Retail Robots Market, by Type (Mobile Robotics, Stationary Robotics, and Semi-Autonomous), by Application (Inventory Management, Delivery Management, In-Store Services, and Others), and by Region (North America, Europe, Asia Pacific, Latin America, and Mi

Retail Robots Market, by Type (Mobile Robotics, Stationary Robotics, and Semi-Autonomous), by Application (Inventory Management, Delivery Management, In-Store Services, and Others), and by Region (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Retail robotics is the intersection of technology, engineering, and science for producing robotic machines, which are used to replicate human actions. The key objective of the retail robotics technology is to enhance the performance of an organization and to produce better outcome. Retail robots offer wide range of applications such as inventory management, delivery management, in-store services, and others.
Rise in need for automation and safety in organizations and availability of affordable, energy-efficient robots drive the growth of the global retail robots market. In addition, increase in labor & energy costs and upsurge in usage of robotics technology in different industry verticals fuel the growth of the market. However, high initial cost of robots and lack of awareness among SMEs (Small and Medium Enterprises) is expected to hamper the growth of the market. On the contrary, surge in adoption of robotics technology in emerging economies and increase in use in diverse applications are the factors expected to provide lucrative opportunities for the growth of the market.
Market Dynamics
The retail robots market is expected to grow rapidly over the forecast period, driven by advantages such as cost reduction, improved efficiency, increased production, and improved health, and safety at work. The retail robots are used for a wide range of applications including back-office operations, store operations, merchandizing, sales and marketing, customer-facing experiences, etc. Robots provide higher quality products and services more effectively, with less wastage of resources and without causing physical harm to humans due to their autonomous nature. The growing use of retail robots in supermarkets and chain stores will augment the growth of the market in the future.
On the basis of application, the inventory management segment is expected to hold the largest market in the global retail robots market. Investing in warehouse robotics results in increased productivity and accuracy in inventory management. Human errors can be quite costly for businesses and can lead to lower customer satisfaction. The growth of inventory management automates the handling, picking, sorting, and replenishment of products with precision, thus guaranteeing high levels of accuracy in order fulfillment and warehousing operations.
Key features of the study:
This report provides in-depth analysis of global retail robots market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading market players
It profiles leading players in the global retail robots market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
Companies covered as a part of this study include Amazon Robotics, Bossa Nova, Simbe Robotics, ABB Robotics, Greyorange, Softbank Robotics, and Honda Motor Co. Limited.
Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
The global retail robots market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global retail robots market
Detailed Segmentation
Global Retail Robots Market, By Type:
Mobile Robotics
Stationary Robotics
Semi-Autonomous
Global Retail Robots Market, By Application:
Inventory Management
Delivery Management
In-Store Services
Others
Global Retail Robots Market, By Region:
North America
By Type
Mobile Robotics
Stationary Robotics
Semi-Autonomous
By Application
Inventory Management
Delivery Management
In-Store Services
Others
By Country
US
Canada
Latin America
By Type
Mobile Robotics
Stationary Robotics
Semi-Autonomous
By Application
Inventory Management
Delivery Management
In-Store Services
Others
By Country
Brazil
Argentina
Mexico
Rest of Latin America
Europe
By Type
Mobile Robotics
Stationary Robotics
Semi-Autonomous
By Application
Inventory Management
Delivery Management
In-Store Services
Others
By Country
Germany
UK
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
By Type
Mobile Robotics
Stationary Robotics
Semi-Autonomous
By Application
Inventory Management
Delivery Management
In-Store Services
Others
By Country
India
China
Japan
South Korea
Australia
New Zealand
Rest of Asia Pacific
Middle East and Africa
By Type
Mobile Robotics
Stationary Robotics
Semi-Autonomous
By Application
Inventory Management
Delivery Management
In-Store Services
Others
By Country
GCC Countries
South Africa
Rest of Middle East and Africa
Company Profiles
Amazon Robotics*
Company Overview
Product Portfolio and Specifications
Financial Performance
Strategic Overview
Recent Developments/Updates
Bossa Nova
Simbe Robotics
ABB Robotics
Greyorange
Softbank Robotics
Honda Motor Co. Limited.
“*” marked represents Key Pointers are applicable to other companies as well