Fortune Business Insights’ latest report, titled “Warehouse Robotics Market 2024, Growth Opportunities, and Forecast,” provides actionable insights into the Machinery & Equipment industry. The report features demand analysis, industry insights, competitive intelligence, and a customer database. The Warehouse Robotics Market research report offers a comprehensive assessment of the market by providing strategic insights into future trends, growth factors, supplier and demand landscapes, year-on-year growth rate, CAGR, and pricing analysis. It also provides a number of business matrices, including Porter’s Five Forces Analysis, PESTLE Analysis, Value Chain Analysis, Four Ps Analysis, Market Attractiveness Analysis, BPS Analysis, and Ecosystem Analysis.
The global warehouse robotics market size was valued at USD 4.86 billion in 2022 and is projected to grow from USD 5.26 billion in 2023 to USD 12.99 billion by 2030, exhibiting a CAGR of 13.8% during the forecast period. Asia-Pacific dominated the warehouse robotics industry with a market share of 49.58% in 2022.
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Industry developments of warehouse robotics market:
- 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.
- 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.
- South Korean manufacturer Thira Robotics has developed a new autonomous mobile robot in the U.S. market that provides navigation facilities in changing surroundings.
- 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.
- 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.
- 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.)
- 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
- 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
- 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.
- How big will the warehouse robotics market market be in 2024?
- Who are the main important figures that this report identifies?
- Which are the main forces behind the warehouse robotics industry?
- What are the warehouse robotics industry’s projected futures?
Top Companies of warehouse robotics market:
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Warehouse Robotics Market Segmentation
Warehouse Robotics Market Share, Size & 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 Between, 2023-2030
Reasons to buy this report:
The present state of the market, trends, growth areas, and competitive dynamics in the warehouse robotics market are all thoroughly examined in this report. It helps companies to see areas for expansion and improvement while pointing out possible difficulties and dangers. The report’s evaluation of product portfolios and business segments helps stakeholders make better-informed investments and market strategies.
Developing successful success strategies in the warehouse robotics market can be facilitated and decision-making greatly enhanced by having a solid understanding of the industry dynamics described in the report. All things considered, this report is a great resource for anyone looking for in-depth knowledge about this quickly evolving industry.
Regional Atributes:
Table of Contents:
TOC Continued…!
Warehouse Robotics Market Drivers and restrains:
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