What is Warehouse Robots Market Scope?
A warehouse robot is a machine that is capable of carrying out a complex series of actions automatically. The term robot comes from the Slavic word “robota”, which means labor or drudgery. Robots have the potential to remove the most menial warehouse labor. For example, Amazon robots are now transported products across massive warehouses in place of workers who used to be forced to walk the equivalent of 10 or more miles a day. According to industry experts, these robots may be increasing worker injury rates, even though they’re taking on some of the hard labor. In today’s world robots are utilized in various industries. According to the stats, a warehouse management system is the one technology investment that becomes highly prioritize among organizations. In the coming years, warehouse automation will become an increasingly desirable option to the manual alternative over the next few years. This is a large market with a broad range of offerings.
The Warehouse Robots market study is being classified by Type (Mobile Robots and Fixed Robots), by Application (E-commerce, Automotive, Food & Beverages, Electronics and Others) and major geographies with country level break-up. According to AMA, the Global Warehouse Robots market is expected to see growth rate of 14.4% and may see market size of USD9528.41 Million by 2026.
The Players having a strong hold in the market are ABB Fanuc Corp Dematic Daifuku Amezon Robotics Kuka. Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Warehouse Robots market throughout the predicted period.
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) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are SSI SCHAEFER (United States), Vecna Robotics (United States), Magazino GmbH (Germany), IAM Robotics (United States), Fetch Robotics, Inc. (United States), Honeywell International Inc. (United States), Locus Robotics (United States) and Toshiba Corporation (Japan)..
Analyst at AMA have segmented the market study of Global Warehouse Robots market by Type, Application and Region.
On the basis of geography, the market of Warehouse Robots has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2019. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
Market Influencers and their development strategies
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.
Influencing Market Trend
- Development in Technology Advancement
- Growing E-Commerce Industry
- Need for Enhanced Quality and Reliability in Warehouse Operations
- Development in Warehouse Industry
- Development in Mobile Robotics
- Integration of Industry 4.0 With Warehouse Robots
- Lack of Skilled Workforce
Key Target AudienceWarehouse Robots Manufacturers, Suppliers, Distributors, Government Regulatory Bodies, Private Research Organizations, Government Research Organization and Others
Customization available in this Study:The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also include significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets , To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.
Frequently Asked Questions (FAQ):
1. At what growth rate would the Warehouse Robots market expands?
The Global Warehouse Robots market is expected to see a growth of 14.4% during projected year 2019 to 2026.
2. Who are the prominent players of the Global Warehouse Robots market?
The prominent players of Global Warehouse Robots market are 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), to name a few.
3. What are the top priorities to focus for Warehouse Robots market’s growth?
In this highly competitive & fast evolving Warehouse Robots industry, the top strategic priorities would remain consistent like innovation, R&D and M&A.