Product Code: A01902
The global warehouse robotics market size was valued at $ 7,069.1 million in 2023 and is projected to reach $ 31,343.7 million by 2032, registering a CAGR of 18.2% from 2024 to 2032.
Warehouse robots are independent machines created to enhance or substitute human labor in a factory setting through automation. Moreover, robots consist of two components including the machine tailored for a specific task and the software that manages it. Typically, robots are designed for a specific function, such as transferring materials between warehouse slots or between slots and the loading dock. Additionally, some robots can rearrange the warehouse layout by moving entire racks to optimize space efficiency. In addition, increasing robots need for warehouse robotics owing to the current industry growth in the e-commerce sector. Warehouses and fulfillment centers are facing challenges in the absence of additional funding as customers place an increasing number of orders online and demand faster delivery times. Moreover, warehouses are now experiencing heightened pressure to expedite the movement of products from storage to shipping at an accelerated rate compared to previous times.
Warehouse automation combines software and hardware to enhance efficiency, work in quicker and more efficient order fulfillment. The warehouse management system (WMS) detects a sudden increase in orders for specific products. Moreover, the WMS may instruct its robotic systems to rearrange these items nearer to the loading area without disrupting ongoing operations. Moreover, at the time of processing orders, human workers can expedite order picking and pallet building since it have shorter distances to cover.
Furthermore, different sectors are experiencing varying rates of adoption when it comes to warehouse robotics. One sector that is rapidly implementing robotics is online retail. In fact, Amazon alone had more than 750,000 robots operating in its warehouses as of 2022, and other e-commerce giants are also embracing this technology. Walmart, for instance, introduced autonomous robots to 25 of its distribution centers in 2021, as reported by TechCrunch.
By type, the articulated robotic arm segment had the largest revenue in 2023. In warehousing robotics refers to the use of self-contained devices intended to either replace or supplement human labor in application related to manufacturing or logistics. A robot is made up of two parts: the software that directs the movements of the physical machine and the machine itself, which is designed to carry out a particular function. Such robots are made to perform specific tasks that caters to warehousing, including rearranging racks to maximize space utilization or moving materials around a warehouse. By integrating these robots into warehouse management systems and giving them sophisticated sensors and potent processing power, businesses can further augment the capabilities of these machines. Supply chain automation is greatly impacted by robots, whose market value is expected to increase from $13 billion in 2018 to $27 billion by 2025.
By operation, the assembling & dissembling segment had the largest revenue in 2023. Warehouse automation robotics have the potential to enhance supply chain visibility through the automation of inventory processes. In the past, warehouses were not typically designed for easy navigation. However, inventory robots leverage computer vision, deep learning, and standardized product identification to address this issue. Leading companies such as Ware and Gather AI utilize computer vision and deep learning technologies to swiftly and accurately scan warehouse shelves, surpassing the capabilities of human employees.
By end user, the automotive segment had the largest revenue in 2023. The food and beverage industry is also adopting robotics, as it depends on efficient and precise handling to deliver perishable goods to consumers in a timely manner. The automotive sector was among the pioneers in utilizing robotics, implementing it in assembly lines, and now they are rapidly automating other areas of their operations. Moreover, pharmaceutical companies demand utmost accuracy in their supply chain, as they must trace the origin and history of each pill they manufacture, and they are increasingly turning to robots to assist them in meeting these stringent requirements. For instance, at one of Amazon fulfillment centers close to Nashville, Tennessee, Amazon combined Proteus and Cardinal robotics systems to conduct a collaborative test on an outbound dock. The Cardinal system oversees putting packages destined for the same zip code into designated carts. The staff affectionately refers to this practice as 'playing Tetris'. Subsequently, Proteus system autonomously transports these fully packed carts to delivery trucks, smoothly navigating the open floor of the outbound dock and working alongside employees. Although there is still much work to be done to optimize this process, the potential safety advantages of this project are truly significant.
The warehouse robotics market is segmented on the basis of type, operation, end user, and region. By type, the market is categorized into automated guided vehicles (AGVs), automated storage and retrieval systems, cobots, articulated robotic arms, and others. Depending on operation, it is divided into pick & place, assembling & dissembling, and packaging. By end user, the market is segregated into food & beverage, electronics & electrical, automotive, and others. and Region wise, the market is analyzed across North America, Europe, Asia-Pacific, LA, and MEA.
