Global Warehouse Robotics Market | ABB Ltd., FANUC Corporation, Kuka AG, Yaskawa Electric Corporation and Automation Tooling Systems, Inc.

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Global Warehouse Robotics Market

Warehouse robots are autonomous machines that are designed and programmed to perform various material handling tasks. The robots can move from one aisle to another and can handle a wide variety of warehousing tasks, and can also be transferred to other warehouse buildings. There are many types of mobile and fixed robots which synchronously work to convey the inventories across the warehouse. A number of industries has fuelled the deployment of these robots for efficient maneuvering of the inventories. E-commerce retailers are ramping up automation in the warehouses as they race to deliver the goods faster. The interest in robotics continues to grow as they are primarily used for tasks which can be done faster, better, or safely by a machine and also improve productivity of human labor.

Robotics these days are not only restricted to manufacturing, but have achievements in the area of application as well. The major key drivers pacing up the global warehouse robotics market are their ability to simplify and reduce time consumed in the functions, while boosting reliability, accuracy, engaging low work force, and consequently ensuring cost reduction and augmenting productivity. Artificial intelligence has helped to achieve this task and it is majorly driven by the intense competition between offline and online stores as online retailers try hard to reduce the time it takes to deliver products to their customers.

The factors hampering the growth of the global warehouse robotics market are high set up cost and lack of skilled labor force. Huge expenditure is entailed to set up and install warehouse robots. Vendors are trying to bring down the cost involved to increase the adoption rate of this technology. Integration of Industry 4.0 with warehouse robots serves as an opportunity for the warehouse robotics market.

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The global warehouse robotics market is categorized based on type, software, function, payload capacity, industry, and region. Based on type, the market is segmented into mobile robots, articulated robots, cylindrical robots, SCARA robots, parallel robots, and Cartesian robots. On the basis of software, the market is fragmented into warehouse management system, warehouse control system, and warehouse execution system. By function, the warehouse robotics market is divided into pick & place, palletizing & depalletizing, transportation, and packaging.

In terms of payload capacity, the market is segmented into 0.5 kg to 10 kg, 11 kg to 80 kg, 81 kg to 180 kg, 181 kg to 300 kg, 301 kg to 900 kg, and more than 900 kg. The market is further segmented based on industry into E-commerce, automotive, electrical and electronics, metal and machinery, chemical, rubber and plastic, food & beverages, pharmaceuticals and others.
Based on region, the warehouse robotics market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America market is expected to hold the largest share followed by Europe. North American players are emphasizing on modernizing the plants with technological advancements. Asia Pacific is anticipated to be the fastest growing market due to China and Japan having the largest automotive manufacturing base.

Players involved in the designing and development of warehouse robotics are ABB Ltd., FANUC Corporation, Kuka AG, Yaskawa Electric Corporation, Automation Tooling Systems, Inc., Amazon Robotics, Honeywell International, Inc., Omron Corporation, Fetch Robotics, Inc., IAM Robotics, Magazino GmbH, SSI Schaefer AG, Locus Robotics, and Wynright Corp. among others. Geodis, and Locus Robotics are testing a new autonomous system that is designed to improve warehouse productivity, decrease picking errors, and combat labor strains during peak retail seasons.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis

The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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