Market Research Future (MRFR) has published on the “Global Warehouse Robotics and Automation Market”.
The Warehouse Robotics and Automation market is estimated to register a CAGR of 7.9% during the forecast period of 2024 to 2032.
MRFR recognizes the following companies as the key players in the global Passenger Aircraft Interior Used Serviceable Material (USM) market— DAIFUKU CO. LTD, Kardex, Murata Machinery, Honeywell International Inc., Boston Dynamics (Hyundai Motor Group), ABB LTD, Swisslog Holding AG (A Kuka Company), Toyota Industries Corporation, SSI Schaefer, and Vanderlande among others.
Market Highlights
The global Warehouse Robotics and Automation market is accounted for to register a CAGR of 7.9% during the forecast period and is estimated to reach USD 54,813.0 million by 2032.
The rapid development of e-commerce is one reason why there are so many warehouse robots. Warehouses are now under more pressure than ever to cope with an increasing number of orders due to the rise in online shopping. Traditional warehouse operations have had a hard time adjusting themselves following the emergence of e-commerce giants like Amazon and the increased expectations for rapid, accurate deliveries. Warehouse operations have come under increased strain from this boom in e-commerce which has necessitated quick order processing and delivery. Robotic automation is revolutionizing e-commerce by streamlining operations, improving efficiency, and enhancing customer experiences. In warehouses, robots handle tasks like picking, packing, sorting, and inventory management using advanced sensors and AI.
They ensure accurate stock levels and quality control. Autonomous delivery robots reduce delivery times and costs, handling last-mile deliveries and returns efficiently. Robots offer speed, accuracy, strength, and flexibility, augmenting human capabilities and creating more efficient processes. The surge in e-commerce and the shift towards omnichannel retailing are significant drivers of growth in the warehouse robotics market. With consumers increasingly shopping online, businesses are pressured to enhance their supply chain efficiency, speed, and accuracy to meet rising expectations. Warehouse robotics, including automated guided vehicles (AGVs) and robotic picking systems, offer a solution by streamlining operations, reducing errors, and accelerating order fulfillment processes. As retailers aim to provide seamless customer experiences across multiple sales channels, the integration of robotics becomes crucial in managing inventory, processing returns, and optimizing warehouse space. This trend is expected to propel the demand for advanced robotic solutions, driving substantial growth in the warehouse robotics sector.
These include automated systems such as robotic picking or workflow automation that assist warehouses in meeting the needs of e-commerce by speeding order processing times and reducing errors, thereby improving customer satisfaction. The surge in e-commerce activity has placed unprecedented demands on warehouses to process and deliver orders swiftly. Automated systems, such as robotic picking and workflow automation, enable warehouses to meet the demands of the e-commerce boom by accelerating order processing and reducing the likelihood of errors, ultimately improving customer satisfaction.
Segment Analysis
The global Warehouse Robotics and Automation market has been segmented based Type, Organization Size, Application Area and Industry Vertical.
Based on Type, the global warehouse robotics and automation is segmented into automated storage and retrieval system (AS/RS), conveyors and sortation systems, robotics systems, robotics systems, automated picking systems, and automated material handling systems. Remotely Operated Vehicles accounted for the largest market share in 2023.
Based on Organization Size, the global Warehouse Robotics and Automation Market has been segmented into SME’s and Large Enterprises.
Based on Application Area, the global Warehouse Robotics and Automation Market has been segmented into picking and placing, sorting, packing and sealing, transportation and logistics, storage and retrieval, quality control and inspection and others. Picking and placing accounted for the largest share in the Warehouse robotics and automation market in 2023.
Based on industry vertical, the global Warehouse Robotics and Automation market has been segmented into E-commerce, Retail, Healthcare and Pharmaceuticals, Electronics and Electrical, Chemicals, 3PL (Third-Party Logistics), Manufacturing and Others.
Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Warehouse Robotics and Automation Market Research Report
Regional Analysis
By Region, the study provides market insights into North America, Europe, Asia-Pacific, Middle East and Africa and South America. North America consists of the U.S, Canada, and Mexico. The region's dynamic manufacturing sector continues to be the main engine of wealth, employment, and innovation. IoT is becoming increasingly popular, and businesses in the US are figuring out how to use it with automated storage solutions to save even more time and money. Automated storage systems with IoT integration allow for remote monitoring, prompt report status production, faster error recovery, and increased productivity.
Europe region consists of UK, Germany, France, Rest of Europe for the study. region's dynamic manufacturing sector continues to be the main engine of wealth, employment, and innovation. IoT is becoming increasingly popular, and businesses in the US are figuring out how to use it with automated storage solutions to save even more time and money. Automated storage systems with IoT integration allow for remote monitoring, prompt report status production, faster error recovery, and increased productivity.
The Asia-Pacific region offers a growth opportunity market for warehouse robotics and automation. With expanding manufacturing industry and e-commerce activity, more warehouse space is required. The warehousing and storage sector has lately adopted automation, although the market is still in its infancy. Competition is projected to intensify as the market sees an increase in automation adoption, and rivals are expected to quickly develop innovations in this area during the forecast period.
Key Findings of the Study
- The global Warehouse Robotics and Automation market is expected to reach USD 54,813.0 million by 2032, at a CAGR of 7.9% during the forecast period.
- The Europe region accounted for the fastest-growing global market.
- Based on Type, the Robotic system segment was attributed to holding the largest market in 2023.
- DAIFUKU CO. LTD, Kardex, Murata Machinery, Honeywell International Inc., Boston Dynamics (Hyundai Motor Group), ABB LTD, Swisslog Holding AG (A Kuka Company), Toyota Industries Corporation, SSI Schaefer, and Vanderlande and Others among others are some of the players in the market.
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report
Companies Covered | 15 |
Pages | 128 |
Certified Global Research Member
![Isomar fd.webp](/assets/new_images/isomar-fd.webp-639e56ab480ebeefc64ce7663b3567c1213cbde51578df3a8dd3cda5e0bdc253.webp)
![Wcrc 57.webp](/assets/new_images/WCRC-57.webp-40ea92ba8885facb35c7d4d5d2337b078d89cd17a5ac5264d4de6398c023d350.webp)
Why Choose Market Research Future?
- Vigorous research methodologies for specific market.
- Knowledge partners across the globe
- Large network of partner consultants.
- Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- Trusted by fortune 500 companies/startups/ universities/organizations
- Large database of 5000+ markets reports.
- Effective and prompt pre- and post-sales support.
Tailored for You
- Dedicated Research on any specifics segment or region.
- Focused Research on specific players in the market.
- Custom Report based only on your requirements.
- Flexibility to add or subtract any chapter in the study.
- Historic data from 2014 and forecasts outlook till 2040.
- Flexibility of providing data/insights in formats (PDF, PPT, Excel).
- Provide cross segmentation in applicable scenario/markets.