Warehouse Robotics and Automation Market Research Report By Type (Automated Storage and Retrieval Systems (AS/RS), Conveyors and Sortation Systems, Robotics Systems, Automated Picking Systems and Automated Material Handling Systems), by Organization Size

Warehouse Robotics and Automation Market Research Report By Type (Automated Storage and Retrieval Systems (AS/RS), Conveyors and Sortation Systems, Robotics Systems, Automated Picking Systems and Automated Material Handling Systems), by Organization Size (Small and Medium-Sized Enterprises (SMEs) and Large Enterprises), by Application Area (Picking and Placing, Sorting, Packing and Sealing, Transportation and Logistics, Storage and Retrieval, Quality Control and Inspection and Others), by Industry Vertical (E-commerce, Retail, Healthcare and Pharmaceuticals, Electronics and Electrical, Chemicals, 3PL (Third-Party Logistics), Manufacturing and Others), and By Region –Forecast Till 2032

The market size for warehouse robotics and automation was estimated to be USD 25,866.2 million in 2023. The Warehouse Robotics and Automation Market is expected to increase from USD 29,849.6 million in 2024 to USD 54,813.0 million by 2032, with a compound yearly growth rate (CAGR) of 7.9% over the forecast period (2024-2032). Warehouse robotics is the employment of an automated system and machine (or robots) to complete the usual operation of a warehouse. This field includes both tangible robots and the software needed to operate them. These are mostly employed in warehouse automation, where they can enhance or replace human labor in the handling of items, order picking, and storage processes. A warehouse robot is a single-purpose robot intended for a certain task and controlled by software.

Implementing a combination of cloud-based technologies and robotics can assist warehouses in meeting modern fulfillment expectations while also capitalizing on current market changes. Unfortunately, many warehouses continue to operate without automation. With an ever-increasing demand for warehouse services, it is critical to discover innovative ways to implement them swiftly and without affecting existing processes. Humans and robots will collaborate in the future of warehouse operations.

Market Segment insights
The global warehouse robotics and automation market is divided into five types: automated storage and retrieval systems (AS/RS), conveyors and sortation systems, robotics systems, automated picking systems, and automated material handling systems.
The Warehouse Robotics and Automation Market is divided into two segments based on organization size: SME's and Large Enterprises.
The Warehouse Robotics and Automation Market is divided into Application Areas, which include picking and putting, sorting, packaging and sealing, transportation and logistics, storage and retrieval, quality control and inspection, and others.

Regional insights
North America includes the United States, Canada, and Mexico. As a result, the region's dynamic industrial sector remains the primary driver of wealth, employment, and innovation. IoT is gaining popularity, and organizations in the United States are figuring out how to combine it with automated storage solutions to save even more time and money. Automated storage solutions with IoT integration enable remote monitoring, timely report status generation, faster error recovery, and better productivity.

For this study, the Europe region includes the United Kingdom, Germany, France, and the rest of Europe. Europe was the first region to adopt industrial automation. According to the CBI Ministry of Foreign Affairs, Europe accounts for more than one-third of global Industry 4.0 investments. Its primary markets are in Western and Northern Europe, particularly Germany, where the phrase originated and continues to lead.

Asia Pacific industrial industries have witnessed substantial transformations over time. It is now widely acknowledged that rapid integration of innovation accelerators, such as emerging cloud and mobile technology and robotics, is essential. The Economics Times estimated in December 2022 that India would require an additional 30 million square feet to build new warehouses.

Major Players
The main vendors at the market Some of the industry giants include DAIFUKU CO. LTD, Kardex, Murata Machinery, Honeywell International Inc., Boston Dynamics (Hyundai Motor Group), ABB LTD, Swisslog Holding AG (A Kuka Company), Toyota Industries Corporation, SSI Schaefer, and Vanderlande are currently the industry's leading companies.