Latest Trends and Opportunities in Global Warehouse Robotics Market
According to a new report published by Reports Monitor titled, “Global Warehouse Robotics Market, Growth Opportunities, Innovations and Forecast, 2017-2025,” the warehouse robotics market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025.
Using robotics in the warehouse that result in many advantages such as increasing productivity and efficiency of the warehouse. Recently in this month of may 2018 rakuten super logistic deploys robotics in warehouse and claim it increases warehouse productivity by 300% this proves the advantages of robotics and support the growth of the market.
Increasing demand of consumer to receive early delivery of products and raising pressure on players in this market which result in deploying robots for delivering delight experience to the consumer. Technological advancement such ad integration of machine learning and artificial intelligence are gathering attraction of the market players and achieved growth of the market.
This report provides a detailed analysis of warehouse robotics market, which includes current industry situations such as market size, growth and demands, market outlook, major players with their key strategies such as investment, mergers and acquisitions, value chain analysis and swot analysis. It covers the market canvas and the growth opportunities in the coming years. The report has been made with an in-depth analysis along with important inputs from the various industry experts. The research is carried out with both extensive primary and secondary data sources with bottom-up and top-down approaches.
Segmentation of warehouse robotics are majorly focused on type, function and end user. Based on type the market is segmented into parallel robots, mobile robots, gantry robots, SCARA robots, cylindrical robots and stationery articulated robots. Based on the function the market is segmented into pick & place, palletizing and depalletizing, transportation and packaging. Based on the end user the market is segmented into electronics & electrical, metal & machinery, pharmaceuticals, e-commerce, automotive, food & beverages and others.
Global Warehouse robotics market is majorly analyzed across: North America, Europe, Asia Pacific and LAMEA (Latin America, Middle East and Africa). Increasing investment in R&D for technological advancement in robotics, developing industrialization and penetration of e-commerce are driving the growth of the warehouse robotics market in Asia-Pacific region. Presence of large warehouse, rising competition amongst existing players and early adaptation of technological advance product in warehouse are responsible for the growth of the market in North America.
Major vendors operating in the global warehouse robotics market are: ABB Ltd., Fanuc Corp., Kuka AG, Yaskawa Electric Corp., Amazon.com, Inc., ATS Automation Tooling Systems Inc., Honeywell International Inc., Omron Corp., Fetch Robotics, Inc. and IAM Robotics .
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