HomePress-release

Redding, California - October 16, 2024

Warehouse Robotics Market to be Worth $15.1 Billion by 2031

Warehouse Robotics Market Size, Share, Forecast, & Trends Analysis by Product Type (Autonomous Mobile Robots, Automated Guided Vehicles, Articulated Robots), Function (Picking & Placing), Payload Capacity, End User (Retail & E-commerce, Automotive) and Geography—Global Forecast to 2031

Meticulous Research^®, a leading global market research company, published a report titled ‘Warehouse Robotics Market—Global Opportunity Analysis and Industry Forecast (2024-2031)’. According to this latest publication, the warehouse robotics market is expected to reach $15.1 billion by 2031, at a CAGR of 14.4% from 2024 to 2031.

The growth of the warehouse robotics market is primarily driven by an increasing focus on optimizing warehouse operations for faster product delivery, the rising use of autonomous mobile robots, and the growing popularity of e-commerce shopping platforms. However, the high costs associated with warehouse setup and infrastructure development could constrain the market's growth.

Additionally, rapid advancements in robotics, AI, and machine learning technologies are expected to create significant growth opportunities for players in this market. However, the security risks associated with connected autonomous robots present challenges that could impact the growth of the warehouse robotics market.

The warehouse robotics market is segmented by product type, function, payload capacity, and end user. The report evaluates industry competitors and analyzes the market at the regional and country levels.

Among the product types studied in this report, the autonomous mobile robots segment is anticipated to hold the dominant position, with over 29% of the market share in 2024. The segment's dominance is driven by the rising demand for warehouse automation, the exponential growth of the e-commerce industry, and the increasing need for high-efficiency autonomous mobile robots to enhance industrial productivity. Additionally, the demand for customized AMRs designed to meet specific industry requirements, such as handling fragile goods, further contributes to this segment's dominance.

Among the functions studied in this report, the picking and placing segment is anticipated to hold the dominant position, with over 34% of the market share in 2024. The segment's dominance is attributed to the increasing need to optimize the picking process and maximize overall throughput in warehouses and distribution centers. Additionally, the growing emphasis on accurate inventory tracking, efficient replenishment, and timely reordering to prevent stockouts and backorders plays a significant role in this large market share.

Among the payload capacities studied in this report, the Below 20 Kg segment is anticipated to hold the dominant position, with over 26% of the market share in 2024. The segment's dominance is driven by the increased adoption of lower payload capacity robots in the consumer electronics and food and beverage industries, along with the rising popularity of e-commerce shopping. Additionally, the growing volume of lightweight and small packages that need to be managed in distribution centers further contributes to this large market share.

Among the end users studied in this report, the retail & e-commerce segment is anticipated to hold the dominant position, with over 22% of the market share in 2024. The segment's dominance is attributed to the increasing preference for online shopping, a growing demand for fast and efficient order fulfillment, and the need to enhance picking speed and order accuracy.

Among the geographies studied in this report, Asia-Pacific is anticipated to hold the dominant position, with over 52.7% of the market share in 2024. The presence of major warehouse robotics players, such as Daifuku Co., Ltd. (Japan), FANUC Corporation (Japan), Hikrobot Co., Ltd. (China), and Omron Corporation (Japan), is anticipated to significantly contribute to the high revenue share of this region. Additionally, the surge in e-commerce, an increased focus on optimizing warehouse operations for faster product delivery, technological advancements, and the growing adoption of warehouse robotics in the semiconductor, electronics, and automotive sectors are key factors driving the region's dominance.

Key Players

Some of the major players studied in this report are Daifuku Co., Ltd. (Japan), KUKA AG (Germany), ABB Ltd. (Switzerland), FUNUC Corporation (Japan), Toyota Material Handling India Pvt. Ltd.(India), Omron Corporation (Japan), Honeywell International Inc. (U.S.), Yaskawa Electric Corporation (Japan), Onward Robotics (U.S.), Zebra Technologies Corporation (U.S.), Hikrobot Co., Ltd. (China), SSI SCHÄFER - Fritz Schäfer GmbH (Germany), Onward Robotics (U.S.), TGW Logistics Group (Austria), and Addverb Technologies Limited. (India).

Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=6027

Key Questions Answered in the Report-

What is the value of revenue generated by the sale of warehouse robotics?
At what rate is the global demand for warehouse robotics projected to grow for the next five to seven years?
What is the historical market size and growth rate for the warehouse robotics market?
What are the major factors impacting the growth of this market at global and regional levels?
What are the major opportunities for existing players and new entrants in the market?
Which product type, function, payload capacity, and end user segments create major traction in this market?
What are the key geographical trends in this market? Which regions/countries are expected to offer significant growth opportunities for the manufacturers operating in the warehouse robotics market?
Who are the major players in the warehouse robotics market? What are their specific product offerings in this market?
What recent developments have taken place in the warehouse robotics market? What impact have these strategic developments created on the market?

Contact Us:
Meticulous Research®
Email- sales@meticulousresearch.com
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research

3D Printing

5G Technology

Advanced Chemical & Materials

Agrochemicals

Algae Products

Alternative Proteins

Animal Health

Artificial Intelligence

Automotive Technologies

Big Data Analytics

Climate Technologies

Edible Insects

Electric Vehicle

Food & Agriculture Technologies

Hydrogen Technologies

Internet Of Things

In Vitro Diagnostics

Laboratory Instrumentation

Language Learning Technologies

Medical Technologies

Next Generation Technologies

Processing & Packaging Technologies

Robotics & Automation

Smart Technologies

Water & Wastewater Technologies

Miscellaneous / Others

Redding, California - October 16, 2024

Warehouse Robotics Market to be Worth $15.1 Billion by 2031

Warehouse Robotics Market Size, Share, Forecast, & Trends Analysis by Product Type (Autonomous Mobile Robots, Automated Guided Vehicles, Articulated Robots), Function (Picking & Placing), Payload Capacity, End User (Retail & E-commerce, Automotive) and Geography—Global Forecast to 2031

Recommended Readings

Advanced Chemical &
Materials

Food & Agriculture
Technologies

Next Generation
Technologies

Processing & Packaging
Technologies

Water & Wastewater
Technologies