Warehouse Robotics Market Trends, Global Industry Analysis, Size, Share, Growth and Forecast 2023-2028

What is the Size of the Warehouse Robotics Market ? :

IMARC Group’s latest research report, titled “Warehouse Robotics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” the global warehouse robotics market size reached US$ 5.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 11.7 Billion by 2028, exhibiting a growth rate (CAGR) of 11.6% during 2023-2028.

What is Robotics in Warehouses ? :

Warehouse robotics encompasses advanced robotic systems designed to automate various tasks within warehouse and distribution center operations. These robotics solutions leverage cutting-edge technologies such as artificial intelligence, machine learning, and computer vision to optimize inventory management, order fulfillment, and overall logistics processes.

Warehouse robots enable faster order processing, accurate inventory management, and seamless integration with order management systems, contributing to the success of e-commerce fulfillment operations. In addition to this, they can also perform picking and packing, sorting, inventory tracking, and autonomous material handling. By introducing automation and robotics into warehousing operations, businesses can streamline processes, improve efficiency, reduce labor costs, and enhance overall productivity in the rapidly evolving world of supply chain management.

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Key Players Included in Global Warehouse Robotics Market Research Report:

• ABB Ltd
• Amazon.com Inc
• Fanuc Corp
• Fetch Robotics Inc
• Honeywell International Inc
• Kuka AG
• Locus Robotics
• Omron Corporation
• Siemens AG
• Yamaha Motor Co. Ltd
• Yaskawa Electric Corp

Warehouse Robotics Market Development and Future Growth:

The warehouse robotics market is majorly driven by the augmenting demand for warehouse automation to handle the increasing volume of online orders efficiently. This can be attributed to the exponential growth in the e-commerce industry. In line with this, the growing labor shortage in the warehousing industry is prompting companies to invest in robotics solutions to offset the limitations of a shrinking workforce.

Additionally, the advancement of technology, particularly in areas such as artificial intelligence, machine learning, and sensors is resulting in a higher product uptake in particularly complex environments. Furthermore, an increasing focus on optimizing warehouse space utilization and maximizing storage capacity is leading to the implementation of robotic systems enabling efficient storage and retrieval of goods. Moreover, stringent regulations related to workplace safety and ergonomic standards are fueling the market growth

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Key Market Segmentation:

Breakup by Type:

• Articulated
• Gantry
• Automated Storage and Retrieval System (ASRS)
• Mobile
• Others

Breakup by Function:

• Storage
• Trans-shipments
• Packaging
• Others

Breakup by End User:

• Food and Beverages
• Automotive
• Retail
• Electronics and Electrical
• Pharmaceuticals
• Others

 Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other) 

Key Highlights of the Report: 

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization. 

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