Press release
Comprehensive Warehouse Robotics Market Insights: Forecasting Size, Growth, and Competitive Trends from 2025 to 2034
Warehouse Robotics Market
The expansion of the online retail industry is catalyzing the rise of the warehouse robotics market. Online commerce, which involves buying and selling goods and services via the Internet, requires the use of automated warehouse robots to transform material transportation from manual to automated in any facility and streamline warehouse operations. This sector has become the most revolutionary industry in this regard. For example, in 2022, there was a 44% jump in sales, with over 86,000 units sold. Interestingly, there was a spike in the demand for robots made for cooperative indoor uses, with a significant rise of 78%, resulting in close to 37,300 units sold. Moreover, robot sales specifically for food and drink delivery in eateries experienced a staggering 125% increase, with over 24,500 units being sold. These developments highlight the increasing incorporation of robots in different fields, particularly in improving service effectiveness in the hospitality industry. Consequently, the surge in online retail is driving the growth of the warehouse robotics market.
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What growth opportunities are expected to drive the warehouse robotics market's CAGR through 2034?
In the past few years, the size of the warehouse robotics market has expanded quickly. The market size is projected to increase from $5.49 billion in 2024 to $6.3 billion by 2025, with a compound annual growth rate (CAGR) of 14.6%. Factors such as labor shortage, government backing, industrial sector expansion, a reduction in the cost of robotic hardware, and enhanced warehouse safety have contributed to the growth observed in the historic period.
The market size of warehouse robotics is projected to experience swift expansion in the coming few years. It is anticipated to amplify to $10.8 billion by 2029, at a compound annual growth rate (CAGR) of 14.5%. The rise through the forecast period could be a result of the escalating demand from e-commerce and third-party logistics (3pl) providers, swift industrialization in burgeoning economies, surging request for automation in warehouses, and increasing knowledge about advanced safety at the workplace, besides ESG (environmental, social, and governance) considerations. Notable trends anticipated through the forecast period include collaborative robots (cobots), AI-induced automation, autonomous mobile robots (amrs), strategic alliances, and collaborations with numerous startup firms, as well as last-mile delivery robots.
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What are the emerging trends shaping the future of the warehouse robotics market?
The application of artificial intelligence (AI) driven robotic systems in warehouses is currently influencing the warehouse robotics market. AI is a computer or computer-controlled system that mimics human intelligence to carry out tasks typically done by intelligent individuals. Leading companies are now using AI-enhanced warehouse robotic systems to automate repetitive packing and picking processes and manage complex manipulations under unforeseen circumstances. For example, AI-powered robotic solution was launched in its UK warehouse by the Denmark-based shipping company A.P. Møller - Mærsk A/S in July 2023, offering numerous features aimed at significantly improving warehouse operations. The modern Robotic Shuttle Put Wall System from Berkshire Grey has introduced automation and efficiency into their 685,000 sq ft space. This system not only sorts orders three times faster than traditional manual methods but also excels in upstream batch inventory picking, thereby improving efficiency by 33%. Additionally, it can manage 100% of the typical stock keeping unit (SKU) varieties, order profiles, and packages.
Which growth-oriented segments of the warehouse robotics market are leading the industry's development?
The warehouse robotics market covered in this report is segmented -
1) By Type: SCARA Robots, Cylindrical Robots, Parallel Robots, Mobile Robots, Gantry Robots, Stationery Articulated Robots
2) By System Type: Knapp Open Shuttle, Locus Robotics System, Fetch Robotics Freight, Scallog System, Swisslog Carry Pick
3) By Function: Pick And Place, Assembling Dissembling, Transportation, Packaging
4) By End-User: E-Commerce, Automotive, Food And Beverages, Electronics And Electrical, Metal And Machinery, Pharmaceuticals, Other End-Users
Subsegments:
1) By SCARA Robots: Horizontal SCARA Robots, Vertical SCARA Robots
2) By Cylindrical Robots: Vertical Cylindrical Robots, Horizontal Cylindrical Robots
3) By Parallel Robots: Delta Robots, Other Parallel Kinematics Robots
4) By Mobile Robots: Automated Guided Vehicles (AGVs), Autonomous Mobile Robots (AMRs)
5) By Gantry Robots: Cartesian Gantry Robots, Overhead Gantry Systems
6) By Stationery Articulated Robots: 6-Axis Articulated Robots, 5-Axis Articulated Robots
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What regions are leading the charge in the warehouse robotics market?
North America was the largest region in the warehouse robotics market share in 2024. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the warehouse robotics market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
What companies are at the forefront of innovation in the warehouse robotics market?
Major companies operating in the warehouse robotics market include ABB Ltd., Honeywell International Inc., Fanuc Corporation, Amazon Robotics LLC, KUKA Aktiengesellschaft, Yaskawa Electric Corporation, Attabotics Inc., Omron Corporation, Daifuku Co. Ltd., Toshiba Corporation, Yamaha Robotics, Locus Robotics Corporation, Bastian Solutions LLC, GreyOrange Pte. Ltd., Kion Group AG, Fetch Robotics Inc., SSI Schaefer Systems International Holding AG, Swisslog Holding AG, Knapp AG, Dematic Corp., IAM Robotics LLC, Vecna Robotics Inc., Geek Plus Robotics Co. Ltd., Magazino GmbH, RightHand Robotics Inc., Boston Dynamics Inc., Clearpath Robotics Inc., Mobile Industrial Robots ApS, Seegrid Corporation, Universal Robots A/S, Waypoint Robotics Inc., BlueBotics SA, Energid Technologies Corporation, Kinova Inc., Soft Robotics Inc., Tompkins Robotics LLC
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What Is Covered In The Warehouse Robotics Global Market Report?
•Market Size Forecast: Examine the warehouse robotics market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the warehouse robotics market for a structured understanding.
•Key Players Overview: Analyze major players in the warehouse robotics market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the warehouse robotics market.
•Segment Contributions: Evaluate how different segments drive overall growth in the warehouse robotics market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the warehouse robotics market.
•Industry Challenges: Identify potential risks and obstacles affecting the warehouse robotics market.
•Competitive Landscape: Review strategic developments in the warehouse robotics market, including expansions, agreements, and new product launches.
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