Warehouse Robotics and Automation Market Research Report By Type (Automated Storage and Retrieval Systems (AS/RS), Conveyors and Sortation Systems, Robotics Systems, Automated Picking Systems and Automated Material Handling Systems), by Organization Size (Small and Medium-Sized Enterprises (SMEs) and Large Enterprises), by Application Area (Picking and Placing, Sorting, Packing and Sealing, Transportation and Logistics, Storage and Retrieval, Quality Control and Inspection and Others), by Industry Vertical (E-commerce, Retail, Healthcare an

Global Warehouse Robotics and Automation Market Overview

Warehouse Robotics and Automation Market Size was valued at USD 25,866.2 million in 2023. The Warehouse Robotics and Automation Market industry is projected to grow from USD 29,849.6 Million in 2024 to USD 54,813.0 million by 2032, exhibiting a compound annual growth rate (CAGR) of 7.9 % during the forecast period (2024- 2032).  Warehouse robotics means the application of an automated system and machine (or robots) to accomplish the normal operation of a warehouse. This field covers both the tangible robots and the software that is used in the operation of the robots. These are essentially used in warehouse automation where they can either supplement or act as a substitute to human input in the handling of goods, picking of orders, and storage. Generally, a warehouse robot is a single purpose robot designed for a particular job and operated by software.

FIGURE 1: WAREHOUSE ROBOTICS AND AUTOMATION MARKET SIZE 2019-2032 (USD MILLION)

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Warehouse Robotics and Automation Market Trends

INCREASING ADOPTION OF CLOUD-BASED SOLUTIONS

Implementing a combination of cloud-based software and robotics will help warehouses meet modern fulfillment demands and capitalize on current market developments. Unfortunately, many warehouses still operate with no automation in place. With an ever-increasing demand for warehouse services, it is essential to find intelligent solutions to put them in place quickly and without disrupting current operations. The future of warehouse operations includes people and robots working together.

Cloud-based solutions are still relatively new. One advantage of using a cloud solution is that it eliminates the high costs of installing and maintaining servers. Regarding warehouses, phasing out the need for server space means more dedicated warehouse space. Another significant advantage of using a web-based software solution is the capability for automatic upgrades. Cloud-based systems set you up for success because they are flexible and scalable. According to Logistics Management, warehouse management system adoption topped 90% for the first time while paper-based picking system use, previously common before WMS, dropped by 60%.

This warehouse management trend is being driven by fluctuating market demands, causing major organizations to adopt more scalable solutions that allow them to adjust inventory and storage in real time as their business grows. These systems, such as Oracle NetSuite WMS and SAP Extended Warehouse Management, use data integration and automation to streamline tasks like order picking, shipping, and inventory measurement. Almost every major company uses both warehouse automation and management software. For instance, Walmart uses a cloud-based WMS to coordinate and manage inventory across stores and distribution centers, allowing it to achieve its targeted inventory levels.

Warehouse Robotics and Automation Market Segment Insights

Warehouse Robotics and Automation Type Insights

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. Robotic systems accounted for the largest market share in 2023. Robotic systems are advanced technologies that provide solutions that can help organizations run more efficiently and can accommodate increased needs with effectiveness. Warehouse robotics’ is a broad term that refers to a number of systems that are employed in a warehouse to perform specific tasks ranging from storage and order picking to order replenishment. These are of great importance in contemporary material handling by responding to issues such as the complicated supply chain systems, order picking versatility, increasing costs of labor, and shortage of the same. Robotics applied in warehouses help in increasing efficiency in operations, and this reduces the chances of making mistakes.

Warehouse Robotics and Automation Organization Size Insights

Based on Organization Size, the Warehouse Robotics and Automation Market has been segmented into SME’s and Large Enterprises. In 2023, large enterprises accounted for the largest market share.  In large enterprises the advantages of automating warehouses are tremendous. It also improves operational capacity since many activities such as order processing, order delivery, and supply chain management are automated, thus making the turnaround time faster and productivity improved. Automation also optimizes record keeping in inventories, and order fulfilment thereby reducing mistakes and therefore improving customer satisfaction with deliveries.

FIGURE 2: GLOBAL WAREHOUSE ROBOTICS AND AUTOMATION MARKET, BY ORGANIZATION SIZE, 2023 VS 2032 (USD MILLION)

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Warehouse Robotics and Automation Application Area Insights

Based on Application Area, the 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. The trend of picking and placing in warehouse automation is rapidly increasing because of the following reasons. First, pick and place robots provide one of the fastest and most precise ways to pick up and sort products or any material. This efficiency makes them effective in increasing throughput as compared to manual handling of goods, such facilities include the ecommerce, 3PL, retail, and other logistics industries dealing with different types of merchandise daily. Another advantage which cannot be overlooked is that these robots are safer than humans in equal measure.

