by each manufacturer in the warehouse robotics marketM globally.

Top key players of warehouse robotics market:

  • ABB Ltd. (Switzerland)
  • FANUC Corporation (Japan)
  • Hikvision (Hikrobot) (China)
  • KION Group AG (Germany)
  • Daifuku (Japan)
  • Omron Corporation (Japan)
  • KUKA AG (Germany)
  • JBT (U.S.)
  • SSI Schaefer (U.S.)
  • Yaskawa Motoman (Japan)
  • Locus Robotics (U.S.)

Market atributes:

Report ComponantAspects
Forecast Period2022-2030
Projected market valuve 2022USD 4.86 billion
Forecasted market valuve 2030USD 12.99 billion
Compound Annual Growth Rate13.8

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Drivers and restraints:

  • Driver: Rising Demand for Efficient Warehouse Operations

    The growing need for improved efficiency in warehouse operations drives the adoption of warehouse robotics, which streamline inventory management, reduce labor costs, and enhance operational throughput.

  • Driver: Technological Advancements in Robotics

    Recent advancements in robotics technology, including enhanced sensors, AI, and machine learning, improve the capabilities of warehouse robots, making them more effective and appealing for modern warehouses.

  • Driver: Growth of E-Commerce and Omnichannel Retailing

    The rapid expansion of e-commerce and omnichannel retailing creates increased demand for efficient warehousing solutions, driving the need for robots that can handle high volumes of orders and manage complex inventory systems.

  • Restraint: High Initial Investment

    The substantial upfront costs associated with purchasing and implementing warehouse robotics can be a barrier for smaller businesses and warehouses with limited budgets.

  • Restraint: Integration and Maintenance Challenges

    Integrating warehouse robots into existing systems can be complex and may require significant modifications, while ongoing maintenance and technical support can add to operational costs and impact overall efficiency.

Regional analysis:

  • North America (By Product Type, Application, End-User Industry, Payload Capacity, and Country)
    • U.S. (By Product Type)
    • Canada (By Product Type)
    • Mexico (By Product Type)
  • Europe (By Product Type, Application, End-User Industry, Payload Capacity, and Country)
    • U.K. (By Product Type)
    • Germany (By Product Type)
    • Italy (By Product Type
    • France (By Product Type)
    • Spain (By Product Type)
    • Rest of Europe
  • Asia Pacific (By Product Type, Application, End-User Industry, Payload Capacity, and Country)
    • China (By Product Type)
    • India (By Product Type)
    • Japan (By Product Type)
    • South Korea (By Product Type)
    • Rest of Asia Pacific
  • Middle East & Africa (By Product Type, Application, End-User Industry, Payload Capacity, and Country)
    • South Africa (By Product Type)
    • GCC (By Product Type)
    • Rest of the Middle East & Africa
  • South America (By Product Type, Application, End-User Industry, Payload Capacity, and Country)
    • Brazil (By Product Type)
    • Argentina (By Product Type)
    • Rest of South America

Table of Content :

  • Introduction
    • Research Scope
    • Market Segmentation
    • Research Methodology
    • Definitions and Assumptions
  • Executive Summary
  • Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities
  • Key Insights
    • Key Industry Developments – Merger, Acquisitions, and Partnerships
    • Porter’s Five Forces Analysis
    • SWOT Analysis
    • Technological Developments
    • Value Chain Analysis

TOC Continued…!

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Key industry developments:

  • May 2023: DHL announced the introduction of 5,000 autonomous mobile robots across its warehouse in partnership with Locus Robotics, and is expected to take over the warehouse's picking, packing, and distribution tasks.
  • May 2023: DF Automation & Robotics Sdn Bhd launched a new brand logo of AMR known as TITAN. TITAN-branded warehouse robots are built for carrying heavy weights up to 1.5 tonnes. 
  • March 2023: South Korean manufacturer Thira Robotics has developed a new autonomous mobile robot in the U.S. market that provides navigation facilities in changing surroundings.
  • November 2022: Smart Robotics launched a robotic merchandise picker for warehouse and logistics processes for pick and place applications. The collaborative robot enables the picking and placing of lightweight products and the sorting of warehouse inventory stocks.
  • September 2022: ABB Ltd. launched a new range of AMRs named Flexley mobile Robots after rebranding ASTI mobile robotics indicating the flexibility of operations that Autonomous mobile robots offer.
  • January 2022: ANSCER Robotics, an Indian startup, introduced its range of autonomous mobile robots for several end-use sectors such as automotive, electronics, FMCG, and healthcare.

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Key questions are answer in this report:

  • What is the market size of warehouse robotics market 2024?
  • Who are top key players in this report?
  • what are drivers in the warehouse robotics industry?
  • what is the future projection of warehouse robotics industry?
Vikas H