Warehouse Robotics Market: Changing the Fulfillment Paradigm | Growing at a CAGR of 13.2%

According to a new report published by Allied Market Research, titled, The global warehouse robotics market size was valued at $4.4 billion in 2020 and is projected to reach $15.7 billion by 2030, growing at a CAGR of 13.2% from 2020 to 2030.

Warehouse robotics includes automated systems such as software and bagging machine that help speed up the packaging operations. Robots are used in warehouses for applications such as pick-placing, transportation, packaging, and palletizing. The integration of warehouse and robotics technology ensures accuracy and facilitates automation apart from increasing the storage space and operation efficiency of warehouses.

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The global warehouse robotics market growth is driven by the surge in demand for automation due to the intense competition in e-commerce sector, rise in the number of stock-keeping units, and advancements in technology.

Leading Players:

The key players operating in the warehouse robotics industry include ABB Ltd., Fanuc Corp., Kuka AG, Yaskawa, Electric Corp., Amazon Robotics (Amazon.com Inc.), Yamaha Robotics, Fetch Robotics Inc., Locus Robotics, Omron Corporation, Honeywell International Inc., and Siemens AG.

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Warehouse Robotics Market Key Segments:

BY PRODUCT TYPE -

Mobile Robots
Articulated Robots
Cylindrical Robots
Parallel Robots
Cartesian Robots
SCARA Robots

BY FUNCTION -

Pick & Place
Assembling & Dissembling
Transportation
Packaging

Key Findings Of Study -

- The report provides an extensive analysis of the current and emerging global warehouse robotics market trends and dynamics.
- By type, the mobile robots segment dominated the market in terms of revenue in 2020.
- By function, the packaging segment registered the highest growth in terms of revenue in the global market of warehouse robotics in 2020.
- By end user, the e-commerce segment is projected to register the highest growth rate in the coming years.
- The report provides an extensive analysis of the trends and emerging opportunities of the market.
- In depth, the global warehouse robotics market analysis is conducted by constructing estimations for the key segments between 2020 and 2030.

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About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

This release was published on openPR.