Competition Analysis
Key companies profiled in the warehouse robotics market include KION Group, Honeywell International Inc., KUKA Industries GmbH & Co. K, BlueBotics, Omron Corporation, ABB Ltd., FANUC, Kawasaki Heavy Industries, Ltd., Hirata Corporation, and Delta Electronics, Inc.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the warehouse robotics market analysis from 2024 to 2032 to identify the prevailing warehouse robotics market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the warehouse robotics market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global warehouse robotics market trends, key players, market segments, application areas, and market growth strategies.
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- Analysis of raw material in a product (by %)
- Manufacturing Capacity
- End user preferences and pain points
- Investment Opportunities
- Senario Analysis & Growth Trend Comparision
- Technology Trend Analysis
- Consumer Preference and Product Specifications
- Market share analysis of players by products/segments
- New Product Development/ Product Matrix of Key Players
- Strategic Recommendations
- Additional company profiles with specific to client's interest
- Expanded list for Company Profiles
- Historic market data
- Key player details (including location, contact details, supplier/vendor network etc. in excel format)
- Market share analysis of players at global/region/country level
Key Market Segments
By Operation
- Pick and Place
- Assembling and Dissembling
- Packaging
By Type
- Automated Guided Vehicles (AGVS)
- Articulated Robotic Arms
- Collaborative Robots
- SCARA Robots
- Others
By End User
- Food and Beverage
- Electronics and Electrical
- Automotive
- Others
By Region
- North America
- Europe
- Germany
- France
- UK
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- South Korea
- India
- Rest of Asia-Pacific
- Latin America
- Brazil
- Argentina
- Colombia
- Chile
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- UAE
- Nigeria
- Egypt
- Rest Of Mea
Key Market Players:
- Honeywell International Inc.
- KION Group
- KUKA AG
- BlueBotics
- Omron Corporation
- ABB Ltd.
- Fanuc
- Kawasaki Heavy Industries, Ltd.
- HIRATA Corporation
- Delta Electronics, Inc.
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter's five forces analysis
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.2. Restraints
- 3.4.3. Opportunities
CHAPTER 4: WAREHOUSE ROBOTICS MARKET, BY TYPE
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. Automated Guided Vehicles (AGVS)
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. Articulated Robotic Arms
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
- 4.4. Collaborative Robots
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
- 4.5. SCARA Robots
- 4.5.1. Key market trends, growth factors and opportunities
- 4.5.2. Market size and forecast, by region
- 4.5.3. Market share analysis by country
- 4.6. Others
- 4.6.1. Key market trends, growth factors and opportunities
- 4.6.2. Market size and forecast, by region
- 4.6.3. Market share analysis by country
CHAPTER 5: WAREHOUSE ROBOTICS MARKET, BY OPERATION
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. Pick and Place
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.3. Assembling and Dissembling
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
- 5.4. Packaging
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
CHAPTER 6: WAREHOUSE ROBOTICS MARKET, BY END USER
- 6.1. Overview
- 6.1.1. Market size and forecast
- 6.2. Food and Beverage
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
- 6.3. Electronics and Electrical
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
- 6.4. Automotive
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by region
- 6.4.3. Market share analysis by country
- 6.5. Others
- 6.5.1. Key market trends, growth factors and opportunities
- 6.5.2. Market size and forecast, by region
- 6.5.3. Market share analysis by country
CHAPTER 7: WAREHOUSE ROBOTICS MARKET, BY REGION
- 7.1. Overview
- 7.1.1. Market size and forecast By Region
- 7.2. North America
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by Type
- 7.2.3. Market size and forecast, by Operation
- 7.2.4. Market size and forecast, by End User
- 7.2.5. Market size and forecast, by country
- 7.2.5.1. U.S.
