Warehouse Robotics Market by Product Type (Mobile Robots, Articulated Robots, Cylindrical Robots, Scara Robots, Parallel Robots, and Cartesian Robots), Function (Pick & Place, Palletizing & Depalletizing, Transportation, and Packaging), and End User (E-Commerce, Automotive, Electrical & Electronics, Metal and Machinery, Chemical, Rubber & Plastics, Food & Beverages, Pharmaceuticals, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030
The global warehouse robotics market was valued at $4,400.0 million in 2020 and is projected to reach $15,792.0 million by 2030, growing at a CAGR of 13.2% from 2020 to 2030.
Warehouse robotics is the deployment of robots in the warehouse to perform functions such as pick-place, packaging, transportation, packaging, and palletizing. The integration of warehouse and robotics technology has helped ensure that there is accuracy and automation while increasing the warehouse storage space and operation efficiency.
The global warehouse robotics market is largely driven by the increase in demand for automation due to prevailing competition in e-commerce, rise in the number of stocks keeping units, and advancements in technology. However, the global warehouse robotics market is restrained by factors such as initial higher costs related to training & deployment and lack of awareness in developing countries such as India, Africa, and others.
The warehouse robotics market is segmented based on type, function, end user, and region. On the basis of type, the market is classified into mobile robots, articulated robots, cylindrical robots, SCARA robots, parallel robots, and Cartesian robots. Mobile robots are the most dominant segment in 2020, followed by the articulated robots segment. Stationery articulated robots such as Cartesian and SCARA provide greater skill in performing tasks and have more degrees of freedom than any other robot. Stationery articulated robots and gantry robots will lose its dominance due to the surge in the use of mobile robots during the forecast period. The major factor for the surge in mobile robots is due to it being smart and autonomous. The growth of cartesian robots is expected to be due to growth in the e-commerce, food & beverage, pharmaceutical, and automotive industry.
On the basis of function, the market is categorized into pick & place, assembling dissembling, transportation, and packaging. The pick & place segment dominates the global warehouse robotics market. The reason for the growth of the transportation segment is due to the growth in mobile robots and increase in application in various industries such as e-commerce, food & beverage, metal & machinery, pharmaceutical, and automotive.
On the basis of region, the warehouse robotics market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific is the largest user of warehouse robotics, followed by North America. Asia-Pacific is predicted to grow faster than North America with a CAGR of 18.1% during the forecast period. The e-commerce segment is expected to dominate the warehouse robotics market due to growth in e-commerce, food & beverage, metal & machinery, and electronic & electrical industries.
The key players profiled in this report include ABB Ltd., Fanuc Corp., Kuka AG, Yaskawa, Electric Corp., Amazon Robotics (Amazon.com Inc.), Yamaha Robotics, Fetch Robotics Inc., Locus Robotics, Omron Corporation, Honeywell International Inc., and Siemens AG.
KEY BENEFITS FOR STAKEHOLDERS
The report provides an extensive analysis of the current and emerging global warehouse robotics market trends and dynamics.
In-depth market analysis is conducted by global warehouse robotics market estimations for the key market segments between 2020 and 2030.
Extensive analysis of the global warehouse robotics market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
The global warehouse robotics market forecast analysis from 2021 to 2030 is included in the report.
The key market players within market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the global warehouse robotics market.
GLOBAL WAREHOUSE ROBOTICS MARKET SEGMENTS
BY PRODUCT TYPE
Mobile Robots
Articulated Robots
Cylindrical Robots
Parallel Robots
Cartesian Robots
SCARA Robots
BY FUNCTION
Pick & Place
Assembling & Dissembling
Transportation
Packaging
BY END USER
Food & Beverage
Electronics & Electrical
Metal & Machinery
Automotive
Pharmaceuticals
Food & Beverages
E-Commerce
Others
BY REGION
North America
U.S.
Canada
Mexico
Europe
Germany
Italy
UK
France
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
KEY PLAYERS
ABB Ltd.
Fanuc Corporation
Kuka AG
Yaskawa Electric Corp.
Amazon.com Inc.
Yamaha Robotics
Fetch Robotics, Inc.
Locus Robotics
Omron Corporation
Honeywell International Inc.
Siemens AG
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