Market Research Future (MRFR) confirms that the warehouse robotics market 2020 can attain a strong valuation of USD 5 billion by 2023-end. The market can most likely procure a CAGR of 10% from 2017 to 2023, which is the evaluation period. We will provide covid-19 impact analysis with the report. The COVID-19 research on warehouse robotics market offers an in-depth analysis post the coronavirus disease outbreak.
1. Warehouse Robotics Market to Touch USD 5 Billion at 10%
CAGR by 2023 | Know COVID-19 Analysis | Top Companies
(Daifuku Co. Ltd., ABB Ltd., Vanderlande Industries Inc.)
Market Research Future highlights that the COVID-19 to be Opportune
for Warehouse Robotics Market with Shortage of Human Labor. Cobots
to Emerge as Top Trend in Warehouse Robotics Market
Market Scope
Market Research Future (MRFR) confirms that the warehouse robotics market 2020 can attain a
strong valuation of USD 5 billion by 2023-end. The market can most likely procure a CAGR of
10% from 2017 to 2023, which is the evaluation period. We will provide covid-19 impact
analysis with the report. The COVID-19 research on warehouse robotics market offers an in-
depth analysis post the coronavirus disease outbreak.
Impact of COVID-19 Outbreak
Since the advent of SARS-CoV-2, robotic suppliers across the globe have become proactive in
offering advanced solutions to diffuse the grave situation induced by the pandemic. The
deployment of robotics has increased in not only manufacturing industries but for personal
services as well. The use of warehouse robotics is expected to increase rapidly, especially during
the lockdown period. Such robotics is being used to facilitate everyday activities, since novel
coronavirus has led to workers either quarantine or fall ill.
2. Warehouses that make use of manual labor have been shut down, which has led to downfall of
the global supply chain. This has boosted the efforts being put into mitigate the COVID-19
impact on the worldwide economy by businesses. Warehouse robotics has come in handy,
ensuring continuous workflow along with steady fulfillment of orders.
Primary Drivers and Key Deterrents
In the years ahead, it is expected that the warehousing industry can note tremendous demand
for robotic systems for reduced operational cost and time as well as better throughput. The
warehouse robotics market can be presented with attractive opportunities in the form of
escalating demand for automation along with the mounting awareness level with regard to
safety as well as higher quality production across the world.
Rising proliferation of Artificial Intelligence (AI), machine learning and Internet of Things (IoT),
and similar technologies has provided a massive boost to the warehousing industry, which can
induce considerable growth in the global market. A number of companies deploy Warehouse
Management System or WMS since it performs multiple functions, like labor management,
Enterprise Resource Planning or ERP integration and inventory management.
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Prominent Contenders
Prominent contenders outlined in the report include Daifuku Co. Ltd. (Japan), ABB Ltd.
(Switzerland), Vanderlande Industries Inc. (U.S), Fanuc Corp. (Japan), Kuka AG (Germany),
Intelligent Robots Ltd (London), Yaskawa Electric Corp. (Japan), Bleum (U.S), BlueBotics SA
(Switzerland), Dematic Corp. (U.S), SSI Schafer (Germany), Amazon.com Inc. (U.S.), Fetch
Robotics (U.S), and more.
Market Segmentation
The primary segments considering while conducting research on the warehouse robotics
market include type, software, function as well as end-users.
The types of warehouse robotics include parallel robots, mobile robots, SCARA robots,
cylindrical robots, Cartesian robots, articulated robots, and more.
The software types covered in the market study are warehouse execution system,
warehouse control system, warehouse management system, and others.
The function-based market categories include palletizing and de-palletizing, pick and
place, packaging, transportation, and others.
End users that extensively deploy warehouse robotics are healthcare, food and
beverages, consumer electronics, e-commerce, automotive, and more.
3. Regional Study
The regional study of the warehouse robots market comprises North America, APAC or Asia
Pacific, Europe, and RoW or the rest of the world.
North America observes first-rate growth in the global warehouse robotics industry, thanks to
the rising efforts to modernize facilities and plants with the latest technologies. Collaborative
robots or Cobots have emerged as the biggest trend in the warehousing sector for better
security, resulting in significant market growth in the region.
Europe has clinched the second lead in the global market, as a result of the massive demand for
warehouse robotics in diverse verticals such as consumer electronics, automotive, healthcare,
food and beverages, and others.
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TABLE OF CONTENTS:
1. Market Introduction
2. Research Methodology
3. Market Dynamics
4. Executive Summary
5. Market Factor Analysis
6. Warehouse Robotics Market, By Segments
7. Competitive Analysis
Continued…
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