Warehouse Automation Market Top Key Players - Fetch Robotics, Geek+, Fabric, Righthand Robotics, Jasoren, SCANDIT, Locus, Openledger

Warehouse is a strategic decoupling point in the supply chain, which helps businesses to match demand with supply and help tackle the uncertainties. Warehouse has five basic operations to perform: Receiving, Put-away, storage, order picking and shipping.

The emergence of the Industrial Internet of Things (IIoT) and the advent of a network of connected systems are helping industries perform a multitude of tasks, such as material batching, picking, ordering, packaging, warehouse security, and inspection, as well as improve the operational efficiency by huge margins.

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GLOBAL WAREHOUSING AUTOMATION MARKET TRENDS

Warehouse operations contribute to a majority of resource consumption. As various companies demand new solutions to improve warehouses’ efficiency and reduce cost, the deployment of warehouse robots is set to increase.

For instance, Alibaba, the world’s largest retailer, has upgraded to robotic labour in one of its warehouses. This has resulted in dramatically reducing the labour workforce by 70% by creating an opportunity for a highly-skilled workforce.

Mobile robots are witnessing high growth in small and medium warehouses with smaller pallet sizes. In contrast, the industrial applications in large warehouses dedicated to food and beverage demand articulated and palletizing robots. The growth in overall automation levels allows processing and packaging plants to introduce new products on the same assembly lines.

WAREHOUSE AUTOMATION MARKET SEGMENTATION

By Technology
• AS/RS
• Conveyors
• Order Picking
• AGV/AMR
• Others

By Function
• Inbound
• Picking
• Outbound

By Industry Verticals
• 3PL
• E-Commerce
• FMCG
• Pharmaceutical
• Others

By Geography
• US
• Europe
• Asia Pcific
• Middle East and Latin America

COVID-19 IMPACT ON WAREHOUSE AUTOMATION MARKET

Automation plays a featured role during the pandemic that supports social distancing and avoiding contaminated arenas. The COVID-19 outbreak has a widespread impact on the supply chain network and capacity layout of many organizations.

In India, corporates like Mahindra, Shriram Pistons, Tata Steel, Tata Motors, CEAT Tyres, Maruti and VE Commercial Vehicles are seeking interest in adopting automation technology for manufacturing sites.

COMPETITIVE LANDSCAPE

The impact of the pandemic on the warehouse industry will have long lasting effects on the industrial sector. From concerns of worker safety to the rush to keep up with the surge in e-commerce orders, the need for increased warehouse automation became evident.

COMPANY PROFILES

6 River Systems
Fetch Robotics
Geek+
Fabric
Righthand Robotics
Jasoren
SCANDIT
Locus
Openledger
Everledger
ABB Ltd.
Amazon Robotics
FANUC Corporation
Geodis
Honeywell International
IAM Robotics
KUKA
SSI Schaefer AG
Wynright Corp.
Omron Corporation
Yaskawa Electric Corporation

Read More Information: https://mobilityforesights.com/product/warehouse-automation-market/

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This release was published on openPR.