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Warehouse Robotics Market

Global Warehouse Robotics Market is expected to foresee significant growth. APAC to lead the growth!

Global Warehouse Robotics Market is expected to register a CAGR of around 14% over the period of 2021-2027. This is mainly due to the rapidly increasing warehouse automation along with the increasing collaboration of warehouse robotics with e-commerce. Moreover, the globally rising labor costs followed by the availability of scalable technological solutions are positively impacting the industry landscape. Warehouse automation offers benefits such as reduced labor costs, increased speed, higher efficiency, and accuracy. The main factor behind the growth of warehouse robots is the growing demand for automation due to intensifying competition in e-commerce.

On the basis of product type, the market is divided into mobile robots, articulated robots, cylindrical robots, SCARA robots, parallel robots, and cartesian robots. In 2020, articulated robots held a significant share of the market and are anticipated to witness influential growth during the forecast period. This is mainly due to the flexibility they provide during operation. It can perform arc welding, material processing, assembly, parts replacement, pick and place, packaging, system filling, and more.

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On the basis of function, the market is categorized into pick & place, palletizing & depalletizing, transportation, packaging, and others. Among these, the packaging segment captured a significant share in the global warehouse robotics market in 2020 and is anticipated to hold a prominent share during the forecast period. This is because some companies are using robotic systems to improve packaging performance by installing sustainable and future-proof solutions. Packaging robots reduce labor and safety costs while increasing throughput. Robots operate at high speeds, increasing productivity and output.

For a better understanding of the market adoption of the warehouse robotics industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America), Europe (Germany, France, Spain, UK, Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Rest of Asia-Pacific), Rest of World. APAC is anticipated to grow at a substantial CAGR during the forecast period. The increasing trend of online retail shopping, the rising number of start-ups in the region that are developing mobile robots, the increasing prices of warehouse labor, and growing investments by large enterprises and SMEs in the development of mobile robots are some of the key factors driving the growth of the APAC warehouse robotics market.  Moreover, the rapidly rising manufacturing sector in the region is further influencing the growth of the market in the region.
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Some of the major players operating in the market include KUKA AG, Yamaha Robotics Holdings, ABB Ltd, KION GROUP AG, Daifuku Co. Ltd., YASKAWA ELECTRIC CORPORATION, Fetch Robotics, Inc., Honeywell International Inc., Siemens AG, and FANUC Corporation.

Global Warehouse Robotics Market Segmentation

Market Insight, by Product Type

• Mobile Robots
• Articulated Robots
• Cylindrical Robots
• SCARA Robots
• Parallel Robots
• Cartesian Robots

Market Insight, by Function

  • Pick & Place
  • Palletizing & Depalletizing
  • Transportation
  • Packaging
  • Others         

Market Insight, by End-User

• E-Commerce
• Automotive
• Electrical & Electronics
• Machinery
• Food & Beverages
• Pharmaceuticals
• Others

Market Insight, by Region

  • North America
    •  US
    •  Canada
    •  Rest of North America
  • Europe
    • Germany
    • France
    • Spain
    • UK
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
  • Rest of the World

Top Company Profiles

  • Yamaha Robotics Holdings
  • ABB Ltd
  • Daifuku Co. Ltd.
  • Fetch Robotics Inc.
  • Honeywell International Inc.
  • Siemens AG
  • FANUC Corporation

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