Press release
2025-2034 Warehouse Robotics Market Outlook: Key Drivers, Emerging Challenges, and Strategic Insights
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Will the Warehouse Robotics Industry Market Size Be by 2025?
The market size of warehouse robotics has experienced a fast-paced expansion in recent times. The forecast is for an increase from $5.49 billion in 2024 to $6.21 billion in 2025, equating to a compound annual growth rate (CAGR) of 13.0%. The significant growth observed in the previous period can be ascribed to factors such as the shortage of labor, governmental assistance, the progression of the industrial sector, a reduction in the costs of robotic hardware, and heightened safety measures in warehouses.
What's the Long-Term Growth Forecast for the Warehouse Robotics Market Size Through 2029?
In the coming years, the warehouse robotics market is projected to experience significant expansion. It is anticipated to reach a worth of $10.48 billion in 2029 with a 14.0% compound annual growth rate (CAGR). This growth during the prediction period can be credited to the escalating demand for e-commerce and third-party logistics (3pl) providers, swift industrialization in burgeoning economies, the increasing need for automation in warehouses, heightened awareness about workplace safety, and ESG (Environmental, Social, and Governance) concerns. The forecast period is expected to be dominated by various trends, such as collaborative robots (cobots), AI-based automation, autonomous mobile robots (AMRs), strategic collaborations with a range of startup companies, and last-mile delivery robots.
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What Are the Key Growth Drivers Fueling the Warehouse Robotics Market Expansion?
The expansion of the e-commerce industry is a significant factor contributing to the growth of the warehouse robotics market. E-commerce, also known as online shopping, is a business model where people and companies can purchase and sell goods and services over the internet. The e-commerce industry, which is undergoing significant transformations, requires automated warehouse robots to handle manual material movement within a facility and streamline warehouse operations. Take 2022 for instance, a year where sales increased by 44%, leading to over 86,000 units sold. There was an impressive spike in demand for robots designed to work collaboratively in indoor settings, with a splendid 78% increase, which led to nearly 37,300 units being sold. Similarly, there was a whopping 125% increase in the sale of robots designed specifically for food and beverage delivery in restaurants, culminating in over 24,500 units sold. These stats prove a growing reliance on robotics in different industries, especially in improving service efficiency within the hospitality sector. Thus, the e-commerce surge is driving the rise of the warehouse robotics market.
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What Are the Key Trends Driving Warehouse Robotics Market Growth?
The implementation of AI-driven robotic systems in warehouses is molding the trajectory of the warehouse robotics market. Artificial Intelligence (AI) mimics human intelligence, empowering computers and computer-controlled systems to execute tasks typically performed by intelligent personnel. Key players in the market are placing their bets on AI-powered warehouse robotics to automate manual and repetitive packing jobs and to perform complex operations under unpredictable circumstances. For example, in July 2023, A.P. Møller - Mærsk A/S, a shipping corporation based in Denmark, integrated an AI-enabled robotic solution within its UK warehouse, ushering in numerous innovative features aimed at drastically improving warehouse operations. The leading-edge Robotic Shuttle Put Wall System from Berkshire Grey has introduced remarkable automation and efficiency to the company's warehouse spanning 685,000 sq ft. This advanced system can sort orders at a speed three times faster than conventional manual methods, excelling at upstream batch inventory picking and enhancing efficiency by up to 33%. Furthermore, it is equipped to manage an entire range of typical stock keeping units (SKUs), order profiles, and packaging types.
How Is the Warehouse Robotics Market Segmented?
The warehouse roboticsmarket 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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Which Companies Are Leading the Charge in Warehouse Robotics Market Innovation?
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
Which Regions Are Leading the Global Warehouse Robotics Market in Revenue?
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.
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