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Industrial Robots (Warehousing and Storage Robots) Market Size, Share, Trends, Growth Analysis And Forecast 2024-2033
Industrial Robots (Warehousing and Storage Robots) Market Size
As per the report, 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 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%.
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Accelerated Warehouse Operations Propel Growth In Industrial Robots Market
The accelerated movement of goods inside the warehouse drove the industrial robots in the warehouse and storage market. The increase in the movement of goods is due to the boom in the e-commerce industry and their commitment to shortest-time delivery. Industrial robots are used to speed up the process in the warehouse and storage industry. For instance, in 2022, Geodis signed an expanded agreement with Locus Robotics, an autonomous mobile robots (AMRs) supplier, to deploy 1,000 AMR robots at warehouses globally. The accelerated movement of goods inside the warehouse drove the industrial robots in the warehouse and storage market.
Automation Revolutionizes Warehouse Picking Process For Faster E-Commerce Fulfillment
The picking process in the warehouse is increasingly being automated, with increased demand in the e-commerce industry, to reduce the pickup time of items. The automated robot gathers items and brings them to a central location, where an employee can fulfill orders quickly. For instance, Ocado, a British supermarket, started using a grid of picking robots in the warehouse that picks the ordered items and delivers them into crates, which are moved onto conveyors and carried to shelves where an employee picks the crate and delivers the order to the customer, helping to deliver the groceries fast.
The industrial robots(warehousing and storage robots) market covered in this report is segmented -
1) By Product Type: Mobile Robots, Articulated Robots, Cylindrical Robots, SCARA Robots, Parallel Robots, Cartesian Robots
2) By Function: Pick And Place, Palletizing And De-palletizing, Transportation, Packaging
3) By Application: E-commerce, Automotive, Consumer Electronics, Food And Beverage, Healthcare, Other Applications
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Major companies operating in the industrial robots(warehousing and storage robots) market include 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.
Contents of the report:
1. Executive Summary
2. Industrial Robots (Warehousing and Storage Robots) Market Report Structure
3. Industrial Robots (Warehousing and Storage Robots) Market Trends And Strategies
4. Industrial Robots (Warehousing and Storage Robots) Market - Macro Economic Scenario
5. Industrial Robots (Warehousing and Storage Robots) Market Size And Growth
…..
27. Industrial Robots (Warehousing and Storage Robots) Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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