Report Id: SNS/SEMI/2201 | July 2022 | Region: Global | 140 Pages
Report Scope & Overview:
Warehouse Robotics Market Size was valued at USD 4.34 billion in 2022, and expected to reach USD 10.30 billion by 2030, and grow at a CAGR of 11.4% over the forecast period 2023-2030.
To transfer various tasks and more efficiently automate warehouse processes, warehouse robotics refers to the use of automated systems, robots, and specialized software. Systems for warehouse robots are utilized in various industries, including e-commerce, automotive, pharmaceutical, metalworking, food & beverage, and others. Robotics plays a vital role in warehouse automation and has recently acquired importance in the supply chain, distribution center, and warehouse management communities. This is projected to support the growth of the warehouse robotics market.
MARKET DYNAMICS:
KEY DRIVERS:
Small and medium-sized businesses are using warehouse robotics more and more (smes).
Venture capitalist financing has increased.
Growing e-commerce sector.
RESTRAINTS:
Insufficiently qualified labour to operate robots.
Expensive setup cost.
OPPORTUNITIES:
Rise of mobile, autonomous robots (AMR).
Incorporating of warehouse robots and Industry 4.0.
CHALLENGES:
Lack of awareness in emerging nations.
Worries about cybersecurity.
IMPACT OF COVID-19:
Due to the outbreak of COVID-19, most businesses are closed, operations at all various businesses, warehouses, and production facilities are suspended. To control the spread of the virus, the government has enacted strict laws such as maintaining social isolation, closing down businesses, and setting up transportation, supply chains, and so on. India is heavily affected and the market for Wearhouse robotics is also affected by the epidemic. Even in this epidemic, robots and automation are very effective in controlling the situation. In addition, they desperately want a home delivery that plays a key role in this situation. However, COVID brings new opportunities in the market for warehouse robotics.
MARKET ESTIMATION:
Based on Type, the warehouse robotics market is segmented into Autonomous Mobile Robot (AMR), Collaborative Robots, Cylindrical and SCARA Robots, Articulated Robots, Automated Guided Vehicle (AGV) and Others.
The market for warehouse robotics AMR type is expected to dominate and show the highest CAGR at the time of forecasting. The growing popularity of e-commerce shopping platforms and the growing need to improve the efficiency of warehouses have led companies to focus on automation. In addition, increased accessibility and return on investment (ROI) are expected to further market growth. Flexibility and efficiency have become key drivers in the e-commerce fulfillment market as retailers and transport companies struggle to cope with changing needs, seasonal peaks, and rising delivery expectations. Mobile robot systems offer high performance flexibility. In addition, advances in artificial intelligence, in-depth learning, and robotics are enhancing their skills.
Based on payload capacity, the warehouse robotics market is segmented into <10 kg, 11 kg to 80 kg, 81 kg to 400 kg, 401 kg to 900 kg and >900 kg.
The payload capacity of less than 10 kg has registered a large revenue share of more than 40% in 2021 and is estimated to ensure its governance from 2022 to 2028. This is because robots with low payloads can carry most of the items in a standard catering facility for various industries used in the end. Robots with a payload capacity of 400 kg and above are rarely used by operators, which is why the growth rate of sections 401 kg to 900 kg, and payloads of more than 900 kg are expected to remain lasser for years to come. In particular, operators of much-needed industries such as automotive and consumer electronics invest in robots with 11 kg to 80 kg payload capacity.
Based on Industry, the warehouse robotics market is segmented into E-Commerce, Food & Beverage, Electrical & Electronics, Pharmaceutical, Metal & Machinery, Automotive, Chemical, Rubber, And Plastics and Others. E-commerce trends have an impact on the logistics, manufacturing, and transportation industries, indicating that it is becoming increasingly important for these industries to develop and adopt automated solutions. The growing demand for fast order delivery to customers in an accurate and unambiguous manner, the growing competition in the e-commerce industry, and the rapid rise in online shopping are key factors that are expected to drive the growth of the e-commerce warehouse robotics market industry.
COMPETITIVE LANDSCAPE:
The key players in the warehouse robotics market are ABB Ltd., Kuka, Amazon, Fetch Robotics, Honeywell International, Fanuc Corporation, Yaskawa Electric Corp., Yamaha Robotics, Locus Robotics, Omron Corporation and Siemens.
