(MENAFN- Ameliorate Digital Consultancy)
In order to move materials, carry out numerous activities, and streamline/automate warehouse operations, warehouse robotics uses automated systems, robots, and specialized software.
warehouse robotics market is expected to grow at 12.88% CAGR from 2022 to 2029. It was valued 4.88 billion at 2020. It is expected to reach above USD 14.52 billion by 2029.
Exactitude Consultancy research's“Warehouse Robotics Market Forecast” study report focuses at sales and the overall global market for Warehouse Robotics in 2022. The sales forecast for Warehouse Robotics by region and market sector for the years 2023 through 2029 is then thoroughly analyzed. This study provides a comprehensive analysis of the global Warehouse Robotics market, with sales of Warehouse Robotics broken down by region, market sector, and sub-sector, in US$ million.
Based on market dynamics and development-promoting variables, the Warehouse Robotics Market research assesses market valuation and growth rate. On the most recent business prospects, trends, and news in the sector. Along with a SWOT analysis of the major suppliers, the research also includes a thorough market study and vendor landscape.
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Market Overview:
Warehouse robotics is the use of automated systems, robots, and specialized software to transfer different duties around and streamline the warehouse operation. E-commerce, automotive, pharmaceuticals, metal machinery, food & beverage manufacturing, and other industry verticals use warehouse robotics systems. In the supply chain, distribution center, and warehouse management communities, robots has recently gained notoriety. It continues to play a key role in warehouse automation, which is projected to support the expansion of the warehouse robotics market.
An increase in venture capital funding for warehouse robots
Venture capitalist funding for the warehouse robotics business has increased significantly. The rising need for automation and robotics solutions in the logistics and warehousing sector is what's driving this capital inflow. Investors in venture capital are aware of the market's potential for large returns on their investments as a result of things like greater productivity, decreased costs, and enhanced operational procedures. With the money, robotics businesses can create cutting-edge technology, increase their market share, and promote industry expansion.
competitive analysis
The research identifies the key establishes that will drive growth since demand is determined by a buyer's financial resources and the rate at which an item develops. Key companies and new entrants can gain insight into the spending reports of major market participants in this area, which will help them better appreciate the possibilities for investment in the global Warehouse Robotics market. It can be used more effectively by both established and up-and-coming players in the market to gain a thorough understanding of the sector.
Major companies in Warehouse Robotics Market are:
ABB, Honeywell Intelligrated, KUKA AG, OMRON Corporation, YASKAWA ELECTRIC CORPORATION, Fetch Robotics, Inc., Bastian Solutions, Inc., Daifuku Co., Ltd., Dematic, and KNAPP AG.
Recent Developments:
February 06, 2023: ABB Robotics developed an automated neutralizing antibody testing system with the University of Texas Medical Branch (UTMB) that is the most effective means of determining an individual's immunity to various strains of COVID. Developed by ABB Robotics, Life Sciences and Healthcare Lab, located at the Texas Medical Center Campus in Houston, Texas, the system dramatically increases the number of neutralizing antibody tests performed, from 15 to over 1,000 daily.
September 23, 2021 : Honeywell announced its latest innovation in robotic technology designed to help warehouses and distribution centers automate the manual process of unloading pallets, reducing the operational risks of potential injuries and labor shortages.
Warehouse Robotics Market Segmentation:
Warehouse Robotics Market By Product, 2020-2029, (USD Billion, Thousand Units)
Mobile Robots
Articulated Robots
Cylindrical Robots
Scara Robots
Parallel Robots
Cartesian Robots
Warehouse Robotics Market By Function, 2020-2029, (USD Billion, Thousand Units)
Pick & Place
Palletizing & De-Palletizing
Transportation
Packaging
Warehouse Robotics Market By Payload Capacity,2020-2029, (USD Billion, Thousand Units)
Below 10 Kg
11 Kg To 80 Kg
81 Kg To 400 Kg
401 Kg To 900 Kg
Above 900 Kg
Warehouse Robotics Market By Software, 2020-2029, (USD Billion, Thousand Units)
Warehouse Management System
Warehouse Control System
Warehouse Execution System
Warehouse Robotics Market By Application, 2020-2029, (USD Billion, Thousand Units)
E-Commerce
Automotive
Consumer Electronics
Food & Beverage
Healthcare
Others
Warehouse Robotics Market By Region, 2020-2029, (USD Billion, Thousand Units)
North America
Asia Pacific
Europe
South America
Middle East And Africa
Important Countries In All Regions Are Covered.
Our market analysts are professionals at carefully categorizing the global Warehouse Robotics market into various categories and assessing each segment's growth potential in detail. The research study begins with a comparison of the segments' consumption and growth rates throughout a nine-year assessment period. The report's segmentation study, which considers the market potential of the various categories examined, provides an excellent understanding of the global Warehouse Robotics market. Businesses can better understand their target market by segmenting it, which enables them to create marketing plans and products that are tailored to particular categories. Here are two typical methods for market segmentation: by kind and by application.
This report also splits the market by region:
The United States, Canada, and Mexico make up North America, while Germany, France, the United Kingdom, the Netherlands, Switzerland, Belgium, Russia, Italy, Spain, and Turkey make up Europe . Other countries covered in the report include China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and the rest of Asia-Pacific (APAC). Saudi Arabia, the United Arab Emirates, Israel, Egypt, South Africa, and the rest of the Middle East and Africa (MEA) are also included.
The overall part of the research also lists specific market-impacting variables and domestic market regulation changes that have an effect on the market's present and future tendencies. Some of the key data points used to estimate the market situation for specific nations are consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, and upstream and downstream value chain analysis. When giving prediction analysis of the country data, it also takes into account the presence and accessibility of international brands, the difficulties they encounter owing to strong or weak competition from local and domestic brands, the influence of domestic tariffs, and trade routes.
Strategic Points Covered in Table of Content of Global Warehouse Robotics Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Warehouse Robotics market
Chapter 2: Exclusive Summary – the basic information of the Warehouse Robotics Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Warehouse Robotics
Chapter 4: Presenting the Warehouse Robotics Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country
Chapter 6: Evaluating the leading manufacturers of the Warehouse Robotics market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
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