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Navigating the Future: Industrial Robots (Warehousing and Storage Robots) Market Trends and Forecast Insights, 2025 Edition
Industrial Robots (Warehousing and Storage Robots)
Industrial Robots (Warehousing and Storage Robots) Market Size Growth Forecast: What to Expect by 2025?
The market for industrial robots, specifically those utilized in warehousing and storage, has seen swift expansion in recent times. It's projected to surge from $7.51 billion in 2024 to $8.68 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 15.6%. The market's growth in the past years is tied to factors such as industrialization, food safety and regulations, cold chain logistics, and environmental issues.
How Will the Industrial Robots (Warehousing and Storage Robots) Market Size Evolve and Grow by 2029?
In the coming years, the market size of industrial robots, specifically warehousing and storage robots, is projected to experience accelerated growth. By 2029, it is estimated to reach a value of $15.13 billion, with a CAGR of 14.9%. The predicted growth in the forecast period is attributed to factors such as population increase, an expanding retail and e-commerce sector, heightened demand for process cooling, cold storage necessities for the pharmaceutical and biotechnological sectors, as well as the retrofit and replacement market. Key trends during this period will be technological progression, the implementation of green refrigerants, IoT and intelligent refrigeration, optimization of the cold chain, along with the introduction of modular and scalable solutions and hybrid refrigeration systems.
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What Drivers Are Propelling the Growth of Industrial Robots (Warehousing and Storage Robots) Market Forward?
The surge in the transportation of goods within warehouse boundaries has stimulated the industrial robots sector in the warehouse and storage market. The boom in the e-commerce business and their dedication to delivering in the least possible time have led to the increase in goods movement. To hasten the process in the warehouse and storage sector, industrial robots are utilized. For example, in 2022, Geodis entered a broadened agreement with Locus Robotics, a provider of autonomous mobile robots (AMRs), for the global installation of 1,000 AMR robots in warehouses. Furthermore, in September of 2023, the Germany-based non-profit organization, International Federation of Robotics, reported a total of 553,052 industrial robot installations worldwide in factories, signifying a 5% annual growth rate from 2022. This surge in goods movement within the warehouse environment has energized the industrial robots market in the warehouse and storage domain.
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Which Emerging Trends Are Transforming the Industrial Robots (Warehousing and Storage Robots) Market in 2025?
Leading industrial robot firms in the warehousing and storage sector are centering their efforts on cutting-edge solutions like autonomous warehouse robotics systems. This technology focuses on boosting efficiency and productivity in the warehouse through sophisticated automation. Autonomous warehouse robotics systems use robots that can execute various warehouse tasks such as picking, packing, and transporting goods, all with little to no human intervention, thereby improving operational output. For example, in March 2024, LG Electronics, a company based in South Korea specializing in consumer electronics, rolled out the LG CLOi CarryBot. This autonomous mobile robot is set to enhance warehouse operations by simplifying material handling and increasing efficiency. It has distinct autonomous navigation, can integrate with warehouse management systems, and offers a long running time due to its autonomous dock charging feature. This innovation is invaluable as it ensures accurate, dependable delivery, reducing the physical burden on warehouse workers and boosting productivity.
What Are the Key Segments in the Industrial Robots (Warehousing and Storage Robots) Market?
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
Subsegments:
1) By Mobile Robots: Autonomous Mobile Robots (AMRs), Automated Guided Vehicles (AGVs)
2) By Articulated Robots: 6-Axis Robots, 7-Axis Robots, 5-Axis Robots
3) By Cylindrical Robots: Single-Axis Cylindrical Robots, Multi-Axis Cylindrical Robots
4) By SCARA Robots: 4-Axis SCARA Robots, 5-Axis SCARA Robots
5) By Parallel Robots: Delta Robots, Hexapod Robots
6) By Cartesian Robots: Linear Cartesian Robots, Gantry Robots
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Who Are the Key Players Shaping the Industrial Robots (Warehousing and Storage Robots) Market's Competitive Landscape?
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.
What Geographic Markets Are Powering Growth in the Industrial Robots (Warehousing and Storage Robots) Market?
Asia-Pacific was the largest region in the industrial robots market in 2023. Western-Europe was the second-largest region in the global industrial robots market. The regions covered in the industrial robots(warehousing and storage robots) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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