Warehouse Robotics Market Growth, Key Players, and Revenue Insights by 2024
Discover Warehouse Robotics Market growth, key players, and revenue insights with forecasts by 2024.
The study of the global Warehouse Robotics Market is presented in the report, which is a thoroughly researched presentation of the data. The analysis delves into some of the key facets of the global Warehouse Robotics Market and shows how drivers like pricing, competition, market dynamics, regional growth, gross margin, and consumption will affect the market’s performance. A thorough analysis of the competitive landscape and in-depth company profiles of the top players in the Warehouse Robotics Market are included in the study. It provides a summary of precise market data, including production, revenue, market value, volume, market share, and growth rate.
The best investment markers are insights into the most prominent market trends, which help potential participants make decisions even easier. The research aims to discover the numerous growth chances that readers may take into consideration and take advantage of using all the necessary information. The market growth over the coming years can be predicted with greater accuracy by carefully examining the important growth-influencing aspects including pricing, production, profit margins, and value chain analyses.
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Market Summary:
The global warehouse robotics market size was valued at USD 4.86 billion in 2022 and is projected to grow from USD 5.26 billion in 2023 to USD 12.99 billion by 2030, exhibiting a CAGR of 13.8% during the forecast period. Asia-Pacific dominated the warehouse robotics industry with a market share of 49.58% in 2022.
The Warehouse Robotics Market has grown significantly due to factors such as increased product demand, an expanding client base, and technological advancements. This report provides a comprehensive overview of the industry, covering market size, trends, key drivers and challenges, competition dynamics, and potential growth opportunities. Recent Industry Developments:
- DHL announced the introduction of 5,000 autonomous mobile robots across its warehouse in partnership with Locus Robotics, and is expected to take over the warehouse’s picking, packing, and distribution tasks.
- DF Automation & Robotics Sdn Bhd launched a new brand logo of AMR known as TITAN. TITAN-branded warehouse robots are built for carrying heavy weights up to 1.5 tonnes.
- South Korean manufacturer Thira Robotics has developed a new autonomous mobile robot in the U.S. market that provides navigation facilities in changing surroundings.
- Smart Robotics launched a robotic merchandise picker for warehouse and logistics processes for pick and place applications. The collaborative robot enables the picking and placing of lightweight products and the sorting of warehouse inventory stocks.
- ABB Ltd. launched a new range of AMRs named Flexley mobile Robots after rebranding ASTI mobile robotics indicating the flexibility of operations that Autonomous mobile robots offer.
- ABB Ltd. (Switzerland)
- FANUC Corporation (Japan)
- Hikvision (Hikrobot) (China)
- KION Group AG (Germany)
- Daifuku (Japan)
- Omron Corporation (Japan)
- KUKA AG (Germany)
- JBT (U.S.)
- SSI Schaefer (U.S.)
- Yaskawa Motoman (Japan)
- Locus Robotics (U.S.)
- Current Market Trends: Analysis of the latest developments shaping the market landscape.
- Segmentation Analysis: Breakdown of the market by key segments and regional dynamics.
- Pricing Strategy Evaluation: In-depth examination of pricing trends within the industry.
- COVID-19 Impact Assessment: Exploration of how the pandemic has affected market behaviors and trends.
- Market Projections: Forecasting future market growth and potential shifts.
- Insight into the primary growth drivers and challenges facing the market.
- An extensive review of regional advancements and their implications.
- A compilation of leading industry players and their market positions.
- Strategies employed by significant market participants.
- Updates on recent industry movements, including product launches and mergers.
- Analysis of factors that may restrict growth and the regional market presence affecting trends beyond 2032.
- Introduction
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Key Insights
- Industry Developments (Mergers, Acquisitions, Partnerships)
- Porter’s Five Forces Analysis
- SWOT Analysis
- Technological Innovations
- Value Chain Analysis
- TOC Continued…
- Driver: Rising Demand for Efficient Warehouse Operations
The growing need for improved efficiency in warehouse operations drives the adoption of warehouse robotics, which streamline inventory management, reduce labor costs, and enhance operational throughput.
- Driver: Technological Advancements in Robotics
Recent advancements in robotics technology, including enhanced sensors, AI, and machine learning, improve the capabilities of warehouse robots, making them more effective and appealing for modern warehouses.
- Driver: Growth of E-Commerce and Omnichannel Retailing
The rapid expansion of e-commerce and omnichannel retailing creates increased demand for efficient warehousing solutions, driving the need for robots that can handle high volumes of orders and manage complex inventory systems.
- Restraint: High Initial Investment
The substantial upfront costs associated with purchasing and implementing warehouse robotics can be a barrier for smaller businesses and warehouses with limited budgets.
- Restraint: Integration and Maintenance Challenges
Integrating warehouse robots into existing systems can be complex and may require significant modifications, while ongoing maintenance and technical support can add to operational costs and impact overall efficiency.
Key Players:
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Market Overview:
Key Report Highlights:
This market research report is meticulously crafted to deliver a thorough understanding of the industry’s trajectory, equipping businesses with the insights necessary for strategic decision-making. The Warehouse Robotics Market Report spans over 130+ pages and includes a detailed table of contents featuring figures, tables, graphs, and comprehensive analysis.
Table of Contents:
This study presents a detailed view of the market landscape, categorized by sub-regions and countries. It identifies potential profit avenues, alongside market share and growth forecasts for each geographical area.
Segmentation of this report:
Warehouse Robotics Market Size, Share & Industry Analysis, By Product Type (Autonomous Mobile Robots, Automated Guided Vehicles, Articulated Robots, Collaborative Robots, and Others), By Application (Picking & Placing, Palletizing & Depalletizing, Transportation, and Packing), End-User Industry (Food & Beverage, Electronics & Electrical, Automotive, Pharmaceuticals, Independent Warehouse, E-Commerce, and Others), Payload Capacity (Below 200 Kg, 200 to 400 Kg, 400 to 600 Kg, 600 to 900 Kg, and Above 900 Kg), and Regional Forecast, 2023-2030
Warehouse Robotics Market Drivers & Restrains:
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