(MENAFN- GlobeNewsWire - Nasdaq) Dublin, Nov. 25, 2021 (GLOBE NEWSWIRE) -- The 'Warehouse Robotics Market by Type, by Payload Capacity, by Component, by System Type, by Function, and by Industry Vertical - Global Opportunity Analysis and Industry Forecast 2021-2030' report has been added to ResearchAndMarkets.com's offering.
The Warehouse Robotics Market size was valued at USD 53.21 billion in 2020.
It includes usage of robots, automated systems, and specialized software to perform various tasks, transport materials, and automate/streamline warehouse processes. The warehouse robotics performs various jobs such as back-office functions, pallet moving, picking, floor cleaning, pallet building, barcode scanning, and inventory data management.
Market Dynamics and Trends:
Growth of the warehouse robotics market is mainly driven by lucrative benefits of robots in warehousing. These benefits include improved safety, increased efficiency, improved order accuracy, reduced workforce costs, and ability to bridge the labor shortage gap. In addition to this, factors such as expanding e-commerce industry and significant rise in the need for enhanced reliability and quality of warehouse operations boost the demand for warehouse robotics systems.
However, high cost associated with the setup of warehouse robotics along with lack of skilled workforce may hamper the growth of the market to some extent. On the contrary, emergence of Industry 4.0 is anticipated to provide lucrative growth opportunities for the market. Furthermore, rise of autonomous mobile robots (AMR) is expected to be opportunistic for the market growth during the forecast period.
Market Segmentations and Scope of the Study:
The global warehouse robotics market is segmented on the basis of type, payload capacity, component, system type, function, industry vertical, and region. By type, the market is classified into industrial robots, sortation systems, conveyors, palleizers, automated storage and retrieval system, and mobile robots. On the basis of payload capacity, the market is bifurcated into 1-16 Kg, 16.1-60 Kg, 60.1-225 Kg, and More Than 225 Kg. On the basis of component, it is divided into programmable logic controller (PLC), microprocessors and microcontrollers, actuators, and sensors.
According to the system type, Knapp open shuttle market, locus robotics system market, fetch robotics freight market, scallog system market, and Swiss log carry pick market. As per the function, the market is segmented into storage, packaging, trans-shipment, and others. According to the industry vertical, the market is divided into automotive & transportation, food & beverages, retail, healthcare, electrical & electronics, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and rest of World.
North America is expected to hold the largest share in the warehouse robotics market during the forecast. The warehouse robotics industry landscape in this region is continuously evolving. Overall warehouse robotics expenditures are continuously growing across U.S. and Canada. These countries are significantly observing a tremendous investment in the R&D activities to develop advanced capability enabled robotic technologies. In addition to this, the proliferation of innovative technologies at a higher rate along with presence of leading warehouse operatives in the region boosts growth of the market.
However, Europe is expected to experience a significant growth. This is due to the significant government support for the automation industry along with rise of manufacturing sector in the region.
Also, growth of the Europe warehouse robotics market is mainly driven by implementation of Industry 4.0 and the industrial automation.
The company profiles of warehouse robotics market players included in this report are ABB Corp., Fanuc, Kuka AG, Yaskawa, Amazon, IBM, 6 River Systems, Toshiba Corporation, Honeywell International Inc., and Locus Robotics. The global warehouse robotics industry key market players are adopting various strategies such as product launch, product development, partnership, collaboration, and agreements to influence the market growth. These manufacturers are actively indulging in R&D initiatives, product & technology innovations, and industrial collaborations to enhance their product and increase their growth and geographical reach.
For instance, in September, 2021, Honeywell launched the innovative robotic technology to help distribution centers and warehouses to automate the manual process of unloading pallets by reducing the operational risks of labor shortages and potential injuries. Also, in November, 2019, Amazon introduced New Amazon Robotics Innovation Hub and Plans to Create 200 tech and advanced manufacturing jobs in Massachusetts.
Key Topics Covered:
2. Warehouse Robotics Market - Executive Summary
3. Market Overview
3.1. Market Definition and Scope
3.2. Market Dynamics
4. Covid-19 Analysis
4.1. Impact on Market Size
4.2. End-user Trends & Preferences, and Budget & Economic Impact
4.3. Key Player Strategies to Tackle Covid-19's Influence on Market
5. Market Share Analysis
5.1. Market Share Analysis of Top Warehouse Robotics Providers, 2020
6. Global Warehouse Robotics Market, by Type
6.2. Industrial Robots
6.3. Sortation Systems
6.6. Automated Storage and Retrieval System
6.7. Mobile Robots
7. Global Warehouse Robotics Market, by Payload Capacity
7.5. More Than 225 Kg
8. Global Warehouse Robotics Market, by Component
8.2. Programmable Logic Controller (Plc)
8.3. Microprocessors and Microcontrollers
9. Global Warehouse Robotics Market, by System Type
9.2. Knapp Open Shuttle Market
9.3. Locus Robotics System Market
9.4. Fetch Robotics Freight Market
9.5. Scallog System Market
9.6. Swisslog Carrypick Market
10. Global Warehouse Robotics Market, by Function
11. Global Warehouse Robotics Market, by Industry Vertical
11.2. Automotive & Transportation
11.3. Food & Beverages
11.6. Electrical & Electronics
11.7. Other Industries
12. Global Warehouse Robotics Market, by Region
12.2. North America
12.5. Rest of World
13. Company Profiles
13.3. Kuka AG
13.4. Yaskawa Electric Corporation
13.5. Toshiba Corporation
13.6. Honeywell International Inc.
13.7. Amazon Robotics
13.8. International Business Machines Corporation
13.9. 6 River Systems, LLC
13.10. Locus Robotics
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Tags Autonomous Mobile Robot Industrial Robot Mobile Robot Robot Robotics Warehouse Robotics
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