Global Warehouse Robotics Market by Product (Mobile Robots, Cartesian Robots) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

Global warehouse robotics market size was valued at USD 3.19 Billion in 2018. It is projected to grow at a compound annual rate (CAGR of 11%) between 2019 and 2025. Robotic systems will be a major trend in the warehousing sector. They can reduce operational time and costs, and increase warehouse throughput. There are significant growth opportunities in the market due to increasing demand for automation, safety awareness, and high quality production.

Warehouse robotics can be viewed as one of the most efficient methods to reduce costs and increase availability of labor. It also helps to improve operational skills. Robots can lift heavy loads, as well as perform picking, transport, packaging, palletizing and other tasks within the facility. The market will continue to grow due to the increasing use of Artificial Intelligence, Machine Learning, Internet of Things (IoT), and other technologies that have emerged in the warehousing sector.

In the last decade, the demand for software solutions that can monitor warehouse operations and inventory flow has increased. Software professionals are constantly updating software solutions to add new functionalities. Many companies use a Warehouse Management System, (WMS), because it can perform multiple functions such as inventory management, labor management and Enterprise Resource Planning integration.

This market will be driven by the combination of growing retail and eCommerce sectors and technological shifts in automation that are energy efficient. Many companies incorporate robotics and automation in the development of their warehouses. Amazon, Inc., for example, had more than 100,000 robotics systems installed in 25 fulfillment centers across the United States in 2019. The company also installed 800 Pegasus and Xanthus robotics systems in fulfillment centers, and increased the robotic drive to approximately 200,000 robots worldwide.

Due to high turnover and shortages of skilled labor, robotic systems will see a significant increase in use in facilities. This is due to the expected rise of robotics. Cobots (collaborative robots) are becoming more popular in the warehouse industry. They are designed to improve security and simplify the human-machine interface. Machine learning and machine-learning technologies are enabling Cobots to become more intelligent, allowing them to perform warehouse tasks again after seeing the operator complete them once.

Product Insights

Mobile robots accounted for more than 25% of the total revenue in 2018, and will continue to grow over the forecast period. Because mobile robots are used to move small payloads within a facility, particularly in the retail and consumer electronics industries, they make up a significant segment of the global warehouse industry. They also offer greater flexibility than traditional automation systems.

Due to their ability to perform warehouse operations such as picking up and placing material, loading and unloading, among other things, the segment of cartesian robots is expected to see a significant growth. Because of their meticulousness in performing difficult tasks, articulated robots held a substantial market share in 2018. From 2019 to 2025, the segment of articulated robots is expected to grow at a significant CAGR of more than 9%. They are easy to align on different planes and offer simplicity in operation and maintenance. Due to their ability to provide accuracy and speed in tasks, the SCARA robots segment will see a significant increase over the forecast period. Due to their complex structure and the availability of more technologically advanced options, parallel robots are slowly losing demand.

Payload Capacity Insights

In 2018, the segment with a payload below 10 kg accounted for a significant revenue share, which was over 30%. It is expected to continue its dominance in 2019-2025. This can be attributed to the fact robots with lower payload capacities are able to carry most of the items in typical facilities catering to different end-use industries.

Operators rarely use robots that have a payload capacity greater than 400 kg. This is why the growth rates of the segments 401 to 900 kilograms and above 900kg payloads will remain slow. Those in high-demand industries like automotive and consumer electronics tend to invest in robots that can carry between 11 and 80 kg. In 2018, this segment accounted for more than 25% of the market.

Software Insights

Software vendors offer customized software solutions to manage the logistics and warehousing industry. Many of these software solutions provide a live plot of all active components within the system. Software displays live status for many elements, including online robots, storage shelves and pick stations as well as recharge stations. Operators can access information about these components such as shelf IDs and materials that are currently stored. These software solutions allow facility employees to inspect robots, and to give them commands to take over their current tasks. Software can detect when a robotic system is having trouble and take corrective action.

In 2018, the Warehouse Management System (WMS), software segment, earned a greater revenue share than 40%. It is expected to continue its dominance during the forecast period due to its ability manage all activity within a facility. These include consignment movement from one location to another within the facility, order collection, receipt, put-away and cycle counting. As many businesses invest in these software solutions to manage their customers and complex facilities, the Warehouse Execution System(WES) and Warehouse Control System (WCS segments will see significant growth between 2019-2025.

