Warehouse robotics helps improve facility safety for workers. They take over dangerous jobs that put workers at risk. Logistics robots automate the process of storing and moving goods as they make their way through the supply chain. Warehouse and Logistic Robots (WLR) in the supply chain have picked up pace exponentially. The growth of e-commerce and the lack of an available workforce are the major factors driving the market.This growth is primarily driven by The Rise of Automation in Warehousing
|Value Unit||USD (Million)|
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The Robotics & Automation sector in the region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region.
Major Players, such as KUKA AG (Germany), ABB (Switzerland), Fanuc Corporation (Japan), Amazon.com, Inc. (United States), Dematic (United States), Yaskawa Electric Corporation (Japan), Daifuku Co., Ltd. (Japan), Geekplus Technology Co., Ltd. (China), KNAPP AG (Austria) and OMRON Corporation (Japan), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In December 2020, FANUC America, the leading supplier of CNCs, robotics, and ROBOMACHINEs, and Plus One Robotics, a leader in AI machine vision for robots in logistics, have successfully paired their industry-leading technologies to meet the needs of their mutual customers in e-commerce.
In December 2020, Vecna Robotics, the autonomous mobile robot, and workflow orchestration company, unveiled its autonomous counterbalanced fork truck, a highly versatile, safe, intelligent, and integrated pallet-handling solution.The major players are focused on expanding their customer base across foreign countries. The players are also leveraging on strategic collaborative initiatives to increase their market share and increase their profitability. Moreover, the companies operating in the market are also acquiring start-up companies and warehouse robotics technologies to strengthen their product capabilities.
The Implementation of New Technologies in any Warehouse Process and Development in Technology Advancement
Market Growth Drivers:
The Rise of Automation in Warehousing and Growing E-Commerce Industry
Rising Employment Costs and Wages and More Complicated Fulfillment Strategies
High Initial Investment for Startup
Rising Number of Consumer Choices Using E-commerce Platforms and Development in Warehouse Industry coupled with Growing Demand for Robotics
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Warehouse and Logistic Robots (WLR) Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Warehouse and Logistic Robots (WLR) Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.The primary interviews and data collected as per the below protocols:
By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Warehouse and Logistic Robots (WLR) players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Warehouse and Logistic Robots (WLR) Study Sheds Light on
The Warehouse and Logistic Robots (WLR) Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Warehouse and Logistic Robots (WLR) industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Warehouse and Logistic Robots (WLR) industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.