- 7.2.5.1.1. Market size and forecast, by Type
- 7.2.5.1.2. Market size and forecast, by Operation
- 7.2.5.1.3. Market size and forecast, by End User
- 7.2.5.2. Canada
- 7.2.5.2.1. Market size and forecast, by Type
- 7.2.5.2.2. Market size and forecast, by Operation
- 7.2.5.2.3. Market size and forecast, by End User
- 7.2.5.3. Mexico
- 7.2.5.3.1. Market size and forecast, by Type
- 7.2.5.3.2. Market size and forecast, by Operation
- 7.2.5.3.3. Market size and forecast, by End User
- 7.3. Europe
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by Type
- 7.3.3. Market size and forecast, by Operation
- 7.3.4. Market size and forecast, by End User
- 7.3.5. Market size and forecast, by country
- 7.3.5.1. Germany
- 7.3.5.1.1. Market size and forecast, by Type
- 7.3.5.1.2. Market size and forecast, by Operation
- 7.3.5.1.3. Market size and forecast, by End User
- 7.3.5.2. France
- 7.3.5.2.1. Market size and forecast, by Type
- 7.3.5.2.2. Market size and forecast, by Operation
- 7.3.5.2.3. Market size and forecast, by End User
- 7.3.5.3. UK
- 7.3.5.3.1. Market size and forecast, by Type
- 7.3.5.3.2. Market size and forecast, by Operation
- 7.3.5.3.3. Market size and forecast, by End User
- 7.3.5.4. Italy
- 7.3.5.4.1. Market size and forecast, by Type
- 7.3.5.4.2. Market size and forecast, by Operation
- 7.3.5.4.3. Market size and forecast, by End User
- 7.3.5.5. Rest of Europe
- 7.3.5.5.1. Market size and forecast, by Type
- 7.3.5.5.2. Market size and forecast, by Operation
- 7.3.5.5.3. Market size and forecast, by End User
- 7.4. Asia-Pacific
- 7.4.1. Key market trends, growth factors and opportunities
- 7.4.2. Market size and forecast, by Type
- 7.4.3. Market size and forecast, by Operation
- 7.4.4. Market size and forecast, by End User
- 7.4.5. Market size and forecast, by country
- 7.4.5.1. China
- 7.4.5.1.1. Market size and forecast, by Type
- 7.4.5.1.2. Market size and forecast, by Operation
- 7.4.5.1.3. Market size and forecast, by End User
- 7.4.5.2. Japan
- 7.4.5.2.1. Market size and forecast, by Type
- 7.4.5.2.2. Market size and forecast, by Operation
- 7.4.5.2.3. Market size and forecast, by End User
- 7.4.5.3. South Korea
- 7.4.5.3.1. Market size and forecast, by Type
- 7.4.5.3.2. Market size and forecast, by Operation
- 7.4.5.3.3. Market size and forecast, by End User
- 7.4.5.4. India
- 7.4.5.4.1. Market size and forecast, by Type
- 7.4.5.4.2. Market size and forecast, by Operation
- 7.4.5.4.3. Market size and forecast, by End User
- 7.4.5.5. Rest of Asia-Pacific
- 7.4.5.5.1. Market size and forecast, by Type
- 7.4.5.5.2. Market size and forecast, by Operation
- 7.4.5.5.3. Market size and forecast, by End User
- 7.5. Latin America
- 7.5.1. Key market trends, growth factors and opportunities
- 7.5.2. Market size and forecast, by Type
- 7.5.3. Market size and forecast, by Operation
- 7.5.4. Market size and forecast, by End User
- 7.5.5. Market size and forecast, by country
- 7.5.5.1. Brazil
- 7.5.5.1.1. Market size and forecast, by Type
- 7.5.5.1.2. Market size and forecast, by Operation
- 7.5.5.1.3. Market size and forecast, by End User
- 7.5.5.2. Argentina
- 7.5.5.2.1. Market size and forecast, by Type
- 7.5.5.2.2. Market size and forecast, by Operation
- 7.5.5.2.3. Market size and forecast, by End User
- 7.5.5.3. Colombia
- 7.5.5.3.1. Market size and forecast, by Type
- 7.5.5.3.2. Market size and forecast, by Operation
- 7.5.5.3.3. Market size and forecast, by End User
- 7.5.5.4. Chile
- 7.5.5.4.1. Market size and forecast, by Type
- 7.5.5.4.2. Market size and forecast, by Operation
- 7.5.5.4.3. Market size and forecast, by End User
- 7.5.5.5. Rest of Latin America
- 7.5.5.5.1. Market size and forecast, by Type
- 7.5.5.5.2. Market size and forecast, by Operation
- 7.5.5.5.3. Market size and forecast, by End User
