Warehouse Robotics Market to be Dominated by E-Commerce Through 2028
The global warehouse robotics market is expected to drive the
growth of the market during the forecast period due to the increasing emphasis
on integrating advanced technologies.
According to
TechSci Research report, “Warehouse Robotics Market – Global Industry Size,
Share, Trends, Opportunity, and Forecast, 2018-2028F” The warehouse robotics market
is indeed expected to be dominated by the e-commerce sector. With the rapid
growth of e-commerce and the increasing demand for faster order fulfillment,
warehouse robotics has become a crucial solution for warehouse management and
automation. E-commerce has experienced significant growth in recent years,
leading to a surge in order volume. To meet the rising demand and ensure
efficient order fulfillment, e-commerce companies are turning to warehouse
robotics to automate their warehousing operations, including tasks such as
order picking, packing, and sorting. E-commerce customers expect fast delivery
times, and this places immense pressure on e-commerce companies to streamline
their order fulfillment processes. Warehouse robotics enable faster and more
efficient order picking and packing, reducing the order processing time and
enabling e-commerce companies to meet customer expectations for faster
deliveries. Labor challenges such as rising labor costs, labor shortages, and
high turnover rates are common in the e-commerce sector. Warehouse robotics
offer a solution to mitigate these labor challenges by automating repetitive
and physically demanding tasks, reducing the dependence on manual labor.
E-commerce companies often experience seasonal spikes in order volume, such as
during peak shopping seasons. Warehouse robotics provide scalability and
flexibility in handling fluctuating order volumes, making them an ideal
solution for e-commerce companies and optimize warehouse operations, making
them highly suitable for e-commerce companies with complex fulfillment to meet
varying demand levels efficiently. Advancements in robotics technology,
including machine learning, computer vision, and artificial intelligence, are
driving innovation in the global warehouse robotics market. These technologies
enable robots to operate autonomously and adapt to changing environments and requirements.
In conclusion, the e-commerce
sector's rapid growth, coupled with the need for faster order fulfillment,
labor challenges, scalability requirements, and technological advancements, are
driving the dominance of e-commerce in the global warehouse robotics market.
E-commerce companies are increasingly adopting warehouse robotics to improve
their warehousing operations and stay competitive in the dynamic e-commerce
landscape.
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Based on software, the market is segmented into warehouse
management system, warehouse control system, and warehouse execution systems.
Based on type, the market is segmented into mobile robots, articulated robots,
cylindrical robots, scara robots, parallel robots, and cartesian robots. Based
on payload, the market is further bifurcated into 0.5 Kg to 10 Kg, 11 Kg to 80
Kg, 81 Kg to 180 Kg, 181 Kg to 300 Kg, 301 Kg to 900 Kg, more than 900. Based
on function, the market is segmented into pick & place, assembling &
dissembling, transportation, and packaging. Based on vertical, the market is
further split into e-commerce, automotive, electricals and electronics,
chemical, rubber & plastics, food & beverages, pharmaceutical, and
others. The market analysis also studies the regional segmentation to devise
regional market segmentation, divided among North America, Europe,
Asia-Pacific, South America, and Middle East & Africa.
North
America is anticipated to remain a strong contributor in the global warehouse
robotics market during the forecast period, owing to strong awareness and use
of industrial products. The warehouse robotics market in North America refers
to the market for automated robotic systems used in warehousing and
distribution operations in North America, which includes countries such as the
US, Canada, and Mexico. Warehouse robotics systems are designed to automate
various tasks in warehouses and distribution centers, such as material
handling, order picking, packing, and sorting, to improve efficiency, accuracy,
and productivity.
The
North America warehouse robotics market has been experiencing significant
growth in recent years due to factors such as increasing demand for e-commerce
and online shopping, rising labor costs, and the need for operational
efficiency in the warehousing and logistics industry. The adoption of advanced
technologies such as artificial intelligence (AI), machine learning (ML), and
Internet of Things (IoT) in warehouse robotics systems has also been driving
market growth. APAC is expected to register faster CAGR than any other region,
backed by increasing production facilities and rising domestic demand for
products.
Key market players in the global
warehouse robotics market include:
- JBT Corporation
- Daifuku Co., Ltd.
- ATS Automation
Tooling Systems, Inc.
- Bluebotics SA
- Dematic
Corporation
- EK Automation Ltd
- Fanuc Corporation
- Kiva Systems,
Inc.
- Amazon Robotics
- Intelligrated
Systems, Inc
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“North America shows
substantial growth prospects for warehouse robotics which can be attributed to
the significant benefits it offers to enterprises, including improved customer
satisfaction, reduced operating costs, and enhanced operating efficiency. The warehouse
robotics market is gaining traction and is expanding to various countries in
North America, including the US, Canada, and Mexico. Owing to the early
adoption of technologies, the US leads the market and is expected to continue
its dominance in North America Warehouse Robotics market during the forecast
period as well. The rapid growth of e-commerce and the increasing demand for
quick and accurate order fulfillment has led to a surge in the adoption of
warehouse robotics systems. E-commerce companies are leveraging warehouse
robots to streamline their order processing, reduce errors, and improve order
cycle times,” said Mr. Karan Chechi, Research Director with TechSci Research, a
research-based global management consulting firm.
“Warehouse Robotics Market – Global Industry Size, Share, Trends,
Opportunity, and Forecast, 2018-2028F Segmented By Software (Warehouse
Management System, Warehouse Control System, Warehouse Execution Systems), By
Type (Mobile Robots, Articulated Robots, Cylindrical Robots, Scara Robots,
Parallel Robots, Cartesian Robots), By Payload (0.5 Kg to 10 Kg, 11 Kg to 80
Kg, 81 Kg to 180 Kg, 181 Kg to 300 Kg, 301 Kg to 900 Kg, More than 900), By
Function (Pick & Place, Assembling & Dissembling, Transportation,
Packaging), By Vertical (E-Commerce, Automotive, Electricals & Electronics,
Chemical, Rubber & Plastics, Food & Beverages, Pharmaceutical, Others),
By Region, Competition”, has
evaluated the future growth potential of warehouse robotics and provides statistics and information on market structure,
size, share, and future growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions.
Besides, the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in the global warehouse
robotics market.
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