Scope of the Study
Order picking robot is made of lightweight robot manipulator, 3D camera systems and robotic gripper. Order picking by robot is an automated process to complete an order which is placed by the customers. The robots can also perform multiple tasks. These online picking robots increases the efficiency and helps to meet the demand. These are most commonly used in warehouse in which diverse inventory is present. Further, the automated picking reduces the walking time and shortens the route. These robots are also used in retail.
The market study is being classified and major geographies with country level break-up.
ABB (Switzerland), Westfalia Technologies, Inc. (United States), Logiwa (United States), Swisslog (Switzerland), Geek+ Inc. (China), Locus (United States), FANUC (Japan), 6 River Systems, Inc. (United States), IAM Robotics (United States) and Robot Worx (United States) are some of the key players profiled in the study.
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Order Picking Robot market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Order Picking Robot market by Type, Application and Region.
On the basis of geography, the market of Order Picking Robot 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rapid Upsurge in Online Order Coupled with Shortage of Employees in Warehouse is Fuelling the Demand of Order Picking Robots.
- Increasing Adoption of Warehouse Robotics by SMEs
- Advancements in End of Arm Tooling (EOAT) Which Is an Equipment Which Interacts With the Components
- Use of IOT Technology in Robotics which Increases the Operational Efficiency
- Fluctuation Raw Material Prices may lead to Change in Manufacturing Costs
- Increasing Storage Space in Warehouse is Boosting the Market Growth
- Growing Demand of Shorter Delivery Time
- Stiff Competition among the Players
Market Leaders and their expansionary development strategies
In 2018, ABB has acquired GE industrial solutions. This acquisition provides the growth opportunity in North America market.
On 5th March 2018, SSI Schaefer has launched a new robot which can carry 400 picks per hour. It is a fully automated picking robot.
Key Target AudienceManufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations, Government Agencies and Organisations
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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