- 7.6. Middle East and Africa
- 7.6.1. Key market trends, growth factors and opportunities
- 7.6.2. Market size and forecast, by Type
- 7.6.3. Market size and forecast, by Operation
- 7.6.4. Market size and forecast, by End User
- 7.6.5. Market size and forecast, by country
- 7.6.5.1. Saudi Arabia
- 7.6.5.1.1. Market size and forecast, by Type
- 7.6.5.1.2. Market size and forecast, by Operation
- 7.6.5.1.3. Market size and forecast, by End User
- 7.6.5.2. UAE
- 7.6.5.2.1. Market size and forecast, by Type
- 7.6.5.2.2. Market size and forecast, by Operation
- 7.6.5.2.3. Market size and forecast, by End User
- 7.6.5.3. Nigeria
- 7.6.5.3.1. Market size and forecast, by Type
- 7.6.5.3.2. Market size and forecast, by Operation
- 7.6.5.3.3. Market size and forecast, by End User
- 7.6.5.4. Egypt
- 7.6.5.4.1. Market size and forecast, by Type
- 7.6.5.4.2. Market size and forecast, by Operation
- 7.6.5.4.3. Market size and forecast, by End User
- 7.6.5.5. Rest Of MEA
- 7.6.5.5.1. Market size and forecast, by Type
- 7.6.5.5.2. Market size and forecast, by Operation
- 7.6.5.5.3. Market size and forecast, by End User
CHAPTER 8: COMPETITIVE LANDSCAPE
- 8.1. Introduction
- 8.2. Top winning strategies
- 8.3. Product mapping of top 10 player
- 8.4. Competitive dashboard
- 8.5. Competitive heatmap
- 8.6. Top player positioning, 2023
CHAPTER 9: COMPANY PROFILES
- 9.1. Honeywell International Inc.
- 9.1.1. Company overview
- 9.1.2. Key executives
- 9.1.3. Company snapshot
- 9.1.4. Operating business segments
- 9.1.5. Product portfolio
- 9.1.6. Business performance
- 9.1.7. Key strategic moves and developments
- 9.2. KION Group
- 9.2.1. Company overview
- 9.2.2. Key executives
- 9.2.3. Company snapshot
- 9.2.4. Operating business segments
- 9.2.5. Product portfolio
- 9.2.6. Business performance
- 9.2.7. Key strategic moves and developments
- 9.3. KUKA AG
- 9.3.1. Company overview
- 9.3.2. Key executives
- 9.3.3. Company snapshot
- 9.3.4. Operating business segments
- 9.3.5. Product portfolio
- 9.3.6. Business performance
- 9.3.7. Key strategic moves and developments
- 9.4. BlueBotics
- 9.4.1. Company overview
- 9.4.2. Key executives
- 9.4.3. Company snapshot
- 9.4.4. Operating business segments
- 9.4.5. Product portfolio
- 9.4.6. Business performance
- 9.4.7. Key strategic moves and developments
- 9.5. Omron Corporation
- 9.5.1. Company overview
- 9.5.2. Key executives
- 9.5.3. Company snapshot
- 9.5.4. Operating business segments
- 9.5.5. Product portfolio
- 9.5.6. Business performance
- 9.5.7. Key strategic moves and developments
- 9.6. ABB Ltd.
- 9.6.1. Company overview
- 9.6.2. Key executives
- 9.6.3. Company snapshot
- 9.6.4. Operating business segments
- 9.6.5. Product portfolio
- 9.6.6. Business performance
- 9.6.7. Key strategic moves and developments
- 9.7. Fanuc
- 9.7.1. Company overview
- 9.7.2. Key executives
- 9.7.3. Company snapshot
- 9.7.4. Operating business segments
- 9.7.5. Product portfolio
- 9.7.6. Business performance
- 9.7.7. Key strategic moves and developments
- 9.8. Kawasaki Heavy Industries, Ltd.
- 9.8.1. Company overview
- 9.8.2. Key executives
- 9.8.3. Company snapshot
- 9.8.4. Operating business segments
- 9.8.5. Product portfolio
- 9.8.6. Business performance
- 9.8.7. Key strategic moves and developments
- 9.9. HIRATA Corporation
- 9.9.1. Company overview
- 9.9.2. Key executives
- 9.9.3. Company snapshot
- 9.9.4. Operating business segments
- 9.9.5. Product portfolio
- 9.9.6. Business performance
- 9.9.7. Key strategic moves and developments
- 9.10. Delta Electronics, Inc.
- 9.10.1. Company overview
- 9.10.2. Key executives
- 9.10.3. Company snapshot
- 9.10.4. Operating business segments
- 9.10.5. Product portfolio
- 9.10.6. Business performance
- 9.10.7. Key strategic moves and developments