Press release
COVID-19 UPDATE: Industrial Robots (Warehousing and Storage Robots) Market 2020-2030 | Top Key Players ABB, Amazon, Yaskawa Electric Corp, Honeywell Intelligrated, Omron Corporation, Fetch Robotics, Inc.
Industrial Robots Market
The global industrial robots market is expected to decline from $3.39 billion in 2019 to $3.05 billion in 2020 at a compound annual growth rate (CAGR) of -10.0%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and reach $4.66 billion in 2023 at CAGR of 15.23%.
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The industrial robots in warehousing and storage market consist of sales of the automated robots, systems which are used in warehouse and related services. Warehouse and storage robots perform various tasks, automate the warehouse process. Industrial robots in warehousing and storage are used to do tasks such as lift and arrange heavy products that are to be stored in racks or given spaces.
Accelerated movement of goods inside the warehouse drove the industrial robots in the warehouse and storage market. The increase in movement of goods is due to the boom in the E-commerce industry and their commitment of shortest-time delivery. Industrial robots are used to speed up the process in warehouses and storage industry. For instance, shopify started using warehouse robots in 2019 to reduce the delay in the movement of goods in the warehouse, increasing the speed of the delivery. Accelerated movement of goods inside the warehouse drove the industrial robots in the warehouse and storage market.
Industrial Robots Market Segmentation: -
By Product Type
Mobile Robots
Articulated Robots
Cylindrical Robots
SCARA Robots
Parallel Robots
Cartesian Robots
By Function
Pick & Place
Palletizing & De-palletizing
Transportation
Packaging
By Application
E-commerce
Automotive
Consumer Electronics
Food & Beverage
Healthcare
Others
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Few Points From Table Of Content
1. Executive Summary
2. Industrial Robots Market Characteristics
3. Industrial Robots Market Size And Growth
4. Industrial Robots Market Segmentation
5. Industrial Robots Market Regional And Country Analysis
......
25. Industrial Robots Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Industrial Robots Market
27. Industrial Robots Market Trends And Strategies
28. Industrial Robots Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the Industrial Robots Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the Industrial Robots Market are David Chapman`s Ice Cream Ltd., Fifty 50 Food Inc, Nestlé SA , Unilever Plc., Mars Incorporated, The Coca-Cola Company, PepsiCo Inc., Kellogg Co., Cadbury Plc., Zen Health Japan Co. Ltd.
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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