Press release
Piece Picking Robots Market Research Methodologies Offers High Business Outlook growth 2022-2027
The Piece Picking Robots Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Piece Picking Robots market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Piece Picking Robots market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Piece Picking Robots market.The global piece picking robots market was valued at USD 148.1 million in 2020 and it is expected to reach USD 2870.13 million by 2026, registering a CAGR of 62.5%, during the period of 2021-2026.
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Top Leading Companies of Piece Picking Robots Market are - Plus One Robotics Inc., Kindred Systems Inc., Universal Robots A/S, XYZ Robotics Inc., Righthand Robotics Inc., Berkshire Grey Inc., Robomotive BV, Lyro Robotics Pty Ltd., Knapp AG, Grey Orange Pte. Ltd., Handplus Robotics, Dematic Group (KION Group AG), Nomagic Inc., Fizyr B.V., Mujin Inc., Nimble Robotics Inc., Swisslog, Karakuri, Osaro, Covariant, SSI Schaefer and others.
Industry News and Updates:
- July 2020 - FedEx teamed up with San Antonio-based Plus One Robotics and Japanese manufacturer Yaskawa America to implement four new fully operational robotic arms in its small-package sorting system at its Memphis, Tennessee, hub.
- July 2020 - RightHand Robotics chose Intel RealSense D415 depth cameras to guide its RightPick 2 and provide vital data for segmentation and all aspects of motion planning that are needed when sorting and preparing orders. RightHand Robotics offers solutions to deal with the greater pressure that is being put on warehouses and its RightHand robot uses an Intel RealSense D415 that gives it the ability to discern objects and their locations in a bin, while avoiding collisions when pulling them out.
Key Market Trends:
Collaborative Robots to Drive the Market
- Collaborative mobile robots augment humans' work to improve accuracy and by leading warehouse associates to correct pick locations and to utilize UPC scanning, further reducing human error. As, according to HMC Investment Securities, it is expected that, by 2025, the global co-bot market size will reach around USD 12.8 billion, the Piece Picking Robots Market is envisioned to get a boost.
- While the collaborative robot market is relatively new, it's poised for massive growth over the next 10 years. Collaborative robots are robots capable of safely working alongside human workers and becoming more sophisticated and useful inside and outside of factory settings. Collaborative robots are advancing in capability while simultaneously becoming cheaper and more widely available. These two determinants are vital contributors to the explosive market growth ahead.
North America to Account for High Market Share
- The piece picking robots to combine cobots and mobile robots in warehouses and e-commerce fulfillment facilities has benefitted the North American region. Most of the USA robots are imported from Japan and Europe (source: IFR, Sept 2020). Although the presence of numerous important robot system integrators.
- The 3PL companies in the region are increasingly looking at different customer profiles to understand the best applications from their perspectives. Also, multiple trends, such as making investments, encouraging hackathons, trend communities, and startup labs, are being observed. For instance, in 2018, DHL Supply Chain announced a multi-year plan to invest USD 300 million in emerging technologies toward North American operations.
- Likewise, at the same time, intending to develop a productive, efficient, and fully flexible automated warehousing environment, global logistics provider DB Schenker in the United States announced a collaboration with IAM Robotics.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Piece Picking Robots Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Piece Picking Robots Market (%),2016 - 2026
- Piece Picking Robots Market Share, By Brand
- Piece Picking Robots Market Share, By Company
- Piece Picking Robots Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Piece Picking Robots Market Value Analysis & Forecast
- Promising Piece Picking Robots Development by Major Companies
- Detailed Piece Picking Robots Portfolio of the Major Companies
- Major Deals in the Piece Picking Robots Market
- Major Companies Analysis
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- Country Level analysis for any 5 countries of your choice.
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- 40 analyst hours to cover any other data point.
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Irfan Tamboli (Head of Sales) – Market Insights Reports
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sales@marketinsightsreports.com | irfan@marketinsightsreports.com
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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