Application Insights

E-commerce is driving the market's development due to an increase in online shoppers and their demands for speedy delivery. This is also due to the increasing competition in the ecommerce industry. Due to continuous advances in medicine and the pharmaceutical industry, the healthcare segment is expected to see the fastest CAGR of more than 13% during the forecast period. Increasing investments in robotic systems that automate distribution centers will result in significant growth for the automotive and food and beverage segments. This will allow them to be more productive and safer.

Function Insights

Pick and Place accounted for the largest revenue share in the warehouse robotics market and will continue to be the dominant segment over the forecast period. In 2018, the packaging segment held a substantial market share of more than 25%. Many businesses are using robotic systems to improve their packaging performance and install sustainable, future-proof solutions. Companies are switching to robotic case packing, and using long-range robots to load containers into Form Fill Seal (FFS).

Warehouse robotics are driving the growth of warehouse transportation. This is due to the need to reduce transportation costs and improve the efficiency of loading and unloading goods. This sector is expected to experience the highest CAGR in the warehouse industry. Most goods that are shipped from one location to the next are loaded onto the floor of containers and piled up to the ceiling using no pallets. The items are typically unloaded when they reach the distribution center. They are then sorted and stacked on different pallets.

To avoid labor-intensive and time-consuming processes, companies are looking for robotic solutions. DHL International GmbH has developed a parcel robot that consists of a chassis and a 3D laser scanner. It also includes a telescopic conveyor belt and a gripping system which involves an articulated robot's arm and a grabber. The robot is placed in front the container to unload and scan all boxes with its laser.

As operators automate laborious tasks like manual palletizing using a robotic arm to free up workers to concentrate on more value-added tasks, the segment of palletizing and depalletizing is expected to grow.

Regional Insights

North America was the dominant market for warehouse robots in 2018. It is expected that it will continue to lead over the forecast period due to the rapid growth of new technologies and the vital presence of warehouse workers. Europe's market was worth more than USD 650 millions in 2018. The forecast period will see a slowdown in regional demand. The market saturation, fierce competition and difficult economic conditions are the main reasons for this slow growth rate. Germany will experience significant growth between 2019 and 2025 in Europe.

Asia Pacific will be the fastest-growing region between 2019 and 2025 due to an increasing number of production facilities and a growing domestic market for merchandise. The notable economic growth in Asia Pacific has also increased the use of warehouse robotics within the regional retailing as well as manufacturing sectors.

Market Share Insights & Key Companies

Due to technological advances and innovations in automation, robotics is being increasingly adopted in warehouses. It can identify monotonous tasks, reduce errors and speed up warehouse processes. The robots can adapt to their environment and are intelligent enough to change their tasks. This is a big plus for manufacturers who want to automate warehouses. Concerns are being raised about the possibility of robots replacing labor in a market that is experiencing significant growth.

To keep up with changing consumer demands for speed, many e-commerce businesses are working with robotic system providers in order to automate their facilities. Manufacturers use collaborative robots in their factories to aid them in performing critical tasks. Many companies use robotic arms in conjunction with their workforce to perform heavy lifting tasks, increasing efficiency and speeding up the assembly line. Among the most prominent players in warehouse robotics are:

• ABB

• Honeywell Intelligrated

• KUKA AG

• OMRON Corporation

• YASKAWA ELECTRIC COMPANY

• Fetch Robotics Inc.

• Bastian Solutions, Inc.

• Daifuku Co., Ltd.

• Dematic

• KNAPP AG.

Up Market Research published a new report titled “Warehouse Robotics Market research report which is segmented by Product (Mobile Robots, Cartesian Robots), By Players/Companies OMRON Corporation, KNAPP AG, Dematic, KUKA AG, Honeywell Intelligrated, Bastian Solutions Inc, ABB, YASKAWA ELECTRIC CORPORATIONS, Daifuku Co Ltd, Fetch Robotics Inc”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Warehouse Robotics Market Report Segments:

The market is segmented by Product (Mobile Robots, Cartesian Robots).

Warehouse Robotics Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Warehouse Robotics Market

Overview of the regional outlook of the Warehouse Robotics Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Warehouse Robotics Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Warehouse Robotics Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Mobile Robots

                2. Cartesian Robots

7. Market scenario by region, sub-region, and country.
8. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
9. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
10. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Warehouse Robotics Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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Reasons to Purchase the Warehouse Robotics Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.