MARKET SEGMENTATION:
BY TYPE
Autonomous Mobile Robot (AMR),
Collaborative Robots
Cylindrical And SCARA Robots
Articulated Robots
Automated Guided Vehicle (AGV)
Others
BY FUNCTION
Picking And Placing
Palletizing And De-Palletizing
Transportation
Sorting And Packaging
BY PAYLOAD CAPACITY
<10 kg
11 kg to 80 kg
81 kg to 400 kg
401 kg to 900 kg
>900 kg
BY INDUSTRY
E-Commerce
Food & Beverage
Electrical & Electronics
Pharmaceutical
Metal & Machinery
Automotive
Chemical, Rubber, And Plastics
Others
REGIONAL ANALYSIS:
Warehouse robotics market is based in regions such as Asia-Pacific, Europe, North America, and the rest of the world. North America is hosting the largest market share during the review of their growing demand and raising awareness about productive quality and safety. In addition, the high adoption of automation technologies, the high number of older players, the modernization of their plants drives the need for this market in the region. In addition, Asia-Pacific is estimated to be the fastest growing region in the ever-expanding manufacturing market, continuous development, rising domestic demand for products, and improved storage capacity are factors that increase market demand. in this region. According to the International Federation of Robotics (IFR) it launched the World Robotics report in September 2019 that Asia is the largest industrial robotics market in the world. China remains the largest market with 39% market share for total investment.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
Report Attributes | Details |
---|---|
Market Size in 2022 | US$ 4.34 Billion |
Market Size by 2030 | US$ 10.30 Billion |
CAGR | CAGR of 11.4% From 2023 to 2030 |
Base Year | 2022 |
Forecast Period | 2023-2030 |
Historical Data | 2020-2021 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Type (Autonomous Mobile Robot (AMR), Collaborative Robots, Cylindrical And SCARA Robots, Articulated Robots, Automated Guided Vehicle (AGV), Other) • By Function (Picking And Placing, Palletizing And De-Palletizing, Transportation, Sorting And Packaging) • By Payload Capacity (<10>900 Kg) • By Industry (E-Commerce, Food & Beverage, Electrical & Electronics, Pharmaceutical, Metal & Machinery, Automotive, Chemical, Rubber, And Plastics, Others) |
Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
Company Profiles | ABB Ltd., Kuka, Amazon, Fetch Robotics, Honeywell International, Fanuc Corporation, Yaskawa Electric Corp., Yamaha Robotics, Locus Robotics, Omron Corporation and Siemens. |
Key Drivers | • Small and medium-sized businesses are using warehouse robotics more and more (smes). • Venture capitalist financing has increased • Growing e-commerce sector. |
Restraints | • Insufficiently qualified labour to operate robots. • Expensive setup cost. |
Frequently Asked Questions (FAQ) :
The Industrial Refrigeration Market size was valued at 3.9 billion in 2021 at a CAGR of 11.4%.
The market value is expected to reach USD 8.3 billion by 2028.
The market has been segmented with respect to type, payload capacity, industry and function.
Top-down research, bottom-up research, qualitative research, quantitative research, and Fundamental research.
Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Warehouse Robotics Market Segmentation, by solution type
8.1Introduction
8.2 Autonomous Mobile Robot (AMR),
8.3 Collaborative Robots
8.4 Cylindrical And SCARA Robots
8.5 Articulated Robots
8.6 Automated Guided Vehicle (AGV)
8.7 Others
9. Warehouse Robotics Market Segmentation, by function
9.1Introduction
9.2 Picking And Placing
9.3 Palletizing And De-Palletizing
9.4 Transportation
9.5 Sorting And Packaging
10. Warehouse Robotics Market Segmentation, by payload capacity
10.1 Introduction
10.2 <10 kg
10.3 11 kg to 80 kg
10.4 81 kg to 400 kg
10.5 401 kg to 900 kg
10.6 >900 kg
11. Warehouse Robotics Market Segmentation, by Industry
11.1 Introduction
11.2 E-Commerce
11.3 Food & Beverage
11.4 Electrical & Electronics
11.5 Pharmaceutical
11.6 Metal & Machinery
11.7 Automotive
11.8 Chemical, Rubber, And Plastics
11.9 Others
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 USA
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 France
12.3.4 Italy
12.3.5 Spain
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4 Asia-Pacific
12.4.1 Japan
12.4.2 South Korea
12.4.3 China
12.4.4 India
12.4.5 Australia
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.1 Israel
12.5.2 UAE
12.5.3 South Africa
12.5.4 Rest
12.6 Latin America
12.6.1 Brazil
12.6.2 Argentina
12.6.3 Rest of Latin America
13.Company Profiles
13.1 Fetch Robotics
13.1.1 Financial
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 ABB Ltd.
13.3 Kuka
13.4 Amazon
13.5 Honeywell International
13.6 Fanuc Corporation
13.7 Yaskawa Electric Corp.
13.8 Yamaha Robotics
13.9 Locus Robotics
13.10 Omron Corporation
13.11 Siemens
14.Competitive Landscape
14.1 Competitive Benchmark
14.2 Market Share analysis
14.3 Recent Developments
15.Conclusion
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