The growing trend to create an in-house
distributing facility in the retail sector for optimizing order fulfilment
operations is encouraging organizations to tilt towards automation. Warehouse
robots are manufactured to streamline the material handling including assembling,
dissembling, storage, sorting, trans-shipment, packaging, and labelling
processes as per the findings of a business intelligence report published by
IndustryARC. According to this market research report, the global warehouse
robotics market size was valued at $2.79 billion as of 2018. Following the
trends, the opportunities in the market are evaluated to grow at a healthy CAGR
of 10.46% during the forecast period of 2019 to 2025.
The report is titled “Warehouse Robotics Market: By Robot
Type (Fixed, Mobile); By System Type (Knapp Open Shuttle, Locus Robotics
System, Fetch Robotics Freight, Scallog System, Swisslog CarryPick ); By
Function (Goods Consolidation & Distribution, Order Fulfilment); By
Components (PLC, Micro-controller, Actuators, Others); By End User
(Manufacturing, Retail Distribution. Others) & By Geography - Forecast
(2019-2025).”The report contains comprehensive insights related to
trends, outlook, demands, forecast, and geographical distribution in the
market.
Global Warehouse Robotics Market: Leading
Segments
According to the analyst, geographically, APAC
held the highest market share for the warehouse robotics market in the year
2018. APAC was accountable for grasping 29.25% of the global warehouse robotics
market share. The region is dominating the market due to the increasing
influence of e-commerce, food and beverage, and electronics industries.
The key application in the global warehouse
robotics market is in the automotive industry. The rapidly increasing manufacturing
abilities of automotive manufacturers catering to global demand are responsible
for the growth in the automotive industry which further is driving the
warehouse robotics market growth. As per the analysts from IndustryARC, the
automotive application in the warehouse robotics market is growing at a healthy
CAGR of 11.61% through to 2025. The increasing demand for passenger cars and
commercial trucks have subsequently increased manufacturing pace in the sector
which further is driving the global warehouse robots market.
Global Warehouse Robotics Industry Analysis
Conventional warehouse operating systems are
being replaced by robotic warehouse systems. Warehouse automation focuses on
optimizing the speed and accuracy in the supply chain using automated warehouse
robots. According to the International Federation of Robotics[2] ,
the global sales of industrial robots reached 387,000 units in 2017. Numerous
industries such as food and beverage, packaging, and other manufacturing
companies are relying on the robots in the automatic warehouses to execute swift
operations. The upsurge of e-commerce business has established multiple
warehouses in various locations which have inspired the need for an automated
process to handle large scale products. Adopting a digital approach in the
warehouse activities has increased the hours of operation which has
significantly catapulted the efficiency of the business.
Global Warehouse Robotics Market Trends
·
The
advancing drone technology is paving its way to handle warehouse operations.
Hefty amounts of capital are being invested in the research and development
department in drone operations to implement the warehouse automation.
·
Artificial
intelligence and augmented reality are being integrated in the digital factory.
Implementation of such innovative technologies will amend the errors occurring
due to the fallacious human interactions.
·
The
opportunities in the warehouse robotics are cyclic and will continue
withdrawing profits for the global warehouse robotics market. The modularity of
robotic parts and software processes will continue to engulf profits in the
warehouse robotics market.
Global Warehouse Robotics Market: Competitive
Landscape
Some of the key companies operating in the
warehouse robotics market and contributing to innovating developments are
ABB Ltd., Fanuc Corp., Kuka AG, Yaskawa Electric Corp., Amazon.com, Inc.,
Yamaha Robotics, Fetch Robotics, Inc., Locus Robotics, Omron Corporation,
Honeywell International Inc., and Siemens AG.
Talk to one of our sales representative about
the full report by providing your details in the link below:
https://www.industryarc.com/support.php?id=1284
Related Reports:
A. Industrial Robotics Market
https://www.industryarc.com/Report/10629/industrial-robotics-market.html
What can you expect from the report?
The global warehouse robotics
market is prepared with the main agenda to cover the following 20
points:
1. Market Size by Product Categories &
Application
11. Demand Analysis (Revenue & Volume)
2. Market trends & Relevant Market
Data
12. Country level
Analysis
3. Manufacturer
Landscape
13. Competitor
Analysis
4. Distributor Landscape
14. Market
Shares Analysis
5. Pricing Analysis
15. Value
Chain Analysis
6. Top 10 End user Analysis
16. Supply
Chain Analysis
7. Product Benchmarking
17. Strategic
Analysis
8. Product Developments
18. Current
& Future Market Landscape Analysis
9. Mergers & Acquisition Analysis
19.
Opportunity Analysis
10. Patent Analysis
20.
Revenue and Volume Analysis
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and charge additionally for limited customization?
Response: Yes, we can customize the report by
extracting data from our database of reports and annual subscription databases.
We can provide the following free customization:
1. Increase the level of data in application or
end user industry.
2. Increase the number of countries in
geography chapter.
3. Find out market shares for other smaller
companies or companies which are of interest to you.
4. Company profiles can be requested based on
your interest.
5. Patent analysis, pricing, product analysis,
product benchmarking, value and supply chain analysis can be requested for a
country or end use segment.
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with our team, drop an e-mail to [email protected] to
discuss more about our consulting services.
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About IndustryARC: IndustryARC is a Research and Consulting Firm
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Technology, and Life sciences and Healthcare.
[2]https://ifr.org/ifr-press-releases/news/industrial-robot-sales-increase-worldwide-by-29-percent