Warehouse Robotics Market

Warehouse Robotics Market - Changing the Face of Modern Logistics
According to a new research report published by Transparency Market Research (TMR) , the
global warehouse robotics market is expected to reach value of US$ 9,579.3 Mn by 2027,
expanding at a CAGR of 12.0% from 2019 to 2027. According to the report, the global market is
likely to continue to be influenced by a range of macroeconomic and market-specific factors in
the next few years. In terms of demand, Asia Pacific is projected to continue to lead the global
market, with the market in the region expanding at a CAGR of 13.3% between 2019 and 2027.
Rising demand for warehouse automation from e-commerce sector driving the global
warehouse robotics market
The global warehouse robotics market has witnessed strong growth over the last decade. One of
the major drivers of the market is rising demand for warehouse automation from the e-commerce
industry led by intense competition prevailing among key players in the industry. Robots have
been leveraged in this industry for a long time and they have made the human work easier by
operating large industrial settings. Robots in factories have typically been large-sized, caged
devices performing repetitive, dangerous works in lieu of humans. Robots are used in factories to
help workers perform their tasks by tracking them and correcting them in case of any deviation
from the task. Furthermore, robotics and automation allow warehouses to have 24×7 operations.
These factors are anticipated to propel the global warehouse robotics market during the forecast
period.
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Global Warehouse Robotics Market: Scope of Report
The global warehouse robotics market has been broadly segmented in terms of robot type,
application, end-use industry, and region. Based on robot type, the market has been divided into
ASRS, articulated robot, gantry cartesian robot, collaborative robot, SCARA, and others. The
articulated robot segment was dominant, holding 31.66% share of the global market in 2018. On
the other hand, the collaborative robot segment is anticipated to expand at the maximum CAGR
of 13.5% during the forecast period. This growth can be attributed to superior features of
collaborative robots such as low cost, better performance, mobile friendlies, and semiautonomous functionality. Also, collaborative robots are light in weight. They can operate in
fast-paced environments, wherein they can be easily deployed for multiple applications. In terms
of application, the global warehouse robotics market has been classified into palletizing, transfer
& transport, picking & packaging, and others. The picking & packaging segment is expected to
continue its dominance during the forecast period. The segment is expected to expand at a high
CAGR of 12.6% from 2019 to 2027. Based on end-use industry, the market has been categorized
into food & beverages, pharmaceutical, e-commerce, automotive, chemical, rubber and plastic,
and others. Among these, the e-commerce segment is anticipated to dominate the global market
throughout the forecast period. The segment is projected to expand at a CAGR of 12.9% from
2019 to 2027. This growth is attributable to significant investments from e-commerce firms, such
as Amazon, in the deployment of robots in their warehouses in order to reduce operational costs
and improve productivity and safety.
Geographically, the global warehouse robotics market can be segmented into North America,
Europe, Asia Pacific, Middle East & Africa, and South America. In 2018, Asia Pacific accounted
for 32.60% share of the global warehouse robotics market. This was attributable to increasing
deployment of robots in warehouses in the region and presence of key providers of warehouse
robots, such as ATS Automation Tooling System, Yasakawa, and Omron Corporation, in the
region. The region is anticipated to hold the maximum share of the global market during the
forecast period. The market in the region is projected to expand at the maximum CAGR during
the forecast period.
Global Warehouse Robotics Market: Competition Dynamics
The research study includes profiles of leading companies operating in the global warehouse
robotics market. Market players have been profiled in terms of attributes such as company
overview, financial overview, business strategies, and recent developments. Some of the
prominent players operating in the global market are ABB, Amazon Robotics LLC, ATS
Automation Tooling Systems Inc., FANUC America Corporation, Fetch Robotics, Inc., KUKA
AG, OMRON CORPORATION, SSI SCHAEFER, Wynright Corporation, and YASKAWA.
Companies are focusing on expanding their business through strategic acquisitions and
partnerships.

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