Warehouse Robotics Market by System Type (Knapp Open Shuttle, Locus Robotics System, Fetch Robotics Freight, Scallog System, and Swisslog CarryPick), Robot Type (Mobile Robots, Cartesian Robots, Articulated Robots, SCARA Robots, Parallel Robots, and Others), Component (Hardware, Software, and Service), and End user (E-Commerce, Pharmaceutical, Automotive, Food and Beverages, Electrical and Electronics, and Others): Global Market Size Estimates and Forecast (2022–2030)

Code: BMIRE00026556 | Pages: 100 | Industry: Electronics and Semiconductor | Date: Sep 2022 | Type: Global

The warehouse robotics market is expected to cross US$ 4.52 billion in 2022 and is projected to hit US$ 9.82 billion by 2030, recording a CAGR of 10.2% during the forecast period.

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The rise of autonomous mobile robots

The rise of autonomous mobile robots for warehouse and material handling applications has provided a profitable potential for warehouse robotics providers. The use of autonomous mobile robots is safer than manual material movement, such as manned forklifts. These robots are outfitted with safety sensors to keep them from colliding. Their precision varies according to usefulness and how their work affects safety and efficiency in various contexts. Depending on the sensors and algorithms employed in autonomous mobile robots, the estimation of location and surroundings may be more or less accurate. Furthermore, technological breakthroughs in autonomous mobile robots are paving the way for the use of AI in warehouse robots.

Within the report, the warehouse robotics market is segmented into system type, robot type, component, end user, and geography. By system type, the market is further segmented into Knapp open shuttle, locus robotics system, fetch robotics freight, scallog system, and Swisslog carrypick. Based on the robot type, the market is divided into mobile robots, cartesian robots, articulated robots, scara robots, parallel robots, and others. Based on components, the market is divided into hardware, software, and service. Based on end user, the market is divided into e-commerce, pharmaceutical, automotive, food and beverages, electrical and electronics, and others. Geographically, the market is segmented into North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa.

Many sectors are increasingly using warehouse robotics.

Warehouse robots are used to automate tasks such as palletizing, de-palletizing, transporting, picking and placing, and packaging. The use of warehouse robots eliminates the need for human intervention, lowering human error and increasing warehouse efficiency. They are also used in a variety of industries, including e-commerce, automotive, electrical & electronics, food & beverage, and pharmaceutical.

IoT has created a massive opportunity for the market

Warehouse robots are widely considered one of the most successful approaches for reducing expenditures and increasing the availability of physical labour, as well as improving operational competencies. The robots are utilized to lift heavy items and efficiently perform activities such as picking, placing, transportation, packaging, and palletizing throughout the plant. The growing proliferation of the Internet of Things (IoT), Artificial Intelligence (AI), machine learning, and other such technologies that have left their mark in the warehousing industry is expected to propel overall market growth in the near future.

Recent strategic developments in the warehouse robotics market

The warehouse robotics market has undergone several significant developments, and a few of these have been mentioned below:

  • In May 2022, ABB introduced the "ABB Robotic Depalletizer," a solution for complicated depalletizing activities in areas such as healthcare, e-commerce, logistics, and consumer packaged products.
  • In May 2022, GreyOrange raised US$ 110 million. GreyOrange chose growth finance in this round of fundraising, funded by Mithril Capital Management and supported by BlackRock.
  • In Jan 2022, Fanuc America introduced the M-1000iA robot, which is capable of handling extremely large objects such as building materials, automotive components, and battery packs for electric vehicles. As of January 2022, the M-1000iA is Fanuc's largest serial-link robot.

The warehouse robotics market is driven by several players by implementing strategic activities such as investments, new launches, mergers & acquisitions, and ABB, KUKA AG, Omron Corporation, FANUC Corporation, and Daifukuare are among the prominent players operating in the market.

The target audience for the report:

  • Raw material providers
  • providers
  • Robotics providers
  • Warehouse robotics-related service providers
  • Warehouse robotics associations, organizations, forums, and alliances
  • Government bodies, such as regulating authorities and policymakers
  • Venture capitalists, private equity firms, and start-up companies
  • Warehouse robotics component suppliers
  • Warehouse robotics distributors and sales firms
  • End users of Warehouse robotics
  • Research institutes, organizations, and consulting companies

Scope of the report:

  • System Type:
    • Knapp Open Shuttle
    • Locus Robotics System
    • Fetch Robotics Freight
    • Scallog System
    • Swisslog CarryPick
  • Robot Type:
    • Mobile Robots
    • Cartesian Robots
    • Articulated Robots
    • SCARA Robots
    • Parallel Robots
    • Others
  • Component:
    • Hardware
    • Software
    • Service
  • End User:
    • E-Commerce
    • Pharmaceutical
    • Automotive
    • Food and Beverages
    • Electrical and Electronics
    • Others
  • Region
    • North America
    • Europe
    • Asia Pacific (APAC)
    • Rest of the World
  • Companies profiled
    • ABB
    • KUKA AG
    • Omron Corporation
    • FANUC Corporation
    • Daifuku Da

Companies profiled

    • ABB
    • KUKA AG
    • Omron Corporation
    • FANUC Corporation
    • Daifuku Da

 

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