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Industrial Robots (Warehousing and Storage Robots) Market Analysis, Trends, Growth, Research And Forecast 2033
Industrial Robots (Warehousing and Storage Robots) Market
The Business Research Company's Industrial Robots (Warehousing and Storage Robots) Global Market Report 2024 identifies the rising investments in warehouse automation as the major driver for the industrial robots (warehousing and storage robots) market's growth in the forecast period. Warehouse automation refers to the application of advanced technologies and systems to streamline and optimize various warehouse operations. The increasing investments in warehouse automation fuel the demand for advanced robotic solutions that can enhance efficiency, reduce operational costs, and improve overall warehouse productivity. These investments enable the adoption of robots to meet the evolving demands of automated warehousing systems.
The industrial robots(warehousing and storage robots) market size has grown rapidly in recent years. It will grow from $6.48 billion in 2023 to $7.5 billion in 2024 at a compound annual growth rate (CAGR) of 15.6%. The growth in the historic period can be attributed to e-commerce growth, labor shortages, automation and productivity, supply chain optimization, rising costs of labor, government support for automation and robotics.
The industrial robots(warehousing and storage robots) market size is expected to see rapid growth in the next few years. It will grow to $13.13 billion in 2028 at a compound annual growth rate (CAGR) of 15.0%. The growth in the forecast period can be attributed to customization and scalability, environmental and sustainability goals, need to improve operational efficiency, need to meet the demands of modern supply chain dynamics. Major trends in the forecast period include advanced technology integration, robotic picking and packing, autonomous mobile robots, real-time data and analytics, ai-driven decision making, collaborative robots, advancements in robotic technology.
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Major competitors in the industrial robots (warehousing and storage robots) market are ABB Ltd., Yaskawa Electric Corp, KUKA AG (Keller und Knappich Augsburg), Fanuc Corp., Mitsubishi Electric Corporation, Amazon, Honeywell Intelligrated, Omron Corporation, Fetch Robotics Inc., Fanuc Corp, Bastian Solutions, Yamaha Robotics, Siemens AG., Locus Robotics, Daifuku Co. Ltd., Dematic, KNAPP AG, AGVE Group, BlueBotics SA, Clearpath Robotics, GreyOrange, IAM Robotics, inVia Robotics, Kardex Group, KION Group AG, Kiva Systems, Kollmorgen, Magazino GmbH, MiR (Mobile Industrial Robots), RightHand Robotics, SSI SCHAEFER, Swisslog Holding AG, Teradyne Inc., Vecna Robotics, Vanderlande Industries BV, Zebra Technologies Corp.
A key trend in the industrial robots (warehousing and storage robots) market includes technological advancement. Major companies operating in industrial robots in the warehousing and storage market are innovating new smart robotic technologies to gain a competitive edge in the market. Smart warehouse robots are a type of technology-driven warehouse automation that uses robots to streamline internal processes and optimize warehousing operations. For instance, in September 2021, Honeywell International Inc., a US-based multinational corporation, launched the Smart Flexible Depalletizer, a robotic solution designed to automate the manual process of unloading pallets in warehouses and distribution centers. This innovative technology leverages machine learning, advanced vision, and gripping technologies to reduce the need for manual labor, mitigate the risk of injuries, and address labor shortages in pallet unloading tasks. The depalletizer uses an articulated robotic arm guided by advanced vision and perception technologies to pick cases from single- or mixed-SKU pallets with precision. It operates consistently over multiple shifts, enhancing throughput while minimizing human intervention. This solution aims to improve operational efficiency and safety in distribution centers dealing with the daily unpacking of multiple pallets daily.
Read More On The Global Industrial Robots (Warehousing and Storage Robots) Market Report Here:
https://www.thebusinessresearchcompany.com/report/industrial-robots-warehousing-and-storage-robots-global-market-report
The industrial robots (warehousing and storage robots) market is segmented -
• By Product Type: Mobile Robots, Articulated Robots, Cylindrical Robots, SCARA Robots, Parallel Robots, Cartesian Robots
• By Function: Pick And Place, Palletizing And De-palletizing, Transportation, Packaging
• By Application: E-commerce, Automotive, Consumer Electronics, Food And Beverage, Healthcare, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the industrial robots (warehousing and storage robots) market.
The Business Research Company's "Global Industrial Robots (Warehousing and Storage Robots) Market Report 2024" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Industrial Robots (Warehousing and Storage Robots) Market Include:
1. Executive Summary
2. Industrial Robots (Warehousing and Storage Robots) Market Characteristics
3. Industrial Robots (Warehousing and Storage Robots) Market Trends And Strategies
4. Industrial Robots (Warehousing and Storage Robots) Market - Macro Economic Scenario
5. Global Industrial Robots (Warehousing and Storage Robots) Market Size and Growth
……
31. Global Industrial Robots (Warehousing and Storage Robots) Market Competitive Benchmarking
32. Global Industrial Robots (Warehousing and Storage Robots) Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Industrial Robots (Warehousing and Storage Robots) Market
34. Industrial Robots (Warehousing and Storage Robots) Market Future Outlook and Potential Analysis
35. Appendix
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