U.S Warehouse Automation Market to Witness Impressive Growth with AGV and AMR Technologies

As the world becomes more reliant on e-commerce, the demand for warehouse automation continues to grow. With the COVID-19 pandemic accelerating the shift towards online shopping, the need for efficient and accurate warehouse operations has become more critical than ever. To meet this demand, companies are turning to a variety of innovative technologies, such as AGV and AMR robots, IoT, and advanced inventory management software. These tools not only increase efficiency and accuracy but also improve worker safety and reduce the risk of human error. As the market continues to evolve, the race to stay ahead of the competition is driving a new wave of innovation, making warehouse automation an exciting and dynamic field to watch.

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The United States warehouse automation market is seeing rapid growth due to the increasing demand for eCommerce and the need to expedite deliveries. Automation of warehouse operations helps cut down on manual labor, improving accuracy and efficiency through the use of software, hardware, and procedures. The pandemic has forced businesses to review and restructure their logistics systems, increasing the demand for automated guided vehicles (AGV) and autonomous mobile robot (AMR) technology. AGVs are widely used due to their lower labor costs, less product damage, higher production, and scalability.

Several American companies, including Berkshire Grey (BGRY), Cognex (CGNX), Symbotic (SYM), and Zebra Technologies (ZBRA) are involved in the warehouse automation market. In August 2021, Zebra acquired Fetch Robotics to expand its suite of technology for inventory management to include mobile robots. The government has also invested more than USD 250 million in more than 300 groundbreaking research initiatives to develop robots that increase human safety, productivity, and independence. The US IoT logistics market is anticipated to expand due to falling costs and the longer battery lives of IoT sensors.

Further Key Findings:

➧ The economics of automating warehouse operations are becoming more evident as renting a robot costs only USD 8 per hour compared to a minimum wage of USD 15 per hour.
➧ The Internet of Things (IoT) is transforming the contemporary warehouse by tying together and coordinating all the moving parts.
➧ Trends towards stocking more SKUs are being driven by rising consumer expectations, and adaptable and configurable fulfillment systems are needed.
➧ In 2018, there were on average 13,985 SKUs in a warehouse, up from 13,130 the year before, and 38% of American businesses intend to increase the number of SKUs and barcode scanners for improved inventory accuracy.

Overall, the United States warehouse automation market is seeing rapid growth, and flexibility is essential for warehouses to thrive in a constantly changing and unexpected environment. The increasing demand for AGV and AMR technology, government investments, and the Internet of Things are driving the expansion of future warehouse automation.

➧Find out more:- https://www.makreo.com/report/united-states-warehouse-automation-market-revenue-forecast-2023-2028-by-technology-agv-amr-picking-systems-storage-systems-conveyor-sortation-systems

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This release was published on openPR.