Warehouse Robotics Market to see Rapid Growth by 2029

Warehouse robotics market is estimated to grow at a CAGR of 10.8% during the forecast period. Warehouse robots are gaining significance to carry out several activities in warehouses, such as pick & place, transportation, packaging, assembling & dissembling, and transshipment. Most warehouse managers are looking for robots to minimize human movement and increase safety in the facility. The developments in sensors, artificial intelligence (AI) and mobility support robots to be easily deployed virtually at any place. Companies, including Bleum, IAM Robotics, and GreyOrange offer mobile robotic picking solutions that can increase efficiency in the operations. Such robots usually carry carts and are programmed for traveling flexible routes within the facility.

The major factors contributing to the growth of warehouse robotics industry include the rising e-commerce industry and rapid industrialization across the globe. Growing internet penetration and adoption of smartphones are primarily encouraging the growth of the e-commerce industry. As per the United Nations Conference on Trade and Development (UNCTAD), the global e-commerce sales increased 13% in 2017, hitting an estimated $29 trillion. In 2017, the top countries by e-commerce sales were the US, Japan, China, and Germany with nearly $8.9 trillion, $3 trillion, $1.9 trillion and $1.5 trillion, respectively.

To keep up with the demand for online sales, there is a significant need for warehouse centers which results in the adoption of warehousing robots. The robots are used to speed up picking and loading processes and reduces the need for manual tasks. As a result, e-commerce companies are adopting warehouse robots to increase efficiency in the process. For instance, Amazon is using robots at its warehouse facilities in the US to scan and box items to be sent to the customers. The emerging focus on warehousing automation leads the adoption of robots in the facility, which in turn, is encouraging the growth of the market.

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Warehouse Robotics Market Segmentation

By Type

· Mobile

· Articulated

· SCARA

· Cartesian

· Others

By Function

· Pick & Place

· Transportation

· Packaging

· Assembling & Dissembling

· Others

By End-User

· Retail

· Food & Beverage

· Pharmaceutical

· Automotive

· Electronics

· Others (Paper & Printing and Metal)

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Warehouse Robotics Market - Segment by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

• Latin America

• Middle East and Africa

Company Profiles

· ABB Ltd.

· Addverb Technologies Pvt. Ltd.

· Aethon, Inc. (Singapore Technologies Engineering Ltd.)

· Amazon Robotics

· ATS Automation Tooling Systems Inc.

· Bastian Solutions, Inc.

· Bleum, Inc.

· Daifuku Co., Ltd.

· Falcon Autotech Private Ltd.

· Fanuc Corp.

· Fetch Robotics, Inc.

· Grey Orange Pte. Ltd.

· Honeywell International, Inc.

· IAM Robotics

· inVia Robotics, Inc.

· John Bean Technologies (JBT) Corp.

· Kawasaki Heavy Industries, Ltd.

· KION Group AG

· KNAPP AG

· Kuka AG

· Locus Robotics

· Magazino GmbH

· Omron Corp.

· RA Rodriguez (UK) Ltd.

· Robert Bosch GmbH

· SSI SCHAEFER Group

· System Logistics Spa

· Toshiba Corp.

· Yamaha Motor Co., Ltd.

· YASKAWA Electric Corp.

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