Warehouse Robotics and Automation Regional Insights

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. As a result, 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. There are many omnichannel vendors nationwide, making them one of the biggest customers of warehouse robotics and automation solutions. The e-commerce businesses that need high throughput operations in their fulfilment centres place a particularly strong demand on warehouse robotics and automation.

Europe region consists of UK, Germany, France, Rest of Europe for the study. Europe was the region to adopt industrial automation first. Over one-third of all Industry 4.0 investments worldwide, according to the CBI Ministry of Foreign Affairs, are made in Europe. Its primary markets are in Western and Northern Europe, particularly Germany, where the phrase was first used and where it currently leads. When it comes to the use of automation in warehouses, Northern Europe has historically been the market with the most development.

Asia Pacific manufacturing industries have undergone a significant transformation throughout time. It is now well recognized to quickly integrate innovation accelerators, including upcoming cloud and mobile technologies and robotics. In December 2022, The Economics Times reported that India would need an additional 30 million square feet to construct new warehouses. Due to the 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.

FIGURE 3: WAREHOUSE ROBOTICS AND AUTOMATION MARKET SIZE BY REGION 2023 VS 2032

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Further, the major countries studied in the market report are the U.S., Canada, Mexico, Germany, UK, France, Italy, Spain, China, Japan, and India.

Warehouse Robotics and Automation Key Market Players & Competitive Insights

The Warehouse Robotics and Automation Market is characterized by the presence of many global, regional, and local vendors. The regional market is highly competitive, with all the players continually competing to gain a larger market share. The vendors compete based on reliability, cost, product quality, and aftermarket services. Therefore, vendors must provide cost-effective and efficient products to survive and succeed in a competitive market environment.

The growth of the vendors is dependent on market conditions, government support, and industrial development. Thus, the vendors should focus on expanding their presence and improving their services. According to MRFR analysis, the growth of the Warehouse Robotics and Automation Market is dependent on market conditions.

The key vendors in the market Some of the industry leaders are DAIFUKU CO. Currently, the key players in this industry include 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 are some of the major players in the market. These players focus on expanding and enhancing their product portfolio and services to remain competitive and increase their customer base. Additionally, these players are focusing on partnerships & collaborations to expand their business and customer base to enhance their market position.

Key Companies in the Warehouse Robotics and Automation Market include.

• Kardex


• Murata Machinery


• Honeywell International Inc.


• Boston Dynamics (Hyundai Motor Group)


• ABB LTD


• Swisslog Holding AG (A Kuka Company)


• Toyota Industries Corporation


• SSI Schaefer


• Vanderlande


• Others

Warehouse Robotics and Automation Industry Developments

• In April 2023, Honeywell showcased how its new Smart Flexible Depalletizer, and an automated storage and retrieval system (AS/RS) increase efficiency while decreasing the reliance of operations on personnel. The Smart Flexible Depalletizer, which can handle single- and mixed-SKU pallets in any pattern or sequence, does not require any human supervision.


• In March 2022, Murata Machinery USA Inc. has expanded its automated guided vehicles product offering and is partnering with AGVE AB. The company has added seven standard A-Series models to its Muratec Premex Series. The automated guided vehicle (AGV) models are customizable for a wide range of load capacities, lift heights, navigation methods, temperature ratings, and software applications. From its headquarters in Charlotte, N.C., Murata Machinery will take over and lead all North American operations in partnership with the AGVE Group, directing day-to-day North American sales, installation, service, and marketing operations.

Warehouse Robotics and Automation Market Segmentation

Warehouse Robotics and Automation Type Outlook

• Automated Storage and Retrieval Systems (AS/RS)


• Conveyors and Sortation Systems


• Robotics Systems


• Automated Picking Systems


• Automated Material Handling Systems

Warehouse Robotics and Automation Organization Size Outlook

• SME’s


• Large Enterprises

Warehouse Robotics and Automation Application Area Outlook

• Picking and Placing


• Sorting


• Packing and Sealing


• Transportation and Logistics


• Storage and Retrieval


• Quality Control and Inspection


• Others

Warehouse Robotics and Automation Industry Vertical Outlook

• E-commerce


• Retail


• Healthcare and Pharmaceuticals


• Electronics and Electrical


• Chemicals


• 3PL (Third-Party Logistics)


• Manufacturing


• Others

Warehouse Robotics and Automation Regional Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  • Mexico
  
  
  
  


• Europe
  
  
  
  • UK
  
  
  • Germany
  
  
  • France
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • South Korea
  
  
  • Australia
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Middle East & Africa
  
  
  
  • Saudi Arabia
  
  
  • UAE
  
  
  • South Africa
  
  
  • Israel
  
  
  • Rest of Middle East and Africa
  
  
  
  


• South America
  
  
  
  • Brazil
  
  
  • Argentina
  
  
  • Chile
  
  
  • Rest of South & Central America